Learn To Trade Stocks and Options

Prop Firm Futures Trading… Let’s Go!

I am transitioning into futures trading through the prop firm trading method. After years of trading options, specifically SPX and index options, recent market changes have made it increasingly difficult to execute trades effectively. Upon consulting with respected traders in my community who have also experienced these challenges, I have decided to explore futures trading with a prop firm. I have chosen Take Profit Trader due to their straightforward rules and emphasis on risk management. In this video, I explain my reasoning, the benefits of prop firm futures trading, and how risk management is enforced through their testing phase. I also offer a free class on futures trading for those interested in learning more.

I Played With Fire (Day Trader Mistakes)

Today, I encountered a critical error in my day trading practice that underscores the perils of deviating from disciplined strategies. I initiated a trade involving options, which resulted in a $2,000 loss due to a panic-induced decision to sell at the worst possible moment. This mistake was compounded when I imprudently increased my position size from one contract to five contracts in an attempt to recover the loss, exposing myself to significantly higher risk. While the subsequent trade yielded a $1,500 gain, this outcome does not justify the reckless escalation in position size. My experience highlights the importance of adhering to established trading protocols, controlling emotional responses, and avoiding the temptation to increase risk exposure after a loss. I aim to share this experience to reinforce the critical importance of discipline and risk management in trading activities.

How to Find Good Entry Points (Day Trading)

I explain how to find effective entry points in day trading by applying multiple time frame analysis and leveraging moving averages as key indicators. Using a real-world trade example where I made $1,000 in 19 seconds trading put options, I walk through the process of identifying potential resistance levels by examining the 50-period moving average on the one-minute chart and corroborating it with the five-minute chart. I detail how moving averages can serve as dynamic support or resistance levels and how cross-referencing different time frames can provide additional evidence to support a trade idea. I also discuss the importance of risk management, acknowledging that while this method can increase the probability of success, it does not guarantee profitable trades every time. My goal is to help you understand how to gather and interpret multiple pieces of technical evidence to gain an edge in your trading decisions.

Stocks vs. Options - Why I Trade Options!

In this video, I compare trading stocks to trading options and explain why I primarily choose options. I demonstrate how trading options requires less capital and smaller price movements to achieve the same profit as trading stocks. Using Tesla as an example, I calculate the substantial capital needed and the price movement required to make $1,000 with stocks. I then illustrate how options offer the same profit potential with significantly less capital and movement, sharing a real trade where I earned $1,000 in just 19 seconds using options. I emphasize the importance of proper education when trading options due to their inherent risks. Additionally, I discuss how options trading can be accessible even for those with smaller account sizes by choosing different strike prices. For those interested in learning more, I offer a free class on the basics of day trading options.

How to Spot Fake Trading

In this video, I demonstrate a method to determine whether a trader is using real money or engaging in paper trading. I address an accusation that my trading is fake and provide technical evidence from my trading platform to refute this claim. By examining the 'contra' or 'route' column, specifically the absence of the word 'demo', we can verify the authenticity of trades. I chow different trading platforms display order routing information and why this is crucial for validating real trading activity. I also discuss the importance of not judging a trader's success based on superficial appearances. My goal is to educate viewers on how to critically assess trading videos and identify genuine trading practices.

The Bull Flag Technical Pattern for Beginners

I discuss the bull flag technical pattern, a crucial tool for beginners in technical analysis and charting. This pattern allows us to identify momentum and strength in a stock's movement, providing a logical framework for entering trades. Using IONQ as an example, I illustrate how the bull flag pattern is formed through the pole (sustained upward movement) and the flag (downward pullback). We explore ways to trade this pattern, either by buying at the lower trendline or waiting for a breakout. By understanding the components of the bull flag, we can position ourselves in scenarios where momentum is likely to continue. This approach helps avoid the pitfalls of buying at the top and enhances our trading confidence.

I Told Members this Stock was Sketchy

In this video, I analyze a recent situation involving the stock DJT, which presented a "gap and trap" pattern. Before the market opened, I alerted my community to the potential risks, emphasizing caution. We examine the stock's price action, discuss the importance of being part of an experienced trading community, and highlight the dangers of holding onto losing positions in the hope of recovery. By dissecting this real-world example, we reinforce critical trading principles and risk management strategies.

Election Results… My Thoughts as a Trader

In this video, I address the impact of election results on trading strategies and the importance of personal accountability in trading success. Regardless of political outcomes, the essential factors influencing trading performance are individual risk management, strategy, and effort. Drawing from over two decades of trading experience and coaching traders since 2013, I emphasize that market fluctuations are constants, and successful trading depends on the person in the mirror.

Texas Stock Exchange - Huh?

In this video, I explore the emergence of the Texas Stock Exchange and its potential impact on the financial markets. The Texas Stock Exchange, announced in June 2023, plans to register with the U.S. Securities and Exchange Commission, backed by BlackRock. Notable figures such as Rick Perry, former governor of Texas and U.S. Energy Secretary, and Rick Roberts, a former SEC commissioner, have joined its board of directors. The exchange has also attracted staff from Nasdaq and the New York Stock Exchange.

We examine the exchange's progress toward a potential 2025 launch, including its secured funding of $135 million. I question whether this amount is sufficient to compete with established platforms like the NYSE, considering their vast resources and market presence. We discuss the implications of increased competition among stock exchanges and how it might benefit market participants by providing more choices and fostering innovation.

Furthermore, I reflect on the possibility that the NYSE's consideration of extending trading hours to 22 hours a day could be a strategic response to the new Texas Stock Exchange. I encourage you to share your thoughts on this development and its potential effects on traders, investors, and the broader market.

ClayTrader Chatroom: What’s It Like?

In this video, I provide an in-depth look into the technical details of our trading chatroom and the features that make it a valuable tool for traders. Using Discord as our primary platform, I explain how this community is structured, focusing on the benefits of sharing trade insights, observing price movements, and analyzing technical indicators. This chatroom offers a unique, interactive approach for traders who prioritize technical analysis, with the ability to post and comment on images, set alerts, and monitor key trends.

The example shared here highlights the power of having multiple perspectives when assessing potential setups, as I demonstrate with a real-time trendline analysis. This setup illustrates how price action plays out around trendlines and how real-time chatroom discussions can uncover critical entry points that one person alone might miss. Our community of technical traders utilizes candlestick patterns, moving averages, and chart setups, ensuring that you’re surrounded by others who share a similar trading style and mindset.

If you're new to technical trading or simply interested in learning more about our setup, you’ll find a behind-the-scenes tour linked in the description, which walks you through each feature in greater detail.