Trading Story: Trading Interviews, Tips Inspiration For Newer Traders

Joshua 'Josh' Martinez is a professional forex trader and educator. He's known as the FX Pathfinder at the Market Trader Institute. He's one of the most followed analysts on MarketTraders.com and can also be found at ForexTips.com. Their firm has been featured on CNBC, Fox Business, Bloomberg Television, & FXStreet.com.

So by the time this episode is released, I will be about a week-and-a-half into a new chapter in my trading story.

Here goes…

Nothing too dramatic yet, just something that was a good next step on my personal trading journey.

I’ve been talking it up for a few months now, ever since I launched the podcast back in April. So here we are, August 2015 – 4 months later – and I’ve taken the next steps in becoming a consistently profitable trader.

Sean Emory trades stocks, blogs at The Market Meter, and is responsible for managing over $1,000,000,000. That's billion with a 'B'. His posts have been picked up at Yahoo! Finance, Seeking Alpha, StockTwits, and more. This episode was fascinating because it was a peek into the world of a real-life institutional trader. Helpful to new and experienced traders.

So on the last episode, I had a fascinating discussion with Dr. Gary Dayton. Dr. Gary is a trader with a real-life earned doctor of psychology (Psy.D.) degree and a practicing psychologist specializing in trading psychology. And if you haven’t listened to it yet, I think it’s worth your time.

But it got me thinking about trading psychology even more than before. The fact is, trading psychology is a hot topic in trading circles. Every trading coach, teacher, or mentor I’ve heard from deals with trading psychology. Though most trading coaches are not trained psychologists, most coaches see the value in trading psychology. It’s that important.

So who are these trading psychologists – or those who practice trading psychology?

And who are the best guys who teach psychology in trading?

Brett Steenbarger

Gary  Dayton

Van K. Tharp

Alexander Elder 

Mark Douglas

A few weeks back, I had an email conversation with a newer trader about the podcast. He seems to be getting some value out of this podcasting effort and I’m so glad he reached out.

One of the things this listener shared was a great idea for a podcast. He was interested in how these experienced traders managed their time. And that is a great question to ask some of these traders.

But before I delve too deeply in these traders’ lives on how they manage their time, I thought I’d throw out a few ideas that I’ve been using personally as I’ve been ramping up my trading again. Take em or leave em, but they seem to be working for me.

Boris Schlossberg is the managing director at BK Asset Management. He has over 20 years of trading experience. He's the author of several books, one of which was "Millionaire Traders: How Everyday People are Beating Wall Street". 

In episode 43, I spoke with Jon Frohlich about proprietary trading at Maverick Trading. In Episode 29, I spoke with Mike Bellafiore about another proprietary trading firm, SMB Capital. So we’ve been covering this area a few different times. And I think it’s an important area for newer and aspiring traders.

In episode 43, I spoke with Jon Frohlich about proprietary trading at Maverick Trading. In Episode 29, I spoke with Mike Bellafiore about another proprietary trading firm, SMB Capital. So we’ve been covering this area a few different times. And I think it’s an important area for newer and aspiring traders.

So talking with Bruce Bower got me thinking about the title of his book: Peak Performance Trading & Investing.

“Peak Performance” is sort-of a buzz phrase in personal development circles. It’s closely related to a couple of other terms in psychology that many trading psychologists have picked up on like “in the flow” or “in the zone”. Mark Douglas, a trader whose name has become synonymous with trading psychology entitled his book “Trading in the Zone”. And that book is probably the most famous of all trading psychology books.

Hello again – and welcome to this week’s more personal update on the Trading Story podcast.

This week’s episode is going to be a little different from previous episodes. This will not be a tutorial about the market. This will not be a reflection on previous episodes – sort of like the flashback episodes you’d get on every 1980’s comedy we used to watch with the screens fading from present to past.

Nope, not today.

This week’s episode is an ask for the interested podcast listeners who are trading.

A little background if you will.