Trading For A Living with Rob Booker

Tim and I have known each others for years, and I love this guy. He is so generous, honest, and REAL! I interviewed him for my "Trader Interviews" series, but I wanted to share here because it's just so good. If you want, check out @karmagawa, Tim's charity organization. 

Someone asked me how they were supposed to trade for a living when they were steadily making profit, but not really making a ton of profit. Well, here's my answer!

A day in the life of an FX trader can look totally different depending on the person. I'm talking about those differences today, and sharing what a typical day in my life looks like.

Today we are talking about the FX market, currencies, and lots of great stuff.

In this 7 part series... I'm kidding!  Today I'm talking a little bit about the history of money, and what it means for us today. 

Last week two of my great trading friends (Chris Pulver and Scott Welsh) and I met up with some of my Lifetime Members in Miami.  We talked about longterm charts, memorizing patterns, and so much more!  Take a listen.

Asymmetrical trades are the big ones. The ones that have huge potential. And there are more of these trades out there than ever before.

Scott Welsh joins Rob Booker to talk about the strangest trade he ever took. Rob tells a ghostly tale of a trading account he once managed that mysteriously opened trades on its own! And Scott tells a tale of his early days of robot trading when a storm thwarted his success

Jason Pyles joins Rob Booker and Scott Welsh to talk about the best platform for new traders.

And ... we're back!  In Episode 556 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss how success often comes from setting a goal to do the right things consistently (as opposed to just setting a goal to accomplish some great thing). Rob also talks about having a specific trick or “scheme” that is your job that you do consistently. Andwe discuss the approach of sticking to what you’re best at and exploring it further by looking deeperinside rather than branching out and experimenting with new and unfamiliar methods. Thanks for listening to The Traders Podcast. We release new episodes every Tuesday and Thursday. Subscribe free in iTunes and join us! Links for this episode: Join the new Rob Booker channel on Telegram Messenger here. Follow Rob on Twitter/Periscope for live video of the recording of Traders Podcast episodes here. http://thebookerreport.com

Jason Pyles, the Producer, returns for this episode! We're happy to have him back. Feels just like old times...

We sometimes argue with the market. Well, that seems kinda pointless. Haha. Here's what we can do instead of arguing with the market.

Are great traders born or made? Message me anytime here: https://robbooker.com/message  

When you're starting out in trading, it's important to choose a major. In other words, you need to focus on an area of study, and then dive in. The more focused you get, the more successful you'll be.

My friend Brian Shannon is famous for saying, "Only Price Pays," and he's 100% right. Message me anytime here: https://robbooker.com/message

What's your trading-related obsession? Message me anytime: https://robbooker.com/message

What's the most important element of trading? Message me here: https://robbooker.com/message

Does it matter if you are a trend trader? Send me a message anytime: https://robbooker.com/message

Is a return of 1% per month good enough? Message me anytime: https://robbooker.com/message

I would love to hear from you anytime. https://robbooker.com/message

The one big decision: The decision to be true to yourself, to never lie to yourself about your trades. Message me anytime: https://robbooker.com/message

What movie should I watch next? I'm done with House of Cards. :) Message me anytime: https://robbooker.com/message

Bill Ackman's loss is John Paulson's gain. Message me anytime: https://robbooker.com/message    

How bad do you have to want it? Does the energy behind your desires have anything to do with getting what you want? Message me anytime: https://robbooker.com/message

I'd love to hear what you think, anytime.  Message me: https://robbooker.com/message

I'd love to hear what you think, anytime.  Message me: https://robbooker.com/message

Is there an easy way to trade for a living? Message me anytime: https://robbooker.com/message

Are trading-related forums a waste of time? https://robbooker.com/message

Would you trade live in front of other people?  Send me a message if you're interested: https://robbooker.com/message

If you have suggestions, comments, or a question for the show, write to me on Facebook here: https://robbooker.com/message

To my haters: I love you, anyway.  You can message me anytime: http://robbooker.com/message

I just finished my meetings with traders in Madrid, Spain. I love meeting traders! You can message me anytime here: https://robbooker.com/message

When you're overwhelmed, your trading can suffer. Here's what to do when you're under pressure. Message me anytime: https://robbooker.com/message

It's possible that it Martingale trading (doubling the size of your bet every time you lose) has gotten a bad reputation. And perhaps we should take a second look. My guest today is Scott Welsh, and you can find him online at: http://scottwelsh.me Message me anytime at: https://robbooker.com/message  

Financial freedom is about reducing your expenses, eliminating your debt, reducing the time spent on useless activities, and learning to say no - and ruthlessly prioritize your life. Message me anytime: robbooker.com

You have rights as a trader. And this episode is about those rights. And it's the story of how someone offered me millions of dollars for my business. Message me anytime: robbooker.com

You have rights when it comes to your trading education. And I get angry just thinking about it. Haha. Message me: https://robbooker.com/message

What's my setup for podcasting? Find out in this episode. I'm always happy to hear from you: robbooker.com/message

How do you get an edge in you trading? What if you have a losing system, or a trading system that takes multiple losses in a row? Here are some ideas on how to get an edge - even when your system is losing. Message me anytime: https://robbooker.com/message

How do you write a winning trading plan? In this episode we talk about the most important elements of a winning trading plan, and the mistakes many traders make when writing their plans. Get in touch anytime: https://robbooker.com/message

Today we're gonna talk about not giving a F* what other people think. Send me a message: https://robbooker.com/message

What should you do when you have a bunch of crappy trades? That's what this episode is all about. Send me a message here anytime: https://www.robbooker.com/message

What should you do when your system breaks? That's what this episode is all about. Send me a message here anytime: https://www.robbooker.com/message

What should you do when your system breaks? That's what this episode is all about. Send me a message here anytime: https://www.robbooker.com/message

What would you do if you only had $1,000? What kind of trading system would you use? Today we talk about the Australian Dollar - and an innovative approach to trading economic news. Get in touch with the show here: https://robbooker.com/message