EPISODE · Feb 21, 2018 · 16 MIN
Star Wars Charting
from Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology · host Best-selling authors Louise Bedford and Chris Tate, as well as professional financial journalist, Caroline Stephen.
How does Classical Chartist Peter Brandt determine trade quality and entry?Hear how he views the charts and the common errors new traders make. Louise Bedford discusses our caveman survival instincts when we are battling either a losing trade or a sabre-toothed cat and Chris Tate talks A Little Trading.Chris Tate – A Little TradingStarting with a low amount of money in the markets?Chris shares his knowledge on how to make it grow. Louise Bedford – Caveman TradingA losing trade OR a sabre-toothed cat?Our instincts remain the same.To attack - to be risk-taking.The golden rule of share trading is to keep your losses small and let your profits run. But our evolutionary survival makes this easy in theory but hard to follow in practice.It is our job to overcome it as traders.Hear how our caveman DNA affects your trading. Peter BrandtFor Peter Brandt a really good pattern in the charts is obvious.They are few and far between.But new traders tend to replay similar mistakes.Just as Picasso or Rembrandt went through different periods in their art, new traders will often go through different stages in their charts, such as a trend line period, or head and shoulders period and it often has the effect of creating charts that resemble star wars maps.According to Peter studying a chart too hard is lacking in wisdom and prudence.If Peter doesn’t see a trade within a millisecond of looking at a chart it is time to look at a new chart.Hear Peter’s way of charting and how for real traders a good chart speaks to their inner being. Tell a friend about us!I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 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
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What this episode covers
How does Classical Chartist Peter Brandt determine trade quality and entry?Hear how he views the charts and the common errors new traders make. Louise Bedford discusses our caveman survival instincts when we are battling either a losing trade or a sabre-toothed cat and Chris Tate talks A Little Trading.Chris Tate – A Little TradingStarting with a low amount of money in the markets?Chris shares his knowledge on how to make it grow. Louise Bedford – Caveman TradingA losing trade OR a sabre...
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Star Wars Charting
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