Automated Trading

Episode 182: What Happens in Automated Trading — Stays in Automated Trading

Your host Rob Booker wasn’t able to record Episode 182, so Jason the producer gets to chat with “The Coach” — Scott Welsh, co-creator of the Bossilator course and a peak-performance instructor who resides in Columbus, Ohio. Scott and Jason begin by talking about Sin City — Las Vegas, Nevada — and why they’re so fond of it. This leads to a conversation about trading conferences in Vegas. And then Scott and Jason get around to the matter at hand: automated trading.

Jason asks Scott how he can make a living from a strategy that only produces 12 to 13 traders per year. Scott also talks about the challenge of resisting the temptation to interfere with your automated system, which leads to a discussion about discipline and trading psychology. Jason asks Scott who can benefit from automated trading, and they talk about finding an automated trading system (and a programmer) that’s right for you. Listen and subscribe!

Links for this episode:

If you’re interested in talking with Scott, you can e-mail him at ScotWelsh ( AT ) gmail.com

Scott on Twitter: @SWelsh66

We also recommend listening to this popular episode featuring Scott Welsh: Ep. 34: Peak Performance Athletics and Trading for a Living From Home Read More

Episode 171: Are Spikes in the FX Market Caused by Computer Algorithms?

During Episode 171, your host Rob Booker speaks with “The Coach” — Scott Welsh, co-creator of the Bossilator course and a peak-performance instructor who resides in Columbus, Ohio. Rob and Scott tackle an e-mail from an inquisitive and concerned listener who goes by “Space Pip” (on Twitter). Apparently, Space Pip has been hearing more and more lately that there are spikes in the FX market that have been caused by computer algorithms, so Rob and Scott address the veracity of this theory.

Of course, this leads to Rob’s vision of what would actually happen if computers took over the world. Along the way, Rob takes a stab at describing what a spike is and where spikes come from. And this e-mail leads Scott to worry a little about the presence of “the world is out to get me” mentality. Oh, and don’t miss Rob’s radical solutions for solving insider trading! All this and so much more in Episode 171 of The Traders Podcast.

Links for this episode:

If you’re interested in talking with Scott about his computer algorithms, you can e-mail him at ScotWelsh ( AT ) gmail.com

Scott on Twitter: @SWelsh66

Also find Scott Welsh here: bossilator.com

We also recommend listening to this popular episode featuring Scott Welsh: Ep. 34: Peak Performance Athletics and Trading for a Living From Home Read More

Episode 112: The Best-Kept Secret in Currency Trading

“Trading two systems doesn’t make you twice as rich.” — Chris Davison

In Episode 112, your host Rob Booker speaks with Chris Davison about the best-kept secret in the entire world of currency trading. Rob starts off with a very short series of True or False questions for Chris. Next they reflect on how terrible 2012 was for discretionary traders. Rob asks Chris how 2012 went for his automated trading systems, and they speculate on how successful Chris’s automated trading will (or won’t) be in 2013. Rob reveals what percentage of his trading capital is run by an automated trading system, and some of this episode is enhanced with Rob’s unusual trading metaphors involving hobbits and other fantastical beings.

Links for this episode:

The FX Test.com

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

E-mail us! Producer@TradersPodcast.com

Episode 3: Automated Trading, Part 3

Rob Booker and Chris Davison put the cap on the final 2 strategies for success in automated trading, with a rousing conversation about the dangers of trading with a robot (or doing anything else with a robot, for that matter). How can you carefully and wisely select a system that is right for you? How much should an automated trading system cost? The answers to these questions, and more, are answered in this episode.

Episode 2: Automated Trading, Part 2

Here Rob Booker and Chris Davison continue their conversation about automated, algorithmic trading. Does it work? In this continuation of their look into the inside world of running automated systems, Chris and Rob share three more of their 8 strategies for success with robotic trading.

Episode 1: Automated Trading, Part 1

Traders are faced with the temptation to automate their trading. Robots, machines, computers from the future — can they help you trade better? Does robotic trading improve your profitability? What are the dangers of handing over your trading to an algorithm? In this episode, Rob Booker and his trading partner, Chris Davison, talk about 8 strategies for successful automated trading and what to watch out for when buying a robotic trading system. Be prepared to laugh and look at automated trading with a skeptic’s point of view.