This is episode 85 of the Steady Trade podcast with your host, Tim Bowen.

For the first time in like two years, you kind of have something on me here, so you're going to milk it for as much as you can.

And Stephen Johnson.

Don't back to me. Back to your team members, so you've let down.

Back to them. Today is another episode in our paper trading challenge series. There are three contestants left, but by the end of today's episode, there will only be two. So who's going home? Will it be Jude? All of a sudden, it became easy to be profitable because I was actually doing everything that I should have been doing

for the last year.

Or Chris, once I'm sure, All of a sudden, it became easy to be profitable because I was actually doing everything that I should have been doing for the last year.

Or Chris?

Once I'm short and I cover and I see it start to approach VWAP to then switch and go along on it.

Or Liz?

I really love scalping.

Yeah.

What I like is a stock that moves between a certain range really slowly and just bounces.

Find out on today's episode.

But first, how about we dip into the listener mailbag?

Today's question comes from Adam.

Before making your first trade, what is the most important thing you need to keep in mind?

So, a good question, but, you know, it is a little vague, and the caller is asking, you know,

what is the number one thing to know before entering a trade? And I'm going to kind of keep,

I'm going to make two points and then i kind of get give

it over to stephen and maybe he can remember you know a couple years ago before he made his first

trade but um to me if i got to answer in one phrase which is kind of what this this caller is

...