Smarter Trading

Hello everybody, our guest today is Nikki Dunn, a trader, investor, and Certified Financial Planner. Nikki is the creator of She Talks Finance, a financial education platform to help people learn money in a fun and approachable way.

In this episode we talk about Nikki’s framework for picking companies and investing in stocks. She discusses the fundamental criteria she looks for, trading around positions, and the mental side of holding stocks for the long haul. 

We also get into the value that a Certified Financial Planner brings to the table and some of the optimization points active traders should think about like trading in the right account structures, taxes, and a lot more.

Please enjoy this episode with Nikki Dunn.

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This episode is sponsored by Investor’s Business Daily. IBD has helped investors navigate every market cycle with their time-tested methodology for over 35 years. Right now Smarter Trading podcast listeners can get their first 2 months of IBD Digital, a subscription service that gives you access to IBD’s proprietary market analysis and top trade ideas for only $20 by signing up at investors.com/evan. 

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What you'll learn in this episode

0:00 Introduction
3:00 Nikki’s background & evolution from day trader to fundamental investor
8:50 How Nikki interprets the macro environment
11:21 Fundamental research and the factors to consider
17:38 Portfolio construction, trade management & average hold time
24:13 Mental side of trading and holding onto trades for the long haul
29:35 The importance of a Certified Financial Planner
32:40 Who should be actively or passively investing their money
35:58 CFP tips: trader tax status, account structures, and IRAs
44:15 Buying short squeezes & starting as a long-term investor
46:45 How to optimize the mental side of trading

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Connect with Evan & Trade Risk

Browse the entire Smarter Trading podcast catalog 

Watch this episode in video on our YouTube channel

Follow @evanmedeiros on Twitter

Follow @TheTradeRisk on Twitter

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If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Hello everybody, our guest today is Brian Shannon of Alphatrends.net. Brian started his professional investing career in 1991 as a retail stock broker and then quickly moved on to follow his true passion of trading, in 1994, which he continues to do full-time to this day.

Brian holds a CMT designation and is the author of the classic trading book: Technical Analysis Using Multiple Timeframes.

In this episode Brian reveals all of the details of his swing trading framework which he’s been perfecting for decades. He shares how he uses multiple time-frames, how he gets precise entries, and manages risk.

We then move on to talk about VWAP, common pitfalls he sees traders make, how he sets himself up to anticipate the market, staying objective, and a whole lot more. 

Brian is literally a fountain of wisdom throughout this entire episode sharing quote after quote of trading truths and lessons. 

Please enjoy this episode with Brian Shannon. 

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This episode is sponsored by Investor’s Business Daily. IBD has helped investors navigate every market cycle with their time-tested methodology for over 35 years. Right now Smarter Trading podcast listeners can get their first 2 months of IBD Digital, a subscription service that gives you access to IBD’s proprietary market analysis and top trade ideas for only $20 by signing up at investors.com/evan. 

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What you’ll learn in this episode

0:00 Introduction
4:10 Brian Shannon's early education and inspirations
9:15 Only price pays & why technicals and trend are so important
13:10 Brian's Swing trading framework
18:32 Anchored VWAP (volume weighted average price)
24:55 Impact of broad market SPY & QQQ influence
30:55 How Brian finds and selects trade opportunities
39:55 Trading other strategies and timeframes
43:10 Bad trading days and when things aren't going well
46:55 Common mistakes traders run into
49:20 "Buy the dip" & "this time is different"
52:58 Brian's new book and parting advice to traders

-----

Connect with Evan & Trade Risk

Browse the entire Smarter Trading podcast catalog 

Watch this episode in video on our YouTube channel

Follow @evanmedeiros on Twitter

Follow @TheTradeRisk on Twitter

Join the Trade Risk's weekly newsletter

-----

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Season 2 of the Smarter Trading Podcast is on its way and will be live on Monday, September 13th. We're excited to get to know our guests and for them to share their knowledge about trading the stock market.

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Every single strategy has pluses (strengths) and minuses (weaknesses). There's no one strategy that's all pluses. Being able to trade multiple strategies will make sure you're never at a complete loss. Please enjoy this clip from Episode #8 of Smarter Trading with David Settle.

Learn more & connect with David

 Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

When should a trader call it quits? That applies for when things are going well and when things aren't working out as intended. Hear Brian Lund give his perspective in this clip from Episode 7 of Smarter Trading.

Learn more & connect with Brian

 Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Want to minimize your mistakes? Worry less about your returns and focus more on your trading process. Please enjoy this clip with Gregory Krupinski from Episode 6 of Smarter Trading.

Learn more & connect with Gregory

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

"The mechanics of trading are actually pretty easy, but it's your own brain that conspires against you to make it much harder than it needs to be" — Sean McLaughlin. Please enjoy this clip from Episode 5 of Smarter Trading.

Learn more & connect with Sean

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Looking for greater reward and bigger profits out of the market? Not a problem, but you have to be willing to take on some more risk. Hear Anne-Marie Baiynd give her thoughts on balancing risk and reward in this clip from Episode 4 of Smarter Trading.

Learn more & connect with Anne-Marie

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

TuringTrader's Felix Bertram shares the benefits of backtesting strategies for discretionary traders and some tips on learning how to code. Please enjoy this clip from Episode 3 of Smarter Trading.

Learn more & connect with Felix

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!

Suri Duddella shares his thoughts on day trading chart patterns and why there are some technical advantages to trading intraday time-frames. Please enjoy this clip from Episode 2 of Smarter Trading.

Learn more & connect with Suri

Learn more & connect with Evan & the Trade Risk

If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests.

Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast.

Thanks for listening!