matthew carstens

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:
About.Me
TradingWheels
TradingWheels on Facebook
@TradingWheels

The Edge Trading Video Series

Episode 70: Demo Trading Is Not Killing You

In this episode Rob Booker addresses a blog post on Forex Crunch.com written by Matthew Carstens, the founder of Rogue Red and the creator of TradingWheels. The article is titled 3 Reasons Why Demo Trading Is Killing You. Read it over if you get a chance, Traders, in preparation for this episode. Rob disagrees with the premise of Matthew’s article. He responds to each of Matthew’s 3 reasons with rebuttals, while including a few Olympian metaphors along the way.

So, don’t miss this episode, and in the meantime, we’ll try to line up a follow-up interview with Matthew Carstens himself for our next episode to give Matthew a chance to respond to Rob’s critiques of the article.

Links for this episode:

Article: 3 Reasons Why Demo Trading Is Killing You

Matthew Carstens’s links:
About.Me
TradingWheels
TradingWheels on Facebook
@TradingWheels

Forex Crunch.com

The Edge Trading Video Series