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We understand. We like excitement, too. But trust us when we tell you that your trading account is not the place to look for thrills. In Episode 564 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles warn that when your tried and true trading strategy becomes boring for you and you’re tempted to mix it up, remain steady and safe. Look for roller coasters and drama elsewhere in life, but not in trading.

Also in this episode we discuss our newly opened comments section. We hope you will get involved in our community! Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Sometimes the most valuable truths about trading are those we don’t want to hear … or accept. In Episode 563 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles talk about the importance of focusing on how to reduce your risk, not making money. If you manage your risk, the money will accrue over time. This is not very sexy news for those who want to “get rich quick” and become overnight successes, but those are the realities of trading.

Also in this episode, we receive a question from Dave in Columbus, Ohio, who asks about hedge funds and why so many have closed this year after being so profitable for so long. Dave wants to know why they aren’t profitable anymore. Join us, and we’ll discuss it!

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and leave us a review. Thank you!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 562: How the News Cycles Relate to Trading

by Natalie Pyles on October 5, 2017

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Do you use the news to make your trading decisions? Or perhaps you’ve been wondering if you should learn more about trading fundamentals in relation to economic news and news in general. In Episode 562 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss trading off the news cycles and how economic fears and hopes can influence the markets. Join us to learn more!

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 561: Setting Goals for Your Trading

by Natalie Pyles on October 3, 2017

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Peter Drucker once said we greatly overestimate what we can do in one year, but we greatly underestimate what is possible for us in five years. In Episode 561 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss trading goals, namely, what they could be versus what they should be. Often a trader’s goal-setting has to do with bottom-line numbers, as opposed to goals that help the trader develop characteristics over time to accomplish those goals. Join us to hear more!

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 560: Knowing How to React

by Natalie Pyles on September 28, 2017

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Author Ray Dalio is the founder and co-chairman of Bridgewater Associates, which has become the largest and best-performing hedge fund in the world. In Episode 560 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss Palio’s book, “Principles: Life and Work.”

Rob says what was most important in building his company wasn’t knowing the future; it was knowing how to react appropriately to the information available at the time. We traders often become obsessed with a desire to know the future and with being right. Join us for this episode, and let’s explore these principles together.

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 559: What if You Could Watch Live Trading in Real Time?

by Natalie Pyles on September 26, 2017

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Good morning and welcome Traders Podcast listeners. Imagine if there were a website where you could watch others trade in real time… Not like a webinar, but more like a live reality TV show. Well, in Episode 559 of The Traders Podcast, that’s exactly what Rob Booker and the producer Jason Pyles talk about, among other things. We’re happy you’re joining us!

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 558: The Strangest Trade I Ever Took

by Natalie Pyles on September 21, 2017

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Welcome back! In Episode 558 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles welcome back Scott Welsh once again to discuss the strangest things that ever happened to them in the world of trading. Rob tells a ghostly tale of a trading account he once managed that mysteriously opened trades on its own! And Scott tells a tale of his early days of robot trading when a storm thwarted his success.

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 557: What’s the Best Platform for New Traders?

by Natalie Pyles on September 19, 2017

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Rise and shine! Welcome to Episode 557 of The Traders Podcast! In this show, your usual hosts Rob Booker and the producer Jason Pyles welcome back special guest and fan-favorite Scott Welsh! As a world famous robot trader, Scott gives us an update on his successful journey in automated trading. And we also get a question from Tyler who asks for a recommendation on which trading platform he should use.

As always, thank you for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us!
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Ep 556: “The Goose”

by Natalie Pyles on September 14, 2017

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In Episode 556 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss how success often comes from setting a goal to do the right things consistently (as opposed to just setting a goal to accomplish some great thing).

Rob also talks about having a specific trick or “scheme” that is your job that you do consistently. And we discuss the approach of sticking to what you’re best at and exploring it further by looking deeper inside rather than branching out and experimenting with new and unfamiliar methods.

Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us! [click to continue…]

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Ep 555: When Trading Doesn’t Work Out the Way You Wanted

by Natalie Pyles on September 12, 2017

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Welcome back to The Traders Podcast, and welcome back to your host, Rob Booker, and The Producer, Jason Pyles! After a very long hiatus, we are back again here in Episode 555, where we address a trader regarding what to do when trading doesn’t work out the way you might have hoped.

Remember to leave a comment below in the show notes and you could win a $25 Amazon gift card! The Traders Podcast will now release new episodes every Tuesday and Thursday, so please make sure you’re subscribed and join us! [click to continue…]

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