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SteadyTrade

Ep 203: The Top Habits for Back-to-Normal Markets

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 8 June 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

This week, the SteadyTrade gang weighs in on the best habits to build as the markets head back to normal. SteadyTrade hosts Kim Ann Curtin, Stephen Johnson, and Tim Bohen are back at the mic. And they have plenty to sound off about. We all love stock market mania ... Tendies falling from the sky ... More stocks breaking out than we could possibly trade. But there’s a lot more to appreciate about calm markets than we realize. Bohen says these roundtable talks are his favori...

Transcript

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0:00.0

What I've really started to see and discover is how patterns move on like a macro level.

0:07.0

So how the market changes and how patterns change with the overall market on a macro level.

0:12.0

And I think we've been kind of discussing that on and off, but a lot of these stocks aren't breaking down.

0:17.0

Amateurs take profits too soon and they don't cut the losses quick enough, right?

0:21.5

Professionals, professionals let the winners run. They cut the losses tight. But in this market,

0:26.4

it's almost like it doesn't pay as well to let you winners run because the market's kind

0:31.2

of changed. And the reason that's kind of happening, I think, and you can add in. But because

0:35.5

there's not enough players, so longs are looking to dip-eye whatever,

0:38.6

and some of them are coming back.

0:40.6

But it's just fascinating how the market changes

0:42.6

based on busyness, volatility, circumstances.

0:51.6

You're listening to the Steady Trade podcast.

0:55.9

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

1:02.3

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

1:06.8

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

1:14.1

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.

1:24.1

Welcome back to the Stady Trade podcast, everyone. I am Tim Bowen back with Kim and Stephen.

1:29.4

Forget what I said about the aliens, if that made it in the recording.

1:33.8

That was all, allegedly, allegedly, I have inside information on the aliens.

1:41.4

But that's all...

1:42.3

Did you hear?

1:43.1

Did you hear what came out about the UFOs the other day?

...

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