Learn To Trade Stocks and Options

Trading 101: How to Open a Trading Account

As basic as it may be for some people, when you are brand new and wanting to get involved in the stock market (or any financial market for that matter), one of the 'must have' tools in an actual trading account. How do you open one and then how does it function? If you make money, can you then go and spend it right away? The answers to these questions and more.

The Ultimate Guide to Finding the Best Online Stock Broker - https://claytrader.com/blog/best-online-stock-broker/

ClayTrader Mail: Risk $100 to Make $10. Good Plan?

Just because you are mentally using trading terminology such as "risk" doesn't automatically mean you are approaching the market with a logical strategy. There is no better example of this than here. It's a slippery slope that I see new traders walking all the time... they have a few very broad pieces in place, but when you look closer, there are some cracks that given enough time, will without question sink the overall strategy as a whole.

Our Ohio State Football Weekend. Come Along!

If you are not aware, I graduated from The Ohio State University… so yeah, you could call me a “fan” of the football program. Given I live in West Michigan near many Michigan State University fans (who happen to be my buddies), we decided to take a road trip down to Columbus, Ohio and watch the Spartans take on the Buckeyes. To add a little fuel to the fire, we had our buddy fly in from Baltimore (you’ve met him before) to hang out with us as he is a huge sports fan. We had a great time and learned a valuable lesson about just how good Las Vegas is when it comes to “setting the stage” for sports betting.

ClayTrader Mail: Screw Education.

I will give this person full respect for not being in denial about anything. They made it very clear that they were not interested in learning, they just simply wanted to make their money back. How exactly they thought this would be possible when they literally don't know what they're doing is a fantastic question, but this example goes to show that there are "attitudes" of all sorts in the market. Some of these attitudes, as you'll see here, make profitable opportunities for those of us who know what we're doing that much easier.

Friday Fun with Thor!

There was a new Marvel movie out, so given it is tradition at this point, Nate and I had ourselves a Friday Fun Day and went to see it. Afterwards we gave our thoughts and review of the movie, so if you're a geek like us and enjoy the Marvel movies, then come hang out with us!

Greedy Pig or Math Help? What is Your Trader Perspective?

Thanks to a comment I received on a YouTube video, I have decided to tackle a concept that is extremely important for all of us as traders. At the end of the day, the concept is all about how we view the markets and our trading from a mental point of view. Given trading is very much so a "mental game", you MUST have the proper outlook on it. Too many new traders are greedy piggies or don't understand math... let's get that problem taken care of and get your mind right.

My February Trading Results: Frustrating! - https://claytrader.com/blog/february-trading-results-frustrating/

Yes!!! The Mind Trick Worked! My March Trading Results. - https://claytrader.com/videos/mind-trick-worked-march-trading-results/

ClayTrader Mail: How to Gain a Competitive Advantage.

These are the people you are competing against within the market. You can either be one that takes advantages of the situations these people create, OR, you can be the one who is creating the situation that others are able to take advantage of. The choice is yours.

How I Use Inside Information for My Trading

It's time for another fireside chat where there is no fire. I want to discuss how I use inside information within my trading strategies. To be a bit more specific, I want to address the theory/accusation that I get thrown at me from time to time (perhaps you have to?) which states the tool of technical analysis (using "charts") is absolutely worthless because all a chart does is "tell you what ALREADY happened in the past". Have you heard this before? If not, it is only a matter of time before you do. I talk about why this thought process is one surrounded by ignorance and also show you proof of the results that I created just this past month by using the tool of charts.

How I Ruined My Month - https://claytrader.com/blog/how-i-ruined-my-month/

How My Rule Break Spanked Me for a $1,500 Loss - https://claytrader.com/blog/how-my-rule-break-spanked-me-for-a-1500-loss/

Setting Yourself Up for Trading Success

Of course, any new trader wants to learn how to trade and be a successful trader. While that's all nice and powerful to say, it's simply a general feel-good statement. How can this general statement be taken and turned into reality? That's what I want to discuss, but not with "theory", I want to use a real-life case study from a fellow member who set himself up for success and was able to recover from a rough patch. Get serious about your trading and establish a frame of reference. Let's discuss how.

The 90% Failure Rate Explained - https://claytrader.com/videos/90-failure-rate-explained/

ClayTrader Mail: The Dangers of the Internet... Ugh.

Bless this person's heart as I believe they were trying to help and not mislead, but WOW! If this real life example from a YouTube comment does not solidify just how risky it can be to depend on random bits of information from the internet, then nothing will. The internet is a great invention, no doubt about that, but ugh... please be careful out there when you're new!