

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 7, 2022 • 54min
Episode 55 | Kenny Glick - VWAP trader
From stand-up comedian to broker to professional trader – that’s been the career path of my next guest, Kenny Glick. As it happens, Kenny still does a stand-up routine, it’s just that he does it from his home office and for the benefit of his trading students, or VWAPians, as he calls them. The first time I came across Kenny talking on one of his live shows giving a demonstration of how he uses the volume waited price average indicator, I had a stupid grin on my face for the duration. But he’s no joke when it comes to getting results. So, stick around. This is a fun episode. --Looking for a way of making passive income by taking a stake in the crypto space that doesn’t require you to trade crypto.?Check out Yieldnodes. These guys provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s 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 8, 2021 • 33min
Trailer to Episode 54 | Garrett Hollander - FX "Loonie"
This is a clip from my chat with trader Garrett Hollander. Garrett started his career in marketing, got into trading as a sideline, and after the usual baptism by fire, with a little help from his mentor, managed to work out a way to trade his "favourite soap opera", USD/CAD (or Loonie) to make consistent gains. Listen to the rest of the conversation on A Trader’s Life podcast, episode 54. Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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.

Nov 8, 2021 • 33min
Episode 54 | Garrett Hollander - FX "Loonie"
Not so long ago, I had on the show a trader who trades nothing but US dollar pound. My guest today trades USDCAD, or the Loonie, pretty much exclusively. Garrett Hollander started his career in marketing, got into trading as a sideline, and after the usual baptism by fire, with a little help from his mentor, managed to work out a way to trade his "favourite soap opera", as he calls it, to make consistent gains. SurgeTrader, LLC is a US-based proprietary trading — or prop trading — firm, with a mission to accelerate trader funding and provide capital to profitable traders. Once traders have proven they can be profitable by passing an Audition, they become a part of the SurgeTrader funded trader community, with access to an account funded with up to $1 million. For more information on SurgeTrader or how to become a funded trader, visit https://www.surgetrader.com. ==Looking for a way of making passive income by taking a stake in the crypto space that doesn’t require you to trade crypto.?Check out Yieldnodes. These guys provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s 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 show (https://www.patreon.com/penrakespodcasts) Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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.

Nov 3, 2021 • 53min
Episode 53 | Dan Passarelli - Options expert
If you’re trading options, or thinking of giving options trading a go, stick around. Because my next guest, Dan Passerelli, is not only a highly successful options trader he’s also the president of Market Taker Mentoring, Inc. regarded as a global leader in option-trader education. Dan trains motivated beginners, intermediate, advanced and professional option traders to reach their full potential. In today’s episode we cover his early days as a runner and a clerk in the trading pits, right up today’s micro second trading world. he also gives us some of the thinking that forms the basis of his approach to the markets. ==Looking for a way of making passive income by taking a stake in the crypto space that doesn’t require you to trade crypto.?Check out Yieldnodes. These guys provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s 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. Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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.

Nov 3, 2021 • 2min
Trailer to Episode 53 | Dan Passarelli - Options expert
This is a clip from Episode 53 when trader Dan Passarelli was talking to me about trading in general and options in particular. Dan started his career as a runner and a clerk in the trading pits. In today’s electronic world, he trains motivated beginners, intermediate and professional option traders. If you’re interested in the life of an options trader, listen to the full episode 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.

Oct 12, 2021 • 4min
Trailer to Episode 52 | Clay Hodges - FX Trader & Mentor
This is a clip from my session with Clay Hodges, former party animal and latterly successful forex trader, mentor and podcaster. If you enjoy stories of transformation and coming through, listen to Episode 52 of A Trader’s Life. Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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 12, 2021 • 46min
Episode 52 | Clay Hodges - FX Trader & Mentor
Looking for a way of making passive income by taking a stake in the crypto space that doesn’t require you to trade crypto.?Check out Yieldnodes. These guys provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.It’s 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. Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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.

Sep 26, 2021 • 3min
Trailer to Episode 51 | Louise Bedford -Trader & Mentor
This is a clip from my session with trader and mentor, Louise Bedford. I think Louise has to be without question the most extraordinary person I’ve had on the show so far. Hers is so much more than just another trading success story, this is one of those human success stories favoured by documentary filmmakers. In her early twenties she lost her job due to a debilitating neurological disorder that deprived her of the use of her arms. This kind of a setback would be enough to floor most of us. But not Louise. Having learned to trade as a teenager, she threw herself into trading full time – trading with a pen in her mouth. Today she’s a highly regarded mentor and keynote speaker. If ever you needed some inspiration as a trader after a bad week, listen to this. Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.

Sep 26, 2021 • 43min
Episode 51 | Louise Bedford -Trader & Mentor
I realise it’s quite possible you’ve had a lousy week. Trading is a tough game, right? Well, here’s a thought: have you tried it without the use of your arms with a pen in your mouth? And no, I’m not being facetious. My next guest is without question the most extraordinary person I’ve had on the show so far. Hers is so much more than just another trading success story, this is one of those human success stories favoured by documentary filmmakers. In her early twenties she lost her job due to a debilitating neurological disorder that deprived her of the use of her arms. This kind of a setback would be enough to floor most of us. But not Louise Bedford. Having learned to trade as a teenager, she threw herself into trading full time – trading with a pen in her mouth. Today she’s a successful trader, a highly regarded mentor and keynote speaker. If ever you needed some inspiration as a trader after a bad week, or indeed a good week, listen to this. -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. Amazing De-Fi Investment OpportunityHyperverse operates in the blockchain space providing ordinary investors exceptional rewards Disclaimer: 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.

Sep 6, 2021 • 31min
Trailer to Episode 50 | Serge Berger - Fund Manager, Trader & Mentor
This is a clip from my conversation with Serge Berger, Chief investment officer at Blue Marlin Advisors and mentor at The Steady Trader. Over the course of just over 30 minutes, I ask Serge to give me his take on how best to trade the markets in the second half of 2021. Listen to the full episode from the file right alongside 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?Support the show (https://www.patreon.com/penrakespodcasts)Support the showSubscribe to A Trader's Life <<A Trader's Life on Twitter. Link up with me on Li.