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The New Traders Podcast

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Rating
★★★★★
5
from
7 reviews
This podcast has
13 episodes
Language
English
Publisher
Rob Booker
Explicit
No
Date created
2026/04/17
Latest episode
2026/04/22
Average duration
-
Release period
1 days

Description

Short essays on trading from Rob Booker. The basic trade is against yourself. Never let a small loss become a huge one. And other things you already knew.

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13: You might not be addicted to trading. You might be addicted to simulating progress.
2026/04/22
A short essay about a category error, which is a fancy way of saying you might be doing the wrong job.
7: Don't rent your conviction from other people.
2026/04/22
On social pressure, borrowed conviction, and the particular discomfort of holding a trade you don't actually have a thesis for.
6: Your account should not be a democracy.
2026/04/21
On leadership, governance, and the unflattering fact that most retail accounts are run like unstable coalition governments.
5: Confidence is built, not declared.
2026/04/20
On self-efficacy, grandiosity, and the quiet compounding that happens when you stop declaring confidence and start building it out of things you can actually point to.
12: Ambition is sacred, but it still needs a calendar.
2026/04/17
On noble ambition, the calendar test, and the uncomfortable discovery that the daily shape of professional work is much less flattering than the fantasy of it.
11: Turning pro mostly means cutting the amateur theater.
2026/04/17
On the gap between looking like a trader and being one, shadow careers, deliberate practice, and the uncomfortable moment when the theater stops.
10: Average habits don't produce above-average returns.
2026/04/17
On the unpleasant mechanics of competitive fields, the difference between wanting a result and building the routine that produces it, and why 'Can I trade for a living?' is probably the wrong first question.
9: The billion-dollar question, and what it actually answers.
2026/04/17
On making a billion dollars, whether anyone has done it twice, and why the answer is less interesting than the question.
8: Delegate the parts of trading that make you stupid.
2026/04/17
On automation, implementation intentions, and the parts of trading where the human in the loop is provably the weak link.
4: You can't trade in the past.
2026/04/15
On backtests, forward testing, and the inconvenient way that historical elegance keeps collapsing the moment real money shows up.
3: Trade smaller than your ego likes.
2026/04/15
On position sizing, overconfidence, and the very common phenomenon of being too big too early — which ruins more traders than bad ideas do.
2: Never let a small loss become a huge one.
2026/04/15
On loss aversion, the disposition effect, and the deeply unglamorous discipline of refusing to escalate.
1: The basic trade is against yourself.
2026/04/15
On greed, process, the disposition effect, and the quietly ridiculous habit of demanding that a perfectly good trade go do something even better.

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5 out of 5
7 reviews

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