live trading

Episode 122: There’ll Be Time Enough for Countin’ When the Dealing’s Done

Here is another action-packed episode of The Traders Podcast that amounts to a hodgepodge of ideas and information about trading, with a central theme surrounding live trading on the short-term charts. Your host Rob Booker begins by addressing an e-mail from Scott, who responds to our Conflict Avoidance Episode 119. This leads to more conversation about job interview techniques and an outrageous story about Rob’s criminal law instructor — Professor Diamond. Rob also discusses how becoming preoccupied and distracted by thoughts of money, instead of the matter at hand can be very detrimental to your trading career.

The second half of this show gives you a rare look into Rob’s personal trading approach and struggles. Jason interviews Rob about his own trading, which leads to discussions about knowing when you’re finished trading for the day and the importance of being able to remain consistent in your trading. Oh, and Rob also tells a story from his old, baseball glory days when he played second base. Don’t miss it!

Links for this episode:

The Hopper Read More

Episode 71: A Bridge Between Demo Trading and Live Trading

For this continuation from our previous episode, when Rob Booker critiqued Matthew Carstens’s article, 3 Reasons Why Demo Trading Is Killing You, The Traders Podcast invited Matthew (the founder of Rogue Red and the creator of TradingWheels) to appear as our guest, and he courageously agreed.

Rob discusses the war between demo trading and live trading, suggesting that this controversy continues at every expo, conference, webinar and online forum, where demo traders are criticized because of the lack of emotion in demo trading, while live traders are criticized for trading with real money before they’re ready!

So, in Episode 71, Matthew talks about a bridge that can bring those two sides together. Is there a way to do both? Is there an answer to this dilemma? Matthew Carstens thinks so… Tune in and found out why!

UPDATE FOR THIS EPISODE: Matthew wrote to let us know that his product is now live and has launched with GAIN Capital. Congrats, Matthew. Thanks for letting us know.

Links for this episode:

Article: 3 Reasons Why Demo Trading Is Killing You

Matthew Carstens’s links:
TradingWheels on Facebook

The Edge Trading Video Series