I can certainly recommend what to watch for. I guess it depends on what you're looking for.
Trader (Paul Tudor Jones) for example is a documentary. It's a real life look at one of the well known traders in his early days. To some though, it might be boring. But if you love all things trading it might just be the best one the list.

Other movies like The Wolf of Wall Street have very little to do with actual trading and is more entertainment than anything. And then Trading places, although an old movie is a great comedy. And then you have the Big Short, which is entertaining but also based on a very important time in the markets/economy in the US.

Let me know what you're into and I'll be happy to give some suggestions.  More than anything, this is just for fun. I don't necessarily think anything can be learned from these. Just putting it out there for those that love trading as much as I do.

Billions is awesome! I was hooked on that show from the first episode where the Axelrod spotted a big trade that went through during lunchtime and then decides to reverse the trade call. It's gotten a bit more dramatic as the seasons have gone on and has less to do with trading as time passes but still love the show. Can't wait for the new season!

A lot of good advice here. I'll just add that I think it is important to be self aware. In fact, I think it's really important.

Day trading involves quick decisions. I was just reading another thread that talked about over trading and other things. If a day trader loses his/her 'cool', if often leads to bad trades. So it's important to be aware of your mood etc. This is much more difficult to control than it sounds. Taking a loss is not easy, and then not letting it get to your head is even harder.

Revenge trading is a pretty bad one. I did it a lot when i started out.

Pretty much I'd follow my rules but if I had a bunch of losses I'd increase position sizes and just trade like crazy. It works sometimes, which makes it worse and reinforces the behavior. Discipline is just a big part of trading but so much harder after a string of losses.

I'm also interested in that movie on Bitcoin. So far I have not come across any as of yet. Or an crypto's in general

I agree el kaka22 - most of the movies paint a bad picture of trading.

Even Wolf of Wall street, I mean it looks interesting and all.. but at the end of the day he robbed a bunch of people and went to jail for it. What you mentioned from the Big Short is also true, but I still felt like I learned a bit from it. Like how the main character found out the housing industry was going down because there was fraud happening. It was like a forward signal. It was easy to see but nobody was looking.

But anyway, they are all for entertainment, I certainly enjoy watching them.

Another one I forgot to mention, not a movie but a show - Billions. I think it is quite good. Early in the first season it has more to do with trading and as it goes on it lessens.

Out of the whole list, if you're looking for one that you can actually learn from it is Trader, the story about Paul Tudor Jones.

Does anybody have any awesome movie recommendations related to trading? These are the ones I've watched and really enjoyed

Trading Places
Wall Street & Wall Street: Money Never Sleeps
Boiler Room
Rogue Trader
Trader (Paul Tudor Jones)
The Big Short
The Wolf of Wall Street



I think I've watched each one at least three times! if you have any others you suggest please let me know!

Technical Analysis is a part of trading. Arguably the easiest part of trading though some do get it wrong.

I think the OP is already on the right track on what other aspects to look for and the other comments here have added to that. The only thing I would add is you can look at correlation as that has helped me quite a bit. This involves looking at correlated instruments and making sure they are all giving you the same technical picture. This provides a greater edge and helps in finding more meaningful moves.

From my experience, the most difficult aspect of trading is what most refer to as trading psychology. Basically, we are not programmed to lose, but successful traders take losses all the time. The key is to have more winners than losses. OR to have bigger gains on winning trades. A combination of the two works as well. I find new traders will often put on a really big trade after losing a bunch of trades in hopes of 'making it back quickly'. This IMO is the greatest risk to a trader.

Taking profit depends on what your objective is. I think something to take into consideration is what your downside is. In another words, what are you risking.

If for example you want to take 50 pounds out of the market, how much is it that you can potentially lose. I'm not making any forecasts here, or suggesting where Bitcoin will go, but let's say it drops back to around $5000. You would have lost 400 pounds. Is that really worth it to make 50 pounds?

Most professional traders call this risk to reward. In determining this, you have to assess how volatile the asset is that you're trading. In this case, bitcoin is quite volatile, so you have a lot of exposure. But that volatility can also work in your favor.

If you're into technical analysis, you might be better off just choosing a spot that you want to sell based on your analysis. This way it has nothing to do with your PnL. Actually, that is how it should be. It's generally not a good idea to be too focused on your PnL, but rather watch and see which direction it is heading. If it's heading up, why would you want to sell? If there are signs that its reversing, it makes sense to get out and try again at a later date.

There are advantages and disadvantages over trading a bot vs human trading. I think it's a big subject all together actually.

For starters, arbitrage is popular in trading crypto, and for that, a bot is certainly better. If you only account for speed, there is no way a human can do it as fast as a bot. In that game, speed is everything. Also, don't forget human emotions get involved.  A trader could easily get into a crypto with the idea of arbing it and then decide to hold on to it a few extra minutes because 'it looks like its going up'. Next think you know, it tumbles and the 1% profit that was meant to be made has turned into a 5% loss.

While its true that there is the human touch involved in trading manually, most traders suffer terribly from making bad decision based on their emotions. Losing trades is inevitable and as humans we find it difficult to accept losses. Although that skill is very much a must to be a good trader.

The biggest pro i see to trading manually is being able to look at a variety of factors. You can look at correlation, how the general sentiment is, and make decisions based on that. The biggest downfall, as suggested above, is that emotions get in the way. This is especially true when a trader has a drawdown or a string of losses that start to really weigh in.