Ep 632: Scott Welsh on Beating the Market

by Natalie Pyles on July 5, 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!
Twitter: @swelsh66
YouTube: Scott Welsh Trading. Beat the market – Scott Welsh. New YouTube videos release every Thursday!

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

TFL365.com

Trader Interviews.com

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

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