Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

Should you use profit targets in your trading? Louise Bedford answers using famous trader, Jesse Livermore, as an example. Plus, mentoree Neil Hay from WA talks about his spectacular trading results for 2019.Mindpower Louise BedfordShould you use profit targets?Louise answers this question from a Talking Trader listener with wisdom from JESSE LIVERMORE as well her own Commonwealth Bank trade.  Neil HayMentoree Neil Hay has had spectacular trading results over 2019.Hear how when he went back and did the Trading Game mentor program a third time he wondered what on earth Chris and Louise had learnt in those years to change so much. He was joking of course! (7.15mins)Hear how his macro filter took him out of the GFC 10 days before the massive demise of stocks in the US. (8.30 mins)And how his trading structures were confirmed the third time he did the Trading Game mentor program last year.You will love him.To read more about the 6-month, repeat-for-free Mentor Program and get involved in Priority Notification for our next Mentor Program, click here.

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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This episode is a special treat of back to back mindpower segments with Louise Bedford to for one giant hit of trading inspiration.Louise BedfordEvery episode Louise Bedford speaks from her heart in a mindpower segment to inspire, empower and nurture you to live the trader's life.We have had so many emails from you guys saying how much you value these segments.So we have some of our favourite mindpower segments back to back in this episode to blow your brains and shake your motivation to trade to the next level.Hear Louise talk on a trading sprint at (50 seconds), discuss a way to increase your wealth habit (at 5.45 mins)  the importance of listening to your inner lunatic (at 9.45 mins) and getting a side hustle (at 14.20 mins)You will love it. 

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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In this episode, we combat the voices of the Impostor Syndrome and overcome the thoughts that you are not good enough. Louise and Michael give strategies to empower yourself and slam dunk the impostor voice once and for all.Louise Bedford and Michael YardneyInspired by Tanya Geisler, we know that the Impostor Complex thrives on 5 LIES.Louise Bedford goes through each lie and Michael Yardney responds to each one to debunk its authority.Here they are: If you have self-doubt you will fail You can’t admit your vulnerability You are not ready It is only a matter of time until you blow it They don’t mean the praise they are just being NICE.And Louise walks through some antidotes to build your self-worth.Firstly...Start with a simple thank you.The Impostor Complex hates the word 'thank you'. Just say THANK YOU to the small triumphs. No need to diminish or put your achievement down in any way.Both sides WIN from saying a simple thank you.Secondly…Seek out constructive criticism on small things which don’t affect your identity.Thirdly and most of all the Impostor Syndrome likes you to be SMALL, ALONE, and in the DARK.Having support is ESSENTIAL to bring yourself out into the light. That is why we bring you free resources at Talking Trading each week to give you access to the best experts in their fields and hear their stories of inspiration.To download your impostor syndrome special report, called The Flourishing Investor, click here: www.tradinggame.com.au/impostorOr to hear Michael Yardney’s property update podcast go to: www.propertyupdate.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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You know that voice: I am not good enough …  or sooner or later they are going to find out I am fraud. That is the voice of Impostor Complex. Hear best-selling authors and experts Louise Bedford and Michael Yardney discuss its impact on your investing and how you can banish it to thrive.IMPOSToR COMPLEXThe Impostor Complex affects EVERYONE.You know that voice… it is just a matter of time until the other shoe drops… or it is just a matter of time until they find out I am a fraud.Or I look more competent than I really am.Everyone suffers from the Impostor Complex and it affects investors achieve their DREAMS.Louise looks at traders and Michael property investors who have given up because of this dark nagging voice.And Louise makes a confession about some of her impostor thoughts and shares some STRATEGIES to overcome them including the quiz put together by the woman who coined the term Dr Pauline Rose Clance.To read more about Pauline Rose Clance and take the Impostor Syndrome quiz, click here: http://paulineroseclance.com/To download your impostor syndrome special report, called The Flourishing Investor, click here: www.tradinggame.com.au/impostorTo hear Michael Yardney’s property update podcast go to: www.propertyupdate.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.
Facebook
YouTube
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Remember the buzz when Oprah came to Australia In 2010? The Opera House, the big O on the Harbour Bridge. Sheri Salata gives the inside story of this whirlwind tour and what it was like working on the most famous show on earth.Louise Bedford – MindpowerJust as Sheri Salata has taken the reins of her life to reinvent herself, Louise looks at regrets in people’s livesAccording to the experts, it is the things that you DON’T DO which lead to soul-crushing regrets.What are you NOT doing in your quest for comfort, safety and control? What opportunities are you not taking up? Sheri SalataIn 2010 Oprah Winfrey came to Australia.Australia went wild.The Sydney Harbour Bridge had an enormous “O” placed on it in Oprah’s honour.Australian celebrities joined Oprah at the Opera House for the filming of live shows.Hugh Jackman flew down a zip line from the top of the Opera House sails to drop onto Oprah's stage.The organiser, the planner of this whole trip was Sher Salata Oprah’s Executive Producer and Sheri shares in this interview just how much she loved Australia and our generosity.She also talks about the single-mindedness necessary to do her job at The Oprah Winfrey show and how it meant she didn’t have space for a relationship in her life.Until now… where she has made room for her feminine energy to find love as she increases the amount of her own self-love.Sheri shows that whether you are a share trader, Executive Producer or any person in the second half of their lives proves what the courage of reinvention brings and that it is never too late.Sheri’s hilarious, touching, inspirational book The Beautiful NO is on sale now. It is what I am giving all my girlfriends. 

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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The Oprah Winfrey Show was the greatest show on the earth and Sheri Salata was its Executive Producer. With front row seats to every celebrity on the planet, Sheri woke up realising she had the career of her dreams but not the life of her dreams and after telling other people’s stories for years she is now telling her own.Louise Bedford - MindpowerJust as Sheri Salata has reinvented herself at post 50 years old, Louise looks at what are some of the good parts of getting older in the markets.  Sheri SalataThe OPRAH WINFREY show was the biggest show on earth.Sheri Salata was its Executive Producer.She was the head honcho, the one in charge of dreaming up all the content and making sure it happened.She had dedicated decades to her dream job, and loved (almost) every minute of it, but had left the rest of her life gathering dust on the shelf.Proving that it is never too late to reinvent yourself as a TV Executive Producer or in any profession Sheri moved to the City of Angels to ‘produce’ her own life transformation.With front row seats to every celebrity on the planet Sheri tells the hilarious stories of star-studded work out classes, an agonising Anthony Robbins seminar and how as Oprah grew in spirituality so did she.Sheri’s new book 'The Beautiful No' is a memoir about her road to The Oprah Winfrey Show and how in the middle of her life she has recreated herself to live the life of her dreams. 

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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This is an X rated episode on why Louise Bedford supports female traders and Chris Tate on men who don’t. Plus Business Coach Maureen Pound’s observations on how many women subconsciously view money.Louise BedfordLouise received an email which said "why do you spend so much time supporting female traders there aren't that many of them anyway".What did Louise have to say ABOUT THIS?To contact Louise email her at [email protected] TateChris Tate’s opinion on female share traders and money managers and why they usually make better ones.  Maureen PoundMaureen has been coaching men and women for 15 years and she sees a definite pattern between the two sexes when it comes to money.Women are much more uncomfortable setting monetary goals for themselves.Maureen says to set your bar high, the glass ceiling may exist but women can also limit themselves. A lot of women still think a man is going to come along and save them.Maureen’s parting advice to women around money: be brave and resilient, fall all the time but pick yourself up and dust yourself off.To find out more about Maureen go to www.communicateforgreatness.com 

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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Chris Tate takes a sweep of the markets with a look at the tariff effect in the USA, the Brexit divorce and the Aussie market. Louise plays the song by Queen Another One Bites the Dust to highlight the power of pattern recognition.Chris Tate – Market WrapTariff Tantrums in the USA are causing uncertain markets and they have performed unenergetically to date this year.Chris looks at the difference between the Asian and American psyche and the reality of the bond market in the USAThe ASX has struggled to hold the 6400 mark as post-election the markets drifted down but there are signs of life in GOLD.Chris tells the opportunities he is looking at and advice to traders this week.Louise Bedford – MindpowerPattern recognition is a key survival skill.The more patterns we can see the quicker we would be able to save ourselves from that tiger hiding in the jungle!  The faster we would have seen that spider ready to bite us when we were one of our primitive ancestors.We are prewired to see patterns.Hear Louise play Queen’s Another One Bites the Dust to hear a pattern that you may not have heard yet. 

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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Welcome back to Perry Kaufman part 2 on the importance of testing and some of the secrets to his success including rising at 4.30am each morning. Louise Bedford looks at marriage 'material trading' and finding the perfect archetypal trade.Marriage Material TradingMake sure the instrument you buy is MARRIAGE MATERIAL.Do you have a checklist?Do you have an archetype?Find an image of that perfect trade that ticks every box and then …. print it out. Perry KaufmanPerry Kaufman’s advice to youngsters is to marry someone smarter than you.And arguably Perry may have done that himself, his wife was a member and floor trader at the Chicago Mercantile exchange. She is a systematic trader and he is algorithmic, and she is perfectly willing to tell Perry that he is out of his mind.We still don’t know who does the household budget but it is a good guess that they have it sorted between them.Perry talks testing systems and how to determine and define your parameters and he also gives his top 3 pieces of advice in the markets.We ask Perry about some of the secrets to his success. Spoiler alert - one of them is that he rises at 4.30am …. every morning!He eats the ugliest frog first each day and his 100-year old mother still manages her own stock portfolio.We also hear his favourite quote which seems suitably perfect for a former rocket scientist and algorithmic trader: "Numbers are like people if you torture them they will say anything."To find out more about Perry go to www.kaufmansignals.com 

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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Go to the moon in this episode with former rocket scientist and renown algorithmic trader Perry Kaufman who took the exponential smoothing of missiles into the markets to determine buy and sell signals. Hear his views of the markets and why he never watches the movie Apollo 13. Louise Bedford looks at your trading Eureka moment.Mindpower – Louise BedfordTRADING EUREKA moments are precious and the relief which comes from them are sublime.Louise explains what happens in the brain when these moments occur and why we should hang on in to experience one. Perry KaufmanPerry began his career on the space program working on the navigation for Gemini which was later used for Apollo missions and subsequently military reconnaissance.He was also incidentally one of the guys who caused the Y2K problem.But even in aerospace they had free time.Perry used exponential smoothing (similar to moving averages) to determine the path of missiles and he took that technique into the markets to determine buy and sell signals.He evolved into a trader, strategy developer and risk manager using algorithmic systems and is a renown and leading expert in the field.In this interview from The Bahamas Perry speaks about: trend following and moving averages why currencies play follow the leader and why when the US raises rates other countries have to follow breakout systems accepting risk as a trader highlights of his time aerospace and why he won’t watch the movie Apollo 13.To find out more about Perry and his prodigious work go to: www.kaufmansignals.com 

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