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CHAT WITH TRADERS Podcasts

Hello everyone. Last week I wrote a post about trading discipline issues and how I best handle them.

One of the key tools I use to help reinforce good trading discipline is to listen to trading podcasts, especially the CHAT WITH TRADERS podcasts.

The interviews give real key insights into how successful traders approach the market. The host Aaron Fifield is really good at asking traders the questions we would/should be asking if we had the opportunity to sit down with these individuals.

“Aaron’s ability to dig into the process of how his interviewees went from ‘Joe’ to ‘pro’ is unlike anything else out there.” – Craig S

I plan to share a different CHAT WITH TRADERS podcast each week. I believe these podcasts are an invaluable resource and something the Darwinex community can benefit from.

The CHAT WITH TRADERS podcasts cover a number of trading topics that should appeal to both aspiring and established traders/investors alike, including:

- Trading/Investing
- Day/Swing Trading
- Trend Following/Mean Reversion Strategies
- Quantitative Trading
- Technical Analysis
- Fundamentals/Economics
- Market Structure/HFT
- Forex/Options/Equities/Futures
- Probability/Risk
- Psychology
- Personal Development

Finally, I am in no way affiliated to Aaron Fifield or the CHAT WITH TRADERS brand in any way, shape or form. I just truly believe this series is a great resource that can benefit the Darwinex community to help us grow as traders & investors, by learning from those who have been successful in their respective trading pursuits.

Thank you for your time.

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Fun Fact. Darwinex used to be a sponsor of that podcast for a short time. :wink:

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Lol. Yes I actually listened to that episode last week as it goes

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EP 082: How to become the trader you wish you were w/ Morad aka @FuturesTrader71

Morad/FT is a short term Futures Trader. In the conversation with Aaron he goes into detail on how new traders can learn a new skill, how to measure your progress besides PnL, how to remove attachment to the outcome, and how Morad uses a regressive risk management strategy.

Morad also highlights the importance of edge and your ability as a trader to execute on said edge.

Great insights from both a technical and psychology standpoint.

To listen click here

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EP 064: The casino edge, mean reversion strategies, and how to develop robust trading systems w/ Nick Radge

In this episode Nick Radge discusses with Aaron, Mean Reversion strategies and why they may appeal to certain traders, the importance of trade frequency when developing a system, which then leads into the characteristics of a robust trading system.

Nick also provides emphasis on trying to break and stress test systems through rigorous backtesting – rather than simply trying to develop the “best system”.

To listen click here

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EP 032: How to handle a run of losses & grind through slumps, while keeping your emotions intact w/ Dan Shapiro

In this interview Aaron and Dan discuss the mental and psychological aspects of trading. They discuss some of the darkest moments from Dan’s trading career, how to handles losses and grinds through slumps, trading the setup and not your PnL.

They also discuss standout traits and characteristics that made Dan’s mentor, Mayer Offman such a phenomenal trader. This is a man who would make $1,000,000 during a session, and that was nothing out of the ordinary.

To listen click here

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Aren’t questioning his performance, but performance should always be specified as percentage, not as an absolute value.

With all due respect : with $XX millions at stake, $1M P&L is quite “normal”.

Thanks for sharing :slight_smile: .

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Hi Securix,

No problem at all sharing. Hope you and others find it beneficial in some way.

In regards to specifying performance in percentage I agree with you. It is how I measure my own performance. But in the podcast Dan Shapiro discusses it in monetary terms.

Regards

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EP 070: Specializing, automating, and using stats for high probability trade setups w/ Jeff Davis

Jeff is a day trader who specializes in the S&P futures, and predominately trades a mean-reversion strategy which is built upon data and statistical probabilities.

In this interview Jeff talks about his prop days, risks of being a one-man-business, automated trading, specializing, statistics, and more.

Jeff outlines what all traders should strive for, “It’s not what you add, it’s what you takeaway. Do less, do it better, and do it bigger!”

This interview is one of my favorites. Great insight that really opens your mind to simplifying your process. To listen click here

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A vaguely similar podcast show (250+ episodes) interviewing traders and actors of the industry. The host ask less quality and a bit redundant questions to my taste, but still enjoyable. A bit shorter format than Chat with Traders

The latest update, from a trader I enjoy following on Twitter, practicing order flow analytics through the Bookmap platform, asking himself questions many other trader types do other ways. Different tools, same goal. At least, the tips here are about precise

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Thanks EvidenceAlpha. I will check this out

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Yet again another trading podcasts serie http://alphamind.buzzsprout.com/

The host Twitter account is excellent https://mobile.twitter.com/AlphaMind101

EP 101: Latching onto trends, strategic business moves, and breaking the norm w/ Siam Kidd

Siam Kidd, from Norwich in the UK, is a former-air force pilot, turned retail trader.

Aaron and Siam discuss his shaky beginnings as a trader, his rock bottom moment, and how he trades currency pairs—using a technical-driven approach, with the goal of catching major trends when they happen.

At the end of this interview, Siam poses the rhetorical question “can you get rich from trading alone?” Siam explains why he got into business, and how he went from owning one business to now owning fifteen businesses.

A very enjoyable interview. To listen click here

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EP 028: How to avoid ‘predicting’, the purpose of options markets & the 7 components of profitable systems w/ Andrew Falde

Andrew Falde, left a career in commercial real estate when the Global Financial Crisis hit in 2008 to focus his attention on becoming a trader, working at SMB Capital.

Andrew talks about one common mistake made by many novice traders: Trying to predict the market. It’s unnecessary and potentially dangerous to your P&L. Instead of predicting, think of your trades as a series of ‘if – then’ scenarios.

Andrew provides at the end of this interview an overview of the 7 Steps to System Trading Success; why risk is the most important factor to consider, and why the projected return is not as important as most people think.

Personally I think Andrew’s 7 Steps part of this interview is an invaluable piece of information that will help most traders, whether novice or experienced.

To listen to whole interview click here

To listen to the 7 COMPONENTS part, go to MIN 52:43 of video

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EP 030: The logic of trend following, and how to improve your trader psychology with Market Wizard, Tom Basso

In this episode Aaron interviews Market Wizard, Tom Basso, president of former money management firm, TrendStat.

As Tom started to experiment with trading from a $2000 account, he consecutively lost money for the first few years before things started to turnaround. Tom went from trading his own money, to forming TrendStat and managing other peoples money. At the peak of his career, TrendStat managed $600million dollars of capital.

Tom discusses the ‘ah-ha’ moment that came out of a trade which made 5X his account, and how this forever changed the way he viewed markets.

A very informative interview that shows a pathway from novice to top-tier trader. To listen click here

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EP 120: A crash course in long-term investing—for short-term traders w/ Mebane Faber

Mebane Faber is the founder and CIO at Cambria Investment Management.

Aaron & Meb discuss some simple ways that active traders can capitalize on the opportunity and compounding effect that (somewhat passive) longer-term investing has to offer.

Meb also describes why a written investment plan should be compulsory, to combat emotional decisions and increase accountability. And how to think about portfolio investing goals.

At a time when the Darwinex community is trying to figure out the best way to compile profitable Darwin portfolio’s, maybe this interview can help.

To listen click here

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EP 096: An eight year overnight success story, and a thirst for momentum w/ Nico

Nico is a day trader with a thirst for momentum.

His story is one which many traders will be able to relate to, on one level or another. The short of it is; Nico placed his first trade in 2007, made 4x on his starting capital year one, and then slowly bled his trading account for the next seven years.

He’s now found his groove, but his overnight success was eight years in the making.

To listen to Nico’s story click here

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EP 043: Buying stocks in uptrends, managing risk, and tips for long term survival w/ Jon Boorman

Jon Boorman, currently of Broadsword Capital has previous experience running a trading desk, being an assistant to a portfolio manager, and has also been a prop trader. Now days Jon trades independently while also managing assets for others.

Jon shares the reinvention process he went through and why he began to question his beliefs about markets (and more specifically, the indicators he’d previously relied on).

He discusses why the simplicity of trend following can be both, a gift and a curse. Jon explains this as one of the main reasons why traders can find it challenging to stick with the approach.

Finally, Jon’s provides tips for long term survival, and why you should set goals that are process oriented and not outcome oriented.

To listen click here