B The Trader

Ricky Analog is known on twitter as a fundamental trader who shares the knowledge he finds on sec filings. He explains how technicals are still a key player in his trading even though he loves fundamentals. We talk about why it's important to use different time frames to determine risk and targets.

In a previous episode, I talk about how I took a sabbatical from trading. I was having a rough couple of weeks and decided to take some time off to get my headspace clear. Now I am not one to easily take time off, especially when I am available to trade, so this was a hard commitment but I found some great benefits afterwards that I am going to share with you in this episode.

Kim Ann Curtin The Wall Street Coach. She focuses on helping traders push through the psychological barriers we face on a daily basis. She shares the differences between Male Traders and Female Traders and what we can learn from one another. We also dive into the reason empathy is so important to help you become a better trader and how we may be taking on some other people's faults by just doing "what always has been done". She shares why we must question ideas, thoughts, and ourselves.

JTrader is a full-time day trader who started trading as a young man in his late teens and first discovered his niche in a delay in the market. After awhile though his niche disappeared and he had to adapt. He found a new way to make money in options and after "making it" he found himself having panic attacks. Once this happened, he was determined to get healthy and actually decided to step away from trading for a few years while investing in real estate and other business ventures. After his 2-3 year break he came back and started trading in the U.S Markets, starting essentially over, learning a new strategy, a new market, a new way to trade. His story is great because it shows you that you must adapt to be successful and also you must take care of your health. He is a full-time trader, a martial artist, and a bodybuilder. You will walk away with a ton of value and see the importance of discipline and adapting to the markets. Let me know how you enjoy it :)

Short selling is when you take a negative position on a stock with the hopes of it dropping. It is my favorite way to trade and my specialty, however, there is a dark side of being a short seller that nobody talks about. Most people do not talk about the fees, commissions, borrows, etc... and the additional psychological battle you have to deal with on a daily basis.

Michael Lamonthe started trading back around 1998 and during his journey has discovered what he is really passionate about is helping others through the mental challenges around trading. He is a full-time trader and trading psychology coach. He goes into great detail on how he goes about tackling some of the big issues traders face on a daily basis like our beliefs around money, FOMO, and the importance of focusing on journaling.

I have been trading out of the zone for the month of February and because of this, I have decided after several conversations with friends, colleagues, mentors and a new psych trading coach/friend Kim Ann Curtin to no longer trade for the week of 2/17. I don't have a defined date on when I will continue but the ideal situation will be after I no longer feel the anxiety to trade. Lately, I have been coming to the market with excitement and anxiety/fear to lose. This stems from the big loss I took on the first Friday in Feb. If you haven't listened to that episode I highly recommend you go back and listen to it -> February Challenge - Update on Trading Progress

In the previous episode Trading Monthly Recap - January 2020 With Carl Fred I talk about what my goals are for February, calling it Focus Feb. February has been a rough month so far, having one of my biggest losses in a while due to an unforeseen event. I share the mistakes I have made during these first two weeks and how I plan to address them and finish the month strong. You will be able to see what I learned from one of the previous episodes I did with Tim Bohen.

Tim Bohen is a full-time day trader, coach on Stocks to Trade and he also is a host for SteadyTrade podcast. He has over a decade of experience trading and has seen many traders come and go. Tim dives into the reason most traders fail and what are some ways we can become better traders.

Tom is a day trader and a MIC moderator. When Tom first started trading he lost $30k and ended up having to go back to his full time job. However, as time went on, he kept his eye on a specific trader/mentor Bao, who he looked up too and when Bao decided to teach he jumped back into the market with only $1k! Using $200 for 2 months of Bao's teaching service and $700 to trade! Since he joined them, he has become consistently profitable and now he is one of My investing clubs moderators! Tom shares how risk management is the real secret behind his success. In the past he would have weeks/months of green and lose it all in a few days due to revenge trading and big losses. Now that he has risk management he truly believes this is the POWER behind successful trading.