The Traders Podcast with Rob Booker

For Episode 247, your host Dark Rob Booker is back with another solocast, where he browses through the New York Times and responds to various headlines that catch his attention. During this show, Rob calls his shot and points to the center-field bleachers, giving you his prediction for the next President of the United States. And for those who are motivated by being told you can't do something, Dark Rob spends the remaining time explaining why You Can't Do This. Join us today on The Dark Side of The Traders Podcast. View the YouTube video of this episode here: Links from this episode: Rob Booker.com RobBooker.com/mail Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In this fourth and final episode on The Retirement Lie, our guest host Scott Welsh begins with answering a comment from Brian. Then Scott and Jason the producer run the numbers to demonstrate a few possibilities for a nearby retirement, as well as a far off one. Scott discusses fear and what we could potentially achieve, depending on our risk tolerance. This series is now complete and has spanned from Episodes 243 to 246. Your regular host, Rob Booker, will return on Monday for Episode 247. But we've been grateful to have The Coach as our guest host for the past two weeks. Thanks, Scott! And thanks for listening to The Traders Podcast. Links for this episode: Scott's Blog E-mail Scott: ScotWelsh ( AT ) gmail ( DOT ) com Scott on Twitter: @SWelsh66 Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Welcome to Episode 245 of The Traders Podcast. Your host Rob Booker is on a short vacation from his podcasting post, so we've been lucky to have The Coach Scott Welsh fill in as our guest host. This episode is Part 3 of 4 about The Retirement Lie. In this show, Scott answers a listener question from FX Cave (aka Cavex). Next Scott talks about how retirement equals freedom, and this is why we live — to be free! He also discusses the value of using probabilities to inform your trading. And Scott talks about The Little Book That Beats the Market by Joel Greenblatt, and his "Magic Formula." Don't miss it! Links for this episode: Scott recommends: The Little Book That Beats the Market by Joel Greenblatt Scott's Blog E-mail Scott: ScotWelsh ( AT ) gmail ( DOT ) com Scott on Twitter: @SWelsh66 Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Episode 244 of The Traders Podcast is Part 2 of Scott Welsh's "The Retirement Lie." (So, if you haven't heard the previous episode yet, please go back and listen to Episode 243: The Retirement Lie - Part 1 prior to playing this one.) Your usual host, Rob Booker, is enjoying a two-week vacation from podcasting, so for the next few episodes, The Coach Scott Welsh will be our guest host. And in this second episode of four, Scott tells us more about "The Retirement Lie." Scott begins this episode by discussing a Wall Street Journal article that examines this Retirement Lie. Scott says there are two questions he wants us to think about regarding our retirement: 1.) How can I retire as fast as possible? 2.) Since I like my job, how much can I save? Yes, Scott also addresses the question: What if I don't want to retire? So, you're going to hear Scott run the numbers and explain "the vision" to Jason. Don't miss this one! And thanks for listening. Links for this episode: Scott's Blog E-mail Scott: ScotWelsh ( AT ) gmail ( DOT ) com Scott on Twitter: @SWelsh66 Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Welcome to Episode 243 of The Traders Podcast. Your usual host, Rob Booker, is enjoying a two-week vacation from podcasting. So, for the next four episodes, starting with this one, we have a guest host — “The Coach” Scott Welsh — co-creator of the Bossilator course and a peak-performance instructor who resides in Columbus, Ohio. For his first episode of four, Scott talks about "The Retirement Lie." He begins by describing his intense disdain for liars, and then Scott talks about some very popular lies that many people believe. This leads into Scott's surprising insights about The Retirement Lie, and he begins explaining some good news for traders pertaining to their retirement that isn't a lie! Don't miss it! Thanks for listening. Links for this episode: Scott's Blog E-mail Scott: ScotWelsh ( AT ) gmail ( DOT ) com Scott on Twitter: @SWelsh66 We also recommend listening to this popular episode featuring Scott Welsh: Ep. 34: Peak Performance Athletics and Trading for a Living From Home Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

It has been exactly 132 episodes since we last had a TraderRadio Flashback! For those who don't know, TraderRadio.net (circa 2008 - 2009) was the precursor to The Traders Podcast. We sometimes enjoy looking back at the concerns of the day five years ago and comparing how they relate to our present trading. So, in this recording you’ll hear your host, Rob Booker, chatting with his old friends Corbin Layton and Joshua Hauck (the Ohio River swimmer) in an episode recorded on June 15, 2009, titled “Calamity, Collapse and Trading Redemption.” Rob and the boys talk about the transformation that occurs within a trader after experiencing a margin call (or some other humbling experience). And they also spend some time talking about some news items pertaining to the summer of 2009, such as the Eurozone economy, as well as the dollar bear trend and more. Thanks for listening! Links for this episode: TraderRadio.net Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

For Episode 241, your host Rob Booker brings us a memorable solocast. A trader named Andy Russell recently wrote to Rob and asked how one successfully trades for a living. Rob answers. He addresses Andy about transforming a 50/50 proposition into a winning proposition. Rob also gives four recommendations that make trading sustainable for the long-term. And Rob talks about how important it is not to close winning trades too fast. If you've been struggling with trading for a living, this episode is not just for Andy Russell, it's for you! Thanks for listening. Links from this episode: Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In Episode 240 of The Traders Podcast, you'll hear your host Rob Booker talking with Matt LaCoco about all the negativity that's thrown at brand-new traders. Rob and Matt discuss why there are so many naysayers. Then they explore the positive aspects of trading that new traders can anticipate. Matt says that "being negative always, always costs money." Rob and Matt also discuss how their friend, Shonn Campbell, now trades with the perspective of running a business as a warehouse owner. This episode is a little bit unique, because it ultimately turns into a couple of friends just wrapping about their trading. Don't miss it, and thanks for listening. Links from this episode: Matt's Awesome Trading Blog Follow Matt LaCoco on Twitter Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Welcome to Episode 239 of The Traders Podcast with your host, Rob Booker. This particular show is a wacky hodgepodge, of sorts. Jason the producer begins with a story of a little conflict he had at a screening of the new movie "Divergent." Next we listen to a voice mail from Ryan. We randomly talk about various incarnations of The Tonight Show, then we read comments from FX Outlier, Liftoff, Scott and Warren. But stick around until after Rob closes the show, because we had an after-show conversation about Rob's Trader House. Let us know your thoughts. Thanks for listening. Links from this episode: Forex Early Warning.com JoaquinFX.blogspot.co.uk Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In Episode 238, your host Rob Booker explores Matt LaCoco's concept of allowance. But this conversation is probably just the tip of the iceberg. Rob would actually like to hear more from Matt on this topic. So, tell Matt LaCoco that you'd like to hear his thoughts on allowance on Twitter here: @MattLaCoco Be sure to ask him to write an essay on his blog about allowance. Rob also talks about ideas circling around ingratitude and being discontent with the state of what you have (or what you don't have). Rob asks whether constant improvement is a myth, and he suggests that an over-emphasis on improvement can lead to a lot of unhappiness. We talk about the problems of interfering and getting in the way of what's already working sufficiently. And this episode touches on the ideas of contentment, complacency, ambition and innovation. Don't miss it! Thanks for listening. Other links for this episode: Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

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 Other links for this episode: Call and leave us a voice mail: (801) 382-8789 Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

For Episode 236 of The Traders Podcast, your host Rob Booker and Jason the producer dip into the mailbag and address some listener feedback. You'll hear comments from Suko about the proper pronunciation (and meaning) of the word "Doji." You'll hear another comment from Warrior who explains why the price of natural gas rises and falls counterintuitively during the hot and cold seasons. We also read a comment from German, who asks about bad habits and scalping, as well as another comment from Warren concerning Rob's friend Steve Nison. And Philipe wrote in about overcoming his tendency to overtrade. We always appreciate listener feedback, so feel free to leave your comments in the show notes at the bottom of this episode. Thanks for listening to The Traders Podcast! Check out Rob's video about his Trifecta Trading System for day trading Other links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

As a follow-up to Episode 234 of The Traders Podcast, your host Rob Booker talks about the unsavory topic of losing money. He also talks about riding out your losses (strategically) and the Jesse Livermore mentality toward risk. This is an episode about traders for whom the money isn't as important as The Game. Rob says this is a financially perilous approach to trading that can end disastrously, but it can also be a way to make some big profits. If this mentality isn't for you (and it's not for most people), we think you'll at least find it entertaining to hear about it. Thanks for listening! Rob encourages you to check out his Trifecta Trading System for day trading Other links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

This episode opens with your host Rob Booker and Jason the producer taking an unintentionally alienating stroll down Memory Lane by perusing Google Maps... Next we read a comment from Ryan about his long-term trading, which leads Rob to quote from his friend Tim Sykes's blog post about his 64 trading rules. Rob talks about the importance of cutting losses quickly and allowing your winning trades to run their course. We think you'll enjoy Episode 234, so please check it out. Thanks for listening! Rob's Trifecta Trading System for day trading Other links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast TFL365.com E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Welcome to Episode 233 of The Traders Podcast. This episode is about Conflict in the Ukraine and the Pack Mentality of Human Beings. As this recording begins, your host Rob Booker and Jason the producer briefly chat about Oscar winner Matthew McConaughey and the idea that we create our own lives and circumstances for ourselves. Next Rob extends some Traders Podcast well-wishes for the people of Ukraine and other parts of the world that are experiencing strife. Rob gives some explanation about the conflict that's been occurring in the Ukraine and its Crimean region, and then he talks about what this could mean for your trading. Rob also puts on his prophet-of-doom hat and describes what will happen to the world markets if Russia invades the eastern part of the Ukraine. So, Rob gives some advice on how to prepare for such a case. Finally, we conclude with a quick question from Alan about the Las Vegas Traders Expo. Other links for this episode: Book: Extraordinary Popular Delusions and The Madness of Crowds TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com