Lia Holmgren, a former psychotherapist turned full-time stocks trader and trading coach, joins the podcast to discuss the trading mindset. As a stock trading coach she shares how her background helps traders manage discipline, risk, and emotional control. Lia details her approach to options trading, preferring long-term leaps on high-quality stocks and selling covered calls for additional income, while stressing the importance of position sizing and risk management. Learn how you can trade more successfully and without emotion as today we discuss...
- Lia Holmgren shares her background, originally from former Czechoslovakia, now a full-time stocks and options trader with a past in psychotherapy.
- She explains how her upbringing instilled strong financial habits, leading her to explore investing and later trading.
- Lia works with traders as a performance coach, helping them manage emotions, risk, and discipline.
- She observes that fewer women enter trading due to natural risk aversion and societal influences but notes a growing interest among women in financial education.
- One of the biggest issues Lia sees in traders is poor risk management and misunderstanding risk-to-reward ratios.
- She teaches a simple risk management formula that she believes is life-changing for retail traders.
- Institutional traders often struggle with ego and emotional challenges, especially during losing years.
- Lia explains her position sizing approach, typically risking no more than 1% of her account per trade.
- How traders need to focus less on being right and more on maximizing profits while controlling losses.
- Lia holds about 20 individual stocks, adjusting the portfolio periodically.
- Taxes play a role in trading decisions, but delaying exits for tax reasons can backfire.
- How she prefers selling options over buying, particularly for short-term plays in high-volatility stocks.
- 2025 is expected to bring market volatility and choppiness, making swing trading more challenging.
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Today's Guest: Lia Holmgren
Lia Holmgren is a full-time stocks and options trader, and currently spends most of her days trading the markets. A short after she began her trading journey, she realized that the biggest part of becoming a successful trader is being able to control your emotions and understand psychology around trading. Today, Lia is helping traders to learn how to manage their emotions, become less reactive and rather calm and calculated. Lia also enjoys wellness & lifestyle coaching, where she helps individuals who are working in stressful industries to achieve better work/ life balance and avoid burn out.
Lia's Online Presence:
Today's Panelists
Douglas Heagren | Mergent College Advisors
Kirk Chisholm | Innovative Advisory Group