Tue, 24 July 2018
Has your trading plateaued? Do you feel stuck in a rut? Traders commonly become impatient with the process because they just don’t feel like success is happening fast enough. How long should it take to become profitable? Many traders want to know how long until they can trade for a living. In Episode 637 of The Traders Podcast, your hosts Rob Booker and Jason Pyles discuss how you can improve your trading by degrees and by eliminating the unnecessary aspects. Many traders further complicate their trading by trying to add to it, but ironically, trading tends to work better when you simplify your approach. Rob says we tend to think in terms of hours, minutes and days while the world of trading is measured in months, quarters, years and even decades. Listen to learn more! Be sure to visit RobTrends.comto learn about Rob's brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob's YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Thu, 19 July 2018
What is your No. 1 goal in trading? To make money? No. In Episode 636 of The Traders Podcast, your host Rob Booker explains why your No. 1 “secret goal” as a trader is to reduce drawdown. Rob says a trader’s primary responsibility is to reduce drawdown and cut your losses. You want to avoid holding on to your losses for long periods of time. During this question-and-answer show, the producer Jason Pyles also talks to Rob about a number of universal, trading-related queries. Rob says the famous phrase in trading is, “You can’t win if you don’t play,” but the phrase should be, “You can’t play if you don’t win.” Listen to this episode to learn how to win more! Thanks for joining us for The Traders Podcast. Be sure to visit RobTrends.comto learn about Rob's brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob's YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Tue, 17 July 2018
Sometimes the events of the news don’t have to be strictly financially related in order for us to glean some truth about trading. In Episode 635, your host Rob Booker and the producer Jason Pyles discuss the recent, heroic rescue of the boys trapped in a cave in Thailand. We talk about pressure and deadlines. We also discuss rising to the occasion and calling upon reserves of strength and determination precisely when they’re needed. Rob also draws a parallel with the beginning of a trader’s career and the seemingly long, dark tunnel to attaining the status of a profitable trader. In Episode 635, Rob also talks getting back on track at the last point where you knew you were still on course. We discuss the occasional necessity of having to repeat portions of a journey. Many traders find this very humbling and discouraging, but Rob talks about how it’s often a necessary part of the learning process. We also hear the story of David, a trader who Rob repeatedly challenged to make one dollar a day. Listen to hear what David eventually learned! Join us! Be sure to visit RobTrends.comto learn about Rob's brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob's YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Thu, 12 July 2018
Continuing on with our interview series, Episode 634 of The Traders Podcast brings you the wisdom of Scott Heywood. He talks about his primary trading goal of just surviving to trade tomorrow and next week! Scott says he doesn’t consider himself a trend trader or even a counter trend trader. He doesn’t make his decisions to trade based on whether a pair is trending. Scott talks about getting his news from Twitter, though he doesn’t let that information worry him or affect his approach to trading. Scott also talks about his preference of having freedom and flexibility in his schedule rather than adhering to a daily trading routine. Scott does, however, have a weekly routine that he describes during this podcast. When asked how long it takes for a person to learn to trade for a living, Scott explains why it could be anywhere from six months to six years, depending on the individual. He also discusses the value of time and experience. Join us to hear more! How to get in touch with Scott: Website: Tenfortyone - Sign up for Scott's newsletter! Scott’s favorite book: Zen in the Martial Arts Be sure to visit RobTrends.comto learn about Rob's brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob's YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Tue, 10 July 2018
Welcome back to The Traders Podcast! Your host Rob Booker continues his interview series with the great trend trader Raghee Horner! She talks about the importance of having a short memory when it comes to good trades (as well as the bad ones). Raghee encourages the listeners to not take a stop-loss personally. In fact, Raghee says traders shouldn’t take anything personally. During Episode 633, Raghee speaks about trading systems, trading routines and how she tracks her trading goals. She also talks about how fasting can help your trading! Raghee says a good trade is a story you can wrap your head around and then prove with price. And she tells us what she believes is the most common mistake that traders make! Join us to hear more! How to get in touch with Raghee Horner: Website: Raghee’s Clubhouse Raghee’s favorite books: Breaking the Habit of Being Yourself and The Amazing Power of Deliberate Intent Be sure to visit RobTrends.comto learn about Rob’s brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob’s YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Thu, 5 July 2018
In Episode 632 of The Traders Podcast, your host Rob Booker poses a number of interview questions for guest Scott Welsh to answer at his leisure. In this show, we ask what it means to “beat the market”? Better yet, how does one beat the market? For Scott Welsh, beating the market means creating a return that is consistently higher than if you just bought and held the S&P 500 Index. Scott is also asked if he is a trend trader, a counter-trend trader or if making such a distinction is nonsensical. Scott talks about the biggest mistake that new traders make. And he also discusses trading goals. We talk about how long it takes for someone to learn to trade for a living when doing discretionary trading. And of course, Scott “The Coach” Welsh incorporates some parallel metaphors from his years of experience in the tennis world. Oh, and it wouldn’t be a Scott Welsh episode if we didn’t discuss a little robot trading, as well. Join us to hear more! How to get in touch with Scott Welsh: Website: scottwelsh.me – Sign up for the weekly newsletter! Scott’s favorite book: Zen and the Art of Motorcycle Maintenance Be sure to visit RobTrends.comto learn about Rob’s brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob’s YouTube channel here: youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |
Tue, 3 July 2018
In a very unusual episode of The Traders Podcast, your host Rob Booker talks with the producer Jason Pyles about some of the themes of trading, including the perpetual pursuit of more time, money and influence. Traders are also commonly subject to disappointment, heartbreak, depression, confusion, anger and self-sabotage. Traders are also full of hope and desires for fast cars and a beach-side life. Rob also discusses the characteristics of traders who “come up hard” by starting out in the traders’ school of hard knocks, so to speak. Rob also commissions Jason to complete an intriguing task! Using some of the themes mentioned above, Rob hires Jason to write and record a traders’ rap song! Join us to hear more! Be sure to visit RobTrends.comto learn about Rob's brand-new indicator and trading system! Remember, if you want to learn more about cryptocurrency, you can get Rob’s free book at RobCoin.com! Thanks for listening to The Traders Podcast. Links for this episode: Subscribe to Rob's YouTube channel here: https://youtube.com/robbooker Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast Jason’s movie podcasts: If you like movies, then Jason’s show Movie Podcast Weekly will give you semi-comedic reviews of the 2018 movies that are new in theaters. Movie Podcast Network Jason’s movie podcast network. Movie Podcast Network Twitter: @MovieCastNetwrk |