Why do intelligent investors repeatedly make irrational decisions with their money?

In this special simulcast episode of Talking Trading, Louise Bedford and Australian property investment expert Michael Yardney explore the cognitive biases that quietly influence traders, property investors and long-term investors alike.

Together, they unpack five powerful behavioural biases:

• Confirmation bias
• Loss aversion
• Recency bias
• Anchoring
• Overconfidence

Why do traders ignore information that contradicts their position? 

Why are small losses so difficult to accept? Why do investors assume recent market conditions will continue? Why do we become emotionally attached to old prices? And why can a winning streak actually make an investor more dangerous?

Louise and Michael compare trading psychology with property investor psychology and reveal why the same behavioural mistakes appear across completely different asset classes.

You'll also discover why predefined rules, risk management, record keeping and a strong investment process can help protect you from decisions driven by emotion.

If you're interested in trading psychology, behavioural finance, investor psychology, ASX trading, Australian sharemarket investing, property investing, cognitive biases, risk management or long-term wealth creation, this episode offers practical insights into the psychology behind investment decisions.

Because while the investment might change, the psychology doesn't.

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Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

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www.talkingtrading.com.au.
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Most traders don’t fail because of bad charts.
They fail because of the beliefs driving their decisions.

In this solo episode of Talking Trading, Louise Bedford breaks down the five mindset shifts that separate inconsistent traders from those who trade with clarity, discipline, and confidence.

This isn’t motivational talk. It’s practical trading psychology - the kind that directly affects risk management, execution, and long-term results.

In this episode, you’ll learn:

• The phrases traders use that quietly sabotage performance - and what to say instead
• Why “I don’t have time” is a belief problem, not a scheduling problem
• How language shapes trading behaviour and risk decisions
• Why confidence only comes after action
• The powerful '80-year-old question' that cuts through fear and hesitation

Louise also explains positive arbitrage - why investing in the right education creates a permanent upgrade in how you think, decide, and trade.

If you’re frustrated by inconsistency, second-guessing, or stalled progress, this episode will help you reset how you approach trading - calmly, deliberately, and with structure.

Talking Trading is the podcast for time-poor Australian traders who want clarity, structure, and better decisions in the sharemarket.

Visit www.talkingtrading.com.au for more resources.

-------------------------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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After 36 years trading the markets, which traders and mentors still influence Louise Bedford today?

In this personal solo episode of Talking Trading, Louise reveals the seven people who transformed the way she thinks about trading: Jesse Livermore, Stan Weinstein, Nicolas Darvas, Steve Nison, Ed Seykota, Van Tharp and Dr Harry Stanton.

Each contributed a different piece of the puzzle. Trading psychology, patience, technical analysis, candlestick charting, market structure, trading systems, position sizing, risk management and personal development.

You'll discover how Stan Weinstein's Stage Analysis changed the way Louise finds trading opportunities, why Nicolas Darvas taught her to wait for confirmation, how Steve Nison inspired her passion for candlesticks, and why Ed Seykota and Van Tharp changed her thinking about discipline and risk.

Louise also shares the deeply personal story of Dr Harry Stanton - the mentor and friend who helped shape not only the trader she became, but the person.

Key Takeaways

• Timeless lessons from seven legendary traders and mentors
• Jesse Livermore on trading patience
• Stan Weinstein and Stage Analysis
• Nicolas Darvas on momentum and confirmation
• Steve Nison on candlestick charting
• Ed Seykota on trading systems and discipline
• Van Tharp on position sizing and risk management
• Dr Harry Stanton on trading psychology and personal growth

For anyone interested in trading psychology, technical analysis, candlestick charts, trend trading, risk management, position sizing, ASX trading or becoming a more disciplined trader, this episode explores the ideas that have survived decades of changing markets.

Great traders come and go.

Great lessons endure.

----------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Most traders think they need a better strategy.

Robert van Eyden believes they're solving the wrong problem.

In this episode of Talking Trading, Louise Bedford sits down with trader, author, and Scope Prime South Africa CEO Robert van Eyden to explore why so many intelligent traders struggle to achieve consistent results in the Australian sharemarket and beyond.

Drawing on more than 30 years in financial markets and the lessons from his new book Jack of All Trades, Robert reveals why long-term trading success depends on mastering three critical pillars: Method, Mind and Money Management.

Together, Louise and Robert discuss trading psychology, fear, discipline, risk management, identity, and the habits that separate professional traders from those who never quite make it.

In this episode:

• Why smart traders keep making the same mistakes
• The missing link between method, mind and money management
• Why the trader is the real edge
• How fear and self-sabotage undermine performance
• The role of identity in trading success
• Why consistency matters more than brilliance
• What separates professional traders from amateurs
• Lessons from Robert's new book Jack of All Trades

If you're interested in ASX trading, trading psychology, trader mindset, risk management, or becoming a more consistent trader, this conversation is packed with practical insights that could change the way you approach the markets.

---------------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Most traders believe success stems from accurately predicting the market, but the real edge lies in having a reliable process.

In this episode, Louise sits down with Diana Perkins – Founder and CEO of Trading with Diana – to explore why a clear structure beats clever predictions every time.

Diana has spent her career helping professionals, advisors and organisations make better decisions under pressure. With her background in global banking strategy, corporate advisory, and trading education, she has a rare ability to simplify complex ideas and turn them into practical routines anyone can follow.

Together, Louise and Diana unpack the key elements of a strong trading process:

• Understanding market structure
• building a checklist that works
• knowing what matters in risk management
• creating a routine that builds confidence over time

You’ll hear why clarity is more powerful than intuition, and why a clean, consistent process frees you from second-guessing.

If you’ve ever felt overwhelmed by information, uncertain about your entries, or unsure whether your trading routine is strong enough, this episode will make everything feel more doable.

You’ll walk away with simple ideas you can apply straight away – and a renewed sense of confidence in your ability to trade well.

----------------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
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Why do so many traders understand what to do – but struggle to do it consistently?

In this episode of Talking Trading, Louise Bedford sits down with Robb Reinhold, Head Trader at Maverick Trading and host of the Trading Psychology Podcast, to unpack the real drivers of discipline and long-term trading performance.

This conversation goes beyond motivation and willpower. Robb explains why discipline fails under pressure, how professional traders design psychological systems that support consistency, and what actually helps traders execute their plans in live market conditions.

Together, they explore how trading psychology, structure, routines, and environment shape decision-making – especially during volatility, drawdowns, and emotional fatigue.

If you trade the Australian sharemarket or global markets and want to improve execution, reduce hesitation, and build repeatable habits, this episode will sharpen your edge.

You’ll learn:

• Why willpower isn’t enough for trading discipline
• How professional traders build systems that support consistency
• The psychological structures behind calm, repeatable execution
• Why consistency is a trainable skill, not a personality trait
• How to reduce emotional decision-making and self-sabotage

This episode is ideal for traders focused on mindset, discipline, and long-term performance.

Take your first confident steps toward building a trading system that supports clarity and consistency.

-------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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Most trading mistakes don’t happen on the chart.
They happen in the moments before you place the trade.

In this episode of Talking Trading, psychologist and trading mindset specialist Dr David Bonanno explains why discipline breaks down under pressure, and why knowing your rules is never enough. Drawing on 30+ years in mental health and work with over 17,000 clients, David reveals how adrenaline, fear, and subconscious patterns hijack decision-making long before traders realise it’s happening.

You’ll learn why traditional advice like "stay calm" or "just follow your plan" often fails, how impulsive trades are triggered automatically, and what disciplined traders do differently at a neurological level. 

David also shares practical techniques for retraining reflexes, reducing emotional reactivity, and building calm, repeatable execution - even in fast-moving markets.

If you’ve ever hesitated, over-traded, or broken your own rules despite knowing better, this episode will change how you understand discipline and your own mind.

Perfect for traders interested in:
trading psychology, discipline, impulse control, emotional trading, consistency, mindset, risk management, and behavioural finance.

Listen now and strengthen the mental edge that shows up before every trade.

-------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
YouTube
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Your trading results aren’t just about charts and systems - they’re about you. Your wiring. Your personality.

In this second part of her 2-part Trading Personality series, Louise Bedford explores the Thinker and Relater trader types, and how your money personality shapes every trading decision you make.

You’ll discover:

• A quick recap of the ready-reckoner quiz to identify your trading style.
• Highlights from last week’s Director and Socialiser personalities.
• Why you can have more than one personality trait — and how 'masking' can hide your natural style for years.
• The Thinker Trader: disciplined, precise, and admired for their expertise — but prone to analysis paralysis and self-criticism.
• The Relater Trader: calm, steady, and empathetic — but often hesitant, procrastinating, or dependent on others for reassurance.
• How conflicts with your spouse or trading partner often come down to not recognising each other’s basic personality needs.
• Practical ways to lean into your strengths and manage your blind spots, so you trade more naturally and confidently.

Louise also explains why this framework is her own version of Hippocrates’ ancient study of the four temperaments — but applied to the trading world.

And if you missed the full quiz last week, download the PDF here.

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Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
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Are you trading against your own personality without even realising it?

In this first part of her 2-part Trading Personality series, Louise Bedford explores the Director and Socialiser trader types, showing you how your wiring influences every trading decision you make.

You’ll discover:

• A quick ready-reckoner quiz to identify your trading style.
• Why you can have one primary personality and a secondary trait that shapes your behaviour.
• The Director Trader: decisive, competitive, and fast-acting — but prone to overconfidence and overtrading.
• The Socialiser Trader: optimistic, energetic, and community-focused — but easily distracted when trading stops being 'fun'.
• Real stories of how these personalities show up in the markets.
• Why 'masking' your true personality can hold you back, and how understanding your wiring makes trading easier and more natural.

This episode is Louise’s own modern take on Hippocrates’ four temperaments — but applied to the trading world.

Share this episode with a trading buddy or partner. It may explain a lot about how they approach the markets!

Don’t miss part two, Rewiring Your Money Personality for Market Success, next week, when Louise dives into the Thinker and Relater trader types. 

And if you want to take the full quiz, download the PDF here.

-----------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
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Artificial intelligence is transforming the trading world at extraordinary speed - but what does that actually mean for everyday retail traders?

In this episode of Talking Trading, Louise Bedford sits down with trading coach Brian McAboy to explore one of the most important questions facing modern traders: Will AI make you a better trader… or leave you behind?

AI is already changing how traders analyse markets, process information, generate ideas, and make decisions. But while artificial intelligence can scan data in seconds, it still can’t fully replace the human qualities that often determine trading success: judgement, discipline, adaptability, emotional control, and decision-making under uncertainty.

So where does that leave human traders?

Should retail traders embrace AI as a powerful trading tool? Or is over-reliance on technology creating a dangerous new trap?

Brian brings a unique perspective to this conversation. With a background in mechanical engineering, quality systems, and trading psychology, he understands the importance of consistency, process, and avoiding costly mistakes - all critical skills in today’s rapidly evolving trading environment.

In this episode:

• How AI is changing trading and investing right now
• Whether retail traders should fear artificial intelligence
• Where AI can genuinely improve your trading decisions
• The areas where human judgement still outperforms machines
• How traders can use AI without becoming dangerously dependent on it
• Whether AI reduces emotional trading mistakes - or creates new ones
• Why discipline and process matter even more in an AI-driven market
• The skills traders need to stay relevant in the years ahead
• What will separate successful traders from those who quietly disappear

If you’re interested in ASX trading, trading psychology, Australian sharemarket investing, artificial intelligence, trading systems, or the future of trading in Australia, this conversation is essential listening.

Because while AI may change the tools…

Your mindset may still be your greatest edge.

--------------------------------------

Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
Facebook
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What happens when pressure strips away the polished version of who you think you are?

In this powerful episode of Talking Trading, Louise Bedford sits down with mindset strategist Rebekah King for a deeply personal conversation about trading psychology, fear, resilience, self-sabotage, and emotional discipline.

Because the biggest risks in trading are not always in the market.

Sometimes they’re in your own mind.

If you’ve ever hesitated before taking a trade, abandoned your system under pressure, second-guessed yourself after a loss, or felt fear hijack your decision-making, this episode will resonate.

This is not a standard discussion about technical analysis or trading systems.

This conversation explores the psychology behind ASX trading, investor behaviour, emotional triggers, confidence, and how your deeper beliefs around money and success influence your results in the Australian sharemarket.

Louise shares personal stories about health challenges, career pivots, resilience, and the mindset shifts required to keep moving when life becomes uncertain.

Together, Louise and Rebekah unpack a confronting truth:

Pressure doesn’t create character. It reveals it.

In this episode:

• Why trading psychology matters more than most traders realise
• How fear can either paralyse your trading or sharpen your performance
• Why hesitation and second-guessing often come from hidden conditioning
• The emotional patterns that quietly sabotage even experienced traders
• Why trading acts as a mirror for your beliefs about money, success, and self-worth
• How self-sabotage appears in trading, business, and life
• Why adaptability beats control in uncertain markets
• How clarity often follows action - not the other way around
• Why emotional resilience is a critical edge for traders

One of Louise’s standout insights?

Trading is personal development with a brokerage account.

Whether you’re interested in trading in Australia, ASX trading, sharemarket investing, trading psychology, or becoming a calmer, more disciplined trader, this episode delivers powerful perspective.

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Tell a friend about us!

I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. 

Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.

For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.

www.tradinggame.com.au
www.talkingtrading.com.au.
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