lessons from million dollar traders

30 Lessons from Million Dollar Traders by Lex van Dam

van dam 00Have you heard of Lex van Dam’s Show “Million Dollar Traders”? The idea behind this TV Show is to give 1 Million US Dollars (of Lex van Dam’s own money) to novice traders and let them run their own hedge fund. The candidates received training for 2 weeks and all the necessary tools in order to make some profit within 8 weeks. There were two qualities that Lex van Dam was looking for: 1) the ability to handle stress and 2) being good at math. Out of 1,000 applications, 8 candidates were selected and only three (with very different backgrounds!) were able to stay until the end. Find out what the 30 lessons from Million Dollar Traders are from which we can learn.