The Inner Circle Trader Twitter Spaces Archive Advice For The Son Who Trades - July 30th, 2023
Jul 30, 2023
This podcast provides advice to a son who trades, discussing topics such as building a trading foundation, financial stability and independence, buying property, transparency and accountability in trading, controlling exposure to risk, importance of money management, taking action and making changes, utilizing study time, trading in different markets, a transformative experience with a commodity trading book, and overcoming challenges in trading.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Introduction
00:00 • 3min
Building a Trading Foundation: Challenges and Insights
02:54 • 20min
Financial Stability and Independence
23:13 • 9min
Planning for the Future: Buying Property and Ensuring Financial Independence
32:32 • 4min
Navigating the Cost of Purchasing a Property
36:51 • 19min
Transparency and Accountability in Trading
56:11 • 9min
Financial Responsibilities and Habits of an 18-Year-Old
01:05:25 • 6min
The Importance of Long-Term Commitment
01:11:55 • 24min
Understanding Short Selling Through the Pokémon Card Analogy
01:36:09 • 2min
Controlling Exposure to Risk
01:38:10 • 19min
Importance of Money Management and Starting with a Small Account
01:57:14 • 18min
Taking Action and Making Changes
02:14:52 • 6min
Utilizing Opportunities and Maximizing Study Time
02:20:54 • 2min
Trading in Different Markets
02:22:43 • 20min
A Transformative Experience with a Commodity Trading Book
02:42:19 • 2min
The Value and Temptation of Knowledge and Skills
02:44:08 • 7min
Overcoming Challenges in Trading
02:51:17 • 11min