Thanks for tuning in to this fascinating episode! During this show, we catch up with your host, Rob Booker, as he is sitting in the parking lot of a Whole Foods grocery store, somewhere in Salt Lake City. Rob interviews Scott Hines of Australia, who lives at the top of the state of Victoria. Scott is a 14-year veteran trader who uses Neuro-Linguistic Programming (or NLP), which helps to influence one’s emotional and psychological state, or assists in replacing negative behaviors with more positive ones, among other things.
Rob talks to Scott about some specific uses for NLP, such as an example where a trader struggles with fear every time a trade goes into profit. Scott discusses the concept of “anchors,” which are physical or sensory inputs that act as a catalyst for an automatic or instinctive reaction — or in other words — something that serves as a trigger for making a person feel or behave a certain way (and this can be positive or negative). Scott also discusses how human beings make associations and have patterns in place for everything in their lives.
And finally, we’ll also hear a current update from Rob on his Trade-for-a-Living Tour and hear what he’s doing today in Santa Fe, New Mexico. Trust us… you don’t want to miss this one!
Editors’ Picks
How will US Dollar react to Q1 GDP data? – LIVE
The US' GDP is forecast to grow at an annual rate of 2.5% in the first quarter of the year. The US Dollar struggles to find demand as investors stay on the sidelines, while waiting to assess the impact of the US economic performance on the Fed rate outlook.
EUR/USD holds gains above 1.0700, as key US data loom
EUR/USD holds gains above 1.0700 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
GBP/USD extends recovery above 1.2500, awaits US GDP data
GBP/USD is catching a fresh bid wave, rising above 1.2500 in European trading on Thursday. The US Dollar resumes its corrective downside, as traders resort to repositioning ahead of the high-impact US advance GDP data for the first quarter.
Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited.
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.
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