Learn To Trade Stocks and Options

Through my experience as a trader and teacher, there is a particular sequence of logic that I’ve heard over and over again. On the surface it may sound like very reasonable logic; however, when you stop and really think about it, it literally is terrible logic! If I’m being honest though, when I first got started into trading stock, I tricked myself with this exact logic.

The Surgeon’s Dilemma is a way we trick ourselves as traders, but as I show in this video using a different example, there is an extreme flaw to this way of thinking.

It does not take very long when trading penny stocks (especially if you hang around on Twitter, Facebook, message boards, etc.) until you come across the tried and true “stock pick” scam. While it is most prevalent in the world of penny stocks, the concept still holds true for stocks on any exchange. In this Quick Tip lesson I expose how this scam works and why the majority of people will lose money, particularly those who are brand new to the market.

Many traders pull inspiration from other sports and professions. Clay describes in this video how sometimes that may not be the best idea.

The Opportunity Triangle – I am a very simple minded stock trader, so in order for me to visualize stock trading concepts, I need to use basic shapes. In this case, I use a shape that we have all learned about as children: the triangle.

Why Winning Streaks are Dangerous – As a stock trader, psychology and emotions are the primary key to long term and consistent success. With this being the case, stock trading winning streaks can become very dangerous and lead to undesirable outcomes. What do I mean? How is this possible?