Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

Maximise your sleep for peak optimal performance with Dr Frank Cahill and Louise Bedford on 5 ways we waste money.Louise Bedford   MindpowerWhether you are saving up for your initial trading equity or developing discipline around your money habits here are 5 main ways we waste money.   Dr Frank CahillDr Frank Cahill specialises in making people at one with their mattresses and we had a fascinating discussion on how to make the most of your Zzzzs.At 6.30mins we look at what sleep is and how much people need and then how REM is the emotional washing machine of the mind.Then at 9.10mins, we look at the impact of pre-midnight sleep and at 12.20 mins techniques to switch off that MONKEY MIND when you go to bed.You will love his voice and what he has to say.To find out more about Frank and Sleep with Confidence go to:www.sleepwithconfidence.com.au 

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Do you have an interest in prop trading? Pavel Dusek shares on how it can shake things up for traders and Louise Bedford on the science behind risk-taking for traders.Mindpower – Louise BedfordLouise shares two fascinating studies on risk-taking and heart rates while trading.Ever heard of toxoplasmosis? After this segment, you won't forget it.  A Little Trading – Chris TateWe ask CT what on earth is a "bid-ask spread"?    Pavel Dusek FTMOPavel discusses what prop trading is, how it works (10.30 mins) and how FTMO prop traders work from their home locations all over the world.At 12.15 mins he looks at what sort of trader tends to make it and the trading personalities which tend to be more effective.At 14.55 mins he talks on how traders avoid burnout and the importance of keeping a vision.And finally, Pavel discusses the advantages of prop trading and how it can shake things up for people with capitalisation.  (19.02 mins)If you would like to get involved and find out more go towww.talkingtrading.com.au/ftmoORwww.tradinggame.com.au/ftmo 

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Tony Kynaston from QAV on how he makes quality returns in the markets.Louise Bedford - Unsung HeroGeoff Meers is a “bomb” and here is why.His role in the army was ‘bomb disposal’ and he has taken all the skills he learnt to the markets to stand himself in good stead to become an exceptional trader.Geoff has not only has grown himself he has helped other people make changes too. Tony KynastonTony has been investing for 25 years and he has made every mistake under the sun.But after reading Warren Buffett’s book Making of an American Capitalist and The Check List Manifesto he began to trade systematically with a disciplined process in place.We talk about the key data points and metrics he uses before he invests, how Tony determines the value of a stock and what to pay for it. (4.20 mins)Why he believes CASH IS KING AND PROFIT IS AN OPINION.Tony describes his investing portfolio and explains what he means by value investing (10.15 mins.)At 11.15 mins we talk about Coronavirus and the effect it has had on the markets.And we discuss the rule of investing with the IRISH CALCULATOR. Do you know what that is?Your fingers. The message: don’t over complicate things.To hear more of Tony and his QAV podcast go to qavpodcast.com.au orQAV Investing Podcast on Facebook.  Image by 3D Animation Production Company from Pixabay

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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YouTube
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From Wall Street legends to Mount Everest climbers, Market Wizards to billion-dollar CEOs, here are top 10 secrets of their success.Caroline StephenIn nearly 7 years we have featured Wall Street legends and world champion athletes, to billion-dollar CEOs and many Market Wizards in between.Here are the top ‘10 Tips for Success’ over 300 episodes of Talking Trading.Thank you to all our treasured listeners.   

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Trading Coach Mandi Pour Rafsendjani on what makes traders great.Louise Bedford Unsung HeroFrederick Hoogenboom trades from Singapore and doesn’t use distance as an excuse.Fred, we love your results and that you are working on trading besides your time-intensive career.Trading provides a little bit of extra and the feeling that you are cheating the system. Mandi Pour RafsendjaniIn part 2 of this interview, Mandi spills the beans on what makes traders' great.At 3.10 mins hear how the most important this a trader can do is know their weaknesses and how they perform under market pressure.Hear the difference between active versus professional trading and how 75% of traders make a loss and 25% make a dollar profit or more at 11.05 mins.And the two reasons why traders lose money: They let their losses run They scale into their losing trades.At 11.45 mins Mandi shares how guilt is the most common emotional block which hinders trader's performance and how all it takes is a transformational coaching session to remove.To get in touch with Mandi go to www.tradingpsychology.com.au and check out her free 30-minute assessment and coaching packages.  

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Trading coach Mandi Pour Rafsendjani on how to build self-confidence and tap into your inner super-hero.Doug and LouiseLouise Bedford Unsung HeroDoug Blandford lives on a huge property out the back of WA in a place so remote people can’t find it on a map.He is a retired Environmental Earth Scientist and life hasn't been easy. But he took his resilience to share trading and finessed his plan, took on the advice of Louise Bedford and Chris Tate and his results have been spectacular.Caroline and MandiMandi Pour RafsendjaniThe number one question Mandi gets asked as a trading coach is ‘How Can I Be More Confident?’The answer comes through habits.At 5.35 mins we talk on how habits form a structure which brings clarity and leads to confidence. Mandi is close to legendary trader Linda Raschke and she shares how important structure is to Linda's trading.At 13.10 mins Mandi looks at the power of self-talk and how successful traders externalise their feelings into action and solutions. Hear the personal pep talk Linda Raschke gives herself when she is down to tap into her inner wonder woman to find solutions.At 17.30 mins hear the power and importance of having a team of traders around you and the power of a trading community.You will love Mandi once more with her insights.To find out more about Mandi go to tradingpsychology.com.au. She will give you a free30-minute free assessment and ideas on how to move forward. 

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Creating a trading family with Louise Bedford and mentoree Yvonne King.Yvonne KingTrading can be a solitary occupation - but there are ways to feel more connection and establish a support network in the markets.Many listeners know that Chris Tate and Louise Bedford have been running their Mentor Program for the past 20 years. However, they also run a graduate program called The Trading Boardroom. Yvonne King completed the Mentor Program in 2018 and has been a Trading Boardroom member since 2019.Yvonne talks about the importance of support and the role her buddy group meetings in Adelaide play in her trading life.At 13.17 mins hear the level of focus that The Mentor Program and Boardroom have brought Yvonne and how she discovered along the way that “planning for trading is the same as planning for life”. Louise Bedford - MindpowerHaving the right team around you counts, even in the solitary area of trading.Getting the right support, getting your needs met, and working out who you need to be a success.Once you are a success you drag a whole lot of people up that success tree with you. Chris Tate – A Little TradingYou do not have to be good at maths to trade.In fact, coming from the freaky, maths genius mind of CT, he suggests the better at maths you are the worse your trading will be.Trading is a really simple profession – you buy stuff.  

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
YouTube
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Dr Daniel Crosby and Louise Bedford on our primitive brains versus investing.Louise BedfordHow we react hunting on the savannah with the sabre tooth tiger over our shoulder is not always compatible with how to make money in the market.Our instinctive reactions can prevent us from cutting a loss short and letting your profits run. But once you hear it broken down you can reprogram yourself and make profits. Dr Daniel CrosbyDr Daniel Crosby continues to break down behavioural finance into practical applications.We look at two more behavioural errors and biases for humans: The need for ATTENTION and doing the small things correctly (7.30 mins) CONSERVATISM and the desire to protect a known status quo. (9.55 mins)We then talk about the topic on everyone’s lips, Corona Virus and the impact it is having on share traders. Not only are the markets affected so is our mental health which impacts our trading decision making.At 13 mins we talk about why humility makes you into more profitable traders and Daniels Ted X Talk You are Not That Great.He breaks down the flavours of ego – can you relate to any of these? We think we are better than average. We think we can know the future with greater certainty. We think we are luckier than average.His key message for traders to take home during this period is that your trading will be as good or bad as your wellness. (24.40 mins)To find out more about Dr Daniel Crosby go to: LinkedIn Daniel Crosby PhD or Twitter @Daniel CrosbyOr listen to his podcast Standard Deviation 

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Dr Daniel Crosby makes behavioural finance fascinating and explains why our primitive brains are hardwired 180 degrees against investing in the stock market.Caroline StephenThe price of West Texas Intermediate Crude oil went into negative dollars for the first time in history. Here is a quick look at the price drop and the differences between Brent and West Texas Crude.  Dr Daniel CrosbyWhy is trading so hard to master? Daniel explains it.It is true, God or nature could not have created a worse investor than you or I.Our brains are wired 180 degrees backwards to invest in the stock market.Humans hate NOTHING more than uncertainty.In over 2500 years our primitive brains have not had a substantial upgrade and there is an enormous mismatch for what we were made for in cave-man times and what is required in modern financial marketsFor instance, why are we statistically wired to be 2.5 times more upset about a loss than a comparably sized win?  Daniel explains it at 9.45 minsAnd then he talks about the 3 types of risk at 11.10 mins and two primary types of behavioural errors and biases; ego and its role as a protective function in humans at 15.30 mins and emotionalism as the first-ever risk tolerance questionnaire at 18.10 mins.You will just love this interview.To find out more about him go to: LinkedIn Daniel Crosby PhD Twitter @danielcrosbyTo listen to his podcast go to Standard Deviation. 

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
YouTube
Twitter
LinkedIn

Chris Tate answers your most burning trading questions on these Corona affected markets.Chris TateCT talks on distractions while trading and whether he leaves his mobile phone in another room (5.10 mins).We also ask what goes through his mind when he gets a signal in a choppy market and how he handles resistance to it (7.08 mins).We discuss options writing and he talks on the BEHAVOURIAL GAP in trading, which is the difference between the profit you would have made and the profit you did make (10.20 mins).He points out that traders pay IDIOT LEVIES for delays and efficiency gaps and that short- term traders need to be ‘Johnnie on the spot’.His final piece of advice for these Corona affected markets (16 mins) – don’t try and trade the turn. Louise Bedford – MindpowerPeople who have a financial support network make 2-3% more per annum.We need to support to keep us going because we all fall prey to our own psychology.You will benefit more by being out of the market during the worst times.  

Still trading on gut feel? That’s not strategy — that’s gambling. And it’s why most traders stay broke.
Get my Trading Made Simple course free at tradinggame.com.au and start trading like the pros. 

Don’t wait — the market won’t.

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
YouTube
Twitter
LinkedIn