Please note that the Radio4All website will be moving over to new server hardware on July 27th starting at noon Pacific/3PM Eastern. The work should last two to three hours. During that time, the server will be offline.
Welcome to the new Radio4all website! If you cannot log in, you may need to reset your password. Email here if you need additional support.
Your support is essential if the service is to continue, there are bandwidth bills to pay every month and failing disk drives to replace. Volunteers do the work, but disk drives and bandwidth are not free. We encourage you to contribute financially, even a dollar helps. Click here to donate.Welcome to the new Radio4all website! If you cannot log in, you may need to reset your password. Email here if you need additional support.
In this episode of Band of Traders, Kyle, Baba Yaga, Fleri and Bear Goes Long recap their holiday activities before shifting to the psychological nuances of trading, highlighting the similarities and differences between trading and gambling. They discuss the books they are revisiting and the essential lessons in risk management, mindset, and emotional control that hit differently with the extra experience under the belt. The hosts also emphasize the value of community support, personal growth, and taking profits to make trading efforts feel meaningful. Finally, the episode explores the importance of balancing efficiency, scalability, and downtime to maintain long-term trading success.
Books referenced:
Mastering the Mental Game -Jared Tindler Best Loser Wins - Tom Hougaard Trading in the Zone - Mark Douglaa Reminiscences of a Stock Operator - Edwin Lefevre One Good Trade - Mike Bellafiore Liar's Poker - Michael Lewis The Biggest Bluff - Maria Konnikova The Mathematics of Poker - Bill Chen and Jerrod Ankenman