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 else done. Point being, it doesn't matter where in the world you are, at the primal level of trading, we can all relate. Trading has nothing to do with what country you live in, it has to do with the fact you are a human being who has emotions. Jason's willingness to share his journey opens up the doors to someone who I would say is doing things the right way. Is it massively flashy? Nope! But it shouldn't be. Trading is a marathon and not a sprint and when you understand this, it will allow you to approach your journey in a much wiser and controlled way. I would say Jason is a fantastic example of exactly this. Let's get to it with this fine gentleman from the UK!

A British Trader Playing It Smart | STR 340

Thanks for checking out the ClayTrader Stock Trading Reality Podcast. Our show, hosted by ClayTrader, is designed to motivate and inspire traders of all experience levels. We interview REAL traders, discuss their trading journey, and lessons they learned along the way, both positive and negative.

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There is a small amount of click-bait in my title. Technically speaking, I did “do something” in the form of making a decision; however, besides that, I literally did nothing and made over $30,000. What am I talking about? Let’s talk real estate a bit. I realize this is more of a trading and investing podcast, but I like to talk money whenever possible. Also, many people will encounter the world of real estate and some point in time and be able to use the exact same strategy I recently did. I really want to reiterate, I literally did nothing except for make a conscious choice. Let me walk you through a recent real estate transaction I was part of and the SUPER EASY strategy I used to make myself a nice chunk of change!

How I Made Over $30,000 (doing nothing)

I recently read an article from CNBC containing a quote which I believer perfectly summarizes people’s disconnect of what inflation is and how it works. My goal with this podcast has always been to inspire and educate people in regards to more than just trading and investing. While I could argue that understanding inflation can certainly assist in your trading and investing, even if this were not true, from an educated citizen standpoint, it’s still worthwhile! This will be a brief episode but one that hopefully can help you help others if you come across someone not quite “getting it” when it comes to this stuff. Inflation is coming down, but… there’s a but…

Inflation is Coming Down BUT

If you have spent any amount of time on social media, YouTube or online message boards, then I’m at a 97.8% confidence level you’ve heard “stock manipulation” used as the reasoning for some kind of event. Usually this event involves the person making the claim having lost money or not making as much money as they could have. The reasoning comes in various forms, but the most often used culprits are those evil hedge funds. The (true) problem with stock manipulation accusations is it doesn’t solve the actual issue the particular trader is facing. What do I mean? Well let’s take a look at a stock that have entered into the news and are now causing the alarm bells of stock manipulation to ring out!

Stock Manipulation? Stop It!

Can you imagine walking through literal mountains in the pitch dark at the age of 11? That’s what our guest, Hussam (goes by “Sam”), endured as his family left Iraq back in the 1990’s! Sam had to start at ground zero and build from there. Learn the language and culture and then become self sustainable. Sam has done exactly that and demonstrated an immense level of ambition and drive. With that being said, this is where Sam is now struggling as a trader. One of the cruel jokes the market plays on us is having the requirement that you need to be ambitious; however, at the same exact time, you can’t be too ambitious of you’ll have lots of issues. Sam held nothing back and walked us through his struggles and the issues that have been plaguing him. Thanks to his transparency, it opens the doors to many learning lessons for those of you who are beginners and offers up a reminder for all of us traders at all levels. Let’s get to it!

From Iraq to the USA

A beginner trader reached out to me and the conversation ended with him accusing me of being “mean” and “aggressive”. I want to walk through this conversation as it allows for us to see the inner working of the human mind. Why does this matter? Well, as traders, the human mind matters a whole lot! You can have great knowledge, but if your mind is playing games with you and your emotions are out of control, that knowledge goes down the toilet in a hurry. Part of being a good trader is learning. Part of learning is having the skill to learn. What does this skill look like? This is the talking point I want to focus on: the skill of learning. Let’s walk through this conversation and see the pitfall of this beginner trader’s learning skill (or in this case, lack thereof).

A British Trader Playing It Smart | STR 340

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