Learn To Trade Stocks and Options

We’re All Salespeople. Deal With It.

In this video, I discuss the fundamental concept that everyone is inherently a salesperson, regardless of their profession or personal inclinations. This topic is crucial as it interrelates with money management, trading, and investing. Understanding the role of sales in our daily lives can significantly impact financial success and personal growth.

I begin by addressing a common misconception that salespeople and businesses are solely driven by greed. While monetary gain is a factor, many also derive genuine satisfaction from their work. I emphasize that enjoying one's work and earning money are not mutually exclusive.

Furthermore, I explain that everyone sells their time in exchange for money. Whether in a traditional job or as an entrepreneur, we are all engaged in the act of selling our skills and time. The key to success is enhancing our skills to increase the value of our time, making it more marketable and profitable.

I also discuss the importance of continuous learning and skill improvement. By acquiring in-demand skills, individuals can command higher compensation for their time, improving their overall financial stability.

This video aims to dispel the negative stigma around sales and encourage viewers to recognize and embrace their role as salespeople. By doing so, they can better navigate the economic landscape and achieve greater financial success.

Trading 101: Open vs. Closed Profit and Loss (P&L)

In this video, I explore the fundamental concepts of open and closed positions in trading, specifically focusing on profit and loss (P&L). Understanding these principles is crucial for both novice and experienced traders. By distinguishing between open and closed positions, I clarify how they impact your potential to earn or lose money in the market. Using a real trading example, I demonstrate how P&L fluctuates with open positions and how it stabilizes once a position is closed. This video aims to provide a clear understanding of how these concepts work within a trading platform and the strategic decisions involved in managing trades.

Swing Trading: My Favorite Set-Up!

In this video, I present my favorite swing trading setup, focusing on the key indicators that signal a high-probability trade. This setup is characterized by a significant surge in trading volume without a corresponding price movement, a phenomenon I call a "volume alert." By analyzing recent trades and demonstrating how this setup has led to substantial gains, I provide a comprehensive understanding of its mechanics and potential. Through detailed chart analysis and step-by-step explanations, I aim to equip you with the knowledge to identify and capitalize on these rare but profitable opportunities. This technical analysis video is designed to enhance your trading strategy by focusing on volume-price relationships and their implications in swing trading.

Create Dividends for Yourself! Here’s How

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In this instructional video, I demonstrate how to generate significant dividends for yourself through smart spending practices. By leveraging discount gift card sites like Raise.com, I explain how you can save money on purchases you’re already planning to make, effectively creating a substantial return on your investment. This method is particularly useful for traders and investors looking to maximize their capital. Through a step-by-step process, I showcase how to achieve an 18% dividend on a typical family purchase, such as ordering pizza for movie night. Additionally, I explore how this strategy can be applied to larger expenses, such as home improvement projects, to yield even greater savings. By the end of the video, you will understand how to apply these techniques to save over $2,600 in your everyday spending, emphasizing the adage "a penny saved is a penny earned."

Should Short Selling Be Banned?

In this video, I critically analyze the debate surrounding the potential banning of short selling. This discourse aims to provide a balanced perspective on the implications and misconceptions associated with short selling. My objective is not to convince but to present key arguments, enabling viewers to form their own informed opinions. The discussion encompasses the differentiation between wanting a company to fail versus believing it will fail, the impact of short selling on market dynamics, and the phenomena of short squeezes. By examining these facets, I aim to clarify why short selling should not be banned.

Are You a Beginner? Use this Trading Platform IF…

In this video, I present a comprehensive overview of Webull, a trading platform tailored for beginner day traders. I outline five critical considerations, termed "ifs," to help determine if Webull is the right choice for your trading needs. This analysis emphasizes practical aspects of account size, trading speed, charting capabilities, asset variety, and the importance of practice through paper trading.

Key points discussed include the importance of building good habits regardless of account size, the benefits of trading with a minimum of $500, and the platform's provision of zero-commission trades for those who do not require high-speed execution. Additionally, I highlight the quality of Webull's charting tools, suitable for technical traders, and the platform's support for various assets, including stocks, options, crypto, and futures. Finally, I emphasize the value of Webull's paper trading feature, which allows traders to practice and refine their strategies without financial risk.

By addressing these critical "ifs," I aim to provide a clear and objective assessment to help you decide if Webull aligns with your trading goals.

The $100 Rule: How Much Money for Trading?

In this video, I address the frequently asked question: "How much money do you need to start trading?" I utilize the $100 rule to provide a mathematical framework for understanding this concept. By breaking down different starting amounts and the required percentage gains to achieve a $100 profit, I demonstrate how initial capital influences trading success.

First, I discuss the scenario of starting with $100 and aiming for a $100 profit, which requires a 100% return on investment. This scenario illustrates the challenge of achieving high returns with a small initial investment. Next, I explore the impact of starting with $200, reducing the required return to 50%, and further with $500, where only a 20% return is necessary. These examples emphasize how having more capital reduces the required rate of return, making it easier to achieve financial goals.

The key takeaway is that the amount of money needed to start trading depends on your specific goals. Whether aiming for substantial gains, such as purchasing a private jet, or simply looking to cover monthly bills, the more capital you start with, the easier it is to reach your targets. However, it's crucial to have a solid trading strategy and risk management plan in place. Without these, the initial investment amount becomes irrelevant, as poor trading decisions can lead to significant losses.

By understanding and applying the $100 rule, you can better align your trading expectations with reality and set more achievable financial goals.

Day Trading Advice from Reddit

In this video, I provide a comprehensive analysis of day trading advice found on Reddit. I examine various pieces of advice and discern the valid insights from the misleading ones. My goal is to highlight the importance of critical thinking when engaging with online trading communities and emphasize the necessity of effective risk management. I also address common misconceptions, such as the perceived necessity of studying economics for day trading and the myth that retail traders lack power in the market. By dissecting and responding to these points, I aim to provide a clear, educational resource for aspiring day traders.

What is the Best Trading Broker? - Work Backwards!

In this video, I aim to address the common misconception regarding the importance of selecting a trading broker and platform. Contrary to popular belief, the choice of a broker and platform should be one of the last considerations. To effectively determine the best trading setup, it is crucial to first identify what you want to trade—whether it's stocks, options, crypto, forex, or futures. Understanding your specific trading goals and risk tolerance is essential before selecting the appropriate broker and platform that aligns with these preferences. This video provides a detailed guide on how to approach these decisions, ensuring you make informed and strategic choices. We will explore different brokers like Lightspeed and Webull, discussing their features, benefits, and suitability based on individual trading styles and requirements.

Trading Strategy Development: Red Flags

See data from 509 trades: CLICK HERE (https://claytrader.com/videos/spx-options-trading-as-a-side-hustle-my-results-from-509-trades/) In this video, I discuss critical aspects of trading strategy development, emphasizing the importance of recognizing red flags that can save you time, prevent headaches, and avoid false hope. I examine a YouTube comment and identify several key red flags that experienced traders should be aware of to refine their strategies effectively. First, I highlight the pitfalls of over-reliance on newly discovered indicators, which often lead to misguided optimism. All indicators are derived from fundamental market data such as price action and volume, making the discovery of a genuinely novel indicator improbable. Next, I challenge the unrealistic expectation of achieving a 100% win rate, explaining that such claims are typically indicative of flawed analysis or statistical misinterpretation. Lastly, I underscore the necessity of a substantial sample size and adequate time frame to validate any trading strategy, cautioning against premature conclusions based on limited data. By focusing on these red flags, traders can develop more robust and realistic strategies, ultimately enhancing their trading performance and avoiding the disappointment of unmet expectations.