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SteadyTrade

Ep 178: Hot EVs, Bitcoin, and New Traders: How Long Can This Market Mania Last?

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 15 December 2020

⏱️ 51 minutes

🧾️ Download transcript

Summary

Lately we’ve had EV runs, crypto runs, and the Dow hit 30K … It’s been a wild ride of even more 2020 market mania!This year we’ve seen a recurring theme. It seems every week there’s something new and crazy happening in the markets.This week is no different.But finally, we’re seeing some stocks start to cool off. There was even a red day for EVs (gasp!).In this episode, Tim Bohen, Kim Ann Curtin, and Stephen Johnson talk about hot sectors, how to stay safe in the trading trenches, and why this...

Transcript

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0:00.0

I mean, hell, I think I had a dream of like opening a bar or a restaurant when I was like 25.

0:06.3

I think like everyone has that dream, you know, and, you know, and so many fail.

0:11.7

But I think that happens with trading a lot because people just have these unrealistic expectations of what it takes.

0:17.7

And if, I mean, if you got one or two green months and you're ditching that job oh man

0:22.6

or the have to like what i hear from some new traders are like i have to make this work

0:28.6

this has to replace the xyz job that's terrible and i'm like as soon as you're in the landscape

0:35.0

of have to you're already burdening your cognitive ability to, this is already so hard.

0:42.7

And now you're putting extra pressure on yourself.

0:45.1

How can not help your trade it?

0:47.4

It's going to hurt it.

0:57.9

You're listening to the Steady Trade podcast.

1:04.4

A podcast that inspires traders to make meaningful strides and pursue their passions.

1:09.0

Your hosts are Tim Bowen, the lead trainer at Stocks to Trade Pro,

1:16.4

Kim Ann Curtin, the Wall Street coach, and Stephen Johnson, the up-and-coming trader who's always willing to learn.

1:25.9

Together, we'll sit down with experts to talk about their process, the lessons they've learned, and discuss how all traders can level up their trading careers.

1:42.1

Welcome back to the steady trade podcast, everyone, back here with Kim and Stephen, talking about, you know, it feels like this has been a little bit of a recurring episode here the last six months.

1:46.5

But every time we do like this quote unquote state of the market discussion, we talk about, oh, it's the wildest thing, you know, and I'll talk about my 15

1:52.7

years. Stephen will talk about his four years. And then it's like a month later and it gets wilder.

1:58.4

And there's there's more, more moves moves more stocks i mean i think about yesterday

2:03.9

yesterday morning was was well yesterday was kind of the the one-day pause in the eve sector you know

2:11.6

we'll see we'll see where we go here post thanksgiving but like yesterday morning i would there was

2:17.0

like 25 evs ding up, all of them

...

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