Learn To Trade Stocks and Options

I realize this video is a week late, but I still wanted to share with people one of the things I'm thankful for. If you fall into the category of people I illustrate here (with REAL PROOF unfortunately), then please take it as a slap across the face to *wake up* and start focusing on things within trading that actually matter.

Growing up through the school system, most of us have been conditioned to the concept of "closed book tests". You must learn things, memorize them, and then regurgitate them on some kind of test or quiz. When it comes to the world of trading, please learn to love and use the concept of cheat sheets, they will truly make your life easier and more profitable.

Have you seen them before? I know I've made them on numerous occasions. Ya gotta love the broad surface deep statements that are made because they "sound good" and are actually true; however, they leave a lot to be desired when you actually break them down... as I do in this video. You need to be aware of this.

I've gone over this topic in several of the videos, but this attitude within the trading markets is one that essentially guarantees failure. There is only one thing that we all deserve as traders in the market, and that's what I focus on in this week's video.

How complicated is trading and investing in the markets? In order to have success, do you need to have a college degree and/or an extensive understanding of mathematics? I want to address this question by covering some of the "math" that is needed in order to understand the markets from a trading perspective... and as you will see, it's not exactly rocket science.

Trading 101: https://claytrader.com/blogs/trading-101/

This was perfect timing. Last week I did a video on the word "but", but that was self admittedly all talked about "in theory". Literally a few days after posting the video, I received a message that 100% does a perfect job of explaining just how crazy and dangerous the word "but" can be to us as traders and particularly in our pursuit of trading the markets with success.

Is This Word in Your Trading Terminology - https://claytrader.com/videos/word-trading-terminology/

Am I a Jerk? - https://claytrader.com/videos/am-i-a-jerk/

If you want go push my buttons and send me on a rant, there is no surer way than to "cut corners". When it comes to trading (or anything in life for that matter), if your plan of action is to "cut as many corners as possible", then just plan on failing.... especially in the world of trading. This exchange that occurred on YouTube is a prime example of just how dangerous an attitude of "cutting corner" can be.

 

Am I A Jerk: https://claytrader.com/videos/am-i-a-jerk/

Regardless if you are a brand new trader to the markets and trying to learn how to trade, or if you are someone who has a lot of experience day trading and swing trading, there is a single word floating around that should NOT ever be used. I still struggle with it from time to time, and it is without question something that needs to be addressed if it continually is showing up in your trading.

In this week's episode, I hear from someone who is in a pretty tight spot with their personal finances. Their solution is to learn how to trade so that they can get their finances back in order while also avoiding the bank foreclosing on their home. Is trading the right solution to this problem?