In this episode, hosts Luke and Ronnie welcome AI enthusiast Jerome Johnson to explore how traders can harness artificial intelligence as their personal trading coach. Discover how to create your own team of AI specialists - from "Risk Rachel" to "Growth Gary" - that can analyze your trading patterns, challenge your decisions, and help improve your performance. Learn practical applications using tools like Perplexity and Claude, from researching market events in real-time to identifying hidden patterns in your trading history. The trio demonstrates how AI is democratizing capabilities once reserved for institutional traders, while addressing the risks and showing you exactly how to get started today.

Key Timestamps:

00:00:00 - 05:15 | Introduction & AI Foundations

05:15 - 14:00 | AI as Your Trading Partner

14:00 - 29:02 | Building Your AI Trading Team

29:02 - 40:03 | Advanced Applications & Risks

40:03 - 44:09 | Getting Started & Community

Runtime: 44:16 minutes

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode, hosts Luke and Ronni explore how traders can leverage free AI tools like Claude and Perplexity to gain institutional-grade capabilities without the hefty price tag. They demonstrate how Perplexity excels at market data and research, while Claude specialises in reasoning and portfolio analysis.

We share practical examples of creating watchlists, optimising portfolios, and managing risk using these platforms. They highlight Deloitte research showing AI-powered risk assessment has reduced portfolio drawdowns by 15% for professional funds.

This practical guide offers actionable insights for both beginners and experienced investors on using AI as your personal trading coach and analyst through accessible, free platforms that can replace expensive Bloomberg terminals for most retail trading needs.

So, would you use AI?

Key Timestamps:

00:00:34 - Introduction: The Rise of AI in Trading

02:00:13 - Cost-Effective Alternatives to Premium Trading Terminals

04:45:23 - Understanding the Two Key AI Tools: Perplexity vs Claude

08:17:13 - AI as Your Personal Trading Coach

14:09:04 - Using AI Projects for Streamlined Trading Research

17:27:04 - Crafting Effective Prompts: From Vague to Specific

20:25:24 - How Professional Funds Use AI: Performance Metrics

26:27:13 - Real-Time Demonstrations: Analyzing Stocks with AI

33:10:08 - Practical Benefits: Time-Saving and Decision-Making

40:40:19 - Getting Started and Conclusion

Runtime: 46 minutes

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode the Talking Shop crew discuss The Psychology of Stop Losses and Why Successful Traders Use Them and Others Don't.

Luke Moore and Ronni Agnig demonstrate how proper stop-loss implementation can significantly reduce trading losses, improve risk management, and help retail traders develop emotional discipline - ultimately leading to more consistent profitability. 

Key Timestamps:

00:00:00 Introduction to Stop Losses

00:02:12 What is a Stop Loss Mechanically?

00:03:31 Understanding Market Orders and Slippage

00:04:56 Guaranteed Stop Losses Explained

00:06:41 Real Trading Experiences with Stops

00:08:18 Why Using Stops Doesn't Mean You're Wrong

00:10:59 Managing Headline Risk in Markets

00:13:04 Common Excuses for Not Using Stops

00:15:25 Volatility Based Stop Loss Model

00:17:53 Average True Range (ATR) Explained

00:20:52 ATR Implementation for Different Trading Styles

00:23:07 Chandelier Exit Strategy

00:25:53 Benefits of Trailing Stops in Trending Markets

00:28:29 Adapting Stops to Market Conditions

00:30:35 Using Options as Alternative Stop Strategies

00:32:45 Options Expected Move for Setting Stops

00:35:31 Q&A and Final Thoughts

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this candid episode, the Talking Shop crew discuss the market volatility of April 2025 following President Trump's tariff announcements. They share their personal trading experiences during a "therapy session" for traders facing unprecedented market swings.

Key Timestamps:

00:27:07: Introduction to the "Talking Shop Therapy Session"

02:10:03: Initial tariff announcement and market reaction

08:19:20: Sunday night market crash

12:59:04: Margin increases and risk management

19:41:21: Pete's "Disneyland disaster" trading story

24:30:07: "Walk Back Wednesday" and 12% market recovery

28:21:16: How the bond market forced policy changes

36:16:14: Sector impacts and long-term economic effects

43:46:16: Key lessons learned from April turbulence

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

Hosts Luke Moore, Sean Power, and Pete Ward break down the five most common mistakes retail traders make and share practical solutions to avoid them. Drawing from their extensive experience, they discuss poor risk management, overtrading, emotional biases, lack of trading plans, and unrealistic expectations.

Timestamps

00:00 - Introduction and overview

01:42 - Why traders make mistakes and how awareness helps

03:52 - Mistake #1: Poor risk management and position sizing

07:27 - Research on percentage-based stops

09:12 - Psychology of chasing losses

10:36 - Mistake #2: Overtrading and transaction costs

14:53 - How transaction costs affect trading performance

17:19 - Benefits of cooling-off periods after losses

17:58 - Mistake #3: Emotional biases and the disposition effect

20:17 - Banking gains and accepting losses

23:21 - Research on trading psychology

24:56 - Mistake #4: Lack of trading plan

28:16 - Statistics on trading plans

32:38 - Six essential components of a trading plan

35:04 - Mistake #5: Unrealistic expectations

37:35 - Reality vs. expectations in trading returns

42:18 - Summary of the five major trading mistakes

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode the boys discuss the challenging strategy of buying market dips. They share personal trading experiences, break down mathematical models from JP Morgan and Goldman Sachs, and explore key indicators for identifying market bottoms.  

Timestamps 

00:00 Introduction 

02:06 Definition of "buying the dip" and challenges of timing market bottoms 

04:52 Personal trading experiences with buying dips (Novo Nordisk, Carnival, Rolls-Royce) 

09:11 Discussion on patience and conviction needed during market recoveries 

12:18 JP Morgan's phased accumulation model for scaling into positions during drops 

16:00 Goldman Sachs' volatility-based approach and Morgan Stanley's fundamental-technical strategy 

34:48 Technical indicators for market bottoms, especially volume spikes as signals 

39:12 Institutional flows and put/call ratio as contrarian indicators 

44:08 CNBC's "Markets in Turmoil" indicator as a bullish signal 

46:08 Closing game of market clichés

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

Luke Moore and Peter Ward are joined by special guest Axel Rudolph, IG's Senior Technical Analyst and former chair of the Society of Technical Analysts. They dive deep into what may be the most overlooked yet critical aspect of successful trading: position sizing. Discover why even experienced traders can blow up their accounts, how to adapt your strategy during volatile markets, and practical approaches to risk management that could increase your staying power. 

Timestamps 

00:00 Intro 

02:37 Core theme: "It all boils down to risk and position sizing" 

05:54 Why position sizing is overlooked: "Human nature... it all comes down to math" 

10:59 Definition of risk per trade and percentage-based approach 

21:53 Using ATR (Average True Range) to adjust sizing based on volatility 

28:54 Warning against removing stops during volatile periods 

36:40 Case study of account growth and losses due to poor sizing 

44:52 Final takeaway: "Reduce, reduce, reduce" 

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode Luke, Pete, and Ronni share essential insights into creating and maintaining an effective trading plan.

They discuss why having a systematic approach is crucial for trading success and how to avoid common pitfalls. 

Key Timestamps:

00:00 - Opening

01:37 - Introduction on trading plans and acting with intent

08:01 - Discussion on finding balance between research and taking action

12:01 - Key insights about probability and risk management

17:32 - Deep dive into trading journals

25:00 - Important discussion on defining trading success

30:20 - How long it takes to become profitable

34:47 - Most common trading mistakes and pitfalls

44:03 - Portfolio management advice

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode of Talking Shop with IG, hosts Luke, Sean, and guest Ronni dive deep into the psychological aspects of trading, focusing on three major cognitive biases that can make or break a trader's success.

Key Timestamps:

00:02:19 - Introduction to trading biases and their impact

00:03:17 - How traders often enter markets with inherent biases

00:04:00 - Introduction to three main types of bias: confirmation bias, gambler's fallacy, and loss aversion

00:11:14 - Real-world example of confirmation bias using Tesla stock

00:19:15 - Deep dive into the Monte Carlo fallacy and gambler's bias

00:28:10 - Exploration of loss aversion and its psychological impact

00:40:29 - Practical advice for managing trading biases

00:42:04 – Key summary and tips on trading biases

00:45:20 - "Margin Call" segment: Discussion of notable market fails of the week

Like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this eye-opening episode of Talking Shop, Luke, Pete, and Sean dive deep into trade analysis and the mathematics and psychology of successful trading. With over 45 years of combined trading experience, the hosts break down essential concepts like risk management, win ratios, and position sizing. Learn why even legendary traders like Ray Dalio and Stanley Druckenmiller don't win as many trades as you think.

Key Timestamps:

00:00:00 - Introduction and welcome to the new season

00:02:03 - Introducing "Trade Craft" series and hosts' combined trading experience

00:04:26 - Deep dive into risk vs. reward concepts

00:07:13 - Important insight: "The market doesn't owe you anything"

00:12:33 - Discussion of win ratios: Ray Dalio and Stanley Druckenmiller's success rates

00:19:13 - Example of calculating proper trade size

00:24:48 - The dangers of overleveraging and account preservation

00:32:29 - Setting trading goals and measuring success

00:39:15 – Key points and IG available resources

00:42:40 - "Margin Call" segment: Who is the biggest loser?

Find out more: https://upl.inc/talkingshop

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.