The Traders Podcast with Rob BookerWelcome to The Traders Podcast Episode 448. Today your host Rob Booker hits the nail right on the head when it comes to why anyone would be trying to trade this week. Rob answers a few listener text questions about the struggles of teaching friends to trade and what our relationship to the market should look like right now. Thanks for listening!
This week we’re taking it up a level…
I had the honor of interviewing the legendary Market Wizard, Tom Basso, president of former money management firm, TrendStat.
Tom started his working life as a chemical engineer, often discussing stocks and investing with colleagues. As he started to experiment with trading from a $2000 account, there was no beginners luck in sight. Tom consecutively lost money for the first few years before things started to turnaround.
With a series of events that followed, Tom went from trading his own money, to forming TrendStat and managing other peoples money. At the peak of his career, TrendStat managed $600million dollars of capital.
This weeks guest is Brian Shannon, who first and foremost is a professional trader, whose involvement with the market dates back well over 20 years.
He’s also the author of the highly regarded book, Technical Analysis Using Multiple Timeframes. And thirdly, Brian is the founder of AlphaTrends, an educational company focused on teaching traders how to navigate the market successfully.
For the most part Brian is a swing trader, with the occasional day trade in the mix. During the interview Brian discusses both approaches, and gives a few pointers that may help you to discover the right timeframe for your own trading.
The Traders Podcast with Rob BookerGood afternoon on this fine Monday! It’s a big day in the market obviously. Today Rob lets you know how to navigate this most-recent upheaval. Also, he gets just a little bit zany answering a trader question on how to respond to a friend who would like you to teach them to trade. You’ll love this episode! Thanks and have a great day!
Attracted by the fact that traders can make money in both rising and falling markets, this weeks guest Andrew Falde, left a career in commercial real estate when the GFC hit in ’08 to focus his attention on becoming a trader.
A few years on, Andrew has carved a profitable niche for himself; trading options and designing systems. Both topics which are covered in depth during this interview.
