The Stock Trading Reality Podcast

Being wealthy is something we all dream of. I say this with complete confidence because I define "wealthy" a much different way than many may. To be honest though, even if you want to be wealthy in the sense of driving a Rolls Royce, there are some initial steps that you must take in order to make that dream a reality. Whether you acknowledge it or not, there is one fact that we ALL have in common...

We've done many interviews at this point in our podcasting journey, but thinking off the top of my head, I can only think of one other person who is taking the approach Ward (our guest and chat room member) is using. According to Ward's logic, which makes perfect sense to me, he is first focusing on developing as a person, to which he believes will then allow him to develop better as a trader. The...

If there is one personality trait that is a "must have" for long term trading success, I think I'd choose: self awareness. If you are not being honest with yourself and admitting what needs to be admitted, you will spin your wheels in the mud and never improve. Chat room member, Eric, is a shining example of being self aware and using that personality trait to progress his path forward. I really e...

I really enjoyed this interview because it was a change of pace (in a good way). We've had many guests who rant and rave about the power of options, which is true for sure, however our guest (minor spoiler) was not a huge fan and chose another trading opportunity: Forex (the trading of currencies). Chezz and I sit down with community member Jaime and hear all about his journey with options and why...

When it comes to just flat out being lucky, in the history of the podcast, I think we have a new winner! To give credit where credit is due, our community member, Josh, worked hard and saved up $1,000. So it is not a situation where he just lucked out in regards to having money, but yeah... I don't want to run anything, just listen - haha. After the initial luckiness, Josh quickly discovered that...

The concept is nothing new. For you longer time listeners, you've heard it time and time again... not to mention, you've probably done it yourself: make mistakes. Our guest, Thomas (alias in the chat room is "thwidra"), did exactly that, but he provides an excellent example of how traders need to blame themselves, not others, and then improve. He actually made some money at the start to, but quick...

Confidence is a great thing to have in the world of trading the markets, there is no doubt about it. With that being said, if you allow the confidence to transition into stubbornness, your trading capital is going to get smaller in size. Our guest, Tony ("TonyAcaiBowls" in the chat room), walks us through his journey where this whole idea played a pivotal role in creating some headaches. The one c...

Yes, it is possible to make progress as a trader without spending a dime on education; however, you better have a great source of income via a normal J-O-B. This concept is exactly what we see unfold with our guest Mark Raison (same name in the chat room). He decided to venture the sea of free information himself, and it proved to be a very very costly and frustrating experience. In fact, listenin...

Did I ever think I'd "talk trading" with someone from El Salvador? Absolutely not! But hey, that's the great thing about the podcast, it is allowing us to hear about journeys from literally all over the world. We speak with chat room member, "DarthRay" about his journey, which includes getting lured into a group where the leader was eventually sent to jail for essentially operating a Ponzi scheme....

Freedom of time is a very noble goal as it allows for you to pursue avenues of life that may not otherwise be realistic. This is what community member "Dukes" (same name in chat room) used as his motivation to learn how to trade the markets. By using trades as a vehicle to free up his time, Dukes is able to strive after his dreams of building upon his acting career. I really enjoyed this interview...

I'm sure some will look at this trader's journey and think it was filled with "boring" at the start. Our guest, Tim (alias in the chat room, "EarlyDawg"), may not have come out of the gates with guns-a-blazin', but he did come out of the gates the way it is supposed to be done. In terms of "how do I start to trade?", Tim lays a great blueprint for the steps to take. With that being said, even when...

This person is one mentally tough cookie. Our guest, David ("David from Columbus" in the chat room), took quite the tough-love-beating during his first few months as a member of the community. He was doing many things that we tried to warn him about, but he was... stubborn. To his credit, and why I respect him so much, he took the tough love like it was meant to be taken and factored it into his j...

Having capital to trade with: check. Having a large cushion fund: check. Clearing away all debt before starting: check. Talk about putting yourself in a great spot to succeed, and that's what chat room member Jon (alias "ttJon") did. There was something else that occurred too, which would seem like a good thing... he made 300% return on his first trade... but was it a good thing? Did this big gain...

I'm not sure you could start out a trading journey any better than quadrupling your initial account. Trading chat room member Mike ("JustMike" alias) did exactly that when he first began. With such a strong opening act, was it all just rainbows and sweet old ladies for Mike, or were there some bumps to come? Thanks to Mike's openness about everything, Chezz and I were offered up many friendly remi...

If you are a member of the community and spend any amount of time in the chat room, I'm confident that you are at least familiar with our guest, Parker. He absolutely loves his technical analysis charts and is always posting them in the chat room so other members can "visualize this thoughts" in regards to a trade. In fact, while we recorded this interview, he posted a few charts in the chat room...

Working for the world famous sports broadcasting company of ESPN, I can see how that would be a "dream job". Our guest from the community, Hamlet, through hard work and dedication was able to achieve this goal of his. One would think that he had reached the pinnacle of his ambitions and would just continue to build from there; however, this all lead Hamlet to the world of trading and the markets....

Chezz and I once again are venturing to the southern hemisphere to talk with a trader from Chile. I say "once again" because this is actually the second trader we've talked to from the country of Chile... pretty cool! Nicolas (chat room alias "Sazu") takes us on a wild ride which starts with him basically knowing nothing about the market (which includes him thinking penny stocks are a "good idea")...

We love to preach about forming good habits around the community, and this interview gives us a shining example of 'why' that is the case. Thanks to Donald's (chat room alias, "Speedster47") openness about his journey, we get to see not only how bad habits can creep into a strategy, but more importantly, just how annoying/difficult they can be to get rid of. If you take anything away from this dis...

Trading journals are a part of the markets that can be very beneficial, especially to those people who are beginners in trading. Max ("Maximus" in the chat room) shares with us just how his trading journal has been preparing him to go live with real money. We discuss many other interesting topics too, but the part that really stuck out in my mind was how organized he is in tracking all his trades....

We decided to celebrate episode number 75 by bringing on a well known member of the community, "h00ch". There was not any agenda predetermined for the show as our goal was to stumble down as many different rabbit holes as possible. The one topic that we got stuck on for quite a bit was full time trading. Trading full time is a goal that many people have, and while it is certainly possible, there a...

It's not a new topic of conversation by any means; however, it is one that is always worth repeating given so many new traders believe certain things that are NOT true. This is especially true when it comes to smaller accounts and penny stocks. Our guest, Keith (chat room alias, "KrazyInTheKeys") talks about his experience with this very topic. He stumbled into penny stocks believing it was where...

Thanks to a popular Hollywood movie, chat room member Devin was drawn into the stock market. His first pit stop in the markets was the wonderful world of penny stocks where he wandered around surrounded by sharks and wolves. Devin was given some money by his Dad to assist in his trading, so did having more money at his disposal make trading any easier? The crazy thing is, Devin hit some good solid...

Thanks to the Canadian government and technology, our guest was introduced to the trading markets, and has essentially never looked back. Vincent (chat room alias, "trader-vic"), as many do, became addicted to the markets and simply put, "just wanted to trade." This lead him to the whole mindset of learning on the job... and... well... I'll let him tell you how all that went. Oddly enough, his day...

We've interviewed some members of the community who do not talk much in the chat room (totally fine, variety is a good thing!), but in this episode, Chezz and I get to hang out with a well known member, "Mr. Bee". Unlike many other traders (myself included), Mr. Bee never struggled with the concept of admitting he was wrong and cutting a loser fast, but he found himself challenged with the other a...

I really enjoy this interview as it takes a different approach and gives us a very valuable lesson. Many people think if they understand that trading is not a "get rich quick" venture, they're already on the path to easy success. Don't get me wrong, understanding this principle is extremely important, but as our interview with chat room member Kent shows, there is much more to trading then simply...