Million_Dollar_Traders

<i>Million Dollar Traders</i>

Million Dollar Traders

British TV series or programme


Million Dollar Traders is a 2009 British reality television series devised by hedge fund manager Lex van Dam, which attempted to recreate the famous Turtle Traders experiment devised by Richard Dennis in the 1980s.

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Background

Million Dollar Traders follows a group of twelve wannabe traders dealing in shares during the events of the financial crisis of 2007-2009 which was then whittled down to the final eight. The contestants come from various backgrounds, including a fight promoter, a day trader, an IT/banking recruitment consultant, a working mother, a retired IT engineer and a student, among others. During the series van Dam gave the London-based contestants the sterling equivalent of $1 million of his own money to trade for 2 months. Former professional trader Anton Kreil was appointed as the manager of the group.[1]

As with the original experiment, those who lasted the course broadly confirmed the claim that novices could become professional-level traders, making small profits or at least lower losses trading in very turbulent markets during the filming than professionals, who lost four times greater amounts over the same period.[2] The three-part BBC series, narrated by Andrew Lincoln, was a part of the "City Season" programming on the BBC. It aired on BBC 2 in the UK at 9pm on Monday evenings between 12 and 27 January 2009.

Episode list

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Contestants

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References

  1. "Blood on the floor with the BBC's Million Dollar Traders". The Times. 10 January 2009. Retrieved 2 February 2009.
  2. "Million Dollar Traders episode guide". BBC. 2009. Retrieved 2 February 2009.

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