When you think about trading stocks, options, equities and futures what public figures come to mind?
Do you think about the guy you alway see on CNBC as you are watching TV? You know, Jim Cramer on Mad Money? That’s perfect, because I was fortunate to speak with him and listen to his thoughts on retail trading.
If you’ve ever seen his show, you know Jim Cramer is passionate about trading, but you might not know that he is even more passionate about trading education.
In this episode, Jim and I speak about:
- The value in losing a trade
- The importance of paper trading
- How to turn a trade into an investment, and why you don’t want to do it
- Why you should focus on what you are good at
- How to protect yourself from getting schooled by the market or a “Trade Guru”
1:05 Your number ONE priority
1:24 A closet full of losers
2:00 Reasons to get better
2:58 “Intellectual lightweight non-rigorous thinking”
3:30 Protecting retail traders
4:33 Fake News
5:55 Do you have an edge in this business
6:55 A story about coffee
8:00 Get it over it!
8:50 “I like the way this stock is acting”
9:30 Supply and demand. A common sense trade?
10:50Fantastic little trades
13:00A real world example
16:00Jim Cramer’s dog: NVIDIA
18:50Trading education: Everyone is an expert
20:50Real results or snake oil? It’s ON YOU
Hosted on Acast. See acast.com/privacy for more information.
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.