The Traders Podcast by Rob Booker

Good morning and welcome to November! It’s Monday and today is Episode 476 of The Traders Podcast. Rob is here with Jason Pyles. Thank you to all of the listeners who have texted or reached out to us in some way to let us you know want Jason back! OK, today Rob reads a great message from Ziv. Thanks Ziv! Most of the real change in our lives comes from small, steady changes. If you want change to stick, you have to study Mr. Miyagi-style. Rob shares a fascinating story about John Mayer that illustrates that developing discipline is the heart of the matter. You’ll love today’s show!

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Published: 02 November 2015
Written by Editor
Podcast   opinion  

The Traders Podcast with Rob Booker

Good morning on this fine Wednesday traders podcast listeners. Rob is here today with Wes Walton. The two discuss how in the world they handle the massive volume of correspondence that comes in from traders seeking advice. They love hearing from you and they truly seek to help traders along their way. Years of mentoring traders in deep water and traders finding success alike, have taught them a few basics. We’ll say it again: reduce your trade size. If you can’t play the game when the stakes are low, then you don’t love the game, you love the stakes. Don’t think that you won’t make the mistake again. This time is no different. We hope this helps. Have a great day!

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Published: 28 October 2015
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Podcast   opinion  

The Trader Podcast with Rob Booker

Welcome to The Traders Podcast Episode 472! Rob is very excited today to share a question from a trader is is right on track! The trader texts and asks Rob what a reasonable expectation would be for a return on his investment for his trading strategy. He has found his niche and he wants to make sure he’s not being greedy or unreasonable. You might be surprised by Rob’s response. Rob is thrilled with the planning that this trader has put into designing this trading strategy because the trader clearly knows his trading identity! He knows when he can trade. He knows what he can afford to lose. He knows what he trades well. And, he knows what he hopes to make so that he can know when to get out of the trade. Listen in to know how to discover your trading identity and find your niche as well!

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Published: 27 October 2015
Written by Editor
Podcast   opinion  

The Traders Podcast with Rob Booker

It’s Monday! Good morning Traders Podcast listeners. Welcome to Episode 471. Today Rob gives Luke a call to follow up with him and ask how his trading is going. Luke is going through something that perhaps some of our other listeners are going through: his trend started going against him and his account in the red. The amazing thing about Luke is that he is keeping his head up and he’s going to climb back out of this. Listen in to hear how these losses can come from out of nowhere and what to do about it. Luke asks Rob how to know when it’s time to walk away from trading for a time. Also, Rob shares his thoughts on the Mexican Peso, the New Zealand Dollar, the US Dollar, etc. There are just a few contextual things that you might want to understand about the conditions of the markets in these countries. Thanks for listening!

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Published: 26 October 2015
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Podcast   opinion  

The Traders Podcast with Rob Booker

Good morning Traders Podcast listeners! Welcome to Episode 470. Today Rob finishes his answer to Allan’s question about Rob’s trading beginnings. Rob has told us before how he lost his whole trading account save $250, and that he then proceeded to work his way back up. Allan has a few follow-up questions pertaining to this story. He wants to know if Rob followed his own advice, back them, and made very small, incremental gains. Rob also takes the time to explain how someone could turn $250 into $100,000. This is crazy! The prescription is quite radical. Would you do this? Could you do this?

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Published: 23 October 2015
Written by Editor
Podcast   opinion  
  1. Episode 469: Where to Get Volume Data for the Spot FX Market
  2. Episode 468: Don’t Play Chess-like Games with a Wookie
  3. Episode 467: Are You Asking For Permission?
  4. Episode 466: Is This Trader Gambling?
  5. Episode 464: Why Amazon is the Most Successful Competitor in the World