This week, we’ve got yet another crossover episode — this time it’s millionaire trader and TWIST co-host Matthew Monaco.
SteadyTrade hosts Kim Ann Curtin, Stephen Johnson, and Tim Bohen ask Matt some juicy questions.
Odds are if you know penny stock trading, you know Matthew Monaco. He shares the ins and outs of his trades every week on TWIST and in the Small Cap Rockets room. Plus, he helped Tim Sykes create his 30-Day Bootcamp.
Matt says he knew he wanted to be rich from a young age. He remembers taking “Wall Street classes” in high school. But he didn’t know that one day he’d cross $1 million in trading profits.*
This week’s episode dives into Matthew Monaco’s trading journey. Tune in for all the details, plus Matt’s best tips for trading stocks and crypto.
Matthew Monaco Takes Measured Risks
Matt began his quest for success in engineering, thinking he’d go where the money is. That’s a wise thing to do when trading: follow the money.
Bohen gets intense when it comes to the topic of technology and society, and he doesn’t mince words.
Stephen doesn’t hold back either. Tech and trading are both hot topics for these guys. You’ll have to listen to find out where they stand on the path to success.
Matt says meeting successful traders convinced him he could make it too. But it wasn’t an easy journey. He put in years of hard work before striking it big.*
Kim asks Matt about his choices. And Matt shares every step of his journey to millionaire trader status.
Plus, find out how Matt uses his trading know-how in the crypto space. And learn about his newly launched Crypto Rockets course.
Adapt to Change
The stock market constantly changes — and fast. Hot sectors can come and go in a flash.
Matthew Monaco says he sees the same with cryptocurrencies. Traders pile into penny stocks for a while. Then stocks go quiet for a bit.
But traders didn’t stop trading. They moved over to the crypto space.
Matthew watches the flow in both markets to see how they play off each other. And when the stock market closes, he moves to crypto markets. They’re always open and he says it’s the “wild Wild West.”
He shares the step-by-step process he uses to trade crypto, from position sizing to checking on trades.
Matt shares a mind-blowing story of a crypto trade that really took off. He was so impressed he had to take profits during Sunday brunch.
Kim’s intrigued. She’s ready to take Matthew’s course and learn all about the exciting crypto space. And there’s plenty to learn.
Matthew Monaco partners with Kyle Williams. Together, they cover fundamentals, technicals, and everything in between. There’s something for everyone.
Matthew Monaco: Hard Work Pays Off
Opportunities come and go, but hard work always pays off. Matt discusses the odds of an easy break with holding versus active trading.
He says there’s a big difference between holding crypto and trading it. And he shares what’s most important to know for each style.
His work ethic makes Bohen proud. When markets are hot, he’s not content with “catching the next bus.” He wants to catch all the buses!
Stephen laughs in agreement. He knows the feeling. Hot markets get everyone worked up.
But missing a great opportunity can sting for a long time. Kim shares that she met an interesting person who tried to convince her to buy and hold bitcoin 13 years ago!
Bohen’s convinced it was Satoshi Nakamoto — bitcoin’s creator. Kim says his passion impressed her. And Stephen shares some inspiring words about passion and innovation.
This is an action-packed episode full of Matt’s best tips and strategies for trading. Tune in!
What Do You Think?
Can you relate to Matthew Monaco’s trading journey? Curious about trading crypto? We’d love to hear what you think, so drop a comment.
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 YouTube!
Thanks for tuning in to the SteadyTrade podcast. Stay tuned for weekly episodes featuring the hottest topics for aspiring traders.
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Meet Our Hosts and Special Guest Matthew Monaco
Get to know Tim Bohen, Stephen Johnson, and Kim Ann Curtin here.
Follow our hosts and special guest on social media…
Matthew Monaco
Twitter: @mono_trader
Instagram: @matthewvmonaco
Tim Bohen
Twitter: @tbohen
Instagram: @tbohen
Stephen Johnson
Twitter: @Jonk87
Instagram: @stephenjonk87
Kim Ann Curtin
Twitter: @kimanncurtin
Instagram: @kimanncurtin
Disclaimer
*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.