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Million Dollar Traders-A series on BBC2,Monday at 21:00     

banjomick - 12 Jan 2009 22:53

Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?

The experiment reveals the inner workings of a City trading floor. The money is supplied by hedge fund manager Lex van Dam: he wants to see if ordinary people can beat the professionals, and he expects a return on his investment too. Yet no-one foresees the financial crisis that lies ahead.

The traders were selected in spring 2008, before the US credit crisis gathered pace. The successful candidates were chosen, trained and dispatched to their specially created trading room in the heart of the Square Mile. Among them are an environmentalist, a soldier, a boxing promoter, an entrepreneur, a retired IT consultant, a vet, a student and a shopkeeper.

As the novices learn the dark art of trading stocks and shares, the financial markets start to buckle. Making money takes second place to basic survival as the brutal realities of global economics take their toll on the traders. How do they cope? Will they secure themselves a bonus, or walk away with nothing?

http://www.bbc.co.uk/programmes/b00gthhq

Now see the unseen City-4 January 2009

Lex Van Dam and his million dollar TV gamble-07 Jan 2009

Ruth - 29 Jan 2009 11:03 - 96 of 114

MM;-)
Isaacs,agree but still the charts could have built up a bit of excitement,showing the rapid moves on their positions and how they had to deal with it, stop losses etc,or even better viewing the rabbit in the headlights senario;-)

rawdm999 - 29 Jan 2009 11:07 - 97 of 114

'rabbit in the headlights senario'

The single mums face when she was told to trade with 200K was a picture.

Spaceman - 29 Jan 2009 11:28 - 98 of 114

I only saw 2 episodes but I thought it was terrible.

Clubman3509 - 29 Jan 2009 11:34 - 99 of 114

Wait until the new series starts. Celebrity traders, that will be a good laugh.

Post your celebrity Traders that you think would be good for the series

Kayak - 29 Jan 2009 11:37 - 100 of 114

Ruth

Clubman3509 - 29 Jan 2009 11:46 - 101 of 114

Jorden AKA (Katie Price) for me

Spaceman - 29 Jan 2009 11:47 - 102 of 114

Is it going to be Naked celebrity Traders?

MightyMicro - 29 Jan 2009 11:49 - 103 of 114

This is getting better by the minute . . .

Kayak - 29 Jan 2009 11:50 - 104 of 114

OK naked it is. Are Ruth, Chocolat and Hilary enough for a whole series?

PlanB - 29 Jan 2009 11:51 - 105 of 114

Boris Johnson (but not naked!)

I want to see the end of the 3rd program again .. those percentages seemed a bit iffy after all the bad trading from the 5 that dropped out.

Ruth - 29 Jan 2009 12:07 - 106 of 114

David Beckham, that would make good viewing, as long as he dropped that newly aquired crappy italian accent,;-)

How about Darren winters or greg sekler , that could be really entertaining, or what about the fired rbs boss, fred the shred,and maybe the ex northern rock boss to hold his hand through the rough moments,

But surely the most entertaining would be the clueless clown himself Gordon brown ?
he could always just a bung a few more quid in his trading account if it went tits up via a taxpayer bailout scheme;-)

Clubman3509 - 29 Jan 2009 12:12 - 107 of 114

What about a gay version Elton John, Lord Mandy Mandleson, Sir Cliff Richard, David Walliams, Boy Gearge (He should be out soon) Ellen Degeneres,
Geaorge Micheal, Graham Norton, Sam Fox.

MightyMicro - 29 Jan 2009 13:50 - 108 of 114

Clubman: I can just see it -- Dale Winton -- sell 5,000 XTA -- do you want me to take that as your final answer (simper, simper) . . .

Strawbs - 29 Jan 2009 14:18 - 109 of 114

You could also have Noel Edmunds as celebrity broker....

Deal .... or no Deal ....

Strawbs

Who hasn't actually watched the programme.... but probably hasn't missed much by the sounds of it either....

ThePublisher - 29 Jan 2009 14:41 - 110 of 114

"Who hasn't actually watched the programme.... but probably hasn't missed much by the sounds of it either...."

Moi aussi,

But in that great old phrase 'Let us not get opinion too clouded by fact'.

TP

TheVoid - 29 Jan 2009 17:31 - 111 of 114

Well if we are dreaming I'd like to have a go with somebody else's money.

Here's episode 3 and some potted thoughts

Million Dollar Traders

Velocity - 01 Feb 2009 15:03 - 112 of 114

I guess it depends what you were expecting to get out of the series. Personally I thought it was a fascinating and realistic look at the pressures of being a trader, and the intensely difficult journey that proves far too difficult for the majority to endure (myself included). Interestingly, even the 'winning' traders chose not the pursue a career in the city even though Lex could probably have got the top 3 traders sorted. I thought it made for an interesting experiment, don't think it was ever supposed to about about charts vs fundy's, more about how the individuals coped with the stress, what's involved, how they go about their business, and what it takes to be profitable.

banjomick - 01 Feb 2009 22:00 - 113 of 114

Velocity,

That just about summed up my views on the series.You never know there may be a new 12 part series after popular demand with an extra show on BBC3 analysing each persons portfolio but I wouldn't hold yer breath! :-)

Joe Say - 02 Feb 2009 07:32 - 114 of 114

If there is another series, I'd love to put my name down for a part. Hopefully, would do slightly better than saga.com. and if I didn't it would be the best wake up call ever.
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