Ep 595: Four Steps to Currency Trading – Step 2: Don’t Lose Money

Some of the most valuable advice is often the simplest. Occam’s razor, right? The best choice also happens to be the simplest.

Much like the Old Testament story of Naaman, the Syrian, who sought to be healed of leprosy through the prophet Elisha. When Elisha instructed Naaman to wash in the Jordan River seven times to be healed, Naaman initially refused. Naaman’s servant asked, “If the prophet had bid thee do some great thing, wouldest though not have done it?” Then Naaman humbled himself, washed seven times and was healed. (2 Kings 5)

Traders are often very similar to Naaman in this story, afflicted by the leprosy of loss. When they are given plain counsel such as, “Don’t lose money,” they think it’s too straight-forward, too obvious, and they dismiss it. What percentage of traders who have been listening to this series of episodes has been following every step Rob Booker has prescribed thus far? Join us in Episode 595 of The Traders Podcast to hear Step 2 of Rob’s Four Steps to Currency Trading: Don’t Lose Money!

If you have interest in learning about cryptocurrencies, visit to check out Rob’s new book, “The Complete Guide to Day Trading Cryptocurrency.” Thanks for listening!

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Episode 476: Traders’ Boot Camp and Discipline University, Part 2

Good morning and welcome to November! It’s Monday and today is Episode 476 of The Traders Podcast. Rob is here with Jason Pyles. Thank you to all of the listeners who have texted or reached out to us in some way to let us you know want Jason back! OK, today Rob reads a great message from Ziv. Thanks Ziv! Most of the real change in our lives comes from small, steady changes. If you want change to stick, you have to study Mr. Miyagi-style. Rob shares a fascinating story about John Mayer that illustrates that developing discipline is the heart of the matter. You’ll love today’s show!

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