In today's episode, Kim Ann Curtin of The Wall Street Coach, assisted by Shane Dorian, interviews Charles Harris about his exceptional trading journey.

Charles Harris is a Portfolio Manager at O'Neil Global Advisors Inc. with over 20 years of experience in finance. Recently, he released a YouTube video of a 2019 presentation he made at the final IBD Level IV Master's Program workshop in Santa Monica, CA entitled “A Trader’s Journey”.

What to Expect in This Episode:

  1. Not only will you learn about Charles' recovery from a staggering drawdown that deleted about 85% of his net worth, but so much more, including The incredible reaction to "A Trader’s Journey."
  2. There's a perception that certain traders are successful and just make money but it's not the case. The fact that Charles was willing to speak openly about his frailties makes his story exceptional—and it has clearly resonated with viewers.
  3. How Brené Brown's famed talks on vulnerability and shame inspired Charles to share his story and helped get him to get to the root of why he had such a big drawdown. As he describes it, "I knew that I was out of control but I just could not get out of my way".
  4. When your vision of yourself doesn't match reality and you feel unworthy, it's a problem for your trading. As Charles notes, there are two potential outcomes: either you fix your psychology or you sabotage your success to bring it in line with how you really feel inside.
  5. Ultimately, the difference between people who have a sense of worthiness and those who don't boils down to believing that they deserve it, that they are entitled to it.
  6. How Charles came to grips with a massive drawdown that blew out 85% of his net worth. He explains what helped him recover and how much of a break he needed to get his mindset back.
  7. The right thing to do when you're on a losing streak is to take a step back, stop trading altogether, and figure out what's going on. When you come back to the market, go really slow.
  8. Charles talks about how he thought it would be five or ten years to come back from his big losses, but it actually took less than two years. A big part of that was his biggest winner—Tesla. Learn why he treats this stock differently, and why its performance reminds him of Apple.

Learn more about Kim Ann Curtin here.