

A TRADER'S LIFE
Nicholas Penrake
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.
Episodes
Mentioned books

Jun 16, 2021 • 26min
Episode 40 | Steve Hormann - crypto
If you can’t crack it in forex, have a go at crypto. My guest today tells me he used to trade forex, but after a few years of making a lot of money and giving it all back, he’s deep into crypto. Not so much as a trader, more as a service provider and a collector of coins. Through his company, Yieldnodes, Steve and his team provide a masternoding service for crypto coins. Maternoding? you might ask. Well, yes, it’s a little complicated, but don’t worry, Steve will explain. He’ll also go on to talk about the extraordinary monthly returns you can make by placing a stake in Yieldnodes. So stick around, because this conversation might be your ticket to some very welcome passive income without any of the risk of actually trading crypto. By pass the 500 Euro minimum requirment and start participating in the Yieldnodes project with as little as 50 Euros via this link while helping to keep this podcast going. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 10, 2021 • 1h 2min
Episode 39 | Michael Filghera - Futures & Options
My guest today is a man who started out as a musician and composer. Then one day he happened to find himself in a trading pit and was instantly hooked. Michael Filighera has been trading a few decades now. He’s made his money and loves to teach what he’s learned. What I particularly enjoyed about this episode was the internal drama that Michael’s voice evokes. Listening back to our recording I found myself drawn in to a complex narrative in which fear, anger, discipline and an almost zen like acceptance wrestled with each other for ascendancy. Michael site: Teachable.com <<--BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 10, 2021 • 3min
Trailer to Episode 39 | Michael Filghera - Futures & Options
My guest today is a man who started out as a musician and composer. Then one day he happened to find himself in a trading pit and was instantly hooked. Michael Filighera has been trading a few decades now. He’s made his money and, at Teachable, loves to teach what he’s learned. What I particularly enjoyed about this episode was the internal drama that Michael’s voice evokes. Listening back to our recording I found myself drawn in to a complex narrative in which fear, anger, discipline and an almost zen like acceptance wrestled with each other for ascendancy. ==BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 8, 2021 • 57min
Episode 38 | Charlie Burton - forex & futures
BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?By pass the 500 Euro minimum requirment and start participating in the Yieldnodes project with as little as 50 Euros via this link while helping to keep this podcast going. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 8, 2021 • 1min
Trailer to Episode 38 | Charlie Burton - forex trader
This week I talk to Charlie Burton, a trader and fund manager based in the UK. Charlie’s been trading over 20 years now and has the breezy confidence of a man who’s fought many a battle and come out smiling even on a losing day. Among other things we cover how his trading strategies have evolved over the years, why he prefers to trade the longer time frames these days. He also offers us some useful insights on dealing with setbacks and getting back on track. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 2, 2021 • 2min
Trailer to Episode 37 | Chris Lori - forex trader
Chris Lori talks to me on A Trader’s Life this week. After retiring from Olympic sport Chris got into trading; he put the hours in, worked on his discipline, till he became world class at that too.. Having made a comfortable living for himself from trading, he took a look around the world and decided he wanted to help people much less fortunate than himself – he set up an anti-sex trafficking organisation in South East Asia. Listen to the full episode from the audio file stacked above this one.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jun 2, 2021 • 47min
Episode 37 | Chris Lori - forex trader
My guest today is a man who has always had an appetite for risk. In his youth he was a bobsled driver competing in 4 Winter Olympic Games. Retiring from sport he got into trading, he put the hours in, worked on his discipline, till he became world class at that too. Having made a comfortable living for himself from trading, he took a look around the world and decided he wanted to help people much less fortunate than himself – he set up an anti-sex trafficking organisation in South East Asia. My guest today is by his actions alone an exceptional human being – Chris Lori. --BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?By pass the 500 Euro minimum requirment and start participating in the Yieldnodes project with as little as 50 Euros via this link while helping to keep this podcast going. https://yieldnodes.com/atraderslife Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

May 17, 2021 • 1h 23min
Episode 36 | Mark Shawzin The Pattern Trader
My guest today is a unique trading veteran who, after 40 years in the game, is still pulling off killer trades. Mark Shawzin, aka The Pattern Trader, trades the big moves and reads charts the way African bushmen read tracks in the sand. I’ve been following Mark’s webinars and his Q&As for some time now and from the get-go I’ve been fascinated by his combination of conviction, patience and sheer gutsiness in planning and executing his trades. He talks with real passion about trading, but with wonderful honesty and just the kind of dry American humour that I really enjoy. I hope you find this conversation as rewarding as I did. -BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there? https://yieldnodes.com/atraderslife Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

May 17, 2021 • 2min
Trailer to Episode 36 | Mark Shawzin The Pattern Trader
This is a clip from one of the most riveting conversations I’ve had with any trader on my podcast A Trader’s Life. Mark Shawzin, aka The Pattern Trader, is my guest. Whether you’re a beginner or a veteran in trading, there is so much you’ll find to inspire you here, not least Mark’s dry sense of humour. Listen to the full episode from the file stacked one row above this one. --BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there? https://yieldnodes.com/atraderslife Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

May 13, 2021 • 34min
Episode 35 | Kym Watson - forex trader
In this episode I talk with trader Kym Watson. We talk about how he first got started, how he plans his trading day, and the key ingredients to his trading mindset. Down to earth bloke who 'says it like it is' and genuinely enjoys teaching new traders.Kym jointly runs the educational company ezeetrader which allows clients the option to trade alongside him online. ==BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent. I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?By pass the 500 Euro minimum requirment and start participating in the Yieldnodes project with as little as 50 Euros via this link while helping to keep this podcast going. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.