In Episode 632 of The Traders Podcast, your host Rob Booker poses a number of interview questions for guest Scott Welsh to answer at his leisure. In this show, we ask what it means to “beat the market”? Better yet, how does one beat the market? For Scott Welsh, beating the market means creating a return that is consistently higher than if you just bought and held the S&P 500 Index.
Scott is also asked if he is a trend trader, a counter-trend trader or if making such a distinction is nonsensical. Scott talks about the biggest mistake that new traders make. And he also discusses trading goals. We talk about how long it takes for someone to learn to trade for a living when doing discretionary trading. And of course, Scott “The Coach” Welsh incorporates some parallel metaphors from his years of experience in the tennis world. Oh, and it wouldn’t be a Scott Welsh episode if we didn’t discuss a little robot trading, as well. Join us to hear more!
How to get in touch with Scott Welsh:
Website: scottwelsh.me – Sign up for the weekly newsletter!
YouTube: Scott Welsh Trading. Beat the market – Scott Welsh. New YouTube videos release every Thursday!
Scott’s favorite book: Zen and the Art of Motorcycle Maintenance
Be sure to visit RobTrends.comto learn about Rob’s brand-new indicator and trading system!