During this episode, you’ll hear your host Rob Booker talking with the producer about conflict avoidance. Rob begins by comparing and contrasting styles of dealing with conflict as represented in the HBO television show “Girls” and the Showtime television series “House of Lies.” This comparison leads Rob to observe that not closing losing trades and avoiding conflict tend to go hand in hand.
Rob and Jason also discuss how becoming conflict-driven can help your trading (and your life), and it can assist you in learning to pounce on opportunities when they occur. Rob talks about how one can improve as a trader by saying exactly what’s on one’s mind. Rob discusses how these principles might apply to job-interviewing techniques, for instance, and Rob tells a fascinating story about a job interview that he once had with a company was so successful that he unintentionally caused a stir within the company. So, if you want to be more explicit in expressing what you want out of life and out of your trading career, then listen to Episode 119.
Rob and Jason also discuss how becoming conflict-driven can help your trading (and your life), and it can assist you in learning to pounce on opportunities when they occur. Rob talks about how one can improve as a trader by saying exactly what’s on one’s mind. Rob discusses how these principles might apply to job-interviewing techniques, for instance, and Rob tells a fascinating story about a job interview that he once had with a company was so successful that he unintentionally caused a stir within the company. So, if you want to be more explicit in expressing what you want out of life and out of your trading career, then listen to Episode 119.
Editors’ Picks
EUR/USD falls to near 1.1600 due to persistent bearish bias
EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent bearish bias as the EUR/USD pair remains within the descending channel pattern.
GBP/USD underperforms as UK faces stagflation risks amid Middle East war
The Pound Sterling trades lower against its major currency peers, is down 0.22% around 1.3340 against the US Dollar, during the Asian trade on Thursday. The British currency faces selling pressures amid fears that the United Kingdom economy could face stagflation risks due to higher energy prices, a situation in which inflation accelerates with economic growth and employment conditions remaining stagnant.
USD/JPY bounces back to 157.00 amid renewed USD demand
USD/JPY bounces back to near 157.00, cutting losses in the Asian session on Thursday. Renewed US Dollar demand amid Middle East and China concerns outweighs fears of Japanese intervention, aiding the pair's recovery.
Editors’ Picks
EUR/USD falls to near 1.1600 due to persistent bearish bias
EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent bearish bias as the EUR/USD pair remains within the descending channel pattern.
GBP/USD underperforms as UK faces stagflation risks amid Middle East war
The Pound Sterling trades lower against its major currency peers, is down 0.22% around 1.3340 against the US Dollar, during the Asian trade on Thursday. The British currency faces selling pressures amid fears that the United Kingdom economy could face stagflation risks due to higher energy prices, a situation in which inflation accelerates with economic growth and employment conditions remaining stagnant.
Gold climbs near $5,200 as Iran war fuels safe-haven demand
Gold price extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East. US and Israeli strikes across Iranian territory and widespread Iranian missile and drone retaliation across the Middle East, including attacks on regional targets and military sites, prolong the crisis and its impact.
Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000
Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.
First Venezuela, now Iran: The US-China energy war escalates Premium
At first glance, the latest escalation involving the United States with both Iran and Venezuela looks like another chapter in a long-running geopolitical story. But viewed through a broader strategic lens, something else may be unfolding: Energy.
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What Are the 10 Fatal Mistakes Traders Make
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The challenge: Timing the market and trader psychology
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