Podcasts about how to trade it

From Broke Dad to Seven-Figure Success: Casey Stubbs on Learning from Failure Casey Stubbs is the founder and CEO of Trading Strategy Guides and Learn To Trade For Profit, as well as the host of the "How To Trade It" podcast. With a background as a U.S. Army veteran, Casey transitioned into the trading world, launching his first business, Winner's Edge Trading, in 2009, which generated over $6 million in revenue. He has authored "The Complete Trading System," focusing on mindset and strategy in trading. Through his platforms, Casey provides traders with effective strategies, market insights, and educational resources, helping them achieve financial success. He is passionate about empowering individuals to reach their trading goals and shares his personal journey to inspire others. Casey is a devoted family man, married with nine children, and actively involved in his local church. That, however, wasn't always the case. Casey's compelling broke-dad to seven-figure trading education business story will captivate and inspire you. He loves to share his failures with others because he believes that is where the most growth and character-building takes place. Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom. Connect with Casey Stubbs online: Website | LinkedIn | Twitter | Amazon | Instagram

In this conversation on today's episode of How To Trade It, Casey and Kyle discuss various aspects of trading, including the influence of Nicholas Darvas' book, avoiding shiny object syndrome, and focusing on execution. They also share their biggest lessons learned and provide insights into their trading journeys. You don't want to miss it!Key TakeawaysThe importance of self-discovery and understanding your own tendencies and biases in tradingThe significance of building good trading habits and prioritizing relationships and life balanceThe value of learning from mistakes and celebrating wins in tradingThe need for back testing and sticking to your edge in order to achieve consistent trading successPeople & Resources MentionedPhil Muscatello - Shares for Beginners podcastHow To Trade It - Phil Muscatello episodeNicholas Darvis' How I Made $2 Million in the Stock MarketSimon Severino - business coachEric Smolinski from esInvestsConnect with Kyle HedmanPodcast:  Band of TradersYouTube:  https://www.youtube.com/channel/UC3elVqhNecYCZuy9PPCLJgg  Twitter:  https://twitter.com/FinancialInept1Facebook:  https://www.facebook.com/FinancialineptitudeEmail:  teaminept@financialineptitude.com Support the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

Tesla Income Strategy Utilizing Covered Calls is discussed In this engaging episode of the How To Trade It podcast, Casey and returning expert guest, Mark Yegge, discuss the state of Tesla and its potential as a long-term investment. Mark shares his insights into Tesla's unique revenue streams, growth strategies, and the impact of their full self-driving technology.As the founder of "Cashflow Machine," Mark Yegge specializes in covered calls, a dynamic investment approach that generates consistent income from stock market investments. His expertise in this area has earned him a well-deserved reputation for helping both novice and experienced investors make the most of their portfolios.Mark Yegge is not only a financial expert but also a dedicated mentor and community builder. He believes in the power of education and accountability to drive personal growth and transformation.As a co-founder of the Light Circle organization, Mark is on a mission to empower individuals by providing comprehensive curricula, training, and an accountability structure to help them master all aspects of life—health, wealth, relationships, and more.  This is not an episode that you want to miss!Episode highlights include discussions about:Tesla's Lowered Car PricesMargin ErosionFSD Game-ChangerCybertruck Pre-OrdersRevenue PotentialTesla's Unique DesignSemi-Truck BenefitsTesla & SpaceX IntegrationStarlink ImpactConnect with Mark YeggeWebsite: DestinyCreation.comTwitter: https://twitter.com/mark_yeggeFacebook: https://www.facebook.com/mark.yegge11LinkedIn: https://www.linkedin.com/in/markyegge/Podcast: WealthArchitectPodcast.comWelcome to the How to Trade it Podcast with Casey Stubbs Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets. Support the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

This week's guest on the How To Trade It podcast is James Eaton.  He is a renowned trader and the driving force behind The Trading Lab, a leading platform dedicated to empowering traders of all levels with the knowledge and skills needed to excel in the financial markets. With a passion for both trading and teaching, James has become a trusted figure in the trading community, known for his expertise, innovation, and dedication to helping others achieve their financial goals.James Eaton's episode highlights include... Understanding the Theatrical Premise of Your Strategy Trading Based on Market Structure Balancing Trading and Personal Life Achieving Work-Life Balance Building Neural Pathways and Continuous LearningStarting with Higher TimeframesThis episode provides valuable insights into trading psychology, strategy understanding, and the importance of setting clear boundaries and routines when transitioning to full-time trading. James Eaton's journey from personal trainer to trader serves as an inspiration for those looking to make a similar transition. Connect with James EatonWebsite:  https://thetradinglab.onlineEmail:  info@thetradinglab.onlineLinkedIn:  https:  //www.linkedin.com/in/james-eaton-a29141119/Instagram:  https://www.instagram.com/jameseatonfx/Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets. Join our back-by-popular-demand Strike Trader Elite Signal service for a limited-time only!https://info.tradingstrategyguides.com/strike-trader-elite-signalsSupport the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

 This week, on the How To Trade It podcast, Casey welcomes Peter Eberle. He is a financial industry veteran as well as the President and Chief Investment Officer ofCastle Analytics LLC. Peter has extensive experience in portfolio management, derivatives trading and risk management.  Throughout his career, Peter Eberle has remained committed to his investment philosophy, which prioritizes professionalism, risk management, and the pursuit of superior returns. Peter believes in the long-term potential of cryptocurrency, with a vision of offering accredited investors access to the world of crypto, particularly focusing on Bitcoin.  You don't want to miss this episode!Highlights of today's interview include...Accredited Investors Castle Funds and Bitcoin Starting a Bitcoin-Only Fund Fund Fees and Minimum Investment Bitcoin's Potential and Challenges Starting a Cryptocurrency Fund Cryptocurrency DefinedCryptocurrency is a revolutionary digital or virtual form of currency that relies on cryptography for security and operates on a decentralized ledger technology called blockchain. Unlike traditional fiat currencies, cryptocurrencies are not controlled by any central authority or government, making them immune to manipulation or interference. The most well-known cryptocurrency, Bitcoin, was introduced in 2009 by an anonymous entity known as Satoshi Nakamoto and has since paved the way for thousands of other cryptocurrencies.Cryptocurrencies offer numerous advantages, including faster and cheaper cross-border transactions, financial inclusion for the unbanked, and the potential for decentralization to disrupt traditional financial systems. However, they also come with inherent volatility and regulatory challenges, making the cryptocurrency landscape a dynamic and evolving space with significant potential for innovation and investment.Connect with Peter EberleWebsite:  http://castlefunds.comTwitter:  https://twitter.com/castle_fundsLinkedIn:  http://www.linkedin.com/in/peberleSupport the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

Let's welcome John Meli, a currency trader with Money on the Floor, as he joins us (almost two years to the day), after his first appearance on the How To Trade It podcast!John Meli was a volunteer firefighter, martial arts enthusiast, and plummer, before starting his own general contracting business.  However, when the recession of 2008 hit, John knew he needed to pivot and find a new way to support his family. It was then that he discovered the stock market.  As one of Casey's early students, John began to excel, and now, many years later, is a seasoned prop firm trader and trading coach.  In this episode of How To Trade It, John shares some practical and personal advice on scalping Gold.  You don't want to miss it!Why Trade GoldJohn explains why he is passionate about trading Gold.Gold offers the potential to make more money than other pairs.The importance of going with the trend and staying patient.Gold is always moving, making it an exciting instrument to trade.The challenge lies in not getting manipulated by Gold's price movements.John Meli's Keys to Successful Gold Trading Patience is crucial; wait for the right setup.Be prepared to exit a trade, if the market shows signs of moving against you.Understanding Gold's patterns, such as M's and W's, and its tendency to trend.Recognizing key support and resistance levels (structure).The significance of knowing where you are in the market at all times.Emphasizing the importance of price action over relying solely on indicators.Connect with John MeliWebsiteYouTube ChannelTelegramGrab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Support the showConnect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

Casey Stubbs is the host of the popular podcast "How To Trade It," where he shares his insights and expertise in the world of trading. In addition to his podcast, Casey is also the founder of TradingStrategyGuides.com, a website that offers a variety of trading strategies and resources for traders of all levels, Learn To Trade For Profit, a lead-share opportunity, and Global Prop Trader, a proprietary trading site. With over two decades of experience in the industry, Casey has a wealth of knowledge to share with his audience, and his podcast and websites are widely considered to be among the most valuable resources for traders looking to improve their skills and increase their chances of success in the markets. He's recently released a new book, entitled The Complete Trading System: How to Develop a Mindset, Maximize Profitability, and Own Your Market Success. Connect With Casey Stubbs Website: https://tradingstrategyguides.com/ Website: https://caseystubbs.com Website: https://globalproptrader.com/ YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Twitter: https://www.twitter.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategyGuides LinkedIn: https://linkedin.com/in/caseystubbs Subscribe to our podcast Financial Advisors Say The Darndest Things https://www.abrwealthmanagement.com/podcast Join our Newsletter: http://eepurl.com/hXdQjfNeed Help With Your Finances? Schedule A Consultation https://www.abrwealthmanagement.com/consultation Click below to subscribe on your favorite podcast platform: https://pod.link/fastdt

Casey Stubbs is the host of the popular podcast "How To Trade It," where he shares his insights and expertise in the world of trading. In addition to his podcast, Casey is also the founder of TradingStrategyGuides.com, a website that offers a variety of trading strategies and resources for traders of all levels, Learn To Trade For Profit, a lead-share opportunity, and Global Prop Trader, a proprietary trading site. With over two decades of experience in the industry, Casey has a wealth of knowledge to share with his audience, and his podcast and websites are widely considered to be among the most valuable resources for traders looking to improve their skills and increase their chances of success in the markets. He's recently released a new book, entitled The Complete Trading System: How to Develop a Mindset, Maximize Profitability, and Own Your Market Success. Connect With Casey Stubbs Website: https://tradingstrategyguides.com/ Website: https://caseystubbs.com Website: https://globalproptrader.com/ YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Twitter: https://www.twitter.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategyGuides LinkedIn: https://linkedin.com/in/caseystubbs Subscribe to our podcast Financial Advisors Say The Darndest Things https://www.abrwealthmanagement.com/podcast Join our Newsletter: http://eepurl.com/hXdQjfNeed Help With Your Finances? Schedule A Consultation https://www.abrwealthmanagement.com/consultation Click below to subscribe on your favorite podcast platform: https://pod.link/fastdt

Get ready for an exciting episode with the remarkable Casey Stubbs! Casey is not only a 9 ½ year United States Army Veteran, but also a thriving business owner, a respected leader in his local church, author of The Ultimate Harmonic Pattern Strategy Book, and of course a trader for a living. Oh, and not to mention that he's also a devoted husband and father of nine! Join Agnieszka as she dives into a captivating conversation with Casey about the challenges that traders face when they want to turn trading into a full-time gig. Discover Casey's secrets to balancing the pressures of providing for a family while pursuing a trading career. He spills the beans on his journey from trading as a hobby to trading for a living and shares his wisdom on the importance of having an additional income source to ease financial stress. Brace yourself as they debunk the myth of trading as a quick fix for financial struggles and reveal the key ingredients: discipline and learning from mistakes.About Casey StubbsCasey Stubbs is the host of the popular podcast "How To Trade It," where he shares his insights and expertise in the world of trading. Additionally, Casey is also the founder of TradingStrategyGuides.com, a website that offers a variety of trading strategies and resources for traders of all levels, and the newly released GlobalPropTrader.com for proprietary trading. With over two decades of experience in the industry, Casey has a wealth of knowledge to share with his audience, and his podcast and websites are widely considered to be among the most valuable resources for traders looking to improve their skills and increase their chances of success in the markets.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom. Helping others is at the heart of all that drives Casey on a daily basis.    Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka WoodContact Casey Stubbs:Website: https://tradingstrategyguides.com/Website:  https://globalproptrader.com/ Website:    https://caseystubbs.comYouTube:   https://www.youtube.com/TradingStrategyGuidesYouTube:   https://www.youtube.com/caseystubbsTwitter:       https://www.twitter.com/caseystubbsFacebook:  https://www.facebook.com/TradingStrategyGuidesLinkedIn:    https://linkedin.com/in/caseystubbs--Transcript[00:00:00.650] - AgnieszkaI am Agnieszka Wood. Welcome to the Confidence in Trading Podcast. Let me introduce my special guest on today's show, Casey Stubbs. Casey is a nine-and-a-half-year United States Army veteran and entrepreneur, a leader in his local church, a successful business owner, and a trader. In 2009, Casey launched his first trading business, winners Edge Trading, which generated over 6 million in revenue. He then went on to launch several other successful brands, including Trading Strategy Guides, Learn to Trade for Profit, Finance & Markets, and Price Action & Income. Casey is also the author of The Ultimate Harmonic Pattern Strategy book, the most accurate harmonic patterns, and how to trade them. I met Casey a few years ago when I had the honor to be invited as a guest to his very own How to Trade It podcast. We have kept in touch since, and Casey has been supporting me greatly throughout my development as a head coach, which I am incredibly grateful for. I invited Katie to my podcast not just because he has achieved all these great things and has a wealth of knowledge that all traders can benefit from, but also because he's a married man and a father of nine and he has managed to find a way to combine trading and providing for the family. [00:01:37.550] - AgnieszkaAnd I am very excited to talk with Casey about it today because that is something that creates huge pressure for many traders. Welcome, to episode number eight: the Family Factor – how it impacts your trading. Hi Casey. Welcome to my podcast, and thank you for being open to sharing your experience in this rather private field. [00:02:01.320] - CaseyHi, Agnieszka. Thank you so much for having me. Quite an honor to be on the show. Really excited to be here today. [00:02:09.880] - AgnieszkaThank you. Thank you so much. Casey, could you tell us a little bit more about your trading journey? How did it start and how is it developing? [00:02:20.650] - CaseyOkay, so I have a really cool story about trading, and I'm really fortunate. So I started as a kid. Being interested in computers. So I grew up in the computers were new, and my aunt Mary. She worked at Intel, which makes computer chips. And so she would be bringing home computers, like parts, computer parts, and she would get extra parts that they would not need anymore, they would be throwing away or whatever. And so we'd put the computers together and she showed me how to do all that. So that created a great interest for me in technology. Me and my brothers, actually, we all. We're interested in computers. Well, it was fun. It was just so much fun. And I didn't realize it at the time because it was fun for me because we were playing games and we were putting stuff together. But I didn't realize that the computer generation, I had no idea that the future was the computers. I didn't know that my aunt was giving me an interest that was aligned. With great future skills and growth. So I was getting a skill and. I didn't even know it, which is. Kind of a good way to trick a kid into getting high-value skills. [00:03:32.690] - AgnieszkaTotally. What the timing! [00:03:34.750] - CaseyYeah. And so it turned out that my dad was involved in the stock market, and I didn't really know that he was a mechanic, a very hardworking guy, but he would be putting extra money into that. Made into the stock market. And so when I was in high school, the stock market started to get. Online trading in the early ninety s. And he didn't know how to use a computer. They didn't have computers when he was a kid. And so he's like, hey, I need. To set up my stocks, but I don't know how to use a computer. So I would help him. I got him set up, got the computer running, and hooked up the stock programs for him. And then in the process, I was. Like, what is this stock trading? This thing is amazing. I'm blown away. In my mind, I'm an instant millionaire as a teenager, like so excited about picking stocks. [00:04:27.810] - AgnieszkaWow, that is incredible. So at what age did you actually start trading? [00:04:33.130] - CaseySo I practiced a little bit with my dad, and then when I got. Out of high school, I didn't want. To go to college, I joined the army. And in the army, I made $800 a month. That was in 1996. In today's money, that's not a lot of money. [00:04:53.200] - AgnieszkaNo. Was it at that time? [00:04:55.980] - CaseyNot really. But as a 19-year-old kid. And the army, they pay for all your stuff, right? And so I remembered, I don't know. How I remembered that I was interested in trading. So with my very early on, I got an army bonus because they paid me a bonus because I picked a. Combat field that didn't get a lot of volunteers. So they paid me a $5,000 bonus. And so I took that money and I put all of it into trading accounts. And so I was stationed over in. Germany and I'd take, I don't know. How much I'd take, but most of my paycheck every time went right into my stock account. And so four years later, by the time I got out, I had over $30,000 in stocks. And it was a great time to be in. I wasn't really trading, but it was a great time because it was a big run-up from 1996. That there was what they called the.com bubble. And so I bought some tech stocks, I bought intel and I bought Cisco Systems, which was a really big one at the time. And I just made a massive return. From a very small amount of just whatever I put in every week. [00:06:07.910] - AgnieszkaThat is a great start. But how did you feel about it? Did you consider it something that you were lucky to make that money, or you thought, okay, this is how the stock market works? This is how it's going to be from now on. I'll be just always making money in the stock market. [00:06:21.930] - CaseyIt's funny because as such a young person, I still didn't really have a clue as to what was going on. I mean, I was really just very fortunate, and I didn't realize it, and I got even more fortunate. And so if you're listening to this and you think, oh, it's all your good fortune, no, I fell on my face many times. I got a good start, which helped because it got me interested. It kept the spark going because I was like, oh if I can do this once, I can do it again. But I got out in 2000, and. I got out almost at the top of that's when I got out of the army. But I got out of the market at the same time because I'm thinking, okay, I'm going to take this money and I'm going to roll it into a business. So I sold everything, and I started. My own business, which was a carpet cleaning business. And the reason I did carpet cleaning. Was because my first job was out of. The army was a carpet cleaner. And I saw my boss would show up at 08:00 in the morning, give us the jobs, and then he didn't. Do anything else all day. And I'm thinking, oh, I want to be like this guy. I want to do nothing all day. And I would bring him home, like. $500 from all day. When I didn't do it, I made like 50 and he made 500. I'm like, Wait a second, I want. To do what he's doing. So I sold all my stocks and. I bought this carpet cleaning franchise, and. That didn't end well at all. I totally crashed that into the ground for a lot of reasons. Just immaturity not knowing how to run a business, personal problems, just a lot of things that happened. And so then at that point, I. Decided to get back into the market. [00:07:58.640] - AgnieszkaTo make the money back. [00:08:01.370] - CaseyYeah, to try to get it back, to build a foundation. I've had many ups and downs. I've had many ups and downs. So that's basically how I got started, and I really started my love of trading. [00:08:13.320] - AgnieszkaAnd was there a point where you followed trading education, or was it something that you have actually just taught yourself how to trade? [00:08:23.420] - CaseySo. I love learning, and so do I. Would read a lot of books. I love reading. I read probably one book a week on average, and I have for years and years and years. And so I mix it up between trading books and history. [00:08:45.110] - AgnieszkaWow. You have to give me the secret. When do you find time for that? [00:08:50.010] - CaseyWell, here's the secret. I call it reading, but listening is the new reading. So I drive to work, I listen to books, and I put them on two X. Because it gets them done faster. [00:09:01.730] - AgnieszkaThat's smart. Wow. I got to try that. [00:09:05.230] - CaseyWhen you first start, it's like, oh, this is too fast. But after you do it for a while, your brain gets used to the speed, I bet. [00:09:13.650] - AgnieszkaI never really considered that. Yeah. [00:09:16.130] - CaseySee, you work from home, though. A lot of people I know nowadays. Are working from home. I have nine kids, so I could not have an office at home that they would know about. It would have to be underground, hidden. And so I work in an office. It's about a 30-minute drive too. [00:09:29.930] - AgnieszkaWork, which is a nice way to spend time for yourself. Right. And for the books. Yeah, I'm much more of a paper person, so I really like the physical books. I still keep buying physical books. [00:09:44.610] - CaseyI like real books. It's the problem of time. I don't have time to read them. I read very few real books now. [00:09:52.320] - AgnieszkaYes, I know. That's why I was asking about your secret, but now I know it. All right, so you basically learn from books, the trade. Right. And was there any point where you thought, okay, I'm going to transition my trading to trade for a living? Because, you see, many traders want to trade for a living, and they cannot make trading work because of the pressure of having to provide for their families. Like, at what point those two met in your life, like, that you started a family, and what was your trading looking like at that point? [00:10:37.360] - CaseyOkay, so this is a very important question. This is very important, and I have a great answer to this, and I. Have a couple of key steps I. Think that anybody can follow. So the first thing is to make sure you're making money somewhere else. Right. You've got to be making money somewhere. Else because it's just like you said, it's total pressure. It's lots of pressure to do that. And so the way that I did it was I was working in construction. And I had a very young family just starting out. So this was in 2008, so I only had four kids at that time, so pretty early. Pretty early, yeah. And so they were little, too. They were all little. And I was working in construction, and in 2008, we had a real economic slowdown. The market went down pretty significantly. [00:11:42.600] - AgnieszkaWere you trading at the time as well? [00:11:44.500] - CaseyNo, I had some stocks. I had a stock account because I always put money in. That was the early thing that I. Learned from the army. Take money. And this is everybody should be doing this. You got to have a margin, right? There's got to be a margin in your life, which means you have to be spending less money than what you're making. And even if your bills are maxed out and you can't afford certain things, or even if you're not paying certain. Things, take that money out and put it somewhere that can return the money. It doesn't have to be trading, but it could be trading. It could be investing, it could be dividends, it could be real estate, it doesn't matter. Take that money out, whatever. You pick a number. Pick a number. One of the I guess a great way to say is just take 10%. And put that aside. You can live on 90%, right? And I'm being 100% truthful. It doesn't matter how bad things are. You can always take that 10% off. And do it before anything else happens. [00:12:51.130] - AgnieszkaYeah. And even I have been in situations when things were bad and there is always this you can always live without something, right? [00:13:00.280] - CaseyHere's one thing I tell people, and. I'm not even really getting to my story yet, but I always tell people. Look, trading is not getting rich quickly and seeing the problem. Here's why I think most people fail. And I'm not going to blame the advertisements or the marketers. It's a mindset thing and maybe the. Marketers have something to do with it. You see a commercial that says make. A million dollars trading. But people are trying. They're in financial pain. And it doesn't matter if the economy is good or the economy is bad. There are people that are in financial pain and so they come to trading. To try to solve that financial pain, okay? And that is not even 100% of it. The time, that's never going to work. Because you're treating trading as a lottery ticket, right? You're going to go in there, you're. Going to start trading, and now your financial pain is going to go away. And that's not the case. There's a problem. You need to solve a financial problem and it's all about managing your money, okay? And yes, it's hard to make money right now. The jobs do not pay a lot. Kind of what we just talked about, they don't pay a lot. But you got to learn to take that 10% off and start investing it, right? Because if you can't manage your own. With personal finances, you're not going to be able to manage your trades. It's a fundamental skill that you need to manage, which is managing money, being. Able to have a margin. You got to have a margin in your trading. You got to have a margin in your personal life. And the market is not a casino. If you go into it, you're going to get destroyed and your personal pain. That your experience is going to get worse, right? [00:14:43.560] - AgnieszkaAnd a lot of traders go into the market and instead of creating the. [00:14:47.310] - CaseyMargin, they trade on margin, which is a terrible idea, right? Because then the pain is even worse, right? [00:14:56.110] - AgnieszkaThe market, stock market, or trading is not an Advil pill that is going to take your pain away. It actually will worsen the condition, the reason why you have pain in the first place. [00:15:07.860] - CaseyIt's like putting your problem and putting. It is on ten X. Ten X is your problem. So if you want to hit ground zero faster, then there you go. There's that point where you break that. The breaking point, which I think many of. We have been through, I've been through a couple of times. [00:15:25.780] - AgnieszkaYeah, definitely. [00:15:27.180] - CaseyTo me, that's the best way to do it. Change is just basically falling on your face really hard. [00:15:31.950] - AgnieszkaYeah. [00:15:32.640] - CaseyAnd then willing to change, willing to. [00:15:35.790] - AgnieszkaLearn from those falls. Right? [00:15:38.140] - CaseyYeah. [00:15:38.760] - AgnieszkaBack to your story. So when you had four kids and you were trading, you were working, actually, for the construction company. Have you ever considered going full-time trading? [00:15:52.530] - CaseyI was just so into investing and putting my money in the market. I have always done that. And so that's just something that I paid attention to. I was always looking for stocks. So what actually happened to get me? Trading that I ended up losing my job. Okay. And so the economy was bad. I was building houses and construction, and. I was laid off and there was no work. I applied everywhere. [00:16:21.140] - AgnieszkaSimilar story for a lot of traders because of COVID Right. So I'm sure a lot of people are listening very carefully right now. [00:16:29.310] - CaseyYeah. And so then I was like, okay. Well, maybe I need to figure out something else. And so I started to research and. I realized that I had a skill. Set with the markets and understand the markets. And I also had that skill set that I talked about, which was computers. And I was pretty tech-savvy. I understood the internet. And so while I started to trade. I thought, you know what, I'm just. Going to start a website as well. And I'm going to see if I can generate some revenue from the web. And so I started a website. The name of it was called Winter's Edge Trading. And I was documenting my trading activity. I was kind of going through a process where, hey, look, I'm trading, I'm. Trying to create some side revenue trading. And so I started a website. And so what happened was that the. The website started to take off. I was trading and I wasn't really. Very good because I made a lot of mistakes and I wasn't making money, but I was making money from the website. So the website was giving me side revenue, which is why I tell people. Get money coming in and keep that money coming in until you're ready to make that switch. Or you don't ever have to if. You don't want to. Or you could switch from something that you enjoy more. Because I do like working. I like trading. I like working. I want to create multiple streams of revenue. So that's really important. And so here's a little thing that. I always find it really interesting. I found this article online and it's called How to Make $1,000 a Month Online. And so I found that article and it was really long and in-depth. And this is a kind of education. [00:18:36.890] - CaseyI just followed it step by step, everything that the article told me to do. And from there, I learned how to make $1,000 a month online from my website. And as I was continuing to trade, then I was making money trading and. Making money from my website. And so the thing is, nowadays, nowadays it's a lot harder, right? I was at the perfect time to start a website. So now I wouldn't tell you like, go out and start a website. [00:19:12.440] - AgnieszkaEveryone has a website. [00:19:13.460] - CaseyBecause the market saturates saturated. I wouldn't even tell you to start a YouTube channel because everybody's on YouTube. And so one good thing that's happened. Nowadays that I have been really working hard to get traders involved in prop trading, which means that you can. Pay for a practice test on a prop firm. And so, for example, I recently launched a prop firm and it's called Global Prop Trader. [00:19:44.230] - AgnieszkaNice. [00:19:44.940] - CaseyAnd so if you go in and. You pay $250 and you pass the test, you get access to $25,000 in funds, right? So that's a way to start generating. Revenue is a little bit faster. But you still have to start very small. You have to learn how to be. Successful with a little bit. And I've been talking a lot, so. I'll let you interrupt. But I would just add one little thing. [00:20:10.020] - AgnieszkaDo you also teach them how to trade? So imagine if someone is not really good at trading or not trading at all yet. Is this the way you would recommend learning to trade? [00:20:22.250] - CaseyWell, yeah. So the biggest thing with trading in my mind is you're the mindset coach and so you're big on mindset. So the mindset has got to be really important. We talked about the casino. Mindset doesn't look at the market as a casino. The next step is to plan your trading journey. Realize that you're going to go from steps one, two, three, and four. And it's a, it's a process, it's a trading process. It's a learning process. It's a phase that you have to change your mindset. You have to grow discipline. There are just so many things that you. Have to change as a person. So you have to plan that journey. So taking the test is probably the last step. You don't want to do that early. And so consistency is another big one. Start small and don't worry about making. A certain amount of money. Yeah. Your goal might be $1,000 a month. To start, don't worry about that. Worry about making a dollar. If you can make a dollar a day or whatever consistently, then you can. Worry about making $2. But it's a lot easier to learn. To make that dollar more than it is with these big numbers. [00:21:34.320] - AgnieszkaYeah. And I think indeed that starts all with the mindset, like how do you step in there? Like if you want to make a big amount of money quickly, then you will always rush it. Right, but what's the rush? Well, the rush is if people don't make money next to trading, they are in a hurry because they have a need that has to be fulfilled. But I always say to my students, the need is always there, whether you make money or you don't make money trading or with your business. Because everyone has a need to pay the bills, right? The need is always there. The thing is, like, how do you perform despite the need? Because if you say, I'm stressed because I need to make money. Yeah, everyone needs to make money because we need money to live, that's very normal. But you have to learn how to deal with that pressure. And then when you have a family, now you have a bigger family than just four, right? So basically what I hear you saying is you have always kept an extra income next to so you had multiple sources of income, basically to be able to trade without the pressure, right? [00:22:56.760] - CaseyYes. And trading without pressure, I think is important. And in life in general, that's why another reason why that 10% is so important is because of margin, because nothing moves in a straight line. It's always like up and down. Right. And so you need to be able. To withstand downs, because if it comes. Down and you start feeling squeezed and your emotions start kicking in, that's when you're going to start making a lot of mistakes. And so I really appreciated that you. Just said in a hurry, and I don't know if I can get people to believe me when I tell them that. So I want to know if you. Have found a way to get people to actually believe you when you tell them that they're in too much of a hurry. And what's your secret about it? [00:23:47.020] - AgnieszkaWell, I think the key here is what I help them to disconnect from is to help them understand what is their hurry, and what is the real need that they have. And once you realize everyone has the need, what really makes you have pressure is something else that they need. It's all the things that people put in their heads. So I try to listen very carefully to what they say to me because people will tell you literally with their words what's in their head. Right. So usually it's about them making it if you will. They just want to be successful. They just want to finally, after all this struggle, they just want to finally be done with that pressure. It's not even about the money. Right. And that is where that hurry comes from. Because there is this idea of one day that is going to come and then after that day when I made it. Everything will be beautiful in my life, and I will never have problems, and my trading will be fantastic. I'll be making money every day. This day does not exist, so don't hurry. There is nowhere to hurry too because it's a day-to-day process. Just like when you work for a boss, when you work for your own company or trading, you go in, and every day you put in effort. The next day you do the same thing. And the day after and the day after. It's not that. When you have a job, you think, oh, I have to hurry because one day, finally the job is over. No, there will be always something to do. So even when you are trading, you will always learn. You will always have that pressure because it's a high-pressure environment. And what you need to learn is to release that pressure, release that need of desperation. I think it's a lot about being desperate, and we know that if you're desperate, you will never get a good deal. Right? I like to compare them. When you need a car and you go to a dealership, they will smell it. If you're desperate, you will not get a good deal. So don't be desperate. Don't be desperate. In the market. [00:26:29.780] - CaseyYeah, the market knows when you're desperate. [00:26:33.610] - AgnieszkaExactly. [00:26:34.060] - CaseyThe market knows. Man, that's really good! [00:26:36.430] - AgnieszkaThanks. [00:26:36.880] - CaseyThat's really good because, man, I'm always. In a hurry, and well, not always. I'm getting a lot better, but that's been very difficult for me. So, my son, he's 16, and he. Doesn't have any means, right? I mean, I take care of all of his stuff, and he has a job, too, and he makes money, and yet he's in a huge hurry. He's 16, and he's just like, me. Got to do this. He's 16, and he's like, I need. To start this business, I need. To make all this money, I need to do this. I'm like, why? [00:27:13.530] - AgnieszkaYeah. [00:27:14.060] - CaseySo this is some good I need to talk to him about this. I don't know. When I tell him, he doesn't necessarily listen to me because he's very young, but you don't need to be in a hurry. He's like, yes, I do. I need it now. But it's that same he feels like he needs to make it. He needs to do something great. That's what it is. [00:27:32.190] - AgnieszkaYeah. So now the question is, okay, so where do you need to get to? Where do you want to get to? What's the hurry? Okay, and now you're there. And now what? [00:27:42.580] - CaseyYeah, so now you are there. [00:27:45.300] - AgnieszkaWhat do you think happens? Do you think life stops or what? Do you think you're ready? And then what you'll be sipping on? [00:27:52.310] - CaseyYeah, then you're miserable. Anyways. [00:27:55.850] - AgnieszkaI know. It's really funny that you said it, because some of my students, actually, their whole idea was to trade just maybe three times a week right? Just three trades a week. And then they got all this time on their hands. Now they're doing it. And then there is the next problem popping up. What do I do with all my time? [00:28:19.860] - CaseyRight? Yeah. Well, I try to talk to people. About that on the front end. Right? I talk to that on the front end. Because before you start trading, you need to have a purpose. Right. A purpose is really important, and that's. Why I like working. Okay. I want to teach people to trade. I'm going to make some trades, and. Then I'm going to work on creating content. I want to help people learn to trade. [00:28:49.600] - AgnieszkaAbsolutely. [00:28:50.040] - CaseyI want to help them accomplish their dreams. [00:28:51.970] - AgnieszkaYes. Because I work with my students on defining a mission and their vision for life. Because it's not like, okay, you can have some goals, but then you achieve them, and then what else is there? Right. And that when you have something that is bigger than yourself. That's really where your efforts matter. And that's also what will push you through those difficult moments when things are not going that great or when it's difficult to be consistent. I run this challenge in April with my students of everyone picked their habits. We have, like, an app that tracks that. And there is an award if you have 80 or over percent of the habits that you are able to stick to. So consistency, right? It's not easy, especially if you really work on this consistency. For many people, trading is impossible because they cannot be consistent in their life. So having your own business, which you have a lot of experience in, and being a trader, has a lot of things in common. Right. One of them is the uncertainty of income because you just never know what will come in, especially at the beginning, whether you begin your business or whether you begin trading. And to bring money in consistently, you really have to keep putting in your effort consistently, just like with those habits. And even then, there are no real guarantees because you don't control other people, right? You only control yourself. So what was your way to deal with that uncertainty? And does that pressure that this uncertainty causes ever go away? Because now you have a big family, you're running a business, and you have run multiple businesses. Does this pressure ever go away? [00:31:04.230] - CaseyWow. I would say no. There's always a responsibility. When you have a responsibility, then that creates extra pressure. But I honestly think it's a good thing. So I have people working for me. And I like to hire young people. And so whenever they get married and they have a kid, I get really excited because now I know that they're. A lot more responsible than they were before. Right. Now they have to actually show up to work like before. You know, what if they took a few days off? No big deal. But. Now they have to be there. There's something about responsibility that when people are counting on you, that really helps keep you focused. [00:31:53.390] - AgnieszkaThat is so beautiful. It's actually a great perspective because from a trading perspective, that could be instead of a pressure builder, could be a motivator for people. I have to stick to my road because I have a responsibility towards my family. Right. Seeing it from the positive perspective, actually having this responsibility helps me to stay disciplined instead of, oh, my God, all this responsibility on my head. I have to make money quickly, so let me just throw some money into this stock because it's moving like crazy. [00:32:26.850] - CaseyYeah. I look at my life as kind of like when you think about the. Gym as a business person and as a trader, I have a certain level of capacity. Capacity is the amount of a load. That I can personally carry, whether that's responsibilities, whether that's how much money I can handle, all of those different things are in my bucket. Right. What I can carry in my bucket. And so, as a human being, I. Want to work on increasing my capacity. And the only way to increase your capacity is to push the limits. Right. If you're not going to push the limits, if you're not going to go through the pain, some people say it's getting out of your comfort zone, but getting out of your comfort zone, pushing the limits, doing things you've never done before and not giving up, that's how you increase your capacity. [00:33:19.160] - AgnieszkaWow, I just got goosebumps. This is just like gold, people, you got to write this down. Seriously, Casey, this is fantastic. This is a great way to see that, because that getting out of our comfort zone, that pressure that we are experiencing in life or in the market, is what always causes resistance. Right. Something we try to avoid. But the way you bring it is actually a very positive thing. And instead of getting scared of it and trying to run away from it and fight it, lean into it and let it help you to be able to carry more. That's so beautiful. Wow. [00:34:10.590] - CaseyThanks. Yeah. That's how you change. And I think we go from a mindset we don't see that going in. And so if we embrace it, we have the mindset, oh, this is changing me. Yes. This is uncomfortable. But if I believe I have faith, I think faith is a really important part. I'm always trusting God with my life. Like, okay, I'm going to come out okay through this. [00:34:35.500] - AgnieszkaYes. My yoga teacher would say, what you resist persists. What you embrace passes with grace. He always liked that... [chuckles] [00:34:47.080] - CaseyEmbrace! Yeah, that's true. Yeah. [00:34:51.710] - AgnieszkaSo is there anything else that you would like to tell our listeners that could help them to relieve that pressure of responsibility to provide for their family? [00:35:05.010] - CaseyWell, I think we covered most of it. I mean, getting a good education will help, but just not giving up. And I would also say get help, get help. Find a friend. Finding a real friend in life is. Really hard because you're embarrassed. Like, oh man, I don't want to. Tell Agnieszka about all these problems. She thinks I'm a cool person. I don't want to tell her about this, how could I do that? But a real friend is not going. To point the finger or say, well, you know what, you made this mistake. You made that mistake. They're just going to help you. They're like, okay, well, you're doing okay, keep going. Or maybe you could try this. You know, just getting somebody in your life, right? I have, I have. So that's a big secret. I have a lot of good people in my life, people that, that support me, people that have a lot more. Experience than me, people that I can share things with. Like, I just do life with people. I don't do life alone. I get experienced people that really care. About me in my life. [00:36:21.790] - AgnieszkaThat's beautiful. That is beautiful. And I think that also helps to create a sort of softness also towards yourself. Because we tend to be very hard on ourselves, especially ambitious people. And most people who get into trading are very ambitious. And I always recommend treating yourself like you would a good friend, become your best friend as well. Because if you can be your own friend, instead of putting yourself down all the time and calling yourself words when things don't go right, that will help you so much knowing that you actually have an ally in you. Right. Because it will be also easier, just like a good friend, it will be easier for you to admit that you're wrong. And in trading, trying to be right and proving yourself right, it's a big issue. Right. So being your own friend helps you in a lot of different areas in trading and then plus having great people around you to support you, that's the key. [00:37:35.570] - CaseyYeah, it can be hard to learn to be a friend to yourself. Like you said, ambitious people like, oh my goodness, look at all of the. Mistakes I made, this whole thing. So I always tell people, don't blame. Other people because that's a disaster. That will never work. Don't ever blame anybody. But then again, blaming yourself doesn't work. Either because, yeah, sure, you made the mistakes. Yeah, it's your fault. Yeah, you're a total loser and a total failure. Yes, that's all true. But if you say that stuff about yourself, you're going to dwell on it instead. I just like it. If my thought pops in, I get it out, I replace it. I do thought replacement. Oh, you're a loser. No, I'm going to persevere. I'm going to change my behavior. I'm going to do something different. Yes, this circumstance isn't good, but I'm going to push through. Right. I try to be a good friend of myself and you got to learn how to do that. That's a skill. [00:38:35.200] - AgnieszkaThat is a skill and that's one of the skills that I teach because we have about 70,000 thoughts a day and there's a lot to manage and we definitely don't have to believe all of them, most of them not. And they are simply not helping us and definitely being aware of that process. And I know that in general, we call this mindfulness. I do like to call it to mind awareness rather because when your mind is full that nothing good comes from it. I take words very literally. [00:39:11.990] - CaseyThat's a great idea. I think good is important. [00:39:15.170] - AgnieszkaYes, totally. Especially the words that we tell you and mindful. [00:39:18.910] - CaseyI never thought of that. See, I'm learning a lot, like I. A lot of times forget things because as I talked about capacity, I'm trying to do 50 million things and so sometimes I forget the most basic stuff, right? [00:39:33.380] - AgnieszkaAnd you know, mental awareness really helps you to be in the moment because this is really where all these other problems disappear. To be in the moment and dealing with something right now, not something that might happen in the future because 90% of those things are not going to happen that we are afraid of. Things that happened in the past already happened. So it doesn't make sense to dwell on those too. Blame doesn't really help anyone, should have doesn't help anything. So when you can focus on what is happening right now and really enjoy that process that is something that I strive to personally be there all the time with all the hundred thousand things that I'm with ideas. And trying to do to bring them to life. Sometimes it's pretty challenging because I am, in general, very a person with a lot of different ideas. And if I could, I would start working on them all at the same time, immediately. So trading is a sort of meditative experience at this point for me where I can actually focus on one thing and I think that is something that a lot of people could strive towards because that will help you also experience life instead of rushing to someplace in the future, forgetting to live. [00:41:06.140] - CaseyThat's good. [00:41:09.590] - AgnieszkaWell, thank you so much, Casey, that was a great conversation, I really enjoyed it, and thank you so much for sharing all these insights that from your experience, which is an absolutely captivating and inspiring story. We know each other for several years but I had no idea of a lot of them. So thank you for sharing that. I really enjoy that. Well, that brings us to the end of this episode, and I hope it will help traders who are listening to gain some new perspectives and understand that making the transition to trade for a living, it's always a decision about being able to handle the uncertainty and the load and the pressure and do everything to like Casey said, increase your capacity and making sure that you don't put all your eggs in one basket. Right. Let go of the worry and focus on your effort instead of focusing on the result, focusing on the process, and not rushing into anything, but just being grateful for what you have right now. And if you have a job that is paying you your bills, don't try to quit it as soon as possible. Make sure that you have something instead or next to it so that you don't create unnecessary pressure and let this transition happen organically. An attitude of gratitude, I think, is really key here.Thank you for listening to the Confidence in Trading podcast. If you enjoy my show, please review it and rate it on the Apple podcast and be sure to subscribe so you can come back for a real-life conversation in the next episode. Until then, this is Agnieszka Wood from ahead. Coach. And don't forget, you too can realize your dreams without losing yourself and you're in the process. Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka WoodYou can email me at launchyourlife@aheadcoach.com

Today, on the How To Trade It podcast, we have a returning guest, Karl Kaufman, who is the co-founder of American Dream Investing, which he founded with his father. Karl will be discussing the unique strategy that his father discovered that they now successfully trade.Karl only owns 13 stocks in his portfolio. The top three positions make up almost 70% of his holdings. Concentrating, is the secret sauce behind some of the outstanding returns the portfolio has seen over the last decade.In this episode, you will also hear Casey & Karl discuss…AI as the big “new tech”The potential of AIInvesting in AI companiesThe productivity and profitability of AIArtificial IntelligenceArtificial Intelligence (AI) is a groundbreaking field of computer science that has captured the imagination of people across the globe. It holds the potential to revolutionize industries, reshape economies, and transform our daily lives. In this article, we will explore what AI is, how it works, and the remarkable ways in which it is being applied today.Resources & People MentionedAVGNvidiaMicrosoftIBMConnect with Karl KaufmanWebsite:  https://www.americandreaminvesting.com/YouTube:  https://www.youtube.com/c/AmericandreaminvestingA1A  Twitter:  https://twitter.com/thekarlkaufmanFacebook:  https://www.facebook.com/americandreaminvestingLinkedIn:  https://www.linkedin.com/in/karlkaufman/Join our back-by-popular-demand Strike Trader Elite Signal service for a limited-time only!https://info.tradingstrategyguides.com/strike-trader-elite-signalsSupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

In this episode of The Eternal Optimist, Matt and guest Casey Stubbs discuss Casey's journey from the army to entrepreneurship and his success in podcasting. Casey provides valuable tips for starting a podcast, emphasizing the importance of starting small and focusing on helping others. He shares the benefits of podcasting, such as networking and building relationships. Casey's podcast, "How To Trade It," is recommended for trading education, and he highlights the power of step-by-step processes for success. Additionally, Casey discusses the importance of balancing family and business and aligning business priorities with one's calendar.In This Episode, You'll Learn:00:00:00 From Music to Podcasts: Seeking Inspiration in Audio00:04:53 Keys to Launching a Successful Podcast00:08:03 Setting Sail: Podcasters At Sea Find New Inspiration00:10:53 Embracing the J Curve: Navigating the Ups and Downs of New Ventures00:15:37 From School to Service to Entrepreneurship: One Man's Journey00:19:46 The Path to Online Business: Overcoming Challenges and Seizing Opportunities00:22:57 Family and Business: A Story of Adoption and Entrepreneurship00:25:11 Step-by-Step Success: Harnessing the Power of Processes00:28:08 Growing as an Entrepreneur: Strategies and Plans00:32:15 Mastering Time: Structured Scheduling for Productivity00:35:37 Balancing Family and Business: A Personal Mission00:39:26 Aligning Priorities: Mapping Business Goals to Your Calendar00:42:01 Teaching Financial Freedom and Impacting Lives: Casey's Vision00:45:42 Trading Education: Casey Stubbs Recommends the How to Trade It Podcast00:47:35 Navigating Production Challenges: The Need for Bumper Rails00:49:17 Endurance and Positivity: Thriving in Difficult SituationsLinks And Resources:Trading Strategy GuidesHow To Trade ItWebsiteCasey Stubbs on LinkedInThanks so much for joining us this week. Want to subscribe to Eternal Optimist? Have some feedback you'd like to share? Connect with us on iTunes and leave us a review!

In this episode of How To Trade It, Casey Stubbs introduces the topic and the goal of generating $10,000 a month from trading because he truly believes that trading can help people escape from jobs they dislike or simply provide additional income.Casey shares some personal information, including how he started TradingStrategyGuides.com, being married with nine children, and his love for outdoor activities and travel.Click Below to watch Apply to Casey Mastermind. https://info.tradingstrategyguides.com/prop-firm-training-programCasey's trading journey started in high school with an introduction to trading from his father.. He shares how he turned $800 a month in the Army, into over $30,000, by investing in the markets. Casey also discusses trading while working overseas and on deployments.Casey highlights the benefits of trading, including financial freedom, work-life balance, the ability to support a family, freedom to travel, improved relationships, and peace of mind. He acknowledges the challenges and mistakes he encountered along the way as well.Casey candidly discusses the storms he faced in his trading journey, including self-sabotage, lack of knowledge and patience, lack of discipline and a solid plan, jumping from system to system, financial constraints, lack of mentorship, time constraints, emotional struggles, and market manipulation. The Journey to $10,000 a month:Education, learning, mentoringExecutionStart smallGet a consistent track recordScale your accountReinvest your earningsWhat kind of trader are you?Swing TraderDay TraderScalper Connect With Casey StubbsWebsite:      https://caseystubbs.comWebsite:    https://globalproptrader.com/ YouTube:    https://www.youtube.com/TradingStrategyGuidesYouTube:   https://www.youtube.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesTalking Trading - Expert trading tactics so you can excel in the sharemarket.This is how traders and investors excel.Listen on: Apple Podcasts Spotify The Physician Syndicate: Angel Investing | Venture Capital | Startups | Personal FinanceThe Physician Syndicate Podcast: A podcast for physicians to jump into the startup world. Listen on: Apple Podcasts SpotifySupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine. He is an entrepreneur, a leader in his local church, and is a successful business owner and trader. That, however, wasn’t always the case. Casey’s compelling broke-dad to seven-figure trading education business story is inspiring. Casey is the founder & CEO of Trading Strategy Guides, Learn To Trade For Profit, and the host of the How To Trade It podcast. Twitter: @caseystubbs316 LinkedIn: /in/caseystubbs/

Jacob Holm is the Co-Founder of Statera Trading.  Statera means balance in Latin, which is something that is highly valued by Jacob and his partner, Blayn Marshall, in both trading and their everyday lives.In this episode of How To Trade It, Casey and Jacob discuss the transition from manual trading to automated trading, the importance of backtesting, and the qualities that make for a great trader. You don't want to miss it! Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Jacob Holm                  discuss…[03:09] Developing your own Expert Advisor[04:51] The one thing we discovered immediately[08:32] The best feeling you can have[13:36] Sustainability is essential[15:16] A solid money management system[17:30] Avoiding over optimization[20:08] MetaTrader[21:39] Reliable backtesting[24:12] Getting started[28:09] If I lost all my money tomorrow…[33:19] 0.3% risk per trade[38:24] Getting connected with JacobSponsor:This is Casey Stubbs, 2022 was a disaster for most traders. I am releasing a new service called swing trading reports.Each Sunday,  before the market opens, I will bring you up to speed on the latest market trends, including gold, bitcoin, S&P 500, and multiple currency pairs.The normal price for this is $75 a year, but we're bringing the price down to $50 a year, if you use the code HowToTradeIt25 when signing up.Visit https://swingtradingreport.com  to join the community of successful traders today!Jacob bought his first stock when he was 14 years old with help from his parents. Later, when he was old enough to open his own trading account, he started trading the forex markets. Today he trades both manually and automated trading strategies. He bought his first commercially available EA in 2014 and has been fascinated by automation, algorithmic trading and building. Additionally, Jacob is an entrepreneur and has run other companies and been involved in other ventures. He has been working at some of the biggest brands in the world and with hundreds of clients over the last few years.Resources & People MentionedPareto PrincipleTICK DataExpert Advisor Assessment - FREEConnect with Jacob HolmWebsite:https://stateratrading.com/YouTube:https://www.youtube.com/channel/UCvYwqFbpqqkGNy2PqFbLqkFacebook:https://www.facebook.com/stateratradingofficial1/Instagram:  https://www.instagram.com/stateratrading/Support the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

Claudia Moncarz is an experienced attorney based in Florida. She received her Juris Doctor degree from the University of Miami School of Law and has been admitted to practice in the state of Florida and before the United States District Court for the Southern District of Florida.With over two decades of legal experience, Claudia has a proven track record of success in both the trial and appellate courts. She is known for her strong advocacy skills and her dedication to fighting for the rights of her clients. Claudia is fluent in both English and Spanish, which allows her to effectively represent a diverse range of clients.Claudia holds a masters degree in tax law and is also the creator of My Tax Alarm, a platform designed to help individuals and businesses avoid tax fraud and identity theft. The platform provides real-time alerts to users when there is any suspicious activity related to their tax accounts, allowing them to take prompt action to protect their personal and financial information.Through My Tax Alarm, Claudia has been able to help countless individuals and businesses in Florida and beyond to protect themselves from tax-related fraud and identity theft. Her innovative solution has been recognized by various media outlets and has received numerous awards, including the Women Who Mean Business Award from the South Florida Business Journal.In this episode of How To Trade It, Casey & Claudia discuss how to avoid an IRS audit, what you can do if you owe the IRS money, and the importance of keeping good records.  You don't want to miss it!Subscribe to How To Trade It You'll want to listen to this episode, if you are interested in hearing Claudia          discuss… [03:04] Difficulties with the IRS[09:44] Ignoring the IRS[12:45] Protecting yourself[15:15] Interest & Penalties[18:22] 1099s from Venmo+?[19:08] Digital assets[22:18] Long-term holdingsResources & People MentionedInternal Revenue ServiceFREE Audit Guide (plus bonus guide when you sign up) Connect with Claudia Moncarz Website:    www.moncarzlaw.comYouTube:   “Ask the Tax Attorney”  LinkedIn:    https://www.linkedin.com/in/claudiamoncarz/Facebook:  https://www.facebook.com/mytaxlawyerEmail:           WeCare@MoncarzLaw.comSupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

 Benefit from the great wealth transfer and learn about the great lack in financial literacy. Our guest today is the educating leader at OptionsPlay and an advocate for financial literacy. She has over 13 years of experience in the financial industry and specializes in options trading.Jessica Inskip is passionate about teaching financial literacy to the next generation of investors. She has spent her career bouncing between brokerage firms, eventually taking a job at OptionsPlay, where she is free to create educational content. She saw the influx of meme traders and new investors in the stock market, and wanted to ensure that they have access to the right information. To do this, she has created courses, web portals, and social media content, teaching the basics of options trading and the importance of financial literacy. Jessica wants everyone to understand the stock market, and to make sure they have the right tools to protect their investments. In this episode of How To Trade It, Casey & Jessica discuss the new influx of meme traders, risk tolerance, the different types of investor in the stock market, and so much more. You don't want to miss it!Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Jessica Inskip discuss… 00:01:00 - Becoming involved in the financial business00:02:24 - From client to vendor at OptionsPlay00:04:39 - Meme trading and valuation00:06:15 - Skewing risk versus reward in your favor00:09:40 - The great wealth transfer00:16:09 - Financial literacy00:18:23 - Be agile and learn yourself00:21:40 - The goal of OptionsPlay00:23:18 - How automatic trading operates00:30:04 - Get connected with JessicaResources & People Mentioned: Tony Zhang - LinkedinMerillOCCDeloitteTom Sosnoff - TastyliveGameStopAppleRick Bensignor - LinkedinMorgan StanleyConnect With Jessica Inskip:  Website:      https://www.optionsplay.com/Twitter:         https://twitter.com/JessInskip_TikTok            https://www.tiktok.com/@jessicainiskipInstagram:   https://www.instagram.com/jessinskip_Podcast:        Market Playbook PodcastSupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

Sponsor:This is Casey Stubbs, 2022 was a disaster for most traders.I am releasing a new service called swing trading reports.Each Sunday  before the market opens I will bring you up to speed on the latest market trends including gold, bitcoin, S&P 500, and multiple currency pairs. The normal price for this is $75 a year, but were bringing the price down to $50 a year if you use the code HowToTradeIt25 when signing up.Visit swingtradingreport.com to join the community of successful traders today!”Charlton Haupt is an entrepreneur and the creative mastermind behind the popular Bad Astro Society. With a passion to make a difference in the lives of others, Haupt is hoping to make a name for himself in the field of space exploration. He is creating a loyal following of people who desire to embark on real-life space travel at an affordable price.  Bad Astro Society has discovered that NTFs are the way to make that possible. In this episode of How To Trade It, Charlton and Casey discuss the potential of NFTs and how this project can get 10,000 people into space for just a few thousand dollars. Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Charlton Haupt   discuss… [01:26] Entrepreneurship…nature vs. nurture?[04:00] “What am I doing with my life?”[06:00] All in with Crypto![08:39] Dollar Cost Averaging is the ultimate solution[12:35] “I want to do something amazing!”[19:48] People want to spend their money[23:40] Bad Astro Society project[32:59] The launch is coming! Resources & People Mentioned Bored Ape Yacht ClubEthereum NetworkBlue Origin - William Shatner; Jeff BezosVirgin GalacticSpaceXSpace PerspectiveOpenSea Connect with Charlton Haupt Website:  badastrosociety.com Twitter:https://twitter.com/BadAstroSocietyLinkedIn: https://linkedin.com/in/charlton-haupt-757921249Email:charlton@badastro.com  Support the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

Dapo Willis is a serial entrepreneur and Managing Partner of Western Sahara Worldwide Services, a holding company based in Dubai, United Arab Emirates. The company has subsidiaries in various industries such as investment management, agro services and e-commerce.Willis began his entrepreneurial journey at the age of 17, shortly after graduating from high school. He has built a reputation for providing value to the marketplace and has generated over $50 million in revenue for his organization, partners, and associates. He is a highly skilled financial analyst and public speaker with a large social media following, with over 100,000 people under his influence on platforms such as Instagram, Twitter, and YouTube.In this episode of How To Trade It, Dapo and Casey discuss the best way to trade Forex with a “zoomed out” approach to the markets.  You don't want to miss it!Subscribe to How To Trade It You'll want to listen to this episode, if you are interested in hearing Dapo Willis discuss… [08:02] “I blew my inheritance!”[10:46] Technical analysis[21:41] Finding a mentor changed everything[30:21] Predicting the BIG moves[41:28] “I've come a very, very long way…”From the top downTop-down technical analysis is a method of analyzing financial markets by starting with a broad view of the market, such as a monthly chart, and then drilling down to shorter time frames, such as weekly and daily charts. This approach allows traders to identify larger trends and patterns in the market, which can then be used to inform trades on shorter time frames. By starting with a monthly chart, traders can identify long-term trends and patterns that may not be visible on shorter time frames. Life after trading?While trading has been great and unbelievably profitable, Dapo considers himself more of a businessman than a trader.  He was recently offered a job with a Middle Eastern hedge fund where he would be managing half a billion dollars.  The verdict is still out on whether or not he's going to accept that position.  After taking some time off from trading at the beginning 2023, Dapo will continue to pursue his e-commerce and agro businesses.  He's been using the funds acquired over his decade of trading to build farms back in Nigeria.  Dapo's also getting into exporting things like fruit, sesame seeds and ginger.  He believes it's important to diversify as much as possible by having numerous revenue streams. Willis is creatively finding ways to have his money work for him, so that he can retire from full time trading in his early 30s. Resources & People Mentioned BloombergBabyPipsCanary WharfWarren BuffetForex Mastery Program - find info. on YouTube Connect with Dapo Willis YouTube:     https://www.youtube.com/@dapowillis7278/   Twitter:         https://twitter.com/iamdapoLinkedIn:      https://www.linkedin.com/in/dapo-willis-6b3940a3/Instagram:   https://www.instagram.com/dapo.willis/Support the show

Justin  D. Hertzberg, Esq., is well known for his involvement with Forest Park FX, a leading financial services firm in the FX Trading industry. He serves as the company's General Counsel, providing legal guidance and support on a wide range of issues related to the FX market and the firm's operations. He is responsible for overseeing all legal matters for the company, including regulatory compliance, contract negotiations, and dispute resolution. His knowledge and experience in technology and FX markets makes him a valuable asset to Forest Park FX, and he is recognized for his ability to bridge the gap between legal and technical teams and helping the company to stay competitive in the industry. His focus on innovative solutions and his ability to stay ahead of industry trends makes him an essential part of Forest Park FX's leadership team.In addition to his professional accomplishments, Justin D. Hertzberg, is also known for his personal interests and hobbies. He is an avid runner and regularly participates in marathons and other long-distance races. He is a dedicated traveler, and enjoys exploring new cultures and countries. In his free time, he enjoys reading, especially books on history, and spending time with his family. Justin is involved in philanthropic causes and is known for his dedication to giving back to the community. He is actively involved in various charitable organizations, and is a strong advocate for education and children's welfare. Justin's dedication to his clients, community and personal passions makes him a well-rounded individual.In this episode of How To Trade It, Justin and Casey dig deep into the world of trading and the drawbacks and benefits of different markets. You don't want to miss it!Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Justin Hertzberg discuss…[00:53] Software development[07:15] Trading-contest gateway[12:14] Retail vs. Non-retail trading[18:56] Institutional traders[25:33] Liquidity: Where's it coming from?[29:55] Risks with MT4/MT5?[42:53] Prop tradingCFDs The growth and prevalence of CFDs (Contract For Difference), outside of the U.S., has been tremendous.  CFDs are basically off-exchange equivalents of on-exchange assets.  That could be anything from gold to indices to individual stocks to various commodities. Typically, part of the appeal is that you can trade CFD products with more leverage than you would get with on-exchange trading. Another benefit is that you can trade those products within the same trading account as Forex. So, you have your money working for you in one concentrated place. Resources & People Mentioned Interested in Prop Trading? - Come trade with us!How To “Easily” Pass a Prop Firm Test - 6 lessons to help you on your journey Connect with Justin Hertzberg Website:   www.forestparkfx.comWebsite:   www.fpfxtech.comEmail:          justin@fptxtech.comEmail:          support@forestparkfx.com - ask for JustinSupport the show

Brent Kochuba is the Founder of SpotGamma, a financial insights company, which applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. SpotGamma has thousands of members and has been featured in publications such as The Wall Street Journal and Bloomberg Markets. At SpotGamma, Brent oversees all of the product development and creative content.Previously, Brent was a portfolio manager with Seven North Capital Management where he focused on creating options-based investment strategies. Prior to that, he spent time as a derivatives broker at Wolverine Execution, Credit Suisse, and Bank of America. Brent  lives with his wife and children in Easton, Connecticut.  He holds a B.S. in Emerging Technologies from the University of Connecticut.In this episode of How To Trade It, Brent unpacks the relationship between Options and the Stock Market. You don't want to miss it!Subscribe to How To Trade It You'll want to listen to this episode, if you are interested in hearing Brent Kochuba discuss… [01:18] SpotGamma - analyzing the S&P500 and NASDAQ[03:04] Market Makers[06:47] Options expiration[10:17] Meme mania[14:45] Applying the data[20:23] Categories to watch[22:02] Daily Note[25:57] Summary of key points[28:48] Skew[31:07] A hidden danger for investorsMarket MakersThe Market Makers' whole job is to post bids and offers on the exchanges for both stocks and options. They are not a bank, nor a hedge fund.  Market Makers electronically send out and have orders resting on all of the exchanges, at all times.  Odds are, when you place an order in your eTrade or Robinhood account, you are actually buying or selling from one of the Market Makers. They are the primary liquidity providers in our market.  Citadel claims to have about 40-45% of the total option volume out there.   Resources & People Mentioned CitadelRobinhoodwww.SpotGamma.com/subscribe How to Trade It listeners can get TWO FREE WEEKS of any level of SpotGamma Subscription by using coupon code HTTI50 Connect with Brent Kochuba Website:     http://www.spotgamma.comYouTube:    https://www.youtube.com/c/spotgammaTwitter:       https://twitter.com/spotgammaSupport the show

Ran Aroussi is the founder and CEO of Tradologics - the world's first cloud platform for trading.Ran Aroussi is an autodidact computer programmer turned algorithmic trader. He first began programming after getting an IBM PC as a Bar-Mitzvah present. In 1995, he started a web development firm, which, as the online landscape evolved, transformed into a technology & marketing company.In 2009, Ran led a multi-million-dollar product launch for MyAdWise (later renamed to Intango), which led him to the AdTech industry, where he developed models for both the Buy and Sell sides of online media Exchanges.In 2013, Ran turned to trading and hasn't looked back since. Given his background, his approach to trading is systematic, and his strategies are rule-based and fully automated. To this day, Ran considers himself as much a technologist as a trader, and he uses a common-sense approach to develop automated trading strategies for Futures, Equities, and Cash markets.As an avid open-source supporter and contributor, Ran released a number of popular open-source projects for algorithmic trading and analysis, which now have more than 500,000 installs every month, and are available on his Github page.In 2020, Ran founded Tradologics, a cloud platform that helps traders, investors, and firms develop, test, run, and scale their programmatic trading strategies in the cloud – without worrying about broker connectivity, data management, infrastructure, or any of that other boring stuff.In this episode of How To Trade It, Ran and Casey discuss the importance of automating your trading to eliminate frustration and wasted time in front of a screen. You don't want to miss it!Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Ran Aroussi discuss…[04:05] Coding skills[05:59] Getting automated[12:12] Becoming profitable[14:00] Thinking in a different way[16:37] AI defined[19:11] Machine learning[22:02] Trading…a zero sum game[32:54] Supporting 9 different coding languagesResources & People MentionedAlgorithmic Trading & Analysis at GibhubConnect with Ran AroussiWebsite:     https://tradologics.com Twitter:        https://twitter.com/aroussiLinkedIn:     https://www.linkedin.com/in/aroussi    Support the show

Special guest Casey Stubbs from How To Trade It joins the show this week to give his experienced tips and tricks in the market.  Join in now to hear what he has to say. Reach out to either host:dan@reallifetrading.comdean@reallifetrading.com

Kasey Ingram was an unusual kid, who never gave the “I want to be a police officer or firefighter, when I grow up” answer.  Instead, Kasey wanted to be a stockbroker. Even as a young child, he preferred to look at stock graphs in the newspaper, over the cartoon section.Kasey opened an IRA account through his bank, at the age of 15 or so, but was shocked at the $5 trading fees, when he had very little to invest in the first place. Eventually, the Robinhood app became available, and access to free trades caused a huge shift. He used the proceeds from trading stocks to fund his first real estate purchase of a 3 bed, 2 bath home in Portland, Oregon, at the age of 22.  Kasey rented out two of the rooms to help cover the mortgage. He then bought his second house, only 11 months later, and rented out two or three rooms again, while renting the first home completely. In this episode of How To Trade It, Kasey and Casey discuss practical and simple principles that will bring financial freedom within reach.  You don't want to miss it!Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in... [01:17] Learning to be responsible[07:11] Making trading an investment instead of a job[15:47] Investing in yourself[22:45] Pleasure vs. delayed gratification[27:56] Pursuing a mentorThe Cashflow QuadrantIf you are interested in achieving financial freedom, The CASHFLOW Quadrant is a must-read.  The simple graphic upon which this book is based, represents four different methods of revenue generation.  Each of these different methods comes with its own unique technical skill set, educational path, and personality for which it is best suited.  Consistency & disciplineIf you want financial freedom and to live as a financially responsible adult, you must embrace the ideas of consistency and discipline.  If you don't, the result is irresponsible spending, debt, and poor financial practices that can quickly spiral out of control.  It won't matter, if you make a million dollars, if you don't have the discipline to spend that money wisely.   Resources & People Mentioned Rich Dad Poor Dad by Robert T. KiyosakiRich Dad's CASHFLOW Quadrant by Robert T. KiyosakiMint (budget tracker/planner)Bitcoin & Finance 101 with Natalie Brunell (podcast episode)Graham StephanAndre Jikh Connect with Kasey Ingram YouTube:https://youtube.com/channel/UCdUcR_a7Npsta9Tna0GWpXg  LinkedIn:    https://www.linkedin.com/in/kaseyingraminc (main contact)TikTok:https://www.tiktok.com/@kifinanceSupport the show

Casey Stubbs launched his first trading business, Winner's Edge Trading in 2009, which generated over 6 million in revenue. He then went on to launch several other successful brands, including: Trading Strategy Guides, Learn to Trade for Profit, Finance & Markets, Price Action & Income, and his very own How To Trade It podcast. Casey is also the author of The Ultimate Harmonic Pattern Strategy Book: The Most Accurate Harmonic Patterns And How To Trade Them.Like most entrepreneurs, Casey has made lots of mistakes along the way. Today, he's sharing the greatest lessons he's learned and how you can apply them to create your first 6-figure year.Takeaways- Start before your plan is perfect- Create multiple streams of income- How to establish credibilityConnecthttps://tradingstrategyguides.com/https://podcast.tradingstrategyguides.com/https://www.linkedin.com/in/caseystubbs/https://twitter.com/caseystubbshttps://www.youtube.com/c/TradingStrategyGuidesStart your Podcast: https://marksavantmedia.com/Mark Savant: https://www.linkedin.com/in/mark-savant-ba777145/Quote“Stick with one thing at a time”

Zoë Barry is a serial entrepreneur, Mentor in Residence with Techstars, and angel investor.  Currently, Zoë is the Founder and CEO of Zingeroo, her second venture-backed tech startup. Zingeroo makes stock trading competitive, social, and educational and has raised $11.5M to date. The Zingeroo trading app is available for download in the iOS store.Zoë began her career on Wall Street, working for the hedge fund Dawson Capital. She was inspired to found her first company in 2012, ZappRx, when a family member was diagnosed with a severe condition that required specialized therapy. ZappRx was best described as the “Amazon Prime for $100K/year specialty medication.” As a sole- founder, Barry raised over $42M for ZappRx, before the company was acquired by Allscripts, in June of 2019.When she isn't busy building her company, Zoë enjoys mentoring first-time founders. She has invested in over 20 startups to-date. Zoë was named as one of Inc. Magazine's 30 Entrepreneurs Under 30, in 2015; Boston Business Journal's 40 under 40, in 2015; and Medtech Boston's 40 under 40 Healthcare Innovators, in 2016. In her “spare time”, Zoë is an amateur race car driver and avid skier.In this episode of How To Trade It, Zoe talks about the switch to more transparent trading for the sake of sharing data with other traders. You don't want to miss it!Zoe's introduction. 0:12How does Zingaroo bring data to retail traders? 2:05Is it common for investors to talk about their wins and losses? 6:28What types of instruments are able to be traded on the platform? 10:30What other resources and benefits do you offer for traders? 12:04Retail investors don't have their finger on the pulse. 13:48What's the biggest problem with the current market. 18:00How did you get started with your platform? 20:50Why it's a great time to be launching a platform. 24:50Resources & People MentionedQuiver QuantitativeSpotGammaConnect with Zoe BarryWebsite:      https://zingeroo.com/Twitter:        https://twitter.com/ZoeBarryCEOLinkedIn:     https://www.linkedin.com/in/zoebarry/Instagram:  https://www.instagram.com/zoebarryceo/Support the show

Jonah Lupton is a prolific entrepreneur who is known for his various start-up companies, including Lupton Capital. He has gained particular renown for beginning Lupton Media, SoundGuard, and Nutraspire. Born and raised in Boston, Massachusetts, Jonah earned his Bachelor's of Science degree in business Management from Salve Regina University in 2002. He began his professional career working in finance, before resigning to pursue entrepreneurship in 2011. In 2012, he became an early investor in Cauzly.com. Following the website's relaunch in 2015, he became the CEO. In this episode of How To Trade It, Jonah and Casey talk about how to find stocks that will perform well in terrible market conditions. You don't want to miss it!Subscribe to How To Trade ItYou'll want to listen to this episode, if you are interested in hearing Jonah discuss…[01:33] His daily routine[03:47] Biggest position right now[13:59] Trimming positions[21:31] His focus for 2023[35:29] Getting connectedCELSIUS Jonah is adamant about researching the companies of the stocks he invests in.  Since his biggest position right now is Celsius Holdings, Inc. (CELH on Nasdaq), Jonah knows a thing or two about their proprietary, flagship brand CELSIUS.  He's a big fan actually.  This revolutionary fitness drink comes in several delicious sparkling and non-carbonated flavors, and in powder stick packets that you can add to water.  Unlike many of its primary, energy drink competitors, CELSIUS has no preservatives, no aspartame, no high fructose corn syrup, is non-GMO, with no artificial flavors or colors, and no added sodium.  It's kosher and vegan certified, soy, gluten, and sugar free too.   If you haven't tried them yet, grab yourself some CELSIUS today!  The two biggest sectorsMedical Technology and Energy have been the two biggest sectors that I've been trading in recent years. I've reduced my energy involvement in the last four or five months because I think it has topped out for now.  However, my portfolio is about 25% Med Tech at this point.  It's very heavy because I think Healthcare and Med Tech are both good, at least through the end of this year and early into the next.  They give you an offense and a defense. Medical devices, procedures, and surgeries are going to continue to happen, regardless of what the FED is doing, where inflation is, or what the economy as a whole looks like. These companies should typically perform well in any economic cycle.      Resources & People MentionedSubstackStocktwitsSeeking AlphaCELSIUS fitness drinksConnect with Jonah LuptonWebsite:     Lupton CapitalYouTube:    Lupton Capital YouTube ChannelTwitter:       https://twitter.com/jonahluptonFacebook:   https://www.facebook.com/jonahlupton  LinkedIn:     https://www.linkedin.com/in/jonahlupton/Podcast:      Investing With The Whales (Coming SOON!) Support the show

 Sunny J. Harris has been trading since 1981. She is a computer programmer and Mathematician, having used TradeStation since the early SystemWriter™ and SuperCharts™ days in the 1980s. Besides TradeStation, Sunny has also used MetaStock, Genesis Navigator, NinjaTrader, TC2000, VantagePoint and MultiCharts (and more) in her own trading. Sunny is the CEO of Sunny Harris Enterprises, and a full-time trader who also published Traders' Catalog & Resource Guide (TC&RG) magazine for 8 years, beginning in 1993. She has sponsored The Money Mentor (since 1995), and was rated the #1 trader in the “under $10 million category” by Stark Research, 2 years in a row, achieving 365% and 178% profits!  In this episode of How To Trade It, Sunny and Casey discuss practical steps to learning to trade well and the usefulness of the SunnyBands Indicator in finding success. You don't want to miss it!You'll want to listen to this episode, if you are interested in hearing Sunny Harris discuss…[00:46] How she got started[04:32] Programming on punch cards with 0s and 1s[05:53] The Market crash of ‘87[09:35] Strictly technical[11:30] Indicators give you "whip saw"[13:18] Keys to success[15:43] SunnyBands Indicator[18:35] Getting out of a trade[20:34] Free training with IndicatorsFinding SuccessSimply put, Sunny says that traders need to settle down and come up with a strategy they can prove works, by back-testing. The people who don't want to do the backtesting don't really want to know the answer. Once you have a system that you trust, you trade it. It's that simple. There is only one reason to trade and that is to make money. You aren't trading for excitement.  Losing trades always generate more excitement than winning trades.  Unfortunately, that's not the kind of excitement that traders want or need.  It takes approximately three years to truly find trading success.  Most people don't make it because they think that they are going to start trading and will make a ton of money right away.  Chances are good that won't happen.  It takes time and effort.   Resources & People Mentioned TradeStation Books by Sunny J. HarrisForex Factory (news/events)Larry WilliamsJake BernsteinSunnyBands Indicator - 20% off for podcast listeners! Connect with Sunny Harris Website:       http://www.MoneyMentor.com      Facebook:    https://www.facebook.com/sunny.harris.773Email:              Sunny@MoneyMentor.comPodcast:        The Sunny Harris Show! with Samuel K. TennisPhone:            760.908.3070 (PST) Support the show

Eddie Z is a full-time day trader and total computer geek. As you may already know, the link between advances in technology and Wall Street is pretty amazing. In fact, many innovations over the last years were created for the necessity of knowing price information and processing transactions. Eddie is the creator and CEO of EZ Trading Computers which he started after realizing the ridiculous amount some computer builders were charging for trading technology.  What started off as a lifelong hobby and passion for computers, has now turned into a mission. In this episode of How To Trade It, Eddie Z and Casey discuss the importance of optimizing your trading computer specifications, so that you don't lose out on trade opportunities. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[13:13] ‘Delays” can cost a fortune[17:35] The benchmark[21:02] “Slippage”[40:26] Buyers Guide!Big Tech Trading MistakesThe single biggest mistake that traders are making when it comes to technology is not understanding how much data is actually coming through their internet connection. If you are running any of the other major trading platforms, along with a handful of symbols, you have tons of streaming data coming in when the markets open.  If your computer isn't up to speed, it can't keep up, the information gets bottlenecked and will cause a slight delay.  That fraction of a second delay, however, can end up costing you big time. Delays, delaysEven small delays can throw off your trading methodology, especially if you are doing any kind of program trading. If you continually get a different price than you think you are buying at because of timing delays, you are going to get triggered. Your fight or flight response kicks in and you get mad. We all know that those negative emotions lead to things like revenge trading and other stupid decisions which will never work in your favor. Processors matterThe processor is the “engine” of your computer. It's the driving force. As a trader, you really need a muscle car engine to take care of the waterfall of data coming in through your broadband. Loading all of those charts takes power. And, each indicator is essentially a little computer program algorithm running on every symbol, possibly at multiple time frames. Your computer is busy, and it needs the processing power to keep up with the demands of trading.         Resources & People MentionedThe Complete Guide to Trading ComputersDiscover your computer's BENCHMARK score now!Connect with Eddie ZWebsite:  https://eztradingcomputers.net/Website:  https://ezbreakouts.com/ YouTube:https://www.youtube.com/channel/UCimOW-83bnzyAuKJe-4xTmA Facebook: https://www.facebook.com/EZTradingComputers/LinkedIn:  https://www.linkedin.com/in/eddie-z-162b3021/Support the show

Patrick Reid is a currency expert with over 15 years experience in trading FX and propriety desks. He has accepted a role as Visiting Lecturer at The University of Cambridge and is Co-Founder of The Adamis Principle which mentors traders at all levels. This outreach to less fortunate young people is a top priority for Patrick. His passion to nurture and find talent in young people has led him to partner with The Youth Group and Jack Parsons, the UK's chief youth officer. In this episode of How To Trade It, Patrick discusses the qualities he's looking for in a good mentee, and the importance of focusing on things other than the amount of money you want to make. You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out, to get started today!You'll want to hear this episode, if you are interested in…[04:51] The trading desk made me cry[07:11]  “Must try harder!”[11:17] Don't look at your P&L[16:13] A great place to be[18:24] Qualities of a good mentee[29:41] Entering & exiting [32:19] Fade[39:28] Building your data bank[41:07] Macro strategyThe Trading Desk Made Me CryAfter 15 years with the BBC, at the age of 39, I quit my job and began an apprenticeship at a trading desk.  I was basically thrown into the deep end.  The first two weeks were brutal, and yes, at one point, I found myself in a restroom stall CRYING! For a moment, I wondered if I had made the biggest mistake of my life.  Then, I pulled myself together and got right back to it.  The first three months were just survival while I was learning about economics and price action. Eventually, I found success.  So I know what it takes to get started, how to persevere when it's difficult, and also how to push others to learn the same things.  Adamis PrincipleAt Adamis Principle, we mentor traders of all levels, but we are sure to vet them first.  While that may sound a little crazy, it's important that the people seeking our help are good candidates that will be able to digest what we are teaching.  In order for people to be successful, we believe they must have the right trading DNA, so to speak.  Resources & People MentionedBloombergReutersBest data sources in the US:BLSBEAConnect with Patrick ReidWebsite:        http://www.adamisprinciple.com       Facebook:     https://www.facebook.com/adamis.principle.12LinkedIn:       https://www.linkedin.com/in/patrick-reid-5b51bb21/It's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Jeff Bishop is a professional Trader and Founder of RagingBull.com and Weekly Money Multiplier, which are both financial education and trading websites dedicated to helping other professionals achieve success in trading. He brings nearly 20 years of professional experience, and has become known as a leader in the industry. While Jeff has experience working in nearly every form of trading, he specializes in options trading. In addition to his success in professional trading and education, Jeff is also a member of the elite MENSA community, which is known as the largest and oldest high IQ society in the world.  In this episode of How To Trade It, Jeff & Casey discuss the benefits of selling options, even when the markets are seemingly out of control.  You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out, to get started today!You'll want to hear this episode, if you are interested in…[04:06] Learning to trade successfully[07:29] A tough year to trade[10:02] Volatility in the market[17:12] Bullish on Gold?[20:33] CryptocurrencyLearning to trade successfullyThe first thing I had to learn, in order to become a successful trader, was how to respect the Stop-Loss. Every trader is going to see losses. No one is successful 100% of the time. One day, when you realize that losses are a big part of trading, you will finally learn how to plan for those losses early…you plan where your “Stop” is going to be, before you even take a trade.  When you learn to do this, it's very freeing, and you gain a level of comfort when you know you aren't in over your head in trades. GOLD I own gold for the long term.  I have physical gold.  I'll always own gold.  I'm a big believer in having it as an asset.  This is probably a great time to buy too, as it is closely linked to the dollar. Right now the dollar is very extended against the Euro and other currencies.  When the dollar pulls back and other currencies strengthen, gold will rally again.  CryptocurrencyI don't actually hold any because for me the verdict is still out. I do, however, think that crypto is here to stay and will be a big part of our lives in a few years down the road.  Our best bet would probably be dollar cost averaging with the bigger blue chip crypto names like Bitcoin, Etherium, etc.  Just start scaling in…low priced, high priced…so that you get a good average price over the course of the next several years.    Resources & People MentionedBullseye TradesConnect with Jeff BishopWebsite:        https://ragingbull.com/  Twitter:          https://twitter.com/RagingBullLinkedIn:       https://www.linkedin.com/in/jeff-bishop-515579185//It's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Casey Stubbs began his journey into investing while in the Army at a very young age. With a nominal income and a little self discipline, he was able to build a significant investment "nest egg." Then, in 2008 he developed a website about stock trading which quickly gained web traffic. He now runs his website, his very own podcast, and educates people on how to make money in stock trading.  On this episode we talk about everything financial from trading, to NFTs, and Bitcoin.  If you're interested in investing, this is the episode for you.  You can get free tools and more at Casey's website: tradingstrategyguides.com You can also listen to his podcast "How To Trade It" via the link below.  podcast.tradingstrategyguides.com

Todd “Bubba” Horwitz has enjoyed a successful career in the financial industry, which he began in 1980, as one of the original market makers in the OEX Trading Pit at the Chicago Board of Options Exchange. In addition to his career as a skilled trader and investor, Bubba has spent the last decade as a mentor and educator to traders of all levels.  As the founder and Chief Strategist of BubbaTrading.com, he manages the development and distribution of market content, product development and trade ideas.  In this episode of How To Trade It, Bubba shoots straight from the hip with practical  advice on learning to trade correctly, so you can trade in absolutely ANY market conditions.  You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out, to get started today!You'll want to hear this episode, if you are interested in…[00:40] Advice for new traders[02:32] A strategy for everything[09:56] The Blow Off Pattern[14:57] Trading either side of the marketListen up new traders!The first thing I teach new traders is to be patient and disciplined. You have to wait for your trades, you can't force them. When you try to force it, you will end up losing money. Traders, especially new ones, tend to think that if they are in front of a machine, a trade must be made. Not so! If the price action you are seeing isn't conducive to the trade you are trying to set up, then you can't make money. Why put yourself in that position?We start trading at 9 amEven though the U.S. Market doesn't open until 9:30 am Eastern time, for the first 30 minutes of our trading room each day, we trade EURO currency, Gold, Crude Oil, and bonds, since those are already open. The U.S. Market still trades the heaviest volume during what were the original pit hours. If you ever watch, every morning around 9:30 am, no matter what the volume was overnight, there's a huge spike in volume.The Blow Off PatternWe trade this pattern when there is a big news event, such as a “Jobs” announcement. The market becomes completely irrational. You get a gigantic spike in volume and also in price, either up or down.  Those two things together create an opportunity.  Resources & People Mentioned   Monday Night Strategy Call - email Bubba for accessConnect with Todd “Bubba” HorwitzWebsite:        http://bubbatrading.com   YouTube:       https://www.youtube.com/c/BubbaTradingTwitter:           https://twitter.com/Bubba_TradingLinkedIn:       https://www.linkedin.com/in/bubbashow/It's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Guy Cohen is the creator and originator of the unique OVI (Options Volatility Indicator) and the founder and CEO of the WiseTraders platform. Every single day, tens of millions of dollars-worth of stocks and options are being traded by professional money managers and home-based traders, using Guy Cohen's OVI systems. Specializing in stocks and options, Guy is passionate about unlocking the power of “scarce information”, and his mission is to help others achieve similar success trading the US stock market. His expertise originates from an MBA in Finance at Cass Business School in the heart of London's financial district, but his unique appeal is his ability to communicate proven concepts, empowering you to trade them yourself.  In this episode of How To Trade It, Guy talks about learning to be discerning, so you can maximize the probability of making huge gains. You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out to get started today.You'll want to hear this episode, if you are interested in…[05:41] Big discoveries[09:55] Momentum[12:20] Three things to look for on a chart[18:15] OVI[24:20] Managing risk with deep-in-the-money calls[32:52] Better than the next big thing[37:05] Smart leverageEasy to understandGuy started trading stocks because of their simplicity. You have a unit in a company…if that company performs better than expectations, the shares are going to go up, and if the company performs less than expectations, the shares will go down. So, from an intuitive point of view, that's basic information that is easy for anyone to understand. Managing riskWhether you are trading stocks or deep-in-the-money calls, your risk management is basically the same. You should use your established trading plan, with tight stops, a set-up based on the Big Money Footprints, and consider the current market conditions.  When the market is choppy, it's wise to not be as busy as when the markets are smooth. Learning to be discerning is a critical part to achieving success.   Resources & People Mentioned The Three Master Keys of Trading"5 Stocks To Watch" FREE report Connect with Guy Cohen Website:        https://www.wisetraders.comYouTube:       https://www.youtube.com/c/wisetradersoviTwitter:          https://twitter.com/WiseTradersOVIFacebook:     https://www.facebook.com/WiseTradersOVILinkedIn:       https://www.linkedin.com/company/wisetradersIt's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Blake Morrow, the CEO and co-founder of ForexAnalytix, has over 20 years of trading experience and has been a co-owner of a Dallas-based brokerage firm and LiquidTrader Technologies. He spent over 14 years hosting a popular Forex and trading online show, “The Morning EDGE”, where he spent his day trading with and teaching other traders to navigate through the markets. Blake is a seasoned individual investor in both equities and Forex. He is a husband, father, avid golf hacker, and a proud Marine Infantryman (3rd Battalion 9th Marines, 1990-1994). In this episode of How To Trade It, Blake discusses volatility and the importance of good risk management. You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out to get started today.You'll want to hear this episode, if you are interested in…[06:20] Fractionals[16:47] Size matters[31:05] The problem with social media[39:30] Weekly strategy[41:32] It's like playing chessThe break that jump started my trading careerBy the mid ‘90s, I found myself living off of my savings and existing on Ramen and PB&Js. Not really a great place to be. At some point, my buddy and I each got $50,000 from an investor, which I quickly took down to $20,000, in about six months. Then one day, it was as if I hit the lottery. I found a stock that was trading at around $8, and it quickly went to $120.  I had some big positions and FINALLY made some money. Fractional shares saved me!  They were everywhere, and they made scalping a lot easier.  Risk ManagementLike many traders, when I first started, I only cared about the profits. I wasn't concerned with managing risk, and I definitely didn't have a plan in place to deal with it. With 20+ years of experience, now the FIRST thing I want to know is where my risk is. Since I'm managing a community of traders, and not just myself, I try to keep risk management at the forefront of everyone's mind.  You have to essentially start backwards. Before even taking a trade, you need to ask yourself how much you are willing to risk.  Resources & People Mentioned Traders Summit - Register for FREE!!! Connect with Blake Morrow Website: https://www.forexanalytix.com/blog/author/bmorrow/YouTube:https://www.youtube.com/channel/UCnAQSmtLxwt6ZMQ6V6pZw8wTwitter:https://twitter.com/PipCzarFacebook:https://www.facebook.com/forexanalytix/LinkedIn:https://www.linkedin.com/in/blake-morrow-322a47b3/It's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Jim Kenney, fondly known as The Option Professor, is a graduate of Boston College & Don Bosco Prep. He received his options training at the Chicago Board Options Exchange (CBOE) and several major investment firms.  Jim has traded thousands and thousands of options contracts in various markets and has educated numerous investors worldwide on the use and risk associated with options. In this episode of How To Trade It, Jim discusses the benefits and risks for both beginners and experienced traders. You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out to get started today.You'll want to hear this episode, if you are interested in…[01:35] Gold![06:25} Leverage[09:00] Let's talk about risk[10:06] The beauty of the BUY side[13:51] “Out-of-the-money” [18:39] Steps for beginners[19:54] The importance of sizing[22:22] Volatility[24:58] One-on-one training sessions[31:04] Getting your money off the table![32:36] Education is keyThe Draw of OptionsWhen the gold market collapsed, and I shifted to the stock market, I was immediately drawn to options because of the potential that I saw. You could do a lot with them…ride them, buy them, take in the cash, speculate, use them as insurance…I was fascinated and completely hooked.What is an option anyway?An “option” gives you the right to buy or sell a market at a certain price (called the striking point) for a certain period of time (called the expiration date).  If you buy an option, you must pay the premium (the cost of an option). If you are buying a call option, you are anticipating that the value of the stock is going up.  If you are buying a put option, you anticipate the market going down. Buying a CallHere's an example…you are looking at Apple, and it's trading at $150 per share. If you buy a call option, you are buying the right to purchase the Apple stock for a set amount of time (let's say 90 days), and you will be charged a $5 premium.  You get the right, not the obligation, to purchase 100 shares of Apple at $150, that's the striking price, for $5 x 100 shares…so $500 is your risk.  That is what you will pay to leverage $15,000 Apple stock ($150 x100, right?)  Resources & People Mentioned7 Best Ways to Trade Options (FREE eBook)Connect with Jim Kenney, The Option ProfessorWebsite:  https://www.optionprofessor.comYouTube: https://www.youtube.com/channel/UCaTmVArwmVjenxLVrSQSJrwEmail:        optionprofessor@gmail.comIt's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Mariusz Skonieczny is the founder of MicroCap Explosions and the author of 11 books on investing.  He graduated from Indiana University in 2003, with a degree in finance.  He began his career in the residential and commercial real estate industry, as an appraiser and broker.  During the 2008/2009 financial crisis, Mariusz left real estate to focus on stock market investing exclusively.  He started trading in 2009 with $10,000.  By 2019, he had grown his account to one million dollars.  That one million became $7 million by the end of 2021. In this episode of How To Trade It, Mariusz talks about what it took to realize that kind of growth. You don't want to miss it!Subscribe to How To Trade ItEpisode Sponsor:A new type of trading with Kalshi. Check it out to get started today. You'll want to hear this episode, if you are interested in…[04:05] Two types of competition[10:43] Finding companies 1 by 1[13:46] Secondary exchanges tend to attract…[15:10] The problem with NASDAQ[20:15] Going to the source[24:07] MCEChoosing a good companyChoosing a good company isn't as hard as you may think.  You do need to be willing to put in the work though. After narrowing down your choices, by eliminating all of the companies that are making empty promises or don't have any real assets to offer, you begin to dig deep.  Call the CEO.  Talk to employees or clients.  Contact the Directors.  Learn the industry.  By doing this, you will have an informational edge that you can't get with big companies trading on NASDAQ or the NYSE.  MicroCap ExplosionsThis research-based newsletter is invaluable, but it's also not regularly scheduled.  In order to 10x, 20x, 50x your investment, you can't be jumping around from thing to thing.  Giving regularly scheduled updates is ridiculous in this business. He won't write something, simply for the sake of writing something.  When Mariusz sees a good deal, he writes it up. In this current bear market, it's easy to find great opportunities. However, when you find a good thing, you buy it and then you sit on it…sometimes for a long, long time. Resources & People MentionedWarren BuffetBerkshire HathawayConnect with Mariusz SkoniecznyWebsite:    https://microcapexplosions.com/YouTube:   https://www.youtube.com/user/SkoniecznyMariuszTwitter:      https://twitter.com/ClassicValueInvLinkedIn:    https://www.linkedin.com/in/mariuszskonieczny/It's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Click Here to get StartedSupport the show

Kira Turner is a full-time, professional trader of stocks and options.  She is the Moderator at The Inner Circle Trading Group, a group of experienced traders helping each other to make great trades. In this episode of How To Trade It, Kira shares the importance of being flexible enough to remain profitable in difficult market conditions. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[02:09] Changes after trading went “online”[06:36] Risk management[08:31] Success in the markets requires…[11:26] Big challenges[12:42} Time for a new strategy[14:48] Realistic expectations[17:47] Trading during a down cycle[20:10] Recovering after a loss[25:55] An affinity for “high risk” activities[31:04] Get in touch with KiraEpisode Sponsor:A new type of trading with Kalshi. Check it out to get started today. Trading onlineWhen Kira first started trading, she had to sit across the desk from a broker who took trades on her behalf.  When online trading became all the rage, trading changed drastically.  All of a sudden, there were so many more traders with sophisticated thought processes and strategies.  The moves in the market became faster and much more violent.  Where you used to trade in quarters, you now trade in pennies. And the changes keep coming, which is perhaps the reason Kira describes her trading style as “flexible”.  She has admittedly had to completely adjust her methods multiple times, based on the market's ever-changing conditions.Success in the marketsKira believes that in order to have success in the markets you must first have confidence in your system. You have to understand sizing. And, most importantly, you must also exercise great risk control. It's critical for long-term success to learn to size correctly and manage your risk well, so that if you are wrong on a trade, you are able to take the loss and move on.  No one is right all the time, so you must prepare for those times in advance.   Trading in a down cycleThe market has been very challenging this year, but you can still trade well in a down cycle, according to Kira Turner.  Last year, the market just kept going up and up and up.  If you had a bad trade or two, you could save yourself by simply buying more and holding on for the ride. In 2022, we haven't been so lucky.  Kira has stopped holding as many positions, has reverted to more day trading, and is being more discriminate about which trades she's willing to short. The crazy runs of 2021 were fun while they lasted, but 2022 has taught Kira to cut her losses quickly. It's been her ability to be flexible and adjust to the changing market that has kept her not just afloat, but profitable, in the midst of these difficult market conditions.     Resources & People MentionedIt's Casey thanks for listening to the How to Trade it Podcast. Kalshi is a new kind of trading strategy that's unrelated to all the damage being done in today's markets. It achieves this through Event Trading. Let me explain how it works. With event trading, you profit when you predict an event correctly. . It's that simple.Just Support the show

Mark Yegge, the Wealth Architect, is a lifelong learner, author, course-creator, mentor, and fund manager. He's the founder of Destiny Creation LLC, and he's traded over $14-billion worth of securities. Using his experience and expertise,  Mark is on a mission to change the way we invest.  In this episode of How To Trade It, Mark talks about taking the small wins over and over again. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[00:42] Lessons from a Taxi driver[12:46] The 4 Cornerstones[15:28] The secret is…[22:10] The future of Bitcoin[26:43] Supply & Demand[32:46] Special offer for How To Trade It listenersFast is Slow & Slow is FastMost people just want the quick win; the fast and big money.  The better option, however, is to take small wins, over and over.  So while that may seem like the S-L-O-W approach, in the long run, it's actually a faster way to increase your wealth.  You reduce the risk of losing large sums of money, while having a consistent income that will continue to grow over time.  The enemy Emotions are the enemy of the trader.  When emotions go up, intelligence goes down.  Go ahead and tell me I'm wrong. At Destiny Creation, we try to teach people how to get rid of or control their emotions, so they can trade from a quiet and still place.  This happens by having a trusted system in place and well-defined processes to follow.  No system is perfect, but if you follow our approach and the rules, we can teach you how to consistently make 2-4% each month.Crypto…Bitcoin?Mark believes that cryptocurrency, specifically Bitcoin, is the future.  It may not replace the dollar, but it's probably good to have as part of your asset allocation, as it is probably the only truly decentralized crypto.  It's never been hacked, and it's a great option, if you want something that is going to hold its value. Resources & People MentionedJesse LivermoreWilliam O'Neil Edward O. Thorp - Beat The MarketThe Cash Flow MachineFREE eBook - Regular Paychecks (for How To Trade It listeners)Gary GenslerConnect with Mark YeggeWebsite:     DestinyCreation.comTwitter:       https://twitter.com/mark_yeggeFacebook:  https://www.facebook.com/mark.yegge11LinkedIn:     https://www.linkedin.com/in/markyegge/Podcast:      WealthArchitectPodcast.comSupport the show

Joji Mangubat is the co-founder, publisher, and president of Viking Crest, which publishes a daily market report that keeps their subscribers “well ahead of what's to come in the markets”, says Joji.  He has educated and taught investors and traders, for years, on how to make better investing and/or trading decisions by teaching them what to look for in charts, how to fundamentally assess an individual company, both short and long-term, and how to understand current economic and technical conditions to avert risk, while maximizing returns.  In this episode of How To Trade It, Joji talks about avoiding risk by learning to select quality companies to trade or invest in, whether short- or long-term. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[01:19] Self-directed portfolios[08:30] Long-term investing ideas[11:40] The markets in 2022…[13:15] Solid recommendations[20:44] Current market conditions[27:38] Research on the FedWhat makes a company “good”?When we are analyzing a company to recommend for the long haul, we always ask ourselves…Can this company change the industry it's in or can it change the world?  If it has the potential to do one of those two things, it's going to be good. However, the company must also be delivering on the growth side as well. Fundamentally, we look at the health of the company by examining the financials. We also look at the valuation metrics and forward growth projections. We often check out their competition to see if there are potential issues to watch out for or great advantages that they may have over others in their field.  Dollar Cost AveragingJoji is a huge advocate of dollar cost averaging, especially for younger investors.  It's an unfortunate reality that many investors have a tendency to average down too soon. Joji doesn't encourage averaging down, in a good company that he believes in, unless it's down 50% or more. If you are able to ride the wave, it's better to just continue to add funds each month, and then wait.   Current Market ConditionsJoji thinks we have developed a “bottom”, but he doesn't think it is THE bottom, meaning things could continue to trend down.   Markets go up and markets go down, but it's critical to remember that the single most important thing about the stock market is interest rates. So, you can be in a recession, and you can have rates collapsing, and that's going to end up being a great buying opportunity…even if the recession isn't over yet. We've already seen that during the pandemic.    Resources & People MentionedOur +FREE workshop: https://bit.ly/3GId6utConnect with Joji MangubatWebsite:    https://www.vikingcrest.com/ (Free 30-day Trial)YouTube:   https://www.youtube.com/channel/UCvgSWaZYCqLL348Xl0n75BwTwitter:      http://twitter.com/VikingCrestLifeFacebook: http://facebook.com/VikingCrestLifeLinkedIn:   https://www.linkedin.com/in/jojimangubat/Email:          john@vikingcrest.comSupport the show

Natalie Brunell is a first generation Polish-American media personality, educator, YouTuber, and podcast host. In 2021, Natalie launched her Coin Stories podcast which features the leading voices in Bitcoin and economics.  In this episode of How To Trade It, Natalie talks about the decline of the USD, and the possibilities that Bitcoin holds for the future, not only for the U.S., but on the global scene as well. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[07:25] The purpose of Bitcoin[09:17] Our inflationary economic system[11:57] Coin clipping[15:09] Bitcoin in other countries[25:36] Is Bitcoin the solution?[28:35] Journalistic integrityThe purpose of BitcoinDecisions regarding our money are made by very few people, most of whom are not elected.  We have a system of ever-growing money printing, debt, and credit, as the global reserve currency.  This has led to a huge concentration of power and also to an increasing amount of wealth concentration.  Bitcoin was invented to decouple money from the state to help eliminate, or at least alleviate, this problem.  Is Bitcoin the solution?We have an inflationary economic system coupled with technology, which is creating a deflationary system. These forces don't work well together long-term.  They lead to wealth concentration and debasement of currencies, and will eventually stop working altogether.  We need a solution!  In Bitcoin, we have some potential.  It is a decentralized monetary technology that no one owns, operates, or governs.  Bitcoin in El SalvadorLast year, El Salvador was the first country to announce Bitcoin as legal tender and to start to adopt the Bitcoin standard.  There are some hurdles ahead...at the top of the list is educating the public.  If Bitcoin survives, there is huge potential, and the likelihood of other larger countries following suit is probable.  Resources & People MentionedThe Bitcoin Standard: The Decentralized Alternative to Central BankingThe Price of Tomorrow: Why Deflation is the Key to an Abundant FutureConnect with Natalie BrunellPodcast:   Coin Stories YouTube:The Hard Money ShowTwitter:   https://twitter.com/natbrunellLinkedIn:  https://www.linkedin.com/in/nataliebrunell/Support the show

Scott Barkley is a professional Forex Trader and co-founder of ProAct Traders LLC. He has traveled extensively, while teaching and training Forex trading around the world.  Scott is a highly sought-after conference speaker, as well as a consultant and analyst in the Forex industry where he blogs on nine separate website portals. In this episode of How To Trade It, Scott unpacks his trading methods and practices. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode if you are interested in…[00:35] The markets are still moving![01:47] Pressing your winners without exception[03:59] All Forex traders are rule breaker[05:14] The worst thing that can happen to a trader[05:45] Pressing your winners revisited[06:55] The ATR [08:37] Adding to your position[10:49] Traders tend to major in the reward, rather than risk[11:18] The Snowman[12:58] One of the grandfathers of Forex trading[14:23] How much money does it take to move the Euro dollar?[15:33] Getting to breakeven[18:12] Why it's so important to press your winners[19:29] Your bail out position[20:36] When to enter a trade[22:40] The market isn't random[28:35] Scared money never winsPressing your winnersLearning to “press your winners without exception” allows for a huge opportunity to make hundreds of pips on a trade, instead of a measly 5, 10 or 12, that most traders are used to.. Simply put, this is the process of intentionally adding to each and every trade once it reaches a set target level. In fact, this addition is so important that it is set up prior to the initial trade, as double the initial trade size, and is automatically triggered once you are at a profit with the initial trade. It's a great way to capitalize on your trades, while also managing your risk well.  The worst thing that can happen… Following the rules that you establish for your trading is critical to your long-term success.  The worst thing that can happen to a trader is to break a rule and win.  It may seem crazy to think that a win is a bad thing. However, if you win under unfavorable conditions, or outside of your set rules, you are simply beginning the process of creating a bad trading habit.  And bad habits are incredibly hard to break! Traders need to learn to be more concerned with risk management, than with making a profit. The profits will come, if you are patient and willing to wait for the right situation and set up. Resources & People MentionedGreg Michalowski (HTTI podcast episode)FXDDConnect With Scott BarkleyWebsite:     https://www.proacttraders.com/YouTube:    https://www.youtube.com/user/FOREXTARGETTRADERSTwitter:       https://twitter.com/ScottBarkley18Facebook:  https://www.facebook.com/proacttraders1951Support the show

Adrian Reid is a private trader, as well as the Founder, Mentor, and Trading Coach at Enlightened Stock Trading which is dedicated to educating and supporting traders on their journey to profitable systems trading. Enlightened Stock Trading's goal is to help you achieve financial freedom and your ideal lifestyle sooner by building a trading system which suits your objectives, personality and ideal lifestyle. Adrian offers substantial support on trading systems, coaching and education.  In this episode of How To Trade It, Adrian talks about how he can help busy professionals achieve financial freedom through systematic portfolio-style trading. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[02:08] Adrian's fascination with stocks[04:40] How to know when it's time to quit your day job[14:50] Adrian's daily process[19:54] Backtesting the right way[27:24] How to maximize profits[30:17] Managing risk and draw downEnlightened TradingWhen Adrian started trading and training people, he saw all sorts of crazy stuff.  Traders were making mistakes in psychology, as well as in techniques and strategy implementation.  The name “Enlightened” came about when Adrian discovered that the most helpful thing to successful trading was to learn about yourself.  He now teaches people to develop strategies that are easily executed because they take into consideration the trader's own mind, personality, objectives, and lifestyle. This approach makes trading easy and natural because it's so personalized.  Don't Quit Your Day JobAdrian encourages traders not to quit their day job too soon.  Instead, you should use your day job to fund your trading account and grow it big enough to one day get the freedom that you truly desire. If you don't rush the process, you eliminate the stress that comes with being forced to be profitable. Adrian feels that many traders get this backward. Trading doesn't have to be stressful.  When trading becomes mechanical because you are following a straight-forward strategy, you are able to eliminate the wild and worried emotions that many traders experience. Spend as much time as necessary developing your strategies, and when you start making more trading than in your regular 9 to 5, then it's time to quit your job and enter full time trading.         Resources & People Mentioned AmiBrokerThe Trader Acceleration Bundle (FREE resource for podcast listeners) Connect with Adrian Reid Website:: www.enlightenedstocktrading.com LinkedIn:https://www.linkedin.com/groups/8486429 LinkedIn:https://www.linkedin.com/in/course-on-stock-trading/YouTube:https://www.youtube.com/c/EnlightenedStockTradingFacebook:www.facebook.com/enlightenedstocktradingSupport the show

Looking at trading from the perspective of a business process, Brian McAboy noticed that a primary challenge of trading is the same as it is in the manufacturing industry, and most other businesses: the need for consistent, solid execution of best practices. This was great news, since it's the primary focus of the whole field of Quality Assurance: making the processes and operations run so consistently and reliably that confidence and security are maximized, as are profits. Brian's field, Quality Assurance, is in its essence, “The Science of Consistency”.  Its tools, principles and practices are all designed specifically to clarify processes (for any business activity) and then get them to be highly repeatable – which is perfect for traders!  In this episode of How To Trade It, Brian talks about coaching his students by equipping them with the tools to become consistent, time and time again. You don't want to miss it!Subscribe to How To Trade ItResources & People MentionedBrian's FREE Enough To Be Dangerous PDFConnect with Brian McAboyWebsite:: https://insideouttrading.com/   YouTube:https://www.youtube.com/TraderBrianLinkedIn:https://www.linkedin.com/in/brianmcaboy/ Connect With Casey StubbsWebsite:      https://caseystubbs.comYouTube:    https://www.youtube.com/TradingStrategyGuidesYouTube:   https://www.youtube.com/caseystubbsTwitter:       https://www.twitter.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesLinkedIn:    https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Support the show

Jerry Allison is a CPA who has been practicing accounting for over 30 years.  He also holds a doctorate in business administration and a master's degree in mathematics. In addition to accounting in all types of businesses, he has taught at several universities and colleges, helping students set up and operate businesses efficiently. Dr Allison has also performed research in business strategy, publishing several journal and conference papers, and he specializes in tax preparation and consulting for those trading public securities.  In this episode of How To Trade It, Jerry talks about the importance of understanding how to properly file taxes as a trader. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[00:24] Taxation for traders[00:50] Trading Forex…[06:40] Reasons for a Schedule C[07:14] Two types of LLCs[08:55] Tax impact of losing money while trading[09:46] Trading Stocks & Options…[19:58] Cap Gains & Losses[23:17] Trading Futures…[26:32] Trading Cryptocurrencies…[29:02] Creating a trading business[32:45] Services provided by Traders AccountForex taxationIncome from trading Forex is reported as regular, ordinary income.  It's super simple to report.  It looks like income from a W-2 or 1099.  If you want to be able to deduct expenses, you can claim “Trader Status”, if you meet the following special circumstances from the IRS:  Take 700+ trades in a year; trade on 75% or more of the available trading days in a year; and spend 4-6 hours per day in research and/or education.  The IRS is trying to make certain that you are treating “trading” as an actual business.  The downside?  Claiming expenses on a Schedule C, as an individual, increases your audit risk.     Limited Liability CompaniesThe first type is a single member LLC, where there is only one owner.  Income is reported on the Schedule C of the individual's tax return.  This is useless to set up, if you are a trader.  The second type, and the one recommended for traders, is a partnership, or a multi-member LLC.  In this case, the entire trading piece is moved from the individual tax return, and income is reported on a partnership tax return.  The IRS views this as a legitimate business, or a pass-thru entity, where income is reported on a Schedule E.  Capital Gains TaxesThere are two kinds of cap gains to consider.  First, you can Short-Term, which refers to anything that you hold for a year or less.  These gains are taxed the same as ordinary income rates…22%, 35%, 37%, etc. tax brackets.  The second type is Long-Term Cap Gains.  They are the income generated by anything that is held for more than a year, but the maximum tax is capped at 20%.  Traders Accounting ServicesConsultingHelp setting up entitiesTax return preparationBookkeeping servicesConnect with Dr. Jerry AllisonWebsite::       http://www.tradersaccounting.com LinkedIn:        http://www.linkedin.com/in/dr-jerry-allison:Support the show

Michael Lamothe is the founder of MARA Wealth, and is a successful author and trading coach. Mike's trading journey began in the late 90s as a self-taught, part-time trader.  Mike learned the hard way that there's a lot more to trading than putting money in and simply waiting for more to pop out. After failing miserably on his own for nearly a decade, Mike discovered William O'Neil's book, “How to Make Money in Stocks”, and the Investor's Business Daily Meetup in NYC. Learning from like-minded traders and professional money managers, Mike began taking trading more seriously, his confidence grew, and within a year, he not only became profitable, he became a Co-Leader of the NYC Investor's Business Daily Meetup. In this episode of How To Trade It, Mike shares how he finally broke free from the vicious market cycles of gain and loss by shifting his mindset. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[06:58] Getting a system that works for YOU[10:24] Boom & Bust cycles[16:54] Finding your own style[24:00] Knowing when to break the rules[30:13] MindsetFresh out of high schoolMike tried trading on his own, on and off for nearly a decade, all-the-while getting bashed by the markets. It wasn't until he discovered the O'Neil method when reading a book, that he began to understand the ins and outs of trading.  Within a year, things finally turned around and brought some profitability.    When can I break the rules?The usual answer is “NEVER”!  Having trading rules to follow is an important part of being a successful trader. Be disciplined, in the moment. Follow the rules, in the moment.  But afterwards, when you are doing your post analysis, if you discover that your rules aren't working, or aren't producing the results you want, THEN, and only then, is it time to change the rules.  Again, this should be done in an orderly fashion, with a goal in mind.  It cannot be done in haste or out of revenge, or anger, or fear.   Resources & People Mentioned How To Make Money In Stocks by William O'NeilMark MinerviniVan TharpThe MARA Mindshift Guide by Michael LamotheComing soon…The Trading Mind Wheel by Michael Lamothe Connect with Michael Lamothe Website::  http://marawealth.com (Sign up for FREE newsletter) YouTube:https://www.youtube.com/marawealthTwitter:     https://twitter.com/MichaelGLamotheFacebook:https://www.facebook.com/MaraWealth/Instagram:https://www.instagram.com/michaelglamothe/Support the show

In this episode of How To Trade It, Casey shares what he has found to be the BIGGEST obstacle to his trading success…and it may just be true for you too. Listen now to hear how to overcome this hurdle. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode if you are interested in…[01:13] And the obstacle is…[03:54] What is integrity anyway?[08:50] Following a plan[13:10] The biggest catalyst to trading success[15:21] Good habits[20:15] The #1 reason traders failIntegrity in Life & TradingIt's pretty simple.  Integrity is doing the right thing, even when no one is watching. First, you must start with defining your standard, so that you know what the “right” thing is.  In the trading world, that means having an established plan.  If you want to become an excellent trader, you need to start with a well-thought out (& written down) plan with rules and processes to follow.  A Lack of Integrity?Sometimes we sabotage our own efforts.  We don't follow our own rules, then we blame the market, or the indicator we are using, for our failure.  We condemn ourselves for having a bad trade or series of them, and then we experience guilt for not being successful.  It's easy to get stuck in this cycle, and it's definitely not productive.  This lack of integrity will cause problems time and time again.  If you can't keep yourself accountable to following your stated rules, it might be time to find people who are willing to walk along side of you to help you stay on your path.   Resources & People Mentioned Forex Master TraderLeave a review:  Apple Podcasts or PodchaserHow To Trade It - Create Winning Trading Habits & Become a Trading Millionaire, Ep #116 Send questions, comments, and podcast ideas to: Business@TradingStrategyGuides.com Connect With Casey Stubbs Website:     https://caseystubbs.comWebsite:     https://tradingstrategyguides.com/YouTube:     https://www.youtube.com/TradingStrategyGuidesYouTube:     https://www.youtube.com/caseystubbsTwitter:       https://www.twitter.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesLinkedIn:     https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItSupport the show

Patrick Walker is the co-founder of Mission Winners.  He loves to learn.  And thankfully, he loves to teach as well.  He's taught on the university level, led youth groups & scouts, and even trained others in outdoor survival skills.  In this episode of How To Trade It, Pat shares some personal stories of growth, walks us through how he survived downturns in the market, gives credit to those who have taught him all that he knows, and so much more.  You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode if you are interested in…[02:45] How outdoor survival skills translate to the investing world [11:56] What you need to know to get started investing in the market[17:20] Focusing on chart patterns that everyone can see[18:40] The two types of capital to protect[23:40] Focusing on these three moving averages[31:40] How to stack the deck in your favor[38:47] Things to look for before exiting[43:50] Mission Winners and how to get in touchOutdoor SurvivalPatrick is big on discipline.  When he taught outdoor survival skills at high elevations, he used an, “If this...then that” approach.  You need to know what “that” is before you can do it because quite literally your life may depend upon it.  While your physical life isn't on the line, the same principle applies when investing in your financial future.  Pat tries to make his teachings fun and delivers them in digestible pieces.  Hey, don't forget your whistle!  Moving Averages   Patrick strives to buy right, so he likes to look for a clean and simple base that everyone can see.  When the volume pushes through, you ride it as long as you can.  If there is no volume, it's a red flag not to BUY.   Pat is a fan of these MAs:8-period exponential moving average21-day exponential moving average50-day moving averageBefore leaving a tradeWhen asked what he does during a bear market, Patrick answered with a resounding...I'm OUT!  “When we accept the fact that we don't know the future, we see the future much clearer.”  When you start losing the 21-day, and you start losing on the 50-day, and you start to see it rolling over on increasing volume...it's time to get out.  It is what it is.  You have to learn to believe in what you see on the charts.Resources & People MentionedGet FREE training from Patrick WalkerHow to Make Money in Stocks by Bill O'NeilThink and Trade Like a Champion by Mark MinerviniMarket Wizards by Jack D. SchwagerEd SeykotaConnect with Patrick WalkerWebsite:     http://missionwinners.com      Twitter:     https://twitter.com/PatrickWalker56     Facebook:     https://www.facebook.com/MissionWinners  LinkedIn:     https://www.linkedin.com/in/pat-walker-195588a/     Support the show

Joseph Gasperoni, aka "Jtrader," began his journey in 1999, by trading in the Italian and European stock markets. He was very successful, but wanted to expand his knowledge, so he decided to learn to trade options, futures, and American stocks. From 2004-2015,  he was able to achieve a 70% win rate per year.  In this episode of How To Trade It, Joseph shares his success and his struggles with anxiety and depression. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[09:42] What “profitable” looks like[11:27] The thing that changed Joseph's life![15:19] Starting over[19:46] Managing anxiety & stressOne year of trading Toward the end of high school, Joseph made the decision to give trading a try for one year, and if it didn't work out, he'd go to University to study banking.  After graduation, he spent the summer working and saving money, and by fall, he was able to open a brokerage account to start trading covered warrants.  In just 40 days, he lost everything he had. Instead of getting upset, he focused all of his energy into studying and learning how to trade well. The day that changed his life!Joseph was making money hand over fist! He was finding success at every turn. He was working out of a small “office” under the stairs in his parents' home, with only two monitors, when he made almost 6 figures IN ONE DAY! That's life-changing money right there.  But better than the money, was the look of pride that he saw when he looked into his parents' eyes. Joseph says it was one of the best moments of this life.Starting over  Joseph had grown accustomed to bringing in 5-10k/day .  Sometime around 2002-2003, when the Italian banks realized they were losing money, the markets changed, and Joseph found himself unable to trade covered warrants anymore.  Basically, he had to find something else to trade and completely start the educational process over again. Resources & People MentionedSmash the BidRetraining The Brain: A 45-DAY PLAN to Conquer Stress and AnxietyConnect with Joseph Gasperoni (JTrader)Website::    https://jtrader.co/  YouTube:   https://www.youtube.com/c/JTRADERTwitter:      https://twitter.com/jtradercoLinkedIn:  https://www.linkedin.com/in/jgasperoni/ Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Support the show

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom. Helping others is at the heart of all that drives Casey on a daily basis.  In this episode of How To Trade It, Casey veers from trading, and instead, shares a message he recently preached. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode if you are interested in…[04:46] Matthew 20:1-16[08:31] The Kingdom of heaven[12:22] Idle people[15:45] The rich young ruler[17:32] Leveling the playing field[21:55] Spirit & Truth[24:33] Christianity is…[26:37] Colossians 1:13[29:03[ Critical encountersResources & People MentionedSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comConnect With Casey StubbsWebsite:         https://caseystubbs.comYouTube:       https://www.youtube.com/TradingStrategyGuidesYouTube:       https://www.youtube.com/caseystubbsTwitter:          https://www.twitter.com/caseystubbsFacebook:     https://www.facebook.com/TradingStrategyGuidesLinkedIn:       https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItSupport the show

Tom “Canny” Canfield worked on Wall Street for two years, before starting a chain of restaurants. Ultimately, Canny began trading stocks in 1997, as he wound down the restaurant business, and went full-time by 1999, because of the freedom it provided to be at home with his wife and four kids.  Trading is an expression of love for his family and has allowed him to be actively involved in his kids' lives. Coaching, teaching, and encouraging, is very much in his blood…from hockey with his children to trading today. Tom is now free to enjoy life on his own terms. In this episode of How To Trade It, Tom and Casey discuss the joys and pains of trading. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode if you are interested in…[06:12] A strategy for this current market[08:59] How Tom enters a trade[13:22] Knowing when NOT to trade[23:45] Rebounding from a catastrophic loss[29:29] Facing your demons[35:29] The one year heart attack anniversary!Strategy for this current marketAccording to Tom, there's a whole lot of nothing right now.  Short trading is pretty stressful for him.  He  tends to be more of a long-term trader who looks for growth stocks that are gaining ground quickly and are in an uptrend.  So, when market conditions are under the 200 moving average, Tom tends to trade very short-term…one, two, maybe three days, at most.  There are still lots of small wins you can capture, but it's the money he makes on those long-term trades that sustain him during these leaner times.  Knowing when NOT to tradeTom likes to take a break…or rest…from trading.  He believes it's healthy for our progress to take weeks, even months, where we don't take a trade at all.  “It's absolutely essential to your mental health”, he chimes.  Rebounding from a catastrophic lossIn late January 2018, Tom tragically suffered a devastating $500,000 loss in a matter of about an hour. He tried to trade again, but was spiraling out of control.  All he wanted to do was recover his money, but he was spinning his wheels.  Tom ended up taking six months off from trading because he was so psychologically damaged that he couldn't even think straight.  It was critical that he took the time necessary to get back to “neutral”.  For Tom, that meant accepting that the money was gone, it was no longer his, he only had what he had, and then he needed to move on from there.  No looking back.  He learned that it's essential to accept losses entirely, so you can find peace right where you are.  It took a lot of effort, and discipline, but after almost two years, Tom was back in the swing of things and had recouped his losses.    Resources & People Mentioned CANSLIMWilliam O'NeilThe AlphaMind Podcast Connect with Tom Canfield Website::    https://www.bedumbfollowprice.com/Twitter:       https://twitter.com/Canny4LinkedIn:    https://www.linkedin.com/in/tom-canfield-2081b116/ Support the show