What is everyone's thoughts on Chat With Traders?

[Fill_Or_Kill]

I found this podcast during a long haul flight... the guy who produces it certainly puts a lot of effort in and the editing seems solid to be honest - he's a natural at asking pretty decent questions and it just seems to be him cranking this out over Skype. No annoying errors like looping audio as you get in some amateur podcasts.

I would say the quality of guests is absolutely ludicrously variable, but all occasionally enjoyable for their own niche. Ridiculously you have high IQ mensch-types Ed Thorp and Blair Hull on the same podcast channel as ex Futex turdlords such as Tom Dante ("I wos institutional I wos I swear, I won't mention I was trading market profile in Woking oi oi.").

For anyone unsure, this is a bit like having Noam Chomsky on one week, followed by Stacey Dooley the next, and each given an equal pedestal.

Even worse than London hot air propstars, there's the odd blatant scammer on there who the presenter is often drawn in by during the discussion. That said, the podcast producer is very young and new to trading by his own admission.

Worth a go on your commute.

 

[EnlightenedJoe]

Just post up the videos before forooms does. No need to be shy.

The loose rate from the internet traders are already high. The videos won't make it higher.

 

[Fill_Or_Kill]

Just post up the videos before forooms does. No need to be shy.

The loose rate from the internet traders are already high. The videos won't make it higher.

I'm not sure I follow what you mean.

 

[EnlightenedJoe]

Those videos are on youtube, and foroom will be putting them up. You can beat him to it.

 

[Fill_Or_Kill]

Those videos are on youtube, and foroom will be putting them up. You can beat him to it.

My exposure to this foroom character has been minimal. I had never heard of the podcast until my flight, hence my post. Phone - podcast - download - enjoy, or don't.

 

[darktone]

I'm not sure I follow what you mean.

Nah you wont, youre not fluent in 'im a coont'.
Thanks for the link to podcasts. Havent come across it before an looks like theres worthwhile material in there. Always good to keep an open mind

 

[f2calv]

I have listened to a few CWT episodes on and off the past year or two and I agree with the varied caliber of the "guests"... Some of these guests have got to have paid to be interviewed surely!? Why do i say that, well when you google some of these interviewees and if any offer tuition/courses you know it's just another snake oil salesmen to avoid.

As for Aaron, he seems fairly genuine albeit sounds a little drone-like. I have to say he occasionally asks a fairly complex question which, when answered, he just replies "cool, cool" ...because i assume he clearly he didn't understand their answer and didn't have the balls to admit it and ask for further clarification.

Those interviews such as the Dante one are worthwhile, even if purely for the entertainment value...

CWT has fellow Australian competition, Better System Trader, https://www.youtube.com/channel/UCXtFh3dcGQ1wfORL1tZxKrQ also sounds sadly drone like, but the interviews are tailored to the systematic trader rather than discretionary.

 

[Fill_Or_Kill]

I have listened to a few CWT episodes on and off the past year or two and I agree with the varied caliber of the "guests"... Some of these guests have got to have paid to be interviewed surely!? Why do i say that, well when you google some of these interviewees and if any offer tuition/courses you know it's just another snake oil salesmen to avoid.

As for Aaron, he seems fairly genuine albeit sounds a little drone-like. I have to say he occasionally asks a fairly complex question which, when answered, he just replies "cool, cool" ...because i assume he clearly he didn't understand their answer and didn't have the balls to admit it and ask for further clarification.

Those interviews such as the Dante one are worthwhile, even if purely for the entertainment value...

CWT has fellow Australian competition, Better System Trader, https://www.youtube.com/channel/UCXtFh3dcGQ1wfORL1tZxKrQ also sounds sadly drone like, but the interviews are tailored to the systematic trader rather than discretionary.

Agreed he could essentially be replaced by a Macro and that "cool cool" thing is spot on, but I think he's super young and trying to stay on everyone's good side. Not to mention he has zero clue about options, automated systems etc, he's basically a standard retail trader who has a decent understanding of what it is to trade outrights and similar - I think that makes his podcast more interesting at times, even though as you say he struggles to ask a meaningful question.

It also goes to show how prone young and keen types are to falling for BS. He fell in love with this clown sat in his Tesla talking crap - Siam Kidd was his name upon googling - really goes to show how rehearsed keynote speaker stuff can override critical faculties. On looking up this individual on Companies House I see he presided over a silver dealing company that was forced into liquidation owing HMRC 80+k of VAT while his directors loan account was overdrawn to the tune of 100k+, yet he mentioned on the podcast he'd sold a silver company for a nice profit - woops - nice of HMRC to let him essentially take VAT out of the Exchequer's pockets and live off it without raising a legal dividend in the process. None of his other companies have seen success before being dissolved, one is currently insolvent, and most that are active are newly formed.

As you say I think he has some weird agreement with certain people, that they don't actually plug their training directly, but obviously listeners will google names and get involved that way. It's possibly harmful, but to his credit he does have a (small) number of guests who lambaste "mentors" from minute 1.

 

[EnlightenedJoe]

but obviously listeners will google names and get involved that way. It's possibly harmful

Yes, and definitely. But so what ? People already lose. Losing from the presented info will just be losing in another way to the original way they lose.

 

[Fill_Or_Kill]

Yes, and definitely. But so what ? People already lose. Losing from the presented info will just be losing in another way to the original way they lose.

What's your solution to what irks you, Joe? These affected individuals were never going to make it in trading, not in this era anyway. Ban retail trading?

 

[EnlightenedJoe]

What's your solution to what irks you, Joe? These affected individuals were never going to make it in trading, not in this era anyway. Ban retail trading?

I have not considered a solution. Banning retail would be banning myself.

 

[Fill_Or_Kill]

I have not considered a solution. Banning retail would be banning myself.

Don't you use spread betting to trade rolling spot? Is that even considered retail? What's the rung below?

The winky face makes everything alright.

 

[EnlightenedJoe]

Don't you use spread betting to trade rolling spot? Is that even considered retail? What's the rung below?

The winky face makes everything alright.

I don't think mine is spreadbet. I don't know what it is. It moves. So it does the job.

Whatever happens, banning retail will be bad for me. I am trying to extract money from the shop. The shop gets their money from the internet (aka retail) traders. If the retail disappears, the shop goes bankrupt and takes everything in my account.

 

[Fill_Or_Kill]

I don't think mine is spreadbet. I don't know what it is. It moves. So it does the job.

Whatever happens, banning retail will be bad for me. I am trying to extract money from the shop. The shop gets their money from the internet (aka retail) traders. If the retail disappears, the shop goes bankrupt and takes everything in my account.

Blimey does the taxman know what "it is" at least?

I'm only messing - I'm sure you're doing your best and aren't entirely thick. You've just let yourself become entirely humourless hanging around these places.

 

[EnlightenedJoe]

Blimey does the taxman know what "it is" at least?

I don't think they do. We just muddle through, kind of.

I'm only messing - I'm sure you're doing your best and aren't entirely thick. You've just let yourself become entirely humourless hanging around these places.

I hang here for the same reason you do: to talk about the latest money making schemes.

 

[Fill_Or_Kill]

I don't think they do. We just muddle through, kind of.

Making low four figures PA probably isn't going to attract anyone's interest I'd imagine.

I hang here for the same reason you do: to talk about the latest money making schemes.

Let's hear them?

 

[EnlightenedJoe]

Making low four figures PA probably isn't going to attract anyone's interest I'd imagine.



Let's hear them?

I'd assume they don't care about low 5 figures.

The absolute latest scheme I know is buy low sell high. Would you believe it, this actually works ?

 

[Fill_Or_Kill]

The absolute latest scheme I know is buy low sell high. Would you believe it, this actually works ?

What's your sample size on that?

 

[EnlightenedJoe]

What's your sample size on that?

The last sample I had was mid 4 figures. I will experiment with low 5 figures next and then get back to you once I have the data. Though this could take upto 6 months.

 

[Fill_Or_Kill]

The last sample I had was mid 4 figures. I will experiment with low 5 figures next and then get back to you once I have the data. Though this could take upto 6 months.

That unfortunate traders dilemma of being possessed of a vast surfeit of talent, yet an inconsequential amount of funds.

Wouldn't it be quicker to get a paper round?