TalkingTrading

Want to hear more from Market Wizard Tom Basso? Tom discusses the psychology of his trading, current markets and the new world he has created at Enjoy the Ride where traders have unique access to the life and trading of Tom Basso.Louise Bedford - MindpowerTRADING IS your gift.Think of your needs being met and you will be welcoming wealth into your account.Trading is the gift you give yourself. Tom BassoIt took Tom Basso 5 years to become profitable in the markets, but every year he lost less money and with every mistake he improved.He kept peeling back the onion….As time went by he learnt that DISCPLINE and SELF AWARENESS were vital in a traders psychology and he undertook exercises to increase his AWARENESS.We discuss current markets as well as the EU.And we talk about the world Tom has created on his website www.enjoytheride.world. - A place to learn, a place to connect and a place to improve your craft.Rather than answering the same trader’s questions over and over he has put them all in a short collection

Imagine being able to hear the specifics of a Market Wizards trading plan?In this episode it becomes real. The legendary Tom Basso walks through the technicals of his trading system and how he makes profit. Louise Bedford reaffirms that trading education is your prize.Louise Bedford MindpowerThe true professional never stops growing and learning.The true win in trading is your trading education so can you repeat the win again and again.Never stop learning about the markets. Market Wizard Tom BassoTom is most famously known as Mr. Serenity in Jack Schwager's Market Wizard series.Now retired from managing client money Tom was president and founder of Trendstat Capital Management, which at its peak handled $600 million worth of other people’s money.Tom Basso shares his view on trend following and drills down into the mechanics of his personal trading systems.In this interview we discuss: Trend following systems and exploiting trends Trading losses and how he views the next trade ENTRY AND EXIT CRITERIA RISK

Trading teaches life skills with mentoree Simon Wray-McCann, Louise Bedford tells you to get ready for success by harnessing your mirror neurons with good visualization and Chris Tate tells you how to measure your trading results. Mindpower Louise BedfordHow are you likely to react if you made a sudden windfall PROFIT?VISUALISATION is a neurological key to manifesting your trading results.Think about how you would respond to making that huge profit? Who would be the first person you would tell? How would that change your life?Once you have visualized your MIRROR NEURONS are fired and they are more likely to repeat that same scenario.So imagine that profit on a really DEEP LEVEL and you will move forward towards that reality. A Little Trading – Chris TateWhat are the success metrics of your trading?    SIMON WRAY-MCCANN Mentoree 2016Simon Wray-McCann is a mentoree of 2016 who came into the Trading Game Mentor Program aware he wasn’t going to be spoon-fed.His journey in the MP and the markets has made him grow

This episode gives resuscitation to your portfolio and psychology as Adrian Reid discusses systematic trading and what makes traders profitable and Louise Bedford emphasises the importance of your trading definition.Louise BedfordMind power  - Your Trading DefinitionMake your trading definition effective because it might determine how long you stay with trading.As a trader your job is TAKE SMALL LOSSES and MAKE BIG WINS.Every year Louise has so many small losses and just a few outside gains.Even the turtles only earned on average from 35% of trades the majority of their profits.It is extremely difficult to be profitable in this game if you are thinking your job it have lots of big wins and only a few small losses.Adrian ReidTraders are a smart bunch of people.But being smart is not what makes you money in the market.Being SYSTEMATIC is what makes you profit.By having good trading habits and focusing on being a better trader THE MONEY WILL TAKE CARE OF ITSELF and your portfolio will grow.In this interview Adri

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

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

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

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 diff

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

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 yourse

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

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

Louise Bedford on gender in the markets and which comes first the chick or the dreg, Chris Tate on how to kick start a small account and Adam Talbot on the little things that make success.Mindpower – Louise BedfordResearch by Harvard sociologist Rosabeth Kanter on her study Men and Women of the Corporation found that women tend to be pigeon-holed in a corporation and typecast into 4 categories:  Mother Pet Seductress Iron Maiden.But the research showed when more women were employed those gender-based differences dissolved.We don’t have enough female traders.In the Trading Game community 30% of traders are female but in retail CFD markets only 10% are women clients.Let’s start encouraging gender equality with trading. Trading has true longevity for people, it doesn’t rely on the power of your body it relies on the power of your mind.It a viable way of keeping money in your twenties and thirties and into old age.This research inspired and encouraged Louise to keep speaking out. She really wants to see you succe

Philip Teo has amassed 30 + top traders around the world for an online trader’s summit so you can hear the best experts talking about their strategies and secrets. Louise Bedford shares the importance of working with a team.Mindpower Louise BedfordHaving the right team around you counts!The people around you are your cheerleaders.Work out who you need so you can be a success because once you are a success …   you drag a heck of a lot of people up that success tree with you.Philip TeoAfter 10 years as a technical analyst Philip began coaching retail traders to impart trading proficiency so the man on the street has a chance of achieving financial freedom.In this interview with Philip we discuss: His trading methodology Instruments and markets he trades His personality style and how he by passed major market mistakes The psychological hurdles which face himFrom 10 September to 16 September Philip is running an online trading summit – a free online event featuring video interviews and presentations.With over 30

Didn’t get a chance to make it to the one-day seminars with Chris Tate and Louise Bedford? Or do you just want refresher tips? Here are some of the key points shared by Chris Tate on how to be a successful trader. This episode will punch through any confusion you're feeling.Mindpower – Louise BedfordStop Procrastinating!To get over procrastination break down that big project into tiny chunks and once you have started you are more likely to continue.SHAME is a big reason people procrastinate. The best way to overcome it is consider the project done and associate good feelings with it.Then truly you will be a high performer.Chris TateWe are treasure hunters ….  but often in the wrong way.Good traders BUY NEW HIGHS.But many people don’t grasp this concept easily. You will never be wealthy buying something that is going down. In Chris’s mind most people are fossicking around in their grandmother’s underwear draw looking for shillings she collected when she was younger while the sensible people and good trade

When a share just goes up and up there is a name for it: A fat tail. Mentoree Doug Dew shares his studies on market probability, fractal geometry and fat tails. Louise Bedford discusses the cost of speculation and the challenges of a small account.Mindpower Louise BedfordHow much equity is required in the markets?The cost of speculation must be worthwhile and trading smaller accounts can throw up some challenges.Hear what they are with Louise.Doug Dew MentoreeExperts are divided when it comes to markets being random or predictable and Mentoree Doug Dew shares his research.In this interview we discuss: The book: ‘A Random Walk Down Wall Street’ and the term 'heteroscedasticity’ The concept of efficient market theory Mandelbrot and Fractal Geometry The Bell Curves, nature and Karl Fredrick Guass Nassim Taleb and his book ‘Fooled By Randomness’ The importance of psychological stamina for long runs of unsuccessful trades The definition of fat tails and what to do when a fat tail comes and how to protect your

Cameron Schwab on how elite coaches build confidence and the advice CEO’s hear.After 25 years as CEO of AFL Cameron Schwab learnt a thing or two about leadership. Hear how got the best performance from his team and the advice he gives other CEO’s. Louise Bedford shares the power of making the implicit explicit.Louise Bedford MindpowerHedy Cohen was a mentoree who passed away from ovarian cancer.Before she died she passed on special journal she wrote to her children. She poured out her heart and the things she would like them to do, the light they brought to the world, and her hopes and dreams for them.Louise does this for her children and Louise’s little girl says it makes her feel very special.That is the power of writing things down.In your own life what is implicit that you need to make EXPLICIT.Cameron SchwabAfter 25 years as a CEO in the ruthless environment of elite AFL Cameron Schwab learnt a thing or two about being an effective leader.Cameron now advises and mentors CEOs and other up and coming leade

Cameron Schwab was CEO of three AFL clubs for 25 years. Hear his unique and personal insights into the world of elite sport and the leadership lessons he learnt. Louise Bedford says to stay true to your best habits.Louise Bedford MindpowerWhat can you do to make your trading more convenient?We are a sum total of our habits and it is up to us to create effective habits.Unless you make trading convenient you will procrastinate. Cameron SchwabCameron Schwab became CEO of the Richmond Football Club at the age of 24the youngest CEO in the history of the AFL.He spent the next 25 years as CEO of three AFL clubs.It was 25 years of intense education in the unforgiving, unrelenting and often ruthless environment of elite sport, where your successes and failures played out in the public forum.Cameron shares a personal and disarming insight into the challenges of leadership in elite sport.In this interview we discuss: How to be an authentic leader Experiencing success early on in your career The art of making good judgme

Scott Neeson was a Hollywood movie executive who lived the lavish Hollywood lifestyle, but after witnessing children surviving on the garbage dumps of Cambodia he quit Tinsel Town and established The Cambodian Children’s Fund. Hear his stories of the most indulgent lifestyles in the world next to the poorest and get perspective on your life and where you are headed. Louise Bedford shares on silencing that nagging voice of doubt.Louise BedfordSilence that nagging voice of doubt…The people who achieve the most in life still posses the same swirling demons and insecurities and sometimes not so private failures.They have just learnt to keep stepping forward.Scott NeesonScott Neeson’s life in Hollywood was magnificent. He earned a million dollar salary, owned a yacht, a Porsche, had A-list Hollywood friends. Cindy Crawford even lived 2 doors down from him.As president of 20th Century Fox international Scott oversaw the release of films such as Titanic, Xmen, Braveheart and Independence Day.But all this changed whe

Skullduggery or just large profit?  The scrutiny of The Royal Commission is set to alter the way big banks do business. Economist Jonathan Barratt explains the major reasons behind the commission and how it will affect the economy, the property market and investors.  Louise Bedford asks you what are your lions and tigers and bears in the market.Jonathon BarrattIn 2017 Malcolm Turnbull ordered the commission to investigate the quality of financial advice in Australia.In recent years the banking sector has exploded into big business. A bank is no longer just a bank, it is an insurer and a broker with fees and commissions designed to keep clients within the loop and the growth has created conflict.  With a culture of fees to dead people, alleged bribes, forged documents, mishandling of people’s money there have been many complaints and questions about responsible lending practices.In this interview economist Jonathan Barratt looks at: How property investors will be affected The Introducer programs and how a tail