Episodes
Tuesday Dec 23, 2014
Shorting Penny Stocks Is Stupid! Here's Why.
Tuesday Dec 23, 2014
Tuesday Dec 23, 2014
I see this topic flying around all the time. Traders running around wanting to learn how to short penny stocks because they’re all pump-and-dumps and eventually will collapse.
I get it. I understand ‘why’ this logic is so attractive and seems like such a no-brainer decision; HOWEVER, this logic is only surface deep.
Let me share my logic with you in the video below. Set some time aside. I understand I’m battling an uphill battle of thought-process, so it takes me more than a few minutes to explain my rationale.
Monday Dec 15, 2014
Stock Market Training: How to Avoid the Pattern Day Trading (PDT) Rule
Monday Dec 15, 2014
Monday Dec 15, 2014
For anyone with a smaller account, I’m sure we can all agree that the most annoying regulation/rule in the world is that of the pattern day trader (PDT). While it may sound too good to be true, I assure you, there “is” a very viable solution to this problem, and your account size does not matter.
Friday Dec 12, 2014
Stock Market Training: How Much Money Do I Need To Trade Stocks / Options?
Friday Dec 12, 2014
Friday Dec 12, 2014
How much money do I need to trade? This question is among the one most often asked. While there is not an ‘exact’ answer, there is a system to go about figuring out whether or not you are keeping your expectations in line with reality. The system? That’s what I discuss in this video.
Friday Nov 28, 2014
Stock Trading Quick Tip: The Reality of Trading Success
Friday Nov 28, 2014
Friday Nov 28, 2014
Want the truth on trading? It’s easy to talk about all the luxuries that can come with trading… I mean, that does make any sales pitch being given much easier; however, it’s only a half-truth. The reality of the situation is that there are quite a few things that need to happen before anyone is going to be living the lifestyle that so many like to portray. I talk about those “things” in this video.
Friday Nov 21, 2014
Stock Trading Quick Tip: The Trader Death Trap
Friday Nov 21, 2014
Friday Nov 21, 2014
Why is the success rate for traders only at 10%? I will explain using some pretty common sense logic; however, it was not “common sense” to me when I first started trading. Luckily, I realized it very quickly and escaped the trader death trap.
Sunday Nov 16, 2014
What a Big Board Stock Pump-and-Dump Looks Like
Sunday Nov 16, 2014
Sunday Nov 16, 2014
The term pump-and-dump is usually associated with penny stocks, but rest assured, these scenarios unfold in the world of big board stocks too.
Understanding this concept is critical for two simple reasons. First, by avoiding them you are going to save money. Pretty straight forward. Second, if you love to short stocks like I do, these technical chart set-ups can be very profitable.
In this video I describe a “real life” pump-and-dump that occurred on this big board stock. The beautiful thing here is none of this is being talked about in hindsight (those are the worst kinds of examples!). As you will see, I alerted the pump-and-dump to my private trading group chat room BEFORE the crash happened.
Be careful out there. The stock market is a dangerous place and there are traps all over the place.
Friday Nov 14, 2014
Stock Trading Quick Tip: Exposing Trader Excuses
Friday Nov 14, 2014
Friday Nov 14, 2014
I will be the first to raise my hand and admit I did plenty of dumb things when I first started trading; however, the one thing I did do right was not create excuses. There are two excuses that I hear all the time… over…and over… and over again. Well, I’m here to tell you they are not valid excuses.
Wednesday Nov 12, 2014
How My Live Stock Trading Chatroom Alerts Work
Wednesday Nov 12, 2014
Wednesday Nov 12, 2014
Easily one of the most asked questions I receive is how does your stock trading chat room work in regards to the alerts?
While I’ve already written blog articles answering this question both HERE and HERE, I understand some people prefer video over sitting and having to read through a blog.
One quick note. The alert actually deals with shorting. Shorting is one of my favorite strategies and I do it quite frequently; however, if you are unsure of what it is, simply put: shorting allows you to make money when prices go down.
Tuesday Nov 11, 2014
An Honest Look At Trading Stocks
Tuesday Nov 11, 2014
Tuesday Nov 11, 2014
I try my best to give a realistic and honest view of stock trading. There are so many people out there trying to sell you stuff and the majority of the time all that is presented is the warm-and-fuzzy part of trading.
I realize I also have products and service to sell, however, I believe my testimony base has grown due to the fact that I keep expectations in line with reality.
Do charts work? Yes! Is it a realistic possibility to make good money trading? Yes! Is it important to learn how to read charts for success in managing risk and trading? Yes! Is trading an exact science where everything always goes perfectly on every trade? No!
Check out the video below which takes a real life example and breaks down the “good” and “bad” sides of trading.
Friday Nov 07, 2014
Stock Trading Quick Tip: Redefining the Stop Loss
Friday Nov 07, 2014
Friday Nov 07, 2014
Taking a loss is one of the most difficult things to do in all of trading. Why? Simply put, because no one likes to admit they were wrong. Psychology it has always bothered me what the term “stop loss” is implying, so in this video I attempt to redefine the word with a new name.