This is episode 40 of the Steady Trade podcast. Yeah, 40 with your host, Tim Bowen.

A lot of the time, the best trade is no trade. And Stephen Johnson. A lot of people are like,

study till your eyes bleeds. And I used to be like this. So I used to be like, 30 hours a day, study 12 hours a day. And then...

Today they finished the discussion on turtle traders, where Tim and Stephen ask questions like, do you have to be smart to be a good trader?

Once you get the basic skills, once you recognize the basic patterns, I mean, you do not need to be a rocket scientist.

How do you measure success other than just how much money you win or lose?

Your goal isn't to make money.

You got to get to the point where you can do something consistent.

Then you start thinking about making money.

Should you be a trend follower?

If you see some news item and you think this stock's going to run before the volume comes

in, before the trend is confirmed, all you're going to do is end up in a bunch of boring,

lame stocks that never go anywhere.

What is the most important thing to look at when deciding on a stock?

You look at the stock and you look at the volume and you look at the pattern down trending.

Something tells me that nobody cares about this apple news.

Whatever it is, nobody cares about it.

If there's volume, I'll get out.

All this on today's episode.

But first, let's dip into our listener mailbag.

Today's question, how do you set up your spreadsheets?

So we have Miguel Molland with a question on YouTube.

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