00:00 (upbeat music)
00:02 Martha, thank you so much for joining us.
00:06 - I'm delighted to be here, thank you.
00:08 - Absolutely, we introduced you earlier,
00:10 you are a CMT certified co-founder
00:12 and CEO of Technitrader.
00:14 I mean, it's fascinating 'cause as we were getting ready,
00:16 this is kind of like, we could talk for like an hour
00:19 if we wanted to, all things trading.
00:20 But before we kind of get going,
00:22 if you'd explain to me like on five,
00:23 what is it that your company does?
00:25 - Well, we started about 25 years ago.
00:28 I retired in my late 30s and decided to run around
00:31 the world and everything and got very bored.
00:34 And my business partner suggested that
00:36 since everybody was coming to us asking us
00:38 about trading stocks, investing stocks,
00:41 trading stocks as a business,
00:42 that we should teach them rather than just
00:45 be inundated with people.
00:46 And that's how it got started.
00:48 I never imagined that it would grow as well as it has
00:52 or be as important as it has become
00:54 because we teach the professional side of the market.
00:57 What you hear every day is the retail side,
01:00 the retail news, the retail action,
01:02 but there is a huge, 80% of the market activity
01:05 is behind the scenes that you don't hear about.
01:08 And so what I teach are professionals and retail traders
01:11 who want to trade as a business and make a living at it
01:14 and how they can do that, many different options and styles.
01:17 - Well, it makes sense because you call yourself
01:19 that the gold standard is what you kind of pride yourselves
01:22 in, especially in the stock market education.
01:24 So what, I know you mentioned just right now,
01:26 it's a retail trader, but it's kind of like,
01:28 hey, what's going on behind the scenes?
01:29 What are the professionals looking at
01:31 that have had experience maybe on the floor
01:33 and different things like that?
01:34 What is the gold standard aside from what you just
01:37 explained to us?
01:38 - The gold standard is a comprehensive course
01:40 that covers the aspects that are not covered on the internet.
01:44 You can go in on the internet and read every article.
01:47 You can learn every reversal or candlestick pattern,
01:50 every technical pattern.
01:51 But if you don't understand who is in control of price
01:55 at any given moment, you don't know what direction
01:58 that stock is actually going to take.
02:00 You're hoping it's gonna go up.
02:01 You're hoping it's gonna go down, whatever.
02:03 But until you understand the catalyst behind the price
02:07 action and the volume action, you're not really going
02:09 to understand or be as successful as you could be.
02:13 - Now you have something that I believe called
02:15 the tri-level approach.
02:16 Hopefully I'm saying that correctly.
02:18 - Yes, there's a tri-level approach.
02:22 I teach swing trading, a some day trading,
02:25 platform position trading, long-term investing.
02:27 So the tri-level approach is that you have to deal
02:30 with all the aspects of it.
02:32 The risk analysis, the fundamental analysis
02:35 and the technical analysis, which are all now in charts.
02:38 If you have a good charting software program,
02:41 you have fundamental line indicators.
02:42 You have risk indicators, you have technical analysis.
02:45 So we combine this into a relational technical analysis,
02:49 which is my thesis that I wrote for the
02:52 Chartered Market Technicians Association
02:54 and presented to them.
02:55 And they're all using it as professionals.
02:57 I teach professionals as well as retail traders.
03:00 And when I approach the retail trader,
03:02 I treat them as if they're going to become
03:05 a professional trader and some have,
03:06 some have gone on to be floor traders.
03:08 So what you get is that inside view that you don't get
03:12 from your retail side.
03:13 You can guess and say, oh, I think this stock
03:16 is gonna go up.
03:16 I hope this stock is going to go up.
03:19 But if you know who is behind the catalyst
03:21 that's moving that stock price up or down,
03:23 you'll have a better grasp of what is actually
03:26 going to do that day.
03:27 - Yeah, well, you know, they say hopium
03:29 is a terrible thing to have in the stock market.
03:31 And that's something I've struggled with definitely
03:33 in the past as well.
03:34 I talked about, you know, your CMT certification,
03:36 but for the folks that don't know,
03:38 quickly you can tell us about that
03:40 and why it matters in the world of markets.
03:43 - The CMT is a Chartered Market Technicians Association's
03:46 degree.
03:47 It's a professional degree.
03:48 It is similar to a doctorate,
03:49 but you don't get to call me doctor.
03:51 And it's the CMT organization association is worldwide
03:58 and they train professionals to go into the market
04:01 on the buy side institutions.
04:02 Mostly some sell side institutions will hire them.
04:05 The sell side institutions are big banks financials
04:08 and they hire the CMTs to do the long range projections
04:12 for them.
04:13 The buy side use them to assist in their floor trading
04:15 and to make sure that their quantitative analysis
04:17 is correct.
04:18 So you're really approaching it from the technical side
04:20 while the CFAs are your fundamentalists.
04:23 And this is a series 86 approved by the SEC.
04:28 So we're SEC approved, which is very rare
04:30 for the retail side.
04:32 Most of the time, professionals won't do this.
04:34 And a lot of the CMT friends and associates go,
04:37 why do you do this?
04:38 Because if the retail traders were more successful,
04:44 if they understood the market better,
04:47 then we would have a much stronger market
04:50 and we wouldn't have so many wicks and tails.
04:51 We wouldn't have so much indecision.
04:53 And when retail traders lose money, that hurts the market
04:56 overall and generally, because they get discouraged.
04:59 They hate the market.
05:00 They're frustrated with the market.
05:01 They come back, they try again.
05:03 But if you get that trader to get going
05:06 and have a foundation and be consistently successful,
05:09 then that's going to help the economy
05:12 because we are a digital economy now.
05:14 It's a financial based economy
05:16 rather than a consumer based economy.
05:18 And that's moving forward.
05:20 We have non fungible tokens coming.
05:23 The SEC is approving all kinds of new instruments
05:26 and you need to understand what those do
05:28 and what they don't do
05:29 and who's going to be trading them and who is not.
05:31 - Yeah, I know you have a couple of courses.
05:33 So I wanna dive into that
05:34 before I ask you to wrap up questions here.
05:36 Do you have any popular courses that retail traders
05:38 try to gain some knowledge from?
05:40 - Yes, we have what's called a methodology essentials course.
05:44 We have a standard, we have a premier
05:45 and we have an elite for professionals.
05:47 And those three courses are my primary courses.
05:50 I've written over 40 courses in the past 25 years
05:53 of all different sorts.
05:54 Every time there's a new instrument or a new product,
05:58 I write courses and teach people how to use them.
06:01 And those are the courses that they should check out
06:03 on technitrader.com, which is our technitrader.courses
06:07 is our website.
06:08 Also, you can get it through technitrader.com.
06:10 If you wanna learn more about me
06:12 or read my body of work, you can go to marthastokes.com
06:16 and I have a plethora of things of training.
06:19 We have free mini courses on our website
06:22 that you can take for free,
06:24 which actually show you how we teach
06:26 and the trading process.
06:27 And I have been very pleased
06:29 because we put these up about two years ago
06:31 that people just rave about these mini courses.
06:34 They just love them.
06:35 They go, I learned so much.
06:37 I didn't realize what I hadn't learned.
06:40 It helps every kind of trader
06:42 because it gives them this information
06:45 that they haven't learned before.
06:47 - You know, I'm definitely gonna have to reach out
06:48 to 'cause thankfully I'm a profitable trader,
06:50 but I'm just a straight line support,
06:52 you know, resistance type of guy.
06:53 I don't really get into the patterns of things like that.
06:55 So definitely gonna reach out to you
06:57 after we get wrapped up here.
06:58 But lastly, I wanna talk about AI.
07:01 You know, there's so many different ways
07:04 to kind of use Chad GPT.
07:05 I know some folks have also used it
07:07 in terms of the stock market,
07:08 but how do you see AI affecting the markets
07:11 now that retail has been introduced to that field?
07:16 - I think AI is in its earliest phases right now.
07:19 I think as a trading companies
07:22 that are going to be doing AI,
07:24 today I talked to one of my IT guy,
07:26 there's 3000 tools for AI.
07:28 There's hundreds of companies coming to market and IPO.
07:32 And so I'm seeing a dot-com era in AI as far as IPOs.
07:36 And it's also, you have to be careful
07:38 because the AI that's available on the retail side
07:41 is extremely primitive and very simple.
07:43 It can't tell you who is in control of price.
07:48 You have to learn the certain patterns
07:49 and the subtle nuances, the hybrid leading indicators.
07:53 You need to go beyond MACD, RSI and so on.
07:57 And those hybrid indicators are a type of an AI
08:01 that allows you to see into the market more
08:04 than you would with MACD, RSI
08:06 and some of the older indicators.
08:08 The modern indicators that are incorporating
08:10 this kind of technology are the ones
08:12 that you should be using
08:13 because they give you more subtle information
08:15 that you need to know.
08:17 - Awesome, well, I appreciate you hopping on.
08:19 So you kind of have a conversation with me
08:20 about what it is y'all do,
08:21 your certifications and your knowledge.
08:23 Was there anything you were hoping to talk about
08:25 that I didn't bring up?
08:26 - No, this is my first time on
08:28 and I'll be back every month
08:30 and I'll start showing some charts and things like that
08:32 and explain more and more detail.
08:34 I just wanted to do this today as an introduction
08:36 and show, talk about my company
08:38 so that when I come on next time
08:40 and I talk about relational technical analysis
08:42 or hybrid leading indicators,
08:44 you have some idea of where I'm going with it.
08:46 - Well, see, look, I am always happy to have you back on
08:48 and we can nerd out about charts
08:50 and maybe even take a trade live here and there.
08:52 But thank you so much, Martha.
08:53 I really do appreciate your time.
08:54 (upbeat music)
08:57 (upbeat music)
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