Louise sat down for a frank discussion with Ray Trevisan from the radio show – Dollars & Making Sense.
I can tell you… if you get THIS wrong, you’ll perish as a trader – so I know you’re going to want to hear what Louise and Ray chatted about.
Plus, they talk about trading instruments with specific risk and how, if you’re not careful, you can get caught by manic behaviour. This is how to protect yourself as well as maximise your chances of getting involved in trades that have an upward bias.
You’ll learn the specifics of what to put in your plan, and how to write it. They also talk about some surprises about what it takes to make it as a trader.
2:36 – Why is Louise qualified to talk about trading the markets
5:48 – Beware of the Finfluencers. Why we need regulation in markets
11:24 – The industry classes that people miss out on
12:44 – The importance of avoiding specific risk
18:20 – What to put into your trading plan
21:16 – Optimism bias
30:52 – The archetypes Louise uses
38:38 – Share your dreams carefully
44:12 – Why maintenance is so important
45:40 – Why trading isn’t gambling
About Ray Trevisan
Ray Trevisan runs a weekly radio show, called Dollars & Making Sense – and podcast about all things money and investing.
Based on the Northern Beaches of Sydney, Australia, Ray has helped so many understand the core principles of making money and keeping it.
Ray is the Fund Manager and Director of OTG Capital, a boutique Investment Trust dealing in fixed-interest income offerings.
He has over 20 years extensive experience in business and management in both public and private sector organisations. Ray is also a long time community volunteer and during the summer months patrols at Bilgola Beach SLSC, enjoying the outdoors and live music.
About Louise Bedford
Louise Bedford is a highly accomplished and experienced trader, educator, and author, with over 30 years of experience in the financial markets. She is the co-founder of The Trading Game, and is known for her unique approach to teaching trading psychology and market analysis.
Louise has authored several successful trading books, including Trading Secrets, Charting Secrets, and The Secret of Candlestick Charting. She is also a regular contributor to Ausbiz, the Your Trading Edge magazine, and is the host of the Master Your Trading Mind Hub at IG Markets Australia.
To get in touch with Louise