Scaling up Trading Accounts. TOGS Season 3 Episode 12
In season 3 episode 12 of the TOGs Trading Podcast, the hosts discuss the psychological challenges of scaling up trading accounts. They emphasize that success depends on mindset, risk discipline, and process consistency rather than balance size. Paul shares insights from coaching traders, highlighting common mistakes like over-capitalization and emotional trading. Ian recounts personal experiences, noting the importance of position sizing and the impact of external pressures. They stress the need for incremental growth, mechanical scaling, and self-awareness to manage fear and greed effectively. The episode concludes with a reminder that scaling up is a mirror reflecting one's mastery of risk and self-awareness.
When should a trader go big- and why ‘all in’ is just wrong. TOGS Trading Podcast Season 3 Episode 11
The TOGs Trading Podcast season 3 episode 11 discusses the allure and risks of going "all in" on a trade. Paul emphasizes that good trading is about managing risk with discipline, not bravery. Ian shares personal experiences, noting that most traders lose 90% of their money in 90 days. They highlight the importance of consistent setups, evolving systems, and the dangers of survivorship bias. The conversation also covers the psychological aspects of trading, including the impact of ego, excitement, and external pressures. They stress the need for a structured approach to scaling up, focusing on process and risk management over impulsive decisions.
Boredom might be your biggest trading risk-here’s why. TOGS Trading Podcast Season 3 Episode 10
The discussion on the TOGS Trading Podcast in Season 3 episode 10 explores the dangers of boredom and excitement in trading. Paul emphasizes that good trading is often boring but necessary to avoid impulsive decisions. Ian shares his experience of reducing position size to observe subconscious reactions and managing unexpected market movements. They discuss the importance of focusing on the process rather than the thrill, and the concept of the "flow state" in trading, comparing it to playing a video game. They also highlight the need for a consistent routine and the potential pitfalls of overtrading due to excitement or frustration.
Building and Evolving your Trading System. TOGS Trading Podcast Season 3 Episode 9
In episode 47 of the Togs Trading Podcast, hosts discuss the importance of evolving and improving trading systems. They emphasize the need for traders to avoid common mistakes such as overcomplicating strategies, system hopping, and ignoring feedback. They highlight the significance of understanding market contexts, developing personal methods, and maintaining discipline. The conversation also touches on the psychological aspects of trading, including the importance of self-forgiveness and the long-term nature of trading success. Practical advice includes documenting trades, focusing on one variable at a time, and regularly reviewing and adapting strategies.
“Hope is not a Strategy”! TOGS Trading Podcast Season 3 Episode 8
In this episode of the TOGS Trading Podcast, hosts discuss the dangers of relying on hope in trading. Paul emphasizes that hope can lead to poor decision-making and paralysis, while Ian shares personal experiences of successful and unsuccessful trades, highlighting the importance of having a well-sized account and adequate liquidity. They agree that hope should be replaced with a structured trading plan and proper risk management. The conversation also touches on the role of belief, which is seen as a more rational and evidence-based approach to trading, contrasting with the fleeting and potentially harmful nature of hope.
Are you a good trading student? Togs Trading Podcast Season 3 Episode 7
In this episode of the TOGs Trading Podcast, hosts discuss what makes a good trading student. They emphasize the importance of being a lifelong student of the markets, free from ego and bias. Ian shares his experience with a recent successful trade involving a double bottom in the ES, highlighting the significance of market setups. They also discuss the role of psychology, self-discipline, and the need for traders to be motivated by internal factors rather than external pressures. The conversation underscores the necessity of reflecting on one's own behavior and motivations, keeping a learning journal, and seeking constructive feedback to improve trading skills.
Can AI do your trading for you? TOGS Trading Podcast Season 3 Episode 6
The discussion on the TOGS Trading Podcast explores whether AI can replace human traders. Paul and Ian debate the pros and cons of AI in trading, emphasizing the need for trust in AI's decision-making capabilities. They highlight AI's advantages, such as 24/7 availability, faster data processing, and reduced emotional bias, but also note its limitations, including the need for human supervision and the risk of overfitting. They discuss AI's role in complementing human traders rather than replacing them, and the importance of intuition and adaptability in trading. The conversation concludes with a note on the potential for AI to enhance trading efficiency but warns against relying solely on AI for trading success.
Should you trade through August? TOGS Trading Podcast Season 3 Episode 5
The discussion centered on whether it's wise to trade in August. Ian noted that August is typically quieter with lower volumes, leading to fewer trading opportunities and increased risks. He suggested that traders should use this time for office work and strategy planning, as September is usually busy. Both speakers agreed that taking a break can help avoid burnout and improve intuitive trading skills. They also discussed the impact of technology on continuous trading and the importance of maintaining trading routines and checklists to ease back into trading post-break. The conversation concluded with plans for future podcasts on intuitive trading and AI in trading.
What is your edge as a trader? TOGS Trading Podcast Season 3 Episode 4
The Togs Trading Podcast discusses the concept of "edge" in trading. Paul and Ian explore different types of edges, including technical, informational, execution, and psychological. They emphasize the importance of simplicity, resilience, and emotional control. Ian shares personal experiences from trading on a beach, highlighting the effectiveness of basic price action over complex technical tools. They also discuss the pitfalls of ego, fear, and overcomplication in trading. The episode concludes with practical advice on maintaining and improving trading edges, stressing the need for continuous self-reflection and adaptation.
Attacking Trends-why and how? TOGS Trading Podcast Season 3 Episode 3
The discussion this episode focused on attacking trends in trading, emphasizing the importance of identifying and capitalizing on strong trends. Speaker 1 highlighted that trends occur only 20-30% of the time, making it crucial to surf them when they do. They discussed various strategies, including mean reversion, range trading, and swing trading. Specific examples included trading the Japanese yen's weakness against the Swiss Franc and Euro, and the importance of technical targets and pullbacks. The conversation also touched on the psychological aspects of trading, the impact of news on markets, and the necessity of adapting to market conditions.
Can you make the 2nd half of 2025 your best 6 months yet? TOGS Trading Podcast Season 3 Episode 2
The Togs Trading Podcast for Season 3 Episode 2 discusses strategies for making the second half of 2025 the best six months for traders. The hosts reflect on the first six months, noting the volatility and the need for refocusing. They emphasize the importance of data analysis, consistency, and setting clear goals. Ian suggests longer, higher-quality trades and a more formal approach to reduce work pressure. They also highlight the psychological aspects of trading, the need for a supportive community, and the importance of managing various aspects of personal health. The next episode will cover attacking a trend.
Welcome Back for Season 3! TOGS Trading Podcast Season 3 Episode 1
Paul and Ian discuss their return to the TOGS Trading Podcast after a six-month hiatus. Paul notes the volatility in Q2 and his success with longer-term position trades, despite initial skepticism. Ian talks about his struggle to transition from scalping to longer trades, citing his tendency to think like a scalper. They also discuss the challenges of trading during the summer, including reduced market activity and the impact of holidays on trading behavior. Ian introduces the concept of gap trades and double bottoms, emphasizing their effectiveness for new traders. They plan future sessions on trading in August and the potential impact of AI on trading.
