The Stock Trading Reality Podcast

Ever heard of the K.I.S.S. method? "Keep-It-Simple-Stupid".... I'm a big believer in it as I've learned that not only with trading, but many areas in life, the more simple it is, the more likely it is to happen. With that being said, when it comes to approaches to the market and trading strategy, we may have a new winner when it comes to keeping it simple. My guest from our community, Andre, share...

Talk about a good problem to have! Finding yourself in a position where your career is doing extremely well, but, still wanting to trade. That's the exact position long time member, Diego, is experiencing. This is Diego's third appearance on the podcast and a whole lot has changed since his last appearance. His career continues to bloom and because of that he's needed to make some changes within h...

Sorry to be the bearer of bad news, but passion alone is not going to be enough when it comes to becoming a successful trader. In this solo episode, I want to share with you what I've learned to be a very powerful way to identify opportunities to give yourself an advantage of overs. I realize that can sound a bit cutthroat and savage; however, let's keep things real, the world of trading is a comp...

For this episode we head overseas to talk with a British member of our community, Jason. I always enjoy these discussions as it does a fantastic job illustrating the fact there is no holy grail. What do I mean? Jason is in a completely different country using different brokers than what we here in the USA are using. Yet, as you'll see, he still deals with the same struggles and traps that everyone...

In this day and age, you would get a funny look if you told someone you tried to learn a new skill without using YouTube. No one is stupid or being irrational for choosing to use YouTube as a learning tool for whatever skill they are trying to understand and master. For some skills, YouTube is a quick and effective way to add in a new skill to your productivity toolbelt. In other areas though, You...

I understand. I really do. The financial markets and world of trading and investing is awesome and offers so much potential! It seems like any direction you look, you can see an opportunity that could put extra money into your pocket. Splash in the fact you can do all this from anywhere with an internet connection and the temptation to "get going now!" becomes even more of a real thing. You're not...

If I were forced to guess some of the more competitive industries you can participate in, the New York City real estate market would be one of my guesses. Huge deals, huge competition and money pouring in from all over the world. It takes a unique individual to be able to survive in that kind of environment. This is the type of individual we have on this episode! Fellow member, Christian, is a lon...

One of the great things about being a human is that we can relate to other humans. Sure, we are not all the exact same; however, there are some general tendencies that seem to be very common from one person to another. Because of this, we can develop general rules of thumb to help us be aware of these potential pitfalls that we set for ourselves (with good intentions of course). One of these heuri...

Have you ever been there? One single trade turns into a train wreck and demolishes your overall gains, or worse yet, your entire trading account. Maybe it has never happened to you, but putting all drama and hyperbole aside, understand the train is lurking around every corner just waiting for the right chance to steamroll you! In this episode I talk with fellow member John who is extremely transpa...

We go international once again and talk with a Ukrainian member, Illia. The backdrop to this discussion was his willingness to volunteer to talk about his journey AFTER things got pretty rough. I have nothing but respect for him to be willing to share his journey even though he knew what he would eventually need to disclose. He's the type of guest that I believe is what makes this show enjoyable....

It would be so great and super convenient if I could sit here and proclaim to you that there is a "one size fits all" trading strategy... but, I can't. Sure, there absolutely are universal principles that all traders need to follow in order to stay consistent and survive within the markets; however, when you get down to the finer tuning of a trading strategy, that's where it gets trickier. In this...

Yes! I have myself another awesome data point that proves I am justified in my crabbiness of not liking when people make excuses. On that note, a fair warning to you. If you are someone who likes to make excuses and are constantly picking up victim cards as they fall out of your pocket, you will not like this episode's guest. Long time member, Faysal, shares his journey with us and wow, it sure is...

I 100% your thought process is wanting all kinds of trading tools and functionality within your trading platform. I am with you in thinking that trading computers with several monitors and dozens of technical charts look awesome! However, is having all kinds of choices and options as a trader as productive and freeing as it may seem? This is a very common bridge that many traders fail to cross (my...

Lots of emotions are bad for trading results. But when I stop and think about it, that feeling of anxiety has got to be one of the worst out there to deal with. It can cause you to miss out on trades, to exit a trade to early, or maybe to eventually just "FOMO" into a trade at a terrible location because you're so upset you watched several others "would have been a winner" trades pass you by becau...

I state the obvious when I say we all want to succeed as traders. The issue here is that "saying" such things is a million times easier than "doing" such things. While I understand social media and message boards may portray trading as a source of income that causes money to rain from the sky, that's all an illusion. Trading is an ongoing challenge and battle with a variety of defense strategies n...

I welcome back long time member Jeremy (better known as RemytheRookie in the chatroom) for his fourth appearance on the show. I have nothing but respect for Jeremy and that has only grown over the years of us knowing each other. He recently accomplished a huge milestone in hitting just shy of six figures in trading profits last year! Not too shabby when you consider trading is only used as a part...

Bad habits. Ugh! Regardless of where they show up in life, they're called "bad" for a reason! When you introduce them into a setting such as trading and investing where money can be lost, they take on a whole new dynamic. The odd thing though is as obvious as it may sound to say, "bad habits need to be avoided", it's amazing how many traders continue to stare directly at them, yet, don't seem them...

It is our job as traders to find as many variables as possible to leverage in our favor. I'm not suggesting we do anything illegal, but what I am suggesting is the best way to make a trade NOT a gamble is to put the odds in your favor. At the core, trading is a game of probabilities and odds so our focus needs to be on educating ourselves as much as possible, including within the realm of science...

Over 300 episodes, yet this was the first time I've spoken to a medical doctor in regards to his trading journey. I think we can all agree that becoming a doctor does not happen overnight and requires a whole lot of hard work and dedication. So, how does this ability to stay focused and dedicate a whole lot of effort to achieve something such as a medical degree carry over into the markets and tra...

For those of you who have been around awhile, you know I'm no fan of excuses. In the vast majority of cases, they are simply "cover ups" for some other core issue. With that being said, I can also fully admit that at times, there are situations where I would not call something an "excuse", but rather, a "reality". That's what we have with fellow community member Jacob. He has had a very rough time...

Buckle up! That's really all I can say. I think the title says enough. I welcome back a long time member of my community for an update on his journey, and as the title reveals, it's a wild ride!

This is a common spot I've seen many of my current students in: they are overall profitable, but still wanting more. While this may sound a bit greedy on the surface, it's actually not (in some cases that is). Fellow member and student of my program Jeremy, is doing a great job of learning and keeping his account profitable, but as you'll see, he wants more in terms of figuring out where he truly...

Thanks for a recently viral Facebook post I made (over 88,000 Likes and 66,000 Shares), I've gathered quite a bit of insight into a topic that I believe is severely misunderstood and viewed from an impractical angle. I totally understand why people view this topic the way they do; however, I want to talk about the view I take and one that I believe can help you be successful. To be fair, odds are...

Sometimes one of the healthiest things we can do as traders is to ask another trader to "poke holes" in general though process, or in a strategy itself. I'll be the first to admit it is not always the most pleasant thing to hear criticism (even if it is constructive); however, when you take a step back from the situation, it's easy to see how beneficial it can be. I welcome back long time member o...

Massive warning! Like, seriously... be warned! If you are someone walking around with a pocketful of victim cards and your specialty is coming up with excuses and love the word "can't", then do NOT listen to this episode! It will cause you to have to look in the mirror and severely question yourself and your viewpoints. With that being said, if you are someone who believes that iron sharpens iron...