The Traders Podcast with Rob Booker

About a month and a half before we reach New Year’s and a time of resolution-making, your host Rob Booker explains how he has moved from the Gregorian calendar to using a 10-week year. So, Rob details his relatively newfound schedule and how it works. Next we dip into the mailbag and read a hilarious comment from James. Then Anthony from South Africa wrote to ask about trading competitions and whether their winners’ incredible results are legitimately possible. This leads to an intriguing discussion of the reality of making huge profits and how consistently it can be done. And finally, Rob wraps up this episode by talking about implementing a process — and committing to that process — instead of solely striving for a specific end result. This discussion will become the first part of a three-part series that spans over Episodes 202 through 204 of The Traders Podcast. Don’t miss it! Links for this episode: TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

We’re pleased to bring you another provocative solocast by your host, Rob Booker. In Episode 201, Rob explains how the worst traders have the worst kind of confidence. He shares a scary scenario from 12 years ago, and he poses the questions: Is day trading a total scam? Does it ruin lives? Rob tackles these questions and then carefully describes how we first ruin ourselves, then we ruin our trading accounts. Next Rob talks about how trading is like religion, and he talks about the sorrow that comes from believing that trading is The Answer. Rob runs with this metaphor and discusses leaving the religion of trading and explains that trading is not The Answer, but something else... And finally, Rob encourages traders to become more rational — even hyper-rational. If you’ve been feeling like you need to reflect on yourself as a trader, then this episode is definitely for you. Thanks for listening to The Traders Podcast. Links for this episode: TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

For Episode 200 of The Traders Podcast, your host Rob Booker joins his trusty producer, Jason Pyles — in person in Salt Lake City — at the home of special guest Jared Johnson, the CEO, founder and president of Day Traders FX.com. To celebrate this monumental show, Rob and Jason spend some time reflecting over 200 episodes. And Rob talks about how in podcasting and trading, you just can be on your game every time... Jared talks about how awful August 2013 was for his trading. And Rob talks about being his own worst enemy (particularly in trading) and watching himself do damage to himself. This leads to a discussion about the necessity to slog through the bad periods to get back to good again. Rob mentions that he recently revisited Pink Floyd’s “The Wall” album, which made him think about the kind of walls we build around ourselves. Rob also talks about how we have visions of a spectacular future, and we make plans surrounding future success, but oftentimes, we end up merely having sufficient success, but that’s still remarkable. And Rob asks Jason and Jared if they consider themselves to be successful and comments on whether he considers himself successful. And finally, Rob and Jason speculate about the future of The Traders Podcast. Thank you for listening to 200 episodes. It has been our honor and pleasure to bring them to traders around the world. Links for this episode: Jared's Web site: Day Traders FX.com Jared on Twitter: @DayTradersFX TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In Episode 199, your host Rob Booker delivers a raw, bare bones solocast where he riffs on all the problems associated with when things are going well. Rob talks about the dark problem with euphoria, and he also identifies what is your most powerful ally in your battle with the market. Rob speaks about the pitfall of mistaking one’s own greatness. But most importantly, Rob addresses the show-no-emotion brand of trading and learning to calm the hell down. Rob also lists and expounds on the four steps to removing emotion from your trading, and he concludes by reading a poem from 1940. Enjoy! Links for this episode: TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

For all you beautiful people who listen to The Traders Podcast, your host Rob Booker explores a very unusual concept, indeed: making yourself attractive to the market! Intrigued? We thought you might be... Rob begins this episode by discussing how beautiful people are paid more and receive greater attention socially. Then Rob describes how one can make himself or herself have more appeal to the market. So, if you think you're too sexy for the market, then this episode is for you! Links for this episode: TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In another great solocast, your host Rob Booker sorts through the listener mailbag and gets a nice e-mail from David Pullen, from Melbourne, Australia. David writes to tell us that Rob put him in the doghouse with his significant other... This e-mail prompts Rob to consider hosting his 2014 trading contest down under — in Australia! Next Rob hears from Derek King, a bicyclist from the UK countryside, who says a recent episode of The Traders Podcast helped encourage him to get proactive about putting his trading manual into writing. This inspires the heart of this episode, where Rob talks about the significance of writing something down that you want and then seeing that vision come to fruition later on in your life, often in unexpected ways. Next Rob reads a great e-mail from Jessica (aka Rogue Traderette on Twitter), who responds to Rob’s episode about burnout. Jessica’s e-mail is quite inspiring, actually — a must-hear letter. And finally, Cole sends an encouraging poem about something that we should all probably do a lot more of... If you’re a trader, this episode is for you. Thanks for listening to The Traders Podcast. Links for this episode: Looking Into Your Future (audio CD): Stephan A. Schwartz.com TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Returning again after their Cigar Shop debut in Episode 179, Shonn Campbell and Matt LaCoco host The Traders Podcast again to talk about the magical potion of probability and to what extent trading is, in fact, gambling. Matt and Shonn discuss how traders are just in denial about being gamblers, asserting that traders aren’t much different from professional poker players or card counters who use statistics to make their money. Shonn and Matt suggest that trading is merely card counting — with candles! They also talk about “the gut feeling” and how it’s essentially the intuition of probability. So, in Episode 196, the Cigar Shop guys will answer the questions: Is there a way to count cards in trading? And is there a way to gamble for a living? You definitely don’t want to miss this one! Thanks for listening to The Traders Podcast. Links for this episode: Follow Matt on Twitter: @MattLaCoco Follow Shonn on Twitter: @PlateauTrader TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In another intimate solocast, your host Rob Booker gives some candid thoughts about the phenomenon of “burnout.” Rob defines it and describes how burnout affects traders, including himself. Rob talks about the 12 phases of burnout, and how it begins with a compulsion to prove yourself, which leads to the neglect of important things, like your own needs, your health or your children. Rob also discusses the displacement of conflicts and how denial of your problems leads to withdrawing from the people in your life. And because this phenomenon affects traders in such a way that can lead to significant losses, Rob describes how to recognize the stages of burnout and offers a few steps to help you deal with it. Links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Episode 194 is a pure Rob Booker solocast, where Rob offers you a chance to make a big improvement after listening to this show. He talks about the importance of decisiveness and invites you, the listener, to raise your level of skill in making decisions. Rob says this is the single most powerful thing you can do right now to improve your trading. Rob also talks about the underlying concepts and recurring themes of The Traders Podcast, which are growing up and becoming a better person. Rob asks you to consider how much risk you’re willing to take, and what process you’re going to use to trade the markets. Rob also discusses some qualities of decisive traders. You won’t want to miss this episode; it’s one for the ages! Links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

Episode 193 is probably The Traders Podcast show you’ve been waiting for... After some brief discussion about the 2014 reality trading contest and Trader Interviews.com, your host Rob Booker talks about the U.S. Government Shutdown and its ramifications. Rob talks about what will happen to the stock market and the U.S. dollar if the government defaults on the national debt. Rob answers whether you should take all your money out of the stock market. And even though he endeavors to provide a voice of reason in this time of great uncertainty, Rob gives some bleak predictions about the future, as well as some speculative trading advice that could yield a potentially epic seven-year buying opportunity! (Rob even describes specifically what he’d be willing to do with this buying opportunity.) Rob also reveals his grim concerns and predictions for the next 20 years, including what he thinks will be the next major crisis that will cause widespread panic. Listen to this episode and hear Rob’s take on all this madness! Links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

For Episode 192 of The Traders Podcast, your host Rob Booker catches up with market strategist Neal Gilbert, author of “Braving the Rapids.” Rob asks Neal if he has strong opinions about gold (as well as other markets). Rob and Neal also talk about deep inter-market analysis and whether it’s necessary for understanding one’s market of choice. Rob asks Neal how many screens he has open at any given time and asks what he watches for and why. They talk about patterns and Neal defines “the three-drive pattern.” This leads Rob and Neal into discussing somewhat obscure methods for predicting where the market is going, such as Murrey Math and moon-phase trading! And finally Rob asks Neal what to do if a trader pulls up one time-frame chart and then starts scanning other time-frame charts only to second-guess the initial plan. Be sure to tune in. We think you’re going to enjoy this episode with our friend, Neal Gilbert. Thanks for listening! More links for this episode: Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us! Producer@TradersPodcast.com Trader Interviews.com

In Episode 191, your host Rob Booker and the producer Jason Pyles begin by discussing the excellent new movie "Gravity." Rob and Jason also read an e-mail from David, who wrote to give us a suggestion of a place from which we can broadcast our live meet-up of The Traders Podcast, Episode 200! Next Rob talks about the human tendency of wanting to know the end from the beginning, which moves into a conversation about how things often turn out well (albeit surprisingly) when we don't have our course completely charted ahead of us. Rob also talks about how traders want their trading system to be their "fixed point," but in reality, traders themselves are their own fixed points. And finally, we wrap up by inviting the female listeners of the podcast to make their voices heard. Call and leave us a voice mail: (801) 382-8789. Thanks for listening. Links for this episode: Trader Interviews.com TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast E-mail us: Producer@TradersPodcast.com

In another great episode of The Traders Podcast, your host Rob Booker flies down to Mexico to interview a daredevil / trader / pilot about being fearless and about turning $1,000 into $400,000! This episode isn't as much how he pulled off such a feat, but more about the elements of his approach to the markets. Rob also talks to this trader about taking calculated risks. FYI: Episode 190 only features a portion of the entire 30-minute interview, which will be found in its entirety at Rob's new site Trader Interviews.com very soon. P.S. Don't forget to let us know WHICH CITY you'd like us to broadcast Episode 200 from — live ? E-mail us! Producer@TradersPodcast.com More links for this episode: Trader Interviews.com TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast

Episode 189 begins with a little movie talk about “Don Jon” and “Rush.” This leads to a brief conversation about walking out of movies, which segues into a discussion about having the courage to admit when our trading isn’t going according to plan. Your host Rob Booker and the producer Jason Pyles also talk about other topics, such as entering orders incorrectly, Rob’s travels in Mexico, his acquisition of Trader Interviews.com, and even more updates on the 2014 trading competition. During this show, Rob also explains more about how he’s going to choose his participants, so don’t miss it! P.S. Don't forget to let us know WHICH CITY you'd like us to broadcast Episode 200 from — live ? E-mail us! Producer@TradersPodcast.com More links for this episode: Trader Interviews.com Visit Rob's Instagram gallery TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast

Remember Episode 145 — The Guy Who Lived Out of a Van and Traded? That fascinating guest was Ryan from Knoxville, Tennessee. Well, in Episode 188, your host Rob Booker catches up with Ryan to find out about his latest adventures in trading. So, in this episode, Ryan talks about his experiences with automating a trading system and the way people react when news is released about the market. Ryan also talks about using a computer to simplify the process of putting trades on, but not necessarily for taking the trades... Rob discusses Ryan’s primary objective of reducing risk. And Rob and Ryan talk about Nadex and binary options. Leave us a comment below! Thanks for listening. P.S. Don't forget to let us know WHICH CITY you'd like us to broadcast Episode 200 from — live ? E-mail us! Producer@TradersPodcast.com More links for this episode: TFL365.com Rob on Twitter: @RobBooker The Traders Podcast on Twitter: @TradersPodcast