The Stock Trading Reality Podcast

Latest Episodes:

Turning $400 into $4,000 (in 1 trade) | STR 255 Feb 03, 2020

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As traders we should love the fact that we can not control how high a price rises. Why? Well, that means we can not control how much money we make in a trade! How cool is that? We have a perfect example of this principle with fellow member Orval (better known as 'Sandman' in the community). Orval updates us on his journey which has improved dramatically since the last time he was on the show. It's been a journey of hard work, dedication and consistency, but the time has been worth it. Orval has fully transitioned from paper trading to real money trading and yeah... I don't want to ruin anything, but so far so good! Let's get to it!

Starting Small and Building From There | STR 254 Jan 27, 2020

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I'm pretty sure there is no one better prepared to become a trader than those who have military experience. In this day and age where people too easily get their feelings hurt, it's nice to be able to be blunt with someone and have them simply say, "thanks". If you are newer to the markets and looking at what it takes to actually be a good "learner", then look no further. My guest, Chad ('iamavol' in chatroom) has a military background and this has served him well so far. He's not trading with any huge amounts of money, but he's doing things the right way. He is starting small and then building from that point by focusing on good habits and scaling. Chad's certainly done some boneheaded mistakes as he'll discuss, and thanks to his openness, there are some great learning opportunities for us all.

A College Kid Making His Way | STR 253 Jan 20, 2020

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This discussion is why I have a very hard time finding pity for people who seem to throw out excuses like candy. When you have a passion and drive for something, much is possible even when you may have many other "things" occurring. Community member Harmon tells us about his journey so far and how he's been able to get involved in the markets even while being a college student (along with a whole lot more). He had some misjudgments at the start of the journey that we talk about, but that's normal... the key is acknowledging them and then making adjustments. What adjustments needed to be made? How is his newly started live trading going? We talk about that and much more!

Easing His Way Into The Markets | STR 252 Jan 13, 2020

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I'll be the first to admit the markets are an awesome place with oh so much potential and opportunity! The problem with this fact is it causes way too many people to rush in and get slaughtered. While there is no such thing as a perfect entry into the market, my guest from the community, Ken ('gaingreen' in the chatroom), walks us through his journey thus far. We once again have another encounter with Robinhood and how in all actuality, they're quite the savage company. Ken learned some valuable lessons upfront and has since gone about his approach to the markets and learning in a much more methodical way. I really enjoyed Ken's perspective on the markets (and life in general) and I'm sure you will too!

Rough Start! Now He's Beast Moding.. | STR 251 Jan 06, 2020

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Have you ever done anything that when you look back on it in hindsight all you can say is, "what was I thinking?!?!"... I know I have! The financial markets truly are an amazing place filled with opportunity in almost all directions. The problem is, when you are new and ambitious... the ambition will be used against you in ways that make money for other people. My guest from the community, Kevin, talks all about his starting days with the "trading" app Robinhood and how it turned into a meat grinder of his money. Needless to say, it was a very rough start; however, to Kevin's credit he has not given up and has now put a new plan into motion. As the saying goes, it's not how you start, but how you finish and Kevin is well on his way to finishing strong. Let's get to it!

How Making $500 Ruined His Mind | STR 250 Dec 30, 2019

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I'm aware. The title of this episode may seem like clickbait. I mean, how could making $500 be attributed to ruining someone's mind? It would seem that making money is a good thing; however, in this case it was the absolute worst result that could have happened. My guest, Jacob ("farmerj" in the chatroom), takes us through a very crazy journey that as one point reached him only being happy if he made $1,000 per day. How can someone reach this point? All I can say is the human mind is a crazy place and if you're not aware of the games it can play with you, you are at risk. His journey has been a wild ride and I enjoyed hearing about every minute of it (and so will you!). Let's get to it!

Back to $0. What Would I Do? | STR 249 Dec 23, 2019

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If I lost it all and had $0 to my name and needed to start all over… what would I do? There is a huge opportunity out there right now that could make you up to (maybe more) $65 per hour. Let's talk about it.

Small Caps Suck. Micro-Futures Rock. Here's Why… | STR 248 Dec 16, 2019

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Is this you? You have a smaller account and want to get started trading the markets. Because of the annoying pattern day trader rule (PDT) and the fact you have a smaller account, you automatically assume you need to focus on small caps (penny stocks) in order to have a chance at success. While there was a lot of truth to this in past years, due to some recent changes in the futures market, this thought process is no longer valid. My guest from the community, Heath, discusses his trading journey that walks us through this exact thought process and journey. Heath was very transparent about his journey and the headaches he has gone through in order to get to where he is now... a much more viable place to actually find trading consistency. This is a discussion filled with goodies so let's get to it!

A Topic ALL Traders Should Understand | STR 247 Dec 09, 2019

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Warren Buffet's secretary pays higher taxes than he does? Have you ever heard this before? I know I have. There was just a newly released proposal to address this issue and I want to take a deeper look into how all this works. It may surprise you (sarcasm font), but politicians on both sides of the aisle misrepresent issues and how they "actually" work. What does any of this have to do with trading? Well… in all actuality, this is a topic and proposal that directly affects us all as traders in the market. In fact, I can't think of another issue out there that more directly "hits home" than this potential policy. I'm not here to side with one opinion over another, but I do believe it is an issue that all of us in the markets should fully understand and be able to explain to someone else. Let's take a look at this…

Is Tony's Solution… Your Solution? | STR 246 Dec 02, 2019

Show notes

Solutions. Problems are easy to find and focus on, but solutions…. that is where the real magic happens. The issue with solutions is sometimes they are not pleasant or want to admit needs to be focused on. However, as you're about to see with our guest in this episode, if you just suck it up and do what needs to be done, the results can increase your pathway to success that much quicker. I welcome back longtime member Tony (chatroom alias 'TWDT') and while we do talk about his trading journey, we also talk extensively about how he decided to focus on other "things" that while are not the most exciting, they are extremely beneficial within all walks of life. This is one of those interviews where it may seem "off topic" on the surface, but for many of you (if you're honest with yourself), I have a sneaky suspicion it may be the exact solution you should be throwing all your energy behind (for the time being). Let's get to it!

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