shonn campbell

Episode 480: Interview with Pro Trader Shonn Campbell

Hello Traders Podcast listeners! Welcome to Episode 480. This morning your host Rob Booker drops a line to Shonn Campbell, the super-successful pro-trader and author of Inventory Trading: How I Run My Trading Account Like a Retail Inventory Manager. Rob says this was the best book of 2014. If you are interested in a completely new trading philosophy, something that is much more long-term, then Shonn’s shoe store analogy just might be exactly what you are looking for! You’ll love today’s show!

Call and leave us a voicemail: (801) 382-8789

Links for this episode:

You can follow Shonn on Twitter @fx_operator

Check out Shonn’s book: Inventory Trading: How I Run My Trading Account Like a Retail Inventory Manager

Lastly, check out Shonn’s website here.

Rob Booker Live Videos Here Read More

Episode 332: Greatest Hits Trading Lessons Learned in Orlando

After returning from his live trading seminar in Orlando, Florida, your host Rob Booker reports on the lessons that he learned from attending this live seminar. Episode 332 is Rob’s collection and summary of the highlights from his presenters. He compares and contrasts each of his friends who also happen to be very successful traders. So, if you weren’t able to attend Rob’s seminar in Florida, this episode is a great review of what you missed. Thanks for listening.

The Traders Podcast is now on Soundcloud!

Links for this episode:

Rob and Jason’s new daily show! Rise and Shine Podcast

Call and leave us a voicemail: (801) 382-8789

Get our Traders Podcast App for iPhone

Get our Traders Podcast App for Android devices! Read More

Episode 313: “Inventory Trading” and “Losing 5 Figures in a Day”

Happy Monday! It’s The Traders Podcast. In Episode 313, your host Rob Booker talks about some trading books and blogs. First Rob talks about Shonn Campbell’s new book, Inventory Trading. Next Rob discusses his friend RJ’s blog post titled Losing 5 Figures in a Day. Both are highly recommended, so check them out. Rob also references Scott Welsh’s trading blog, which is another great resource.

Also, be sure to check out Rob’s “The Millionaire Trader Mindset.” (Registration is open for only 48 hours. Don’t miss it!)

The Traders Podcast is now on Soundcloud!

Links for this episode:

Rob and Jason’s new daily show! Rise and Shine Podcast

Call and leave us a voicemail: (801) 382-8789

Get our Traders Podcast App for iPhone

Get our Traders Podcast App for Android devices! Read More

Episode 285: Reduce Your Trade Size and Calm Down

Returning to a more typical and positive vibe, Episode 285 of The Traders Podcast features your host Rob Booker and Jason the producer talking about some of their favorite quotations. Rob relates these quotes to trading, naturally. Rob asserts that people generally do what they want to do, regardless of their reasons given.

Rob reads a quote from a forthcoming trading book by Shonn Campbell called FX Inventory, which encourages traders to be free from the burden of false precision. He cites another portion of the book that suggests that trading is about playing offense and defense at the same time. Rob also asserts that your ability to make money is directly proportional to your ability to calm the hell down. Rob says that dramatic people make the worst traders. And we conclude this episode with a voicemail from actor Morgan Freeman, who tries his hand at reciting The Traders Podcast intro! Thanks for listening.

Links from this episode:

Get our Traders Podcast App for iPhone

Get our Traders Podcast App for Android devices! Read More

Episode 217: How to Cut Off Losing Trades Quickly (and Other Quotations by Henry Ford)

Well, 2014 is already six days under way, and we’re grateful that you’re still listening to The Traders Podcast. In Episode 217, your host Rob Booker investigates the age-old question: How do I cut off my losing trades quickly? He talks about having a daily or weekly “watch list” and a standard, of sorts, for trading. Rob also talks about the benefits of making up your mind ahead of time (as opposed to having to make crucial decisions while in the heat of the moment). Also, Rob highly recommends our friend and frequent guest Shonn Campbell’s new Kindle book, The Death of My Friend, “The Trader.”

Other links for this episode: Read More

Episode 211: Conquering the Need to Conquer the World

In Episode 211, your favorite armchair philosopher and podcast host Rob Booker describes the unseemly text message chain that’s been created over the past 8 months through his correspondence with fellow traders Shonn Campbell and Matt LaCoco. The subject of this episode was sparked when Shonn sent a page from a book he’s reading, and Rob shares this excerpt about some naked wise men sitting in the path of Alexander the Great. This little anecdote leads to some musing about ambition. Rob tells us the truth about ambition — what it is, and what it isn’t; when it’s useful and when it’s useless. So, listen to Episode 211 and get ready to philosophize with The Traders Podcast.

Links for this episode:

TFL365.com

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast Read More

Episode 207: As Soon as I Open a Trade, I Become an Idiot

We hope you had a nice Thanksgiving. For Episode 207, your host Rob Booker spends more time exploring the subject of “process,” an approach to trading discussed in Episode 202, where goals don’t really matter; all that matters is having a process. Also in this episode, you’ll hear about how Shonn Campbell directed Rob’s attention to an article in the Wall Street Journal by Scott Adams titled Secret of Success: Failure by Scott Adams. Rob uses this article and his memory of a breakfast he had with Shonn Campbell, Matt LaCoco and Bradley Fried in April 2013, to ultimately talk about spending less time trading while making more money, struggling less — and winning more. Don’t miss it!

Links for this episode:

Secret of Success: Failure by Scott Adams Read More

Episode 196: The Magical Potion of Probability and Why Trading Is Gambling

Returning again after their Cigar Shop debut in Episode 179, Shonn Campbell and Matt LaCoco host The Traders Podcast again to talk about the magical potion of probability and to what extent trading is, in fact, gambling. Matt and Shonn discuss how traders are just in denial about being gamblers, asserting that traders aren’t much different from professional poker players or card counters who use statistics to make their money. Shonn and Matt suggest that trading is merely card counting — with candles! They also talk about “the gut feeling” and how it’s essentially the intuition of probability.

So, in Episode 196, the Cigar Shop guys will answer the questions: Is there a way to count cards in trading? And is there a way to gamble for a living? You definitely don’t want to miss this one! Thanks for listening to The Traders Podcast.

Links for this episode:

Follow Matt on Twitter: @MattLaCoco

Follow Shonn on Twitter: @PlateauTrader Read More

Episode 180: Brokers, Bankruptcy and Matt LaCoco

Episode 180 is another listener mail bag show, where your host Rob Booker begins by asking the producer, Jason Pyles, about his five other podcasts (links and descriptions can be found below). Then we dive into the mail bag:

Pablo writes to ask about brokers and bankruptcy. Nate thinks Matt LaCoco, Shonn Campbell and a number of other Rob Booker cohorts should have their own podcasts! James wrote in to request more Matt LaCoco, which leads into a discussion of sports drink flavors, which leads into a discussion about Fly Boarding. Peter writes to ask how to listen to The Traders Podcast on his iPhone. James sent in a comment about Jesse Livermore. Daljit had a question for Rob about his own personal trading. And Alan asks about “Booker reversal tabs.” All of this — and so much more trading-related commentary — in Episode 180 of The Traders Podcast.

Links for this episode:

Trading View.com

Matt LaCoco’s blog

Follow Matt on Twitter: @MattLaCoco

John Verbrugge’s Trader Tech Talk Podcast

Jason says watch: Fly Boarding

Jason’s Other Podcasting Ventures:

Movie Stream Cast — a 15-minute, weekly podcast where Jason and a friend review one movie that’s currently streaming on Netflix Watch Instantly

The Donut Show — a weekly podcast where Jason and two very different co-hosts talk about pop culture and, of course, donuts… Read More

Episode 179: A Conversation From The Cigar Shop With Matt LaCoco and Shonn Campbell

In Episode 179, we bring you a little treat that’s a change of pace… Your host Rob Booker loves to hear what our fellow trading friends are thinking about — especially when those friends are Matt LaCoco and Shonn Campbell. Naturally, Rob sent them a digital audio recorder to capture their conversations about trading. … Naturally.

So, what you’re about to hear is a 20-minute excerpt of what was originally a 70-minute conversation between Shonn and Matt as they hang out at The Cigar Shop. This episode is a lot of fun, but it takes a little bit of concentration to listen to because there’s a great deal of ambient noise in the background, including a fountain and other people’s voices. But we sometimes like to capture the raw conversations that traders have “out in the field.”

Matt and Shonn discuss a number of topics, including the pitfalls of Read More