This is episode 39 of the Steady Trade podcast with your host, Tim Bowen.

The beard is a lot like trend following until the point that my wife says, okay, it's done,

and then that's when the trend collapses and I'm forced to shave it off.

And Stephen Johnson. You normally, you normally ankles off, up through the legs, past the scrotum, under the chest hair, and you stop out of the Adams Abel. But today... Remember that really old movie? Hey guys, you ever see that really old movie? Yeah, that really old one, trading places.

You know, with Eddie Murphy and Dan Aykroyd.

I'll bet that that man could run our company as well as your young Woodthor.

Are we talking about a wager, Randolph?

Is there a problem officer?

Well, what have I told you that something like that actually happened in real life, sort of?

Today, Tim and Stephen review the book Turtle Traders by author Michael Covell.

Is trading a teachable skill?

They started out as a competition, and they started out saying, yes, it's teachable, and no, it's not teachable.

How much is nurture and how much is nature?

Nature does come into play.

You need to have the flame, the interest.

You have to have that in.

Can anybody win at this game?

People do have a chance to win in the market game.

But he or she needs the right rules and attitude to play by.

What role does failure play?

I had a day during which I made every mistake known to modern man.

How about luck?

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