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In this episode, hosts Luke and Ronnie welcome AI enthusiast Jerome Johnson to explore how traders can harness artificial intelligence as their personal trading coach. Discover how to create your own team of AI specialists - from "Risk Rachel" to "Growth Gary" - that can analyze your trading patterns, challenge your decisions, and help improve your performance. Learn practical applications using tools like Perplexity and Claude, from researching market events in real-time to identifying hidden patterns in your trading history. The trio demonstrates how AI is democratizing capabilities once reserved for institutional traders, while addressing the risks and showing you exactly how to get started today.

Key Timestamps:
00:00:00 - 05:15 | Introduction & AI Foundations
05:15 - 14:00 | AI as Your Trading Partner
14:00 - 29:02 | Building Your AI Trading Team
29:02 - 40:03 | Advanced Applications & Risks
40:03 - 44:09 | Getting Started & Community

Runtime: 44:16 minutes

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode, hosts Luke and Ronni explore how traders can leverage free AI tools like Claude and Perplexity to gain institutional-grade capabilities without the hefty price tag. They demonstrate how Perplexity excels at market data and research, while Claude specialises in reasoning and portfolio analysis.

We share practical examples of creating watchlists, optimising portfolios, and managing risk using these platforms. They highlight Deloitte research showing AI-powered risk assessment has reduced portfolio drawdowns by 15% for professional funds.

This practical guide offers actionable insights for both beginners and experienced investors on using AI as your personal trading coach and analyst through accessible, free platforms that can replace expensive Bloomberg terminals for most retail trading needs.

So, would you use AI?

Key Timestamps:
00:00:34 - Introduction: The Rise of AI in Trading
02:00:13 - Cost-Effective Alternatives to Premium Trading Terminals
04:45:23 - Understanding the Two Key AI Tools: Perplexity vs Claude
08:17:13 - AI as Your Personal Trading Coach
14:09:04 - Using AI Projects for Streamlined Trading Research
17:27:04 - Crafting Effective Prompts: From Vague to Specific
20:25:24 - How Professional Funds Use AI: Performance Metrics
26:27:13 - Real-Time Demonstrations: Analyzing Stocks with AI
33:10:08 - Practical Benefits: Time-Saving and Decision-Making
40:40:19 - Getting Started and Conclusion

Runtime: 46 minutes

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this episode the Talking Shop crew discuss The Psychology of Stop Losses and Why Successful Traders Use Them and Others Don't.

Luke Moore and Ronni Agnig demonstrate how proper stop-loss implementation can significantly reduce trading losses, improve risk management, and help retail traders develop emotional discipline - ultimately leading to more consistent profitability. 

Key Timestamps:
00:00:00 Introduction to Stop Losses
00:02:12 What is a Stop Loss Mechanically?
00:03:31 Understanding Market Orders and Slippage
00:04:56 Guaranteed Stop Losses Explained
00:06:41 Real Trading Experiences with Stops
00:08:18 Why Using Stops Doesn't Mean You're Wrong
00:10:59 Managing Headline Risk in Markets
00:13:04 Common Excuses for Not Using Stops
00:15:25 Volatility Based Stop Loss Model
00:17:53 Average True Range (ATR) Explained
00:20:52 ATR Implementation for Different Trading Styles
00:23:07 Chandelier Exit Strategy
00:25:53 Benefits of Trailing Stops in Trending Markets
00:28:29 Adapting Stops to Market Conditions
00:30:35 Using Options as Alternative Stop Strategies
00:32:45 Options Expected Move for Setting Stops
00:35:31 Q&A and Final Thoughts

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

In this candid episode, the Talking Shop crew discuss the market volatility of April 2025 following President Trump's tariff announcements. They share their personal trading experiences during a "therapy session" for traders facing unprecedented market swings.

Key Timestamps:
00:27:07: Introduction to the "Talking Shop Therapy Session"
02:10:03: Initial tariff announcement and market reaction
08:19:20: Sunday night market crash
12:59:04: Margin increases and risk management
19:41:21: Pete's "Disneyland disaster" trading story
24:30:07: "Walk Back Wednesday" and 12% market recovery
28:21:16: How the bond market forced policy changes
36:16:14: Sector impacts and long-term economic effects
43:46:16: Key lessons learned from April turbulence

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.

Hosts Luke Moore, Sean Power, and Pete Ward break down the five most common mistakes retail traders make and share practical solutions to avoid them. Drawing from their extensive experience, they discuss poor risk management, overtrading, emotional biases, lack of trading plans, and unrealistic expectations.

Timestamps
00:00 - Introduction and overview
01:42 - Why traders make mistakes and how awareness helps
03:52 - Mistake #1: Poor risk management and position sizing
07:27 - Research on percentage-based stops
09:12 - Psychology of chasing losses
10:36 - Mistake #2: Overtrading and transaction costs
14:53 - How transaction costs affect trading performance
17:19 - Benefits of cooling-off periods after losses
17:58 - Mistake #3: Emotional biases and the disposition effect
20:17 - Banking gains and accepting losses
23:21 - Research on trading psychology
24:56 - Mistake #4: Lack of trading plan
28:16 - Statistics on trading plans
32:38 - Six essential components of a trading plan
35:04 - Mistake #5: Unrealistic expectations
37:35 - Reality vs. expectations in trading returns
42:18 - Summary of the five major trading mistakes

Remember to like and subscribe!

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

Your capital may be at risk.