If you are looking for inspiration, motivation and “how to” in the world of social media (or in this case, in the comment section on YouTube)… then yeah, don’t take my word for it, but PLEASE DON’T. As you’ll see, the advice/thoughts given are some of the worst that could have been offered up.
One thing every new trading computer build will have in common is Windows. Installing Windows can seem like a daunting task, but Microsoft has actually made it quite easy. In this video I give you a quick walk through of what a windows install looks like, as well as how to check for missing drivers and windows updates.
Purchase Windows 10: https://amzn.to/2rQWCfF
If you have a smaller amount of money or are simply looking to get started with investing, M1 Finance is my number 1 choice. They sound too good to be true, but they are not. Not only do they offer $0 commissions, but they also allow you to buy partial shares (which is huge). On top of this, they offer tax friendly accounts which others (such as Robinhood) do not offer. Over the long term, tax friendly structures add up in big positive ways!
I am asked quite a bit “what I teach?” or in other instances, people thinking that I will not be able to help them based off what they see in my live trading videos or another assumptions they’re making. I understand the assumptions, so these people are not being foolish, but it brings about a very valuable learning lesson in regards to tools vs. strategies.
Learn how to use the tools to build a “house” that best fits your needs, CLICK HERE. https://claytrader.com/courses/
What if I told you that when you are first getting started, one of the worst things you an focus on is growing your account. I realize that sounds pretty stupid and nonsensical, but I assure you, when you focus on the wrong things, it can take your mind down a pathway that allows for gambling tendencies to appear.
In a practical sense, what is the difference between a 4k and a 1080p resolution monitor? Let me try to give a practical example of how things would look on a 4k monitor vs a 1080 monitor, and help you make the decision is right for you.
My 27" 4k monitor: https://amzn.to/2Jb6oiS
I suppose I did a bit of ranting in this video, but I can’t help it. I genuinely can’t stand when a person’s outlook on life and situations is holding them back from making the progress they seek. The sooner you understand that there are people who want to help and that it takes money to make money, the sooner you can start to improve and get to where you want to go.
The concept of risk vs. reward is one of, if not the most important aspects within the world of trading. With that being said, many newer traders fail to realize there are a different ways in which this concept can be implemented into a trading plan and strategy. One way is very well known, but the other one…. used by insurance companies is what I want to focus on.
An example of loses wiping away multiple days of gains, SEE HERE. https://claytrader.com/videos/mind-trick-worked-march-trading-results/
Another losing day that wiped away multiple green days, SEE HERE. https://claytrader.com/blog/february-trading-results-frustrating/
Another example of losing days wiping away multiple green days, SEE HERE. https://claytrader.com/blog/how-i-ruined-my-month/
Not a single losing day all month long, SEE HERE. https://claytrader.com/videos/november-trading-results-gambling/
Another month without a single losing day, SEE HERE. https://claytrader.com/videos/am-i-a-good-trader/
I was extremely guilty of this when I first began trading, and as you’ll see in this email I received, the thought-process and human mind trick is still alive and well in the markets. While I realize it sounds very contradictory (because it is), with the way the human mind works, many people still get sucked down this pitfall of a rabbit hole.
Is there a better option than a mouse for trading? There might be! I unbox and give my first impressions of the Wacom Intuos tablet. The intuos is a graphic tablet allowing pen and touch input, the best part though is it offers a 1 to 1 relationship with your monitor, allowing fast and accurate navigation.
Wacom Intuos: https://amzn.to/2HIH03G