The Stock Trading Reality Podcast

One of the most revealing questions a newer trader can ask is: but WHY? This shows someone’s desire to want to be more than a blind sheep trader. With all due respect, if you believe the markets are as easy as “following hot stock tips”, then your current status is that of a blind sheep. No worries! I started off the same way and it can be corrected, but Step #1 is first just acknowledging you’re a blind sheep. My guest, Aaron, is still pretty new to the community, but he’s taking all the right steps to put himself in the best possible position to succeed. The other things I really like about Aaron is his ability to take “hard” feedback and not get all offended or triggered. Too many times people hear something a bit on the hard side and get all offended, but in Aaron’s case, he took the feedback as it was intended and rolled with it as any adult and serious trader would. I really enjoyed my time with Aaron and I’m sure you will to, so let’s get to it!

Pick up the phone and start dialing for dollars! My guest this week made a living doing this exact same thing as a licensed stock broker. I always enjoy talking with those from the old school way of doing things because it brings such great perspective into today’s online world of making money. Community member, Matt, walks us through his early days in the market as a broker to where he is now, learning how to take full control of his money and grow it through actively trading. While Matt is still in his learning stage, he displays some great mindsets and mentalities that demonstrate what it takes if you are going to give yourself any kind of legitimate chance at success in the markets. We venture down quite a few rabbit holes so there is something for everyone in this week’s episode. Sit back and enjoy the ride (and scribble down some notes as you see fit).

This person’s story is without question Top 3 Most Inspiring since I began the podcast back in 2014. My guest, Diego, has been on the show before and he’s one of those guys who will make you think twice before you begin feeling sorry for yourself or making excuses. Diego is an insanely busy guy, however, he continues to make progress within his trading journey. He’s had some rough patches for sure since his last appearance on the show, but he has also made extreme progress. In fact, he is now profitable and consistent as he works through his current strategy that he shares with us. What I appreciate the most is that even though he has been consistent and profitable, Diego is still well aware of the pitfalls that could arise so he is on guard in a big way. Let’s get to it!

I’m a big believer that the success you have in life is influenced by who you choose to surround yourself with. In this week’s discussion, I talk with someone who truly gives off a positive vibe and I was soaking it all in. My guest, Jerry, got off to a great start in the markets back when people still talked to their broker on the phone, but then….well… things changed a bit. Back to the drawing board Jerry went and thus began his journey towards finding and establishing consistency. I really respect the pathway Jerry has chosen in both life and pertaining to his goals with trading. Sure, it may not be the pathway that creates overnight riches, but it is the proven way to a slow burn that produces results. There is certainly something for everyone to take away from in this discussion so let’s get to it!

These conversations are some of my favorites. They start out in pure confusion, chaos and craziness; however, by the end of the discussion you can see real progress has been made. Fellow member James tells us all about what he has been through, where he is at, and where he is headed in the future. What I find to be most motivating and inspiring is that you can start out as chaotic as he did, but if you stay self-aware and make the changes that need to be put into place, it is completely possible to start to consistently grow your trading account. I respect that James kept his ego in check and admitted to himself that things needed to change. There is a great lesson in that in and of itself. The great part is, that is only the tip of the iceberg! So let’s get to it!

Envision the first domino wiggling back and forth. All it takes it for a slight nudge. Down it goes and all other dominos will be knocked down with the momentum. That’s how I can best describe the underlying “feel” of my discussion with fellow member Ezra. He’s a younger guy with great potential and a good head on his shoulders; however, there is something missing. There is something holding him back from just going “all in” and learning how to truly take control of the markets and his trading. When it comes to “dabbling” verves “going all in”, there is a huge difference and this conversation will demonstrate this comparison. For whatever reason, Ezra is “dabbling” instead of “going all in” and it’s a situation many people find themselves in. I 100% respect Ezra and his honesty and willingness to tell us the blunt truth. This opens up lots of learning nuggets that we can all take and apply to our personal journeys. Let’s get to it!

While I know the topic of "can you trade with real money WHILE you are learning?" has come up multiple times.... I'm not quite sure it has ever been discussed in this manner. I will admit, I can get pretty stuck in my ways. But the way our guest, Carla, is going about her training and education towards the market has me reconsidering how I view this certain question in the market. Like everything, there is always "gray area" that should be and needs to be accounted for; however, with the way Carla is going about it, I must say.... I fully approve! If you are one of the people who want to use real money "while" you learn, you should consider using The Carla Method!

If you want to be a fly on the wall and listen to traders "talk trading", then this will be the episode for you. In this episode, I talk with longtime member Ryan (better known as "Mico" in the community). Sure, it was an interview as I did ask the questions, but most was just us talking strategy and offering up thoughts and opinions. We talk bitcoin, microcaps, shorting, position sizing, mental stops and a whole lot more! Ryan, just like all of us, has had some time toughs but thanks to his honesty we have ourselves some great nuggets of wisdom. Let's get to it!

Have you ever had a “Utah event”? I know I have and they aren’t very pleasant. My talk with community member John sheds a ton of light on some very common problems that many of us face as traders. These problems don’t make you stupid, they make you a human…. But, they still need to be addressed and “put under control” at all costs. Although John has struggled, he has now found himself a nice little sweet spot within the markets that has been treating him very nicely over the past couple of years. There are many ways to profit from the market, but one way is to simply get very specialized in one specific location of the market and excel at it. This is exactly what John has learned to do. We’ll talk about this and much more. Let’s go!

A huge part of trading is mental. It may sound dramatic, but if you want trading success, the mind must be mastered. Our guest today, Marc, takes us on a great journey of witnessing his Dad do well as an “old school trader” in the markets to now trading all on his own. Like all of us, he’s had struggles and the one is due to a mental issue I can relate too. Some people find it odd when I tell them, “I don’t know anything at all about this company, but I’m trading them” and Marc’s struggle illustrates exactly why I approach the market in this way. Bottom line, there are sneaky voices that we can be proactive against if we set certain rules for ourselves and that’s just one of the great nuggets of wisdom you will learn. Let’s get to it!