My guest on this episode is one of Australia’s most compelling speakers on the share market and best-selling author of six books on investing and trading.
Louise Bedford has been trading the markets since 1990 and has trained thousands of people to maximise their own trading potential.
Louise is a behavioural finance expert and has degrees in Psychology and Business.
Known as ‘the corporate executive who lost the use of her arms and achieved financial freedom by trading with a pen in her mouth’ – Louise inspires people to achieve their trading best.
Her presentations are not about vague concepts that don’t work in the real world. They are about incredibly practical, time-saving strategies that you need to implement in order to become an extremely successful trader.
Her key areas of focus are using candlestick charts, trading psychology, pattern detection, the impact of neuropsychology on trading decisions and trading crisis management.
Officially crowned as Australia’s ‘Candlestick Queen’, she’s known as the trader that brought this fascinating technique to Australia.
She’s been running the 6-month repeat-for-free www.tradinggame.com.au Mentor Program since the year 2000, and she’s also the founder of www.talkingtrading.com.au, a free weekly trading podcast.
Show Notes
· What is a ‘behavioural finance expert’?
· Let’s go back to the beginning and tell us how your trading journey started.
· It’s been said that trading is basically looking into a crystal ball…..how does the past define the future?
· Warren Buffet famously bet a million dollars with a high-profile fund manager that he could create a better 10 year return purely by investing in a mutual fund and won the bet.
· Let’s look at the key components:
· Trading psychology
· Pattern detection.
· the impact of neuropsychology on trading decisions
· trading crisis management.
· Fair to say day trading is not for the faint hearted / risk averse?
· Where should we start?
· What amount is a practical starting point?
· Louise’s top 3 tips
1. Be careful who you associate with.
2. Be willing to ‘self-assess’. You have to be honest with yourself with where you are at.
3. Find an unreasonable friend. A friend who will be honest with you.
For more information about Louise, podcast, resources, and her programs, follow the links below.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com