Wed, 29 July 2015
This week I spoke with Luke Cummings, an Australian equities trader with 14 plus years of experience on his side.
Direct download: 031__Luke_Cummings__Low-correlation_equities_trading_how_to_avoid_being_tied_to_the_market.mp3
Category:trading -- posted at: 7:06pm EDT
Wed, 22 July 2015
030: Tom Basso – The logic of trend following, and how to improve your trader psychology with a Market Wizard
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.
And while Tom’s now retired, he still actively studies the market and continues to trade.
This interview covers many topics that range from trend following and systematic trading, to psychology and why you must never forget to ‘enjoy the ride’.
Direct download: 030__Tom_Basso__The_logic_of_trend_following_and_how_to_improve_your_trader_psychology_with_a_Market_Wizard.mp3
Category:trading -- posted at: 5:59pm EDT
Wed, 15 July 2015
029: Brian Shannon – The science of technical analysis, versus the art of trading (Founder of AlphaTrends)
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.
We also talk about understanding the psychology of market participants within well-known patterns, the two indicators that Brian uses most often (one of them being VWAP – Volume Weighted Average Price), and Brian also walks us through the 4 stages of a market cycle: accumulation, markup, distribution & decline.
So all in all, Brian hit on plenty of great topics, and I feel like you’re really going to enjoy the insight he shares with us
Direct download: 029__Brian_Shannon__The_science_of_technical_analysis_versus_the_art_of_trading_Founder_of_AlphaTrends.mp3
Category:trading -- posted at: 7:09pm EDT
Wed, 8 July 2015
028: Andrew Falde – How to avoid ‘predicting’, the purpose of options markets & the 7 components of profitable systems
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.
Direct download: 028__Andrew_Falde__How_to_avoid__predicting__the_purpose_of_options_markets__the_7_components_of_profitable_systems.mp3
Category:trading -- posted at: 5:59pm EDT
Wed, 1 July 2015
027: Jack Schwager – Shares the key lessons learnt from many of the worlds greatest traders (aka the Market Wizards)
The chances are you're already very familiar with this weeks guest, and if you're not - then I'll have to presume you're new to the realm of trading.
Jack Schwager is the author of a number of widely acclaimed financial books, including the timeless Market Wizards series - commonly referred to as all time favourites by many of our past guests.
As well as a bestselling author, Jack is widely recognised as an industry expert on markets, hedge funds and trading advice. He's also the co-founder of FundSeeder; a platform designed to find undiscovered trading talent, and connect successful traders with capital from investors.
During our interview we discuss Jack's lifetime involvement with markets, some of the key lessons he learnt firsthand from interviewing many of the worlds greatest traders, and so much more...
I hope you enjoy this interview, as much as I enjoyed hosting it. It was an absolute honour to speak with Jack for almost 90 minutes.
Direct download: 027__Jack_Schwager__Shares_the_key_lessons_learnt_from_many_of_the_worlds_greatest_traders_aka_the_Market_Wizards.mp3
Category:trading -- posted at: 6:58pm EDT