

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

Feb 2, 2021 • 2min
Trailer to Episode 19 | Nick McCullum
Mid January 2021 I got together with Canadian fintech expert, Nick Mccullum. Nick is the Director of Growth at Passiv, a start up in the tech space that produces a piece of software that allows investors who use it to recalibrate and balance their portfolios at the click of a button. If you’re the kind of person who prefers a more passive approach to trading either now or in the future, stick around to hear Nick give you the highlights of what Passiv can do to make that easy for you. Full episode stashed right next to this trailer.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Feb 2, 2021 • 37min
Episode 19 | Nick McCullum - fintech expert at Passiv
Mid January 2021 I got together with Canadian fintech expert, Nick Mccullum. Nick is the Director of Growth at Passiv, a start up in the tech space that produces a piece of software that allows investors who use it to recalibrate and balance their portfolios at the click of a button. If you’re the kind of person who prefers a more passive approach to trading either now or in the future, stick around to hear Nick give you the highlights of what Passiv can do to make that easy for you. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 22, 2021 • 2min
Trailer to Episode 18 | Jimmy Mengel
Jimmy Mengel is Managing Editor for the Crow's Nest financial advisory, The Adventure Capitalist financial advisory, and Editor for the Outsider Club.Jimmy turned a natural born talent for buying, selling and collecting baseball cards into buying and selling stocks. He tends to go long. Very long. Like a few months or years at a time. He barely thinks of himself as a 'trader', more like an investor. His big interest right now is cannabis. The stocks, that is. With legalisation in the USA on the cards in 2021, he's got to be someone worth listening to if you're looking for some big, exciting trades in the near future. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 22, 2021 • 48min
Episode 18 | Jimmy Mengel
Jimmy Mengel is Managing Editor for the Crow's Nest financial advisory, The Adventure Capitalist financial advisory, and Editor for the Outsider Club.Jimmy turned a natural born talent for buying, selling and collecting baseball cards into buying and selling stocks. He tends to go long. Very long. Like a few months or years at a time. He barely thinks of himself as a 'trader', more like an investor. His big interest right now is cannabis. The stocks, that is. With legalisation in the USA on the cards in 2021, he's got to be someone worth listening to if you're looking for some big, exciting trades in the near future. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 14, 2021 • 37min
Episode 17 | Sylvia Marshall trend trading mentor
For Episode 17 I got together with Sylvia Marshall, author of Zero to A Million and founder of the trading mentorship club of the same name. Sylvia started out as an international training and consultancy manager in the financial sector, later turned her hand to property development, and when that wasn’t enough to keep her busy she took a crack at trading, loved it and became very good at it. My key take-out from our conversation was just how committed Sylvia to helping people – especially women over 40 – turn their lives around through trading the markets. Besides her smart proprietary software she manages to do this through dedicated one to ones with her students and a disciplined approach trading trends. Enjoy the conversation.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 14, 2021 • 2min
Trailer to Episode 17 | Sylvia Marshall
This is a clip from episode 17 of A Trader’s Life when I was talking with Sylvia Marshall, author of Zero to A Million and founder of the trading mentorship club of the same name. My key take-out from our conversation was just how genuine and committed Sylvia is at helping people – especially women over 40 – turn their lives around through trading the markets. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 6, 2021 • 2min
Trailer to Episode 16 | Farzana Zaman
This is the trailer to Episode 16 with trader Farzana Zaman.Farzana has been trading since she was a teenager and she’s still pretty young – in fact she’s in her final year at university. Besides studying and trading – and working at a pharmacy a few nights a week – she also runs HerTrade, an education and support group for women traders. How refreshing, I thought, to run into a female trader with such an entrepreneurial outlook. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Jan 6, 2021 • 41min
Episode 16 | Farzana Zaman - forex trader
For one of my last episodes in 2020.I got together with trader Farzana Zaman.Farzana has been trading since she was a teenager and she’s still pretty young – in fact she’s in her final year at university. Besides studying and trading – and working at a pharmacy a few nights a week – she also runs HerTrade, an education and support group for women traders. How refreshing, I thought, to run into a female trader with such an entrepreneurial outlook. Here’s our conversation.--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.

Dec 19, 2020 • 58min
Episode 15 | Kevin King - Developer & Trader
Early in December 2020, I got together with Kevin King, a trader based in the UK. Kevin started out life as an apprentice at Jaguar, took a break to go travelling then came home to set up a property development business with his dad. While waiting for his first sale, he took a crack at trading. What follows might described as his thoughts on that journey so far and where he hopes to get to. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Dec 19, 2020 • 55sec
Trailer to Episode 15 - Kevin King
Early in December 2020, I got together with Kevin King, a trader based in the UK. Kevin started out life as an apprentice at Jaguar, took a break to go travelling then came home to set up a property development business with his dad. While waiting for his first sale, he took a crack at trading. In the full episode, Kevin reflects on his journey so far and where he hopes to get to. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.