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The Stock Trading Reality Podast

Business & Economics Podcasts

Get inspired and stay motivated by everyday normal people who are currently on their journey to trading success.

Get inspired and stay motivated by everyday normal people who are currently on their journey to trading success.

Location:

Grand Rapids , MI

Description:

Get inspired and stay motivated by everyday normal people who are currently on their journey to trading success.

Language:

English


Episodes

STR 257: Science Based Mental Traps (Avoid!!!)

2/17/2020
I came across an article recently which centered around “mental traps” that successful people don’t allow themselves to fall into. While the article is not about trading in particular, the science based observations and discoveries 100% can be applied to us as traders. If you are new to trading you many not realize just how big of a mental challenge it is, so whenever you can get insight into how the human mind (and emotions) work, you can be better prepared to guard yourself. As many of you...

Duration:00:42:09

STR 256: Living An Aggressive Life to Get Started

2/10/2020
I love it! We now have yet another data point in regards to people “finding a way” rather than “finding an excuse”. My guest today, Jermaine, grew up in Jamaica and immigrated to the USA and had to hustle and grind to get to where he is today. This includes working multiple jobs and my favorite part, in Jermaine’s words… “living aggressively”. I’m well aware that many gurus/teachers/mentors focus on selling the dream, we’re not going to do that. In this discussion we will be digging deep...

Duration:01:01:41

STR 255: Turning $400 into $4,000 (in 1 trade)

2/3/2020
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...

Duration:01:15:59

STR 254: Starting Small and Building From There

1/27/2020
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...

Duration:01:03:21

STR 253: A College Kid Making His Way

1/20/2020
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...

Duration:01:19:40

STR 252: Easing His Way Into The Markets

1/13/2020
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...

Duration:01:11:00

STR 251: Rough Start! Now He’s Beast Moding..

1/6/2020
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...

Duration:01:15:00

STR 250: How Making $500 Ruined His Mind

12/30/2019
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...

Duration:01:28:45

STR 249: Back to $0. What Would I Do?

12/23/2019
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.

Duration:00:55:14

STR 248: Small Caps Suck. Micro-Futures Rock. Here’s Why…

12/16/2019
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...

Duration:01:08:43

STR 247: A Topic ALL Traders Should Understand

12/9/2019
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...

Duration:00:29:50

STR 246: Is Tony’s Solution… Your Solution?

12/2/2019
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...

Duration:01:16:44

STR 245: Searching For a Sense of Accomplishment

11/25/2019
I have no idea if this “emotion” is something all people have, but it’s something I can totally relate with. That feeling being the desire to want to “accomplish something”. It’s hard to assign an exact definition to it, but at the core, it comes from the desire of achievement. Again, I can’t speak for everyone, but those of us who are involved, or thinking of getting started, in the financial markets can more than likely relate. We as traders don’t necessarily get into trading for the glory...

Duration:01:14:00

STR 244: An Australian Hustler Making His Way

11/18/2019
Let’s go to Australia once again and hear from a community member who sets a great example of what it takes to be a trader. It may not be the prettiest thing, but it’s a real life look into the bumps and grinds that us traders must endure to make it happen. My guest, Dan, is an open book and shares his journey of trading the market and what he has planned for the future. I found his overall attitude and perspective greatly motivating… and to be frank, he says a lot of stuff that many people...

Duration:01:17:56

STR 243: Admitting Defeat to Accomplishing Victory

11/11/2019
If you want the maximum value out of this episode, I’d highly recommend you go back and listen to episode 242 first. I wish I could say I had this all pre-planned, but I’m just not that good at my job! I welcome back long time member Jeremy (better known as “Remy” in community) for his 3rd appearance on the show. Jeremy has been crushing it lately and walks me through all the things he needed to admit to himself before making the change to his new and much improved strategy. It’s never easy...

Duration:01:14:30

STR 242: Let It Come To You

11/4/2019
It’s time to roll our sleeves up and get down and dirty with the challenges that trading can present. I welcome back long time member and friend, Ben (for those of you in the community, alias “close2pga”) to get an update on his journey. Ben has been struggling and not seeing the results he’d like, so this turns into more of deep dive into his psyche and trying to pinpoint what the problem is, but more important, what the solution is. If you are brand new to trading and have never put real...

Duration:01:07:52

STR 241: A Trader Focused on “, YET”

10/28/2019
A positive attitude can take you far in life (and trading) and that’s what we really get to see here. My guest, Homer (fellow member from the community who goes by alias “homercon”) opens up about his journey so far and holds nothing back. I really appreciated how he just told the truths of all the ups and downs he has been through. He’s not a profitable trader… but this is what separates him from many in society who seem to take such a negative out look on things. In his mind, he adds in a...

Duration:01:18:40

STR 240: Using Knowledge to Climb Out of the Hole

10/21/2019
90% of us as traders have been there, in a hole. Whether it was due to letting emotions get the best of us, not knowing what we were doing, or an honest mistake, we’ve stood at the bottom of a hole and knew we needed to now climb out of it. If you can relate to any of these situations, then you’ll find great value and motivation in my discussion with fellow member George (alias in community, “gvigilgem”). Like the vast majority of traders, his journey started on a very bumpy road that...

Duration:01:07:29

STR 239: An Australian Trader Trading Forex

10/14/2019
We are traveling down under for this week’s episode. For the first time ever I speak with a fellow member who is located in Australia! Ron has been trading Forex for quite some time with many ups and downs. Thanks to his honesty, he offers up many opportunities for us all to learn from the mistakes he has made. While he does have experience in Forex, he is also beginning to expand into other areas of the market which we also talk about. I really enjoyed the conversation with Ron and am...

Duration:01:05:41

STR 238: Stress Test Your Trading

10/7/2019
I’m sure I’m not alone when I say it isn’t necessarily enjoyable to receive criticism of ideas, systems or strategies that you have put time and effort into. Criticism is part of life and in all actuality, should be embraced for all of us as traders. According to Ray Dalio (worth billions of dollars), you should view any type of criticism as an opportunity. Through my own personal experience in life and especially in trading, I can attest to the fact that what Ray Dalio says is definitely...

Duration:00:46:36