Episode 164: Movement Is Life

by robbooker on July 3, 2013

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Episode 164 opens with your host, Rob Booker, and the producer, Jason Pyles, talking with Jared Johnson (the founder and lead trader at Day Traders FX.com) about summer movies — and in particular — Brad Pitt’s “World War Z.” And as you might expect, this conversation leads into an analogous chat about trading and whether “movement is life,” as is suggested in “World War Z.”

The main event in this episode is when Rob and Jared both choose to tell a story about a recent trade they took. Rob, who is a self-proclaimed divergence trader, aims to explain why divergence doesn’t work, and why it should usually be avoided. But somehow, Rob’s story spirals out of control and becomes some bizarre alternate ending to the Hugh Grant, Julia Roberts film, “Notting Hill.” Then Jared regales us with a tale of Aussie Dollar trading, and Rob asks him to define “an early exit.” Good stuff. Don’t miss it!

Links for this episode:

Jared’s Web site: Day Traders FX.com

Jared on Twitter: @DayTradersFX

Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

TFL365.com

E-mail us! Producer@TradersPodcast.com

{ 3 comments… read them below or add one }

Brian F. July 5, 2013 at 4:12 pm

Hi Rob,

I’m glad you enjoyed World War Z, and am offering my advice on other good books on audio. If you think back, one of the things that were so captivating about WWZ was the narration. The really good narrators can make you see the Battle of Yonkers, or the fall of the mansion in Long Island. They do accents, they can change their voice, they take their time and make you part of the book. I’ve listened to literally hundreds of books on tape, and I can assure you, there’s no book out there that’s so good that a bad narrator can’t ruin it. The following recommendations are based on my own opinion of the story and the performance of the narrator:

I Am Legend, written by J. L. Bourne, Narrated by Jay Snyder [vampires/last man on Earth]

Cell, by Stephen King, narrated by Campbell Scott [vampire]

The Gunslinger (The Dark Tower Series), by Stephen King, Narrated by George Guidall [scifi/western]

Contagious, by Scott Siegler, Good job of narration by the author. [parasitic invasion from space]

The Dexter Series, by Jeff Lindsey, narrated by the author. [our lovable serial killer books]

Dies the Fire, by S.M. Stirling, narrated by Todd McLaren [Aliens attack, so we get medieval]

Ex-Heroes (Series), by Peter Clines, narrated by Jay Snyder/Khristine Hvam [Superheroes vs. zombies]

Hater, by David Moody, narrated by Garard Doyle [zombie like beserkers’ side of the story]

One Second After, by William R., Forstchen [unfortunately, a very realistic EMP story]

Patriots, by James Wesley Rawles, narrated by Dick Hill [Economic collapse, praise Jesus and pass the ammo]

Plague of the Dead (Series), by Z.A. Recht, narrated by Oliver Wyman [Romping post apocalyptic trek across a world filled with zombies, lots of good voices and accents, plenty of humor]

The Postman, by David Brin, narrated by David LeDoux [Not your Kevin Costner’s postman. Costner should apologize to Brin.]

Reminiscences of a Stock Operator, by Edwin Lefevre, narrated by Rick Rohan [Yeah, I had to include this, if only because the narrator is so good, the hidden wisdom of the book is reborn. I can’t say enough about Rick Rohan.]

Salem’s Lot, by Stephen King, narrated by Ron McLarty [Good ole fashioned Count Dracula story, if Dracula went to a small town in Maine that is…]

Oryx and Crake, by Margaret Atwood, narrated by Campbell Scott [Last man alive]

The Wheel of Time Series, by Robert Jordan, narrated by Michael Kramer and Kate Reading [Fantasy. 14 books, Robert Jordan, the granddaddy of fantasy books, 25 years in the making, nuff said]

The Game of Thrones Series, by George R.R. Martin, narrated by Roy Dotrice [The word genius is thrown around a lot, but not by me. I predict that George Martin will unseat every other fantasy writer as the preeminent author of the genre (Tolkien doesn’t count, he’s in a separate class). He is extremely knowledgeable about so many different topics (warfare, weapons, medieval history, castles, money, language, religions, and most of all, ruthless politics and human nature) that it’s amazing one person could put this series of books together. He’s also very, very witty.

The Road, by Cormac McCarthy, narrated by Tom Stechschulte. [Years after an apocalypse torches the Earth, a father and his young son take to the road south through a world that has run out of food, fuel, and ammo, but not cannibals. Deliciously dark, suicide watch stuff]

The Hobbit, by J.R.R. Tolken, narrated by Ray Innis [If you didn’t hang yourself after The Road, this will brighten up your spirits. Lots of humor]

The Lord of the Rings, by J.R.R. Tolkien, narrated by Ray Inglis

I have an audible.com account. For something like $15 a month, I can pick virtually any book on tape, regardless of the price. Don’t buy books on iTunes, they will rip you off. Check out the library for free books, the audio section of most libraries are pretty good these days. When transfering DVDs into iTunes, make sure the tracks don’t get mixed up, some of them are pretty terrible and you’ll find tracks all over the place. In such cases, I make a playlist for the book. I am so satisfied with Audible, I haven’t even looked into streaming from Amazon.
Enjoy!

Brian

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Brian F. July 5, 2013 at 4:49 pm

Dear Rob and Jason, IMO, we are overdue for a precious metals podcast dealing with the dangers of trading thinking something has to happen based on fundamentals, economics, and history. The developments over the last year or so are a perfect illustration.

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Jim Deaux July 10, 2013 at 7:41 pm

Had I known how much Rob seems to like Julia Roberts, I would have taken him by her high school which is about 6 miles from my house. We actually came within 2 miles of the school when we went out to eat the night he was here.

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