Mastering the Stock Market: Embracing Patience over the Thrill of Trades
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 27 July 2023
⏱️ 19 minutes
🧾️ Download transcript
Summary
In this podcast episode of "Swing Trading the Stock Market," Ryan delves into a crucial topic: Avoiding the Thrill of the Trade. Discover the pitfalls of trading solely for excitement and adrenaline, and learn how to cultivate a mindset of patience and indifference for each swing trade. Ryan provides an insightful discussion on developing a disciplined approach to trading that leads to consistent success in the stock market.
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Transcript
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| 0:00.0 | Using my Berkeley Card Forward Credit Card to pay for the stuff I need now |
| 0:03.2 | could help build up my credit school for the day I need something bigger. |
| 0:06.5 | So buying a set of headphones, or waits for my workout, smashed it. |
| 0:11.4 | Could help in the future when I want to rent my first flat share. |
| 0:15.4 | Now that's forward thinking. Check if you're eligible at barclaycard.cote. |
| 0:20.4 | 33.9% APR representative variables subject to application financial circumstances in borrowing history, T's and Cs apply. |
| 0:26.6 | Responsible use of a credit card can help build your credit score when you pay on time. |
| 0:29.6 | Hey, I'm Ryan Mallory and this is my Swing Trading, the Stock Market podcast. |
| 0:41.4 | I'm here to teach you how to trade in a complex, ever-changing world of finance. |
| 0:46.0 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of |
| 0:51.7 | trading, and most importantly to let those winners run wild. |
| 0:55.5 | You can succeed at the stock market, and I'm ready to show you how. |
| 1:00.0 | Hey, everybody. This is Ryan Mallory with the Swing Trading the Stock Market podcast. |
| 1:05.6 | And today's episode, we're going to be talking about the thrill of the trade, needing that |
| 1:10.2 | thrill, needing that adrenaline rush when it comes to our trades. |
| 1:13.6 | I will tell you this, most of the time that I get questions about trades, |
| 1:18.2 | whether it's on stock twits or Twitter or some other social media platform, |
| 1:22.8 | oftentimes there's this need or the thrill of the trade that is driving that question, |
| 1:28.0 | that need for that adrenaline rush, that need to see that stock go from $100 to $1,000 a share to hit that |
| 1:34.6 | home run. So we're going to talk a lot about that in this episode today. And today's email |
| 1:39.3 | comes from a previous writer to the show that we'll call Lola. That was the name that she went by last time. |
| 1:46.3 | And she's sharing her success stories. |
... |
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