Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

In this week’s episode of Talking Trading we hear from Anton Destounis who suffered a severe spinal injury and turned to the markets to SURVIVE. Anton turned a hobby into a PASSION and PURPOSE for living that has saved him emotionally mentally and financially. Niv Dagan also tells us what to look for in the next winning IPO, Chris Tate gives his trading quote of the week and Louise Bedford tells us to do one thing each week to improve your trading. Chris Tate Quote – Trading SurvivabilityThe market is a cruel paradox in that you have to survive long enough in order to be profitable.The motto is… keep surviving.  Mindpower – Do one thing a weekEvery great trader has suffered creeping doubts, worries that they wouldn’t excel and fears they weren’t making the money they felt they deserved.You are not alone.This week find one thing that improves your trading and then find one more thing each week. It is only through REPETITION and FOCUS that your results become as big as your ambitions. Anton DestounisLife for this corporate cat became very different when he suffered a severe spinal injury and found himself lying flat on his back every day unable to work or move.The markets rescued him. Not just financially but mentally and emotionally. They became his PASSION and gave him PURPOSE and a means of SURVIVAL.‘A man without a vision shall perish.’ so sayeth the Bible and Adonis has not only learnt to keep his dreams alive in spite of his condition he has learnt to financially thrive. How to identify the winning IPO? – Niv Dagan Peak Asset ManagementIdentifying the next winning IPO can be a risky venture but it can also be profitable. According to Niv there are 5 key questions you should be asking yourself before you press ‘buy’.1.Management - Ask yourself what the company has done in the past, what their future aspirations are and what is their strategy?2. Identifying the Sector - Is the sector hot at the moment and has momentum going forward?3. Scalability - What is the ability of the company to expand and take it across cities and continents?4. Competitive Advantage - What makes your product or service better than others in the market?5. Valuation - Am I paying too much or too little for this business and where is the EXIT strategy for investors?To subscribe to Niv’s morning and afternoon market wrap go to: http://goo.gl/forms/og7q5Z0cYm 

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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Ready to be the pilot of your own life? In this week’s episode property expert Michael Yardney explains the differences between the way the RICH and the POOR think. In fact if all the wealth was re-distributed evenly around the Western world,  in time it would end up in the exactly same hands. This is because the rich think a certain way and believe certain things. Ever noticed that there are no rich victims? This interview shows you how to move your subconscious thinking into financial fluency and being the pilot of your life. Michael Yardney – Metropole Property SolutionsThe RICH Australian thinks a certain way:They are the PILOT of their livesThe CAUSE of their conditions They take RESPONSIBILITY for themselvesThis is in stark contrast to how the average Australian views their world who tends to blame circumstances for their wealth. There is a theory that if all the money was distributed evenly around the western world then it would end up in exactly the same hands.This is because the rich have learnt to think a different way. They have not only become financially fluent they have adjusted their subconscious belief systems to be the pilot and not the passengers of their life. Have you ever noticed that there are no rich victims?Here are some of the stark differences in thinking between the rich and poor Australian:87% of poor people believe you must be intellectually gifted in order to become wealthy whereas only 10% rich people thought that.22% of poor people believed that optimism was important to success whereas 54% of rich people believed it was.82% of poor people believed they were not the cause of their poverty whereas 79% believed they were cause of their financial condition.90% of poor people believed fate determined your wealth whereas only 10% of wealthy people believed so.To find out more about your subconscious beliefs and the property market go to www.michaelyardney.com.au or subscribe to Michael’s blog at: 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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In this episode of Talking Trading Chris Tate gives an in depth look at the end of the bull run in the US and how traders can tackle the current climate. Bull run endings are akin to relationship breakups – they never end gracefully. Chris identifies the problems for traders to watch for in a short market and the share opportunities he is looking at in his charts. Louise Bedford tells us that DESIRE and AMBITION are the golden threads leading us towards to our actions and that we are more powerful than we realize. Niv Dagan, Peak Asset Management - Market WrapWith a 214 point fall on the ASX and then a strong rebound the next day the markets last week were hurly burly.Hear the latest market statistics from Niv and suggestions traders can take to enhance their portfolio.You can sign up for our free newsletter and market commentary, that would be terrific! http://goo.gl/forms/HvstsqJuVBLouise Bedford says: "Niv's views are a fabulous combination of humour and fact. I get his newsletter, and I love his market updates". MINDPOWER – Louise BedfordDesire is the great FIRE in your belly.Every action starts out with desire.Get clear on your desires and they will drag your action in the right direction so you can achieve what you really want in life. Chris Tate – Market AnalysisWhen bull runs end they end with a bust.When the US market started to fall apart last week and China had its version of an epileptic fit Australia was hit and the selling was across the board.Short selling is a specialized skill and Chris points out what traders should be on look out for in short markets and bear climates. He also shares the opportunities his hawk eye is on at the moment and how traders can take profit from the table.   Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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In this episode of Talking Trading Gary Stone from Share Wealth Systems discusses why ETFs are GAME CHANGERS on the world markets. With lower volatility than individual stocks ETFs are like Goldilocks and Baby Bear – they are JUST RIGHT for every type of investor and in Gary’s view should become the backbone of investors’ portfolios.  Plus also hear the beginnings of the bears’ stampede around the world in our market wrap. Market Wrap – Chris Weston Chief Market Strategist IG MarketsThere is a market sell off around the world.The bears started growling in the USA as the S&P 500 finally broke through convincing support levels. Meantime in Australia there is a bloodbath - influenced by both the heavy Asian downturn and market action in the USA that has sent the bears stampeding Down Under. Gary Stone – ETFsWhat do ETFs and Goldilocks have in common?They are just right.Just like baby bear’s porridge, chair and bed were just right for Goldilocks - ETFs are JUST RIGHT for every type of investor and in Gary’s view should be the backbone of investor’s portfolios.With lower volatility than individual stocks ETFs are designed to track the index offering a long-term portfolio view for investors of all categories.Warren Buffet has famously said that when he dies he wants his wife to invest ALL her money into Vanguard’s ETF.So if ETF’s are so effective as a portfolio tool why has Australia been slow on their uptake of them? Only 1% of Australian investors use ETFs compared to 10% of investors in Canada and the USA.Find out in this interview with Gary and also hear which are the most popular ETF’s to use.Gary has also released an ETF strategy called SPA 3 ETF that brings longer-term timing to ETFs. To find out more about ETFs, and pick up a free Special Report on the '5 Smart & Simple Ways to Grow Your Super', click here. Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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This week’s episode of Talking Trading looks at Catherine Robert’s foray into the trading world. Compelled by the pressure of a toxic work environment, Catherine pursued the Mentor Program to provide her with a second income and a new outlook on life. Hear about her growth in personal development, her wins in the market and her amazing meeting of another Trading Game mentoree. Also find out what Louise Bedford has to say about getting out of your comfort zone in Mindpower and where the big money really lies. Catherine Roberts - Trading Game 2014 MentoreeCatherine Roberts grew up thinking that an EDUCATION and A CAREER would make her FINANCIALLY INDEPENDENT.When she found out that wasn’t the case she started looking for options…A toxic work environment was the final shove Catherine needed to enroll in the Trading Game Mentor Program and seek alternative means of income.Knowing she had the skills to become a trader, she has ploughed the markets for over a year winning handsomely in the energy sectors in 2014.The toxic work environment proved to be a blessing in disguise, not only did she meet a fellow Trading Game mentoree in a new job, she has grown in personal development to take control of her life and her financial future. In Catherine’s opinion if you are a successful trader then you are successful in life. She no longer wastes time wishing for things and achieving someone else’s goals, she consciously achieves her own. Mindpower with Louise BedfordDeclare you are ready.Once you declare you are ready options will open up in your life.High achievers are frustrated a lot of the time - being mellow and getting to the top just don’t go together.To get out of your current money zone you have to get out of your current comfort zone. Leaps are required and to leap you have to leave solid ground behind. But once you do, you get used to flying and that is where The Big Money lies.    Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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Celebrity accountant Jason Cunningham joins Talking Trading this week to discuss the similarities between share trading and small business and how to maximize your profits for both. Reminding yourself and your team of the WHY you are doing things and holding fast to your VISION will carry you towards SUCCESS. Hear Chris Tate’s middle name and Jason’s up and coming business boot camp. Jason CunninghamCelebrity accountant Jason Cunningham is passionate about liberating people’s lifestyles.Jason first met Christopher Norman Tate at share trading fair in 1999 - yes that is right Christopher NORMAN Tate. At the time Jason was just a gambler with a suit but Chris Tate taught him the importance of a trading plan and Jason soon became an accounting expert on the similarities between traditional business and share trading. The two biggest are:1. Trading is a simply a business without any employees or clients – which is perfect for Chris Tate, whose favourite motto is:‘If it is meant to be it is up to me.’ 2. Developing a vision and developing a plan to achieve that vision.Jason sees his job as marrying your behaviours of today to be in sync with your long-term ambitions. One Trading Game mentoree had a dramatic shift in his share trading results when he developed a business plan with Jason.On 26th August 2015 Jason is holding a business boot camp on successful business creation. In the room will be 50 dynamic business owners and share traders where the content will focus on business and personal wealth advisory.When: Wednesday 26th August 2015Where: Parkville, MelbourneTickets: $249 fully refundableTrading Game Mentorees: 2 for 1 offer. Bring your bride, partner or business owner.For more information go to: www.thepractice.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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Anthony Ackroyd is one of Australia’s best-known comedians and he features on this week’s episode of Talking Trading on the benefits of laughter and to how find joy in your life. If love conquers all but laughter makes it possible then Anthony challenges us to find the joy in every day life and nurture the humour which is already there leading to more success, health and wealth. Anthony AckroydAnthony Ackroyd is one of the leading comedians of his generation in Australia. He has graced most Australian television channels with his skits, improvisations and impersonations on shows such as The Comedy Company, Hey Hey its Saturday, The Big Gig and Good News Week. At one stage he was so famous he was the subject of a question on The Wheel of Fortune.He is in short – One Funny Guy.Exhausted from fame, Anthony set about applying what he learnt as a stand up comedian to help people as a Clown Doctor and now as a laughter coach.Did You Know? One minute of a good solid belly laugh is equivalent to 10 minutes on an exercise bike for aerobic conditioning and that every time you laugh you release:A hormone which boosts your immune systemDopamine or the reward chemicalOxytocin which makes you feel closer to other peopleEndorphins which make you feel more motivated and inspiredSerotonin which makes you feel more peacefulAnd if that is not enough, the Japanese believe that laughter is spending time with the Gods.Anthony’s favourite motto is love conquers all, but laughter makes it possible and he delivers three tools for creating happiness and laughter:Intention to find more humourAttention – what we focus on growsInterpretation – we learn to see the humour in all situationsAnthony is passionate about people adopting the laughter lifestyle and finding the joy that is actually there in life. After all, laughter is the shortest distance between two people and it is the sound of the soul waking up.To download Anthnoy’s stress less, laugh more ten point plan, or to register for Anthony’s blog The Laughter Advantage go to www.anthonyackroyd.biz  Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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Maria Montgomery joined the Trading Game Mentor Program in 2014 to become a professional trader and in this episode we explore the changes it has brought within herself and her life. Hear how share trading fills Maria’s week and how it has created more discipline and financial literacy. Also hear how realising money is important is the first step in getting a heck of a lot more of it from Louise Bedford in 'Mindpower' and find out what the markets are doing this week with Chris Weston from IG Markets. Market Wrap - Chris Weston from IG marketsThe bears are starting to growl in the US with the S&P down 1.1%.With deterioration also in Asia global equities are losing a bit of momentum.Find out which FX pairs are trending and how the Aussie Dollar is performing. Mindpower with Louise BedfordHave You Got Enough?Money is important and realizing this is your first step in getting a heck of a lot more of it.If you don’t treat something with respect it will slip away out of your life.Your nest egg needs to be bigger than you ever imagined - now is the time stay vigilant- trade well now and reap the rewards for later in life. Maria Montgomery 2014 MentoreeOne year down the track how does a graduate of the 2014 Mentor Program feel about her career?Burning with a desire to trade like a professional Maria enrolled in the Mentor Program.With her weekly trading routine set, her support on the forum guaranteed, the guidance from Louise Bedford and Chris Tate are seared in her psyche.As she has progressed in her market ability Maria has become more disciplined and financially literate. And her journey as a newbie has just begun; there are many years ahead for this bright young trader.To check out the Mentor Program, and get involved in Priority Notification, click here.Over the next short while, Louise Bedford will be releasing some spectacular free training, but only to those registered on Priority Notification. So get that wrapped up now. Register for free today.  Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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Allan Sparkes is a HERO. He is one of 5 recipients of the Cross of Valour, Australia’s highest bravery decoration and the civilian equivalent to The Victorian Cross. It is awarded to people who have risked their own lives to save others. But being a hero came at a cost and Allan suffered severe post-traumatic stress disorder. This is his journey and the power of pursuing a dream to create an extraordinary life. You'll find lots of life lessons and trading lessons in this very special Talking Trading episode. Allan SparkesAllan Sparkes was a policeman in the NSW force for over 20 years. His rescue of a young boy swept 600 metres down a storm water drain turned him into a National Hero.But his bravery came at cost. Years of police work took their toll and after rescuing Jai Gallaway from drowning and seeing two of his police comrades shot down on a night raid he spiralled into post-traumatic stress disorder, depression and the depths of suicide.The strength of his wife and family and the faint dream of sailing the world carried him to London where he boarded a yacht with his family.In the middle of the Pacific Ocean he threw his demons overboard and looked toward the future where he began rebuilding his sense of self worth and creating a new life.This is a journey of one man who went to hell and back and rebuilt himself an extraordinary life. His message to traders: go and do the things the things you want to do because those experiences will live with you every single day of your life.You can read more about Allan's experiences in his book - The Cost of Bravery. A Quick Word from Louise bedfordThis episode may confront you because it deals with topics such as post traumatic stress disorder, death and suicide. If you or someone you know has ever dealt with these issues, I urge you to seek help.Most suicides seem like a shock, but then as time ticks by, friends and relatives of the deceased have their memories triggered. They realise that there were some warning signs. It seems that around 80% of suicide victims mentioned they were considering it. Even if they're not specifically talking about it, there are some behavioural triggers that you need to be on the lookout for. For example, some suicide victims systematically prepare for their own death by putting their affairs in order and making visits to their friends to say their version of 'good-bye'.Statistically, there is quite a high probability you’ll eventually know someone who will commit suicide. It might be someone from your family, or perhaps one of your friends.I urge you to stay vigilant. Be non-judgemental when you confront, but yes, by all means confront, and open up the lines of communication. Risk making a fool of yourself by bringing up the topic. Even risk seriously p#$ing someone off. If you save one life, it would be worth it.Consult a professional organisation such as Beyond Blue for more information.   Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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
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This week’s episode of Talking Trading features a panel of experts on the panic in the Chinese market and the repercussions for Australian traders. China expert Daryl Guppy takes us through the mechanical problems of the Chinese market and how this resulted in the large sell off. He further discusses Australia’s future in the Asia Pacific Region. We also hear Jonathan Barratt’s thoughts on China and the price of iron ore. And finally Chris Tate in his usual style tells us we are one short of the three stooges running amok in the world financial markets. Daryl Guppy – CEO of Guppy TradersChina Expert Daryl Guppy lays out 4 mechanical causes of China’s panic:1)Stocks can only move 10% per day then they get locked limit up or limit down2) You cannot go short on the Chinese stock exchange3) Suspension of stocks from trading which means if you have an open position you cannot get out of it4) Trading is only for 4 hours per day.What is happening in the Shanghai Stock market in not related to the underlying economy. Although we are seeing a slow down in China the economy is still strong and we will be seeing an aggressive roll out of large-scale infrastructure projects within South Sea Asia and possibly the top end of Australia.Daryl tells us what he is doing with his positions at the moment and where to seek the opportunities. Jonathan BarrattJono’s thoughts on China’s market are they are less of a panic when you are a socialist market economy.We also hear about the margin call on iron ore and its drop in price.  Chris TateWhat we are seeing in China is a conflict between an immature market and runaway leverage.Their market lost 3.9 trillion last week in wealth, which is larger than the GDP of every country on earth bar the USA, Germany and Japan.Between China and Greece the two crises in the market at the same time is unusual and is not something Chris would expect to see again in his lifetime. He says we are one short of the trifecta of the three stooges running amok in the world of financial markets.Chris also shares his perspective on the Aussie market at the moment – moribund and stuffed. He tells traders to go and diversify.  Highlights of Talking Trading are also available on Louise Bedford’s Soundcloud.Additional Music by Kevin MacLeod http://www.incompetech.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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