confidence

Episode 340: When Checking Other Time Frames Makes You Doubt Yourself

Happy Monday! Welcome to Episode 340 of The Traders Podcast. In this show, your host Rob Booker answers a great question he received from a trader named Kimchi, who asks about the challenge of managing trades in longer time-frame charts when shorter time-frame charts shake your confidence. To answer this query, Rob elaborates with a three-option solution. Pick one! Thanks for listening.

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Episode 318: How to Know “When You’ve Arrived” as a Trader

Happy Christmas Eve from The Traders Podcast! Your host Rob Booker and Jason the Producer welcome special guest Scott Welsh — The Coach! First, we listen to a voicemail from our friend, Yves, in Spain! Next we hear a brief audio excerpt from an interview that Rob recently had with Eddie Z of EZ Trading Computers, pertaining to how a trader knows when he or she has arrived as a trader. This leads to a discussion about the crucial role of confidence and much more! Pour some egg nog and 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 201: On Being Hyper-Rational

We’re pleased to bring you another provocative solocast by your host, Rob Booker. In Episode 201, Rob explains how the worst traders have the worst kind of confidence. He shares a scary scenario from 12 years ago, and he poses the questions: Is day trading a total scam? Does it ruin lives? Rob tackles these questions and then carefully describes how we first ruin ourselves, then we ruin our trading accounts.

Next Rob talks about how trading is like religion, and he talks about the sorrow that comes from believing that trading is The Answer. Rob runs with this metaphor and discusses leaving the religion of trading and explains that trading is not The Answer, but something else… And finally, Rob encourages traders to become more rational — even hyper-rational.

If you’ve been feeling like you need to reflect on yourself as a trader, then this episode is definitely for you. Thanks for listening to The Traders Podcast. Read More