Learn To Trade Stocks and Options

Day Trader Tip: Something ALL Traders Need to Care About...

Let's talk about a day trader tip that all traders need to consider and care about. The good news about this day trader tip is it is something everyone has the ability to factor into their trading approach. On the surface, this tip may not make much sense and may seem out of place for my channel, but please just hear me out on the logic behind why I believe this tip is 100% on topic to us as traders. Whether we are day traders or swing traders, we need to be doing everything in our power to leverage any possible situation in our favor. Surviving in the crazy world of the financial markets and avoiding turning into a gambler boils down to being as smart as possible. I've been trading since 2006 and the topic of this video is one of the areas that I see arise over and over again as a potential problem area. To be upfront and transparent, I am not saying that if you factor in this day trader tip that you'll all of a sudden start magically making money online; however, I 100% (and science backs me up) believe it can significantly improve your chances of gaining consistency as a trader. Let me share this day trader tip with you and offer up a solution that I can stand behind with first hand experience!

Social Media is Toxic... (mini rant)...

Before I say anything else, I am just as guilty as anyone else for falling into this toxic trap that social media creates. I want this video to be an encouragement to you and hopefully offer you up perspective and motivation as you try and maneuver your way through the crazy world of social media. I suppose this is a mini rant, but the way social media works and the toxicity it can deliver is quite irritating. I don't say this in an arrogant way, but just in a way to offer up context that I am in a more unique situation to speak on this social media topic. Given I do have a good amount of followers on the various sites, I get a routine stream of private messages from a variety of people. While I'm not going to throw any of these people under the bus, what I am going to do is share some insight with you that opens up the door of realism. By doing this, I hope you offer you up hope and motivation to NOT second guess yourself. I want you to realize that not everything is as it appears and to remind you to take your own journey at your own pace without letting social media influence your perspective. Let's get to it!

Invest into Stock Market or Pay Off Mortgage? (Personal Finance 101)

When it comes to hotly contested topics in the world of personal finance 101 and wealth building, the decision to invest into the stock market or pay off your mortgage is near the top of the list. Let me first say, if you are watching this video it tells me your mind is in the right place. You are clearly seeking out opinions on wealth building and being smart with your personal finances, so from that angle, we are all in agreement! So sure, you may not agree with my answer or reasoning behind it which is fine, but again, I'm just glad we both have the common ground of taking personal responsibility when it comes to our money and wealth building efforts. When it comes to answering this debate topic, for me it's all centered around risk. I like to look at this problem not from a mathematical point of view, but more-so, from a "real world" point of view in terms of who is better or worse off in certain situations. What do I think you should do? What do I believe is the wise financial decision when it comes to investing into the stock market or paying off your mortgage? Let's get to it.

Top Books for Learning How to Day Trade Stocks...

One of the most common questions I get is in regards to what books I recommend for learning how to day trade stocks, or any asset class for that matter. While it is a great question to be asking as it shows an openness to learning and taking trading seriously, there's a bit deeper of an answer than what appears on the surface. In order to answer this question in the most clear way, I first need to set up some overarching context regarding various learning strategies that can (and should) be used when developing new strategies or just learning for the first time. There are so many books out there which quickly prompts the feelings of being overwhelmed; however, the good news is, there are actually only a select few types of books that will be effective in teaching you what need to be understood. Let's do some looking into the various strategies to learn, and then it'll make a whole lot more sense on why the books I refer to are indeed the best.

Day Trading Online - Why You Will Fail... (fair warning)

Day trading online can offer many opportunities to make money; however, there are many challenges that can cause you to fail in your quest. One of these challenges that I can assure you will be a reason, "why you will fail", I share in this video. One part of being a beginner day trader and learning how to trade does involved numbers and some baseline facts. Sure, the math is nothing complicated and can all be done with a basic calculator; however, these areas that need to be learned are facts. The other part of trading and learning is about attitude. It's about your own mental landscape and how you view the world. Oftentimes someone's ability to learn how to day trade gets mixed up with intelligence levels. It's logical to think that only smart people can find success as traders and learn, but that's not true. Trading at the core is a very straight-forward skill. For those that have the right attitude, they give themselves the chance to find success. On the other hand, as you will see in this real life example I use, some people set themselves up for failure (no matter how book smart they are) because they have such a terrible attitude when it comes to their own egos and learning. Let me show you what I mean.

Who Is to (Actually) Blame for Causing Inflation...

It's all over the headlines: inflation! Whether you care about the economy or not, this topic has officially shown up in many visible places that is affecting the vast majority of people. If you are reading this, I'm assuming you are someone who is focused on establishing freedom for yourself by obtaining control of your finances and building wealth, so inflation is a topic that needs to be fully understood. I'll be upfront and disclose the fact that one of my main motives with this video is to try and get you behind a movement that I truly believe would make a massive difference in how the economy and wealth building functions. The sad part is, while there is all sorts of finger pointing and blame within the mainstream media headlines, very little blame is actually being cast on who I believe is the root cause of this inflation. Sure, it may be easier to blame the people who are being roasted; however, I'll try and boil this down to a bit of a simpler way of looking at things so you can learn how "the structure" of the system is set up which ultimately allows for inflation to take place. Let's take a closer look at this system and how a little change could have drastic (positive) effects.

MEME Stocks: The Good and The Bad (Stock Market 101)

Thanks to social media and message boards, MEMES in general have made their way into the explosive world of the stock market. If you are a beginner in the stock market and still at the 101 stage, these types of stocks are known as "MEME Stocks". This stocks have become pretty famous as they begin to make mainstream news headlines, and rightfully so, they've made many of their early investors a whole lot of money and profit! With that all being said, while there are plenty of "good" that come with the MEME stocks, you need to be very aware of the "bad" that also arises. It's very hard for beginner day traders to listen to this type of advice because, why should they? They've just made lots of money, so why would they think they've done anything wrong with their investment? It's a very tricky teaching territory to tread on, but I'll do my best and hopefully point out some big considerations that need to be made within your personal trading strategies and systems. 

A Very Risky Trading Strategy That Many Beginners Use... (yikes!)

Many beginner traders use a very risky strategy that exposes them to outcomes that they are not even aware of, yet can be very dangerous. I realize this may all sound a bit overly dramatic, but all I ask is you hear me out. I've been running claytrader.com and my YouTube channel since 2013 and I see this strategy being used over and over again. The problem with the strategy is the motivation behind it is most times noble and coming from a good place of "I'm trying to learn..." or "I'm trying to improve...". This meaningful intent is why the strategy is very risky. The strategy blinds you to the fact that you are truly putting yourself and understanding of various topics in very dangerous situations. In order to best see how this strategy works and why it is risky, we need to put ourselves in other people's shoes and take a look at the world through their eyes. By doing this, you are going to quickly see just how lazy this strategy is and how there are massive exposures to risk. Just remember, the world does not revolve around you and when you go through life operating under the assumption it does, that's not going to take you to places you want to go. Let me show you what I mean and how this strategy works.

Stock Investing For Beginners: How to Start Smart (and get paid!)

If you want to maximize your stock investing results, you need to focus on how to start smart! Stock investing for beginners can seem overwhelming and confusing; however, when the process is broken down into a few small decisions, it's actually very straight forward. If you want to build wealth with your personal finances and gain financial freedom, then you need to find a process to help you in that goal. Stock investing is a great way to build wealth, but you also want to be sure to implement the process as wisely as possible. Part of implementing the process is how you start and it's crazy how by making one small decision (that is only a click on your mouse), you can add more than $1,000 into your pocket. I realize this sounds dramatic, but part of success in investing is allowing time to work for you. In order to do this, it's all about starting now! If you are a beginner and want to get started smart with stock investing, let me show you how!

Why I (and you should) Love This Kind of Stress as a Day Trader

Being a day trader can be filled with a ton of emotions. In fact, so many emotions that some of them you never realized existed until you started day trading online! Given we are all human beings, there is nothing wrong with feeling the emotions while trading; however, if you begin to act upon them, that's where the problem lies. Our core job as day traders (or swing traders) is to learn how to manage the emotions and control them to the best of our ability so we can make consistent money online. One of the best methods I've found to control the emotions is to create emotions that benefit us and are totally easy to deal with. One of the best kind of emotions we can create for ourselves is a certain kind of stress. I realize this may sound counterproductive, but like me, I'm very confident you will absolutely love this kind of stress. How do you create emotions? How do you create this kind of stress? It's all about your trading strategy and how you manage the trade you are taking part in. Instead of trying to explain here "in theory", let me show you some of my personal day trading results that  better illustrate exactly what I'm referring to.