Where has the time gone? I swear it was just last week that I was sweating bullets awaiting doing the first ever interview… and here we are, now at episode 50! Chezz and I take a look back at the history of the show and discuss some common themes that have arisen time and time again. When multiple guests have made mention of the same general concepts, we figured it was worth taking note of and mentioning so that hopefully you can learn from multiple people’s mistakes.
Notes:
In this episode, Clay and Chezz reflect over the past 50 episodes and touch on some recurring topics that are ‘rant’ worthy.
This includes:
What do you think about ticker XYZ?
The importance of paper trading realistically.
Growing a small account.Reluctance to invest in education and willingness to gamble ‘cautiously.’
Buy and sell alerts (which create dependency).
There is no need to rush. The market will be there in the future.
Quotes:
“The more and more I learn about trading, the less and less I need anybody’s opinion.” tweet this quote
“If you can’t buy 10,000 shares when you go to real money, don’t go to 10,000 shares when you are paper trading.” tweet this quote
“You are a CEO. What are you a CEO of? Your personal finances. You are in charge of you.” tweet this quote
“You wouldn’t go to a doctor for heart surgery who says, ‘I googled some stuff. It’s cheaper than going to school.’” tweet this quote
“There is a big difference between alerting something that is in-play and how to play it. We all have different risk tolerance.” tweet this quote
“Just keep practicing because the market will be there tomorrow, in 6 months, in 6 years. Your financial capital is finite.” tweet this quote