Trading Justice

In episode 477 of the Trading Justice pod the boys welcome in Travis Corcoran author of Restoring Reason to discuss critical thinking as well the importance of self taught education.

Before that, Mark and Matt take a journey through the market skyline and discuss sector rotation at the bottom of markets, things to look for in bottoming conditions and debate the value question.

Market Skyline 0:45

Feature: 1:05:20

In this edition of the Podcast, Matt welcomes Pete Thomas of Zaner Precious Metals to the show to discuss all things precious metals.Why is gold not catching a bid? is there a buying opportunity coming in at the lows? Pete and Matt answer these questions and more in episode 476!

1:30 Market Skyline

39:10 Pete Thomas

 

Pearl Li is a stock and options trader who started her career in 2016 after working as a product manager in corporate America with Amazon and Nielsen Company. Listen in as Pearl describes starting out in her education, struggling as a beginner, but pushing forward because of her deep why and drive to succeed. Pearl discusses the psychology of successful trading, leaving corporate jobs, succeeding as an entrepreneur as a woman, and the emotions of money.

Market Skyline 1:45

Feature: 49:45

David Keller is a Chartered Market Technician (CMT), Chief Market Strategies at StockCharts.com, subject matter expert on investing, trading, and financial markets. A few of David’s areas of focus are mindfulness, behavioral finance, and technical analysis. Listen to David sit down with Coach Tim Justice to talk about current market conditions, daily routines, proper mindset, the most common mistakes beginner traders make, and the first trading book he’d recommend for any new student of the markets.

Quotes from David’s interview:
‘A consistent imperfect routine is better than an inconsistent perfect routine.’
‘Successful traders are less about home runs and more about streaks’

1:00 Market Skyline

43:45 David Keller

Kenny Polcari is a Managing Partner of Kace Capital Advisors, Senior Market Strategist of Slatestone Wealth, and a frequent media contributor across many platforms. Listen in to hear Kenny talk about his history on the New York Stock Exchange, the beginning of the 40-year bull market in 1982 when Paul Volker lowered interest rates, the crash of 1987, and more insight and wisdom from him. Kenny also is an advocate for the Headstrong Project, a non-profit providing free mental-health treatment for veterans with PTSD.

1:40 Market Skyline

40:40 Kenny Polcari

In this episode of the podcast Matt and Mark discuss the important and being data driven as a trader and they discuss the 7 steps to trading.

• Start at the Top of the Market
• Select Strategy
• Find a Trade
• Plan the Trade
• Place the Trade
• Manage the Trade
• Journal the Trade

2:00 Market Skyline

42:40 7 STEPs to Trading

In this episode of the podcast Matt brings on Tyler Craig from Tackle Trading to discuss why implied volatility matters to options traders.

There are the six inputs to the pricing model:

• Stock price
• Strike price
• Time to expiration
• Volatility
• Dividends
• Interest Rates

Five of the six variables are known. The sixth is unknown. It is an educated guess or estimate, usually based on past performance. Can you guess which one it is?

The answer is volatility.

1:40 Market Skyline

28:50 Implied Volatility

In this episode of the podcast Matt & Mark discuss the importance of moving averages in the feature presentation. Before that, they break down the markets in the skyline including thoughts on the upcoming fed minutes.

1. What are moving averages?
2. Why are the important?
3. How do traders use moving averages?

1:00 Market Skyline

57:30 Moving Averages

In this episode, Matt brings on Greg Holmes and Tyler Craig from Tackle Trading on to discuss the current market recovery, commodities and have a great conversation on stop loss placement and philosophy for different types of traders.

1:20 Market Skyline

30:35 Stop Loss Placement

In this episode, Matt, Mark and Greg Holmes from Tackle Trading discuss the latest market news in the market skyline before discussing three fundamental techniques in assessing value.

1. P/E Ratio

2. Book Value

3. Free Cash Flow

1:45 Market Skyline

42:25 Finding Value