EP 100: Teacher to Trading Mentor – Breaking Stereotypes with Danielle Shay

In this episode of The Wall Street Coach Podcast, Kim Ann Curtin sits down with trader, investor, market analyst, and expert commentator, Danielle Shay. Danielle is VP of Options at Simpler Trading, where she runs trades and analysis in the trading room, teaches classes and webinars, and writes. You can also find Danielle regularly in the media, as she is an expert guest on CNBC, Fox News, TraderTV Live, Stockcharts, and more. 

Danielle shares her unique journey into the world of trading, which began unexpectedly when her father introduced her to options trading as a way to support her family after becoming a single mom. Initially planning on law school, Danielle’s path changed when she started teaching English in Costa Rica. However, the birth of her son and the need for financial stability led her to explore other avenues. Skeptical at first, she began learning options trading online while juggling the challenges of single motherhood.

Danielle admits the early years were tough, especially since she didn’t have a strong background in math or science. Instead, she focused on recognizing patterns and applying that skill to technical analysis, which became her breakthrough. Danielle shares the method that allowed her to remove emotions from her trading decisions, making her approach more systematic and disciplined.

Danielle’s story is one of perseverance and determination. For two years, Danielle struggled and even considered giving up, but thanks to the support of her father and mentors, she pushed through and eventually found success. 

Follow Danielle:

Danielle Shay on Five Star Trader: http://www.fivestartrader.com

Danielle on X: https://x.com/traderdanielle

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  • Get Kim’s FREE e-book at traderdiscipline.com.


  • Kim’s FREE 3-minute Trader Check-In resource at TraderCheckIn.com.


  • 📧 SIGN UP for Kim’s “Curtin Call” to receive weekly questions that will inspire you to take a closer look on how you live, work, trade &/or invest: https://thewallstreetcoach.com/curtin-call-social/
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

Podcast: Play in new window | Download (Duration: 30:59 — 42.5MB)

EP 99: One Good Trade with Mike Bellafiore

In this episode of The Wall Street Coach Podcast, we meet Mike Bellafiore, co-founder of SMB Capital, one of the leading proprietary trading firms in the world based in New York City. Mike is also the author of the trading classic books One Good Trade and The Playbook.

Listen as Mike discusses what it takes to become an elite level trader, how SMB Capital teaches its traders, and how you might be able to learn from Mike’s decades of turning aspiring traders into multi-millionaires.

Follow Mike:

SMB Capital: https://smbcap.com/

Mike Bellafiore on X: https://x.com/

Try CenterPoint, commission free for 60 days: https://bit.ly/43LtK9u

📧 SIGN UP for “Curtin Call” to receive Kim’s weekly questions that will inspire you to take a closer look on how you live, work, trade &/or invest: https://thewallstreetcoach.com/curtin-call-social/

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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.comi
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Podcast: Play in new window | Download (Duration: 26:07 — 35.9MB)

EP 98: Trading Mastery: Uncovering Success with Pradeep Bonde

In this episode, veteran trader and Stockbee founder, Pradeep Bonde, does a dive deep into the art of mastering the markets. Pradeep shares his journey from corporate marketing to full-time trading, the secrets behind his signature setups like Episodic Pivots, and the importance of discipline in trading.

Learn how mentorship, creativity, and a regimented process helped him and many others achieve success in the stock market. Whether you’re a novice or seasoned trader, this episode offers valuable lessons in leadership, perseverance, and the importance of building a strong trading community.

 

Follow Pradeep:

Pradeep Bonde (Stockbee): http://www.stockbee.biz/

Pradeep on X: @PradeepBonde

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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.
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Podcast: Play in new window | Download (Duration: 50:07 — 68.8MB)

EP 97: Why Most Traders Fail at Risk Management

In this episode of The Wall Street Coach Podcast, host Kim Ann Curtin welcomes back trading expert Brian Lee to tackle “Common Misconceptions About Risk.” Brian, a seasoned trader, delves into the pervasive myth that to make a lot, one must risk a lot. He emphasizes that risk is an ever-present factor, regardless of a trader’s experience level. Brian explains how improper risk management, such as risking large percentages of one’s account on a single trade, can lead to significant losses that are hard to recover from due to the concept of geometric returns and losses. 

He advocates for consistent position sizing, highlighting that even risking a small percentage like 1% can reliably compound over time without exposing the trader to devastating losses. This episode sheds light on the importance of sticking to a well-thought-out risk management strategy, even during winning streaks, to avoid the pitfalls of overconfidence. Brian also reflects on his own journey, recognizing the critical importance of risk management early in his career, a lesson he shares to help both novice and experienced traders navigate the complexities of trading. This discussion is a must-listen for anyone looking to enhance their trading strategy and safeguard their investments.

Check out another interview with Brian here.

Follow Brian: 

Discord – www.brianleetrades.com/discord

X – @brianleetrades

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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.
 
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Podcast: Play in new window | Download (Duration: 42:52 — 58.9MB)

Ep: 95 Trading Made Simple – Cutting Through the Noise with Chris Lanzilotti

Dive into the world of trading with guest Chris Lanzilotti! This episode is your gateway to mastering the complexities of trading through clear, actionable strategies suitable for traders at every level. Chris, a seasoned trader and dedicated teacher, breaks down the essence of trading simplicity, making it accessible for everyone.

Chris’ unique approach transforms complex concepts into easy-to-understand strategies. He delves into the art of simplifying investments, crucial for both novice and experienced traders, and takes a deep dive into market dynamics and trading psychology–essential elements for any trader’s toolkit!

Discussion on how to adapt trading styles for success explores the importance of emotional intelligence in trading, how personal growth influences trading performance, and how leveraging psychology can boost trading success.

Join us for an information-packed episode and transform your trading approach today!

Follow Chris:
X – @chris_j_lance  
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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.


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Podcast: Play in new window | Download (Duration: 45:27 — 62.5MB)

Ep 94: Bouncing Back from Trading Losses – Lessons from Matt ‘PAX’ Kenah

From Setbacks to Success

In the fast-paced world of trading, success stories often come wrapped in tales of perseverance and resilience. Matt “Pax” Kenah is, a trader whose journey embodies the highs and lows of the financial markets.

In this podcast interview, Pax opens up about his tumultuous path to success. From personal tragedies to professional setbacks, he faced it all with unwavering determination. Despite the challenges, Pax found solace in the lessons learned along the way.

One pivotal moment was his experience during the MF Global crisis in 2011. After significant losses, he was forced to confront his ego and redefine his approach to trading. He shifted his focus from chasing profits to building a solid foundation based on process and risk management.

With the support of his wife and a renewed sense of purpose, Pax embarked on a journey of self-discovery. He started small, trading one and two lots, with a clear goal in mind: to end each day with a positive outcome and to develop a consistent trading process.

Over time, Pax’s disciplined approach paid off. As volatility increased, so did his confidence. By staying true to his principles and prioritizing long-term success over short-term gains, Pax achieved a level of financial stability he once thought impossible.

Looking back, Pax acknowledges the role that adversity played in shaping his success. Without the hardships of the past, he wouldn’t be the trader—or the person—he is today. Through perseverance and resilience, Pax transformed setbacks into stepping stones toward a brighter future.

We can all draw inspiration from Pax’s journey. In a world where uncertainty is constant, it’s not the failures that define us but how we choose to respond to them. If you are ready to embrace challenges as opportunities for growth and emerge stronger on the other side, this episode is for you!

 

Follow Pax –

X – @ThePAXGroup

LinkedIn – The PAX Group

YouTube: @ThePaxGroup

 

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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.

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Ep 93: From IT Professional to Successful Trader

In this episode of The Wall Street Coach Podcast, I had the pleasure of interviewing Stan Ivanov, a senior technology executive turned successful trader. Stan’s journey from Bulgaria to Las Vegas is a fascinating tale of transformation and determination.

Despite experiencing setbacks, including “blowing up” his account multiple times in the early years, Stan remained resilient and committed to mastering the markets. Transitioning from a corporate IT career to full-time trading, Stan’s trading style is heavily influenced by his emotional awareness and problem-solving skills honed in the technology sector. What sets Stan apart is his emphasis on self-awareness, accountability, and integrity in decision-making. For Stan, how he feels about a trade is just as important as what he thinks.

Beyond trading, Stan remains actively involved in the trading community, leveraging his experience to mentor and support aspiring traders. Time is his most valuable currency, and he chooses to invest it in endeavors that have a meaningful impact.

Intrigued to learn more about Stan’s journey and trading philosophy? Tune in to the full podcast episode for invaluable insights and inspiration!

 

Follow Stan – 

Instagram: @stanislavnivanov
X:  @corleoneoffer 

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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

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Podcast: Play in new window | Download (Duration: 21:51 — 30.0MB)

Ep 91: Angry After Trading? Discover This Quick Anger-Release Trick

Transformative Healing: A Journey from Anger to Liberation

In this podcast episode, I had the pleasure of hosting my good friend Dave Shoemaker, the owner of the renowned Ninth Wave Tattoo Shop in Asbury Park, New Jersey. Dave supported me through a very vulnerable and transformative moment in my life which culminated in a cathartic release of anger.

This journey of healing and self-discovery shows the power of unconventional methods in addressing suppressed emotions in a safe and healthy way. 

For traders, navigating the tumultuous waters of financial markets can often leave them grappling with intense emotions, particularly the underexplored aspect of anger. The expression of anger in the trading world is seldom discussed openly, and the pressure to maintain composure can lead traders to suppress these emotions. Acknowledging and addressing the source of anger, whether it stems from market volatility, unexpected losses, or external factors, is crucial. 

Just as I found healing in an unconventional way, traders may find therapeutic release in constructive outlets tailored to their unique experiences. This could involve debriefing sessions, journaling, or even seeking professional guidance to process and channel the anger effectively. Understanding that anger is a natural response to the challenges of trading, and having the tools to navigate it, can contribute to a trader’s overall mental well-being and resilience in the dynamic world of finance.

Join us as we explore the profound impact of expressing and processing emotions, in a physical and symbolic manner, to find relief and balance.


Follow Dave: 

Instagram – @daveshoemaker
Dave’s shop: www.ninthwavetattoo.com

 

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Want to become the hero of your own journey? Check out traderherojourney.com for support, guidance and a community of like-minded traders.

Get Kim’s FREE e-book at traderdiscipline.com

Kim’s FREE 3-minute Trader Check-In resource at TraderCheckIn.com

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

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Podcast: Play in new window | Download (Duration: 38:58 — 53.5MB)

Ep 90: Don’t Let Your Mind Sabotage Your Trading: Master the Mental Game of Trading with Steven Goldstein

Unlocking Trading Success with Steven Goldstein:  The Power of Vulnerability and Purpose

In the fast-paced world of trading, success often hinges on a delicate balance of skills, mindset, and adaptability. As traders, we navigate the unpredictable market terrain, facing both triumphs and challenges. In this podcast episode, we explore the transformative journey of becoming a consistently successful trader, shedding light on the often-overlooked elements of vulnerability and purpose.

Embracing Vulnerability: A Game-Changer in Trading

Imagine a scenario where stress is a constant companion, and success is marked by the ability to navigate through the highs and lows of the market. This is the reality for many traders, and it was no different for one individual who went from being a hesitant trader to achieving sustainable success.

In a candid conversation, Steven Goldstein reflects on the transformation that happened when he embraced vulnerability and sought the guidance of a coach. Trading is inherently stressful, but learning to live with and manage that stress became a game-changer. His journey mirrors the experiences of many in the financial world who grapple with the idea of seeking external help for personal development.

Resistance to help is not uncommon in the finance industry. The perception of needing external support can challenge one’s confidence, which is particularly prevalent among high-performing individuals. However, Steven’s story takes a positive turn as he recounts discovering the power of vulnerability. Acknowledging the need for support, opening up to coaching, and embracing vulnerability became pivotal in his journey toward sustained success. 

Follow Steven:  

On X – @alphamind101

Steven Goldstein is renowned as a top performance coach within the financial market, known for his expertise in guiding individuals involved in trading and investment activities towards enhanced performance and capability. With nearly 25 years of experience in senior trading roles in London’s Rates and FX markets, Steven brings a wealth of insight into the complexities of financial markets and human behavior under risk. He is co-host of The AlphaMind Podcast and his new book, Mastering the Mental Game of Trading, is out now.  

More Good Stuff:

Want to become the hero of your own journey? Check out traderherojourney.com for support, guidance and a community of like-minded traders.

Get Kim’s FREE e-book at traderdiscipline.com

Kim’s FREE 3-minute Trader Check-In resource at TraderCheckIn.com

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

Podcast: Play in new window | Download (Duration: 53:36 — 73.7MB)

Ep 88: Reminiscences of a Day Trader with David S. Hale

Riding the Trading Rollercoaster: Real Talk from David Hale

So, you’ve probably heard all the success stories of traders living the high life. But let’s get real – trading isn’t just about cashing in on big wins. In a recent chat, David S. Hale talks about the not-so-glamorous side of a 23-year career in the industry.

We all go through it – those moments of shame, disappointment, and frustration. David digs deep into the struggles, calling out the stigma around shame that keeps traders from being real about their journey. He’s all about embracing vulnerability, believing it’s the key to letting others know they’re not alone in their struggle.

The conversation gets into the nitty-gritty of why traders find it tough to share their struggles with friends and family. Turns out, losses hit differently in the trading world. It’s not like your regular 9-to-5 where a bad day doesn’t mean your whole life is falling apart.

David doesn’t hold back on the personal stuff, sharing tales of relationship drama and financial hits. He talks about how trading can get toxic and advises traders to build a support system. Lesson learned – don’t go it alone.

One big takeaway? Always have a Plan B. David wishes he had a safety net during the rough times. So, if you’re thinking of diving into trading, stash some savings or have a side hustle ready. It’s like having a financial cushion when the market throws a curveball.

The interview takes on the full-time versus part-time trading debate. David gets it – to be a trading pro requires serious dedication, but he’s not blind to the fact that bills need paying!

Listen in to get David’s perspective on the emotional and practical sides of trading! It’s not just about charts and graphs; it’s about bouncing back from losses, keeping it real, and having a solid plan for when the going gets tough.


Follow David:

X – @CREAMtrader

More Good Stuff:

Want to become the hero of your own journey? Check out traderherojourney.com for support, guidance and a community of like-minded traders.

Get Kim’s FREE e-book at traderdiscipline.com

Kim’s FREE 3-minute Trader Check-In resource at TraderCheckIn.com

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

 

Podcast: Play in new window | Download (Duration: 35:28 — 48.7MB)