RESTAURANTS, holidays, cars – and now trading seminars. Today’s deal of the day on the internet coupon business Groupon is a 95 per cent discount to £19.95 on the trading academy run by the irrepressible hedge fund manager Lex van Dam.

To recap: van Dam (right) is the ex-Goldman banker who left to set up Hampstead Capital, before putting up $1m of his own money to let a group of amateurs lose two per cent of that capital on the 2010 BBC show Million Dollar Traders.

That was still three per cent better than the “professionals” however, says van Dam, thanks to his five-step programme which teaches the art of building and managing an online stock portfolio. Places for the internet tutorials are unlimited – and open to “people who are dissatisfied with the performance of their financial adviser”.

Everyone, in other words.