TalkingTrading

How does Classical Chartist Peter Brandt determine trade quality and entry?Hear how he views the charts and the common errors new traders make. Louise Bedford discusses our caveman survival instincts when we are battling either a losing trade or a sabre-toothed cat and Chris Tate talks A Little Trading.Chris Tate – A Little TradingStarting with a low amount of money in the markets?Chris shares his knowledge on how to make it grow. Louise Bedford – Caveman TradingA losing trade OR a sabre-toothed cat?Our instincts remain the same.To attack - to be risk-taking.The golden rule of share trading is to keep your losses small and let your profits run. But our evolutionary survival makes this easy in theory but hard to follow in practice.It is our job to overcome it as traders.Hear how our caveman DNA affects your trading. Peter BrandtFor Peter Brandt a really good pattern in the charts is obvious.They are few and far between.But new traders tend to replay similar mistakes.Just as Picasso or Rembrandt went through di

Hear Peter Brandt’s views on cryptocurrencies – their potential and problems and why he calls himself a trading asset class agnostic.Peter Brandt – Classical ChartistPeter Brandt has been trading the market for over 40 years.He calls himself a trading asset class agnostic.If a market is tradable then he trades it. And he sees Bitcoin as just another market to trade.So is Bitcoin a phenomenon or a down trending market?For millennials it is neither, it is bordering on a religion. Bitcoin could be the early stages of a revolution in commerce or, as we hear in this interview, Bitcoin could also just be a pile of dead fish.There a lot of structural problems with cryptocurrencies and their introduction to the world of commerce. In this interview with Peter, we discuss the issues around transactional value, hacking and volatility as well as the potential of the distributed ledger technology.Your 'why' will drive you - Louise BedfordYou don’t need to suffer from lonely trader syndrome.Hear who was Louise’s

Understand Bitcoin and blockchain technology and how it fits into our world.Bitcoin  - Michael NewAt the end of last year Bitcoin mania hit the markets.With a parabolic advance on its price action a single Bitcoin became worth nearly $20,000.Whilst its price has now dropped, the buzz about cryptocurrencies and their place in the world remains.Are we in a sea of change in the monetary markets or is this all hype and mania?The toothpaste is out of the tube and the experts are divided.In this episode of Talking Trading learn the basics of Bitcoin and blockchain technology. Hear about its origins in the famous White Paper by Satoshi Nakamoto and understand the peer-to-peer technology of blockchain and its distributed information. Find out whether it is safe, how it fits with other cryptocurrencies and whether blockchain technology is here to stay.What is your trader’s code? - Louise BedfordWhat are the rules that you live by so you will survive the markets and thrive?What is the code that governs how you behave i

Kickstart the year with energy and enthusiasm in Talking Trading’s first episode for 2018. Motivational speaker Chris Helder discusses the power of adopting Useful Beliefs and Louise Bedford tells you to catch yourself if you fall. Chris HelderYou are feeling down.Despondent, discouraged, even angry.The last thing you want someone to say is ‘just be positive’.Sometimes it is hard to just think positively…it doesn’t always work.Try something much more practical…adopt a USEFUL BELIEF.Create beliefs which support and improve your reality.For example you had the parents you were supposed to have, even if they weren’t perfect, especially if they were far less than perfect.What did you learn from them? What did you decide without a shadow of a doubt that you would never replicate?Truth in life is not nearly so important as PERCEPTION.Here is another secret.Your brains like to keep you safe. They like to keep you in a comfort zone.But a comfort zone gets boring and leaves you unfulfilled. The wealthy, the happy, the

The best of our special guests this year.It’s the finale of the year.Come and relive the highlights from our special guests in 2017.What did Wall Street legend Victor Sperandeo say about the World Debt?What did Jack Schwager say all the Market Wizards have in common?What were billion dollar CEO’s Janine Allis views on leadership?How did mountaineer Patrick Hollingworth feel when he stood on the Rooftop of the World?Come and be ready to feel inspired as we walk down memory lane.From all the gang at Talking Trading, including Caroline Stephen, Chris Tate and Louise Bedford – Merry Christmas and Happy New Year.We’ll be back next year on 31st January 2018 – ready to bring you the latest about the markets, and more interviews with top traders from around the world. Know someone who would love Talking Trading?Show a friend how to register on www.talkingtrading.com.au so they can share in your passion for the markets. If you’re serious about taking your trading to the next level, don’t leave it to chance. Head over

Chris Tate walks around the markets in 2017 and tells you where the cash was made for trend followers. Louise Bedford asks what questions would you ask the most successful trader... stay tuned for your must-listen-to Talking Trading episode. Louise Bedford - MindpowerThe questions you ask reveal who you are.Just imagine you have the opportunity to have lunch with the most successful trader you can think of.What would you ask? Top performing markets in 2017 - Chris TateIn the USA this year we continued to see the juggernaut that has built momentum post the GFC.The Dow is up 22% SP 500 is up 17% and the Nasdaq is up 28%.The US is in the reverse part of the cycle that Australia is in. In the US all money has gone into equities and not real estate. In Australia, all its money has poured into real estate investment and none has gone into equities.In Australia the ASX was up 5% for the year, however, the index doesn’t give a true picture of what is happening. Out of the 200 stocks, 148 had a positive return.In Hong

US stocks continue to rise but the macro picture is awry. Greg looks at what is happening behind the scenes with The Fed, quantitative easing and consumer credit. Bitcoin is the word on everyone lips and gold could be a coiled spring. Hear Greg’s macro analysis and where he is looking for profit. Louise Bedford tells you to look deep in mindpower. Greg Weldon - US EconomyThe US macro economy is out of alignment.Quantitative Easing saved the day for the US market but how long can it last?Greg looks at US stocks going up on NO VOLUME, how The Federal Reserve is walking a tightrope and what raising interest rates means to the debt.What does all this mean in the macro big picture?BitcoinThe word everyone is talking about at the moment.Will it ever substitute gold or silver as real money and where does it fit in the big picture?GoldWhy Greg is calling gold a coiled spring and what he is seeing in the charts for it since 1999 to now.AustraliaThe day after the ASX hit a 9-year high Greg spoke to me on Aussie stocks.

Famous trader and financial commentator Victor Sperandeo, also known as Trader Vic, on the world’s political trends and what the central banks have done to the major economies of the world. Victor SperandeoAre we living in a Tulip Bubble?Trader Vic takes us through his economic view of markets around the world.What are the world’s political trends?Why are they the key to making money?Why have Central Banks in the world pushed the envelope and created a MIRAGE where not a single price in the world is honest?The system is unsustainable.The creation of debt with low interest rates is unsustainable.The markets are going up day after day, but on no volume.  People are buying into hype and air, but there are no fundamentals. Just like Tulip Mania during the Dutch Golden Age.What could burst the bubble?A geopolitical event or a bankruptcy of a major pension plan?Hear Victor’s market predictions.We also talk about his book Cra$hmaker A Federal Affaire – A Novel, where the villain is the chairman of the Federal Reserv

Victor Sperandeo spent his teenage life playing poker in his neighbourhood in Queens.His fascination with numbers led him to Wall Street where he worked as an options trader before establishing Rand Management Firm and Ragnar Option Corporation.Within 6 months Ragnar was doing more volume than any other OTC options firm in the world.As well as trading independently Victor also traded on behalf of other legendary names such as George Soros and Leon Cooperman.But even legends make mishaps and in 1984 Victor deviated from his own money management guidelines.He was short the market and did not cover, the next day the market opened higher.It cost him a million dollars.In Victor’s mind ‘The key to trading success is the emotional discipline.’  His three principles in the market are preservation of capital, consistency, and speculation with profits.In 1987 Victor famously predicted the market crash in Barron's magazine a few weeks prior, which earned him the title Trader Vic the Ultimate Wall Street Pro.  He sa

Redundancy can put your life in turmoil, but this week we look at how a mentoree used a redundancy plan to recreate her life anew with more control and flexibility. We also hear from Matty White and his trading over 29 years and Chris Tate gives us the latest in the markets. Market Wrap for week ending 10 November 2017The US markets continue to perform and the All-Ords are at a 52 week high over 4 successive weeks.Hear the latest in the markets from Chris Tate and where he is casting his eye for trading opportunities. Facing the Future with HopeRedundancy is one of the easiest levers for management to pull for cost-cutting and often has nothing to do with a person’s performance. But its effects can be devastating to a person and their family.Hear how this Mentoree made a redundancy plan 6 months beforehand complete with a checklist.Her plan took the emotion out of the process and twelve months onward she had moved entirely out of her comfort zone and created a life which is financially on par but with time, f

This episode looks at the power of the Trading Game Mentor Program for two traders and the difference in their results. Con Bochrinis was an experienced trader going into the MP but there was an odd and confronting lesson awaiting him before he turned his trading results around. Adam Talbot learned the importance of a clear archetypal trade and keeping the support of traders around you. And Louise Bedford will ask you if you are sharing your vision with those you love. Con BochrinisCon was an experienced trader going into the Mentor Program but there was an odd and confronting lesson before his trading results turned around.Louise and Chris prompted Con to self evaluate how he was trading.He was trading his emotions.The news was affecting Con and he was cutting his trades short because of  subconscious emotions. If he had of stuck to his mechanics he would have been in more profit by 23%.Con is very disciplined in his trading now. Hear his trading week, his 3R profitability and how trading gives time, profit

In this episode we hear part 2 of Michelle Duval from Fingerprint for Success and the entreprenaissance and self-awareness of business leaders of the world. And Louise Bedford awards a gold star and a demerit. Michelle Duval Fingerprint for SuccessPart Two‘If you think you are too small to have an impact try going to bed with a mosquito’. Anita Roddick CEO Body Shop.Your mosquito can have a significant impact.In this interview Michelle discusses that when you know your unique talent and awareness of your life’s purpose you can really make an impact on the world.We are living in an entreprerenaissance - an era where individuals are coming together to use business for the good. An era where self-awareness is prevalent in the business and thought leaders of the world.In this interview we talk about core values, embracing your uniqueness, finding your purpose and the people who are aligned with you and commercial sustainability.https://fingerprintforsuccess.com/ Louise Bedford - MindpowerA Gold Star and DemeritTh

Want to know how entrepreneurial leaders think? In today’s interview we talk to Michelle Duval from 'Fingerprint for Success' to discover the attitudes and quotes of the world’s most successful entrepreneurs. Also, hear why the excuse "But I'm Tired" doesn't cut it as a reason for not learning about the markets. Michelle DuvalMichelle Duval is a pioneer in the field of professional coaching and led a groundbreaking study on the attitudes of some of the world’s most successful entrepreneurs.We discuss the attitudes of entrepreneurial leadership she has observed in over 20 years of coaching and her following favourite quotes on success.“The only place success comes before work is in the dictionary.” - Vidal Sassoon.“The question I ask myself like almost every day is, 'Am I doing the most important thing I could be doing?'”  - Mark Zuckerburg“It is hard to visualize someone as a leader if she is always waiting to be told what to do.” - Sheryl Sandberg COO Facebook.“If you

In this episode we explore our notions of FUN and PLAY and power of finding novelty with best-selling author Ian Bogost. Plus hear from Louise Bedford in her Mindpower segment about how it might be in your best romantic interest to employ a cleaner. Ian Bogost – Author of ‘Play Anything’Do you remember that feeling of exploring something new and revelling in the delight of the unknown?Author Ian Bogost suggests that this is real FUN - the discovery of something new and novel.And it requires work and effort.To play a game of tennis or have a night out with your friends you have to do the work and commit to the experience and activity. It is not simply pleasure – it is the deep process of mining or extracting something new.That is FUN.We have come to misunderstand that fun means enjoyment without effort.That doesn’t mean if you watch 10 hours of Netflix you can’t enjoy it. … but be serious about your sloth. If you are unpacking the dishwasher look carefully at what you are doing with deep attention to the task.

In this episode of Talking Trading, peak-performance trading coach extraordinaire - Dr Harry Stanton - explores the book The Slight Edge by Jeff Olsen and discusses how more traders can use it to bring success. Plus, hear from Louise Bedford as she explains that trading is the gift you give yourself. Dr. Harry StantonMillionaires have all mastered one secret.They all understand the power of the slight edge.What is the slight edge?It is the triumph over the mundane.Simple productive actions repeated consistently over time.Successful people understand the power of the slight edge… unsuccessful people do not.As traders you are always to be more, grow more and have more. But in reality very few people are not living up to their potential. We look at why don’t more people use the slight edge? The simple things in life are easy to do but they are also not easy to do. Successful people and successful traders use discipline. The results between success and failure are subtle, sometimes you can’t see or recognize it d

In this 'must listen to' Talking Trading episode, you'll hear accountant Jason Cunningham and trader-extraordinaire Louise Bedford on the magic of meeting people face-to-face to expand your wealth. Plus learn about the importance of doing what you love so that you'll live your trader's life. Networking Secrets of the WealthyBeing a trader or a business owner can be very isolating.It can feel like you are working in a vacuum and stuck in your habits.Sometimes just getting out the door and meeting like-minded people is all the difference you need for success.“You will be the same person you are today in 5 years except for the books you read and the people you meet.” Zig Ziglar.By surrounding yourself with like-minded entrepreneurs and traders you are providing yourself with synergy and support. The magic of meeting people face to face has the potential of expanding your world and your wealth.If you set the intention to attend some events over the next 12 months then you won’t be stuck a

Hear Terry Tran interviewed on what the markets have given him and the way he invests. Plus, listen to Chris Tate on a wrap of the markets and the latest opportunities for you.Chris Tate Market WrapThe US market got stage fright end of last week as the man babies of North Korea and The States threaten each other, while gold is currently slipping.Oil continues to be static as its relevancy as an industrial element is being questioned while the pound has been strong against its counterparties.Hear which opportunities Chris is looking at this week.Terry Tran Part 2Kayaking with hump back whales.Swimming with manta rays.Shark caging in South Africa.These are some of the things Terry Tran has been able to do because of trading.The share market has given him FREEDOM.After learning from some of the best investors in the world Terry is a leading fund manager.We look at some of the psychological hurdles holding traders’ back and some of Terry’s biggest trading errors – overleverage, letting tax drive his decision maki

Hear what Terry Tran learned from Warren and how he sifted through the misleading from the authentic information in part one of our interview with him. Terry TranHow many traders have had advice first hand from Warren Buffett?Today’s guest on Talking Trading is one of the very few who have.Terry Tran’s family were the original boat people.  They escaped the war in Vietnam and came to Australia in a wooden tug.Terry’s 22 year-old Mum took on a day and a night time job and learnt English in between.Although Terry grew up in the heart of gangland territory in Cabramatta NSW his refugee history made him determined to not to waste his life. He studied hard, earned good grades and worked in banking.But a high-income salary was not enough. He wanted freedom and time.He sort to learn about the financial markets and eventually his hunger led him to authentic teachers and none other than Warren Buffett himself.Hear what Terry learned from Warren; how Terry sifted through the misleading from the authentic information in

We honor the passing of a great lady in this week’s episode of Talking Trading. Dawn Bolton-Smith, aged 87, was the matriarch of technical analysis in Australia.  With a career spanning 50 years, she was the first technical chartist to be employed by the Australian Stock Exchange. Dawn’s passion for charting broke through barriers and her reputation for calling markets correctly was legendary. She helped inspire Louise Bedford and led the way for a generation of women in the markets. Dawn Bolton-SmithThree years ago Louise Bedford asked me to interview Dawn Bolton-Smith for Talking Trading.She described Dawn as share-trading royalty, the pioneer of technical charting in Australia. As life would have it, Dawn lived around the corner from me and we instantly became friends. Dawn and I would sit for hours viewing charts, looking at directional movements, resistance lines and price action for the day. The markets were her living breathing passion.She would always say to me ‘A person who can read charts is the mos

In this interview with Chris Tate, we hear what are accurate expectations of a short-term trading system and how much cash flow it can bring. Louise Bedford talks about taking responsibility for where you are in life and your trading education. Chris TateThat is the thing about trading… No one is ever going to ring you up and say:‘You have made too much money, STOP MAKING SO MUCH MONEY.’Short-term trading adds diversification and cash flow to your portfolio.However, there are realistic expectations for a short-term system.You can only get what the market will give you.You may buy the Aussie dollar for 79c but you are not going to sell it for $7.90. You can’t a have a life changing return from short-term trading. It is not designed for what a long-term system does.You need to have to have the right tool for the right job.In this interview with Chris Tate, we also talk about back-testing and how human bias can creep into the analysis, renaissance technology and Jim Simons, and the psychology of traders who make