Ep. 638: Looking to the Future Like Elon Musk

by Natalie Pyles on August 9, 2018

 

Welcome to the Traders Podcast Episode 638! Today your host Rob Booker indulges a current event question from Jason about Elon Musk’s recent investigation-stirring tweet.

This guy lives in the future. For traders it begs the question, “What kind of trader would a future-dweller be?”

A trader oriented in the future who is sitting on a lot of losing trades will be motivated to do something about it: close positions, hedge positions, etc.

A trader in the “now” will vacillate between worry and acceptance.

A trader living in the past will be replaying the movie of his past in his head.

Remember that Murphey’s law doesn’t state that whatever that is bad that could happen will happen; it just states that whatever can happen will happen.

Could you start and end every day with a bet about chaos? Could you benefit from that? Rob’s not sure yet, but he knows that things don’t stay where they are. There will be shocks to the system. Ask yourself, “what trade could I take that would benefit from an implosion of the status quo?”

Listen in for a great conversation that also circles around to The HBO hit Succession, Bitcoin and the upcoming Traders Rap! Thanks for tuning in!

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

{ 2 comments… read them below or add one }

Alvin August 9, 2018 at 7:14 pm

Great podcast, always enjoy your insights in the world of trading.

Just seen Tesla prices nearly back to pretwitter values, I think Elon is having a good laugh somewhere at his shareholders expense. Something just doesn’t seem right about that guy.. he reminds me of Wile E Coyote (remember WB cartoons? “..allow me to introduce myself, Wile E Coyote, super genius..”), always optimistic and finding new ways to get the Road-runner but only to spectacularly crash & burn. ACME Tesla Co.

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ryan September 21, 2018 at 8:18 pm

i hope your podcast makes to a big 1,000!

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