Is This Your Problem? It was Mine... | STR 526
The Stock Trading Reality Podcast
Do you find yourself struggling in an area of your trading? You aren’t alone! The world of trading is a constant struggle. Oftentimes, it’s the struggle against all those crazy voices in our head that want us to do really stupid things. Other times, it can be more of a unique struggle that won’t be the same for everyone. In this episode of the podcast, I wanted to take the time to share with you a recent problem and struggle I’ve been experiencing. I also want to discuss what the solution to this problem was and how the solution played out in the real world (no worries, this won’t be...
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Follow This Indicator During Tariff Drama! | STR 525
The Stock Trading Reality Podcast
Unless you went outside, dug a hole, and shoved your head into it.. You know things have gotten pretty wild around the world from an economic standpoint. If you’re anything like me and others know you’re “in the markets”, you know things are getting dramatic when people start texting you with “you ok?”... “what is going on?”.. Etc. We’re in a unique time and I want to point out what I believe to be the most important indicator to keep an eye on. It’s already being talked about in the headlines somewhat, but for any of you who are loyal listeners, you know I’ve talked...
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Another Bad Goal for Traders? | STR 524
The Stock Trading Reality Podcast
One of the more challenging parts of being a trader is figuring out the difference between good goals and bad goals. Unfortunately, this is not always a black-and-white situation where a goal is blatantly bad (or good). If you wonder why day trading failure rates are so high, in my opinion, I would say “goal setting” is one of those core reasons. I realize this sounds a bit backwards. Most of us growing up are taught to set goals, strive for goals, and of course… never give up until the goal is achieved! In so many areas of life, this is a fantastic attitude that will produce great...
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How to Network (PROPERLY) With Other Traders... | STR 523
The Stock Trading Reality Podcast
As I’ve now been live streaming for almost two months now, I’ve gathered many more real time interactions to my “experience database”. Over the years I’ve interacted with plenty of people through customer service emails, YouTube comments, and people joining my communities. There’s something a bit more unique about the live stream as I can, in a sense, have a real time conversation with them. Through this, I’ve noticed a massive problem with traders of all experience levels. I have quickly begun to learn that regardless of the experience level, people do not understand the...
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Apparently, I Need to Discuss This... | STR 522
The Stock Trading Reality Podcast
I truly hope after listening to this episode you are a bit angry at me because you feel as though I’ve wasted your time. I hope you are thinking the whole time, “Come on Clay! Really? You really needed to clarify this for me?!?!”. If this is indeed the case, I am so relieved and will have a bit more peace in my rest. Because, as you’re about to see, what you may find super obvious is… unfortunately for some…. Not obvious. So in my defense, please cut me a little slack and graciousness as I apparently need to continue to do pieces of content like this to notify the public and those...
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Introducing PAM'SS PLANT! | STR 521
The Stock Trading Reality Podcast
It’s taken me a while to gather my thoughts on this issue and organize them in a coherent manner. To be fair, maybe they are still all over the place and none of what I am going to talk about will make sense; however, I’m pretty sure it will! In the spirit of respecting your time, if you are a swing trader or an investor, PAM’SS PLANT is not for you. I suppose if you are one of those people who just enjoys all things money and income streams, you may still find this interesting. If you are someone who has ambitions to be a day trader, or is struggling to find a groove within the world of...
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Full Time Day Trader? A TERRIBLE Goal! | STR 520
The Stock Trading Reality Podcast
I want to be a full time day trader! I’ve heard this said time and time again over the years. It’s a super ambitious goal and one that I can’t fault people for having. In the spirit of being brutally upfront: it’s a TERRIBLE goal. Please! Before you go kicking me to the curb as some kind of hater or a person trying to send out negative vibes, hear me out! It won’t take long, but if you give me a chance, I’ll explain why this is a terrible goal and one that I would call borderline impossible. Am I saying you should stop day trading or not even try? Absolutely not! I do believe the...
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I've Started a LIVE Stream! Come Hang Out!
The Stock Trading Reality Podcast
This is more a public service announcement than anything else, but I want you to all be aware that I have begun live streaming during the lunchtime portion of the day. This is free and open to everyone and anyone. You don’t need to be a premium member and you don’t even need to be a subscriber to my YouTube channel (but if you’re not… come on!!!). What’s the live stream all about? What can you expect? I want to take a few brief moments and share with you some details so you can determine whether or not it is something you’d be interested in. Let’s get to it!
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What is the BEST Indicator? | STR 518
The Stock Trading Reality Podcast
I started claytrader.com back in 2013, so yeah, I’ve been asked quite a few questions over the years. The question that has got to be one of the most popular is this: “Hey Clay, what is the best indicator?” or, slightly varied, “what is your favorite indicator?”. While I can’t say there is anything wrong with this question per-se, it does open the doors to some potentially very faulty ways of thinking about the market. If you are coming into this episode looking for a Holy Grail, then it’s not what you’ll get; HOWEVER… YOU are the exact person who needs to be listening to...
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STOP Shorting Stocks! (do this...) | STR 517
The Stock Trading Reality Podcast
Listen. I've lost count of how many stocks I have shorted over the years. It is a whole lot! As much as it pains me to say it (as it reveals a mistake on my part), I have wasted soooo much time over the years with shorting stocks. To be fair, when I first got started the abundance of new approaches to the market didn't exist; however, I stuck with shorting stocks way longer than I ever should have! What I should have been doing is something only slightly different, but way more time efficient! Let’s discuss and see if it is something that can help save you from wasting times and experiencing...
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