trading competitions

Episode 237: Why Traders Are Seduced by “The Worst Trading Strategy in the World”

Episode 237 begins with an idea… Jason the producer suggests some sort of prize give-away for those who call The Traders Podcast and leave us a voice mail at (801) 382-8789 with some sort of short, trading-related story. Next we read a question from fxoutlier, who asks about the status of Duane the Meticulous Trader. Then we read a comment from Nate, who asked about, what Rob calls, “The Worst Trading Strategy in the World.” And Rob also explains why traders are so easily drawn to such a strategy. Next we read a comment from our friend, Scott, about maintaining confidence even while at a loss. Then we get an e-mail from Kaine who’s sick of being told about being a losing trader. Then we read a comment from Anthony, who has an idea for the next Traders Expo. Then we hear from Cole, who talks about his long-term trading strategy. We think you’ll enjoy this episode. Call and leave us a voice mail! Thanks for listening!

Check out Rob’s video about his Trifecta Trading System for day trading

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Episode 202: The 10-Week Year, Trading Competitions and the Process Approach to Trading

About a month and a half before we reach New Year’s and a time of resolution-making, your host Rob Booker explains how he has moved from the Gregorian calendar to using a 10-week year. So, Rob details his relatively newfound schedule and how it works.

Next we dip into the mailbag and read a hilarious comment from James. Then Anthony from South Africa wrote to ask about trading competitions and whether their winners’ incredible results are legitimately possible. This leads to an intriguing discussion of the reality of making huge profits and how consistently it can be done.

And finally, Rob wraps up this episode by talking about implementing a process — and committing to that process — instead of solely striving for a specific end result. This discussion will become the first part of a three-part series that spans over Episodes 202 through 204 of The Traders Podcast. Don’t miss it! Read More