Rob Booker and special guest Jennifer Thornburg answer some “world-famous questions” — that are not necessarily the right questions — to ask on your pursuit to become a successful trader. This episode is designed to help you ask the right questions.
Here are some examples of the less important questions that Rob and Jennifer commonly hear, and discuss during this episode: Does it matter to know how often a trading system wins? How often am I going to win? How long until I have another win? How many trades does a particular system produce? Or, in other words, the two F’s: the frequency with which we win, and the frequency with which we trade… Does the system produce the results, or does the trader produce the results? Etc.
Jennifer also talks about the importance of knowing yourself as a trader and suggests that maintaining a detailed trading notebook can be an insightful tool when reflecting back on your previous trading activities and motivations. All of this valuable information and more can be heard in Episode 75, so please listen and subscribe!
Links from this episode:
Jennifer’s Web site: jennifer.bz
Jennifer on Twitter: @JenTho3
Book: The Money Game by Adam Smith