{"id":3231,"date":"2021-03-09T08:34:37","date_gmt":"2021-03-09T16:34:37","guid":{"rendered":"https:\/\/www.steadytrade.com\/?p=3231"},"modified":"2021-03-09T08:48:50","modified_gmt":"2021-03-09T16:48:50","slug":"kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders","status":"publish","type":"post","link":"https:\/\/www.steadytrade.com\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/","title":{"rendered":"Episode 190: Kim Ann Curtin Makes Her First Trade + Lessons for Newbie Traders"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm?e=STT3565712659\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Today hosts Tim Bohen and Stephen Johnson celebrate Kim Ann Curtin\u2019s first trade! Newbie traders rejoice \u2014 you have one more on the team! And her first time was one for the books.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Everyone\u2019s chasing after tendies these days \u2026 but are there enough to go around? <\/span><a href=\"https:\/\/www.cnbc.com\/2020\/12\/22\/goldman-sachs-once-reserved-for-the-rich-is-close-to-offering-wealth-management-for-the-masses.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Goldman Sachs<\/span><\/a><span style=\"font-weight: 400;\"> seems to think so. Even they\u2019re chasing after retail traders these days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There\u2019s never been a better time to get started in the markets. So how did Kim\u2019s first trade go? And how can newbie traders find an edge before wrecking their accounts?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Find out on this week\u2019s SteadyTrade podcast.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Kim Officially Joins the Newbie Traders!<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s never easy to be the <\/span><a href=\"https:\/\/www.steadytrade.com\/pattern-day-trader-rule\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">new kid on the block<\/span><\/a><span style=\"font-weight: 400;\">. And the stock market\u2019s no small block. Millions of stay-at-home folks have taken to trading as a <\/span><a href=\"https:\/\/www.steadytrade.com\/ep-146-essential-day-trading-variables-part-3-hot-sectors\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">side hustle<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Can trading pay off for newbie traders or is it just a way to pass the time? Either way, it can fill your laptop full of octane!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That intensity is what pushed Kim into her first trade. And she chose a sizzling hot sector to start with.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She reports her trade was hot, hot, hot. She patiently watched it as an overnight swing &#8230; But did she sell just in the nick of time? Tune in to hear the full details from Kim.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One thing\u2019s certainly clear \u2026 Timing\u2019s everything in trading. And it doesn\u2019t always work in our favor.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen knows. He\u2019s got years in the game, but sometimes the excitement of a trade gets the better of him. Especially when things have been quiet for a while. The plan to stay disciplined can lose out to the need for adrenaline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen says, \u201cEveryone <\/span><a href=\"https:\/\/www.steadytrade.com\/ep-153-airplane-jane\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">has a plan<\/span><\/a><span style=\"font-weight: 400;\"> until they punch you in the face.\u201d They would be everyone on the other side of your trade&#8230;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders can mentor each other. You chit-chat over your best tips and tricks, but ultimately, it\u2019s you and your screen against everyone else.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He shares a recent loss that almost took him down. So what were the consequences? Stephen bares all the emotions and thoughts behind his risky trade. More importantly for newbie traders, he shares what he learned from it.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Do Emotions Matter in the Markets?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Some traders say it\u2019s best to ignore your <\/span><a href=\"https:\/\/www.steadytrade.com\/watchlists-accounts-emotions\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">emotions<\/span><\/a><span style=\"font-weight: 400;\">. But if you ignore them completely, they\u2019re more likely to sneak up on you.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So what\u2019s a <\/span><a href=\"https:\/\/www.steadytrade.com\/ep-166-the-ultimate-study-guide-for-traders\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">newbie trader<\/span><\/a><span style=\"font-weight: 400;\"> to do? You have to learn to see your emotions clearly. If you\u2019re feeling greedy, acknowledge that. Angry and in the mood for revenge? Acknowledge that and call yourself out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can\u2019t change something until you admit it\u2019s there. Once you recognize the emotion you\u2019re feeling, you can CHOOSE not to act on it. That\u2019s how you <\/span><a href=\"https:\/\/www.steadytrade.com\/trading-with-egos-and-gremlins-wallstreet-coach-kim-ann-curtin\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">conquer your gremlins<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And it\u2019s not a one-and-done deal. The longer you trade, the more you\u2019ll learn about how your mind works. Whether you\u2019re a newbie trader or an expert, your mind will find a way to throw you a curveball.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the end of the day, it\u2019s not you against other traders &#8230; It\u2019s you against you!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After years of <\/span><a href=\"https:\/\/www.thewallstreetcoach.com\/kim-ann-curtin\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">coaching professional traders<\/span><\/a><span style=\"font-weight: 400;\">, Kim\u2019s full of knowledge and ready to take the trading plunge. She wants to put \u201cskin in the game.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And as for her first-ever live trade \u2026 Kim reports she had to overcome a huge temptation to steer her first trade in the right direction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Find out what she did to make Bohen proud. Will she jump back in for round two?<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Focus on Your Own Game<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">We learn best from other pros. There\u2019s nothing like wisdom from a mentor who\u2019s been in the game a long time and wants to help you find your way.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But sometimes, time spent online can mean exposure to traders who brag more than they help. Those traders only post their wins. They don\u2019t admit to their losses or the challenges along the way.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Plus, if they\u2019ve been at it a while, chances are they have bigger accounts than most newbie traders. The pressure to succeed can work for or against you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you compare your trades to pros, you might feel like you need to take <\/span><a href=\"https:\/\/www.steadytrade.com\/bad-trading-habits-to-ditch-in-2021\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">bigger risks<\/span><\/a><span style=\"font-weight: 400;\"> to catch up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But as Bohen likes to remind us, success is a long game. And you have to start where you are.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key is to acknowledge what you want. If you want to be in a pro trader\u2019s shoes someday, it&#8217;s OK to admit that. But then you must accept that it takes a lot of hard work, <\/span><a href=\"https:\/\/www.steadytrade.com\/papa-john-the-art-of-passion-and-discipline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">discipline<\/span><\/a><span style=\"font-weight: 400;\">, and concentration to get there.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nothing happens overnight. It\u2019s great to let friendly competition motivate you to do better. But once you know what you want, focus on your own game.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Do You Think?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Do newbie traders have a fair chance against the <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-179-former-market-maker\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">big guys<\/span><\/a><span style=\"font-weight: 400;\">? What does it take to outsmart the \u201ctutes?\u201d We\u2019d love to hear what you think, so drop a comment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Remember: if we select your question or comment 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\/user\/stockstotrade\" target=\"_blank\" rel=\"noopener noreferrer\"><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><b>Into this episode? Please leave a review on <\/b><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/steady-trade-the-profitable-side-of-trading\/id1275946076?mt=2\" target=\"_blank\" rel=\"noopener noreferrer\"><b>iTunes<\/b><\/a><b>.<\/b><\/p>\n<h3><span style=\"font-weight: 400;\">Meet Our Hosts<\/span><\/h3>\n<p><a href=\"https:\/\/www.steadytrade.com\/about\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Get to know Tim Bohen, Stephen Johnson, and Kim Ann Curtin here.<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Follow our hosts on social media&#8230;<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Tim Bohen<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Twitter: <\/span><a href=\"https:\/\/twitter.com\/tbohen\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">@tbohen<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Instagram: <\/span><a href=\"https:\/\/www.instagram.com\/tbohen\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">@tbohen<\/span><\/a><\/p>\n<h4><span style=\"font-weight: 400;\">Stephen Johnson<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Twitter: <\/span><a href=\"https:\/\/twitter.com\/Jonk87\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">@Jonk87<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Instagram: <\/span><a href=\"https:\/\/www.instagram.com\/stephenjonk87\/?hl=en\"><span style=\"font-weight: 400;\">@stephenjonk87<\/span><\/a><\/p>\n<h4><span style=\"font-weight: 400;\">Kim Ann Curtin<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Twitter: <\/span><a href=\"https:\/\/twitter.com\/kimanncurtin\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">@kimanncurtin<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Instagram: <\/span><a href=\"https:\/\/www.instagram.com\/kimanncurtin\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">@kimanncurtin<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today hosts Tim Bohen and Stephen Johnson celebrate Kim Ann Curtin\u2019s first trade! Newbie traders rejoice \u2014 you have one more on the team! And her first time was one for the books.\u00a0 Everyone\u2019s chasing after tendies these days \u2026 but are there enough to go around? Goldman Sachs seems to think so. Even they\u2019re [&hellip;]<\/p>\n","protected":false},"author":2283,"featured_media":3232,"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":[30,19,18],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Episode 190: Kim Ann Curtin Makes Her First Trade + Lessons for Newbie Traders - SteadyTrade.com<\/title>\n<meta name=\"description\" content=\"How can newbie traders find an edge before wrecking their accounts?\u00a0SteadyTrade hosts discuss it on today&#039;s episode- don&#039;t miss it!\" \/>\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\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Episode 190: Kim Ann Curtin Makes Her First Trade + Lessons for Newbie Traders - SteadyTrade.com\" \/>\n<meta property=\"og:description\" content=\"How can newbie traders find an edge before wrecking their accounts?\u00a0SteadyTrade hosts discuss it on today&#039;s episode- don&#039;t miss it!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.steadytrade.com\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/\" \/>\n<meta property=\"og:site_name\" content=\"SteadyTrade.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-09T16:34:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-09T16:48:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.steadytrade.com\/wp-content\/uploads\/2021\/03\/STT-white_190_blog.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"721\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SteadyTrade\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SteadyTrade\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.steadytrade.com\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/\",\"url\":\"https:\/\/www.steadytrade.com\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/\",\"name\":\"Episode 190: Kim Ann Curtin Makes Her First Trade + Lessons for Newbie Traders - 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