The Stock Trading Reality Podcast –
Join My Private Trading Team –
Learn to Use Charts –
Learn to trade by getting started with very low risk paper trading. Learn how to effectively paper trade to set yourself up for long term success as a trader.
ClayTrader.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. Investing/trading in securities is highly speculative and carries an extremely high degree of risk.
Great vids man! I feel like a greedy person if I say “Keep ’em coming”…..but, I kind of am a greedy person I think……so….Keep ’em coming!
Nothing wrong with being greedy for education.
This is pure gold, Thank You Clay
Glad you found some value in it!
thx – really helpful
Great to hear. That’s the goal 🙂
Thank you so much! Very helpful as I am a new stock trader and wanting to understand more about trading.
Stefanie Kody it’s been a year now. how is your success going?
I have made a few gains but I tend to stick with more long term investments, but I know to do good research prior to buying.
Stefanie Kody sweet how long did it take your first hundreds
I’m glad I found your videos this gives me another perspective on trading and how to go about learning how. I was watching the timothy sykes trading penny stocks videos that I could find but there some questions he doesn’t answer unless you buy the material he is selling. Not saying it doesn’t work but it is part of his income and it’s cool but I digress. Your videos are so in depth and brought to a level that anyone can understand thank you and keep up the good work.
Well I also sell courses, so I’m just really giving away the tips of icebergs 😉
Really nice video, I enjoyed it. I’m pretty sure I’ll be chewing threw the rest of your videos during the rest of the evening aswell (while listening to the World End Economica ost in the background 😉
Anyway, I have a question about how the stop-loss would work: say you’ve been super-unlucky and have bought stocks which suddenly just _tank_ due to some new, unexpected event. Like when how BP’s stock plummeted by I think 60-70% after the oil catastrophe in the Gulf of Mexico.
In this scenario, nobody would realistically want to buy BP shares since everyone know the stock is just gonna go down, down down. Can the stop-loss still somehow save you under these circumstances or are you just stuck in a lose/lose/love-even-more pinch?
It depends on what type of stop loss you use: market or limit. If you used a “market” stop loss, you would have gotten out, but as far as knowing “where”, you wouldn’t know. If you used a “limit” (meaning you’re only willing to take a loss until a certain point), there is no guarantee that you would have gotten out, so the downside is that you maybe might end up getting out even lower than if you had used a “market” stop loss.
Whow, fast response is fast. Thanks a lot for your reply! =)
Also, a different topic which I’ve been thinking about a bit about. Assuming one does not buy stock with borrowed money, or trade on margin, or take any kind of risks like that; on are there any situations in which one, as an investor, could run the risk of losing more then 100% of the money one spent buying shares? Say, for instance, if a company owes a large debt. By investing in that company, would one run the risk of somehow becoming responsible for paying that debt?
Or, another example; if one buys and later sell a stock at a loss, are there any cases where one would have to pay tax on that trade, even though one only lost money on it?
@Ashadow Reviews No. If you aren’t using margin, you can’t lose more than the total amount you put into the trade.
That’s the answer I wanted. Thanks a lot. ^_^
Thank you i really thought this video was simple to understand.
@Michael Rivera Great. That’s my goal. Glad you enjoyed.
Clay thank you for helping open my eyes to the realities of trading. This is quality content.
@cheston holguin Glad it could help 🙂
ClayTrader Hi Sir, very very Nice all your videos. I don’t understand the stop loss part. I buy at 10.50 but my stop is set at 10.38. why you put in reality 10.41 ? If the price of the stock fall until 10.41 my stop is not reached. In think that the price must Go below 10.38 maybe 10.35 in reality then I can put in paper that my stop is reached. Please help me to understand.
Clay! do you have any videos on “margin”?
+Ryan OConnor I do not at this point. That’d be a good topic for a video though wouldn’t it? Good idea.
Really useful videos for those of us who are just now getting interested in trading, very eye opening.
+Jeramy Mincey “Very eye opening” – that’s music to my ears! Glad to hear it.
I have been wanting to start trading for a few months now but I never knew how to start but thanks to you I finally have someplace to start. Thanks for the awesome video
+PatriotsxApex Great to hear. Please let me know if you have any other questions along the way.
Thanks
+Mission Impossible You’re welcome!
hey clay nice video man do you trade?
Yes, I do.
Where do I go to learn how to use the chart of paper trading? Or penny stocks
You can learn here: https://claytrader.com/training/
Lol. The guy said “princesses and princisses”
Yup
Thank you so much for your video, I learned a lot.
You are welcome. Glad it helped!
hi im a begginer..lets start with the first video lol..much too learn
We all start out as beginners. Be sure to check out this playlist too – https://claytrader.com/blogs/trading-101/
Thank you for your enthusiastic and detailed help. I wish that I had more back drop for what you were explaining. I was lost from the get go because this is my first day looking into day trading. I need an even more beginner video. Ashamed, but it’s the truth.
0% need to be ashamed. We all start out new. Give this a look https://claytrader.com/blog/getting-started/
What techniques have you found work best to help you manage tighter stops/trailing stops?
That’s what I show here https://claytrader.com/courses/
Hi Clay , great videos, love the honesty. confused me on this one though. why would i expect my stop loss to go to 10.41 when i’ve asked it to stop at 10.38 ?
Because you want to make life as hard as you can on yourself