185 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.

    Stephen Desborough - Creating a calmer state of mind for optimal trading performance

    Stephen Desborough - Creating a calmer state of mind for optimal trading performance

    A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?
    On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.  
    Here we go, delving into the mind with performance coach Stephen Desborough. 


    Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts  
    Support the show
    Subscribe to A Trader's Life

    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
    Trailer | Stephen Desborough - Creating a calmer state of mind for optimal trading performance

    Trailer | Stephen Desborough - Creating a calmer state of mind for optimal trading performance

    A lot has been said about mindset when it comes to trading. Which rather suggests it’s easier said than done. We all know revenge trading is bad, patience is good. Panic is bad, composure is good. And so on. But how do we achieve and maintain a calm state of mind, so we trade at our best?
    On this episode I talk to a former trader, who for the last 18 years has been helping traders and other professionals get out of their own way and perform better in their chosen arena.  
    Here we go, delving into the mind with performance coach Stephen Desborough. 


    Support the show
    Subscribe to A Trader's Life

    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
    Ian Coleman - Swing trading FX and indices

    Ian Coleman - Swing trading FX and indices

    So we’re all pretty familiar with terms like head and shoulders, double bottom and double top. But are you familiar with these more esoteric patterns like bearish butterfly and tapering wedge? My next guest Ian Coleman lives and breathes this stuff. 
    He often posts his marked up charts on Linkedin and I’ll often sit there studying them as if I were in a gallery before an arresting landscape. Ian’s been in the trading game for donkey’s years. The past 15 years, he’s been trading on his own and writing for FX Street. 
    Before I bring Ian on, if you’re enjoying the show, do please subscribe and check out the YouTube channel for interviews on video.
    Ian and I got together in March 2024. I hope you enjoy the conversation as much as I did.

    ==

    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, little 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 Magic Mind discount 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!


    Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts  
    Support the show
    Subscribe to A Trader's Life

    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.

    • 48 min
    Trailer | Ian Coleman - Swing trading FX and indices

    Trailer | Ian Coleman - Swing trading FX and indices

    I think most of us who have been trading even a year can agree that managing risk is more than half the battle when it comes to making consistent returns in the markets. 
    That was va clip from my conversation with veteran trader Ian Coleman. Ian mostly trades forex, occasionally the indices. In this episode we talk about the kinds of patterns and correlations he looks for. Why he prefers swing trading to intraday and his own quiet obsession with the markets. Check out the full episode on A Trader’s Life. I think you may find Ian’s wit and modesty quite charming. I know I did.


    Support the show
    Subscribe to A Trader's Life

    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
    Kim Yew - Filmmaker and trader with 100% win rate

    Kim Yew - Filmmaker and trader with 100% win rate

    So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported. 

    My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back. 
    Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.

    ==

    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, little 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 Magic Mind discount 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!
    Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts  
    Support the show
    Subscribe to A Trader's Life

    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.

    • 51 min
    Trailer | Kim Yew - Filmmaker and trader with 100% win rate

    Trailer | Kim Yew - Filmmaker and trader with 100% win rate

    So you know about Ukraine, you know about Gaza, but did you know there’s an even bigger war raging in Africa? At least in terms of death toll. i'm referring to the war in the Congo. Even though millions have died and many thousands are still dying, it’s a conflict that's hardly reported. 

    My guest for this episode is a man who set out to make a film about what’s been going on, and in so doing put an assassin’s mark on his back. 
    Kim Yew, filmmaker and trader, talks to me about film and his absolutely extraordinary win rate trading with a proprietary fibonacci tool and a strategy he learnt from Alla Peters-Plocher.


    Support the show
    Subscribe to A Trader's Life

    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

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.

Top Podcasts In Business

Money Rehab with Nicole Lapin
Money News Network
REAL AF with Andy Frisella
Andy Frisella #100to0
The Ramsey Show
Ramsey Network
Young and Profiting with Hala Taha
Hala Taha | YAP Media Network
Think Fast, Talk Smart: Communication Techniques
Stanford GSB
The Money Mondays
Dan Fleyshman

You Might Also Like

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
Cam Hawkins
Chat With Traders
Tessa Dao
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
Etienne Crete
B The Trader
Alex B
Top Traders Unplugged
Niels Kaastrup-Larsen
The Market Huddle
Patrick Ceresna & Kevin Muir