A TRADER'S LIFE
How do traders do it, overcoming setbacks, managing their risk and reining in their emotions to take chunks of money out of the markets? Showhost Nicholas Penrake chats with traders from all kinds of backgrounds, inviting them to share with us their highs and lows on their way to achieving consistent results.
Trading is a tough game – they say only around 5 per cent of those who try actually make a profit. Listen to A Trader’s Life to glean some valuable insights from the market wizards Nic get to talk to.
If you glance at my profile on LinkedIn, you’ll see I’m no big shot trader. Mid way through 2023, after nearly three years' trading, I'm still only break-even. But every week I learn something new. And part of that learning process is enriched by talking and listening to other traders, those with more experience than I have.
We all know that emotions can seriously derail your trading aspirations. It's been my experience - and I hope you agree - that every so often listening to other traders' stories can not only be instructive but inspirational, even comforting, to a degree.
Just one example: one of my guests lost 50,000 in just a just a few months. Today’s she’s crushing it in commodities. How did she do it? You come here to find out.
And here’s the thing… the picture I’m getting is that it’s not so much about the money, it’s about the challenge.
It’s also about freedom: finding a pursuit that can make you an income that only relies on your smarts and an internet connection.
If you can get there, trading can potentially free up your day, allowing you to explore a world that extends far beyond the daily commute to an office.
So, if you’re a trader interested in comparing your story with the stories of traders who’ve cracked it, or even if you’re just curious about trading, grab your headphones, open your browser and have a listen – A Trader’s Life.
Episodes
194 episodes
Tom Segura - a simple process for month-upon-month steady gains
The traders who tend to survive and thrive are often not the big hitters, they’re the beavers. They build a routine. They take note of what works and what doesn’t work. They err on the side of caution and they blanket FOMO from their existence....
Adam Harris - Combine discretionary trading with patterns produced by AI
What if you could trade the markets in just 30 minutes a day — using AI?Nice idea, but is it even possible?On this episode I talk to Adam Harris, a former City trader turned mentor.He runs a mentorship program -
Chris Vermeulen - Become a successful trader without using leverage
Chris Vermeulen has been trading since he was at high school. Today he runs a newsletter that offers his technical analysis on what the markets are telling him. He ...
Mark Randall - Upgrade your trading with a high performance coach
As a trader, you have to be able to keep a check on your emotions, no matter what the state of play. Like air traffic controller, a sniper. Life or death.My next guest on A Trader’s Life is no stranger to extrem...
Pablo Fdez Escarzaga - 10% gains per week using a proprietary Fibonacci tool
Previously a lawyer, now a full time trader, Pablo Fdez Escarzaga from Spain told me he spent his first two years trading the markets "going nowhere". Then, quite by chance, he came across Alla Peters Plocher’s Fibonacci Trading In...
Alla Peters Plocher - Precision trading using a unique Fibonacci tool
If you’ve been trading a while, it’s probably safe to assume you’ve come across the Fibonacci retracement and extension tools. And perhaps you’ve also come across a few traders on YouTube who show you how to use these tools. But unl...
Trailer | Alla Peters Plocher - Precision trading using a unique Fibonacci tool
If you’ve been trading a while, it’s probably safe to assume you’ve come across the Fibonacci retracement and extension tools. And perhaps you’ve also come across a few traders on YouTube who show you how to use these tools. But unl...
Clive Arneil - trading at the sharp end for half a lifetime
How do you deal with bad days, the slow days trading? Who do you talk to? The cat, the dog, your reflection? Sometimes there’s no one around. You’re there on your own looking at red numbers getting bigger and bigger. Not every day,...
Daniel Munday | Keep it simple - trading the higher timeframes
Many traders like the fast action of a one-minute chart. Only a few who do can trade it consistently. Daniel Munday prefers the higher timeframes. It doesn’t sur...
Stephen Desborough - Creating a calmer state of mind for optimal trading performance
A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a...
Trailer | Stephen Desborough - Creating a calmer state of mind for optimal trading performance
A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a...
Ian Coleman - Swing trading FX and indices
So we’re all pretty familiar with terms like head and shoulders, double bottom and double top. But are you familiar with these more esoteric patterns like bearish butterfly and tapering wedge? My next guest
Trailer | Ian Coleman - Swing trading FX and indices
I think most of us who have been trading even a year can agree that managing risk is more than half the battle when it comes to making consistent returns in the markets. That was va clip from my conversation with veteran trad...
Kim Yew - Filmmaker and trader with 100% win rate
So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dy...
Trailer | Kim Yew - Filmmaker and trader with 100% win rate
So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dy...
Will Nutting - how to invest like a contrarian
Shoot for the skies as a day trader or bypass leverage altogether and aim for a 10% return investing in stocks? Writer and investor, Will Nutting, prefers the latter. For one thing, it gives him more time to travel around the world...
Zack van Niekerk - co-founder of The Trading Cafe
We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But ...
Trailer 90 | Zack van Niekerk - co-founder of The Trading Cafe
We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But ...
Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method
It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher...
Trailer #2 Ep 89 | Alla Peters Plocher - Fibonacci Trading Institute
It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher...
Trailer 89 | Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method
It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher...
Alex Spiroglou - macro and systematic trader
Just as some people are good at long distance and some are more suited to the 100m, some traders prefer scalping, while others prefer the higher time-frames. Alex Spiroglou has de...
Trailer 88 | Alex Spiroglou - macro and systematic trader
Just as some people are good at long distance and some are more suited to the 100m, some traders prefer scalping, while others prefer the higher time-frames. Alex Spiroglou has de...