The Traders Podcast with Rob Booker

Welcome to The Traders Podcast Episode 456! Today your host Rob Booker addresses a listener text question from Luis who has had 2 very hard days trading. Rob explains how something like this can happen. There is only one rule: Don’t loose a lot of money. Trading is not a horse race; it is not one time around the track, and trading is not a get-rich-quick kind of thing. Trading is a marathon. Listen in to learn how to navigate the waves. You’ll love today’s show!

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Aaron Fifield interviews: Michael Melissinos

When the market went down in ’08 this weeks guest, Michael Melissinos was right there, in the thick of it. He was an analyst on the trading desk at Bear Stearns, and then later at JP Morgan after they were bought out.

Since then, Michael’s left his Wall Street days behind him, and now trades a fund of his own, using a systematic trend following approach, that operates on 40 global futures markets.

Although I missed a large chunk of the story there, you’ll hear how Michael got to this stage of his career during the interview. And a few of the lessons that shaped him into the trader he is today, including the advice he received from Market Wizard, Ed Seykota.

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Aaron Fifield interviews: Chris Sayce

This weeks guest is an equities trader from Southampton, UK – Chris Sayce.

Chris’s journey to becoming a trader kicked off roughly 7 years ago, after his interest in markets was peaked from reading through a book about stocks.

While these days Chris has found his edge, he did spin his wheels for several years to begin with, and also managed to run several accounts into the ground. During this time, one of the greater turning points came when Chris found another trader who was willing to pass down his experience, and offer him some much needed guidance.

And as we all understand, to have a mentor on your side is extremely valuable, so I asked Chris a number of questions around this subject which you may find helpful.

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Aaron Fifield interviews: Dan Shaprio

I’ve received many requests for this weeks guest, in recent months. Maybe it’s because he’s a straight shooter who doesn’t mix his words, or maybe it’s because he’s bounced back from harsh failures, to become an exceptional trader.

Whatever the reason may be, I know for certain, you’re going to appreciate the raw honesty and insight of this weeks guest – Dan Shapiro.

Coming up from humble beginnings, Dan called on the neighborhood loan shark to fund his first trading account, which got him through the door to one of the largest prop firms at the time. This is where he rubbed shoulders with many phenomenal traders, who helped shape him into the trader he is today.

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Aaron Fifield interviews: Luke Cummings

This week I spoke with Luke Cummings, an Australian equities trader with 14 plus years of experience on his side.

After making a last minute decision that journalism wasn’t a good fit, Luke went into a finance degree which lead him to become a stockbroker, which then lead him to become a trader.

Now days Luke remains an active trader, and operates a hedge fund based in Sydney, as well as running The Long And Short Of It – a model portfolio service and trading blog.

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