The Pick-Up Artists of the Financial World


Share:
Awards 2013

In Episode 276, you’ll hear your host Rob Booker ask Jason the producer a number of quick-response questions. One such question — which we’d love for the listeners to answer in the comments below — is this: People are ________ (fill in the blank). Rob talks about our snap-judgment perceptions of people, such as when our neighbor gives us a stern look — how do we interpret that look? Rob says the market “gives us looks,” too, and that we shouldn’t take it personally. Rob also talks about how traders are the pick-up artists of the financial world. All of this and more in Episode 276 of The Traders Podcast. Thanks for listening.

Player Rob Booker

Editors’ Picks

EUR/USD rises toward 1.0700 after Germany and EU PMI data

EUR/USD rises toward 1.0700 after Germany and EU PMI data

EUR/USD gains traction and rises toward 1.0700 in the European session on Monday. HCOB Composite PMI data from Germany and the Eurozone came in better than expected, providing a boost to the Euro. Focus shifts US PMI readings.

EUR/USD News

GBP/USD holds above 1.2350 after UK PMIs

GBP/USD holds above 1.2350 after UK PMIs

GBP/USD clings to modest daily gains above 1.2350 in the European session on Tuesday. The data from the UK showed that the private sector continued to grow at an accelerating pace in April, helping Pound Sterling gather strength.

GBP/USD News

Japanese Yen struggles to lure buyers amid divergent BoJ-Fed policy expectations

Japanese Yen struggles to lure buyers amid divergent BoJ-Fed policy expectations

The Japanese Yen draws some support from the possibility of a government intervention. The divergent BoJ-Fed expectations and easing Middle East tensions cap the safe-haven JPY. Traders also seem reluctant ahead of the key US macro data and BoJ meeting later this week.

USD/JPY News

Editors’ Picks

EUR/USD rises toward 1.0700 after Germany and EU PMI data

EUR/USD rises toward 1.0700 after Germany and EU PMI data

EUR/USD gains traction and rises toward 1.0700 in the European session on Monday. HCOB Composite PMI data from Germany and the Eurozone came in better than expected, providing a boost to the Euro. Focus shifts US PMI readings.

EUR/USD News

GBP/USD holds above 1.2350 after UK PMIs

GBP/USD holds above 1.2350 after UK PMIs

GBP/USD clings to modest daily gains above 1.2350 in the European session on Tuesday. The data from the UK showed that the private sector continued to grow at an accelerating pace in April, helping Pound Sterling gather strength.

GBP/USD News

Gold price flirts with $2,300 amid receding safe-haven demand, reduced Fed rate cut bets

Gold price flirts with $2,300 amid receding safe-haven demand, reduced Fed rate cut bets

Gold price (XAU/USD) remains under heavy selling pressure for the second straight day on Tuesday and languishes near its lowest level in over two weeks, around the $2,300 mark heading into the European session.

Gold News

Here’s why Ondo price hit new ATH amid bearish market outlook Premium

Here’s why Ondo price hit new ATH amid bearish market outlook

Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.

Read more

US S&P Global PMIs Preview: Economic expansion set to keep momentum in April

US S&P Global PMIs Preview: Economic expansion set to keep momentum in April

S&P Global Manufacturing PMI and Services PMI are both expected to come in at 52 in April’s flash estimate, highlighting an ongoing expansion in the private sector’s economic activity.

Read more

RECOMMENDED LESSONS

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology