Consistent Profits Podcast

Wayne Klump is the founder of Environmental Trading Edge, LLC and Sleep Well Investing LLC. From humble beginnings as an automotive technician, he worked his way through college while overcoming significant debt. His determination led him to a key role at a hedge fund, where he developed options strategies and managed portfolios for high-net-worth clients. Wayne’s innovative financial creations, including The Sleep Well Portfolio, A.W.A.K.E., and ADAPT Options, reflect his unique approach to investing. Through EtradingEdge.com, he aims to make institutional-grade investment strategies accessible to everyday investors, reshaping the path to financial independence. Show Notes * Wayne shares the origin story of his company, Environmental Trading Edge, emphasizing the importance of understanding the trading environment, including macroeconomic conditions, and developing an edge in the market. * Wayne stresses the importance of understanding the trading environment. He likens it to checking the weather before dressing appropriately, drawing attention to macroeconomic factors like interest rates, inflation, and Fed policy. * Wayne explains that his focus isn’t on traditional technical analysis like chart indicators. Instead, he emphasizes the importance of understanding how the values of options on the underlying assets change over time and their probability structures. * We highlight that scalability is a crucial but often overlooked aspect of trading. * Wayne emphasizes how institutional trading inherently focuses on growing positions and scaling up. * Brian discusses the need for traders to treat their trading like a business. * We talked about how balancing trade and account scale while ensuring that the system is sustainable in the long term, including regular drawdowns for income while still growing the account. * Wayne offers a variety of services, from personal coaching to automated systems. He emphasizes the ADAPT Daily system, designed to remove complexity for retail traders. * Wayne emphasizes the use of spreads (both vertical and horizontal) over naked options, explaining that these structures provide better control over risk and reward. * Wayne advocates for building systematic trading approaches, where traders focus on executing consistently good trades in a disciplined manner. This podcast is brought to you by https://InsideOutTrading.com [https://insideouttrading.com/], where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence. * Book a free consultation with Brian here à https://insideouttrading.com/book-a-call-w-brian/ [https://insideouttrading.com/book-a-call-w-brian/] * "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/ [https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/] * The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ [https://insideouttrading.com/] * "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ [https://insideouttrading.com/enough-to-be-dangerous-report/] * Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ [https://insideouttrading.com/schedule-a-call-with-brian/] * Join the Consistent Profits Club and get a load of free trader resources to help you make greater and more consistent profits ---} https://insideouttrading.com/ [https://insideouttrading.com/] About the podcast * On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8 [https://podcasters.spotify.com/pod/show/brian-mcaboy8] * On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820 [https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820] * On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ [https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ] * On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8 [https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8] * On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM [https://radiopublic.com/consistent-profits-podcast-6Bx9yM] * On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/ [https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/] How to connect * Website - https://www.environmentaltradingedge.com/ [https://www.environmentaltradingedge.com/] * Youtube - https://www.youtube.com/@environmentaltradingedge599 [https://www.youtube.com/@environmentaltradingedge599] * Email - info@etradingedge.com [info@etradingedge.com] What’s important to you about trading?  Comment below

Louise Bedford is a distinguished full-time private trader and a leading figure in the Australian trading community. With a career spanning over 30 years, she has built a reputation as a prolific author and educator in the field of financial markets. Bedford is the author of several best-selling books, including The Secret of Candlestick Charting, Charting Secrets, and Trading Secrets. Her work provides valuable insights into market psychology and technical analysis, helping traders enhance their skills and achieve their financial goals. Holding degrees in Psychology and Business, Bedford combines her academic background with her extensive trading experience to offer a unique perspective on behavioral finance. She is renowned for her passion for teaching and has trained thousands of individuals to maximize their trading potential through her books, seminars, and the popular Talking Trading Podcast. Show Notes ·        Louise advises traders to save their primary income for a year and live off their trading income before making the full-time jump. ·        We discuss the importance of having a well-defined trading plan, reflecting Louise’s engineering background and Brian’s emphasis on structured thinking. ·        Louise mentions the need for emotional self-awareness and support systems. ·        Brian highlights risk management as fundamental to maintaining a full-time trading career. ·        Louise suggests that traders should define their personal purpose and motivations. ·        Louise advices trading across multiple markets (e.g., equities, commodities) to manage different market conditions and cycles effectively, while avoiding the trap of overcomplicating strategies with too many instruments or timeframes. ·        Brian stresses that competence is key to managing the emotional aspects of trading. This podcast is brought to you by https://InsideOutTrading.com [https://insideouttrading.com/], where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence. ·        Book a free consultation with Brian here à https://insideouttrading.com/book-a-call-w-brian/ [https://insideouttrading.com/book-a-call-w-brian/] ·        "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/ [https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/] ·        The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ [https://insideouttrading.com/] ·        "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ [https://insideouttrading.com/enough-to-be-dangerous-report/] ·        Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ [https://insideouttrading.com/schedule-a-call-with-brian/] ·        Join the Consistent Profits Club and get a load of free trader resources to help you make greater and more consistent profits ---} https://insideouttrading.com/ [https://insideouttrading.com/] About the podcast ·        On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8 [https://podcasters.spotify.com/pod/show/brian-mcaboy8] ·        On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820 [https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820] ·        On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ [https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ] ·        On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8 [https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8] ·        On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM [https://radiopublic.com/consistent-profits-podcast-6Bx9yM] ·        On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/ [https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/] How to connect ·        Website - https://www.tradinggame.com.au/ [https://www.tradinggame.com.au/] ·        Book - https://www.amazon.com/Secret-Candlestick-Charting-Strategies-Australian/dp/187662728X [https://www.amazon.com/Secret-Candlestick-Charting-Strategies-Australian/dp/187662728X] ·        Facebook - https://www.facebook.com/TradingGame/ [https://www.facebook.com/TradingGame/] ·        Linkedin - https://au.linkedin.com/in/louise-bedford [https://au.linkedin.com/in/louise-bedford]   What’s important to you about trading?  Comment below

Zvi Benyamini is a seasoned trader with over two decades of experience in the financial markets, starting in 2003. As a trained PSYCH-K® facilitator, he has helped individuals transform limiting beliefs and overcome mental barriers in various life areas, including business, relationships, and health. Today, Zvi specializes in coaching traders, combining his deep trading experience with PSYCH-K® techniques to address the psychological challenges that often hinder trading success. His unique approach empowers traders to achieve greater success and mental clarity in their trading journeys. Show Notes ·        Zvi emphasized that a trader's mindset is deeply intertwined with the systems they create. He explained that psychological fears often manifest in the rules traders set for themselves. ·        He stressed the value of an external perspective, such as working with a coach or mentor, to uncover these blind spots. ·        He talked about the process of uncovering fears that are hidden within trading rules. He explained that traders often create rules that are more about managing their emotions than about enhancing their performance. ·        He emphasized the importance of taking action once a problem has been identified. He explained that traders often get stuck in repetitive patterns of mistakes because they don’t fully confront the underlying issues. ·        Zvi encouraged traders to honestly reflect on their behavior, recognize what needs to change, and then take decisive steps to implement those changes, rather than expecting the problem to fix itself over time. ·        Zvi explained his flexible approach to coaching, noting that every trader’s journey is different. Some traders might only need a single session to uncover a critical insight, while others might require multiple sessions to work through more complex issues. This podcast is brought to you by https://InsideOutTrading.com [https://insideouttrading.com/], where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence. ·        Book a free consultation with Brian here à https://insideouttrading.com/book-a-call-w-brian/ [https://insideouttrading.com/book-a-call-w-brian/] ·        "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/ [https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/] ·        The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ [https://insideouttrading.com/] ·        "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ [https://insideouttrading.com/enough-to-be-dangerous-report/] ·        Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ [https://insideouttrading.com/schedule-a-call-with-brian/] ·        Join the Consistent Profits Club and get a load of free trader resources to help you make greater and more consistent profits ---} https://insideouttrading.com/ [https://insideouttrading.com/] About the podcast ·        On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8 [https://podcasters.spotify.com/pod/show/brian-mcaboy8] ·        On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820 [https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820] ·        On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ [https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ] ·        On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8 [https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8] ·        On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM [https://radiopublic.com/consistent-profits-podcast-6Bx9yM] ·        On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/ [https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/] How to connect ·        Website - https://wholebraintrading.com/ [https://wholebraintrading.com/] ·        Telephone - +972-52-4292068 ·        Email - hello@wholebraintrading.com [%20hello@wholebraintrading.com] What’s important to you about trading?  Comment below

Timothy Ord is an award winning market analyst who has a proven track record of 35 years of market success.  He is President, Editor, and Publisher of The Ord Oracle, which is an electronic advisory newsletter that recommends S&P, NASDAQ, and gold stock trades. Tim is frequently listed as one of the top-ten market timers in the country. Timer Digest ranked him the #1 gold timer for the one-year period ending January 13, 2006 as well as the #2 gold timer and the #5 S&P timer for 2004. Show Notes * Tim's education in mathematics made him naturally inclined towards the quantitative aspects of trading, which technical analysis heavily relies on. * He emphasized the importance of volume in confirming price movements. High volume often indicates strong conviction behind a price move, whether up or down. * He stressed that making mistakes and experiencing losses are part of the learning process in trading. * Tim expresses a clear preference for candlestick charts over bar charts due to their visual clarity and ease of interpretation. * Tim explains his preference for trend trading over day trading. He believes that capturing longer-term trends offers better risk-reward opportunities compared to the rapid, high-frequency nature of day trading. * Tim discusses a long position he took on the S&P 500 in April, explaining his rationale based on technical indicators and market sentiment at the time. * He shares his current market outlook, noting the volume observations that led him to his present positions. * Tim elaborates on his use of the VIX (Volatility Index) as a gauge of market sentiment. * Tim talks about his market newsletter, which he publishes regularly. This podcast is brought to you by https://InsideOutTrading.com [https://insideouttrading.com/], where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence. * Book a free consultation with Brian here 🡪 https://insideouttrading.com/book-a-call-w-brian/ [https://insideouttrading.com/book-a-call-w-brian/] * "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/ [https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/] * The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ [https://insideouttrading.com/] * "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ [https://insideouttrading.com/enough-to-be-dangerous-report/] * Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ [https://insideouttrading.com/schedule-a-call-with-brian/] About the podcast * On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8 [https://podcasters.spotify.com/pod/show/brian-mcaboy8] * On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820 [https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820] * On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ [https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ] * On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8 [https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8] * On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM [https://radiopublic.com/consistent-profits-podcast-6Bx9yM] * On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/ [https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/] How to connect * Website: https://www.ord-oracle.com/ [https://www.ord-oracle.com/] * Book: https://www.amazon.com/Secret-Science-Price-Techniques-Spotting-ebook/dp/B0096C9V94 [https://www.amazon.com/Secret-Science-Price-Techniques-Spotting-ebook/dp/B0096C9V94]   * Linkedin: https://www.linkedin.com/in/tim-ord-b3092311/ [https://www.linkedin.com/in/tim-ord-b3092311/] * Twitter: https://x.com/ordoracle [https://x.com/ordoracle] What’s important to you about trading?  Comment below

Troy Noonan, known as the Backpack Trader, is an experienced author, day trader, trade system developer, and coach. He began his trading career in internet cafes while traveling through Europe and South America in the late nineties. Noonan continues to leverage the freedom trading offers, traveling globally while executing trades. He has developed several effective trading strategies, including Counter-Punch Trader and Spotlight Master Suite, which have proven successful and accessible to both new and veteran traders. As a teacher and mentor, Noonan has guided thousands of students in over a hundred countries to find day trading success. His new book, Day Trading QuickStart Guide, encapsulates his extensive experience, providing an ideal path for new traders. Noonan's strategies and trading plans are simple, robust, and effective, making them valuable for anyone looking to succeed in forex, futures, options contracts, and day trading. He is also the founder and CEO of BackpackTrader.com, offering coaching and trading services. Shown Notes * Troy outlined a structured approach to transforming from a novice trader to the CEO of your trading business. * He advocates for trading styles that fit one's lifestyle rather than forcing lifestyle changes to accommodate trading. * He emphasizes minimizing trading to maximize effectiveness and avoid emotional pitfalls like FOMO (Fear Of Missing Out). * We discussed on how many people enter trading with unrealistic expectations and the importance of focusing on mastering the craft. * We highlighted the importance of practice not just until you get it right, but until you can't get it wrong. This includes practicing in simulated accounts with the same discipline as with real money. * Troy notes that consistency and confidence come from following a systematic trade plan, avoiding the pitfalls of "chasing performance." * We talked about how a well-tested trade plan is crucial for maintaining trader confidence, especially in the face of losing or missed trades. * Troy stresses that effective money management is essential for achieving financial goals, involving systematic risk management and position sizing. * We discussed the importance of sticking to the trade plan during drawdowns to avoid compounding losses and abandoning a tested strategy. This podcast is brought to you by https://InsideOutTrading.com [https://insideouttrading.com/], where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence. * Book a free consultation with Brian here à https://insideouttrading.com/book-a-call-w-brian/ [https://insideouttrading.com/book-a-call-w-brian/] * "The Science of Consistency Applied to Trading" video -- https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/ [https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/] * The Proven Formula for Consistent Monthly Profits -- https://insideouttrading.com/ [https://insideouttrading.com/] * "Enough To Be Dangerous" short report --- https://insideouttrading.com/enough-to-be-dangerous-report/ [https://insideouttrading.com/enough-to-be-dangerous-report/] * Work with Brian -- https://insideouttrading.com/schedule-a-call-with-brian/ [https://insideouttrading.com/schedule-a-call-with-brian/] About the podcast * On Spotify - https://podcasters.spotify.com/pod/show/brian-mcaboy8 [https://podcasters.spotify.com/pod/show/brian-mcaboy8] * On Apple Podcasts - https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820 [https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820] * On YouTube - https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ [https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ] * On Google Podcasts - https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8 [https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8] * On Radio Public - https://radiopublic.com/consistent-profits-podcast-6Bx9yM [https://radiopublic.com/consistent-profits-podcast-6Bx9yM] * On iHeartRadio - https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/ [https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/] How to connect * Website - https://backpacktrader.com/ [https://backpacktrader.com/] * On Facebook  - https://www.facebook.com/TheBackpackTrader [https://www.facebook.com/TheBackpackTrader] * On Instagram - https://www.instagram.com/backpacktrader/ [https://www.instagram.com/backpacktrader/] * On Twitter - https://x.com/Backpacktrader1 [https://x.com/Backpacktrader1] * On YouTube - https://www.youtube.com/c/BackpackTrader [https://www.youtube.com/c/BackpackTrader] What’s important to you about trading?  Comment below