Episode 307: Horses, Scalping and Other Western Motifs

In Episode 307 of The Traders Podcast, your host Rob Booker and Jason the producer read a comment from TraderSchizz, who has had some difficulty with trades immediately going the other way upon entering them (just as was discussed in Episode 305). Next we read an entertaining e-mail from Dave, whose words — or rather, Jason’s mispronunciation of his words — sparks a story by Rob about horses… It’s wild. And Rob also answers a question from Nathan in Canada, who asked about scalping. Join us! And thanks for listening!

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Episode 219: The Scalper’s Mentality and Long-Term Trading

In this episode of The Traders Podcast, your host Rob Booker responds to a tweet he received from someone who said he’d love to be a long-term trader, but his scalper mentality doesn’t work well with long-term trades. So, as one might expect, Rob launches into all the possible definitions of “scalping” and a little history on the word’s unpleasant origins. Then Rob explores scalping in the trading sense and examines a few reasons why this sort of scalping can be problematic (though, admittedly, not nearly as problematic as the brutal war-time practice). Nevertheless, Rob also briefly addresses what constitutes effective short-term trading and promises a future episode on this topic. Tune in and enjoy, and thanks for listening to The Traders Podcast.

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