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Ep 197: From 2020 Bull to 2021 Lull: When's the Next Market Boom?

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 27 April 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Can the stock market boom out of this recent lull? 2020 had us glued to our screens! But it seems the year-long frenzy is already a has-been...In this week’s episode, hosts Kim Ann Curtin, Stephen Johnson, and Tim Bohen talk about the shift in the market. January 2021 still had us going. Stocks were riding high. Many traders thought the market boom would last forever. Then the choppiness set in. All of a sudden, gains weren’t a sure thing. But is the market just taking a spring brea...

Transcript

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0:00.0

Don't give back more than three days of gains.

0:02.0

Yeah.

0:03.0

And what I did is I gave back a record month plus four grand.

0:07.0

And you shouldn't be given a month back.

0:09.0

You should never give back a month and plus 4,000 on top.

0:13.0

Give back three days.

0:15.0

If you absolutely quit going through shit, give back a week.

0:19.0

You just kind of do it. Like I just just, and, but at the same time,

0:23.1

you have to take the losses to learn, I think.

0:25.8

Like, I went down a bunch of times

0:28.2

and realized and didn't learn.

0:29.3

You have to take the loss to learn.

0:36.5

You're listening to the Steady Trade podcast.

0:40.8

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

0:47.2

Your hosts are Tim Bowen, the lead trainer at Stocks to Trade Pro, Kim Ann Curtin, the Wall Street Coach, and Stephen Johnson, the up-and-coming

0:56.6

trader who's always willing to learn. Together, we'll sit down with experts to talk about their

1:01.8

process, the lessons they've learned, and discuss how all traders can level up their trading

1:07.5

careers. All right, everyone, welcome back to the Steady Trade podcast.

1:12.4

Today, we have one of, you know, one of my kind of favorite styles of episodes.

1:17.9

I was actually on spring break with the family last week in enjoying the beautiful

1:23.5

freedom of Florida.

1:25.2

I could smell the freedom everywhere I went. Um, but, uh, you know,

...

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