A TRADER'S LIFE

A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.  Here we go, delving into the mind with performance coach Stephen Desborough. Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.  Here we go, delving into the mind with performance coach Stephen Desborough. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

So we’re all pretty familiar with terms like head and shoulders, double bottom and double top. But are you familiar with these more esoteric patterns like bearish butterfly and tapering wedge? My next guest Ian Coleman lives and breathes this stuff. He often posts his marked up charts on Linkedin and I’ll often sit there studying them as if I were in a gallery before an arresting landscape. Ian’s been in the trading game for donkey’s years. The past 15 years, he’s been trading on his own and writing for FX Street. Before I bring Ian on, if you’re enjoying the show, do please subscribe and check out the YouTube channel for interviews on video.Ian and I got together in March 2024. I hope you enjoy the conversation as much as I did. ==Boost your performance levels in front of your chartsI was looking for a way to boost my energy levels, without resorting to more coffee, tea or snacks, when I came across Magic Mind. This unique energy drink comes in these handy, little bottles and works like a shot. You knock it back in a gulp or two and it boosts your energy for the next few hours without any of the usual downside of coffee or tea. Nice taste, too. Close to passion fruit, but not at all sweet.I tend to have my usual coffee in the morning then take one of these little Magic Mind bottles around midday - to carry me through the afternoon session.Grab your Magic Mind discount and help A Trader's Life while you're at itGo to: MagicMind.com/atradreslife put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off your subscription, or 20% off a one-time purchase.  And if you don’t like it, you can write in to the company and they’ll give you your money back. Give it a go!Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

I think most of us who have been trading even a year can agree that managing risk is more than half the battle when it comes to making consistent returns in the markets. That was va clip from my conversation with veteran trader Ian Coleman. Ian mostly trades forex, occasionally the indices. In this episode we talk about the kinds of patterns and correlations he looks for. Why he prefers swing trading to intraday and his own quiet obsession with the markets. Check out the full episode on A Trader’s Life. I think you may find Ian’s wit and modesty quite charming. I know I did.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported. My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back. Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.==Boost your performance levels in front of your chartsI was looking for a way to boost my energy levels, without resorting to more coffee, tea or snacks, when I came across Magic Mind. This unique energy drink comes in these handy, little bottles and works like a shot. You knock it back in a gulp or two and it boosts your energy for the next few hours without any of the usual downside of coffee or tea. Nice taste, too. Close to passion fruit, but not at all sweet.I tend to have my usual coffee in the morning then take one of these little Magic Mind bottles around midday - to carry me through the afternoon session.Grab your Magic Mind discount and help A Trader's Life while you're at itGo to: MagicMind.com/atradreslife put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off your subscription, or 20% off a one-time purchase.  And if you don’t like it, you can write in to the company and they’ll give you your money back. Give it a go!Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported. My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back. Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Shoot for the skies as a day trader or bypass leverage altogether and aim for a 10% return investing in stocks? Writer and investor, Will Nutting, prefers the latter. For one thing, it gives him more time to travel around the world exploring investing possibilities of ten overlooked by the mainstream. Will runs a successful fund, also Nuttstuff, a newsletter which he describes as ‘No nonsense, common sense, stock ideas and conclusions.’ Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But he passionately hates gambling and wanted to introduce some fresh transparency and genuine education to the trading world. So, a few years ago, Zack van Niekerk teamed up with a man who does trade and together they created The Trading Cafe and The Trading Academy. If you haven’t yet managed to be consistently profitable in your trading, or you’re looking for some new ideas to pepper into your strategy, I highly recommend you stick around. ==Boost your performance levels in front of your chartsI was looking for a way to boost my energy levels, without resorting to more coffee, tea or snacks, when I came across Magic Mind. This unique energy drink comes in these handy, small bottles and works like a shot. You knock it back in a gulp or two and it boosts your energy for the next few hours without any of the usual downside of coffee or tea. Nice taste too. Close to passion fruit, but not at all sweet.I tend to have my usual coffee in the morning then take one of these little Magic Mind bottles around midday - to carry me through the afternoon session.Grab your discount from here and help A Trader's Life while you're at itGo to: MagicMind.com/atradreslife put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off your subscription, or 20% off a one-time purchase.  And if you don’t like it, you can write in to the company and they’ll give you your money back. Give it a go!NicTalking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But he passionately hates gambling and wanted to introduce some fresh transparency and genuine education to the trading world. So, a few years ago, Zack van Niekerk teamed up with a man who does trade and together they created The Trading Cafe and The Trading Academy. If you haven’t yet managed to be consistently profitable in your trading, or you’re looking for some new ideas to pepper into your strategy, I highly recommend you stick around. ==Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round. I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat. ==Links to find out more about Alla and her workWebsite:https://fibinstitute.com/Youtube Channel:https://youtu.be/MNYPEFb2esQ?si=pqQy90jJKP-hs19U Alla's students' performance, from beginner to hedge fund trader on all instruments and all platforms:https://fibinstitute.com/fibonacci-trading-institute-student-performance/Podcasts with Alla's students:https://fibinstitute.com/student-podcasts/Student reviews:https://fibinstitute.com/fibonacci-trading-institute-reviews/==Looking for a prop firm with less stringent rules for evaluation?I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day. So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with TradiacHere are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial. https://go.tradiac.com/auth?ref=traderslife Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round. I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception. Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round. I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Just as some people are good at long distance and some are more suited to the 100m, some traders prefer scalping, while others prefer the higher time-frames. Alex Spiroglou has decided he fits in the second group. He prefers spending his time studying technicals and likes to take his time before entering and closing a position. Slow and steady wins the race, you might say. Alex is also the Founder and CEO of SMART Trader Systems. To quote his website: 'his vision is to create a small, strong, Spartan-like, professional trader hub, whose members are willing to share ideas , techniques and motivation, because they realise that teamwork stands in the heart of great achievement.' ==Looking for a prop firm with less stringent rules for evaluation?I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day. So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with TradiacHere are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial. https://go.tradiac.com/auth?ref=traderslife Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Just as some people are good at long distance and some are more suited to the 100m, some traders prefer scalping, while others prefer the higher time-frames. Alex Spiroglou has decided he fits in the second group. He prefers spending his time studying technicals and likes to take his time before entering and closing a position. Slow and steady wins the race, you might say. Alex is also the Founder and CEO of SMART Trader Systems. To quote his website: 'his vision is to create a small, strong, Spartan-like, professional trader hub, whose members are willing to share ideas , techniques and motivation, because they realise that teamwork stands in the heart of great achievement.' Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

A few days before Christmas 2023 I got together with Tomasz Nogowski, a Polish trader who has picked up a Scottish accent after living in Scotland for a number of years. Tomasz is the first trader I’ve had on the show whose first career was spent working long hours in a kitchen as a chef. You might think this is irrelevant background information, but as Tomasz himself noted, his life as a chef - serving up his best food at speed in a steamy kitchen - has served him very well trading the lower timeframes. ==Looking for a prop firm with less stringent rules for evaluation?I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day. So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with TradiacHere are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial. https://go.tradiac.com/auth?ref=traderslife Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Trader Tomasz Nogowski talks to me about how he came to realise he could apply some of the skills he developed as a chef to his trading. Perhaps not surprisingly he’s a scalper. Fast and furious is how he likes it.  Listen to the rest of our conversation from the episode alongside this trailer. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

One of the most familiar questions we hear successful traders being asked is, "How did you achieve consistent trading success? " South African tader, Robert, J. van Eyden has written a book aiming to tackle that question in some detail. I got together with Robert at the end of November 2023 to glean some lessons from him that might help traders get to grips with that word 'consistent'.   Keep in touch and subscribe.==Looking for a prop firm with less stringent rules for evaluation?I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day. So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with TradiacHere are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial. https://go.tradiac.com/auth?ref=traderslife Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

One of the most familiar questions we hear successful traders being asked is, "How did you achieve consistent trading success? " South African tader, Robert, J. van Eyden has written a book aiming to tackle that question in some detail. I got together with Robert at the end of November 2023 to glean some lessons from him that might help traders get to grips with that word 'consistent'.   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Female traders are like a rare breed in a jungle full of males. Trader Anne Rossignol describes herself as an adrenaline junkie. She trades almost exclusively crude oil and is brutally honest and humble about her failures and achievements.  Explore A Trader's Life on YouTube.Keep in touch and subscribe.==Looking for a prop firm with less stringent rules for evaluation?I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day. So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with TradiacHere are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial. https://go.tradiac.com/auth?ref=traderslife Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts   Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.

Female traders are like a rare breed in a jungle full of males. Trader Anne Rossignol describes herself as an adrenaline junkie. She trades almost exclusively crude oil and is brutally honest and humble about her failures and achievements.  Explore A Trader's Life on YouTube.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.Link up with me on Li.