158: Phil, @OzarkTrades – Short Hype Stocks, Long Farmland

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 10 February 2018

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Phil Goedeker has been trading stocks for, roughly, 15 years. He started young, in college, made a truckload of money in a short period of time, which then afforded him the luxury of never having to work a “real job.” Admittedly, Phil will tell you, luck was a major factor early on. nulltheless, he’s been abundantly successful since, and has continued trading—now with a strategy, with rules and with an edge. Phil’s way of trading is to short parabolic moves—on low float stocks which have been seriously hyped up, and when he senses golden opportunities, he strikes with real conviction. You’ll hear Phil speak about; his early days and progression, his obsession with cutting losses quickly and going hard on trades which can make a good year a great year. Plus some talk about strategy, timing, setups and why Phil is set on filtering his trading profits into farmland… Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.6	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
0:08.8	taking your trading to the next level?
0:11.0	Trade the Pool is an online stock trading prop firm that funds stock traders.
0:16.3	You show them your skills, trade their capital, and keep your profits.
0:20.8	You can trade any stock or ETF in the US markets.
0:23.5	The process is simple.
0:24.8	Pay for an evaluation fee, pass the evaluation, and get funded.
0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Chat with traders is also brought to you by the Chat with traders' community.
0:39.5	We'll keep this announcement short.
0:41.2	We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.
0:47.5	Thank you, and we wish you all the best in your trading journey.
0:54.1	The market's speculation and risk.
0:56.9	This is the Chat with traders' podcast hosted by Aaron Feifield.
1:02.5	So, what's happening team?
1:04.6	Episode 158.
1:06.6	My name is Aaron Feifield.
1:08.2	Let's get into it.
1:10.0	The trader who you're soon to hear from is Phil Godecker, though some of you may know
1:15.0	him better by his Twitter handle at Ozark Trades.
1:20.6	Charles has been trading stocks for about 15 years.
	...

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