Ep 628: The Option Pit in Chicago

by Natalie Pyles on June 19, 2018

 

In Episode 628 of The Traders Podcast, your host Rob Booker travels to the Windy City and catches up with Mark Sebastian from Cboe Global Markets. Rob and Mark discuss the concept of creating a competition for oneself. They also talk about explaining a trading system to another person by writing out the rules and principles. And, of course, this leads to a discussion of about the nature of rules and how they tend to be a way of pointing at what you think might happen. Join us for Episode 628 to hear more!

And if you would like to learn more about cryptocurrency markets, you can receive 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: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

Ep 627: Should Traders Follow the Rules or Not?

by Natalie Pyles on June 14, 2018

 

Welcome to a special edition of The Traders Podcast. Here in Episode 627, your usual host Rob Booker is traveling, so Jason the producer welcomes back guest host “The Coach” Scott Welsh! Scott asks a very simple question: Should traders follow the rules or not?

To tease out this mystery, Scott recounts his firsthand experience with a tennis student who followed all his coaching rules perfectly — to the letter. Scott talks about the great success this student found while following the structure that he put in place for her. Jason and Scott also discuss how some people actually ask for strict rules and why those people often do better!

But we also examine the downside to rules: What happens when the rule-maker disappears? What if the rule-follower no longer has problem-solving skills? Scott also spends some time talking about the concept of guidelines, an inevitably, he delivers a verdict on his initial question! But you’ll need to listen to find out more! Join us!

If you would like to learn more about cryptocurrency markets, you can receive 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: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

Ep 626: Absence Makes the Heart Grow Fonder

by Natalie Pyles on June 12, 2018

 

There are a number of expressions that can easily be applied to currency trading. For instance, the idea of “beginner’s luck” or not being able to “see the forest for the trees.” Many of these notions seem to hold true, including the suggestion that “absence makes the heart grow fonder.” Obviously, that expression speaks to human relationships, but any trader can attest that he or she has a relationship with trading, as well.

In Episode 626 of The Traders Podcast, your host Rob Booker and the producer Jason Pyles talk about reinvigorating your creativity through taking a breather and then giving your trading a fresh start. Perhaps it’s time to explore a new platform, just for kicks. Maybe even take a look at a brand-new trading instrument. The idea is to stop the stagnation and break out of your daily rut. If you take a break from the market for a week, then when you return, note whether you see things differently! Try it out and let us know how it goes. Thanks for listening!

Oh, and if you would like to learn more about the cryptocurrency markets, you can get Rob’s free book by visiting RobCoin.com to get Rob’s free book! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

 

In Episode 625 of The Traders Podcast, your host Rob Booker might not sound like himself, but rest assured, it’s the real Rob!

During this unusual show, Rob draws parallels between the versatility of character actors and the necessity of having similar versatility as a currency trader. Rob suggests that traders should consider being versatile in a few financial instruments while developing a certain degree of proficiency in trading them.

In short, we’re talking about that sweet-spot where versatility and proficiency intersect in trading. Rob also tells us what his three favorite picks are (plus an honorable mention). Join us to hear more!

And by the way, if you haven’t done it yet, visit RobCoin.com to get Rob’s free book about the cryptocurrency market! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

Ep 624: Coming Back From a Terrible Decision

by Natalie Pyles on June 5, 2018

 

Welcome to The Traders Podcast, Episode 624! Today your host Rob Booker and producer Jason Pyles dissect a trading mishap that Rob had recently. He took some trades with the NZD/USD and the NZD/CAD. You might think that after 19 years of trading, Rob would tend to “follow the rules,” but sometimes he likes to improvise a little, while primarily sticking to his usual guidelines.

Occasionally, you may even want to venture into a trade that breaks your rules, so you can learn from managing that experience. You can cut it off immediately, sure. But, there are significant lessons that can be gleaned having an open position that goes the wrong way. Join us to hear more!

If you would like to learn more about the cryptocurrency market, you’re welcome to visit RobCoin.com to get Rob’s free book! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

Ep 623: How Trading Relates to Storytelling

by Natalie Pyles on May 31, 2018

 

During Episode 623 of The Traders Podcast, your host Rob Booker and the producer Jason Pyles discuss how trading relates to storytelling! Naturally, to kick off this conversation, Rob and Jason talk about “Solo: A Star Wars Story,” spoiler-free. To the matter at hand: Does currency trading follow just one act, or does it tend to follow more of a conventional, three-act structure? We explore this and how trading is a “perishable predicament.” Join us to hear more!

If you would like to learn more about the cryptocurrency market, you’re welcome to visit RobCoin.com to get Rob’s free book! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

 

Welcome to The Traders Podcast, Episode 622. During this show, your hosts Rob Booker and Jason Pyles muse about what Rob would do differently if he began trading today with his current knowledge of the markets.

To explore this topic a little more in-depth, Rob draws parallels with inventory trading, government regulations and drugs. Intrigued? That was our plan… Listen to learn more!

And to learn more about the cryptocurrency market, visit
RobCoin.com to get Rob’s free book! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
[click to continue…]

{ 1 comment }

Ep 621: How to (Really) Trade for a Living From Home

by Natalie Pyles on May 24, 2018

 

In Episode 621 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles revisit the age-old question of how one successfully trades for a living from home. Rob gives us the answer in three principles. Some of the advice in this episode will probably sound familiar to you. We talk about fully committing when you make the leap to trading.

We also discuss how all successful trading can be reduced to making money and then stopping. Make $1 and then stop. Rob also counsels traders to stop focusing on things that don’t matter. And Jason throws in his 2 cents by recommending that traders revisit the film “The Karate Kid” (1984). Join us to learn more!

And as always, if you would like to learn about the cryptocurrency market, you can receive 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: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

 

Episode 611

In Episode 620 of The Traders Podcast, Rob and Jason receive a funny, double-edged comment from Nick, a martial arts instructor, who makes fun of Rob’s glasses. Nick talks about breaking boards as a martial arts demonstration. Nick says you should not focus on the board itself; he says you should focus beyond the board. Naturally, Rob and Jason examine this metaphor and its applications to trading. We also talk about conjuring the motivation to change and be better. Join us!

Remember, if you want to learn more about the cryptocurrency market, 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: https://youtube.com/robbooker
[click to continue…]

{ 0 comments }

 

In Episode 619 of The Traders Podcast, your hosts Rob Booker and Jason Pyles talk about the balance between learning more about the art and science of currency trading and not learning enough. There’s a classic debate in the world of trading about teachers: Is it better to learn from a teacher who is trading or from a teacher who is taking a break from trading? Join us to hear our take on this question and more!

And if you’ve been meaning to learn more about the cryptocurrency market, you can get Rob’s free book at RobCoin.com.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://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

{ 0 comments }