Natalie Pyles

Ep 568: Are You a Professional Victim of Currency Trading?

In Episode 568 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles talk about fear and how bad experiences with trading can haunt you and tend to affect your perception of yourself and your ability to trade successfully.

Jason cites singer-songwriter Glen Phillips who sings about this victim-mentality rut in his song, “Professional Victim.” Technically, the possibility of success always exists, so it’s never completely impossible to make money. Unfortunately, sometimes we convince ourselves of the defeatist C-3PO perspective that “we seem to be made to suffer” and that being an unprofitable trader is just “our lot in life.”

Join us for Episode 568, so Rob can explain how to break out of the victim cycle of abuse from the currency markets. Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and leave us a review!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 567: Uncomfortable Parallels Between Traders and Serial Killers

Halloween might be around the corner, sure, but of course, serial killers are no laughing matter. In Episode 567 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles don’t intend to make light of how much traders have in common with serial killers, but as you will hear in this episode, the similarities are uncomfortably numerous…

Serial killers can do unspeakable things and still feel totally “normal.” Much like traders, serial killers tend to live outside of typical societal norms (in some ways), and they do things that tend to separate them from others. And they are completely at peace with this fact. We trust that all our listeners are fine, upstanding contributors to your respective communities, but if you’d like to hear more out of morbid curiosity, listen to Episode 567!

Thanks for joining us for The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes so you don’t miss any new episodes!

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 566: Predictions About Bitcoin

Most people go through life making the same mistakes at age 60 that they made at age 20. It’s astounding and even discouraging, but unfortunately, it’s true. And some people structure their lives so they can succeed in one area while acting out internal conflicts in another area.

In Episode 565 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles explore the pitfall of self-destruction and how many traders get caught in this downward spiral. Rob says that 75 percent of experienced traders are struggling with self-destructiveness. Join us to learn how to escape the self-destruction cycle!

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

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 565: The Pitfall of Self-Destruction

Most people go through life making the same mistakes at age 60 that they made at age 20. It’s astounding and even discouraging, but unfortunately, it’s true. And some people structure their lives so they can succeed in one area while acting out internal conflicts in another area.

In Episode 565 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles explore the pitfall of self-destruction and how many traders get caught in this downward spiral. Rob says that 75 percent of experienced traders are struggling with self-destructiveness. Join us to learn how to escape the self-destruction cycle!

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

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 564: Look for Roller Coasters in Love or Anywhere Else But Not Trading

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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Ep 563: The Goal Is Not to Make Money; the Goal Is to Manage Risk

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

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

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

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?

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
Read More