The Stock Market: Hollywood vs. Reality
Whenever someone mentions the stock market, I get this instant image in my head: the scene from the beginning of that Russell Crowe movie, A Good Year, when he is doing all that scumbag trading stuff on the stock market. He starts selling like crazy, which triggers everyone else to do so, and then when the value on the funds has reached its lowest point he starts buying back up again — making a lot of money in the process.
When I think of day trading forex, futures signals, or companies like Netpicks, I can’t help but think of that scene — the brilliant stock broker lining his pockets via his intimate knowledge of the market and his willingness to screw people to get what he wants. That’s Hollywood, though, I’m afraid — Wall Street is not always that dramatic, and a lot of times the drama is actually more like it’s been in the past week — losing money, not gaining it.
Of course, like anything else that Hollywood portrays, the fictionalized version is almost always much more interesting and appealing than what really happens — which is why many other people have equally dramatic misconceptions of how the stock market works.
Comments
Leave a Reply