TalkingTrading

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

In today’s episode hear Chris Tate on his trading system and short-term trading. Hear more tips and tricks Chris uses for cash-flow in the markets and what you should be looking for to pull profits. And Louise Bedford beckons you towards the sweet treats that wait if you pursue your trading education.Chris Tate – Short-Term Trading MagicHere are some key points from our interview:The fewer F’s I give the more money I make.Chris Tate has a T-shirt with this emblazoned on it and he is thinking of getting mugs as well.  It sums up his emotional detachment for the markets and his trades.Treat trading like a game and you will make money.Treating it like a game and playing releases you from the seriousness and attachment of the markets and means you are more likely to make money.Trading compared to TinderRegard all your trades as TINDER DATES.Keep swiping until you get one that looks ok.Archetypal Trade.Every trader should laminate their perfect trade and hang it up near their computer.Once you have a template you

You are here to CREATE not to be bestowed. You are not waiting for permission. Give YOURSELF the permission to go ahead and create. Ali Brown is one of the worlds most recognised female entrepreneurial coaches. Listen to this second part of her interview with our very own host of Talking Trading Caroline Stephen. Plus, hear another fascinating Mindpower from Louise Bedford on trading for a multi-millionaire. ALI BROWNYou are here to CREATE not to be bestowed.You are not waiting for permission.Give YOURSELF the permission to go ahead and create.These are some of the pieces of advice Ali Brown gives in part two of her interview - from nowhere to self made millionaire.We also look at how risk is the new norm and learning to adapt. Craving something extraordinary and getting out of the ordinary and seeking out people who will help you grow. After all you are the average of the 5 people you hang around the most.Hear the inside scoop on the Forbes 500 women’s summit and how Ali walks out different every time she at

Want to hear a rock star in the international business-coaching world? This Talking Trading episode is for you. Ali Brown is one of the worlds most recognised female entrepreneurial coaches. She's an angel investor, and a speaker on women’s business leadership. But guys don’t tune out. Her money scripts and journey to the top is universal. Plus, hear another fascinating Mindpower from Louise Bedford on how you need to get used to failing.ALI BROWNAli was living in New York in her twenties.She went to withdraw $20 from the ATM but her balance was $18.56.What did she do?Ali Brown got out there. She knocked on doors. She showed guts.She started an e-book on line business with 10 people’s names including her mother and her cat. But it worked and she started a following. She shared her knowledge and it grew to today where she now has 250 000 followers and hosts events all over the world.This interview is her journey to becoming a self-made millionaire at age 35 and her journey beyond to becoming one of Americ

In this 'repeat by overwhelming demand' episode of Talking Trading, hear Chris Tate define volatility and why it brings difficulty to traders in the markets. Chris discusses Options and why traders should have volatility valves on their trading plans. Louise Bedford looks at how to stave off depression in Mindpower with a series of questions to ask yourself at the end of each day to move forward in your life. Volatility is not your friendWhat is volatility?Many people confuse it with trend, but it has no direction.It is the speed and magnitude of price movement.Volatility brings noise into the market and trader’s should look for low volatility with the capacity for trend.Options trading is a specialized area because it depends on correct volatility assumptions and having the capacity to map volatility. Chris explains the tactic to make money in Options and why volatility is a lot more complex than people think.So should traders stay and play or should they run in highly volatile markets?Hear what Ch

It is all about the brain in today’s episode of Talking Trading. Dr. Jenny Brockis author of 'Future Brain' talks about challenges traders face for healthy brain functioning and translates neuroscience into practical tools. Louise Bedford shares how her father died of an illness related to dementia and gives 10 steps you can do to build a better brain as you age, which includes trading. BUILD A BETTER BRAIN AS YOU AGEA few years ago Louise’s father died of illness related to dementia.Do you know someone who has dementia?The statistics show either we are going to face it ourselves or as a third party in our lives.Hear 10 things you can do to improve your brain as you age…including making wins in the market.  HOW FIT IS YOUR BRAIN?You know how it is.- You are exhausted from the day.- You can’t think.- Your brain is in shutdown.Neuroscience author Dr Jenny Brockis tells you how to look after your brain so you can think more effectively and clearly. She translates the complexities of neuroscience into p

Chris Tate on the shady side of things he has seen in the finance industry over 30 years and Louise Bedford on intuition. Mindpower - ProcrastinationUsually Louise would say that procrastination is the language of the poor.Procrastination is one of the key differences between the way the rich and the poor think. But also consider procrastination in terms of intuition.If you are experiencing a feeling of dread about a decision or trying to silence a nagging voice of concern perhaps it is your subconscious trying to give you a warning.Allow your intuition to be heard.No one will ever care about your money as much as you do. Chris TateBack in the 1980’s Turbo charged sales rolesDrug and alcohol fuelled meetingsFront running client positionsThese were some of the things rife within Broking Houses.Think Wolf of Wall Street.Brokers with too much money, too little education and no supervision.It takes someone on the inside of the industry to know what the industry is like, what has changed and what hasn’t. Hear stor

Boost Juice CEO Janine Allis on the rainbow of culture around the world and key habits to running a global business. Louise Bedford - MindpowerConsistencyIf there is a single goal every trader should have experienced and novice alike it should CONSISTENCY.Your personal development trading goal should be to become consistent and approach trading with clarity and mechanical detachment.Consistency can only be achieved over time.Trading should be monotonous and steady and if it isn’t you need to improve some aspect of your attitude or system design. Janine Allis CEO Boost JuiceBoost Juice is the idea that went around the kitchen table to around the world in just a few years.Imagine walking down snow covered cobbled streets in Estonia and seeing the opening of your new store.Or walking down London’s High Street and seeing people with your product in their hands.Or sitting in Saudi Arabia in a room of men in long white dresses and signing a deal for stores around their country.These are Janine’s europhic moments.Bo

Janine Allis CEO of Boost Juice on her idea from a kitchen table to a global empire. Janine AllisBoost Juice started as an idea around a kitchen table.It is now a global empire spanning 13 countries and 500 stores worldwide.Last year the company earned a profit of $250 million. And in the past year over 30 million people have sipped on a Boost Juice.Janine left school at 16 and didn’t get formal business qualifications, but she knew she would be successful.After backpacking for 7 years, she came back to Australia as a single mum in her twenties and after swinging between jobs, she opened her first Boost store in Adelaide.A little while later she opened her second and third and she was soon on her way to being the being fastest growing franchise in Australia. Boost Juice went from 0 to 100 stores in 4 years and after two years the business was making 2 million dollars a week.What qualities make a leader for Janine? What qualities does a CEO in her position admire?First and foremost be yourself… and then add le

If you ever wanted to hear how Chris Tate trades… this interview is for you.In this interview we hear first-hand how he conducts his trading simultaneously with both long and short-term systems, one to build wealth creation and the other to build cash flow.This is a rare opportunity to hear Chris speak candidly about different time frames on the markets and how he places his trades. And in Mindpower, Louise Bedford challenges you to create one success habit this week. Chris Tate – Short term Trading MagicWant to earn cash flow from the markets?Want to put dinner on the table as well as build up your equity account?You have your weekly trading system down pat… here is the icing on the cake to put money in your back pocket.Here are the definitions of short term trading.Short term trading is NOT day trading.Short term trading follows a trend to the end.Short term trading uses a shorter time frame to generate an entry.Short term trading adds diversification to your portfolio.Short term trading will give you CASHF

Louise Bedford has traded both daily and weekly trading systems. Which one is the best for you? Jonathon Barrett gives a global markets update and Niv Dagan talks all things trading. Jonathon BarrettThe US economy is starting to slow down, and with a hawkish statement by The Fed on interest rates, there could be a recipe for profit-taking.Oil has come under pressure as Nigeria and Libya continue to produce, Opec cuts don’t seem to be working and the US continues with its own reserves. Louise BedfordDo weekly trading systems outperform daily?Louise shares some of her 30 years experience in the markets.In a daily system you won't be able to catch long-term trends and pyramid into a position. However, for the experienced trader there are still gains to be had.There are more transaction costsUnless you develop your skills, daily charts are noisy and it is harder to see the overall trendIt's possible to overtrade. Niv Dagan – Peak Asset ManagementPeak Asset Management is a boutique investment firm based

Market Wizard author Jack Schwager has released a new book - a 700-page epic on all you need to know about the futures market. In this interview, we take a look at the key attributes of the futures market, the great debate between fundamental and technical analysis, what makes a good trend follower and the key attribute of the market wizards. Louise Bedford - Trial and SuccessDo you feel like you have been through the wringer?Have you had hard times that just don’t seem fair?You are not alone.If you scratch the surface of any leader you will find battle scars.Successful people have often emerged victorious only after being through the tough times. If things haven’t run smoothly for you…take HEART. You are probably on track. Jack Schwager - Futures MarketJack Schwager has written a new book - A Complete Guide to the Futures Market Second Edition.Complete with charts and analysis this 700-page reference guide has been created so investors can make informed choices about the markets and approach them with a real

In today’s episode, we talk with speaker Khoa Bui on the lessons he has learned from leading entrepreneurs. We discuss 'The Compound Effect', the benefits of the weekly rhythm register and improving your strengths. We also hear which are Khoa’s favourite books on personal development. Louise Bedford asks, "Could the perfect trader be an intelligent moron?" How clever do you have to be to trade the markets? Khoa BuiSuccess is the little things you do each day which accumulate your greatness.In this interview with Khoa Bui we take at look at The Compound Effect and other lessons learned from entrepreneurs, his favourite books on leadership and key lessons in personal development, wealth management and relationships.In this interview we discuss: The Compound EffectThe weekly rhythm registerThe importance of cash flow,Improving your strengths,Four degrees of actionKhoa Bui is a writer, speaker, entrepreneur and CEO of www.youberelentless.com, a site dedicated to providing entrepreneurs help on

In this week’s episode, educator, coach and mentor Ben Harvey talks about systems, habits, everyday-discipline and living your love. Louise Bedford discusses loneliness in share trading and how to move beyond it and Chris Tate answers 10 questions on the markets in a quick quiz. Chris Tate - Market QuizHear 10 questions with Chris Tate on the markets including his best and worst moments trading and when even he got distracted placing a position. LOUISE BEDFORd - MindpowerWhen Louise started trading in the markets she was on her own.She had no family support and didn’t know any other traders, there was no-one to talk to about the markets.A lot of us start out like that.Fight your way out of your loneliness.Define it first and work out the scaffolding and the baby steps required to move beyond it.A world of friendship awaits you in the Mentor Program. Ben Harvey - Authentic Education Part 2Feel controlled by bad habits?Seeking to change your mind but don’t know how?As Warren Buffet said:‘The chains of habit are

In this week’s episode of Talking Trading hear how to cultivate a wealth mindset with Benjamin Harvey. Change your mind with these wealth blueprint strategies, which will lead you towards Financial Freedom Town. Chris Tate gives a wrap of the markets and what is trending. Chris TateChris takes a quick look at how the US, the European and the Australian markets are performing.Hear what he has his eye on and where he looking for opportunities. Ben Harvey - Authentic EducationWe have roads inside our minds.Roads we drive down repeatedly.Want a different life? A life where you are financially free and you have all the wealth you deserve?Ben Harvey has some secrets to share on how to create new roads inside your mind to get you to financial freedom town.In this interview hear:How to control the emotions of fear, guilt and greedThe importance of finding a purpose for wealth and reasons its distributionThe Law of Diffuse MotivationWhy our nervous system can only take 10% fluctuations at a timeHow our money imprints

We are rational when it comes to investing our money aren’t we?Statistically proven no we are not. Terrence Odean is a pioneer and authority in the field of behavioral economics and its applications to equity investing. He put the empirical data on trading proving we make crazy decisions with our hard earned money. In this interview Terry discusses the deadly sins traders predictably make and how he helped turn modern economic theory on its head.  Louise Bedford also tells you her early money story and asks you yours.Terrence OdeanTerrence Odean one of the finest minds in the world on behavioral economics.Up until 20 years ago modern financial theory was dominated by the idea that people are rational when it comes to money.But Terry put the empirical evidence on equity investing and proved that people aren’t rational.He analyzed the trading records of hundreds of thousands of individual investors and put the statistical data on the issues in trading.In today’s interview we discuss some of the deadly sins of t