4 Movies About Stock Trading
December 10, 2018 (Investorideas.com Newswire) Over the years, many movies about the world of finance have fought their way onto the big screen. While some of these movies tend to portray finance professionals in a less than flattering light, certain ones can ring true in some aspects of the profession. Some movies give us a realistic view of our current financial situation, and some movies show us what it's like on the trading floor. Popular movies such as "The Wolf of Wall Street," "Trading Places," "Boiler Room," and "Inside Job" give us a glimpse of what it is like to work in the finance industry.
'The Wolf of Wall Street'
"The Wolf of Wall Street" made headlines when it was released in 2013. The film is based on the life of a notorious penny stock trader, Jordan Belfort. While this film is less about how to invest in penny stocks and more about the fraud that Leonardo DiCaprio's character committed, it is still a wonderful portrayal of real-life events, even with the exaggerated drama.
The film talks about penny stocks a bit so that viewers have some understanding of them. Penny stocks are stocks that cost less than $5 and can be traded individually or through a firm.
"Trading Places" was actually not accurate in representing the world of finance as a whole. It follows Eddie Murphy, who plays a con artist tricked into running a trading firm. Obviously, this scenario is not something that would happen in real life. However, what makes this movie great occurs during the last 15 minutes. During the final scene, the movie has a realistic portrayal of what it is like trading in the pits and offers a great introduction to a real-life trading situation.
While "Boiler Room" is a work of fiction, it has some real aspects to the movie. The storyline follows a highly successful broker who works at a pump-and-dump firm. This type of firm is real and can be damaging to its clients. The movie itself serves as a cautionary tale to new traders to work only with completely transparent companies and never fall victim to hard-selling tactics.
Unlike the others listed here, "Inside Job" is a completely realistic view of the financial job market. Matt Damon voices the narrator in this documentary that breaks down the state of the finance market in the early 2000s that lead to the crash in 2007 and 2008. This film uses interviews and market research to take a look at the financial crisis and regulations later imposed upon the financial market.
All of the above films have a slice of reality that can be examined and learned from. From seeing what awaits those who commit fraud to getting a real-life view of the current financial situation, viewers can always take away a lesson to be learned. For those who want to find their way into trading, it may be a good idea to watch a few of these films and discover what you can learn.
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