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The markets are jittery today, says Rob Booker, the host of The Traders Podcast. In Episode 290, Rob tells us why now is an unprecedented time in economic history. He talks about how Janet Yellen, the new chairman of the Federal Reserve, is leading her first meeting where policy could change. Rob discusses how the stimulus programs from the 2008-09 financial crisis are wrapping up and why that’s significant.

Rob has also heard some rumblings about an impending financial apocalypse, but he says he can’t identify any catalysts for such gloomy events. Can you? Rob sees no signs of cracks in the financial system right now. Comment and leave us your thoughts at the bottom of these show notes for this episode. Thanks for listening.

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In Episode 289 of The Traders Podcast, your host Rob Booker begins with an update on long-term investments by discussing Amazon’s war with the publisher Hachette. Rob talks about the bright future for companies that support the rights of individuals to conduct commerce with the public at large. Next Jason the producer asks a question about hedging (trades, not bushes). Then we move in to some listener feedback comments and questions from Calvin, Jerry, Reggie, Jonathan, Don and Allan. Thanks for listening!

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In Episode 288 of The Traders Podcast, your host Rob Booker tries out his new Microsoft Surface and gives us a report on how he likes it. This leads Rob to a conversation about companies that seem to be hungrier than their competitors — stopping at nothing to be a force to reckon with in the marketplace through extreme tactics and sheer desire. Rob talks about what happens when a trader becomes similarly determined and committed. As an example of a hungry trader, Rob cites Traders Podcast listener Calvin. Next Rob lists what traders can do to be “hungrier,” without being dishonest. You won’t want to miss this one! Join us!

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Rob recommends Matt LaCoco’s 5 Principles for Trading for a Living With a Small Account

If you’re interested in having your own podcast (trading-related or of any sort) e-mail Jason: Producer@TradersPodcast.com

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Welcome to The Traders Podcast, Episode 286. Your host Rob Booker and Jason the producer begin by reading an e-mail from Ryan, who asks how much profit you can take out of your trading account each month. Rob addresses the irrational fears that traders often have and their feelings of imminent doom. Next Jason talks about the concept of traveling the road to greatness. Rob and Jason explore the general goal or objective that most traders have in order to consider themselves successful. And as a mere side note, Rob also mentions how to become a millionaire in seven years. Don’t miss this one! Thanks for listening.

Links from this episode:

Get our Traders Podcast App for iPhone

Get our Traders Podcast App for Android devices! [click to continue…]

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Episode 285: Reduce Your Trade Size and Calm Down

by producer on September 1, 2014

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Returning to a more typical and positive vibe, Episode 285 of The Traders Podcast features your host Rob Booker and Jason the producer talking about some of their favorite quotations. Rob relates these quotes to trading, naturally. Rob asserts that people generally do what they want to do, regardless of their reasons given.

Rob reads a quote from a forthcoming trading book by Shonn Campbell called FX Inventory, which encourages traders to be free from the burden of false precision. He cites another portion of the book that suggests that trading is about playing offense and defense at the same time. Rob also asserts that your ability to make money is directly proportional to your ability to calm the hell down. Rob says that dramatic people make the worst traders. And we conclude this episode with a voicemail from actor Morgan Freeman, who tries his hand at reciting The Traders Podcast intro! Thanks for listening.

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Episode 284: Dark Rob vs. The Mailbag

by producer on August 27, 2014

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Jason the Producer here. In this rambunctious and unusual episode, your host Dark Rob responds to some critical listener feedback from Vali and another from Bob. I won’t describe it any further, because the joy is in the journey, and it’s hilarious to hear Rob (an otherwise easy-going guy) get so wound up while speaking his mind. You may hear a side of Rob in this episode that you never knew existed…

As always, we still welcome all listener feedback, but depending on what you write, I can’t promise you won’t ignite a fiery episode like this one. Thanks for listening to The Traders Podcast.

Links from this episode:

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In Episode 283 of The Traders Podcast, you’ll hear your host, Rob Booker, respond to a post he saw on Facebook that drove him bananas… Rob talks about the problems with promoting articles written by someone whose trading performance you can’t see. He quotes Ray Dalio who says you should never listen to anybody unless you can back up their performance. This is all a prelude to Rob’s vehement disagreement with most of Mark Douglas’s Top 10 Trading Errors. It’s a spirited, good time. Leave us a comment; let us know your thoughts. Thanks for listening.

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chart

In Episode 282 of The Traders Podcast, your host Rob Booker talks with Jason the producer about the difficult change that you know you need to make. Rob talks about the obstacles that traders face when they need to make such a change. He says some people don’t have a road map; they don’t know what to do next. Rob also discusses two options for the process of making a change: the self-taught direction and the mentor direction. Rob talks about the importance of having a goal and a destination in mind. Rob also reveals what he thinks is one of the best trading strategies in the world! Rob also takes a trade on the spot during the podcast, so we’ve posted the chart above. Enjoy! Thanks for listening.

Links from this episode:

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Episode 281: Most Traders Don’t Fail

by producer on August 18, 2014

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Episode 281 of The Traders Podcast features a special introduction by Spencer, an apparently faithful listener who recites our intro via voicemail. Anyone else is also welcome to call in to The Traders Podcast and leave us a voicemail message at (801) 382-8789. The main portion of this episode is a Rob Booker rant in response to an e-mail Rob received from a fellow trader educator, who shall not be named. In the midst of explaining why traders fail, this solicitor said that most trader educators are scam artists! Rob takes issue with this and explains why. This episode is a good time. Join us! Thanks for listening.

And here is Rob’s video interview with Ben from England. Be sure to check it out!

Links from this episode:

Get our Traders Podcast App for iPhone

Get our Traders Podcast App for Android devices! [click to continue…]

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