TalkingTrading

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.

Resilience coach and martial arts expert Michael Licenblat joins Talking Trading to discuss how traders can tap into their innate resilience to conquer the markets. Michael discusses how to develop and ritualise habits and patterns of thinking which enable you to conquer self-doubt and bounce back fast. Michael LicenblatRESILIENCE is an INNATE STRENTH within everybody but sometimes we need help to draw it out and build it up to make it strong and unshakeable in the face of circumstances and when the markets aren’t performing.Resilience coach Michael Licenblat believes there are 6 fundamental qualities which help a person stay resilient.1. DO NOT PERSONALISE FAILURESeparate your worthiness from your trading outcomes and what you learnt along the way. Mistakes are simply the journey to getting things right.2. KEEP AN OPEN MINDAs in martial arts strive to for a black belt but have a white belt mentality. When you remove the ego of I know it all or the fear of I have to know it all then you can progress. 3. OPTIM

In this week’s episode of Talking Trading Chris Tate walks us through the market news of the world. As the boom comes off China and Greece hinges in uncertainty Chris discusses the bi polar nature of markets. Hear how Australia is caught in a sideways move which is neither bull nor bear and join Mentoree Joe Papa in Café Conversations to hear his trading journey and how success has come not by FedEx but by dogged determination.Chris Tate – Market Wrap 29 June 2015China has been the best performing equity market of the year gaining over 40%. But the shine has worn off and the PULLBACK has arrived.Manic energy has turned into panic as people are forced selling.The Nikkei is also dropping as Chris is stopped out of his long position.Meanwhile Greece hinges in uncertainty with its loan repayments and Chris discusses the future of the EU.Australian markets are neither bear nor bull and are caught in a sideways slop. Hear where Chris is looking to make profits and which commodities are trending.Café Conversations –

In this week’s episode of Talking Trading we hear from Trading Game Mentoree Kirsten Stoldt. After taking a break from intensive farming Kirsten tackled the markets to become a successful trader. Hear her journey of trading experiences, her lessons of detachment and how her trading system has evolved to plough the markets of profits. Kirsten Stoldt - from farmer to traderMentoree Kirsten Stoldt migrated from Germany 20 years ago and established a farm in tropical Australia. In 2011 she decided to take on the markets and has built a robust trading system which earns her profits.In both farming and trading there is NO INSTANT GRATIFICATION.Learning detachment and internalising the attitude to have no opinion on the markets has been the hardest thing for Kirsten to master, and working on her psychology and overcoming frustration is still one of her priorities.Hear how Kirsten has learnt to just keep swinging the bat until the profits flow, find out what positions she has on at the moment and the pearls of advice