The Stock Trading Reality Podcast

One of the big traps that I see many traders fall into is using the logic that the more complicated something is, the more effective it will be. While I do completely understand this thought process of thinking "the more you put in, the more you will get out", when it comes to the world of trading, often times it can be very misleading. Thanks to community member Alex (chatroom alias, "LTP"), we h...

An account that is slowly getting smaller and smaller. Are you there? Have you been there? Do you feel like you could be there once the "luck runs out"? All traders will eventually come to a point where you need to look in the mirror and admit to yourself, "I don't know what I'm doing!" Sure, some traders will have the exciting firework situation of one or two trades that wreck an account; however...

I'm flying solo in this episodes as I wanted to touch on a simple, but extremely powerful topic within the world of trading success. I am keeping this short and sweet; however, please do not lead you to believe that it therefore is not as important a concept. This may sound dramatic but I will stand firmly behind this comment: the topic of trading passion is one of (if not the most) important conc...

One of the most important points of understanding all traders must realize is that markets are constantly changing. Now of course they don't change in the sense that prices stop going up and down, but they do change in the overall flow and movements. Because of this, one strategy could be working very well to only begin to suffer from hiccups and dynamics that were not experienced before. I will a...

We've all been there, or who knows, maybe you are there right now? A place where you are not quite a brand new beginner to the world of trading; however, nowhere close to having maximum confidence in your trading system and strategy. It's a gray area that everyone must go through in order to achieve their goals, and in this episode, we have a great illustration of what that gray area looks like. I...

If there is one potential pitfall that all of us traders need to always be aware of, it is this: pressure! I get it (and while true), pressure can help build character and make us better in many areas of life; however, when it comes to trading it can do a whole lot of damage. Thanks to follow member, Donnie, being open and honest about his trading journey so far, we have a fantastic real life exam...

One impression of the markets I have seen come up over and over again is that you need to be rich and loving taking all kinds of risks. In other words, the stock market is only for rich people who love to gamble and take on risk. Who knows, perhaps you are thinking this way right now as you read this? If you do have this impression, hey.. you're not alone! In fact, my guest from the community Jose...

There are many situations in the world that create a sense of pressure. In my personal experience (and I'm guessing yours too), one of the most unique situations of feeling pressure is within the realm of trading. It's hard to explain to someone who has never risked their own money, but there is a very REAL sense of pressure that arises during a trade. It doesn't matter what you're trading: stocks...

Are you someone who is interested in the markets and learning how to make money, but you don't think you have the required time? You will without doubt find great value in this discussion! I can't think of anyone who is busier than a full time mom (who also works a part time job) and that's our guests situation. Fellow community member Locksley shares her journey through the markets and gives us a...

Wow. That's really all I can say. Can you image looking at your bank accounts and seeing that your net worth is, quite literally, negative $11? I'll be honest. I'm not quite sure I can imagine being in that situation. When you talk about "bottom of the barrel" situations, this episodes guest, Carducci, may take the award. That's where he found himself though, a depressing situation where he had no...

It will happen. I don't now when, I don't know what will cause it, but it's going to happen to you at some point in your trading journey. This event? The day of reckoning. The day where you will need to truly look into the mirror and make that ultimate decision of "what's next?" It's not a pleasant time, but I feel as though it is something that needs to happen in order to determine the viability...

These are some of the best episodes I can offer. In my mind, there is nothing more powerful than talking with someone who has a roadblock that needs to be overcome, yet, instead of complaining about it and using it to come up with excuses, they rise to the occasion and overcome it! I understand. I really do. Sometimes life gets hard and can throw obstacles your way, but when you're willing to do w...

If you're not aware, things in the stock market have been absolutely nuts and in may ways, historic. I realize that there have been many other crazy times throughout the history of the stock market; however, this current period we are in is certainly something that has never been seen before. In fact, I am willing to go as far as calling it an entirely new market with some massive changes. I do st...

Let me first say this. I have nothing but respect and admiration for this episode's guest. He could have hid in the shadows and kept to himself. In fact, that would have been the easy choice to make. Instead, long time member of the community, Brian, volunteered to share his story of many mistakes. The most cost effective way to learn is to identify mistakes others have made, and then avoid those...

If you have zero fear in your pursuit of learning how to trade the markets, you have a problem! To be fair, in some situations fear is not a good emotion to experience; however, in other situations, I would argue it is a requirement if you want a chance at long term success! Thanks to our guest, Sylvain, we have an awesome look into how "fear" can be established and the self-awareness it requires....

It's one thing to "talk" about taking the needed actions to become a better trader; however, it is a whole other situation so "do" the actions. In this episode we have a trader who is sick and tired of their results and is now ready to step up and do anything and everything to hold themselves accountable. Long time member of our community, Walter, is not new to the markets. In fact, he has quite t...

I know. I get it. I really do! The financial markets are an amazing place where you can make lots of money all from the comfort of your own home or wherever you have internet access. The problem with that is, in the vast majority of situations, the person is rushing things and it ends up costing them much larger than had they "tip toed" in. We have a great example of this with our guest today, Luk...

If there is only one thing that all traders can agree and relate to, I think it would be the emotion of frustration! I'm well aware that the slogan of claytrader.com is "trade without emotion", but wow, to be fully transparent, frustration is a constant battle for me. Can you relate? Have you ever had frustration arise in one way or another within your trading journey? If you can answer 'yes', the...

We did it! We made it to episode 300! First off, a big thank you to all of you loyal listeners. Without your support, this show would have drifted off into the shadows many years ago; however, here we are 300 episodes later and still going strong! Second off, to all of you community members who have volunteered your time to share your story (whether good or bad), a massive thank you! Your willingn...

The most common dream I come across from people getting involved in trading and the markets has nothing to do with fancy cars or Rolex watches. It has to do with freedom of time and the ability to control their schedule as they see fit. In other words, they want to quit their 9-5 job and become a full time trader. In this episode I welcome back fellow member Johnny who was just on the show a few m...

There is nothing better than talking to someone who has no problem doing what needs to be done and finding opportunity. As a business owner myself and someone who firmly believes in creating multiple streams of income, it's always motivating and inspiring to talk to someone cut from the same clothe. In this episode I welcome back long time member Geoff ('crestronwizard' in chatroom) for this third...

I'm going international in this episode to welcome back long time member Nariman. Fair warning, if you are someone who enjoys looking for excuses and reasons on why you are not able to accomplish a goal or task, you will not like this episode or guest in the least. If you are someone who believes that "iron sharpens iron" and are in constant search of motivation and inspiration (no matter the pers...

I love simplicity. When things are simple, they're so much easier to put into motion and benefit from. In this episode I talk some SIMPLE science that can truly help us become better traders. Here's the best part about it all. Not only is the science simple, the way to "make it happen" is something that every single person who listens to this episode can do! I'm still amazed at how some of the mos...

Why is being a trader so hard? One of the most glaring issues is how the markets take personality traits, such as being ambitious, and totally twist them around and use them against the trader. Thanks to the openness of our guest, Harmon (his 2nd appearance on the show), we see how this cruel trick manifests itself within the market. Harmon is currently going through a rough patch within his tradi...

I love the people I talk to on this show. I truly do. People are not trying to portray themselves as something they're not. In fact, the exact opposite happens. People are being brutally upfront about their journeys so that we can all benefit from it. In this episode, I talk with fellow member Kelly about this journey and how he has ended up in a place he doesn't want to be, but needs to be. What...