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<rss xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:podcast="https://podcastindex.org/namespace/1.0" xmlns:media="http://search.yahoo.com/mrss/" version="2.0"><channel><title>Get Pips &amp; Dip</title><link>https://www.spreaker.com/podcast/get-pips-dip--6247606</link><description><![CDATA[In the bustling city of Atlanta, Georgia, lies Tradeville Headquarters, a hub for traders of all kinds. Leading the charge is KOBK, a retired Air Force combat veteran known for his vibrant personality and knack for making complex trading concepts relatable.<br /><br /> One stormy day, as thunder rumbled and rain pounded the city, KOBK decided to host an online trading workshop. It was directly after the COVID-19 world event, and the dangers of gathering in person were still very real. But KOBK knew he had to do something because the demand for learning how to trade was higher than ever. Aspiring traders from around the world—Germany, Japan, Saudi Arabia—logged in, eager to gain insight.<br /><br /> With the storm providing a dramatic backdrop, KOBK began his story with an energy that promised a once-in-a-lifetime lesson.<br /><br /> ---<br /><br /> "Hello everyone, I'm KOBK, and I have a powerful story for you today. If you're a trader, especially pay attention. If you've ever thought about trading, this is for you too. So buckle up, because we're about to dive into the wild world of trading, where the stock market meets a delicious world of ice cream.<br /><br /> But before we get into it, let me share a bit of my journey. I started trading while I was in the Air Force. Back then, I knew I had to do something different. Many individuals in the military laughed at me for my ambitions. They didn’t understand what I was pursuing, and they let their own fears and self-doubt cast shadows on my dreams. But I knew this was my vision and my calling. I believed that God had a plan for me, and this was part of it. I couldn’t let their doubts dictate my path.<br /><br /> So, fast forward to today, and here we are—navigating the trading world from our homes, with people tuning in from all corners of the globe. Imagine stepping into the most amazing ice cream shop, aptly named 'Pips &amp; Dip.' Here, instead of simply enjoying scoops of your favorite flavors, you're navigating the exciting and sometimes bewildering realm of trading. Let’s meet our colorful characters and discover how their sweet treats can teach us everything we need to know about trading!<br /><br /> ---<br /><br /> **Sell by Market**: This is like Lisa at the ice cream counter. When she decides she wants to sell her famous mint chocolate chip cones, she doesn’t wait around. She just yells, 'Selling now!' and bam, the cones are gone at whatever the current price is. That’s **Market Execution**.<br /><br /> **Buy by Market**: Now, Dave loves buying those cones the moment they’re available. The minute Lisa shouts, he’s there with his money, buying them at the going rate. That’s also **Market Execution**.<br /><br /> **Buy Stop**: Picture this: you heard a rumor that Lisa’s cones will be even tastier if she adds rainbow sprinkles. But she won’t start doing that until her cones hit a certain level of popularity. So, you tell the ice cream counter assistant, 'I’ll buy a cone when they start adding rainbow sprinkles.' You’re placing a **Buy Stop** order, waiting for the cones to rise to the occasion.<br /><br /> **Sell Stop**: Now imagine you want to sell your deluxe sundae only if the market prices drop because everyone’s buying Lisa’s sprinkle cones instead. So you tell your assistant, 'Sell my sundae if the prices drop below a certain level.' That’s a **Sell Stop** order.<br /><br /> **Buy Limit**: What if you’re a savvy shopper waiting for Lisa’s cones to go on a discount because you know she always has a sale at the end of the day? You place an order with the assistant, 'Buy me a cone if the price drops.' That’s a **Buy Limit** order.<br /><br /> **Sell Limit**: Conversely, if you’ve got a stash of triple scoop sundaes and you’re waiting for the market to rise before you sell, you tell your assistant, 'Sell my sundaes if the price goes up to a certain point.' That’s a **Sell Limit** order.<br /><br /> Now, let’s talk about what happens when things don’t go as planned. Imagine you set a stop-loss to protect yourself. You tell the assistant, 'If Lisa’s cones melt, sell my stock!' That’s your **SL Hit** – your Stop Loss hit, and the trade didn’t work out.<br /><br /> But when things go your way, and Lisa’s cones become the talk of the town, you shout, 'I’m taking profits!' That’s your **TP Hit** – your Take Profit hit, and the trade worked out beautifully.<br /><br /> Sometimes, you want to play it safe. You’ve already bought some cones, and now you’re nervous about the market. So you tell the assistant, 'Move my cones to the safe zone!' That’s **Move your Stop-loss to entry** – you modify your trade by moving the stop-loss to the entry point.<br /><br /> Lastly, there’s the break-even strategy. You tell the assistant, 'If the price gets back to what I paid, just close the deal, no profit, no loss.' That’s **Close at Break-Even**.<br /><br /> ---<br /><br /> KOBK paused, noticing the aspiring traders’ eyes wide with amusement and understanding. “So, my budding traders, remember these tales when you're navigating the markets. Thank you for taking this journey with me and listening to these insights—you are truly appreciated and you are the value. Now go out there and dominate the market with proper risk management. For more insight, visit my website at [<a href="http://www.kobksalute.com" target="_blank" rel="noreferrer noopener">www.kobksalute.com</a>](<a href="http://www.kobksalute.com" target="_blank" rel="noreferrer noopener">http://www.kobksalute.com</a>). Leave me a message, and I’ll get back to you.”<br /><br /> And with that, KOBK winked, knowing he had turned complex trading concepts into a delightful, memorable adventure for his students at Pips &amp; Dip.]]></description><atom:link href="https://www.spreaker.com/show/6247606/episodes/feed" rel="self" type="application/rss+xml"/><language>en</language><category>Society &amp; Culture</category><copyright>Copyright Podcraftr</copyright><image><url>https://d3wo5wojvuv7l.cloudfront.net/images.spreaker.com/nuvolari-assets/orange_square_mic.jpg</url><title>Get Pips &amp; Dip</title><link>https://www.spreaker.com/podcast/get-pips-dip--6247606</link></image><lastBuildDate>Mon, 29 Jul 2024 01:32:00 +0000</lastBuildDate><itunes:author>Podcraftr</itunes:author><itunes:owner><itunes:name>Podcraftr</itunes:name><itunes:email>feeds@spreaker.com</itunes:email></itunes:owner><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/images.spreaker.com/nuvolari-assets/orange_square_mic.jpg"/><itunes:subtitle>In the bustling city of Atlanta, Georgia, lies Tradeville Headquarters, a hub for traders of all kinds. Leading the charge is KOBK, a retired Air Force combat veteran known for his vibrant personality and knack for making complex trading concepts...</itunes:subtitle><itunes:summary><![CDATA[In the bustling city of Atlanta, Georgia, lies Tradeville Headquarters, a hub for traders of all kinds. Leading the charge is KOBK, a retired Air Force combat veteran known for his vibrant personality and knack for making complex trading concepts relatable.<br /><br /> One stormy day, as thunder rumbled and rain pounded the city, KOBK decided to host an online trading workshop. It was directly after the COVID-19 world event, and the dangers of gathering in person were still very real. But KOBK knew he had to do something because the demand for learning how to trade was higher than ever. Aspiring traders from around the world—Germany, Japan, Saudi Arabia—logged in, eager to gain insight.<br /><br /> With the storm providing a dramatic backdrop, KOBK began his story with an energy that promised a once-in-a-lifetime lesson.<br /><br /> ---<br /><br /> "Hello everyone, I'm KOBK, and I have a powerful story for you today. If you're a trader, especially pay attention. If you've ever thought about trading, this is for you too. So buckle up, because we're about to dive into the wild world of trading, where the stock market meets a delicious world of ice cream.<br /><br /> But before we get into it, let me share a bit of my journey. I started trading while I was in the Air Force. Back then, I knew I had to do something different. Many individuals in the military laughed at me for my ambitions. They didn’t understand what I was pursuing, and they let their own fears and self-doubt cast shadows on my dreams. But I knew this was my vision and my calling. I believed that God had a plan for me, and this was part of it. I couldn’t let their doubts dictate my path.<br /><br /> So, fast forward to today, and here we are—navigating the trading world from our homes, with people tuning in from all corners of the globe. Imagine stepping into the most amazing ice cream shop, aptly named 'Pips &amp; Dip.' Here, instead of simply enjoying scoops of your favorite flavors, you're navigating the exciting and sometimes bewildering realm of trading. Let’s meet our colorful characters and discover how their sweet treats can teach us everything we need to know about trading!<br /><br /> ---<br /><br /> **Sell by Market**: This is like Lisa at the ice cream counter. When she decides she wants to sell her famous mint chocolate chip cones, she doesn’t wait around. She just yells, 'Selling now!' and bam, the cones are gone at whatever the current price is. That’s **Market Execution**.<br /><br /> **Buy by Market**: Now, Dave loves buying those cones the moment they’re available. The minute Lisa shouts, he’s there with his money, buying them at the going rate. That’s also **Market Execution**.<br /><br /> **Buy Stop**: Picture this: you heard a rumor that Lisa’s cones will be even tastier if she adds rainbow sprinkles. But she won’t start doing that until her cones hit a certain level of popularity. So, you tell the ice cream counter assistant, 'I’ll buy a cone when they start adding rainbow sprinkles.' You’re placing a **Buy Stop** order, waiting for the cones to rise to the occasion.<br /><br /> **Sell Stop**: Now imagine you want to sell your deluxe sundae only if the market prices drop because everyone’s buying Lisa’s sprinkle cones instead. So you tell your assistant, 'Sell my sundae if the prices drop below a certain level.' That’s a **Sell Stop** order.<br /><br /> **Buy Limit**: What if you’re a savvy shopper waiting for Lisa’s cones to go on a discount because you know she always has a sale at the end of the day? You place an order with the assistant, 'Buy me a cone if the price drops.' That’s a **Buy Limit** order.<br /><br /> **Sell Limit**: Conversely, if you’ve got a stash of triple scoop sundaes and you’re waiting for the market to rise before you sell, you tell your assistant, 'Sell my sundaes if the price goes up to a certain point.' That’s a **Sell Limit** order.<br /><br /> Now, let’s talk about what happens when things don’t go as planned. Imagine you set a stop-loss to protect yourself. You tell the assistant, 'If Lisa’s cones melt, sell my stock!' That’s your **SL Hit** – your Stop Loss hit, and the trade didn’t work out.<br /><br /> But when things go your way, and Lisa’s cones become the talk of the town, you shout, 'I’m taking profits!' That’s your **TP Hit** – your Take Profit hit, and the trade worked out beautifully.<br /><br /> Sometimes, you want to play it safe. You’ve already bought some cones, and now you’re nervous about the market. So you tell the assistant, 'Move my cones to the safe zone!' That’s **Move your Stop-loss to entry** – you modify your trade by moving the stop-loss to the entry point.<br /><br /> Lastly, there’s the break-even strategy. You tell the assistant, 'If the price gets back to what I paid, just close the deal, no profit, no loss.' That’s **Close at Break-Even**.<br /><br /> ---<br /><br /> KOBK paused, noticing the aspiring traders’ eyes wide with amusement and understanding. “So, my budding traders, remember these tales when you're navigating the markets. Thank you for taking this journey with me and listening to these insights—you are truly appreciated and you are the value. Now go out there and dominate the market with proper risk management. For more insight, visit my website at [<a href="http://www.kobksalute.com" target="_blank" rel="noreferrer noopener">www.kobksalute.com</a>](<a href="http://www.kobksalute.com" target="_blank" rel="noreferrer noopener">http://www.kobksalute.com</a>). Leave me a message, and I’ll get back to you.”<br /><br /> And with that, KOBK winked, knowing he had turned complex trading concepts into a delightful, memorable adventure for his students at Pips &amp; Dip.]]></itunes:summary><itunes:category text="Society &amp; Culture"/><itunes:explicit>false</itunes:explicit><podcast:guid>d554fe28-ae7b-5121-aab3-b331b0c81768</podcast:guid><itunes:type>episodic</itunes:type><item><title>Get Pips &amp; Dip</title><link>https://www.spreaker.com/episode/get-pips-dip--60840632</link><description><![CDATA[In this episode of 'Get Pips &amp; Dip,' hosted by KOBK, listeners were taken on a unique journey through an ice cream parlor themed trading workshop. KOBK used vivid analogies of the transactional dealings within an ice cream parlor to elucidate various concepts of online trading, including Market Execution, Buy Stop and Sell Stop orders, Buy Limit and Sell Limit, STOP Loss, Take Profit, Moving Stop-loss to entry, and the break-even strategy. Interweaving his initial trading dreams during his Air Force service with these concepts, KOBK encouraged listeners to weather uncertainties with risk management as their norm while striving to be the traders they aspire to. This episode ended with a call for further discussions via his website. <ul><li><a href="https://kobksalute.com/" target="_blank" rel="noreferrer noopener">       KOBK SALUTE </a></li></ul>]]></description><guid isPermaLink="false">https://api.spreaker.com/episode/60840632</guid><pubDate>Mon, 29 Jul 2024 01:25:21 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/60840632/20240729_1_g2wb6s.mp3" length="4964708" type="audio/mpeg"/><itunes:author>Podcraftr</itunes:author><itunes:subtitle>In this episode of 'Get Pips &amp;amp; Dip,' hosted by KOBK, listeners were taken on a unique journey through an ice cream parlor themed trading workshop. KOBK used vivid analogies of the transactional dealings within an ice cream parlor to elucidate...</itunes:subtitle><itunes:summary><![CDATA[In this episode of 'Get Pips &amp; Dip,' hosted by KOBK, listeners were taken on a unique journey through an ice cream parlor themed trading workshop. KOBK used vivid analogies of the transactional dealings within an ice cream parlor to elucidate various concepts of online trading, including Market Execution, Buy Stop and Sell Stop orders, Buy Limit and Sell Limit, STOP Loss, Take Profit, Moving Stop-loss to entry, and the break-even strategy. Interweaving his initial trading dreams during his Air Force service with these concepts, KOBK encouraged listeners to weather uncertainties with risk management as their norm while striving to be the traders they aspire to. This episode ended with a call for further discussions via his website. <ul><li><a href="https://kobksalute.com/" target="_blank" rel="noreferrer noopener">       KOBK SALUTE </a></li></ul>]]></itunes:summary><itunes:duration>207</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/images.spreaker.com/nuvolari-assets/orange_square_mic.jpg"/><itunes:episodeType>full</itunes:episodeType></item></channel></rss>
