Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

Market Wizard Tom Basso on trading and enjoying the rideIn this episode of Talking Trading we hear from Market Wizard Tom Basso and his trading journey from when he started buying mutual funds at the age of 12 to life after retirement and some of the things he learned along the way. Hear why he prefers the word trading strategy to system, how he controls volatility and the two most impactful trades of his career. We hear the story behind the tag line 'Mr Serenity' and why finding the sweet spot of your investment psychology is the most important thing to maintain your… serenity.Tom BassoTom Basso started trading mutual funds at the ripe age of 12. He went on to trade 600 million dollars at his company Trendstat and became famously known as Mr Serenity in New Market Wizards.Jack Schwager said he had never met a trader who was so darn calm about what he was doing and in this interview we find out why.Tom discusses the two trades in silver, which had the most impact on his life.The first taught him volatility control, which enabled him to be even-keeled in his trading.By using good volatility control Tom could remain tranquil in his trading which was the key to his long term survival… and is also why he believes finding the sweet spot of investment psychology is the most important thing.There are friends of Tom’s in the industry who have committed suicide, even other Market Wizards have burnt out, but Tom has remained Mr Serenity.Another trade in silver taught Tom a different lesson.Never miss trades. The only prerequisite Tom has for going on holiday is a wifi connection. Tom and his wife take cruises around the world but he still trades every day.Tom enjoys the ride, and he wonders that if you are finding your path somewhat miserable, what is the point of all of this? He is still, more than ever, Mr Serenity.To contact Tom, go to Tom Basso on Facebook or Twitter or listen to the interview for his email address. 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

Read another person’s character within seconds and further understand your own personality.Imagine looking at a person’s face and knowing their strengths, weakness and their personality just from their features? The art of face reading enables you to do just that. In this episode we talk to Celebrity Face Profiler Alan Stevens on the power of face reading and how it helps you understand your personality and trigger points so when the markets are tough you have awareness of how you react. Also hear from Louise Bedford in Mindpower on how you can de-tooth the fear of failure to live a trader’s life. Alan Stevens - Celebrity Face ProfilerFacial features are the windows to your mind and the art of face reading helps you determine people’s character traits, personalities and skills.It also helps you to understand your own personality and which characteristics are triggered during trading drawdowns as under stress you always react to your base line personality.It benefits children’s learning styles, assists children find suitable careers and in couples can increase the communication for a stronger relationship.Hear Alan’s face reading on Chris Tate, Louise Bedford and Caroline Stephen and do the simple finger test to see if you are a risk taker or not. Mindpower – Fear of Failure.  Louise BedfordDefine the thing you are scared about and de-tooth it.Is it fear of loss, fear of process or fear of the outcome?Once you define what is stopping you articulate it, talk about it and get one step closer to 'the traders life'. 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

Get ready to move into your greatness and shine as a trader with Leadership Coach and Ted X Talk Star Tanya Geisler. Those feelings of ‘it is just a matter of time until someone finds out I am fake’ are ready for the dustbin. Tanya defines, describes and demystifies the Impostor Complex so you can OWN YOUR AUTHORITY. Her enthusiasm is electric. Her passion is uplifting. Her belief tells you can do anything. Get ready – go – step into your greatness.The ImpostOr Syndrome – Tanya GeislerAll high achievers have suffered the Imposter Complex.Those thoughts that say ‘It is just a matter of time until someone finds out I am a fake.’They keep you small… they keep you from shining…John Lennon said ‘Part of me thinks I am a loser and the other part thinks I am god almighty.’Sound familiar…ring any bells?When Leadership Coach Tanya Geisler presented at Ted X on the Impostor Syndrome she brought the house down. She told people how to move beyond self-doubt into OWNING THEIR AUTHORITY.She tells us how to do that here in this episode. Unplugged. Raw.In 6 simple coaching steps that have you believing in your ability and stepping into your greatness. 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

If you could ask anything to the man who has interviewed the world’s top traders, what would it be? In this episode Jack Schwager, author of the legendary Market Wizard series, discusses writing his books and the answer to that seminal question - what are the characteristics of great traders? Jack also discusses FundSeeder, his new project designed to find the undiscovered great traders. Jack SchwagerJack Schwager wrote Market Wizards to capture the characteristics of great traders through their stories.Starting with Michael Marcus and then Ed Seykota, he went on a cookie crumb trail around the USA and created the legendary Market Wizards series. Filled with timeless truths the books are classic literature for every trader.In this interview hear how the Market Wizard series evolved, what Jack Schwager learnt from writing it, and the seminal question to ask the Market Wizard himself – what characteristics make a great trader to set them apart from everyone else?Jack discusses two traits in detail:1.  There is NO ONE WAY TO MAKE MONEY IN THE MARKETS and you have to find an approach that fits your belief system. Many Market Wizards view each other’s trading approach with complete cynicism and they often have conflicting opinions 180 degrees apart.‘There are a billion ways to make money in the markets. Unfortunately they are all difficult to find.’ - Jack Schwager2.  You need complete FLEXIBILITY and LACK OF LOYALTY to a share. Great traders are able to change their direction on a dime, not only are they able to get out but they are able to flip positions.Jack also discusses FundSeeder, his new project to discover undiscovered trading talent and connect them with investors. To find out more go to www.fundseeder.com  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

In this episode of Talking Trading, feel the pain of not treating your trading like a business and why the tax department refused to grant a tax rebate to a share trader on the grounds her business was not being run professionally. Hear how you can avoid ever being in such a situation. Also tune in to the personal journey of accountant Jason Cunningham and his rags to celebrity story. Jason CunninghamThe importance of running your trading business professionally comes to harsh taxation reality.The Australian Tax Office declared a taxpayer was not a share trader despite making substantial share trades.The taxpayer worked as a child-care educator and earned $40,000 in wagesShe used her savings of $40,000 to start trading in sharesDuring 2011 she made 71 purchases to the value of $379,630 and she was seeking a tax deduction on her losses of $20,000The tax office denied the loss declaring she was not a share trader.Jason’s spells out the reasons why this happened and the essential criteria the tax office looks for in running a trading business SO YOU ARE NEVER IN THIS SITUATION.Also hear the personal rags to celebrity story of Jason Cunningham. How his family lost everything during his childhood, and how this drove him to build his accounting firm The Practice and why his passion is to present financial matters in language everyone can understand.  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

In this episode property expert Michael Yardney shares the definition of true wealth and why high net worth investors desire to leave a legacy.Hear what differentiates average Australians from the uber-successful and why it always comes down to mindset. Also hear how Talking Trading was born and the power of being immersed in an environment where you are free to chase your investing dreams.Michael YardneyMichael Yardney is Australia’s leading property specialist and an expert on wealth creation, financial mindset and investing.Want to know the biggest difference between high net worth investors and the average Australian?It is their MINDSET.While the average Australian takes financial advice from well meaning but non- wealthy people successful investors often have mentors and mastermind groups who are able to see your blind spots and move you from limiting subconscious beliefs to empowering thoughts.Wealth Retreat is a high level masterminding educational event, which has had a track record for 10 years.  Every year 50 investors gather on the Gold Coast for 5 days to immerse themselves in an investing, networking and joint venturing environment.Wealth Retreat was the birthplace of Talking Trading three years ago as Louise and Caroline met for the first time and passions united and friendship forged.Louise Bedford and Chris Tate will be presenting this year as well a host of property experts, accounting and finance professionals. To immerse yourself in uber-success and leave a lifetime legacy of wealth go to: http://wealthretreat.com.au/trader/ 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

In this week’s episode of Talking Trading NLP Life Coach Rik Schnabel shares key mindset factors to create wealth beyond limits.Rik SchnabelWealth creation starts in the mind and in this interview we discuss the power of imagination, the law of expectation, the role of action and the power of passion.ImaginationImagination leads us to be wealthy when we embrace it. Einstein said “Imagination is more important than knowledge’, and Einstein himself used to imagine riding on a beam of light through space to help him uncover the theory of relativity.Law of ExpectationRalph Waldo Emerson said ‘Man becomes what he thinks about the most.’If we are going to become a multi millionaire we need to know how do they walk, talk, think, and act. One of the best questions you can ask yourself when you are starting out on the road to Wealth Creation is WHO? Who knows how to create incredible wealth and who is willing to mentor me?ACTIONCary Grant said ‘I acted like Cary Grant for so long that I became him.’A survey of the richest and most famous of celebrities found that every single one of them admitted to wanting more CONFIDENCE. We often spend our adult life building the confidence we lost as children and as adults we need to move ourselves into an I CAN PATTERN.PASSIONPassion starts out as a stranger before it becomes our best friend. Be brave enough to enter its castle, there may be dragons at the door, crocodiles in the moat, but get across and take a leap of faith to discover home.To find out more Rik, his NLP wisdom and his coaching services go to: www.lifebeyondlimits.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

How auction market theory and options adjustment brings home consistent returns.In this week’s episode we hear from Options Expert John Richardson on his continual options adjustment strategy. John uses auction market theory and the flexibility of options trading to achieve consistent returns in the market. Hear how he is a big believer in getting rich slowly and why he is good steward of his money.John RichardsonJohn Richardson is the founder of Consistent Options Income.Disillusioned with the average persons means to invest John devised an options adjustment strategy. John uses auction market theory to find inflexion points when the market is running out of buyers and has to make a decision on which way it will run. He then uses the flexibility of an options trade to apply a continual adjustment process.John is a big believer in getting rich slowly and making money methodically over time.  It became his mission to manage his own money and turn his wealth into an income.To find out more about John’s methodology go to: Consistent Options IncomeRegister and you'll get a fantastic series of free videos to help you excel in the options market.Michael Licenblat’s new book ‘Pressure Proof’Bounceback fast from setbacks with Michael Licenblat’s new book Pressure Proof.  Build your natural resilience and turn pressure into energy and enthusiasm. Grab a copy at www.bouncebackfast.com   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

Michael YardneyOn the BRW Rich 200 List, property was a major source of wealth for Australian multi-millionaires.Real Estate is an asset class that is stable and secure with long-term consistent capital growth in Australia. There are two major factors, which underpin growth of real estate in Australia:Population growth Wealth of the nationAustralia’s population is growing faster than any other Western nation. Our population is predicted to grow by 2% every year, which is twice as fast as the UK, USA and Canada. People in general want to live in the same four big cities around Australia and they all want to live in the same suburbs of these capital cities.The wealth of Australia is the second reason real estate is a stable long-term investment. Whilst Australia is an expensive country to live we are also one of the wealthiest in the world.In 10 years from now our cities will have grown, people will continue to trade backyards for balconies and gentrification of suburbs will continue. There is an old Chinese proverb:When is the best time to plant a tree? Twenty years ago. When is the second best time? Now.Also, the event of the year has arrived.Wealth Retreat is the ultimate mastermind networking conference for real estate investors, share traders and entrepreneurs. Create a legacy of lifetime wealth. Develop an instant peer group of like-minded investors.Join Michael Yardney, Chris Tate and Louise Bedford on The Gold Coast for 5 days, starting the last weekend in May 2016.Click here to express your interest.To qualify for a special bundle of bonuses,remember to mention that you’re a Talking Trading listener. 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

When the tsunami in Japan almost wiped out Jeni White’s trading account she enrolled in the Mentor Program. In this week’s episode of Talking Trading we look at Jeni’s trading journey and how she realised what was possible. Louise Bedford also tells us her definition of financial freedom and the amount of confidence and security it gives her… and how all traders can feel like that too. Jeni WhiteJeni White gathered her trading float by sweating away in hothouses growing hydroponic tomatoes. She tried trading on her own and she was up in profit… but the tsunami in Japan caused destruction within her trading account and nearly wiped her out.She knew then it was time to do the Mentor Program.During the Mentor Program Jeni realised how much she could take control and she didn’t have to be at the whim of what came her way and she could “grab life by the nuts”.She could make it happen.Her biggest curve ball was when her beloved Grandfather died and left her money which doubled her trading float.It threw her into a spin.The fear of losing the money that he had given her was far worse than the thought of losing the money she had made. The Mentor Program opened a whole new world for Jeni where she is in charge of her financial future and looking forward to that golden bull equity market. Louise Bedford - MindpowerThe Solution Is TradingLouise Bedford’s definition of financial freedom is: If you took everything away from her she could recreate it from scratch, and the second time around she could do it faster, bigger and better.To Louise, having this knowledge, confidence and skills is the feeling of TRUE FREEDOM.Trading does that for you.You can have this feeling too. 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