In this one for the ages, your host Rob Booker catches up with The Coach Scott Welsh to talk about going “all in” to trade for a living. Recently Scott sent Rob an e-mail about his surprising journey into peak-performance tennis coaching and used that story to parallel his thoughts about making the leap to trading for a living.
Rob talks about the benefits of inviting abundance into your life by consuming positive material. He also suggests that many traders are delusional about their fearfulness and the obstacles that stand in their way of success. Scott talks more specifically about the mindset that enables a person to commit to going all in, even in the face of discouraging circumstances or setbacks. All of this and so much more awaits you in Episode 302 of The Traders Podcast. Thanks for listening.
Editors’ Picks
EUR/USD regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold holds around $2,330 after dismal US data
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.
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