Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

What traits do the successful exhibit? Dr Tim Sharp aka Dr Happy hears inside the minds of achievers every day and he shares some of the recurring habits and traits that carry people to the top. Louise Bedford shares on which quotes capture her imagination and Chris Tate discusses how to kick start a small account.Louise Bedford MindpowerFind out which quotes inspire Louise Bedford and why.  Chris Tate in A Little TradingLearn how to kick-start a small trading account.  Dr Happy Part 2Psychologists have found time and time again that successful people tell themselves things on a daily basis.They exhibit recurring habits and patterns of thought.Here are some of them discussed by Dr Happy in this interview:1.Get started even though you might failThe author Jodi Picoult said, “You can edit a bad page, but you can’t edit a blank page”.Successful people are able to just do.2. Plan for obstacles not failureSuccessful people know that obstacles will arise so they master skill sets that prepare them for the worst.3. Know your intelligence typeHistorically we have focused only on IQ but there are many forms of intelligence.Find your own intelligence and work best to define that.4. Be open, curious and willing to learnThe wisest people realise they don’t know much at all and successful people are on the look out for what they don’t know.5. Forget your competitionThe successful focus on those things that they have control.6. Never Forget why you startedSuccessful people look for meaning and purpose.Go back to what you were passionate about when you were younger and look to your heroes, they represent something in you.To find out more about Dr Happy and The Happiness Institute go to:www.drhappy.com.auLouise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Dr Tim Sharp on positive psychology and the habits of the happy and successful. Louise Bedford on what habits your children are modeling from you.Louise Bedford  MindpowerWhat habits are your children modeling from you?How much screen time and social media are you engaging with? How well do you greet your spouse when they come through the door?All these questions to prod your awareness.Dr Tim Sharp"Happiness depends on ourselves." AristotleWho doesn’t want to feel that little bit happier?Positive psychology is a new movement focused on techniques to make you thrive, flourish and be successful.  It asks what is going right with you so you can bring out the best in yourself.People who take responsibility for the parts of their lives they can control are known to be happier, have more self-efficacy and confidence.What habits are happy people are known to exhibit?1) Appreciation and gratitude and actively looking for the good things in life2) ActionAction breeds confidence.The best time to start something was yesterday but the next best time is today.The most successful people JUST DO THINGS REGARDLESS OF HOW THEY FEEL3) MinimalismIf you haven’t used it in 90 days – am I going to use it the next 90? If not consider chucking it.In this interview we discuss the Stoics, Frederick the Great, and Frank Dearn.For more on Dr Happy and The Happiness Institute go to: www.drhappy.com.au Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

This interview is a rare opportunity to hear market legend and entrepreneurial genius  Anthony Saliba on his business crusades around the world, his personal insights into sport, fitness and family and how his last name literally means 'Crusader'.Louise Bedford MindpowerHow are you making your wealth?Do you invest in the three pathways that lead to affluence:business, shares or property or are you tied someone else's dreams?Market Wizard Anthony SalibaAnthony Saliba was born on the wrong side of the tracks. His father was a carpenter who came home with swollen hands and pumped gas at night.It taught Anthony his work ethic and by the time he started trading it was his 27th job. By age 25 he was a millionaire. Tired of mentoring his clerks to trade 5 years later at age 30 he was ready to leave the trading floor and create the first trading simulator.In Lebanese Anthony's surname literally means 'Crusader'.  And he has lived up to his name crusading around the world helping to establish electronic trading and options  training in exchanges all around the world.At one stage he had residences in Sydney, Kuala Lumpur, Paris, Madrid, Frankfurt,  Chicago all at the same time. Building businesses is his lifeblood.With some of his entrepreneurial exit points of over $100 million Anthony sees himself as a builder of ideas and businesses.His wife complains he never stops thinking but he continues to dream and think  anything is possible.How does Anthony keep fit? What is his favourite sound? Why does he treat his staff so well?Hear these inner fascinating insights from a market and entrepreneurial legend.If your trading feels like running on a treadmill — sweating, pushing, but going nowhere — it’s because you’re missing the right system. Louise says: "I’m offering free 30-minute calls to rip the brakes off your trading. Spots are limited. Fill out the survey at survey.tradinggame.com.au." Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Hear his life defining moments and how he caught butterflies and played the xylophone of the markets. Also hear from Louise Bedford about whether you should enter new trades.Louise Bedford MindpowerWhen should you consider pulling back from the markets and not enter new trades?Answering this question could just make the difference for you. Anthony SalibaFamously the only options trader to be featured in Jack Schwager’s Market Wizards, Anthony Saliba had earned $8-9 million by the time he was 30 years old.There were a few defining moments in Anthony Saliba’s early trading career. The first was as a frogman in the freezing Indiana water.After completing an accounting degree that he describes as ‘boring’ Tony entered a paddle boat race as a frogman at his university.In the freezing water he got his first job offer in a small firm in Indiapolis. But he decided that the pay wasn’t good enough and he asked who made all the money in the industry? The answer was the guys on the floor.But his boss told him he was never going to make it.He said to Anthony ‘You are too small. That is a big person’s game. You are just a little guy.’It was a life defining moment for Anthony. He became a floor broker in the Chicago Board of Trade.His start was rough one. He lost nearly all of $50 000 capital and whilst feeling despair he was forced to re-evaluate the way he was trading.  So he paired back his risk to where he made a tiny amount of money every day and in doing so he earned the nickname ‘One Lot’. Only after learning true discipline and shaking away false confidence, did he gradually increase his risk and by the time the ‘87 crash came he was the man who had the all the calls.He was famous for his butterfly spreads, mastering how they breathed.  They would be like playing a xylophone going up and down the scale playing the rhythm of the market.He rolled up his sleeves on floor trading by the time he was 30.If your trading feels like running on a treadmill — sweating, pushing, but going nowhere — it’s because you’re missing the right system. Louise says: "I’m offering free 30-minute calls to rip the brakes off your trading. Spots are limited. Fill out the survey at survey.tradinggame.com.au." Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Chris Tate sets out the reality of full time trading and what sets his financial thermostat and Louise Bedford shares how to handle a windfall profit.Chris TateFULL TIME TRADING is an easy thing to say but a difficult transition to make. And whilst full time traders are internally directed there are a couple of things to watch out for before taking the leap.1.Under capitizationThere is an old Wall Street saying “Scared Money Never Wins.’If you are dependent on the next trade to put food onto the table you are going to generate a host of errors along the way.2. StructureHow do you structure you time, your day, your finances? How do you pay yourself?Boring things like this have to be worked beforehand because once you have made the move - it is too late.Chris’ advice:  Have big goals with money – and with good grace of hard work and all your ducks lining up you will achieve them.How does Chris set his wealth thermostat?The markets are the facilitator of the life he wishes to lead and his inspiration comes from the knowledge that money buys him experiences and freedom; it is only dependent upon his effort.Louise Bedford - MindpowerHandling an unexpected windfall profit that exceeds your expectations can be tricky.The learning that comes about from making a huge profit can be just as painful and revealing as the learning that comes about from a loss.If you have a win, the most important thing to do is REWARD YOURSELF.You must create a feedback loop where your subconscious seeks further rewards.Caroline Stephen - Who Am IGuess this trading legend in this Who Am I segment.I'm loving bringing this show to you. The feedback has been phenomenal.Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Mentoree Bob Mitchinson demonstrates the power of a support group for trading results, Chris Tate on which markets are trending around the world, Louise Bedford on make a will for goodness sake.Market Wrap - Chris TateThe US is seeing a juxtaposition of some markets moving to all time highs and others hopping from one foot to another.Meanwhile the Australian market has attempted to push to a new high and got within a hairs breath of 1650. In commodities the energy complex is moving but does it have anything to do with the Gordian Knot of Middle Eastern geopolitics or not?Hear which softs are trending and what Chris has his eye on for this week.Mindpower - Louise BedfordWhen did you last look at your will?Are you absolutely certain that it reflects your views and opinions?Louise is watching as relatives are fighting for a will. The best way to protect those you love is to create a will that reflects your wishes and the legacy you were hoping to create can create a ripple effect into the world.Bob MitchinsonBob has logged onto the Trading Game forum a record number of 1875 times.He has been trading for nearly 9 years and is a SELF FUNDED RETIREE - keeping his superannuation afloat and maintaining an income flow.He makes good use of his life since being an engineer and travels with the profits he makes from the markets.His favourite part of his journey has been meeting the people involved in the trading fraternity. But Bob insists that other traders help him more than he helps them. His advice to other traders is that trading is an isolationist activity you need other buddies to help get you through.Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Listen for more trading magic with George Rolleston and the advice he gives traders after his 15 years in the markets. Hear Chris Tate on the nature of success and Louise Bedford on ‘Lessons from Splash Mountain’.A Little Trading with Chris TateThe reality of success is often a grind… it takes time… it takes effort.So how long should you persist if you aren’t making good profits in the markets?Hear why Chris recommends every trader keep a copy of Market Wizards and New Market Wizards by their bedside.Mindpower with Louise BedfordEven Disneyland holds lessons for traders.Going down a scary ride again and again desensitizes even the most frightened.The more you do something the easier it becomes and less of a rush you get.Traders can suffer from desensitization in the markets.But if you are following a solid trading plan you won’t suffer the GAMBLER’S CURSE.George RollestonAfter studying with Stock Market Wizards Mark D Cook and Mark Minervini George continued his education and has been trading professionally for 15 years.In part of two of this interview with George we discuss: How George determines his trade break out and set up The importance of camaraderie and being accountable to your positions The power of investing in yourself Controlling risk and keeping the feedback loop short How ‘If trading were an intellectual endeavor all PhD holders would be billionaires.’ and teaching yourself at an emotional level.To find out more about George and his new trading incubation project go to www.suubee.comLouise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Trader George Rolleston on what he learned from studying with Stock Market Wizards Mark D Cook and Mark Minervini. Plus find out whether Chris Tate thinks trading is a hobby and hear from Louise Bedford about ‘your success map’.Mindpower – Louise BedfordWhat is your success map?What does success look like for you?There is inspiration found in looking outward and if you see greatness in others you can emulate the inspiration.Sometimes comparing yourself to other traders can inspire healthy growth.Look admire emulate.  That is the formula.A Little Trading – Chris TateCan you treat trading like a hobby or do you need to dive in from the beginning?According to Chris: Have you ever met a neurosurgeon who you would trust to operate on your head who treated neurosurgery as a hobby?Hear this segment for more.George RollestonFrom playing share trading competitions as a five year old with his brother, George has been in the markets professionally for over 15 years.He studied under two of the great Stock Market Wizards – Mark D Cook and Mark Minervini.In this interview we discuss: What George learnt from each Stock Market Wizard His trading methods and the power of finding fundamental, technical and cyclical patterns in the markets The importance of only looking at the price action and not buying into stories around stocks When to know to be fully invested in the markets or in cash.To find out more about George go to: www.suubee.comLouise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Get ready to be inspired with this Talking Trading classic with charting legend Peter L Brandt. Hear his trading journey and how he knows the heartbeat of his trading plan better than his own wife! Plus hear Louise Bedford on finding your own inner Evel Knievel.Mindpower with Louise BedfordFind your own inner Evel Knievel and learn to take risks.Bringing in the dollars requires you to get out your comfort zone.Not learning to trade, not taking up opportunities is the biggest risk of all.Peter L BrandtPeter L Brandt has been a classical chartist for over 40 years.In 2011 he was named one of the 30 most influential people in finance.His book Diary of a Professional Commodities Trader was Amazons No. 1 ranked bestseller on trading for 27 weeks.Hear Peter’s weekly trading routine, why he sees trading as a process of discovery and why young traders need to deconstruct successful trades.Peter knows the heartbeat and personality of his own trading approach better than he knows his wife of 46 years.To novice traders he says be willing to make mistakes but make sure they are CHEAP mistakes. To fellow journeymen he says be motivated by the PURSUIT OF EXCELLENCE and the money will come.To follow Peter go:www.peterlbrandt.com OR Twitter @peterlbrandtIf your trading feels like running on a treadmill — sweating, pushing, but going nowhere — it’s because you’re missing the right system. Louise says: "I’m offering free 30-minute calls to rip the brakes off your trading. Spots are limited. Fill out the survey at survey.tradinggame.com.au." Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

It is time to be in the pilot’s seat of life and create your own luck.  Enjoy this episode with Louise Bedford and Michael Yardney on how the successful make their own opportunities.Louise Bedford and Michael YardneyLuck favours the persistent.Luck favours the brave.Luck favours the hard working.Successful people create their own LUCK and their own destiny. They are the PILOTS of their own lives not the passengers.Successful people have failed more often than the unsuccessful but they have survived…. they kept going …. they lived to fight another day.Successful people have also tried the hardest. Talent alone is not enough, for luck to flourish you must relentlessly develop your own skills. It takes the right mindset, the right place, the right person and the right opportunity to create your LUCK.Luck equals opportunity and preparation.Who you hang around is also another big factor. You are also the product of the 5 people who are closest to you.Michael introduced Louise to property investing and presented a whole new investment world to her.Be prepared as an investor to create opportunities. Come to Michael’s Wealth Retreat June 9 -13 and link arms with an elite group of people who share the same mindset and immerse yourself into the principles of success.www.wealthretreat.com.au/tradingIf your trading feels like running on a treadmill — sweating, pushing, but going nowhere — it’s because you’re missing the right system. Louise says: "I’m offering free 30-minute calls to rip the brakes off your trading. Spots are limited. Fill out the survey at survey.tradinggame.com.au." Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn