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SteadyTrade

Ep 213: Check It Before You Wreck It: The Account-Saving Art of Paper Trading

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 17 August 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Some traders don’t realize how important paper trading is until it’s too late.Hosts Kim Ann Curtin, Stephen Johnson, and Tim Bohen want to make sure you’re not one of them. They know your hard-earned money is precious. You trade to make more tendies, not to lose the ones you already have. And you hustle to squeeze trading time into your busy schedule and study up on top strategies. But even after you put in the screen time, study time, and cold hard cash … success isn’t guaranteed. ...

Transcript

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0:00.0

I will be the first you say paper trading is easier.

0:04.0

Okay, I'm never going to deny it.

0:06.2

But if you think you can trade real money when you're not even consistently proper paper trading, you know, and again, hey, if you're risking two bucks, ten bucks, that's great.

0:17.3

But why do that?

0:18.8

Why even risk ten bucks?

0:21.3

If you have no idea what you do?

0:26.1

You're listening to the Steady Trade Podcast.

0:30.6

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

0:37.0

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

0:41.3

Kim Ann Curtin, the Wall Street coach, and Steven Johnson, the up-and-coming trader who's

0:47.3

always willing to learn.

0:48.3

Together, we'll sit down with experts to talk about their process, the lessons they've learned, and discuss how

0:55.1

all traders can level up their trading careers. So welcome back to the steady trade, Todd.

1:01.0

That's funny. That's funny. In four and a half years, I've been waiting for Steve.

1:05.0

You know, he's always, he spends all week, six days and 23 hours trying to come up with a sick burn.

1:14.5

And he fails every time.

1:16.3

But maybe someday.

1:17.6

That being said, welcome back to the state of print trade podcast, everyone.

1:20.9

I am Tim Bowen back with Kim and Stephen.

1:24.1

Actually, joking aside, all joking aside, I was 19 minutes into my 39 minute introduction last week.

1:31.4

And Stephen interrupted me and I actually complimented him.

1:35.9

So on that point, I'm going to hand it over to Stephen and let him do the intro.

...

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