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Ep 34 – Stephen Trades some Big Boy Stocks

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 9 April 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

Episode 34: Stephen Trades some Big Boy Stocks The Steady Trade Podcast isn’t necessarily about shock value. Rather, we want to help traders build a strong foundation so that they can enjoy a long and profitable career. However, in this episode, Stephen Johnson does indeed shock co-host Tim Bohen with a revelation: he’s trading big […]The post Ep 34 – Stephen Trades some Big Boy Stocks appeared first on SteadyTrade.com.

Transcript

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0:00.0

I am also going. I'm going. I'm going. I'm going. I'm from England and I'm going.

0:09.5

Welcome back to this week's episode of the Steady Trade podcast. I've got a topic that, you know,

0:15.3

I'm actually glad. There's, Stephen and I, obviously, we argue goodly bad naturedly we sell them agree but it was

0:25.2

kind of interesting as him and I were chatting through last week something I talk about a lot

0:31.8

is especially when we get through the earnings season or into earning season,

0:38.3

a lot of the times the lower price stocks can get a little bit quieter.

0:44.7

And even anytime, you know, year round,

0:48.4

there's a common misconception with many new traders and with smaller traders where everybody kind of has this

0:58.2

misconception that if you've got a small account or a medium account or a growing account,

1:03.6

you can only trade the 50 cents stocks, the $1 stocks, the $2 stocks. And I chat with a lot of guys and gals that get a little frustrated because as amazing

1:18.3

as the low-price stocks are, we love them, we love them, we love them.

1:21.2

I have a special place in my heart for low-price stocks.

1:24.5

They can tend to come and go, you know, a lot of the time it's almost like the

1:30.9

holiday season where it's very, very, very busy and low price stocks and then it gets very,

1:37.0

very quiet. And a common misconception, as I said, is that traders don't realize that they can trade at these

1:46.2

higher priced momentum stocks. You got to be selective. You got to pick the right ones. But if you

1:52.9

catch the right idea at the right time, you can, instead of making, you know, 20, 30, 50 cents on a $2 stock,

2:02.9

you can make $1, $2, $3, $5 a share on a $20, a $30, a $40, or a $50,

2:09.5

or a $50 stock.

2:10.2

So you can get very similar percentage moves.

2:15.1

And as Stephen and I have talked about he'll he'll touch on sometimes i well you won't

2:23.0

touch anything thank thank god we do we do the we do these remotely but never be in the bedroom

...

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