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ClayTrader.com 2 Year Anniversary Special | STR 041

Well… this episode may be ground breaking, or a total train wreck, but we’re about to find out. ClayTrader.com has officially been active for two years now, so I wanted to try something different to celebrate this event. Chezz and I decided to bring back some past/former guests and just shoot the breeze and talk about whatever topics organically popped up. We talk about everything from hateful emails to trade management to favorite memories thus far about the community. We all had a great time doing this, so I hope you enjoy it as much as we did!

Notes:

In this episode we are celebrating the 2 year anniversary of Claytrader.com . We have RD, Nate Wilson, and Doc as guests this week and will be discussing various topics we encounter in trading.

Topics discussed in this episode include:

• Passing blame upon someone else instead of owning up to your decisions and mistakes.
• Liquidity problems in penny stocks, stocks, and options.
• The addiction that we call trading and the pitfalls of overtrading (and how to avoid it).
• The importance of a trade plan.
• How low the barrier to entry is for trading and how that hurts new traders who are uneducated and treat it like gambling.
• Our favorite memories from the Inner Circle over the past 2 years.

Quotes:

• “I think he was hoping for Clay to wave his magic wand and make his problems disappear.” tweet this quote
• “You can buy it. Someone will be happy to sell it to you but good luck trying to get out of it.” tweet this quote
• “For me, winning streaks is like crack cocaine. It just gets to where I can’t get enough of it.” tweet this quote
• “There is more to a trade plan than ‘I’m going to buy and it will be a swing trade.’ That’s not a trade plan.” tweet this quote
• “There are zero shortcuts in this game but it’s been the most fulfilling and challenging thing I’ve done in my entire life.” tweet this quote

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