which guy is the winner in the "Million Dollar Traders"?

Q

quickg

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• Feb 20, 2009

• #1

I missed the "Million Dollar Traders" .
Which guy(s) can finally make profits?

 

Mr. Charts

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• Feb 20, 2009

• #2

The ones taking the opposite sides to their "trades".

 

KillPhil08

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• Feb 20, 2009

• #3

starting from left to right.

**** eco-**** old-**** army-**** student-**** chav-**** mother emotional-****

 

zupcon

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• Feb 20, 2009

• #4

Mr. Charts said:

The ones taking the opposite sides to their "trades".

Click to expand...

and the "bitch" broker of course

IIRC Mrs Mummsy (Caroline ?) kicked everyones ****

 

Last edited: Feb 20, 2009

Mr. Charts

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• Feb 20, 2009

• #5

zupcon said:

and the "bitch" broker of course

Click to expand...

 

A

anley

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• Feb 20, 2009

• #6

The one who lost the least?

 

A

anley

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• Feb 20, 2009

• #7

Love the token spook. Just wondering if it's possible to make a program these days without one?

 

blackcab

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• Feb 20, 2009

• #8

quickg said:

I missed the "Million Dollar Traders" .
Which guy(s) can finally make profits?

Click to expand...

Do you want to test if you can spot a winner from a photo? If so, who did you think?

From left to right:

Shopkeeper - weak personality, little boy
Eco warrior - vain, smug, close-minded know-it-all
Retired IT man - fussy old maid
Soldier - comical 'hard man', desperate to prove himself
Mathematics student - saw very little of him, seemed bright
Fight promoter - heart on his sleeve emotional stereotype
Entrepeneur - dispassionate, cool Mum
Vet - blubbering over-emotional wreck

The winner in the end was the entrepeneur in the spotty dress. All the others except maybe the mathematician couldn't see outside themselves.

 

Q

quickg

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• Feb 20, 2009

• #9

I really don't know the ans. But as Alex Elder said, women are better traders than men.

 

Martinghoul

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• Feb 20, 2009

• #10

Women have been shown to be better traders than men, who suffer from overconfidence bias more (they trade more and spend more on transaction costs).

 

M

MrGecko

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• Feb 20, 2009

• #11

I love that everyone jumps in and slates them as a bunch of no-hopers... By my reckoning, 1/4 of them returned a profit (the student and the mum); are you telling me that there are 25,000 profitable traders registered here????

 

Q

quickg

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• Feb 20, 2009

• #12

Is the black guy a student ?

BTW, how much can the mum make?

 

C

candles

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• Feb 20, 2009

• #13

anley said:

Love the token spook. Just wondering if it's possible to make a program these days without one?

Click to expand...

 

KillPhil08

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• Feb 20, 2009

• #14

they made just over 2% of the account i think.

yes the black guy is a student.

boxing commentator made money, student did, army guy did, mother made the most.

 

shadowninja

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• Feb 20, 2009

• #15

Overall, however, they were down, due to losing trades by the less successful traders.

 

Q

quickg

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• Feb 20, 2009

• #16

who is the biggest loser? The retired IT guy?

 

Trader333

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• Feb 20, 2009

• #17

are you telling me that there are 25,000 profitable traders registered here????

Click to expand...

1/4 of 160,000 is not 25,000 but I agree with your point.


Paul

 

zupcon

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• Feb 20, 2009

• #18

MrGecko said:

By my reckoning, 1/4 of them returned a profit (the student and the mum); are you telling me that there are 25,000 profitable traders registered here????

Click to expand...

Surely 10 weeks and a few dozen trades is an insignificant sample on which to reach any sort of accurate conclusion.

Its a totally unfair and pointless exercise to judge the group purely on a profit and loss basis after a matter of weeks. I'd even go as far as to say that two people in the group with the very worst short term results possibly had a far more potential and the right attributes to succeed over the longer term, if given the appropriate support.

 

I

ian

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• Feb 20, 2009

• #19

quickg said:

BTW, how much can the mum make?

Click to expand...

That would depend on the size of her position and whether she was long or short.

 

M

MrGecko

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• Feb 20, 2009

• #20

Trader333 said:

1/4 of 160,000 is not 25,000 but I agree with your point.


Paul

Click to expand...

In my defence, I am writing this on my iPhone and couldn't see the number in the corner. 25k is a bit ambitious, 40k plain ridiculous.

Good points well made all around - High 5!


(no not that kind Phil)