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SteadyTrade

Ep 105 - From Paper Trading to Real Trading with Liz Lele

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 8 July 2019

⏱️ 57 minutes

🧾️ Download transcript

Summary

Tim and Stephen talk to Liz Lele, the runner up in our recent Paper Trading Challenge, about her recent success and lessons learned.

Transcript

Click on a timestamp to play from that location

0:00.0

This is episode 105 of the Steady Trade Podcast with your host, Tim Bowen.

0:10.4

Why does Batman have a purse?

0:12.2

And Stephen Johnson.

0:13.7

Now, once I used to make a joke that I'd be the first Tim Sikes challenge student to lose a million dollars, I'm and I'm on the way.

0:22.1

Today the guys check in with Liz Layley, the runner up in our steady trade paper trading

0:27.3

challenge. Like our winner DJ Deanie, Liz has also made the move from paper trading to real

0:33.6

trading and she's having some success. She's going to talk about it today,

0:38.0

especially this new thing that she calls her scuba diver play.

0:42.0

What I see is when things hit the bottom, I call it my scuba diver play.

0:46.0

It's when the scuba diver goes and he touches the sand,

0:50.5

he finds coins, and then he goes up for some air.

0:53.8

That's just him grabbing the coins and then he goes up for some air that he that's just him

0:54.9

grabbing the coins and going and giving them to me it's another good episode of steady

1:02.5

trade right guys welcome back to the steady trade podcast we are back with Liz Lely.

1:14.0

It's me, Jeevan Jobson and Timothy Bourne.

1:17.5

Both just jumping back, seeing how our progress has been,

1:21.2

and seeing how she's migrated from the world of paper trading to the real world of cash money trading,

1:24.8

and you will enjoy a number of visual metaphors along the way. I don't know if

1:30.5

enjoy is the right term. Some of these metaphors are burnished in my brain and I'm trying to forget

1:36.2

them at this point. But nevertheless, Liz does use interesting analogies, but they work. She

1:43.6

manages to make them work at the end of the day.

1:46.2

And, you know, I really enjoyed this episode. She, you know, Liz is taking, you know, she's three years

...

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