Episode 265: Murphy’s Law of Trading

by robbooker on June 23, 2014


In Episode 265 of The Traders Podcast, your host Rob Booker talks about some universal principles pertaining to Murphy’s Law and trading. To discuss this topic, Rob begins by reacting to a New York Times article about the discouraging state of Iraq and its military, now that three years have passed since the U.S. departure.

This leads Rob to talk about a poor trading decision he once made, even though he knew he shouldn’t go forward with said decision. And Rob discusses how we will often make poor choices even though we see the resultant bad moon rising. So, Rob brings it home by giving some suggestions of how traders can combat the tendency to do things that are against their own best interest. Don’t miss it! Thanks for listening.

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