The Stock Trading Reality Podcast

We're back with another classic tale of getting punched in the teeth as a rookie. Thanks to our guest, Blake (those of you in the chat room community will known him as 'ElkTrout'), and his openness, we are given an insight into the dangers of approaching the market in… unwise….ways. I've met Blake in person on a few occasions and he's a class act who knows what it takes to work hard and fight back...

Before we hosted this discussion, our guest from the community, "Zep" (same name in chat room), sent us a lengthy email that had me quite nervous. I don't want to offer up any spoilers, so all I'll say is that while we as traders certainly need to strive for the best and hold ourselves accountable, we also don't want to go "too far" in accountability. It's a fine line for sure and an interesting g...

This is one of my all time favorite episodes. I don't want to offer up spoilers, so all I'll say is that if you ever find yourself feeling sorry for yourself or letting the victim card mentality "sneak in", remember our guest, "Zee". Zee is a member of the chatroom and someone I had the pleasure to meet at our Florida meet-and-greet event. I still remember talking to him in person and being blown...

This episode brings us a great talk with community member Anthony. While he's not completely new, he is still on the journey. His original idea was to use trading as supplemental income but realized that there is a lot more potential there. As Anthony kept learning more about the markets he realized that he had a lot more to learn. He spent a good amount of time reading books and watching video on...

Nothing like watching $1,000 disappear down the toilet with the time span of two weeks. Have you been there? I know I have when I first got started. In many ways, it's a rite of passage to watch your own money go "poof" when you first start trading. It does not need to be that way, assuming you take the proper steps, but most people (again, myself included) don't take the proper steps and experien...

We cover quite a bit in this discussion with fellow member Keith (same name in the chat room). We once again see that "free" is not actually free when it comes to YouTube videos and also how strategy hopping works and the hinderances it can create. The overarching point of context here is that Keith left his full time job to focus on trading, which, is a gutsy thing to do. If you are thinking of d...

One of the great things about the market is the lack of age requirements. If you have a passion and want to embark on the challenge, then let's go!, it's open to everyone. In this episode, we sit down with Adam (chatroom alias "EwokAvenger") who is still in college. I first started back in college so I always find these journeys interesting as I can normally relate to many aspects. The part that a...

My world was unexpectedly turned upside down with this discussion. I'll admit, at times my views can be quite rigid; however, hearing this person's story has shown me I maybe need a different approach at times. With all that being said, the pathway and moral-of-the-story was once again the same (and yet another data point): no excuses! Our guest, Ethan ("qualia" in the chat room), had an upbringin...

It's different for everyone, but many times, the wake-up call in regards to, "Hey, slow down!" comes in the form of a nasty account fire. Thanks to some very honest candor on this episode's guest, Josh, we all get to see (or reminded of) how dangerous the markets can be when approaching them without an actual plan. Sure, it never feels random at the time while everything is playing out, but just b...

In this episode we welcome back long time community member Dave (alias in chatroom, "SuperDave"). Like some trader's goals, Dave wants to eventually quit his full time job so we can work from home and be his own boss as a full time trader. While Dave has not yet accomplished the goal, he is well on his way and has actually cleared a key hurdle – that being, going from "full time hours" at his job...

The sooner we teach/show/demonstrate to kids and teenagers the various aspects of money, the quicker we are setting them up for longer term success. We have an awesome example of that thanks to a Grandpa leading by example. Our guest, Kainoa (same alias in chat room), had great parenting which jumpstarted his financial journey and has lead him to focusing on goals that will benefit him greatly. Th...

There is no avoiding it. As annoying and frustrating as it is, being wrong and having losing ideas is all part of trading the markets. Fellow chat room member Murray (alias in the trading room, "murman") tells us all about how he has learned to become comfortable with being wrong. We go down many other worthwhile rabbit holes too; however, in reflecting back on the discussion, the battle with losi...

This is Part 2. Be sure to listen to episode 181 in order to hear Mike's entire journey. Mike (chat room alias, "afroge") and I pick back up our discussion with a deeper look into his actual trading strategy. Although I am not someone who uses a whole lot of fundamental analysis myself, it was still an enjoyable conversation hearing about how he mixes fundamentals and technical together. For you l...

The sheer bluntness displayed in this interview I found completely refreshing and… well… honest. There is no need to sugarcoat or beat around the bush when it comes to how the market actually works. Bottom line, if you show up to trade and are underprepared, there are people out there who will take advantage of that fact and punish you. Our guest, Mike (chat room alias, 'afronge'), is one of those...

It all started with betting on sports. From that point forward, the pieces fell into place that allowed for a transition into the stock market and trading. Our guest, Burak (same name in the chat room) walks us through his journey of transitioning from sports to trading. The one benefit Burak had in his favor was he never treated sport's betting as a random gamble. He approached it in a very metho...

I still can't quite put my finger on it, but the way self-awareness as a person and trader was presented and explained truly intrigued me. Our guest, Wojtek (chatroom alias 'Surlymac'), started out with dollar signs in his eyes and wanting the good life. As he will explain, in very self-aware fashion, this lead him to become blinded to logic and reasoning. When logic and reason go out the window b...

It's always great to have younger people on the show as it demonstrates how the markets are for all ages, no matter your experience level in this thing we call life. Our guest, Matt (his chat room alias, "dewolf"), walks us through his journey thus far into the markets. Matt's journey is one I feel many will be able to relate to, but with that, also be able to take away from bits of information th...

What does it look like to go about becoming a full time trader the right way? Thanks to our guest, Geoff (chat room alias, 'CrestronWizard'), we are given a perfect example of how to wisely make this transition. Here's a minor spoiler: Geoff did not wake up one morning and randomly decide he wanted to be a full time trader, there was a bit more planning and preparation that went into the decision....

There is nothing worst then someone who agrees with every little thing you say in every little way possible. I'm thankful to say this is not the case in our discussion with longtime member Charlie (same name in the chatroom). I had the pleasure of meeting Charlie at our Denver meet-and-greet and I can say from personal experience he is a quality guy who is not a "yes man". Because of this, we had...

We have ourselves a shining example of why it is ignorant to make blanket statements when it comes to the millennial generation thanks to our guest. Ashton (alias in the chatroom, "bmxashton") is a young guy doing all the right things. Yes, it can easily be argued that perhaps he is missing out on "things" in the short run, but looking at the big picture, he's clearly setting himself up for succes...

We have situation that I think many people can relate to if they are honest with themselves. Depending on how you were raised or simply your general understanding of the markets, it can really create a challenging mental situation for yourself when you transition into the world of trading. Our guest, Evans (better known as "reboot" in the chat room) walks us through his journey and we go down some...

Things all started in a junkyard. From there it was infomercials, trading robots and everything in between. I don't want to ruin anything with details, but I will say our guest from the Inner Circle community, Trae ("traecampell77" in chat room), is a shining example of passion must be at the forefront of this business we call trading the markets. When you truly enjoy something, you can push throu...

I don't think I really need to say much other than this is Part 2. If you listened to Part 1 (episode 171), then I'm sure you are ready to go given the cliff hanger we left you at. So with that being said, let's pick back up with long time community member Paddy in his wild trading journey. Notes: After having a successful four days and going into the last trading day of the week, Paddy unfortunat...

We bring back a guest who many have said was their all time favorite. He was the first person we ever did a two part episode on, and once again… we have ourselves a two part episode. Our guest, best known as "Paddy" in the trading room community, takes time out of his schedule to update us on all the happenings since his last podcast appearance. I don't want to spoil anything, so all I'll say is i...

Time for some experimenting! We had a guest scheduled who wasn't able to show up, so given I had a block of time available, I wanted to give something a try. You never know unless you try right? This could be an epic failure, but that's okay… at least I'll know! With all that being said, please give me your thoughts and feedback on this format. You will not hurt my feelings either way, in fact, I'...