179 episodes

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.

A TRADER'S LIFE Nicholas Penrake

    • Business
    • 5.0 • 7 Ratings

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.

    Will Nutting - how to invest like a contrarian

    Will Nutting - how to invest like a contrarian

    Shoot for the skies as a day trader or bypass leverage altogether and aim for a 10% return investing in stocks? 

    Writer and investor, Will Nutting, prefers the latter. For one thing, it gives him more time to travel around the world exploring investing possibilities of ten overlooked by the mainstream. 

    Will runs a successful fund, also Nuttstuff, a newsletter which he describes as ‘No nonsense, common sense, stock ideas and conclusions.’ 
    Support the showPlease follow 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.

    • 46 min
    Trailer 90 | Zack van Niekerk - co-founder of The Trading Cafe

    Trailer 90 | Zack van Niekerk - co-founder of The Trading Cafe

    We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. 
    My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But he passionately hates gambling and wanted to introduce some fresh transparency and genuine education to the trading world. 
    So, a few years ago, Zack van Niekerk teamed up with a man who does trade and together they created The Trading Cafe and The Trading Academy. 
    If you haven’t yet managed to be consistently profitable in your trading, or you’re looking for some new ideas to pepper into your strategy, I highly recommend you stick around. 

    ==





    Support the showPlease follow 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.

    • 1 min
    Zack van Niekerk - co-founder of The Trading Cafe

    Zack van Niekerk - co-founder of The Trading Cafe

    We can probably all agree trading has some bad connotations. Gambling and scam being the two words that readily spring to mind. 
    My next guest is first and foremost an entrepreneur in online education. He’s not in fact a trader. But he passionately hates gambling and wanted to introduce some fresh transparency and genuine education to the trading world.

    So, a few years ago, Zack van Niekerk teamed up with a man who does trade and together they created The Trading Cafe and The Trading Academy.

    If you haven’t yet managed to be consistently profitable in your trading, or you’re looking for some new ideas to pepper into your strategy, I highly recommend you stick around.

    ==

    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, small 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 discount from here 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!

    Nic




    Support the showPlease follow 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.

    • 49 min
    Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method

    Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method

    It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception.

    Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round.

    I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat.

    ==

    Links to find out more about Alla and her work

    Website:
    https://fibinstitute.com/
    Youtube Channel:
    https://youtu.be/MNYPEFb2esQ?si=pqQy90jJKP-hs19U
     Alla's students' performance, from beginner to hedge fund trader on all instruments and all platforms:
    https://fibinstitute.com/fibonacci-trading-institute-student-performance/
    Podcasts with Alla's students:
    https://fibinstitute.com/student-podcasts/
    Student reviews:
    https://fibinstitute.com/fibonacci-trading-institute-reviews/
    ==

    Looking for a prop firm with less stringent rules for evaluation?

    I've failed a few prop firm tests - and every time it's been because I've been in breach by a small amount. The problme being I'm not at my screen all day.

    So, if you're anything like me, dead busy most of the day, doing other things, and you want more wriggle room with your drawdown, use my coupon code to get 10% your trial with Tradiac

    Here are 6 key benefits I noted which, as a bundle, I haven't seen matched by competitors:
    Highest drawdown levels versus competition  - 30% max and 15% dailyNo min trading daysNo min amount of trades, simple rules90% payouts on all accountsAll accounts are scalable up to $1mDon't lose your progress scaling with our Redemption TestsIf you want to give Tradiac a go, click the link below and use  ATraderslife10off in the coupon/discount field to get 10% off your first trial.

    https://go.tradiac.com/auth?ref=traderslife 
    Support the showPlease follow 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.

    • 41 min
    Trailer #2 Ep 89 | Alla Peters Plocher - Fibonacci Trading Institute

    Trailer #2 Ep 89 | Alla Peters Plocher - Fibonacci Trading Institute

    It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception.

    Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round. 

    I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat. 
    Support the showPlease follow 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.

    • 3 min
    Trailer 89 | Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method

    Trailer 89 | Alla Peters-Plocher - founder of the Proprietary Alpha Fibonacci Method

    It’s pretty rare I come across women who trade, but when I do, they are very often my most interesting guests. My next guest is no exception.

    Not only is Alla Peters Plocher an exceptionally gifted trader, but in my view at least, an extraordinary person all round. 

    I could go on, but now you’re here, I really want to get out of the way and let Alla tell you about her life in her own words. If you love amazing stories, you’re in for a treat. 
    Support the showPlease follow 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.

    • 2 min

Customer Reviews

5.0 out of 5
7 Ratings

7 Ratings

Kev9115 ,

Excellent for traders

Lots of great wisdom in this podcast. Must listen to for any serious trader!

Judethegreat2023 ,

Good for traders to learn

Had the privilege to be interviewed. He was very professional and ask great questions for the interview. His podcast is very knowledgeable and insightful for other traders to learn from other’s experiences in the market. Highly recommend others checking it out to learn more.

HazzleDazzle1 ,

Great Podcast for Traders

Nicholas does a great job interviewing his guests and asking the right questions so his listeners get the most value from each episode. A good one to add to your list.

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