In this show Rob Booker talks with Scott Welsh, a professional trader and tennis pro who coaches peak-performance athletes. You’ll hear Rob and Scott address the question, “Who are the so-called ‘Big Boys’ on Wall Street, and how can the common trader compete with them?” Rob explains why there isn’t really a winner for every loser, and he discusses why a zero-sum game in trading is a ridiculous notion. Scott warns against letting anything external psych you out of your trading.
Rob and Scott also discuss questions relating to the magnitude of a trader’s wins, such as how does one know when one has a big enough win? Rob talks about those poor souls who don’t close-out their winning trades, and Scott describes his process for determining his winners.
All of this and more is free and valuable audio content brought to you by The Traders Podcast. Listen and subscribe!
Links from this episode:
Follow Scott on Twitter: @SWelsh66
Join Rob and Scott’s Sunday night Webinars: Rob Booker.com — Simply add your e-mail address, and you’ll get an invitation to attend the Sunday night Webinars with Rob and Scott.