movies on trading

Yamato

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Hiya Travis went googling a bit:

Boiler Room

Trading Places

Traders

Dealers

Bull

Limit Up

Trillion Dollar Bet

Enron: The smartest guys in the room

Capital City

The $treet

Pit: the Movie

Open Outcry

The Pursuit of Happyness OK he built up a brokerage but hey

I'm amazed at how much there is, haven't seen most of those as I didn't know they existed.

Some are or were TV series apparently.

Course there's also an elusive video where Paul Tudor Jones seems to have been embarassing himself, at least by his standards today, was up on youtube a while but he quickly pulled that again.

Dunno where you can see that now for free without catching any viruses lol.
 
Yup good idea for a thread Travis.

Just remembered sthg, managed to see a few of those on youtube or somewhere I think before they got pulled down, a BBC documentary about some hedge fund manager who trained some applicants from the street that were selected and let them trade his money for I don't remember some weeks or months.

Didn't manage to see the end though so no idea if some of them succeeded or not.

;)

BBC iPlayer - Million Dollar Traders: Make Me a Trader
 
Yup good idea for a thread Travis.

Just remembered sthg, managed to see a few of those on youtube or somewhere I think before they got pulled down, a BBC documentary about some hedge fund manager who trained some applicants from the street that were selected and let them trade his money for I don't remember some weeks or months.

Didn't manage to see the end though so no idea if some of them succeeded or not.

;)

BBC iPlayer - Million Dollar Traders: Make Me a Trader

Markus,

One of the applicants that just missed the last 8 posts on here sometimes.

He was posting just after the show finished. I think 4 of them walked out as
they were protesting about that whingeing b*tch Theo get thrown off as she was
doing sh*t. If i remeber right the army guy and the business woman stayed to
the end and at that point the show ended as the others walked out.

The older business woman was up the most.

Ged
 
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Markus,

One of the applicants that just missed the last 8 posts on here sometimes.

He was posting just after the show finished. I think 4 of them walked out as
they were protesting about that whingeing b*tch Theo get thrown off as she was
doing sh*t. If i remeber right the army guy and the business woman stayed to
the end and at that point the show ended as the others walked out.

The older business woman was up the most.

Ged

Oh, thanks for that info Ged.

Great to hear that some did make net money like the army guy and business woman.

Wonder if those two that did make money got taken on.

Not that it really matters tho does it, they learned some skills that should set them up for life.

Nice.

:)
 
traderboi... the one who plugs amplify was on that show apparently

Interesting. Should speak up about his experiences, how they trained them etc.

The guy sitting in the office overseeing the traders, the representative of the hedge fund owner, seemed absolutely clueless to me, even though he was supposed to have been a former trader himself.

Can't have been anything much different than an execution trader or sthg along those lines tho.
 
Dont forget this beauty ..........

Russell Crowe in "A good year" (2006)

showing how easy it is to be a master of the universe and make millions in minutes......(sigh)

Neil
 
Interesting. Should speak up about his experiences, how they trained them etc.

The guy sitting in the office overseeing the traders, the representative of the hedge fund owner, seemed absolutely clueless to me, even though he was supposed to have been a former trader himself.

Can't have been anything much different than an execution trader or sthg along those lines tho.

You might want to find out who Anto Kreil actually is before coming out with any more pearls of wisdom. :)
 
Yeah, this is quite amazing:
About | Anton Kreil - Million Dollar Traders

I will watch whatever Million Dollar Traders episodes I can find on youtube.com with a different point of view now.

Here are some more free online movies related to trading that I found:
"Pi" in Italian:
http://www.megavideo.com/?v=K6TTW0QC

and
http://www.letmewatchthis.com/movie-7074-Quicksilver

-------

Out of what I've seen so far - Boiler Room, Wall Street, Rogue Trader - I appreciated and identified the most with Rogue Trader.


------

This Anton Kreil is most likely a great trader, however after seeing only a few (very captivating) excerpts from youtube.com, he doesn't seem the best teacher ever, in my humble opinion. He knows the stuff of course, but he's treating people too harshly. This will only work in the sense that all those who are not talented will quit. As a consequence, the only students may actually be good traders, not because he taught them right, but just because he scared everyone else into quitting. Of course my opinion is just the opinion of an unprofitable discretionary trader, whereas this guy knows how to do it.

http://en.wikipedia.org/wiki/Million_Dollar_Traders
http://www.youtube.com/results?search_query=Million+Dollar+Traders+&search_type=&aq=f

Very intelligent analysis of the show here:

Listen carefully to what the author of the video says at the end of part one when he speaks about Simon: "...trading isn't about rules, it's about principles", because simon is complaining trading is different from computer programming (his former job). I disagree with this part. Trading CAN be totally about univocal rules and similar to computer programming - it's called automated trading, and as far I know it works, even better than discretionary trading. And later, on part two, I have to disagree with what the author says about "automated trading". However the rest of his analysis is very intelligent, especially in his stressing out that personality is more important than intelligence for profitable (discretionary) trading. I would add that it's the opposite for automated trading.

I also came across this video on youtube (one more reason to do automated trading):
 
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YouTube - wall street warriors

I've been quite shocked by this video:

Very well made. Even more fast paced than the other show. Definitely entertaining, but a bit too fast to think about things long enough.

http://en.wikipedia.org/wiki/Wall_Street_Warriors


Actually it's so fast-paced that you get tired of it after a while, because it doesn't leave you enough time to think about what is being said. It even seems that the director of the show doesn't understand enough about trading, and is just trying to make the show exciting. Nonetheless, it's still very interesting.

Also the web site of this very successful young trader (he was also at that lunch in the first, shocking, video) left me with many doubts and feeling uncomfortable (by his extreme success, but also by how he handles it, and his mentality in general - he sounds like Gordon Gekko):
http://timothysykes.com/
 
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Oliver stone is currently making the sequel to wall street!!!!!

Same characters..
 
You might want to find out who Anto Kreil actually is before coming out with any more pearls of wisdom. :)

Now I'm happy that he's the first guy in his family to have gone up to Uni and been employed by some good employers subsequently if that was his thing.

But let's get real here, none of that changes the fact that he came over as clueless on the show, by far most trading jobs at banks where you aren't basically just trading off of buy side order flow really have very little to do with real directional trading, and skills acquired there most certainly wouldn't feed you out on your own nor drive a hedge funds performance, unless you're one of a tiny majority doing real prop trading like our GJ here, which Anton wasn't.

I remember at one point in the show - don't get me wrong the show was good, and also realize the hedge fund manager himself knew what was what, just his office manager Anton didn't - he was basically scolding one of the traders to the effect of emulating trading boards biggest newbie losing number, hedging yourself to limit your risk ???

Hello ?

Long and short at the same time kind of nonsense. OK he wasn't advocating that all out nobrainer, but at the end of the day where's the difference even if you are hedging with options or another correlated instrument or whatever.

You don't need a hedge unless you're a 30 billion dollar pension fund awaiting rough times, any normal in and out trader with half a brain just puts on a smaller position size.

No reward without risk in the real world, and the both are correlated. Trying to overcome that fact is nothing but a pointless exercise in brain farting while simultaneously driving up sell side revenues.
 
More links:
Watch Owning Mahowny movie on LetMeWatchThis.com Free Online Movie and TV Downloads

And
http://en.wikipedia.org/wiki/Category:Business_films

---
Other than this, I've been watching more of Wall Street Warriors on Youtube, and it's still very interesting but also unbearable for me (can't take more than 5 minutes at a time). The values portrayed in the show are really different from mine. These people are talking about money every 10 seconds and about how happy they are because they are rich and can play polo, live in the hamptons, drive the car they want, and date supermodels, whereas obviously they seem really unhappy, because they are only focusing on activities that will allow them to spend all the money they have, rather than looking for activities that they will enjoy.


For example, nobody goes and play frisbee or swim, because those activities are free. Instead they play golf and polo because that allows them to spend a lot of money and for some reason they think it is more appealing. I really do not understand them. I want to make money, too, and I definitely wish I had all their money. But then I would use it like this: buy free time. That's all. No cars, no houses, no boats, no expensive dinners, no stupid sports that hurt horses. Instead these people keep on working, and do stupid unpleasant things because that way they can show off their money. They work at their trading jobs, and then they work in their free time trying to show off their money and to spend it as much as possible. It's pathetic. These people are geniuses at making money, but idiots at spending it. It got to their head I guess.
 
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But let's get real here, none of that changes the fact that he came over as clueless on the show, by far most trading jobs at banks where you aren't basically just trading off of buy side order flow really have very little to do with real directional trading, and skills acquired there most certainly wouldn't feed you out on your own nor drive a hedge funds performance, unless you're one of a tiny majority doing real prop trading like our GJ here, which Anton wasn't.

Didn't for one moment suggest the guy was a "market wizard". Simply that his credentials were slightly more impressive than "execution trader". Clearly, we can choose to generalise when it comes to the capabilities of institutional traders, or not.

Hello ?

Long and short at the same time kind of nonsense. OK he wasn't advocating that all out nobrainer, but at the end of the day where's the difference even if you are hedging with options or another correlated instrument or whatever.

Well I guess given the rest of your post that you're telling me, rather than asking me :), so I won't bother replying in any depth (particularly since I don't want to disturb the flow of this thread) except to say that even outright trading can sometimes be about exposing oneself to more than just straightforward directional movement. As such, the management of ones exposure to "other" elements may require a little more thought than simply scaling down position size. But then, as you suggest, it would probably take more than half a brain to work that one out. :)
 
Other than this, I've been watching more of Wall Street Warriors on Youtube, and it's still very interesting but also unbearable for me (can't take more than 5 minutes at a time). The values portrayed in the show are really different from mine. These people are talking about money every 10 seconds and about how happy they are because they are rich and can play polo, live in the hamptons, drive the car they want, and date supermodels, whereas obviously they seem really unhappy, because they are only focusing on activities that will allow them to spend all the money they have, rather than looking for activities that they will enjoy.

For example, nobody goes and play frisbee or swim, because those activities are free. Instead they play golf and polo because that allows them to spend a lot of money and for some reason they think it is more appealing. I really do not understand them. I want to make money, too, and I definitely wish I had all their money. But then I would use it like this: buy free time. That's all. No cars, no houses, no boats, no expensive dinners, no stupid sports that hurt horses. Instead these people keep on working, and do stupid unpleasant things because that way they can show off their money. They work at their trading jobs, and then they work in their free time trying to show off their money and to spend it as much as possible. It's pathetic. These people are geniuses at making money, but idiots at spending it. It got to their head I guess.

Travis,

Interesting thoughts. I guess it illustrates that for many people being good at what they do simply isn't enough and that they need to be perceived by others as being better/more important/more successful than others. Ultimately, regardless of their achievements, I think it still comes from a deeper feeling of inadequacy in the very area in which they excel.
 
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