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Movie: Trading Places

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  • Movie: Trading Places

    Great comedy and even greater look at Wall Street. I like how this movie subtly teaches you some basics of commodity trading while still being funny. Its even said to have inspired the classic turtle trader experiment.

    This modern day take on The Prince and Pauper features Eddie Murphy as a streetwise con artist who gets tricked into becoming the manager of a commodities trading firm, while unwittingly replacing his successor, a blueblooded executive played by Dan Aykroyd. Although actual trading takes a backseat to the characters transitioning into their new circumstances, the final 15 minutes of the movie has a very accurate depiction of a frenzied trading session in the orange juice futures pits. Without revealing the details, this scene alone is worth the price of admission, but the supporting cast, the 80s nostalgia and great acting from the leads makes this a must-watch.
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    "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."


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