The Stock Trading Reality Podcast

Imagine being entrusted with a piece of equipment that costs 10's of millions of dollars to design and construct. You don't entrust these sorts of things to just "any random person". You would need to ensure this is an above board person who approaches life in a structured way. My guest this episode, Scott, is exactly that.. an airline piolet who has been entrusted with some very large pieces of e...

Well… just when you think you've heard all the different approaches and attitudes about trading, you find something new! In this episode I talk Angele who looks through the trading lens in a very self ware way. She's a younger woman who is very smart. How smart? She majored in physics! With that being said, just because you are smart does not mean trading is easy. Angele is well aware of this and...

My data collecting has continued and now I'm to the point where I'm over 200 trades of what I call the Sniper Shot Strategy. At some point you need to draw the line and declare "this is enough data", and that's what I'm doing. I respect if you don't think over 200 trades is "enough", but I'd hope we can at least find a middle ground that is it no small number of trades either. While I'm not here t...

What would it be like for an investigative journalist to get into trading? We're about to find out. My guest, Rosemary, is a retired investigative journalist and someone who has dedicated her life to the craft of finding the truth and researching a topic from all angles. She now finds herself in a the foreign world of day trading where, if you're not careful, being eaten by "being overwhelmed" is...

Have you been there before? Maybe you are in the spot right this very moment? "I can learn how to trade all on my own, why pay when it's all on the internet and in books?". It's a fair objection and a more than reasonable thought process on your part. In fact, I would go as far as to say you would be somewhat irrational to think any other way. I mean let's be fair, the internet is filled with info...

If you're looking for an episode where the guest has done a whole lot of, wrong, things, look no further! These are the discussions which I believe help the most people. Don't get me wrong, hearing from someone who is super successful certainly brings with it motivation and inspiration to keep on fighting; however, that can also be hard to relate to. We've all done dumb things in our trading and h...

It's never too soon to start crushing it in life! In our culture today, there seems to be a narrative that younger people are at a massive disadvantage and have no hope. While I fully agree and understand that it's tough being young (we were all once at that point), to go along with the general narrative is false. My guest, Jackson, is one of several data points I've collected over the years dispr...

After 16 years, I'm making a change! Is it some kind of earth shattering change? To me it is, haha, but to you it might be a bit anti-climatic. With that being said, I still think there is a lesson to be learned no matter where you are currently residing in your trading journey. I've been a trader for almost 20 years now and I'm constantly learning new things about myself, with this episode pointi...

I welcome back a great friend of the show and community, Michelle. This is her third appearance, including episode 400 which has been one of our most popular. In this discussion we go down some fun rabbit holes that turn out to be very fruitful. One of those holes in regards to "being calm" and the importance of doing whatever needs to be done to "find the calm" is something ALL traders better be...

For those of you long time listeners, "HeyFordy" should sound familiar to you! He's been around the community for several years now with this being his fourth podcast appearance. I'll be upfront. Has anything really changed for "Fordy" since we last spoke around 18 months ago? It has not. He's still doing the same types of trading with the same approach. With that being said, is there value in lis...

It's time to welcome back our good friend Brandon. Within our trading community he's much better known as "BRosi". What I've always appreciated about Brandon is his willingness to share his trading results, both good and bad. Even more-so, his ability to take constructive criticism is motivational. There have been a few times in the past where I came down hard on him (out of love) and instead of g...

My good friend is back. The one, the only… Nate Wilson! He's been around since basically the start of the site and has become a close friend. How close? Nate's Dad and I are king of the cornhole circuit! Nate always tells me what I need to hear, not what I want to (a sign of a good friend). Relatively recently he was telling me about SPX options and how they might be worth learning about. I took h...

I'm currently in the middle of a bit of a transition within my trading. As always, through my YouTube channel playlist of "live trades", people have taken notice. Members of our chatroom community know I've been in the middle of this transition; however, others are now noticing. With this has come some very interesting YouTube comments that lead us into what I believe to be an important learning l...

Let me be clear. If you are defining "baller" as having a fleet of private jets and mansions around the world, then you'll be disappointed. If you are open to the idea of a "baller" as someone who is constantly looking to make "the system" work for him and denying excuses whenever he can, you're really going to enjoy this episode! I welcome fellow member Andy ("FI Andy" is the chatroom) to the sho...

The Viking is back! For those of you long time members, the name "Norse" should strike a chord in your memory. It's been several years since I've spoken with Norse, but he emailed me out of the blue and offered to come update us on his journey. I (obviously) accepted his gesture and scheduled a conversation. Norse is someone who specializes in the world of Forex trading and has gotten significantl...

Warning! As I always do, if you are someone who loves to seek out excuses and use them whenever possible, you will not enjoy this episode! One of my favorite parts about this episode is my guest, Anthony ("Busta" in the chatroom) just turned 18! If you are a younger person, then you without question need to be listening to this episode. With that being said, even if you are older, there's still pl...

I love talking with the variety of traders I do. Some are brand new to the point they've never even traded with real money. Others are in valleys of desperation and frustration. Then we have those like this episode's guest, Dale, who are doing fantastic. Of course it was not always fantastic for Dale, but he's persevered through a whole lot and continues to only get better (and he's already real g...

I assume you are well aware that if you want to be a successful trader over an extended period of time, you need rules! Perhaps a more broad way of saying this is you need a valid strategy. This of course prompts the idea of "well, what makes up a strategy? How do you build one?" - the answer being, with rules! With all of that being said, are some rules more important than others? Or, are all tra...

I've always been impressed by this episode's guest. Joey (same alias in the chatroom community) has been a long time member and, from day one, has been very transparent about his journey. In fact, when I was getting more into options a couple years go, I had him come on a Tuesday night live webinar (for premium members) so I could ASK HIM questions. As the saying goes, "iron sharpens iron" and I c...

There are many challenges that come with being a trader. We are all facing different challenges at different levels. What do I mean by "different levels"? The worst level a trader can be at is struggling with their results and having no idea what is causing the issues. We've all been there! It's truly a terrible and demoralizing level to experience. You know their is a problem, but you just know w...

The toilet man is back! For you long time members of the community and listeners of the podcast, you should remember Jeremy. If you are a member of the community and chatroom, his alias is "RemmyTheRookie". He's been on the podcast multiple times over the years. He was one of our first guests back in 2014 and is still alive in the markets with plenty of bruises. I say that as a compliment though....

We're all at different spots within our journey. This is why anyone advertising an "one size fits all" strategy is misleading you. Unless the person knows your exact circumstances and goals, it's hard for them to have any idea what is best for you. In this episode's situation, it is someone who wants to retire, but stay active in their retirement via trading. Community member Paul was kind enough...

It's time for a trading challenge! I'm going to call it The Degenerate Gambler Trading Challenge #DGTC! In this video I want to explain why I'm doing the trading challenge and how it will work. I realize the title is a bit eye catching given what I preach on the channel; however, please watch the video so I can add in more context. This will be a challenge where I "think like a degenerate gambler...

We all have bad habits. Whether it is biting our nails or some other, "disgusting", habit, we're humans… we have them. In other words, if there was something that we all as humans could find common ground upon, it would be bad habits. Unfortunately, the world of trading does not insulate us from our human tendencies with habits. In this episode, fellow community Dave is an absolute open book about...

While I admit that every episode certainly has some common themes, which in and of itself is valuable (if you keep hearing the same things, maybe it's something YOU should be aware of!), every episode also has its own flavors. At times I speak with people who are completely brand new and have never traded with any real money. In other situations, I'm talking with people tossing around large chunks...