ipl-logo

Traders By The Minutes Essay

515 Words3 Pages

Traders: Millions By The Minutes – As Simple as it Seems?

It was billed as the insight into the world of online trading that we had all been waiting for. In some instances the BBC 2 two-part documentary Traders: Millions By The Minute delivered just that. It turned out to be an informative, educational and entertaining show, that probably piqued the interest of would be investors across the country. However, many have branded the documentary somewhat reckless in how it didn’t show the downside of an industry rife with risk. It left many asking, is online trading as simple as it seems?

Those who sat down and watched Traders: Millions By The Minute saw the two part show display stories of financial success. Along with up and coming traders that believed that they were ready for the big time. It all made for a great watch, but the fact is there is more to online trading than meets the eye. Episode 1 took a look at the traders new to the field. It was interesting to see …show more content…

The task is far more difficult than the show will have you believe. One thing that the show doesn’t address in enough detail is the sheer amount of time it takes to be successful, or even reach a functioning level in the stock market. Anyone who looks at the stock market shouldn’t think it is easy as picking a few names and letting the money role in. Research is also another key element of the field that is by no means easy to do effectively. The likes of Jane, may have made it seem effortless or even like a guessing game when detailing how they have achieved their successes. However, if you were to come away thinking about online trading that way it would be extremely foolish. Research was a key element that was overlooked. There is no doubt that Traders: Millions By The Minute was educational, but in some aspects it overlooked key areas of online

Show More
Related

Space Traders Analysis

684 Words | 3 Pages

The movie Space Traders is based on Derrick Bell 's short story it 's directed by Reginald Hudlin and stars Jason Bernard, Larry Anderson, Robert Guillaume, George Wallace, Brian Reddy, Brock Peters, Edward Edwards and Bob Gunton. Space Traders is about aliens coming to America offering gold and clean air in exchange for all black people with a certain amount of melanin in their skin. I would say this movie is valid and invalid. The movie has a deeper meaning to it than what is portrayed But the graphics are horrible. I can understand why its terrible because it was made in the 90s, so technology wasn 't really developed however even due to the poor graphics they still managed to get the author 's point across.

Read More

Mikesbikes In Class Simulation Analysis

448 Words | 2 Pages

During the first few weeks of the practice run of the game, everyone in our group was having a very hard time getting used to it. None of us could get our shareholder value to raise any more than a dollar at most, and some of us were even going bankrupt. A real pivotal moment for us was listening to a member from another group speak to the class about what was working for

Read More

Chapter Summary Of Cocktail Party Economics

1286 Words | 6 Pages

Trading like this works because it is all about the opportunity costs (p. 53). Although the player may be able to produce most of the items by him or herself, things such as time are scarce and they have to make choices on what to produce which leads back to specialization.

Read More

Summary Of All Quiet On The Western Front

1148 Words | 5 Pages

Throughout this novel, All Quiet on the Western Front the author, Erich Maria Remarque reveals his belief that war is ugly, brutal, shameful, and completely unnecessary. This novel takes you through the life of the German army fighting against France, England and America during the World War I. The main characters quickly come to the realization that war is not honorable and that the people they’re fighting aren’t really their enemies. The style this novel is written in is pedantic, it focuses a lot of detail and thoughts. This novel is a well-documented, detailed and carefully written book.

Read More

Jesse Livermore: The Most Significant Events In The 1920's

696 Words | 3 Pages

Livermore was “the son of a failed Massachusetts farmer, he found work at 14 as a board boy in a Boston brokerage for $6 a week” (Klein 63). His early head start in the world of finance opened him up to many possibilities as he started to recognize patterns and fluctuations of figures. This helped him be able to predict the moves they would make, which would become a very convenient skill. At the early age of fifteen he started getting banned from bucket shops for excessive winning. At the age of twenty-one he moved to New York to bring his education of “the game” to another level.

Read More

Rhetorical Analysis Of Trump And The Plutocrats

772 Words | 4 Pages

I cannot marshal concentration to even read the financial statements about my own investments... moneymaking seems a useful skill, but not much more,” these sentences add to his intention of debunking the myth that success merits an opinion on worldly matters. The tone of the piece is clear

Read More

Time Ain T Money Rhetorical Analysis

1412 Words | 6 Pages

“Investors no longer seek to make money off their investments, but off the trades themselves. They whined when a purchase of Facebook shares in the first few minutes of the company’s IPO didn’t return a profit over the next hour” (115). What Rushkoff is trying to say there is that now business people are not willing to wait to succeed, they want to see their achievements right away. What Rushkoff is trying to show by using that real life example is that business people don’t care if they are going to make more money out of investments because they would rather not wait at all and just gain money

Read More

Gary Vatrchuk Biography

764 Words | 4 Pages

Through his reactions he realized “the market wants one-on-one real time engagement” (Vaynerchuk 2009). His ability to look to the future of business and his timing in the industry has powered creative breakthroughs for his business online. He takes great pride in his ability to have great timing. In Crush It!” he tells his readers it was easy to see the business future and that is the main reasons he jumped headfirst into wine and then into new media (Vaynerchuk 2009).

Read More

Is Google Making USupid By Nicholas G. Carr

521 Words | 3 Pages

Scholars from University College London found that, “people using the sites exhibited ‘a form of skimming activity,’ hopping from

Read More

Greg Secker Biography

438 Words | 2 Pages

Meet Greg Secker and Get to Learn More about Him Greg Secker’s profession adjourned as a Trading technologist at Thomas Cook Financial Services. He was able to introduce and develop trading systems that provided profit-making options in the lucrative foreign exchange market. In the mid-nineties, he established the first real-time Foreign Exchange Trading systems. He named this system- “The Virtual Trading Desks” (VTD) which later o won many awards.

Read More

Are You Distracted About Day Trading Futures?

838 Words | 4 Pages

Distracted About Day Trading Futures? By Jonathan Daytrader Jul 25, 2011 There is over $480 trillion in the index markets globally! Many of us attempt to find their catch of the action by learning day trading futures; but the dodgy connotation and the reportedly low long term success rate makes one doubt if day trading futures is actually all that it is created out to be, or is it all just hype?

Read More

The Five Biggest Stock Market Myths

1618 Words | 7 Pages

Review of Literature Source 1: (The Five Biggest Stock Market Myths, 2014, The Five Biggest Stock Market Myths Available at: http://www.investopedia.com/articles/02/061902.asp) The article outlined different myths of about investing and explained how they are not true. Investing is the same as gambling is one myth. Investing is buying shares in a company which represents ownership of that company, which means the investor will gain part of the company’s profit.

Read More

Stock Market Persuasive Speech

273 Words | 2 Pages

It can all be done online, in just 3 easy steps you can join the stock market. All you have to do is sign up with an online broker, fill out some information they will ask, and put money into your account. Here are some reasons to why you should think about joining the stock market. It’s a great investment for

Read More

Sales Strategies In The Wolf Of Wall Street

1744 Words | 7 Pages

The movie “The Wolf of Wall Street” demonstrates how anyone has the ability to sell anything, you just need the right skills and abilities. Jordan Belfort is a real example of how any individual can become a millionaire in just a short period of time with very little training provided. One of the main Belfort’s lessons is to know exactly what you want. Not only have goals and a vision, but also know how you can reach your goals and have your desired outcome.

Read More

Reflection About Investment

856 Words | 4 Pages

What’s hard is tuning out all the distractions – market predictions, economic headlines and product pitches – that can throw an investor off course. If you can ignore the noise and stay invested through good times and bad, you will be amazed at the wealth you can build. Another lesson I learned was that, it’s not necessary to take on a lot of risk in order to generate attractive returns. In life, we’re taught that success comes to those who work the hardest.

Read More

More about Traders By The Minutes Essay

Related Topics

Open Document