One of the most common questions I get from beginner day traders and those starting in the the stock market is this: “Clay, do you only short stocks?” I totally understand this thought process as these people are watching my live day trading videos. Because I get the question so much, I want to answer the question in video format and also include an example of me buying a stock. As day traders our job is to give ourselves as many opportunities as possible, and part of that trading process is also buying stocks to make money when stock prices go up! I do day trading to make money online, so of course I want to be able to make money when stocks rise in value! Let me say that I love to buy stocks and illustrate this to you with some real life trading results of mine.
Transcript:
we're goodDo I ever buy stocks?Do I ever in trading jargon go long?Or am I only just shorting?And to answer your question,I love to buy stocks.I do buy stocks.I do go long.Yes, in many videos,especially the live trade video segmentin playlist on the channel.I am going shortbut I want to do this video
real quick to just let you knowbecause I'm noticing that more and more,it's a pretty common question, Clay.I'm thinking about joining your communityor Clay, there's all these,you know, you seem to only short,like, is that the only thing that you do?Because I don't shortso I don't think I would
really get any valuefrom your service or anything
because I like to go long.So, I mean, do you ever go long?And yes, I do.Now really quickly,if you're a brand new
person and a beginner,what do I mean by going short?Going short just means making
money when prices go down.So yes, believe it or not,when a price goes down,
your account can go up.And that is what is known as
being a short in the stock.But in this situation, I go long,meaning you buy a stock,it's a traditional way.You buy low and you sell high.That's the goal with
going long and buying.And just to illustrate that I do go along,I wanna show you a quick
little segment herefrom one of my live trade videosand that you'll see exactly how,not only that I do go long,that I do buy stocksbut also how alerts work in
the community that I offer.So let's go to that clip.Right now, market opens up
here in about 10 minutesbut I'm watching ticker symbol SCPS.That right there is the
pre-market chart of it.And I'm very curious about that $22 mark,so much so that what I'm gonna do hereis just get this,communicate to my chat room here.Now, if you're not
familiar ClayTrader.com,I do offer a private community.22 upside break point here
in pre-market or on the open.So there we go.SCPS has been alerted
there at that $21 mark.Now will 21 come into play?I have no idea.Again, these are lives,so I truly don't know
what's gonna happen next,but at least there,the thought process is documentedand also just code shows
you how the community works.We are looking for a potential
upside break point on it.As I sit here and talk it'salmost 21.85,maybe even a little better entry point.Just looking for a quick scalp on it.So I'll go ahead and pause.Market opens up here in
less than 10 minutes.Quick little update here.It is now pulled back
quite a bit down at 21.So a dollar below where it was alerted,never went up there and broke through itso never got any sort of
confirmation or anything like thatbut 22 has actually become
that much more attractive.Now, if the price can
recover back up to itbut just the update right now,nothing's occurred other
than a pullback here,but still watching closely.So what I'm gonna do here is
actually get this updated here'cause actually I'll
just type in, instead of.Break off 21.85and then hopping in with expectations,it gets up through 22.So now, it's no longer
really looking at 22as a key upside break.I'm looking at 21.85.And if it gets through that level,then hopping in with expectations,it goes up to 22 and beyond.So that's the current game plan.And again, those alerts,it's not like people have to take them.It's not a group of sheep.You know, we're like a
group of wolves, right?We're all searching,we can all think for ourselves,but we'll still share
overall ideas with people,but it's still up to each traderto make that decision for themselves.So this is not like a bunch of puppetsthat are not gonna do that.Some people may look at that and say,nah, nah, that doesn't
really fit my strategy.Nah, that doesn't really fit
my personal risk tolerance.And that's totally fine'cause we're all different in that regard.But maybe some people might like it,somewhat might make
their own tweaks to it.And so, again, not a bunch of sheepbut a bunch of wolves working
together, pointing things outand then letting you know, every,each individual trader figure
out what they best best fits,but who knows, maybe
something else will pop upat the last second.I won't even be watching this at the open.I suppose you never know,market does open up here
in less than three minutes.All right, the market
has now officially openedand I am indeed watching SCPS
out of the opening gates.Although very slow open here.All right, there we go.And at 20, there we go.Got the break out there.22.33 for a quick scalp, $166and look at a go,and it looked like it's
not gonna get halted.Yeah, hindsight didn't
play that one quite rightbut I didn't want it.I wanted to start the morning offwith a nice profitable trade.And in order to do that,I figured doing a scalp.Wow, whew!Look at that gap, that...(Clay laughs)And that's why we're all wolvesbut you can see it right there,it bought, or I bought...Wow, I got filled at 22.I thought I'd get filled
a little bit soonerbefore that but I let it
break through the 21.85.I mean, you saw me what I was looking for.So that all occurred looking
forward to get up through 22and now members are looking
at potentially a massive scorebecause this is halted right now.And it's looking like no,no way it opens up at $26.If it does, I hope so.That'd be great for members.Not good for me.But like I said, for me, my goal,I just wanted to start off the daywith a highly likely profitable trade.And I made that highly likelyby requiring it just to be a scalp.Yes in hindsight, I chose poorlybut that's why I'm with
a whole lot of moneyin my hindsight account,but I'm still gonna take it.I was in that trade for all of
quite literally two seconds.You can see my times down hereif you're not familiar with my screen.So that shows the time of the order.And you can see the
first order right there.9.30 and 24 seconds, the buy, got out.9.30 and 26 seconds.So two seconds later and $166.So I'm not a greedy savage.I will take it, but wow,look at this thing.Now it's suggesting maybe
it opens up way up there.Fantastic.That could be a huge score for members.Huge score for members.32.No, come on.And that's the goofy part about haltsis you never quite know
where they're gonna.35, wow.All right, well, I'll keep you postedjust on where this ultimately opens upbecause this is looking like it's gonna bea massive, massive win for memberswhich I'm very excited about.Watching 140,well, I was gonna say 140.25but it just broke down through it.Clearly, I was not convinced enoughas I didn't take the tradebut watching MRNA,SCPC still has not opened up yet.Okay, things have returned back downto reality a little bit.$25, still awesome though.If it opens up at 25 for more peoplecould have gotten in at $22 or belowthat's gonna be a big,
big score for people.But I mean, this thing may just
keep on skyrocketing upwardsand then get halted again at the upside.But yeah, overall pretty,
pretty excited for members.Oh, I think that one still
haunts me a little bit therebut it is what it is.I chose a strategy that I
thought would work best for me.But in hindsight,yeah, I chose the wrong
management strategyand left a lot of money on the tablebut you know what, for members,congratulations to them.They did absolutely fantastic.But at the core, as you see,yeah, I do go along.I do buy stocks.I do make long side
alerts for those members,for those people that are
interested in buying stocks.So I just wanna get this video now,the next time somebody says,hey clay, do you only go short?I can just link them this videoand then they can get the answeror the question answerbut also just see a
real life example of itso that they can see how things playout in the wild world of trading.So that's all I have, a simple video,like I said this was more of an FYIfor those of you that are
maybe wondering the same thing.But no, I do not only short stocks.I love to buy stocks.I love to go long.Yup.First off, thanks so much for
watching the entire video.Real quick, before you go,I want to invite you to a live webinar,web class, training,
workshop, online event,whatever you wanna call itbut it will be me live revealing to youwhat I discovered that has
allowed me to transform myselffrom being an employee,to being my own bossincluding how I had only one losing dayout of 73 days in total.I'm going to cover three keysthat have helped me unlock
profitable consistencywithin the markets.The first key is super weird,but in a productive type of way.The second key is super awesomebecause it quite literally is
wired into our DNA as humans,making it very easy to use.But in a cruel way,this becomes a pitfall for many traders.I'll explain it all thoughincluding how to avoid the
pitfall that it creates for some.And yeah, the third key when you hear itsounds way too good to
be true, but it's not.And I'll show you how it all works.Then at the end,I open it up for a
question and answer sessionthat is again, totally live.Even if you can't make the live session,please still sign up
as it will be recordedand you can go backand watch the replay that I will send you.Click the image on the screenor click the link down
in the description box.So you can get the date and
time and claim your spotwhich I should note is limiteddue to the fact that this
truly is a live event.If you have any questions, let me know.If not, I'll be seeing you soon.