A TRADER'S LIFE

Nicholas Penrake
A TRADER'S LIFE

How do traders do it, overcoming setbacks, managing their risk and reining in their emotions to take chunks of money out of the markets? Showhost Nicholas Penrake chats with traders from all kinds of backgrounds, inviting them to share with us their highs and lows on their way to achieving consistent results. Trading is a tough game – they say only around 5 per cent of those who try actually make a profit. Listen to A Trader’s Life to glean some valuable insights from the market wizards Nic get to talk to.  If you glance at my profile on LinkedIn, you’ll see I’m no big shot trader. Mid way through 2023, after nearly three years' trading, I'm still only break-even.  But every week I learn something new. And part of that learning process is enriched by talking and listening to other traders, those with more experience than I have.We all know that emotions can seriously derail your trading aspirations. It's been my experience - and I hope you agree - that every so often listening to other traders' stories can not only be instructive but inspirational, even comforting, to a degree.  Just one example: one of my guests lost 50,000 in just a just a few months. Today’s she’s crushing it in commodities. How did she do it? You come here to find out. And here’s the thing… the picture I’m getting is that it’s not so much about the money, it’s about the challenge. It’s also about freedom: finding a pursuit that can make you an income that only relies on your smarts and an internet connection. If you can get there, trading can potentially free up your day, allowing you to explore a world that extends far beyond the daily commute to an office. So, if you’re a trader interested in comparing your story with the stories of traders who’ve cracked it, or even if you’re just curious about trading, grab your headphones, open your browser and have a listen – A Trader’s Life.

  1. JAN 4

    Mark Randall - Upgrade your trading with a high performance coach

    As a trader, you have to be able to keep a check on your emotions, no matter what the state of play.  Like air traffic controller, a sniper.  Life or death. My next guest on A Trader’s Life is no stranger to extreme pressure in trading. He’s been trading since the eighties when charts were typically worked up with a pencil and paper.  When he was diagnosed with arthritis as a young man, he knew he’d have to work on his mindset if he was to cope with the kinds of stressful situations he found himself in on a daily basis..  Today Mark Randall is a very successful high performance coach. He helps develop traders, and trading teams at corporate level. They hire him because his methods and teaching make a real difference, not just in financial gains but also in terms of a trader’s overall wellbeing.  == A unique trading strategy with a very high win rate You've probably heard of Fibonacci, and you may already be using the Fibonacci tool you find on TradingView as part of your trading stratregy.  Until about a year ago, I thought these tools were the last on the subject of Finoacci sequences. Then I met trader and investor All Peters-Plocher and talked to the people using her proprietary Fibonacci tool and strategy.  To date, I have met five of Alla's students, and they all said joining Alla's courses was the best investment they ever made.  One of the guys I spoke to said he'd been struggling for about 10 years before he joined one of Alla's courses, and once he got going, he was consistently profitable. He just bought a house in Arizona with the money he's made since he joined. Like me, he's a filmmaker. One of things he loves about her system is that he spends only a few minutes a day checking trades, and can focus on his filmmaking projects.  I also met Alla herself when she was over in London, early in 2024. She even took me to lunch - at Claridges! - with her husband and two other 'student' traders.  I believe she genuinely cares about the traders who sign up to her programs. More than that - she's on a mission to help traders of all abilities.   It's very rare I send out affiliate links, not least because I have to have complete faith in the person and his or her coaching or product before I do - but down below you'll find some links to her courses.  Transform your trading performance If this is a good time for you to join one of Alla's program, and you found this podcast episode useful in helping you come to that decision, I'd really appreciate it if you were to sign up via one of the links below - it would be extra cost to you but would help me cover some of the costs of running this podcast and enable me to do more ambitious episodes, both audio and video, in the future. If you'd like to talk to me in person about Alla's courses, feel free to reach out on email - nic.penrake@gmail.com - and we can arrange to have a chat over Zoom or WhatsApp, whichever you prefer. Links to explore: Fibonacci Trading Institute -  https://jn521.isrefer.com/go/fibinstitute/Penrake/ Group Mentoring for Any Platform - https://jn521.isrefer.com/go/grpmen/Penrake/ Group Mentoring with Software for NinjaTrader 8 -  Support the show Subscribe to A Trader's Life A Trader's Life on Twitter. Link up with me on Li.

    1h 6m
  2. 12/01/2024

    Pablo Fdez Escarzaga - 10% gains per week using a proprietary Fibonacci tool

    Previously a lawyer, now a full time trader, Pablo Fdez Escarzaga from Spain told me he spent his first two years trading the markets "going nowhere".  Then, quite by chance, he came across Alla Peters Plocher’s Fibonacci Trading Institute and, within a few months of applying her strategy, his trading improved. Massively. Today he typically makes 10% a week trading her method on a range of assets, from Futures to options.  Pablo is the fourth person I’ve spoken to who signed up to Alla’s course and completely transformed his trading performance. If you feel as Pablo did that you're "going nowhere" with your trading, or you're making progress but it's all so up and down, I think you’ll find this conversation highly motivating.  == Discover the benefits of Alla's unique trading strategy It's very rare I send out affiliate links, not least because I have to have complete faith in the person and his or her coaching or product before I do.  At the time of writing this, I have met four of Alla's students in person, and they all said joining Alla's courses was the best investment they ever made.  One of the guys is a filmmaker. He said he'd been struggling for about 10 years before he joined one of Alla's courses, and once he got going, he was consistently profitable. He just bought a house in Arizona with the money he's made since he joined. Like me, he's a filmmaker. One of things he loves about her system is that he spends only a few minutes a day checking trades, and can focus on his filmmaking projects.  I also met Alla herself when she was over in London, early in 2024. She even took me to lunch - at Claridges! - with her husband and two other 'student' traders.  I believe she genuinely cares about the traders who sign up to her programs. More than that - she's on a mission to help traders of all abilities.   Transform your trading performance If this is a good time for you to join one of Alla's program, and you found this podcast episode useful in helping you come to that decision, I'd really appreciate it if you were to sign up via one of the links below - it would be extra cost to you but would help me cover some of the costs of running this podcast and enable me to do more ambitious episodes, both audio and video, in the future. If you'd like to talk to me in person about Alla's courses, feel free to reach out on email - nic.penrake@gmail.com - and we can arrange to have a chat over Zoom or WhatsApp, whichever you prefer. Links to explore: Fibonacci Trading Institute -  https://jn521.isrefer.com/go/fibinstitute/Penrake/ Group Mentoring for Any Platform - https://jn521.isrefer.com/go/grpmen/Penrake/ Group Mentoring with Software for NinjaTrader 8 -  https://jn521.isrefer.com/go/grpmensw/Penrake/ Support the show Subscribe to A Trader's Life A Trader's Life on Twitter. Link up with me on Li.

    26 min
  3. 10/10/2024

    Alla Peters Plocher - Precision trading using a unique Fibonacci tool

    If you’ve been trading a while, it’s probably safe to assume you’ve come across the Fibonacci retracement and extension tools. And perhaps you’ve also come across a few traders on YouTube who show you how to use these tools.  But unless you’ve already joined the Fibonacci Trading Institute, you won’t have come across the Fibonacci tools and strategies as created by Alla Peters Plocher. This, to me, is another dimension altogether. Alla has been fascinated by numbers and patterns in music and mathematics since she was a child. She became fascinated by the markets some twenty years ago, and today she has students all around the world.  If you’re fascinated by the patterns we see in the markets, and you want to develop a more preciseI trading strategy than you currently work with, I think you’ll get a lot of value from this episode.  == Alla's Coaching Programs It's very rare I send out affiliate links, not least because I have to have complete faith in the person and his or her coaching or product before I do.  I have met three of Alla's students in person and they all said joining Alla's courses was the best investment they ever made.  One of the guys is a filmmaker. He said he'd been struggling for about 10 years before he joined one of Alla's courses, and once he got going, he was consistently profitable. He just bought a house in Arizona with the money he's made since he joined. Like me, he's a filmmaker. One of things he loves about her system is that he spends only a few minutes a day checking trades, and can focus on his filmmaking projects.  I also met Alla herself when she was over in London, early in 2024. She even took me to lunch - at Claridges! - with her husband and two other 'student' traders.  I believe she genuinely cares about the traders who sign up with her. More than that - she's kind of on a mission to help traders of all abilities.   In this episode you have here I was again fascinated by the precision of her strategy. I don't know about you, but it's less the thought of making more money than the thought of being more accurate and efficient with my trading that motivates me. Like a runner who wants to beat his personal best. If this is a good time for you to join one of Alla's program, and you found this podcast useful in helping you come to that decision, I'd really appreciate it if you were to sign up via one of the links below - it would be extra cost to you but would help me cover some of the costs of running this podcast and enable me to do more ambitious episodes, both audio and video, in the future. Links to explore: BootCamp '24 Page -  https://jn521.isrefer.com/go/bootcamp24/Penrake/ Fibonacci Trading Institute -  https://jn521.isrefer.com/go/fibinstitute/Penrake/ Group Mentoring for Any Platform - https://jn521.isrefer.com/go/grpmen/Penrake/ Group Mentoring with Software for NinjaTrader 8 -  https://jn521.isrefer.com/go/grpmensw/Penrake/ Private Mentoring for Any Platform - https://jn521.isrefer.com/go/privmen/Penrake/ Private Mentoring with Software for N Support the show Subscribe to A Trader's Life A Trader's Life on Twitter. Link up with me on Li.

    41 min
  4. 07/29/2024

    Clive Arneil - trading at the sharp end for half a lifetime

    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.  == A unique trading strategy with a very high win rate You've probably heard of Fibonacci, and you may already be using the Fibonacci tool you find on TradingView as part of your trading stratregy.  Until about a year ago, I thought these tools were the last on the subject of Finoacci sequences. Then I met trader and investor All Peters-Plocher and talked to the people using her proprietary Fibonacci tool and strategy.  To date, I have met five of Alla's students, and they all said joining Alla's courses was the best investment they ever made.  One of the guys I spoke to said he'd been struggling for about 10 years before he joined one of Alla's courses, and once he got going, he was consistently profitable. He just bought a house in Arizona with the money he's made since he joined. Like me, he's a filmmaker. One of things he loves about her system is that he spends only a few minutes a day checking trades, and can focus on his filmmaking projects.  I also met Alla herself when she was over in London, early in 2024. She even took me to lunch - at Claridges! - with her husband and two other 'student' traders.  I believe she genuinely cares about the traders who sign up to her programs. More than that - she's on a mission to help traders of all abilities.   It's very rare I send out affiliate links, not least because I have to have complete faith in the person and his or her coaching or product before I do - but down below you'll find some links to her courses.  Transform your trading performance If this is a good time for you to join one of Alla's program, and you found this podcast episode useful in helping you come to that decision, I'd really appreciate it if you were to sign up via one of the links below - it would be extra cost to you but would help me cover some of the costs of running this podcast and enable me to do more ambitious episodes, both audio and video, in the future. If you'd like to talk to me in person about Alla's courses, feel free to reach out on email - nic.penrake@gmail.com - and we can arrange to have a chat over Zoom or WhatsApp, whichever you prefer. Links to explore: Fibonacci Trading Institute -  https://jn521.isrefer.com/go/fibinstitute/Penrake/ Group Mentoring for Any Platform - https://jn521.isrefer.com/go/grpmen/Penrake/ Group Mentoring with Software for NinjaTrader 8 -  Support the show Subscribe to A Trader's Life A Trader's Life on Twitter. Link up with me on Li.

    47 min
5
out of 5
7 Ratings

About

How do traders do it, overcoming setbacks, managing their risk and reining in their emotions to take chunks of money out of the markets? Showhost Nicholas Penrake chats with traders from all kinds of backgrounds, inviting them to share with us their highs and lows on their way to achieving consistent results. Trading is a tough game – they say only around 5 per cent of those who try actually make a profit. Listen to A Trader’s Life to glean some valuable insights from the market wizards Nic get to talk to.  If you glance at my profile on LinkedIn, you’ll see I’m no big shot trader. Mid way through 2023, after nearly three years' trading, I'm still only break-even.  But every week I learn something new. And part of that learning process is enriched by talking and listening to other traders, those with more experience than I have.We all know that emotions can seriously derail your trading aspirations. It's been my experience - and I hope you agree - that every so often listening to other traders' stories can not only be instructive but inspirational, even comforting, to a degree.  Just one example: one of my guests lost 50,000 in just a just a few months. Today’s she’s crushing it in commodities. How did she do it? You come here to find out. And here’s the thing… the picture I’m getting is that it’s not so much about the money, it’s about the challenge. It’s also about freedom: finding a pursuit that can make you an income that only relies on your smarts and an internet connection. If you can get there, trading can potentially free up your day, allowing you to explore a world that extends far beyond the daily commute to an office. So, if you’re a trader interested in comparing your story with the stories of traders who’ve cracked it, or even if you’re just curious about trading, grab your headphones, open your browser and have a listen – A Trader’s Life.

You Might Also Like

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes, and get the latest updates.

Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada