{"id":2651,"date":"2020-02-18T09:00:13","date_gmt":"2020-02-18T17:00:13","guid":{"rendered":"https:\/\/www.steadytrade.com\/?p=2651"},"modified":"2020-02-18T12:07:07","modified_gmt":"2020-02-18T20:07:07","slug":"james-altucher","status":"publish","type":"post","link":"https:\/\/www.steadytrade.com\/james-altucher\/","title":{"rendered":"Ep 135: How to Choose Yourself With James Altucher"},"content":{"rendered":"<div id=\"backtracks-player\" style=\"max-width: 100%;\" data-bt-embed=\"https:\/\/player.backtracks.fm\/st\/steadytrade-com\/m\/ep-135-how-to-choose-yourself-with-james-altucher\" data-bt-theme=\"dark\" data-bt-show-description=\"false\" data-bt-show-comments=\"false\" data-bt-show-art-cover=\"true\"><\/div>\n<p><script>(function(p,l,a,y,e,r,s){if(p[y]) return;if(p[e]) return p[e]();s=l.createElement(a);l.head.appendChild((s.async=p[y]=true,s.src=r,s))}(window,document,\"script\",\"__btL\",\"__btR\",\"https:\/\/player.backtracks.fm\/embedder.js\"))<\/script><\/p>\n<p><span style=\"font-weight: 400;\">Gang, this is a very big deal&#8230;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, SteadyTrade is proud to host a guest we\u2019ve been looking forward to having forever (or at least officially since <\/span><a href=\"https:\/\/www.steadytrade.com\/sympathy-plays\/\"><span style=\"font-weight: 400;\">Episode 130<\/span><\/a><span style=\"font-weight: 400;\">)&#8230;\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">James Altucher!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case you don\u2019t know, James is an inspiring entrepreneur, investor, and wildly popular <\/span><a href=\"https:\/\/jamesaltucher.com\/podcasts\/\"><span style=\"font-weight: 400;\">podcaster<\/span><\/a><span style=\"font-weight: 400;\">. He\u2019s the author of the bestselling book \u201c<\/span><a href=\"https:\/\/amzn.to\/3bGwSrt\"><span style=\"font-weight: 400;\">Choose Yourself! Be Happy, Make Millions, Live the Dream<\/span><\/a><span style=\"font-weight: 400;\">.\u201d He\u2019s also a stand-up comedian, chess master, and has great hair.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He\u2019s also brutally honest, and he\u2019s had plenty of failure along with his successes. According to <\/span><a href=\"https:\/\/jamesaltucher.com\"><span style=\"font-weight: 400;\">his website<\/span><\/a><span style=\"font-weight: 400;\">, he says, \u201cI\u2019ve started 20 companies, 17 of which have failed. But I\u2019ve learned a lot along the way.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a mega-inspiring outlook and no-BS demeanor, James is truly a force to be reckoned with. Don\u2019t miss this episode \u2014 he\u2019s bound to become your new spirit animal.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">[As an Amazon Associate, we earn from qualifying purchases.]<\/span><\/i><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Why Kim and Tim Love James Altucher<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Spoiler: you\u2019re gonna have to listen through a massive love-fest at the beginning of the episode.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">James reveals that his work is sometimes controversial \u2014 he\u2019s even received death threats. But our hosts Tim Bohen and Kim Ann Curtin beam nothing but love to James.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You may not know this, but James and penny stock celeb (and Tim Bohen\u2019s mentor) Tim Sykes go way back. Through this connection, SteadyTrade host Tim met James several years ago at a trading conference.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn how, without even knowing it, James gave Tim some life-changing advice that led him to where he is now!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kim also shares her James Altucher origin story \u2026 Tune in to learn why his work has been so important to both hosts and how he\u2019s inspired their trading and life journeys.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">\u201cLife Gets Good When You Use Your Inner Compass\u201d\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You already know that success doesn\u2019t happen overnight, right?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But there\u2019s more to it than just hard work and diligence. It\u2019s also important to be on a path that\u2019s aligned with what you really want out of life.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re constantly fighting what you want out of life, you\u2019ll never get ahead. The hosts and James discuss the importance of using your inner compass \u2026 And how to work to make amazing things happen!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What do you want out of life? Whether it\u2019s day trading success, becoming a stand-up comedian, or something else entirely, this conversation is bound to inspire you.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Finding Success in Trading<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">James doesn\u2019t day trade anymore, but he did for a long time. And he has plenty to say about it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance? Whether you\u2019re short-term day trading or long-term investing, you gotta build knowledge. You have to understand how companies and the market work before anything else.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How can you possibly have an opinion before you actually understand how the system works? How could you decide whether investing, options trading, or day trading on trends is better?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn why it\u2019s so important to know what you\u2019re doing. You should read every book, listen to every podcast, and listen to the counterpoints. Don\u2019t just pick sources that agree with you. Learn all sides of the argument.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As for finding your edge? Don\u2019t miss James\u2019 sage advice on finding yours. Check the episode for how you can adopt the habits of the most successful traders.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The Psychology of Trading\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Let\u2019s talk money! James talks about an optimal approach to trading&#8230;\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cDay trade as little as possible to get the returns that are satisfactory to you.\u201d\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Along with Tim and Kim, he talks about figuring out how much to spend that still lets you sleep at night \u2026 He\u2019s not just saying it either. Find out how he personally does this with his current strategy as a long-term investor.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll also learn about the importance of diversification \u2026 It\u2019s not just for trading strategies. It\u2019s also in terms of what you do. For instance, could trading actually work better as a side hustle for you?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn what a \u201ctalent stack\u201d is and how to start developing yours!\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Lean Into the Fear<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Say you see a door. On the other side of that door is success &#8230; But there&#8217;s a skull and crossbones on it. So you think, <\/span><i><span style=\"font-weight: 400;\">\u201cOh, I won\u2019t open that door.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">But what if you lean into that door? What if you lean into the fear? How could you MAXIMIZE your fear and find opportunities?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You won\u2019t want to miss this frank and inspiring discussion about the importance of embracing scary situations. Why? Because as James says, \u201ca healthy amount of fear leads to success.\u201d<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Love This Episode?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">What\u2019s on your mind? Want to write James Altucher or our hosts a love note? Bring it on!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have questions or comments, please send a line. Remember: if your question is chosen as an on-air topic, you could win a SteadyTrade mystery gift box. Leave a comment below or on <\/span><a href=\"https:\/\/www.youtube.com\/channel\/UC5pPaJfbfRHQ1msJ4bSj_dQ\"><span style=\"font-weight: 400;\">YouTube<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks for tuning in to the SteadyTrade podcast. Stay tuned for weekly episodes featuring the hottest topics for aspiring traders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Love this episode? Please leave a review on <\/span><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/steady-trade-the-profitable-side-of-trading\/id1275946076?mt=2\"><span style=\"font-weight: 400;\">iTunes<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gang, this is a very big deal&#8230; Today, SteadyTrade is proud to host a guest we\u2019ve been looking forward to having forever (or at least officially since Episode 130)&#8230;\u00a0 James Altucher!\u00a0 In case you don\u2019t know, James is an inspiring entrepreneur, investor, and wildly popular podcaster. He\u2019s the author of the bestselling book \u201cChoose Yourself! [&hellip;]<\/p>\n","protected":false},"author":2283,"featured_media":2653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ep 135: How to Choose Yourself With James Altucher - SteadyTrade.com<\/title>\n<meta name=\"description\" content=\"Today, SteadyTrade is proud to host a guest we\u2019ve been looking forward to having forever (or at least officially since Episode 130)...\u00a0James Altucher!\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.steadytrade.com\/james-altucher\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ep 135: How to Choose Yourself With James Altucher - 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