12 Must-Watch Forex Movies Of All Time For Investors And Traders
If you are someone who is looking forward to beginning trading in the forex market or are already trading, you must be aware of its vastness. Also, to successfully trade in the forex, one requires knowledge, patience, determination, experience, and quick decision-making amongst many other qualities. Perhaps some good forex movies can help inspire!
However, knowledge and experience come over time. If you read about popular Forex stories, books, blogs, and articles, etc., you will definitely gain more understanding of forex trading. But, if you have no time to read or find it boring, you can watch films based on the same subject. Watching real-life scenarios can help you analyse numerous Forex situations and prevent you from committing those mistakes.
Watching movies centred around forex will not only take less time than reading but can be much more interesting. The following is a list of Forex movies you can watch and learn from.
Wall Street – Forex Movie
Wall Street is probably amongst the most popular forex movies of all time. The film was released in 1987 and accurately presents the American culture of making money fast during that time.
Bud Fox is an ambitious stockbroker who wants to get to the top by any means necessary. Whereas his father teaches him good values and morals over profit, Bud considers greedy and ruthless corporate trader Gordon Gekko as his mentor. Watch Bud cross the line between bad and good to ultimately choose who he wants to be – his ethical father or a powerful figure in Wall Street, Gordon Gekko.
The Wolf of Wall Street (2013)
A trader’s list of forex movies is incomplete without The Wolf Of Wall Street, based on a true-life story of New York stockbroker Jordan Belford. The movie has a star-studded cast, starring Leonardo DiCaprio as Jordan Belford, and presents the dark side of the trading world in the best possible way.
Expect to see a world of greed, drugs, sex, booze, and corruption in this black comedy. The movie will teach you how to balance your ambitions and the dark side of greed as well as unchecked trading.
Rogue Trader (1999)
The rogue trader, Nick Leeson, who single-handedly bankrupted Barings Bank in 1995, is the inspiration of this movie. Determined to rise to the top in the world, Nick relentlessly uses other’s money in trading only to lose more than a billion dollars.
The movie accurately captures how unchecked trading can lead to the bankruptcy of one of the most important and oldest banks in Britain.
The Big Short (2015)
Nothing can come close to the 2007-8 crisis that drove America to its biggest recession since the Great Depression. The movie is an adaptation of Michael Lewis’ book written in 2010 by the same name.
The movie stars five of Hollywood’s A-List actors who perform remarkably to show how a few traders gained immensely from betting against the U.S.A.’s mortgage market in 2006-7. Through their own research, they found out that the U.S. mortgage securities market was actually a bubble about to burst. They invested accordingly in the hope to win big.
Becoming Warren Buffet (2017)
In this documentary, you can closely follow the billionaire Warren Buffet, who is the most successful investor in the world. The documentary is a perfect example for all the budding traders and teaches that even the right way can put you in the highest position.
Becoming Warren Buffet is the journey of a young boy from Nebraska who worked ethically and morally to become one of the most respected men in the world.
Fun Fact: The eighty-six-year-old does not spend more than $3.17 on his breakfast despite having the net worth of $70 billion!
Boiler Room (2000)
The film is about a young college dropout who wants to impress his father by being successful. So, he takes up a job at boiler room of a major stock brokerage only to find out that he is knee-deep in corruption. This is one of those forex movies that will teach you about everything that is wrong with the financial industry.
Inside Job (2010)
This documentary provides a complete analysis of the global financial crisis of 2008, which caused millions of people to lose their homes and jobs. It cost over $20 trillion and nearly led to a global financial collapse.
Through extensive research and detailed interviews featuring key politicians, financial insiders, academics, and journalists, the documentary unveils the rise of a rogue industry that has corrupted relations, academia, and politics. The documentary has interviews from congressman Barney Frank, IMF head Dominique Strauss-Khan, former New York attorney general Eliot Spitzer among many others.
Enron: The Smartest Guys in the Room (2005)
The 7th largest company in the U.S.A. goes bankrupt due to Enron’s decision within a year in this tale told chronologically. Amongst the list of Forex movies, this documentary-style movie is a study of one of the biggest business scandals in American history.
The film examines the collapse of the Enron Corporation in 2001 that resulted in criminal trials for some of the company’s top executives at the time of the ensuing Enron scandal. It also showed how Enron traders were involved in the California electricity crisis.
The Corporation (2003)
It is one of those forex movies that demonstrates the ascent to a major corporation’s top. The film is a detailed psychological investigation of a corporation’s legal concept. The corporation can purchase property, and has legal rights and ownership.
This is a must-see trading movie if you are keen to know how the corporation can, as if it is a person, have the right to buy property and own it.
Trading Places (1983)
This is one of the funniest forex movies of all time wherein a commodities brokerage businessman and a homeless man exchange their positions. This movie shows several morals and life lessons that you can learn while making you laugh throughout.
Floored (2009)
This is a brilliantly executed documentary film that revolves around the future trading pits of Chicago. There are several reasons why it scores high on the education factor. Firstly, it offers detailed insight into futures trading and markets. You will also listen to several honest comments and shocking anecdotes from those interviewed.
Secondly, the film brings to light the real-world problem of gambling vs.real trading. If you are interested in general or futures trading, this movie is a must-watch.
Margin Call (2011)
This movie will tell you what will happen if you go over your leverage and it explains what can happen on a wider stock-market scale. Your account can go from blooming to dead in a few short seconds if the investment firms over the leverage and receive a margin call.
Conclusion
The above-mentioned forex movies will tell you how dangerous the world of trading can be. If you are planning to enter the forex trading market, you should look at the dark side of this market via these movies first.
One thing to learn from them is that you should never trust anyone in the forex market implicitly. You will also come to know certain dirty aspects regarding how the forex market works. However, if you enter into fair-trading and trade only in those companies that trade ethically and legally, you can avoid the risks of being duped and going down steeply.