In the previous episode of The Traders Podcast, your hosts Rob Booker and Jason Pyles used the new movie, “Avengers: Infinity War,” to begin drawing parallels with principles of currency trading.

In this show, Rob and Jason continue that discussion and explore it more in-depth by examining the themes of the film and what they can teach us about trading. Warning: This episode contains major plot spoilers for “Avengers: Infinity War.” We hope you will see the movie and then join us!

And by the way, if you’re interested in learning more about the cryptocurrency market, you can get Rob’s free book at RobCoin.com.

Check out Jason’s movie podcast review of Avengers: Infinity War

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In Episode 616 of The Traders Podcast, your host Rob Booker and the producer Jason Pyles use the new Marvel blockbuster movie, “Avengers: Infinity War,” to draw some parallels to principles in trading. We don’t venture into major plot spoilers, and seeing the movie isn’t required for understanding this episode; however, in our next Part 2 of this theme, we would encourage everyone to see the movie because we will be delving into major spoilers for Episode 617, in order to make more in-depth trading comparisons. Traders assemble!

If you would like to learn more about the cryptocurrency market, you can get Rob’s free book at RobCoin.com.

Check out Jason’s movie podcast review of Avengers: Infinity War

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Welcome to The Traders Podcast, Episode 615! For today’s show, your usual host, Rob Booker, is traveling and having adventures, so Jason the producer invited “The Coach” Scott Welsh to guest host once again! You can find Scott online at: Scottwelsh.me

In Episode 615, Scott discusses how “dirty jobs,” or unpleasant jobs that nobody wants, are inherently insulated from the whims of the economy. They also tend to be lucrative! These are jobs that are always needed and always seem to have openings. Scott likens these types of unsavory professions to the nature of a perfect trading strategy: It’s not sexy or glamorous, but it’s profitable in the long-term. Scott asks us to think about what’s possible for our own trading careers if we’re willing “to get dirty” and do what others won’t! Join us to hear more!

If you would like to learn more about the cryptocurrency market, you can get Rob’s free book at RobCoin.com. [click to continue…]

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Ep 614: The Danger With Thinking You’ve Arrived

by Natalie Pyles on May 1, 2018

 

In Episode 614 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss the danger of thinking that you’ve arrived. We’ve all heard the stories or have seen movies that depict this phenomenon: The struggling artist creates from lowly means but is passionate and happy, nonetheless. Then the artist attains wealth and great success and becomes miserable and discontent.

There’s something important about remaining “hungry” and aggressive. Rob tells a true story where he witnessed this phenomenon with a hedge fund. If you start having trouble with your trading, try returning to your roots. Strip your trading back down to the very basics, just the essentials. Get rid of all the superfluous trappings and excess and restrict yourself from unnecessary information. Listen to learn more!

Also if you’ve been eager to learn more about the mysteries of the cryptocurrency market, you can get some more insight from Rob’s free book at RobCoin.com. [click to continue…]

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Ep 613: Things I Keep Saying (That No One Hears)

by Natalie Pyles on April 26, 2018

 

You may have heard many lucrative, CEO types say things like, “We overestimate what we can accomplish in a month and underestimate what we can accomplish in seven years.” Bill Gates said 10 years, but Jeff Bezos and Amazon have a seven-year time horizon. Either way, the principle is the same: These wealthy individuals are willing to wait several years for an idea to really start making money.

In Episode 613 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss things that Rob keeps saying that no one ever seems to hear. For instance, from our previous episode, “taking small gains and compounding them over time” is one of those things, and it sounds similar to the Bezos / Gates approach mentioned above.

During this episode, we also talk about being too consumed with our problem rather than being consumed with our goals. We also discuss the distraction of caring too much about what other people think. Just remember: Trading is a marathon, not a sprint. Join us to learn more!

And if you should ever be interested in learning more about the wild world of the cryptocurrency market, then you can gain some great insights from Rob’s free book at RobCoin.com.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 612: Killing the Goose That Lays the Golden Eggs

by Natalie Pyles on April 24, 2018

 

A recurring theme on The Traders Podcast is the long-view, sure-bet principles of minimizing your losses to small amounts and taking small gains and compounding them over time. This is the way to profitability in currency trading. Though it’s not very sexy or exciting, this method is analogous to “the goose that laid the golden eggs” from Aesop’s Fables. A trader can set aside one golden egg each day, or a trader can choose to become impatient, kill the goose, and lose everything.

In Episode 612 of The Traders Podcast, your hosts Rob Booker and Jason the producer talk about finding an approach to trading that’s easy for you to do successfully, regardless of how profitable it is, and then sticking with it for the long haul. Many traders tend to get bored easily, so they will wander away from something that’s actually working, just because it seems too simple. We hope you will give this episode a listen. We believe it will help! Join us!

By the way, if you’ve been morbidly curious about the mysterious cryptocurrency market, you can learn more from Rob’s free book! Receive it by visiting RobCoin.com. Thanks for listening.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 611: The Secret Weapon of Order

by Natalie Pyles on April 19, 2018

 

Episode 611Today’s lesson for The Traders Podcast, Episode 611, is both figurative and literal. First, your host Rob Booker lays the groundwork by talking about cleaning up your workspace to ensure that it’s tidy and organized. Will an empty desk with no clutter help you trade better? We believe it will.

Once you have cleared out your workspace and have thrown away the clutter and anything else that isn’t working, you can take the same action toward your trading account.

Rob is working on a new trading experiment along these lines. He’s running a robot in a $127,000 trading account. He has cleared the clutter and has thrown away anything that isn’t working. He closes his losses. Don’t hang onto something because you believe it might come in handy or you will use it later. Just let it go. Join us to learn more!

If you have any degree of interest in the cryptocurrency market, visit RobCoin.com to receive Rob’s free book! Thanks for listening to The Traders Podcast.

Thanks for joining us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 610: State of the Market Address

by Natalie Pyles on April 17, 2018

Whether we choose to monitor it or not, the markets are often influenced by the newsworthy developments of the day. Some currency traders watch the news and keep up with politics and geopolitical current events to help them predict direction and volatility in the market. Other traders feel that concerning themselves with “all that noise” can just be a distraction.

Either way, occasionally on The Traders Podcast your host Rob Booker will devote an episode to discussing current events and how they are influencing the market. Regardless of your politics, you’re welcome here! As Rob and the producer Jason discuss the current administration, we won’t take any stances one way or the other.

Instead, Rob’s objective in Episode 610 is to examine what’s happening with President Trump and how our current administration is affecting the stock market. Financial markets are adversely affected by political uncertainty, and there are many developments afoot that are influencing our trading. We hope you will listen to learn more!

Also in this episode, Rob reflects back on a prediction he made years ago on this podcast. He said Facebook stock would reach $100 a share and predicted that you — the Facebook user — would become “The Product.” You can hear more and revisit these predictions in the episodes linked below:

Episode 48: The Problem With Facebook

Episode 49: Fair Value, Facebook and the Euro-Swiss

If you have any degree of interest in the cryptocurrency market, visit RobCoin.com to receive Rob’s free book! Thanks for listening to The Traders Podcast.

Thanks for joining us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 609: Did Curiosity Kill the Cat?

by Natalie Pyles on April 13, 2018

 

Welcome to The Traders Podcast, Episode 609! Today your host Rob Booker and the producer Jason Pyles discuss the age-old expression, “curiosity killed the cat,” and explore how curiosity can help and hurt you as a trader. At first blush, one might agree with the adage because curiosity can certainly get you into trouble. On the other hand, because cats seem to have nine lives, they tend to do all right. When it comes to trading, though, we have to look more closely.

Traders are excited by new indicators, robots and the hope of finding some new way to become a profitable currency trader. This curiosity is always about making more money, but this is the kind of curiosity that can potentially get you in trouble. However, if you’re searching for a way to reduce your drawdown or reduce your losses, your curiosity surrounding that topic is on point! Rob wants to see more of this kind of curiosity!

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

If you have any degree of interest in the cryptocurrency market, visit RobCoin.com to receive Rob’s free book! Thanks for listening to The Traders Podcast.

Thanks for joining us!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 608: The Real Purpose for Simulated Trading

by Natalie Pyles on April 11, 2018

 

Following up on the simulation conversation from the previous episode, your hosts Rob Booker and the producer Jason Pyles bring you Episode 608 of The Traders Podcast. For this show, we apply our previous musing about simulations to trading.

We talk about backtesting and the misconception that simulated trading isn’t for discovering whether a system is good; simulated trading is for deciding whether you’re good. In other words, are you going to make the right kinds of decisions to be a profitable trader. Join us to learn more!

If you have any degree of interest in the cryptocurrency market, visit RobCoin.com to receive 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
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