The Stock Trading Reality Podcast

A simple, but extremely annoying word within the trading realm: rules. You absolutely need to have them if you want to survive in the markets. At the same time though, following the rules can create all sorts of headaches and frustrations. Here's the thing though, as I talk about with our guest Eric, when you have rules and follow them, you'll do less. For you longer term listeners of the show, yo...

It's been a long time since I've met up with community members in person. There was this thing called Covid that made these sorts of "meet ups" a bit challenging. With Covid now behind us, we finally were able to set up another event in Arizona. I wanted to walk you through the experience and from my point of view and hopefully give you an idea of just how awesome/normal our community is. Maybe yo...

Don't have the time to trade? Sorry. I'm not buying it! The amazing fact of the financial markets is if you have a great enough desire to trade, you can find a way! My guest, Vinny, is a prime example of this fact. He is the owner of a small family business, yet, has still found the time to learn to trade. Not only has he learned to trade while running a pizza joint, he has now begun to find some...

This episode takes a bit different shape than normal. Our guest, Jason, has been on the show before and he's back to update us on his journey. As a minor spoiler alert, Jason's journey so far has still been pretty rough. He's not back telling us how he is now making millions of dollars or anything of the sort. Because of this, I would call this episode more of a "coaching call" than anything else....

The journey of any successful trader in regards to their rules is pretty universal. The first stage being imagined rules, the next being loose rules and then finally, tight rules. As you veteran traders know, you can't have a viable and consistently profitable strategy if you don't have rules in place. When you have loose rules, well… that's where our guest from the community, Taf, comes into play...

In my opinion, one of the most productive aspects of doing this podcast is the opportunity to gain insights into certain perspectives. When doing so, I certainly benefit and hopefully… you do too! My guest, Rick, has a mind for numbers and systematic thinking given he teaches math. I realize many people have a love/hate relationship with the subject of math, but I would hope we can all agree, it t...

Signal software, have you seen it? There's a variety of software and programs being sold that promise to show you da money! A simple search can yield an overwhelming abundance of results. But, what's the truth behind these signal software? Does it work? This is where we my guest, John (chatroom alias "JohnSwift"), brings great value to the discussion. He self admittedly has been using a signal sof...

I know I've covered this topic before, but as long as the media pushes such narratives driven by insanely biased "studies", I will be here to explain reality. This is not a matter of whether or not I believe you understand how things work, but rather, I want to share with you a simple explanation process to share with those you come across who believe these lies. According to a new Oxfam study, lo...

Data. A very boring word no doubt. When I hear the word "data" I think of geeky scientists in their white lab coats typing away on their calculators. For me, as someone who is by no means a genius, the word carries with it a bit of intimidation because I'm not smart enough to be some geeky scientist in a white lab coat! Whether you are a beginner trader or someone who has experience but is still f...

If you enjoy a good mystery, you'll love this episode. I say this with all seriousness, but if you can figure out the "why" behind the actions from our guest, we'd love to hear from you! In this episode, we welcome back Nick ("SecondChance" chatroom alias) and catch up on what has been going on in his personal journey. We spend quite a bit of time focusing on "Nick moments" and I find myself stump...

Ready for a wild ride? This has gotta be the first time that acid and shrooms lead someone into the world of trading. No, that's not a joke! My guest, Robert, held nothing back in sharing his story with us. It was shocking at times, but it was raw and honest! I don't want to say much here as I'd hate to ruin anything. All I can and will say is, if you like wild rides and dramatic stories, you'll h...

I've had an encounter with the mafia! Well, not really but I think my guest this episode is about as close as I'll get given his, amazing, accent. Believe it or not, the previous statement actually pertains to an underlying theme of my discussion with fellow community member Frank. The mafia does not care your reasoning for anything if you are not behaving as you should within their system of busi...

First off, Happy New Year! I wish you nothing but the best for this upcoming new year! I have mixed feelings on New Year resolutions. I'm not opposed to them, but at the same time, they do seem a bit overdramatized. In this solo episode, I want to throw something your way for you to consider this new year. I want you to understand that time machines do exist! In fact, they are all around you when...

Progress. Regardless of what you are trying to accomplish in life, that's the core goal. It is no different within the world of trading and investing. We all start out in the same exact spot: brand new and knowing nothing. From that point it's all about making progress. This brings up the interesting and important philosophical question though: what is, "actual", progress? No matter what you do, y...

Let me state the obvious. Everyone in the markets has one fact in common: we all started out as new traders. I will make another assumption about us all as traders and people: we value our time. When you combine these two facts, it would make sense to find value in time efficient learning strategies. My guest from our community, Jamie, is focused on doing exactly that. Jamie is going about his tra...

There's no way around it. As traders and investors, "fine tuning" must take place in order to truly build a valid strategy. I'll be the first to admit that fine tuning can be really annoying. Sometimes just showing up and applying broad strokes is so much better due to the, deceivingly, time efficiency. This is why not fine tuning is so dangerous. The extra time is where the details are revealed a...

All of this was pretty unintended. I routinely have people asking me about my thoughts on cryptocurrency, so I chose to do a quick social media post explaining my personal long term investment and wealth building/preserving strategy. For me, I feel most comfortable and at ease with assets that have, real, value. This opened up a can of worms as the crypto diehards showed up and droves to try and r...

Have you been there? Something happens within your trading and it is as if someone else takes over your body in pure anger and rage? To the person who has never traded with real money, it's easy to sit back and proclaim, "I would never let myself lose control in such a way!". To the person who has experience trading with real money, it's a feeling that we've all encountered. In this episode, I wel...

We did it! We've hit our 400th episodes in a row without missing a single Monday release! I say "we" because you as a loyal listener keep the motivation fire kindled to continue to find volunteer guests. The fact we've been able to find people to volunteer of their time for 400 weeks in a row is a testament to the quality of people in our community. For this special episode, I wanted to bring back...

Anything you do in life will have phases. This fact is no different when it comes to the world of trading. What I have learned over the years of doing this show and talking with almost 400 traders is most phases are, broadly speaking, the same. The big difference arises in regards to how these phases are approached and navigated. This episode, fellow member Eli breaks down the various stages he ha...

There are some people you just sit back and say, "can I be your friend?". They are just so similar to your approach towards solving problems and overcoming hurdles that it would be foolish to not want to build a relationship with them. My guest, Ashlee (chatroom alias "SassyPantsAsh"), is one of those people. She has been through a whole lot in life, particularly back during the real estate disast...

One of the most (if not "thee" most) powerful facts about the market is how flexible it allows you to be as both a trader and investor. When you first get started in the markets, most people get laser focused on a single type of market. In this day and age new traders and investors show up locked in on either the stock or crptocurrency market. While I can fully understand how this happens, you are...

Do you hang around people that make life harder than it needs to be? Let me be very clear to set the stage: life is hard. I'm not implying that life is easy or anything of this nature. The area I want to dig a bit more into (looking at a real world situation) is how some people choose to make life way more difficult than it needs to be. How does this relate to trading and investing? The smoother y...

You certainly aren't crazy. You by no means are being irrational. Using the logic, "I'll learn from the internet" makes perfect sense in today's age of technology. You can jump online and before you know it, you have information, opinions, facts, tools, etc. all being thrown at you in an instant… at the same time! A glaring problem quickly arises when you are new and you don't know what you don't...

I always enjoy talking with successful people. There is constantly something to learn in one form or another. When you just sit back and listen, you can gather little bits (or who knows, big bits?) of wisdom through their experiments and general experience. When you applies these dynamics to your own life, things only get better. In this episode, I welcome back fellow member Sean for an update on...