{"id":3327,"date":"2021-05-11T07:16:58","date_gmt":"2021-05-11T14:16:58","guid":{"rendered":"https:\/\/www.steadytrade.com\/?p=3327"},"modified":"2021-05-18T12:11:43","modified_gmt":"2021-05-18T19:11:43","slug":"episode-199-journey-to-full-time-trader","status":"publish","type":"post","link":"https:\/\/www.steadytrade.com\/episode-199-journey-to-full-time-trader\/","title":{"rendered":"Episode 199: Stephen Johnson Dishes ALL About His Journey to Full-Time Trader"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm?e=STT4122476057\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Every trader dreams of making it to full-time trader status. Each one has different ideas about what they\u2019d do with the money. But most want the freedom and flexibility of <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-192-how-to-build-trading-discipline\/\"><span style=\"font-weight: 400;\">trading for a living<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Is it within any trader\u2019s reach? Do traders who get to this milestone have special superpowers? Or is there a proven set of repeatable strategies they dedicate themselves to?<\/span><\/p>\n<p><b>In this week\u2019s SteadyTrade podcast, hosts Kim Ann Curtin and Stephen Johnson take an in-depth look at Stephen\u2019s journey to becoming a full-time trader.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Spoiler alert: it wasn\u2019t easy. And there were many roadblocks along the way. A lot of them came from Stephen himself.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And nobody knows them better than Kim. She\u2019s coached him through many <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-191-the-psychology-of-losing-trades\/\"><span style=\"font-weight: 400;\">ups and downs<\/span><\/a><span style=\"font-weight: 400;\"> and offered him new encouraging perspectives along the way.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This week\u2019s episode peels back the curtain on Stephen\u2019s biggest struggles and standout successes. Check it out and maybe you\u2019ll learn a thing or two.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Are You Ready for Full-Time Trader Status?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Ask the average trader if they\u2019re ready to trade full-time and chances are you\u2019ll get a resounding yes. But that answer is probably based on emotions alone.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen thinks there are more pieces to the pie. One slice is how much you desire something. But desire alone won\u2019t get you there, even if it comes with drive.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He says <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-194-trading-ambition-millionaire-trader-mariana\/\"><span style=\"font-weight: 400;\">ambition<\/span><\/a><span style=\"font-weight: 400;\"> needs to be rounded out. Stephen wants to know: \u201cAre you ready spiritually, physically, mentally, circumstantially, and financially?\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What do all these buckets of readiness mean to the average retail trader? And how full do they have to be before you become a full-time trader?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kim says the book \u201c<\/span><a href=\"https:\/\/amzn.to\/3en4KgI\"><span style=\"font-weight: 400;\">You Are What You Risk: The New Art and Science of Navigating an Uncertain World<\/span><\/a><span style=\"font-weight: 400;\">\u201d by Michele Wucker opened her eyes to the fact that everyone has a different \u201crisk fingerprint.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Risk isn\u2019t a one-size-fits-all measurement. And neither is readiness. Trading will impact your emotions and your mindset.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You will meet gremlins that challenge your sense of safety and self-esteem. And the strategies you come up with to overcome those challenges are every bit as important as the strategies you choose to trade stocks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Listen to today\u2019s episode for the best ways to overcome hurdles on your way to trading success.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">(As an Amazon Associate, we earn from qualifying purchases.)<\/span><\/i><\/p>\n<h2><span style=\"font-weight: 400;\">Do You Have a Safety Net?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Everyone needs a different level of <\/span><a href=\"https:\/\/www.steadytrade.com\/kim-ann-curtin-makes-her-first-trade-lessons-for-newbie-traders\/\"><span style=\"font-weight: 400;\">safety<\/span><\/a><span style=\"font-weight: 400;\"> before they\u2019re willing to take on greater risk.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some traders think they need less only to find out they need more. Others might start cautious and realize they\u2019re doing OK and it\u2019s time to size up their trades.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen says there are all kinds of pointers out there. <\/span><a href=\"https:\/\/www.steadytrade.com\/trading-syke-ology-with-tim-sykes\/\"><span style=\"font-weight: 400;\">Tim Sykes<\/span><\/a><span style=\"font-weight: 400;\"> once told him you should have $50,000 in trading profits before you choose to trade full-time. If you have a family, increase that amount to $100,000 in trading profits.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There\u2019s also the measure of time. How much screen time is ideal before you transition to being a full-time trader? Stephen shares a reasonable benchmark on the podcast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Everyone starts with a different <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-195-how-jack-kellogg-breakout-success\/\"><span style=\"font-weight: 400;\">foundation<\/span><\/a><span style=\"font-weight: 400;\">. Some traders have help from their parents or an inheritance. Others have to hustle and work hard to build up their trading accounts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen didn\u2019t have outside help. He bounced between full-time work and freelance work for a while before he made the decisive leap. There were a few signs that showed him it was time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Listen as Stephen lays out the three stages traders go through before trading full-time.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Are You Ready for Change?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s important to know why you want to trade full-time. It\u2019s a decision that takes mental maturity, something Stephen admits to struggling with along the way.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you don\u2019t know why you want something, you might change your mind about it when the circumstances change.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do you trade because it feels good? The thrills and excitement can boost your serotonin for a while. But after enough losses, your <\/span><a href=\"https:\/\/www.steadytrade.com\/stephens-emotional-blowup\/\"><span style=\"font-weight: 400;\">mood<\/span><\/a><span style=\"font-weight: 400;\"> will come crashing down with your trading account.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You have to know your why. And if your why isn\u2019t coming from a healthy place, you have to guide it there.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen shares the only reason you should ever be in a trade if you want to be a consistently profitable trader.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kim is impressed with his <\/span><a href=\"https:\/\/www.steadytrade.com\/episode-198-level-up-your-trading-game-with-these-5-key-lessons\/\"><span style=\"font-weight: 400;\">hard-won lessons<\/span><\/a><span style=\"font-weight: 400;\">. And she pushes him to reveal all the steps on his journey to becoming a full-time trader. Which one finally made everything click for him?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When he started doing this one thing, his trading game changed for good. Hear all the juicy tips and life lessons these two get into in this week\u2019s episode.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Do You Think?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Are you eager to become a full-time trader? Do you have a plan to get there? How would trading full-time change your life? 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\"><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\"><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\/\"><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\u2026<\/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\"><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\/\"><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\"><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\"><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\/\"><span style=\"font-weight: 400;\">@kimanncurtin<\/span><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Disclaimer<\/span><\/h3>\n<p><i><span style=\"font-weight: 400;\">*Please note that any reported trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every trader dreams of making it to full-time trader status. Each one has different ideas about what they\u2019d do with the money. But most want the freedom and flexibility of trading for a living. Is it within any trader\u2019s reach? Do traders who get to this milestone have special superpowers? Or is there a proven [&hellip;]<\/p>\n","protected":false},"author":2283,"featured_media":3329,"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 199: Stephen Johnson Dishes ALL About His Journey to Full-Time Trader - SteadyTrade.com<\/title>\n<meta name=\"description\" content=\"This week in SteadyTrade Kim Ann Curtin and Stephen Johnson take an in-depth look at Stephen\u2019s journey to becoming a full-time trader.\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\/episode-199-journey-to-full-time-trader\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Episode 199: Stephen Johnson Dishes ALL About His Journey to Full-Time Trader - 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