Marina Kuperman Villatoro is the founder and creator of TheTraderChick. She is an expat mama, born in the Soviet Union, raised in the US.
At the age of 27 she put on a backpack and took off for a ‘gap year’ from NYC. She headed south with no real plan, but while in Mexico her love for learning Spanish grew and she was told that in Guatemala she can take the cheapest private classes in the world. There she met her husband Frederico with whom she’s had two sons and they enjoy rock climbing, traveling and other cool stuff.
Watch it here on YouTube ---> https://youtu.be/o5jDHswnxwA
Show Notes
- Marina's journey from being born in the Soviet Union to her gap year in Mexico, where she discovered her love for learning Spanish.
- How Marina ended up in Guatemala, met her husband Federico, and became involved in travel blogging and planning.
- Marina's transition from the travel planning business to day trading as she approached her 40th birthday.
- Her initial struggles and losses in day trading and the decision to take a break.
- The importance of simplifying day trading and focusing on the basics, including trading terminology.
- The lack of barriers to entry in the financial markets and the ease with which individuals can start trading, even with minimal funds.
- The role of brokers and platforms in catering to inexperienced traders.
- Marina's realization that trading involves its own unique language, both in terminology and chart patterns.
- How Marina's experience as a trilingual individual helped her recognize and understand the language of trading.
- The importance of confidence building in trading and how small, consistent profits can contribute to this.
- Marina's journey into scalping and her interaction with a group of experienced traders on Facebook.
- The challenges of trading being a solitary activity and the need for support and community.
- The transition from sharing trading experiences on Facebook to teaching others about trading.
- Marina's recommendations for beginners, including understanding what type of trading they want to pursue, mastering trading vocabulary, and starting in simulation mode.
- The misconception of needing to trade with real money right away and the importance of practicing in simulation.
- Common beginner mistakes, such as not using stop-loss orders, having no profit targets, and overtrading.
This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence.
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