

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

Oct 7, 2020 • 24min
Episode 4 | Louise Nonweiler - hypnotherapist for traders
My guest this week is Louise Nonweiler, an award-winning hypnotherapist and life coach, who specialises in helping traders overcome limiting beliefs and adrenaline overload when trading. She has successfully transformed the lives and fortunes of many a troubled trader. So, how does she do it? Listen to this episode to find out. --Nicholas Penrake's latest novel A couple of young women use their smart phones to manipulate events leading to a murder.Buzzsprout - Let's get your podcast launched!Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Oct 7, 2020 • 1min
Trailer to Episode 4 | Louise Nonweiler - hypnosis for traders
This is the trailer for Episode 4 of A Trader's Life. My guest this week is Louise Nonweiler, an award-winning hypnotherapist and life coach, who specialises in helping traders overcome limiting beliefs and adrenaline overload when trading. She has successfully transformed the lives and fortunes of many a troubled trader. Check out Episode 4 to find out how she does it. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

4 snips
Oct 5, 2020 • 37min
Episode 3 | Richard Krugel - price action expert
In episode 3 of A TRADER’S LIFE I talk with Richard Krugel, a trader based in South Africa. Richard gives a very honest account of how he got into trading, persevered for many years before he was able to make consistent gains every month.Richard's course on trading currency options is running a Black Friday Sale till Friday November 27th. I'm not set up as an affiliate for his course, but I highly recommend you check it out if you're looking for a less time-sucking and more profitable way of trading Forex.--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.

Oct 5, 2020 • 1min
Trailer to Episode 3
This is the trailer for episode 3 of A TRADER’S LIFE and my guest this week is Richard Krugel, a trader based in South Africa. Richard gives a very honest account of how he got into trading, persevered for many years before he was able to make consistent gains every month. Today he takes great pleasure in mentoring traders from around the world.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Sep 30, 2020 • 53min
Episode 2 | Cecil Laurens - currency options
In episode 2 of A TRADER’S LIFE I talk to Cecil Laurens, a trader based in South Africa. Cecil gives an amusing account of how he got into trading, struggled for many years before coming to the realisation his personality and lifestyle required that he work with a trading strategy with a certain amount of set-and-forget built in. Today he teaches his own successful strategy for trading currency options.Find out about his currency options course from here.--Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Sep 30, 2020 • 2min
Trailer to Episode 2
This is the trailer for episode 2 of A TRADER’S LIFE and my guest this week is Cecil Laurens, a trader based in South Africa. Listen to Cecil’s amusing account of how he got into trading, struggling for many years before designing a successful strategy for trading currency options.If by some chance you miss the full episode this week, you can find A Trader’s Life on itunes, spotify and at the website atraderslife.buzzsprout.com.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Sep 22, 2020 • 47min
Episode 1 | Mark Prime - forex trader & mentor
In Episode 1 of A TRADER’S LIFE I get to talk with professional trader and mentor, Mark Prime. Find out how Mark first got into trading, toughed it out for two years, barely breaking even during that time, and then went on to become a successful professional trader who, besides his own trading now mentors newbies as well as trading for his own list of clients. --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.

Sep 22, 2020 • 1min
Trailer to Episode 1
Welcome to the trailer for episode 1 of A TRADER’S LIFE with me, Nicholas Penrake, and my guest Mark Prime. Find out how Mark first got into trading, toughed it out for two years barely breaking even, and went on to become a successful professional trader who besides his own trading now mentors newbies as well as trading for his own list of clients. If by some chance you miss the full episode this week, you can find A Trader’s Life on itunes, spotify and at the website atraderslife.buzzsprout.com.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Sep 22, 2020 • 40sec
A TRADER'S LIFE | INTRO
In A Trader’s Life Nicholas Penrake talks to successful traders about their approach to trading, how they started out and went from broke or breaking even to pulling in thousands of dollars a week. 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 gets to talk to.Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Buzzsprout - Let's get your podcast launched!Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.