2 Traders Podcast

In this episode, Walter and Darren come across a tale of two traders: one carries a profitable mindset and the other trader has the advantage of a profitable system. So, ultimately, who is in a better position as a trader? Walter talks about the Fundamental Attribution Error and how the human brain is wired to... The post EP86: Mindset vs System appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Walter and Darren hop into the topic of reversals, entries and exits, and what triggers certain market and price movements. What are some of the important factors that makes it difficult for traders to make decisions? When should you enter a trade and when should you say, “Okay, this... The post EP85: Trading Squid appeared first on 2TradersPodcast.

Do you know what other traders are thinking? What about those traders who think your trades are going to lose? ​ In this episode of 2Traders Podcast, Walter and Darren take a close look at reversion to the mean systems and Martingale systems. ​ Walter points out that identifying the weak points for your system... The post EP84: Reversion to the Mean appeared first on 2TradersPodcast.

When do you know you are a “successful” trader?? In this episode of 2Traders Podcast, Darren and Walter zoom in on the question: What makes a great trader? Can just anyone do it? Or, do specific traders have a higher probability of “making it” as a trader? According to Walter, one genetic component may help... The post EP83: What Makes a Good Trader appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Walter and Darren zoom in on what it means to trade multiple trading systems. Walter points out that it may be possible to determine the value of a good system rather quickly (this may surprise you). According to Darren, accepting the “inevitable” is simply part of trading and you... The post EP82: Trading Multiple Systems appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter zoom in on trading system diversification. Which offers you better diversification, multiple trading systems or multiple markets? In other words, will you get better results (and smoother equity curves) when you diversify by trading many (uncorrelated) markets or by trading (uncorrelated) trading systems? They also touch... The post EP80: Diversification appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter crack the code of one of the most intriguing questions. They touch the idea behind the simplicity of “no-brainer” businesses, brokers and setting-up accounts, and how trading has evolved through time. Darren draws parallels between trading and poker. Walter talks about trading contests and how these... The post EP79: “No-Brainer” Theory appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter talk about the idea that the markets are stacked against the average trader… But, is this reality? And, what about your broker? Is he out to get you? Darren points out the importance of finding your own edge and thinking outside the box, learning how to... The post EP78: Stacking The Average Joe appeared first on 2TradersPodcast.

What is something that I can do to improve my trading? In this episode of 2 Traders Podcast, Darren and Walter reveal insider tips on simplest ways to improve your trading. Darren goes about his three easy methods for improving your trading results. Darren offers his “3 easy methods” for completely shifting your perspective on... The post EP76: Easy Ways To Improve Your Trading appeared first on 2TradersPodcast.

As a trader, you get to design your own trading rules but this means you can just easily break them also… So if you do break them, will it make a difference to your trading account? In this episode of 2Traders Podcast, Walter and Darren focus on trading rules. Why have trading rules? How do... The post EP75: Breaking Your Trading Rules appeared first on 2TradersPodcast.

Have you ever reached a point with your trading that you say to yourself “That’s it. I’m done.” In this episode of 2Traders podcast, Walter and Darren explore the “Uncle Point.” Because trading can be very emotionally and psychologically draining, especially if you rely on profits for your income. When do know you’ve reached a... The post EP74: Uncle Point appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter dig into the idea of “The Theory of Everything” and the psychology behind a natural human behavior. Why do we want someone to do something even if they don’t want to do it? The discussion moves into risk management, trading goals, expectations, and the Eastern concept... The post EP73: The Theory of Everything appeared first on 2TradersPodcast.

How can your win by losing? Darren and Walter delve into trading fears and the human desire to win at all costs in this episode. Walter examines the psychology behind confidence, and how you analyze your trading results. He talks about why you should pivot off your losses to improve and how to “see” the... The post EP71: Confidence and Fears appeared first on 2TradersPodcast.

Did you take the right trade? Will you pull a profit from this trade? In this episode of 2Traders Podcast, Darren and Walter take a trip down the memory lane. Both recall how they validated their trading systems and market beliefs. Because traders have a need to know that we are right, it can muddy... The post EP70: Verification appeared first on 2TradersPodcast.

Information is great but can too much information set your trading back? In this episode of 2Traders Podcast, Walter and Darren double click on trading distractions and what you can do to minimize  the effect of potential distractions on your trading performance. They touch on information overload, system creation, confirmation bias, and the age-old trading... The post EP69: The Age of Distractions appeared first on 2TradersPodcast.

Information is great but can too much information set your trading back? In this episode of 2Traders Podcast, Walter and Darren double click on trading distractions and what you can do to minimize  the effect of potential distractions on your trading performance. They touch on information overload, system creation, confirmation bias, and the age-old trading... The post EP68: Trading Accounts appeared first on 2TradersPodcast.

Naturally, we love it when things go our way. However, basking in your success may not be healthy for your trading. In this episode of 2 Traders Podcast, Darren and Walter shed some light on the subject of seizing fortunate trades, popping the market bubble, and building your trading confidence. How long can you be... The post EP67: Trade Carpe Diem appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter look into brainstorming and trading communities. Sharing your ideas (and hearing different points of view) can help your trading. But should you always join trading communities? When might they not aid your trading? Darren shares the results of an interesting research study about groups. He also... The post EP66: Brainstorming appeared first on 2TradersPodcast.

In this episode of 2Traders Podcast, Darren and Walter examine a “trader’s life.” Topics include: fundamental vs technical analysis (the pros and cons of each approach), confirmation bias, and how a newbie traders and old salty traders “see” trading systems differently. According to Walter, academic studies don’t really determine a person’s success, and often, winning... The post EP64: A Storm of Stories (Part 1 of 2) appeared first on 2TradersPodcast.

Why do people feel the need to bring others down?? Is this our basic human psychology? In this episode of 2Traders Podcast, Darren and Walter dig into a compelling question for traders and non-traders alike: why do hardened traders feel the need to intimidate other traders — especially newbies? The two traders also tackle the... The post EP63: Downhill Road appeared first on 2TradersPodcast.