November 13, 2017· 32 min

This Is How a Currency Trader Actually Picks What to Buy and Sell

Orality
Model
68%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(795 words)
M:29%
HostTracy Alloway(1,275 words)
M:29%
GuestKen Veksler(3,480 words)
M:27%

Oral Indicators

Agonistic30%
literally, completely, crazy
Engagement67%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
it's (52x), about (45x), market (40x)
Parallelism100%
And I'm Joe Weisenthal...., So, Joe, I have a, a little bi..., So I know I'm supposed to be c...
Sound Patterns51%
31 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases10%
i mean, to be honest, if you will

Literate Indicators

Hedging15%
might, could, quite
Passive Voice5%
is ken, is positioned, be announced
Abstract Nouns21%
investment, recommendation, edition
Subordination12%
because, though, therefore
Sentence Length49%
Avg: 17.3 words/sentence
Word Complexity46%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
405 personal pronouns found
Descriptive Style100%
literally, completely, seriously

Description

Most asset classes move in a fairly straightforward manner. They're either going up or down at any given time. But when it comes to currencies it's not that simple. Since they're all traded against each other (the pound vs. the dollar, the pound vs. the euro, the pound vs. the yen) there's always some rising and some falling at any given time. Everything's relative. So what drives these relative movements, and how do traders decide what bets to place? On this week's episode of the Odd Lots podcast, we talk to Ken Veksler, a currency trader, and director of Accumen Management about how this market operates, and how he navigates it. See omnystudio.com/listener for privacy information.