The Centerpoint Women in Trading Symposium is a chance for women in the trading industry to connect, learn, and grow. This event, to be held on Thursday, May 11th at 1:30 PM PST via Zoom, is designed to provide a platform for women to share their insights, experiences, and knowledge with each other, and to inspire more women to pursue careers in trading and finance.
I am honored to be one of the speakers at the symposium along with Shay “Humbled Trader” Huang and Mariana Hincapie. We’ll share our experiences and insights on a variety of topics related to trading, including the stigma surrounding trading, finding the right support group, what it’s like to be a woman in the trading world, and how to navigate the challenges of being a woman in a male-dominated space.
The Women in Trading Symposium is a participation-based experience–attendees are encouraged to come with their cameras on and their hearts open to sharing about their own path in trading. The event is suitable for beginners and seasoned traders alike, and attendees will have opportunities to network and connect with other women in the trading industry.
It’s time to dispel the myth that trading is a man’s game. This empowering event provides a safe space for women to connect, learn from each other, and overcome the unique challenges that women face in trading.
I am passionate about supporting women in trading and believe that events like the Women in Trading Symposium are essential in building a supportive community of women traders who can uplift and encourage each other!
I hope you will join us!Please RSVPto confirm your attendance and to receive further information about the event.
Ep 77: Alex Sposito: College Student to Six-Figure Trader
Ep:77 Alex Sposito – College Student to Seven-Figure Trader
0:30 – Fan of the pod? Please subscribe + leave a review! Plus, check out www.traderherojourney.com That’s for you if you’re a trader who has ever struggled with fear of missing out, greed, ego issues, anger issues, health issues . . .
In this episode of The Wall Street Coach Podcast, I sit down with Alex Sposito to discuss his journey from college student to becoming a seven-figure trader. Alex emphasizes the importance of risk management and networking in his success. He also discusses the support system he had during his biggest loss and how it helped him process through it quicker.
Alex also reminds traders to become systematic in trading, allowing for more focus and freeing up time to dedicate elsewhere. Looking back, the top three things he would focus on are risk management, data and statistics, and defining strategies. As he puts it, “The difference between could and should in trading is conviction.”
Alex Sposito’s journey will show you the importance of having a support system, a healthy mindset as a trader, conviction in your decisions and how to learn from our failures.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com
Ep 76: The Contrarian Trading Style of “Unknown Market Wizard” Jason Shapiro
Ep 76: The Contrarian Trading Style of “Unknown Market Wizard” Jason Shapiro
0:30 – Fan of the pod? Please subscribe + leave a review! Plus,
how to access Kim’s FREE 3-minute Trader Check-In resource at TraderCheckIn.com
1:00 – Intro to Jason Shapiro
2:10 – Jason talks about his time in a Burmese Monastery
11:05 – On having a contrarian personality
28:37 – To Twitter Space!
32:32 – His community of traders
44:04 – On unbiased trading
51:30 – Remembering how reading the book Market Wizards affected him
1:10:02 – Jason’s take on the SVB collapse
1:11:58 – Jason’s mediation practice
With 30 years of trading experience, Jason’s most recent years include a “contrarian style” approach that has zero correlation with any other trading strategy in the market. This approach has resulted in zero losing years over the past two decades. Featured in Jack Schwager’s latest book, Unknown Market Wizards, Jason Shapiro was The Contrarian referenced in Chapter Two.
Jason owns and manages a successful Commodity Trading Advisor (CTA) business called Crowded Market Report.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com
NEW and Exclusive Discord EQ Trading Room
NEW and Exclusive Discord EQ Trading Room
I’ve been teasing this for a few weeks. Now it’s time to pull back the curtain and unleash it to the world…
I’m very excited to announce the launch of a brand-new, exclusive, Discord EQ trading room called Trader Hero Journey.
It’s more than just another Discord trading group. We created Trader Hero Journey to help you understand — and overcome — the biggest threat to your trading success. Before I tell you what that is, it’s important to understand what your biggest threat is not…
The biggest threat to you becoming a successful trader is not how many patterns you know. It’s not whether you swing or day trade. And it’s not whether you prefer equities, penny stocks, large caps, or even index funds.
In fact, the biggest threat to your success has nothing to do with what you trade or your favorite strategy. So…
What Is Trader Hero Journey?
You’ve probably heard top traders say that you have to grind. They say, “You have to be willing to lose, collect data, and learn from your mistakes.”
On the surface that makes sense. The more you work, the closer you get to your goals — your wants. Most traders have clearly defined wants. They want to make their first million, want to have a 67% win rate, and want to avoid big drawdowns. But grind, grind, grind can only take you so far… It can’t take you to the level you seek because your wants are disconnected from your needs.
Yes, there are intellectual requirements when you trade. But what happens when you ‘get’ all the trading concepts? It’s not enough. Why? Because we also have emotional needs. When those needs aren’t met we’re unhappy, unhealthy, and unfulfilled.
To be healthy, happy, and fulfilled, the emotional and intellectual must be in sync. Or at least moving in that direction. Remember, finding balance is an ongoing process.
Trader Hero Journey is a place to focus on intellectual and emotional synchronization. It’s a place to embrace your Trader Hero quest.
We are naturally creative, resourceful, and whole beings. The answers we seek are within. The solutions you seek are within you. Still, most of us need support and guidance.
In my 17 years of coaching, I’ve never had a trading chat room. So you might wonder… Why now? And why a Discord server?
Now, because there is no better time to learn to “be with” our emotions. Most of us have been taught to be ashamed of unpleasant feelings. That’s not healthy. As a trader… It is risky and dangerous. Think about how badly you trade when you are angry or upset. Or the mistakes you make as losses pile up.
Trader Hero Journey is not so much a Discord trading room as much as it is a place for traders to grow into themselves. A place where you can hone your trader mindset in a healthy way. A place to strengthen your emotional intelligence.
My team and I have experience helping traders identify and avoid the biggest roadblocks to success. There’s no better way to overcome these challenges than working hand-in-hand with a professional coach who’s seen it all.
My time is limited, however. The investment individual traders make to work with me is in the mid-five-figures. So my team and I created Trader Hero Journey to help more traders like you at a price anyone can afford.
While this new “inner circle” is a Discord trading group, it is unique.
We do have channels where you can “talk shop.” But you won’t find watch lists, hot stock picks, or follow-the-leader trade alerts. Instead, you will join an exclusive server for traders created to help you step into a new way of being. A place to develop your emotional intelligence for all the challenges ahead.
Unlike Other Discord Trader Rooms and Chat Rooms
As I write, there are 7,113 Discord servers tagged trading. They can be a great place to learn about trading and the financial markets. You will find trade ideas, research, technical analysis, and other trading-related content.
The problem is that almost every Discord trading server is an altar to the cult of productivity. Everyone in the room worships at that altar. I have no doubt that hard work is required to be a successful trader. You shouldn’t deny the incredible dedication and work ethic it takes to succeed. But if you don’t have your emotional intelligence developing then all the hard work in the world isn’t going to provide you what is needed to go the distance as a trader.
In “Pathways to Bliss,” Joseph Campbell poses the question…
What Is It We Are Questing For?
Let’s unpack that because it applies directly to traders.
“It is the fulfillment of that which is potential in each of us. Questing for it is not an ego trip; it is an adventure to bring into fulfillment your gift to the world, which is yourself. [emphasis added]
There is nothing you can do that’s more important than being fulfilled.
What does that mean for traders? Is it financial freedom?
Undoubtedly, that is why most people get into trading. A lot of traders have wants like big money, watches, and fancy cars. But what happens next? What happens when you get financial freedom?
What about being able to contribute to those you love? Coaching clients say that’s one of their big reasons for working so hard.
The problem is that we start to identify with our wins and losses. We get demoralized when we lose or make a mistake. We lose our center and any sense of neutrality. Then we double down on studying and working hard. Instead of feeling without judgment, we bury our emotions. We don’t even realize how much it affects our relationships — let alone our own needs.
What you won’t find in other Discord trading groups is a place that helps you to find your center. We created Trader Hero Journey to do just that. To help you spot invisible patterns holding you back. To view your trading and life as a heroic journey.
The Call: Where Traders Embrace Their Hero Journey
What does it mean to embrace your Trader Hero Journey?
It means learning to deal with FOMO and greed. It means discovering how to keep ego in check. It means working on discipline in trading and in life. It means unabashedly bragging about wins and having others celebrate with you because they understand. It means learning how to process and be with the hard to be with feelings of loss, frustration, and anger. So that you don’t find yourself in a losing streak. It means being able to process discouragement without judgment. It means having a better relationship with money.
It means going through the experience rather than ignoring it or hiding from it or numbing it.
Recently I spoke at the Bear Bull Traders Live Trading Summit in San Diego. I talked about every trader’s universal needs and how to recognize your most vulnerable conditions.
It was good times with a great bunch of traders. And my presentation was well received.
But you know what? It only scratched the surface. That’s because trading is more than the next trade or even the next trading conference. It’s an expression of your personal quest. That’s why we created Trader Hero Journey. Accountability. Support. Encouragement. Hard truths. Continuous growth. An understanding that the quest is eternal… Which is exactly why we chose the ouroboros as the Trader Hero Journey symbol.
Your Trader Hero Journey and the Circle of Life
Why choose ouroboros as the symbol of our Trader Hero Journey room? Because it is an ancient symbol that represents eternity. It depicts a serpent or dragon eating its own tail. It symbolizes rebirth, immortality, eternity, protection, an ordered world, self-reliance, self-sufficiency and nature’s cycles. It expresses the unity of all things, material and spiritual, which never disappear but perpetually change form in an eternal cycle of destruction and re-creation. It represents the cycle of death and birth, infinity and endless return. As a trader, you will find yourself up-leveling at every turn. Wouldn’t it be valuable to have a community of fellow traders who will support and encourage this up-leveling as only a trader can? Join us for your trader journey and lean in on what emergence theory teaches us, that “the whole have properties that its parts do not have on their own.”
The Ouroboros represents eternity and is the symbol of Trader Hero Journey.
When you were called to become a trader, you embarked on a quest. As a member of Trader Hero Journey, you’re embracing your quest at every level of your being. Again, not as an expression of ego but as Joseph Campbell described as “an adventure to bring into fulfillment your gift to the world, which is yourself.”
In the prologue to “The Hero With a Thousand Faces” Campbell described the Hero’s Journey:
“A hero ventures forth from the world of common day into a region of supernatural wonder: fabulous forces are there encountered and a decisive victory is won: the hero comes back from this mysterious adventure with the power to bestow boons on his fellow man.”
Now it’s time for you to venture forth, to awaken, to understand that each of us is the Hero of our own life.
You Are the Hero of Your Own Story
You answered the call to become a trader. Now it’s time to take it to the next level. You can get what you want on this adventure… As long as you also take care of your needs.
Today — right now — you’re called to a higher level…
“Furthermore, we have not even to risk the adventure alone; for the heroes of all time have gone before us; the labyrinth is thoroughly known; we have only to follow the thread of the hero-path. And where we had thought to find an abomination, we shall find a god; where we had thought to slay another, we shall slay ourselves; where we had thought to travel outward, we shall come to the centre of our own existence; and where we had thought to be alone, we shall be with all the world.” -Joseph Campbell
Today is the day to embrace your quest. Today is the day to own your potential and take steps to fulfill it. Today is the day to start, one step at a time, so you can bring your gift to the world.
Trader Hero Journey isn’t just another Discord trading server. It’s a brand-new way to help traders like you master your trading psychology. It’s designed to help you push through mental barriers and achieve success, balance, and enjoyment.
Follow the link below for all the details on this exclusive offer, limited to only 100 traders…
Investors Underground Asks Kim Ann Curtin to Share Top Coaching Insights
My friend, Anthony Nieto over at Investors Underground, flipped the script and pushed me to share some of the top insights I’ve learned from coaching traders and investors over the last 17 years. In the spirit of giving, I held nothing back here!
Among other things, this is what you’ll discover when you take a listen:
How to finally break free from the limiting beliefs that hold you back
The 6-letter word that shapes all your decisions and actions
The key elements of a purpose-driven life and how to cultivate them
My top strategies for conquering fear, uncertainty, and doubt in pursuit of your goals
And much more…
This is a must-listen episode for anyone who wants to unleash their inner hero and live a life of purpose, fulfillment, and impact — both inside and outside the markets. I hope it opens your eyes to a new way of engaging with the markets today and in the future.
Investors Underground (IU) is one of the largest and most active online day trading communities. IU offers trading chat rooms based on trading style as well as online courses for its members. It was first established in 2004 by Nathan Michaud under the name Investors Live. In 2008, the site was rebranded as Investors Underground – the start of the site we know today. Nathan has been day trading since 2003 and became a full-time day trader in 2007.
Team Doomberg: How to Prepare Your Portfolio for Inflation Uncertainty
For the Money Show, I interview Team Doomberg on How to Prepare Your Portfolio for Inflation Uncertainty.
Has inflation peaked or will it remain entrenched like in the 1970s? The answer has enormous implications for investors and traders today. Listen in for a discussion on what lies ahead in 2023, the hidden opportunities, and how Team Doomberg is preparing their portfolio in the face of so much uncertainty. Hear discussion on:
Team Doomberg’s take on inflation
How long is the lag of the pulse
Russian – Ukraine conflict
What investors should be paying attention to
The blind spot for investors
The hard truth
Chinese ETFs
US layoffs
Diversification
Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and C-suite executives. Its principals apply decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems.
Ep 75: Brian Shannon on Maximum Gains with Anchored VWAP
Interested in having a better perspective on the market?
In this interview with The Wall Street Coach Podcast host Kim Ann Curtin and guest co-host Shane Dorian, Brian Shannon, CMT discusses the history and practical uses of Anchored VWAP– including as part of a strategy to deal with FOMO.
New and seasoned traders won’t want to miss this episode!
Anchored VWAP – it’s not for everyone, but for those who understand how to use it as a tool, it definitely gives an advantage. For Brian, it’s how he came to better understand the market and his relationship to it.
About Brian Shannon, CMT
Author Brian Shannon is a stock market analyst and trader professional with over three decades of experience. He founded Alphatrends, Alphatrends.net, an online community dedicated to market analysis and education for swing traders.
He has taught tens of thousands to become better traders with his highly acclaimed book, Technical Analysis Using Multiple Timeframes. His newest book, Maximum Trading Gains with Anchored VWAP: The Perfect Combination of Price, Time & Volume, is the #1 Investment Analysis & Strategy book on Amazon and continues to sell out.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com
Ep 74: Rick Carson on Taming Your Gremlin for Traders
52:05 – Getting comfortable with loss, navigating grief, and parting words of advice
Ep 74: Rick Carson on Taming Your Gremlin for Traders
Are inner gremlins holding you back from realizing your true potential as a trader? Don’t miss this interview with famed author Rick Carson about taming your inner gremlin!
Just about everyone has beliefs about themselves. But where do they come from? Are they based on fact, or are they really just your “inner gremlin” telling you lies that are holding you back from realizing your full potential?
According to Rick Carson, author of “Taming Your Gremlin,” any belief you have about yourself is just an opinion that you develop loyalty to. It’s important to get a sliver of light between who you are and all those ideas about who you are — otherwise they could be holding you back.
In this interview with The Wall Street Coach Podcast host Kim Ann Curtin, Rick Carson helps shed light on the “monster of the mind” that uses negative past experiences and self-doubt to limit and keep you from reaching your full potential.
About Rick Carson
When it comes to Gremlin-Taming®, Rick Carson wrote the book — literally.
Rick is the author of four HarperCollins books. His seminal work, Taming Your Gremlin® has had a remarkable track record. A top seller for HarperCollins since its publication in 1984, Taming Your Gremlin has been translated into numerous languages leading to a Revised Edition in 2003 and its sequel, A Master Class in Gremlin-Taming in 2008.
For five decades Rick has been a practicing psychotherapist, personal/executive coach, consultant to businesses, non-profit organizations, United States government agencies and more. He’s conducted presentations at the behest of organizations in the United States, Europe, and the Middle East. Rick is an Approved Supervisor for the American Association for Marriage and Family Therapy and a former faculty member at the University of Texas Southwestern Medical School.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com
Ep 72: Joseph Gasperoni of JTrader on Small Cap Trading Success
Ep 72: Joseph Gasperoni of JTrader on Small Cap Trading Success
Looking to find success in small caps? Learn from the best. Joseph Gasperoni, AKA JTrader, has been in the game for years. He’s traded and invested in a variety of different securities. He’s had to pivot time and time again in reaction to the shifting market. Now, he’s found success as both a small-cap trader and mentor.
In this unique two-part interview with The Wall Street Coach Podcast host Kim Ann Curtin, Joseph shares what goes into his impressive mindset — including how he accepts losses as part of the game. Then, the interview moves over to a live Twitter Space recording. Prepare to gain a fresh perspective on the 2023 market and more confidence on your trading path.
About Joseph Gasperoni
JTrader started trading Italian stocks and covered warrants in 1999. His ambition grew and decided to take a mentor, Dr. Michele Pertile. After gaining 5 years of experience and knowledge, JTrader finally reached his goal and traded live from 2000 to 2005. During this time JTrader continued his studies which included back testing. From this he founded his proprietary indicators, JLines. After many years of success and expanding into other class assets, JTrader finally reached a point of content but also weariness. JTrader distracted himself with long term investments and real estate from 2011 to 2016. In 2016 JTrader returned to trading but the Italian Market had changed, so he had no choice but to learn a new market, the U.S. Stock Market. Within the U.S. Stock Market JTrader found more success, particularly with small caps. His success with small caps spread amongst peers and this led him to a new ambition of creating a trading community, where he could mentor and help others find the same success he has.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any security. For full disclosures: www.thewallstreetcoach.com
TWSC Podcast Guest Frank Casey Featured on New Netflix Madoff Docuseries
(Frank was also featured in my book, “Transforming Wall Street” — and I’ve gotta say, his interview was among the longest and most harrowing in the book!)
While Madoff’s massive Ponzi scheme was exposed over a decade ago, there are still plenty of lessons that traders and investors can learn from it…
To celebrate Frank’s appearance on the buzz-worthy new Madoff docuseries, I’ve put together a list of reasons why this story still matters — and some important takeaways for traders and investors.
Note: Have you checked out the Frank Casey interview on The Wall Street Coach Podcast? If not, I urge you to check it out here or below!)
History Repeats
It would be great to say that people learned their lesson from the Madoff experience. But given the recent events in the crypto market, that may not be the case…
In fact, this is a topic that came up in my recent podcast interview with Anand Sanghvi of SangLucci (check it out here or below). In it, he speaks to the incredible turn of events that led to the FTX crash. He observed, “In one day, it went from ‘we’re on top of the world’ to ‘we’re shutting down’…”
It really did feel like the end of the world for some people. Sanghvi also spoke to the shock that he and other traders felt: “While it’s happening, you just can’t believe it. You’re like a deer in headlights. Is this really actually happening?”
Yep. It was really happening. And Madoff’s investors probably felt the same way.
While Madoff’s Ponzi scheme was very different from the FTX crash, they do have several things in common…
If It Looks Too Good to Be True…
When the market went up, Bernie Madoff’s profits went up. When the market went down, his profits went up, too. In fact, they always went up. It seems too good to be true.
The problem? It was too good to be true. Harry Markopolis, another player in the Madoff takedown who worked with Casey at Rampart Investment Management, realized that Madoff’s returns simply weren’t possible. He rang the alarm bell early — but was ignored for years.
All the while, Madoff’s investor list kept growing. One big reason?
They didn’t want to see how the sausage was made.
They saw Madoff’s fancy offices. Even more important, they saw the returns on their statements. They didn’t question the fact that those statements were on dot-matrix printouts or that Madoff was very secretive about his strategy. Most people figured he was some sort of investing genius.
It seemed too good to be true. It seemed like they’d cracked the code. As the Madoff docuseries reveals, even those who were sometimes wary of Madoff were still fooled by the veneer.
What lesson can traders and investors take from this?
Before you commit, whether it’s to a single trade or to a multimillion-dollar investment, ask yourself: does this look too good to be true?
Is this really going to be a home run, or are you just feeling FOMO?
Of course, asking questions like these requires being honest with yourself. It requires understanding what needs you may be trying to fill with trading. New to the topic? I speak about it at great length in my e-book series — check them out here.
Be honest with yourself about if it’s really a great opportunity or if it’s too good to be true! That brings us to the next point…
Really Do Your Due Diligence
Frank Casey is a finance guy. When he was first exposed to Madoff, he was intrigued. But he also asked a lot of questions.
Obviously, a lot of people did not.
Over the years, there were plenty of attempts to see what Madoff was doing. To their credit, Madoff was slippery — he managed to elude much of the prodding. But there were still plenty of opportunities for people to see that things didn’t add up.
In fact, as the docuseries shares, there were several points throughout the Ponzi scheme that just a little follow-up could have revealed the entire thing.
There’s a powerful lesson in this for traders and investors…
Really do your due diligence.
Don’t be afraid to dig deep. If you’re considering an investment, get obsessed with it. Learn everything you can. Ask the tough questions.
For day traders, due diligence won’t always mean researching a particular stock, since the pace is too fast and fundamentals don’t always matter as much. In that case, due diligence is more about taking the time to really understand the patterns and setups you’re trading so that you can really be confident when you trade. If you’re not, take a step back. Paper trade, or simply observe the market. That research time might not feel like you’re “doing” anything, but you are.
There’s No Easy Fix.
Many of Madoff’s victims were long-term investors.
They did not have a “get-rich-quick” mindset. But investing with Madoff seemed simpler than other investment vehicles that didn’t have the same returns.
This is a reminder that even sophisticated traders and investors need to hear sometimes…
There’s no easy fix. You can’t hack the system.
You might be making great investments left and right, but that doesn’t mean the same approach and strategy will keep working forever.
Or you can be on a tear during a bull market, but then when the market shifts, you don’t know what to do with yourself. You start taking trades you shouldn’t, which can lead to losses — and a dangerous cycle of shame and inner sabotage.
That’s been happening a LOT in this tough market. If you’ve been struggling, I suggest that you listen to my recent interview with Joe Fahmy (listen here, or below). He’s so supportive and uplifting even in this dreary market — it’s a must-listen.
The lesson for traders?
Be patient. Wait for your setups, even if they’re few and far between. Or, if you’ve had to adapt your strategy, be patient with yourself while you get up to speed.
And if you’re an investor? Don’t just settle for the “easy” solution. Madoff’s fund looked like an easy way to invest and make money for the future. But that so-called “easy” solution ruined people financially. Sorry, but there’s no quick or easy fix.
Madoff Docuseries: Must-See TV…
Have you checked out the new Madoff doc? What did you think? Leave a comment below! If not, I hope you’ll check it out and pay extra attention to Frank Casey’s interviews — not only can this Irishman spin a yarn, but you’re going to learn some powerful lessons, I promise.
Looking to increase your self-awareness and EQ in the coming year so you can become a stronger and more confident trader or investor? Please reach out today.
