Your host Rob Booker opens Episode 260 of The Traders Podcast by discussing a hot-button current events topic about a rescued POW. This leads to Rob asking what is our obligation — as a community of fellow traders — toward other traders who don’t do well. Rob talks about the benefit (or lack thereof) of piling more negativity on top of a trader who already suffers from regrets. Instead, in this episode, you’ll hear Rob give a prescription for more positivity. He also says trading mistakes are never about trading.
And Rob poses a question at the end of this episode that we’d like to hear your comments on: Can someone learn to trade in absolute silence (or in a vacuum — without any outside guidance)? Let us know in the comments, please. Thanks for listening.
Editors’ Picks
EUR/USD steady below 1.0800 after US PCE meets expectations
EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair barely reacted to US PCE inflation data, with the Greenback shedding some pips. Fed Chair Jerome Powell set to speak ahead of the weekly close.
GBP/USD hovers around 1.2620 in dull trading
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
Gold price sits at all-time highs above $2,230
Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.
Jito price could hit $6 as JTO coils up inside this bullish pattern
Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.
Key events in developed markets next week
Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.
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