Trading Justice


Tyler Craig returns to the Trading Justice podcast this week to continue his discussion on teaching styles and the importance of molding the message to the student. Tim comes back armed with a variety of questions about trading and mindset for both Tyler AND Matt, and Matt gets into the hows and whys of companies performing stock splits.    
Direct download: TJ96TylerCraigPt2.mp3
Category:Podcasts -- posted at: 1:00am MDT

podcast Tyler Craig's been trading for some time: since he was 18 when both he and his father attended a trading conference. Before that, Tyler helped his father in real estate by being inexpensive manual labor. Given the choice between swinging a hammer and making trades, Tyler jumped at the opportunity to trade. Tyler started by trading stocks (with Red Hat being one of his first), then eventually moved onto options and more for the added profitability and challenge in proper implementation. As he continued to learn different trading strategies, he also discovered he was an excellent instructor, and that folks learn differently. With refinement, Tyler has learned to adapt his style to meet the room.  
Direct download: TJ95TylerCraigPt1.mp3
Category:Podcasts -- posted at: 1:00am MDT

podcast Mindset is important. Not just while trading, but while moving through life. Too often, people just go on autopilot; afraid to take a chance on something new. Breaking out of that rut can be scary. Newness is unfamiliar, and unfamiliar can hurt. True enough, but potential hurt lessens greatly if you're prepared beforehand, which for many things is as simple as taking the time to research the new thing, whether it be a new job or day trading. Large financial institutions are allowed to exist thanks to this autopilot mentality. People drop their money into hedge funds and so forth, expecting them to be actively traded over the long run. Thing is, that isn't the case. Many hedge funds are set on their own autopilot to almost always be in a bullish position and in aggressive sectors regardless of market conditions. The managers don't care; they get paid regardless of performance of the accounts. Why pay somebody else to do that? More often than not, such hedge funds do worse than market average for returns. If you want to be an inactive trader and not think about it too much, another option is the actual S&P 500, which you can get shares of. It's always made of the 500 largest companies in the US across all sectors, so it's more balanced than many hedge funds. Or, if you're willing to put forth just a bit more effort, you can actively trade yourself and, with practice, completely blow hedge fund performance away. It may be scary at first, but what new thing isn't?    
Direct download: TJ94NoahDavidsonMindset.mp3
Category:Podcasts -- posted at: 1:32pm MDT