The podcast episode, the last of 2025, features Tessa Dao in a stripped-down monologue without guests or music, as her co-host Ian is traveling. Tessa reflects on her decade-long trading journey, noting that she became serious about it after co-hosting the podcast in mid-2022, inspired by the community and talented traders. She discusses the "middle" stage of trading, where one is no longer a beginner but hasn't yet reached their desired level of success, describing it as a period of internal shifts and quiet progress not always reflected in P&L. She draws parallels between this stage and a K-Pop song, highlighting themes of self-awareness, acknowledging struggles, and persistent refinement. The episode concludes with a thank you to listeners and wishes for clarity and patience in 2026, especially for those still in the middle of their trading journey.
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