The Traders Podcast by Rob Booker

In Episode 249, your host Rob Booker wraps up his three-part “You Can’t Do This” series. I think we all suspected there was going to be some kind of twist to these past couple of episodes, and it turns out — we were right. Rob talks about the prevalence of naysayers and the remarkable success rate of traders. Rob spends some time during this episode responding to blogger James Altucher, who has some dismal thoughts about the prospects of trading. Be sure to listen!

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By Rob Booker

A Zen saying is enough to answer your question: As soon as you find your teacher, leave your teacher. To elaborate: What makes you believe that you should be following anyone?

If you follow market sentiment, I assume you are a trend trader, and you are doing what everyone else does. When is the last time that someone got disgustingly rich from doing what everyone else is doing?

Trend trading, or market sentiment trading, assumes that if you can identify the trend, and find an entry with the trend, you will be safe because you will be following the crowd. And you can’t tell the market what to do, right? The market is bigger than you. The market will beat you to death, and then throw your body in the river. Then it will drain the river, find your body, and throw you off a mountain. That’s why people say, “You should only trend trade.”

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By Rachel Fox - FoxonStocks.com

The Digital Media War between Apple and Amazon – Apple TV versus Amazon Fire TV

I started looking at Amazon stock this morning because I caught a cool Morningstar article written by R. J. Hottovy, CFA, director with Morningstar about Amazon being one of “the most disruptive companies in the consumer space.”

Years ago, something ‘disruptive’ was offensive.

Not offended, but certainly curious, I started to read more about Amazon (AMZN), a stock that I have shorted a number of times and have done so with excellent results. I wanted to learn more about what Amazon is up to and if I want to trade it in the upcoming week.

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By Rob Booker - ForexMagnates.com

Here is what is ABSOLUTELY AMAZING about MT5. NOTHING.

If you missed the whole Metatrader 5 thing, let me get you up to speed:

No one, ever, in the history of forever, imagined that Metatrader 4 would be as popular as it is. But it did become the default platform for forex because it is customizable. A huge development community sprung up around it, like little bean farmers around Jack’s Giant Beanstalk.

MT5 was supposed to be the second coming of Metatrader. Here is what it was supposed to do better:

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