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February 10, 2005

Podcast Review: HOT Radio

This entry posted in: 3 stars , I do not subscribe , Podcast Review

HOT Radio Podcasting Schedule

Format: talk
Content: trading tips and market information
Rating: 3 stars
What I'm going to do: not subscribe
Typical Length: 15 - 20 minutes

The HOT Radio podcast is aptly named; not only is it about High Octane Trading, but your host, Steve Wirrick, is definitely high octane as well.

From what I can discern, Steve's podcast is an extension of Steve's existing stock market training business. From what I can hear in the podcast, Steve is either fairly successful at what he does, a very good actor, or optimistic to the point of insanity. His high-energy podcast leaves you in no doubt that there's money to be made with Steve's High Octane approach, and Steve markets his podcast as "The Quickest and Easiest Way For You to Consistently Learn My Money-Making Secrets." The only question that I have is whether or not Steve is intending to train people who already know something about trading or whether he is targeting his podcast at the complete trading neophyte. Because I have to say, I'm one of those neophytes and I didn't understand more than 1 word in 5 of what Steve was talking about. I'm sure once you know the jargon Steve's rapid commentary is meaningful, but certainly not from the outset.

All of that said, I should also point potential liseners to Steve's disclaimer, where he states:

Neither Steve Wirrick, nor anyone else at Planet Cash, Inc., are registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority.

I am neither an economist nor a trader, but much of what I could glean from what Steve had to say seemed to contravene what I understand is commonly held to be sound investment strategy - invest for the long haul. Steve's strategy seems to be about short-term trades. To be fair to Steve I don't think he's pitching a long-term strategy here, but based on that fact this may not be the strategy for you. Your results, as they say, may vary.

Steve is very comfortable behind the mic, and his delivery is fast and smooth. A habit of his that I found to be somewhat annoying was his repetitive use of the NATO phonetic code to represent the ticker symbols of the companies whose stock he's discussing. While certainly helpful for clarity's sake, a little less repetition of those codes would be preferable to my listening pleasure. The meta-data for the HOT Radio Podcast is good, with a full title and date in both the file and track names and consistent tagging elsehwere. Steve's audio balance is good for the most part, although at the beginning and end of his vocal content he often seems to be fighting against the volume of his intro / outro music, so perhaps fading that music down a little more before he starts to talk would make things a little easier both for him and his listeners. In a strange twist of podcasting chance, Steve uses the same intro / outro music as another energetic podcaster, another paragon of promotion, Matthew Bischoff of Esc From The World!. In fact their delivery is so similar that if they didn't live on opposite sides of the country I'd be tempted to say they might be related.

Subscribe to mp3s.

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Posted by cori at February 10, 2005 10:56 PM