

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

Dec 7, 2020 • 55min
Episode 14 | Barry Burns - mentor @ Top Dog Trading
A few days before Thanksgiving, I got together with Barry Burns, a trader based in LA. Barry started trading as a kid and for over 25 years he’s been teaching ordinary people how to trade in a wide variety of markets through his company, Top Dog Trading. He’s the first pro trader I’ve come across who prefers to trade really low timeframe charts, even ticker charts. Barry: "I teach people like you to become consistent traders in the shortest time possible." Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Dec 4, 2020 • 1min
Trailer to Episode 14 - Barry Burns
This is a clip from my conversation with Barry Burns of Top Dog Trading. Barry started trading as a kid and for over 25 years he’s been teaching ordinary people how to trade in a wide variety of markets. Join us for the full episode when I publish later this weekend, December 5th, on A Trader’s Life. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Dec 1, 2020 • 1h 17min
Episode 13 | Francis Hunt - macro & crypto trader
In episode 13 I got together with Francis Hunt. Trader, technical analyst and teacher, Francis sees himself as a sniper, patiently waiting for the big trades. While he delights in causing controversy, he’s also passionate about helping new and up-and-coming traders improve their edge. He’s built a community of like-minded traders who support each other with trade ideas, peer review of set-ups and positive reinforcement.This was a high-energy, entertaining episode – valuable trading insights dotted with vivid analogies and Francis’s own strongly held personal views on what and how to trade during the covid-troubling months ahead. It may be a bit longer than most conversations I have here, but in my view, I think it earns its length. --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. For serious traders, well worth checking out - Francis's mentorship programme.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Dec 1, 2020 • 2min
Trailer to Episode 13
This is the trailer for episode 13 when I got together with Francis Hunt. Trader, technical analyst and teacher, Francis sees himself as a sniper, patiently waiting for the big trades. While he delights in causing controversy, he’s also passionate about helping new and up-and-coming traders improve their edge. He’s built a community of like-minded traders who support each other with trade ideas, peer review of set-ups and positive reinforcement.This was a high-energy, entertaining episode – valuable trading insights dotted with vivid analogies and Francis’s own strongly held personal views on what and how to trade during the covid-troubling months ahead. It may be a bit longer than most conversations I have here, but in my view, I think it earns its length. Well worth checking out - Francis's mentorship program.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Nov 18, 2020 • 2min
Trailer to Episode 12
In Episode 12 of A Trader's Life I chat with trader and mentor Anmol Singh. Anmol was raised in India, studied in the UK at Brunel University and now lives in New York. He launched Live Traders in 2015 with his former mentor Jared Wesley. Their company has been voted the #1 Trading Education Firm for three years in a row. It was abundantly clear from our chat that Anmol got to where he is today, making consitent profits over time, by sticking to a very disciplined strategy and not deviating from it. He also enjoys teaching other traders how to follow his approach.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Nov 18, 2020 • 36min
Episode 12 | Anmol Singh - stocks trader and mentor
In Episode 12 of A Trader's Life I chat with trader and mentor Anmol Singh. Anmol was raised in India, studied in the UK at Brunel University and now lives in New York. He launched Live Traders in 2015 with his former mentor Jared Wesley. Their company has been voted the #1 Trading Education Firm for three years in a row. It was abundantly clear from our chat that Anmol got to where he is today, making consitent profits over time, by sticking to a very disciplined strategy and not deviating from it. He also enjoys teaching other traders how to follow his approach.-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.

Nov 16, 2020 • 43min
Episode 11 | Jeff Yastine - swing trader
In Episode 11 I talk with swing trader Jeff Yastine. Originally a financial journalist, Jeff is now a full time trader and an integral part of Wealth Press headed up by Roger Scott. Jeff talks to me about his early beginnings in trading and the key elements to a potentially profitable trade. ==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.

Nov 16, 2020 • 1min
Trailer to Episode 11
Trailer for Episode 11 with swing trader Jeff Yastine. Originally a financial journalist, Jeff is now a full time trader and an integral part of Wealth Press headed up by Roger Scott. Jeff talks to me about his early beginnings in trading and the key elements to a potentially profitable trade. Join us for the full episode published on buzzsprout, itunes and Spotify later today. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Nov 4, 2020 • 26min
Episode 10 | Karl Dean - equities trader
In Episode I0 of A Trader's Life, I talk to equities trader Karl Dean, who traded stocks and shares part-time for several years before turning fulltime pro. What came across for me was just how much Karl genuinely likes to help people new to trading. And, in fact, Karl is in the process of setting up a mentorship program... Listen to the full episode on iTunes, Spotify or other favourite podcast platform. --Not a fan of MT4? Me neither. So clunky and ugly, right? So why not try out a trading platform that's easy to use, with a nice and clear layout, easy on the eye. Very important: these guys are regulated by the FCA. If you join via my link you help me keep this podcast going - so thanks in advance if you do!Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Nov 4, 2020 • 1min
Trailer to Episode 10
This is a clip from Episode I0 of A Trader's Life. I talk to equities trader Karl Dean, who traded stocks and shares part-time for several years before turning fulltime pro. What came across for me was just how much Karl genuinely likes to help people new to trading. And, in fact, Karl is in the process of setting up a mentorship program... Listen to the full episode on iTunes, Spotify or other favourite podcast platform. --Not a fan of MT4? Me neither. So clunky and ugly. Try out a trading platform that's easy to use, with a nice and clear layout, easy on the eye. Very important: these guys are regulated by the FCA. If you join via my link you help me keep this podcast going - so thanks in advance if you do!Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.