Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

Travel the world whilst trading forex with Etienne Crete a swing forex trader who shows how much freedom traders can have, Louise Bedford tells you to reframe losses in your mind and Chris Tate shares on underwater equity curves.How hard can it be? MindpowerBefore you start trading you think how hard can it be?But losses can feel hard and sometimes they feel more important than those big wins.Reframe those trading losses. A Little Trading – Chris TateWhat is an UNDERWATER EQUITY CURVE and why is it important?   Etienne CreteSwing Forex Trader Etienne Crete lives the life style a lot of traders would like to live.Etienne trades Forex whilst travelling the world.Life for this Gypsy Trader is interesting to say the least. Combining his two passions travelling and trading he has a lot of stories to tell.With a backpack, computer, hard disk and a journal Etienne ventures into foreign countries and trades to maintain his life.Firstly he trades forex so he isn’t restricted to different time zones.But there are still many more challenges such as access to wifi, being lost or travelling in countries where it is illegal to trade.He has found it particularly important to have STRUCTURE and a morning trading routine wherever he is in the world. He spends his morning trading and then goes about his day adventuring, exploring and meeting people.His advice to people is to break down your goals and make sure you surround yourself with the right people. If you want to be a successful trader surround yourself with people who are already there will make you travel faster.To find out more about Etienne go to: www.desiretotrade.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.
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Want to generate multiple income streams? Michael Griffiths has created money in shares, property and business and in this episode he shares how. Louise Bedford tells you to visualize your future and Chris Tate discusses the difference between short term and day trading.

Michael Griffiths

There are questions every investor needs to ask.

By following Robert Kiyosaki’s Pillars of Wealth Principle Michael Griffiths has created wealth in all three areas property shares and business.

As Michael says: ‘If you want something different to happen – take control.’

So what is the difference between someone who is successful versus someone who is not?

Decision-making.

Successful people make a decision and act on it while unsuccessful people complain.

Don’t be a person who just sits. Michael doesn’t always get it right, but through his mistakes come the opportunities to learn and get it more right.

To learn how to generate more referrals from your business go to:

www.michaelgriffiths.com.au/plan

Or to find out more about Michael go to www.michaelgriffiths.com.au or Michael Griffiths on any social platform.

 

Mindpower – How Far Should You Visualize.

Louise doesn’t visualize too far in advance.

Try a five-year period. Think about the year 2025 and what do you see when you wake up in the morning.

Can you picture it with clarity?

Set aside time each day to visual and let that leads you.

 

A Little Trading - Chris Tate

What is the difference between day trading and short – term trading.

 

 

 

 

 

Trade like a pro and understand the psychology of addiction and reinforcement in the markets with Louise Bedford. Proprietary trader Richard Jackson shares his trading journey and about when the markets clicked and he saw The Matrix. MINDPOWER - LOUISE BEDFORDNear-miss PsychologyThere is a HUGE difference between gambling and trading.However, there are addictive aspects to trading.Two of the biggest reasons are is 'Near Miss Psychology' and 'Random Reinforcement' can inspire some sort of addiction to the markets.Where is your behaviour in relation to this psychology? Richard Jackson - Jackson CapitalIt took 5 years before Richard Jackson felt competent in the markets.But once it clicked, it became like seeing THE MATRIX.He became confident and disciplined and the results were all on the upside.But he had almost quit.After borrowing $30,000 from his girlfriend and losing it in the markets, Richard could have given up.Instead, he learnt how to trade properly.He devoured over 30 books, found a mentor, and applied what he learnt over years until he had honed his art.As an expert trader he is the founder and owner of the proprietary firm Jackson Capital. Richard discusses how he started trading, which instruments he trades, and realistic returns people can expect.He also discusses traders' lessons in behaviour and psychology and the importance of finding mentors to teach you the lessons it would take you years to figure out on your own.As an experienced EA writer, Richard also gives his opinion of ALGORITHMIC TRADING and his 180-degree swing from writing 'algos' to believing a human being can interpret a market and chart better than a machine.  

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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LinkedIn

What goes on inside your head when you trade? Here is a take on trading psychology you won’t want to miss. Trading Coach Andrea Wylan shares how consistently successful traders think. Chris Tate discusses the risk/reward ratio and Louise Bedford tells you to trade what you see. MINDPOWER - LOUISE BEDFORDTry this time management tip ‘Twice the Pace”.If you are a podcast buff, absorb more information quickly by listening to it at DOUBLE SPEED.Simply double tap the screen or look for the 2X button and you can make time x 2. Chris Tate - A Little TradingWhat is an equity curve and why is an equity curve important?   Mark CreedonTIME is your most valuable commodity.On a professional level, time is money.So how do you master time so time doesn’t master you?If you don’t appreciate the VALUE of your time you can never expect anyone else to value it.Limiting beliefs may surface in yourself but the results are in the delivery. Advice has an intrinsic time value and if you buy something cheap, you don’t value it as much, therefore you must charge accordingly for your time.Money is a tool to enable you to craft a work-life balance.Mark discusses action planning and sprint planning, taking a task and breaking it down into 8 steps. He also runs through the concept of target timing and the power of racing yourself to get things done.To help you kick your goals, Mark is offering listeners a one-page cheat sheet The Red Monkey Master Mind Goal Generator at www.redmonkeycoaching.com/tradinggameAs an added bonus, here is a is a short video to walk you through how to use The Goal Generator step by step:http://www.redmonkeycoaching.com/goalgeneratorTo find out more about Red Monkey Coaching go to: www.redmonkeycoaching.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

What goes on inside your head when you trade? Here is a take on trading psychology you won’t want to miss. Trading Coach Andrea Wylan shares how consistently successful traders think. Chris Tate discusses the risk/reward ratio and Louise Bedford tells you to trade what you see.

 

Chris Tate - A Little Trading

Risk/reward ratio and why it is a useful metric for post-trend analysis.

 

 

 

 

Mindpower - Louise Bedford

It is so important for a trader to be objective.

When you trade make sure you trade what you see, not what you think you see.

Often, we can distort our views and convince ourselves of something that is not actually real.

 

 

Andrea Wylan - Trader and Trading Coach

Andrea works with traders to help them move through the transition from losing money to making money and trading consistently.

Trading success is about your psychology and mindset and one of the keys to trading success is how you talk to yourself.

If your wife abused you, called you a loser or hopeless, you might consider getting a divorce, yet unsuccessful traders speak to themselves like this all the time. A successful trader speaks pragmatically. They say ‘Let’s look at where in my system I erred, what can I do differently next time?’

The way we treat ourselves in our mind is key to our success. Look at yourself as another person and get clear on how you are talking to yourself.

Trading is similar to driving under the influence. As traders, we trade under the influence of our psychology, our subconscious, our traumas and there is a conflict of the conscious and subconscious mind.

Traders need to scrutinise themselves as much as the markets.

Andrea’s goal with her clients is to heal the emotions that are blocking them rather than using discipline to control them.

Being successful in the markets means you have done the inner work.

To find out more Andrea go to: innerworkscoaching.com

or www.andreawylan.com

 

Growing up homeless on the streets of LA, Tiffony Jacobs knows how tough life can get. In part 2 of my discussion with Tiffony, you'll hear about the tools of transformation she used to become the writer of her own life’s cheques. Also, Louise Bedford asks "What is your quiddity?" Mindpower - Louise BedfordWhat is your true essence or what is your QUIDDITY?Are you living in line with your true values?As a trader what is your quiddity, do you follow your stops and written trading plan?  Tiffony JacobsAs a Freedom Writer and advocate for financial literacy, Tiffony shares the values which inspire her and make her tick each day.In part 2 of her interview we discuss the following:JournalingAs a Freedom Writer, not surprisingly, Tiffony advocates that everyone journal.Journal writing is planning your life through thoughts. It is a place where your true heart can out and over time you see your growth and evolution through the pages.ResilienceBeing resilient is the ability to recover quickly from difficult conditions.Stick to what makes you passionate, if you believe you can do it there is no amount of trying that makes you a failure.GoalsA dream without action is a tragedy.Tiffony writes down her goals every week. If she has an idea she writes it down, then makes a plan to find the resources to achieve that goal.TransformationWhat inspires Tiffony the most is the process of transformation.Having a goal, being laser-focused to achieve it and doing everything necessary to achieve it.MentorshipDraw a picture of the quintessential you and from there you will be inspired to meet that person one day.Then find a mentor.Someone who knows better and has done better. Find someone to mimic and duplicate.Final Piece of AdviceThe world doesn’t listen to poor people.Save, protect and grow your money.To find out more about Tiffony go to:www.howmoneyworks.com/tiffonyjacobsOr email Tiffony at:[email protected] 

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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LinkedIn

This episode is a UNIQUE opportunity to hear one of the famous Freedom Writers, Tiffony Jacobs, who grew up homeless on the streets of LA and transformed her life of underprivilege to now passionately speaking publicly and advocating for financial literacy. Many people would call Tiffony a hero, and on this same theme, Louise Bedford shares on being the hero in your own life. Mindpower - Louise BedfordBe the hero of your own life.We all feel fear. Don’t try and push it away, move forward with it.You are the hero of your own life, it is your turn to step into the light.  Tiffony JacobsTiffony grew up on Skid Row.She often slept on concrete pavements, stood in lines for food stamps and wandered the streets of LA with all her clothes in one bag.It was a desperate and desolate childhood.But all that changed when she met the inspirational teacher Erin Gruwell.Gruwell gave her students the gift of books and reading, buying novels out of her pay packet and inspiring them to rise from underprivileged and create lives of opportunity and empowerment.Gruwell organised activities for the students like meeting holocaust survivors and suggested each child write down the stories of their backgrounds in a journal. It became a source of solace and empowerment and soon the journals were published and the children famously became known as the Freedom Writers.Gruwell’s captivating story has been caught by Hollywood in the movie Freedom Writers starring Hillary Swank and Patrick Dempsey.Today Tiffony is a public speaker and a passionate advocate of financial literacy. She is educating herself and creating her own pillow of financial security so she never has to sleep on concrete pavements again.Hear her inspiring story in this week’s episode.To find out more about Tiffony go to:www.howmoneyworks.com/tiffonyjacobsOr email Tiffony at:[email protected] 

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

Mandi Pour Rafsendjani continues her interview on how to overcome self-sabotage. What is the lone wolf syndrome, how do you allow other people and yourself to be fallible, and how to improve your trading 1% at a time? Louise Bedford shares on conquering your inner critic and Chris Tate looks at the difference in psychology between someone with a small versus large account.Mindpower Louise BedfordConquer your inner critic.Strategies to de-tooth that voice inside your head and those nasty whispers and hear the empowering statements Louise uses in her own head to move forward.Give it a shot, Bring it on, It is a done deal, You have got this Louise, Next A Little Trading Chris TateWhat are the differences in mindset between someone who a trades small account versus a large account?   Mandi Pour RafsendjaniMandi continues part 2 of her interview on how the great trader can grow up in the markets and overcome self-sabotage.In this interview we discuss: Looking at the market environment and not being tough on yourself when the market isn’t suited to you trading strategy. The importance of having a good team around you. The lone wolf trader syndrome. Learning to have empathy for yourself and other people and allowing people to be fallible. How to create the framework to raise the bar on your trading performance. What the traders who are succeeding do versus traders who don’t? Looking at the 1% improvement in your trading and how you can reduce mistakes little by littleFor free resources, a list of courses and the chance to book in with Mandi for a free 30-minute assessment go to www.tradingpsychology.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
Twitter
LinkedIn

Understand your trading psychology at the deepest level with trader, trading psychologist and trading coach Mandi Pour Rafsendjani who gives fascinating insights into childhood self esteem, trading errors and ultimate success in the markets. Louise Bedford shares on the principle of serendipity.Louise Bedford - MindpowerSerendipity is a very real principle.Don’t shy away from working hard in a particular area.If you haven’t had that area bear fruit yet it could come from a completely separate source.It might be all of your hard work and effort are not rewarded directly but some other side hustle comes up.The harder you work the luckier you get.MANDI POUR RAFSANDJANI“Trading is the journey to self-mastery awareness.”  Mandi RafsanjaniTrader, trading psychologist and trading coach Mandi Rafsendjani gives the real reasons why we fail or succeed in the markets, where emotional and self esteem blockages lie and how you can overcome them to be an effective trader and make money in the markets.  Mandi shares how the great trader can grow up.In this interview we discuss: Why traders really start trading and how to deal with emotional distress in the markets The 5 most common trading mistakes How much time it takes to master the art of trading How to build your trading self esteem How the markets are really a journey to grow up and become adults Why a lot of traders DON’T want to look in the MIRROR Why traders don’t get back on the horse after a losing streak Why trading losses lock into childhood patterns of self- esteem and worthiness.To find out more about Mandi go to: www.tradingpsychology.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
Twitter
LinkedIn

Pick up time management and business skills in this episode with Mark Creedon from Red Monkey Coaching and hear how to be more organised and productive through your day.  Plus Louise Bedford shares her view on your calendar and organisation.Louise Bedford – MindpowerYour calendar shows what you value in life.If you can’t point to the things in your calendar, then you are not really prioritising them. Your calendar is your accountability buddy.Without an effective calendar routine you will never live the life you deserve.Mark Creedon - Red Monkey CoachingMark shares on how to be more motivated, organised and productive in your business.In this interview we discuss: Be a finisherFinish what you say you said you would do because the golden business principle is:FORTUNE IS IN THE FOLLOW THROUGH.And take small steps on your action list - CHUNK IT DOWN. If you have too much on your list you will be overwhelmed. Cash flow follows your calendarTime management is about PRIORITY MANAGEMENT.The best way to get onto time management is to put your time in dollar terms.Then you will spend your time on the most FUND FRIENDLY tasks. Then lock these things into your calendar it will direct your cash flow.Golden business principle:  Time is money and IF I DON’T VALUE MY TIME NO ONE ELSE WILL. Getting the right people on board.Hire your team so they are DIFFERENT FROM YOU.Golden business principle: you want someone whose strengths are your weaknesses. If you are part of a team you can go further. Biggest interrupters to our time are phone and email.We have to not let these two beasts control us.Golden Business Principle: Create a set time to answer emails and phone calls.People ring because they want something from you because it is there priority but is it yours.For a FREE POWER CHAT with Mark go to the contact page at: https://calendly.com/redmonkeycoaching/check-in 

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