Talking Wealth Podcast: Stock Market Trading and Investing Education | Wealth Creation | Expert Share Market Analysis How to Know If You’re a Good Trader
Mar 12, 2026
They explore how to tell real trading skill from mere luck, focusing on technical, psychological, and risk-management traits. Conversations cover mastering one strategy, matching methods to your psychology, and avoiding complexity. They stress listening to price action, protecting capital with liquid stocks, and using a self-assessment quiz to check discipline and rules-following.
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Simplicity Reveals Your True Edge
- Complexity tempts traders but often obscures the core edge.
- Pedro explains his cycle of adding indicators then simplifying back to the core rules to find what truly works.
Buying Gear Won't Fix Your Swing
- Pedro tells a golf friend who kept buying new drivers instead of fixing his swing.
- The point is traders also buy 'new drivers' like indicators instead of improving their own skill.
Follow Price Not Narratives
- Listen to what the market is telling you instead of forcing narratives.
- Pedro warns against predicting or rationalising trades with fundamentals when price action shows a different direction.
