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Short essays on trading from Rob Booker. The basic trade is against yourself. Never let a small loss become a huge one. And other things you already knew.... more
FAQs about The New Traders Podcast:How many episodes does The New Traders Podcast have?The podcast currently has 21 episodes available.
April 28, 202611: Turning pro mostly means cutting the amateur theater.On the gap between looking like a trader and being one, shadow careers, deliberate practice, and the uncomfortable moment when the theater stops....more14minPlay
April 27, 202610: Average habits don't produce above-average returns.On the unpleasant mechanics of competitive fields, the difference between wanting a result and building the routine that produces it, and why 'Can I trade for a living?' is probably the wrong first question....more9minPlay
April 24, 20269: The billion-dollar question, and what it actually answers.On making a billion dollars, whether anyone has done it twice, and why the answer is less interesting than the question....more16minPlay
April 23, 20268: Delegate the parts of trading that make you stupid.On automation, implementation intentions, and the parts of trading where the human in the loop is provably the weak link....more13minPlay
April 22, 20267: Don't rent your conviction from other people.On social pressure, borrowed conviction, and the particular discomfort of holding a trade you don't actually have a thesis for....more14minPlay
April 21, 20266: Your account should not be a democracy.On leadership, governance, and the unflattering fact that most retail accounts are run like unstable coalition governments....more10minPlay
April 20, 20265: Confidence is built, not declared.On self-efficacy, grandiosity, and the quiet compounding that happens when you stop declaring confidence and start building it out of things you can actually point to....more12minPlay
April 15, 20261: The basic trade is against yourself.On greed, process, the disposition effect, and the quietly ridiculous habit of demanding that a perfectly good trade go do something even better....more17minPlay
April 15, 20262: Never let a small loss become a huge one.On loss aversion, the disposition effect, and the deeply unglamorous discipline of refusing to escalate....more13minPlay
April 15, 20263: Trade smaller than your ego likes.On position sizing, overconfidence, and the very common phenomenon of being too big too early — which ruins more traders than bad ideas do....more10minPlay
FAQs about The New Traders Podcast:How many episodes does The New Traders Podcast have?The podcast currently has 21 episodes available.