How do you deal with bad days, the slow days trading? Who do you talk to? The cat, the dog, your reflection?

Sometimes there’s no one around. You’re there on your own looking at red numbers getting bigger and bigger. Not every day, we hope, but it can happen. And when it does, it can be a lonely experience.

Even if someone’s at home, who wants to listen to you groaning about a trade you missed, some heavy drawdown you can’t face losing?

My next guest is a veteran trader - Clive Arneil. Clive makes it his business to teach and support all kinds of retail traders, from beginners to seasoned pros. He takes some pride in running an online trading room called At The Sharp End.

Good humoured, down to earth, with oodles of experience, Clive is genuinely eager to help other traders.

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And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

Many traders like the fast action of a one-minute chart. Only a few who do can trade it consistently.

Daniel Munday prefers the higher timeframes.

It doesn’t surprise me, because everything about his demeanour exudes patience and humility - a far cry from the picture of raving traders in the land of Wolf on Wall Street.

It’s only fitting perhaps that Daniel not only prefers trading the higher timeframes, he also enjoys mentoring other traders. Here we are in his spotless apartment in South West London, middle of May 2024.

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Magic Mind - the one-shot, mental performance drink.

Grab your discount from here and help A Trader's Life while you're at it:
https://bit.ly/3TdDJR1

Put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off a subscription, or 20% off a one-time purchase.

And if you don’t like it, you can write in to the company and they’ll give you your money back.

Give it a go!

Nic

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?

On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.

Here we go, delving into the mind with performance coach Stephen Desborough.

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?

On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.

Here we go, delving into the mind with performance coach Stephen Desborough.

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

So we’re all pretty familiar with terms like head and shoulders, double bottom and double top. But are you familiar with these more esoteric patterns like bearish butterfly and tapering wedge? My next guest Ian Coleman lives and breathes this stuff.

He often posts his marked up charts on Linkedin and I’ll often sit there studying them as if I were in a gallery before an arresting landscape. Ian’s been in the trading game for donkey’s years. The past 15 years, he’s been trading on his own and writing for FX Street.

Before I bring Ian on, if you’re enjoying the show, do please subscribe and check out the YouTube channel for interviews on video.

Ian and I got together in March 2024. I hope you enjoy the conversation as much as I did.

==

Boost your performance levels in front of your charts

I was looking for a way to boost my energy levels, without resorting to more coffee, tea or snacks, when I came across Magic Mind.

This unique energy drink comes in these handy, little bottles and works like a shot. You knock it back in a gulp or two and it boosts your energy for the next few hours without any of the usual downside of coffee or tea.

Nice taste, too. Close to passion fruit, but not at all sweet.

I tend to have my usual coffee in the morning then take one of these little Magic Mind bottles around midday - to carry me through the afternoon session.

Grab your Magic Mind discount and help A Trader's Life while you're at it

Go to: MagicMind.com/atradreslife put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off your subscription, or 20% off a one-time purchase.

And if you don’t like it, you can write in to the company and they’ll give you your money back.

Give it a go!

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

I think most of us who have been trading even a year can agree that managing risk is more than half the battle when it comes to making consistent returns in the markets.

That was va clip from my conversation with veteran trader Ian Coleman. Ian mostly trades forex, occasionally the indices. In this episode we talk about the kinds of patterns and correlations he looks for. Why he prefers swing trading to intraday and his own quiet obsession with the markets. Check out the full episode on A Trader’s Life. I think you may find Ian’s wit and modesty quite charming. I know I did.

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported.

My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back.

Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.

==

Boost your performance levels in front of your charts

I was looking for a way to boost my energy levels, without resorting to more coffee, tea or snacks, when I came across Magic Mind.

This unique energy drink comes in these handy, little bottles and works like a shot. You knock it back in a gulp or two and it boosts your energy for the next few hours without any of the usual downside of coffee or tea.

Nice taste, too. Close to passion fruit, but not at all sweet.

I tend to have my usual coffee in the morning then take one of these little Magic Mind bottles around midday - to carry me through the afternoon session.

Grab your Magic Mind discount and help A Trader's Life while you're at it

Go to: MagicMind.com/atradreslife put in the code TRADERSLIFE20 and that’ll get up to a whopping 56% off your subscription, or 20% off a one-time purchase.

And if you don’t like it, you can write in to the company and they’ll give you your money back.

Give it a go!

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.

So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported.

My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back.

Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.

Support the Show.

Subscribe to A Trader's Life <<

A Trader's Life on Twitter.

And if you're a trader with some stories you'd like to share and you'd like to be on the how, don't hesitate to reach out: nic.penrake@gmail.com.

Link up with me on Li.