I have spent the last 7 hours organizing my whole financial life and taking notes on all your videos. 100% helpful and simply interesting to know being a college student. THANK YOU!
Your 'short term pain' analogy and diagram is brilliant. It's something we don't get taught well enough here in Scotland, UK. People instantly think the 'long term freedom' goal is achievable by skipping the hard work. In fact, I'll hold my hands up and say I'm guilty of the same mindset. Keep up the great work !!
Well, the difference with you is you have admitted it to yourself. Most people never do... so that in and of itself separates yourself from the vast majority of people. Well done!
This video is about "short term pain"(working extra hours, losing money, patience, etc.) as a prerequisite for beginning a new career/hobby/etc. That's it. If you're looking for "how to trade stocks," look somewhere else.
heh. Nice. I've watched a lot of your other videos. Good quality. Keep it up. My dad's teachings on the market amount to: "You can't consistently win all the time. No one can consistently predict what's going to happen. The best you can do is diversify and follow the market. It's kind of like gambling." Your thoughts?
Sorry, but that's not what I'm looking for. "It's less risky if you use rules and tools. Give me your email and I'll tell you 3 of them free, but the 2 others will cost you." Good luck with your endeavors, and thanks for the quick replies.
There are fifty thousand how to trading videos on youtube and not one of them starts by informing you that you need to learn self control before you can trade. Wisest words for a how to trade video for sure.
Cheers Tim. It's amazing how many people (read through other comments) fail to realize THAT is the point of the video and totally gloss over it. Then, fast forward to when they're showing no self control and losing money and wondering "why is this so difficult?"
I’m a newbie in stockmarket, I finally open an account last 2 days ago and I’m excited to trade and ivest and now I watch your videos as learning tool. Thank you so much from Philippines！
Im 16 and I want to eventually become involved with the stock market and I've got a part time job and I've got money saved up. But after listening to you I'm going to save even more money and spend less so I can have more money to eventually use in the stock market. You're videos are really helpful, keep up the good work!!
Clay, I've got the mindset. I've been poor a lot of my life, spent lots, saved lots for my age. I don't have a phone plan to save, I don't own a car, I walk. I roof in the summer and I keep a part time while I'm attending school. I may actually pick up another.
I don't understand people who dont' appreciate other people's videos. Don't watch them, its simple and take your time and energy where it belongs! I find these super useful, great work and thank you :)
Finally someone who´s real and cut´s the bullsh*t. Love to hear about to sacrifice and the short term pain. That is so true Thank you Clay for sharing your knowledge.
That's ameizing how so many people didn't really understand the msg. How to start trading. Step 1 - mentality - to be ready to make sacrifices Time and Money. Well done!!
I don't blame the people. There are so many "marketers" out there trying to prey on people by "selling the dream".... and yeah, "be prepared to sacrifice" is not really the best dream to be selling on my part lol
i’m 15 and i wanna start trading early but half the time my mind can’t process what’s going on in the screen and i’ve been searching for videos to start bc i wanna have money to have a comfortable life in the future i’m sure with your videos i’ll be able to make that money :)
I'm 20 yrs old now! My daily life is the same as what you said: studying, doing assignments, having a part-time job, and now I'm looking for something new and I found buying stocks is interesting. I can make money with it
How to start trading!!!!! Ill worry about getting a second job when i get started...Jesus man!!! How to cook an egg> First you got to get the chicken.....then a rooster.......I got the egg man!!!! Now how do i cook it?
That's great you have the egg. But please realize that just because YOU do, doesn't mean that everyone does. The world doesn't revolve around you... ya know?
To be honest one of my major flaws is that I'm impatient. I have a hard time keeping a job because I'm just ready to jump in it what I want to do. Since you explained it like this it makes it easier to see that what's happening now is SHORT term pain. I must go through it to achieve my goals no matter the direction you go to make money to start. It's just short term. Thank you sir.
"how to start trading" save some money and go to college, but I wont just tell you this, I will make a 12 minute video to explain these 2 simple things but I wont give any actual tips.
I've already started that journey by attending a coding bootcamp and living at my mothers house lmfao. I've been broke the last 2 years. But, it took 2 years of solid hustle, learning, applying, to get to where i am now and now I have a job paying me 80k. So, now I'm starting the process of learning this so I could do this part time while I'm doing the things I need to do. I've got a growth mindset. But, first I'm going to use paper trading and and online resources to have a solid foundation before buying any course or finding a community. I've got the time and patience to make it happen.
ClayTrader you speaking slowly isn’t going to impact anything. Maybe just accept your teaching method is wrong rather than trying to disprove 30 peoples feelings
I wouldn't say you were a "loser" but you were/are smart ! Thank you for explaining in simple terms and not using a bunch of words that only people already in the stock market would understand.
I did NOT get anything out of this. I recommend a title change or adding more content. You beat that poor horse dead and then just kept whacking the carcass.
Well, according to the number of thumbs up, apparently some people did. Thanks for your feedback. Not get out there and be realistic with your expectations.
Im glad my short pain is almost over almost 2 years of studying and 8 months of papertrading and spend €4000 on trading education. Now starting with $3400 going to start making atleast my first trade next week. Great video!
All the best to ya. I hope you consider joining my community to assist in your trading. We have a good group and it's only $99 for an entire year claytrader.com/innercircle/
Been investing for a few years now. Retired , but investing is really slow, ( and I don't have 50 yrs to invest)especially now the market has had major pullback because of covid-19. Ready to start making money to make life a little easier. I have a fair amount of capital to work with , You're a great Teacher. looking forward to watching them all.
ClayTrader I have to agree with you both, I came here to learn how to trade but i feel like the title of this video was a bit misleading. However, the things I've learned from this video have been quite valuable and I am glad I watched it. Good work man, I'm going to check out more of your stuff and subscribe!
Great video! You basically described my life, I work my full time job, do my grad schools assignments, work on my business and try to learn ways to invest the spare money I have from my wages and side income, that’s all I do (and sleep). It’s hard, I’m exhausted sometimes but I know It will pay off at the end. I found inspiration to keep going on your video, thanks!
This is twelve minutes of patronizing your audience. Most of us realize that trading stocks isn't a cakewalk. But honestly, if you imagine that you're speaking to some hippy-dippy, booze-drinking, game of thrones watching millennial, then you shouldn't make this channel. Those people don't normally give a dump about the market. Your video can be summed up in one sentence: "Making and keeping money is going to be hard if you have bad spending habits" Thanks a bunch, Sherlock.
Thanks for the feedback. Given the other comment's I've gotten, I know it's help at least several people, so that makes it worth the time on my end. Take care.
I guess I shouldn't expect everything that shows up in UA-cam to be catered 100% specifically to me. I appreciate your willingness to educate. Sorry, sometimes I forget these comments are read by actual people. Keep up the good work, man. Don't let dumb-asses like me stop ya.
Thank GOD for this man. Im starting my business while in college and trying to learn stocks and trying to get in med school. This is a big leap in knowledge
I'm also a newbie. Trying to learn everything i can. has helped me make 1000 usd in 1 week. Reach out to christian fraser to carrry you along. He trades for you and teach you along too. I really recommend him to anyone. Reach him at cct.fraser @gmail .com
Margaret Elizabeth >hi Elizabeth- 1k in a single trading week is fantastic! I have other issues... I work at 2 different hospitals over a 6 day week and I just can't trade when I need to/want to/should be trading...🙁
Sure Joe. Its not always like that thou. Some weeks don't go too well. But i could always boast of overall positive earning over a period of a month. Been trading for 4 months now. How long have you been trading?
I feel like taking this guys advice might make me a little richer in the long run, but also turn me into a angry, no nonsense person that rarely smiles by age 50. I mean I'm pretty sure there are other ways to be successful in the stock market without being overly critical.
Former buckeye!!!! I'm a current buckeye and i'm loving your story and how you got started, funny thing is I'm doing the same exact thing right now,. Sleep, eat, class, study . Thanks for your time!
listening to this while i study trading... heard the part when he said 90% of traders fail and my heart skipped several beats... i will not be deterred! bring on the lessons
I can tell you’re a really trustworthy guy. I’m glad I clicked on your videos first. I’m just gonna stay on this channel to learn about stocks until I have my debt paid off then I’m going with a big stock company. I just want to be educated on it so I know what they’ll be doing with my money. Anyways, thanks!
Preach it! I dont get why people think so low of budgeting ! I have always been budgeting and this is what helped me manage my expenses living overseas during my studies. Those sacrifices were well worth it! Through putting money aside for 2 years straight I saved $4000 Im in France now continuing to save and I plan to invest in real estate and hoping to launch my own company with these savings Your videos are helping refine my financial objectives
Paraphrasing, he says "Don't rely on internet to get information, go to school" and says "90% of trader's fail." He got that second part from the internet...............................................
Dude, ima FREACKING give you one of these 3 things once I succeed at trading and I'm halfway there to becoming a millionaire cuz I love your simple yet totally understood teachings which motivated me to pursue this field more seriously now that I've gathered more knowledge and courage to persist and not quit cuz of misinformation I received from pessimistic people in the past! These 3 things are: 1) A brand new Porsche car of your choosing, 2) Any one ex girlfriend of mine who doubted me and summarized that I will never account for anything, 3) My student loan as a whole, or a partial amount! You pick! Thanks man!!
Thanks for your honest and straightforward approach. My dad nearly got roped into a $25,000 trading class at a flashy sales seminar. The finance fee (before interest) alone was more than your entire course. The real kicker for me was how they told students what lies to tell a brokerage firm in order to get an options account when they don't actually meet the criteria, rather than teaching them how to make a plan to meet those criteria.
This entire video could've been summed up in about three sentences. You're not wrong about what you're saying, but you have mislabeled the video (try something like "Trading 101: Requisite Mindset / Mental Preparation") and wasted 12 minutes for 200,000 viewers. More specifics and less soap box, please.
This is the best video you can apply for all online business. I just got a new job so I can restart my Shopify store again. Everything in this video I did when I was making 200/ wk but found a new job more capital more opportunities. I hear you though just get up and do it emotions aside. This really sharpened my sword 🗡
I'm biased, so I'm not going to sit here and give you some high pressure sales pitch, all I'll say is that if you enjoy the free content I have to offer on my site and on UA-cam, I can very confidently say that I'm sure you would find great value in my premium content/training. If interested, you can find my training courses here: claytrader.com/training/
Im 15 right now, about 6 months ago i got my dad to setup a limited company which i am 100% shareholder in so its basically my company. I do lawn-mowing for elderly people mainly so its normally the same people i go to but i get new customers here and there. I managed to make a very large sum of money (even in this 6 months) from which i'm going to use to trade with then hopefully invest that money into creating a company which i can grow unlike a lawn-mower business. I am sharing this with you guys so if there are any other young people here they know its never too early to start doing this. In this case trading on the stock market.
I'm forever explaining this to my friends. One asked me the other day if I wanted to come to a concert. I said no, because of the money. I have debts, which are my priority. After that, It's your courses. Then, it'll be some more courses, because I like doing courses. It's taking me a while and it's been a bad couple of years as compared to the usual, but i'll get there. Persistence is insurance against failure.
Please calm down. You apparently missed the point. You better get your expectations in line with reality or you'll never have a chance at success. If you ALREADY have done that, then good for you, you are well ahead of many.
True, i never went to any parties as well. I'd rather work on my goals than drink beers all night and watch how my classmates and all the other kids waste their life on nonsensical stuffs. It was all worth it. My classmates in high school married young while im working on my dreams. Now im learning trading thanks for this video and the links you provided.
I was looking at trading myself and I have a bit of money and I like the warning that you give..I'm beginning to understand the difference between gambler and investor...
I like how honest you are😊. No pain no gain. I'm 20 and I am graduating college next week. I feel like college was a scam :/. Thankfully I am debt - free, but I do wish that I had worked more to save to trade.
You are speaking facts. Your hand and facial gestures are off the wall; very funny. But regardless, you're speaking the truth. Keep schooling individuals and I enjoyed your video. Thanks again.
Clay massive respect for 5:10 I've been trying to live my life like that I've got a part time job bring me in £120 per week and I brought you rbt course trying to learn as much as possible from you
No Pain no gain! That's true in every human endeavor. You have to work hard if you want to live a better life. I am fascinated by your articulateness and knowledge. Keep up the good work.
I like your style. A lot the whiny wimps tend to be the EMOTIONAL investors...opposite of what your raving audience is who is more HEAD than HEART tired of the feel-good positivity to spare hurting their delicate self with the straight-up real talk tough love needed. To all those whiny wimps, go somewhere else or don't even enter trading.
I greatly appreciate how you started off this video truthfully by going in depth about the mindset/philosophy you must have when going into trading. This mindset/philosophy is applicable to any field that anyone is trying to be successful; short-term pain.
ClayTrader no doubt. I was just laid off and I’m looking to get into trading, but I’m trying to gather free knowledge for now. I know eventually I’m going to need to double down on my knowledge and pay for courses and find a mentor. I’m going to watch a lot of your videos, but do you have any tips?
Just watched this now, and my 13 year old would lecture me before saying, "Dad in order to start your own business, you first need a job to make money!" even she knows that.
I really liked this video. It confirms what I think I already knew but needed to hear it again. I'm 34 and I would love financial freedom not just for me but my family. I'm earning better money now and I'm going to start putting some away and build on my knowledge so hopefully one day my loved ones can prosper. God bless you.
Nearly 40 years ago, I asked an uncle of mine about 'how to do the stock market.' I was a buck and he was pretty successful at it. I expected an answer that consisted of hot tips and shortcuts. His answer?--go to the library and check out a book or three on how to trade in the stock market. I, of course, was pissed. Pissed enough that I did just that. I read book after book after book and hung around the local M-Lynch trading office (yep, pre-internet days) bugging the broker. In forty years, we've been able to turn an initial investment of a few thousand into six figures. Reason I'm on your vids is because I've had a great-nephew ask me the same question I asked my uncle decades ago. Since UA-cam has replaced libraries, I've recommended you as one of two channels. For anyone who reads this, I'll reiterate what you're saying: there are NO shortcuts, there's only determination, learning, sacrifice (yep, may have to get that second job instead of playing video games in your parent's basement) and the ability to think. For our hard work and determination, we're retiring in the top tier. It CAN be done! Good job and don't let the nay-sayers below get you down.
I am 11 and I want to get into the stock market so I have been reading about all of this stuff and looking into business and trading and jobs for 11 year olds
perfect video! i am crazy new to trading with next to no money. i am a retired veteran with way to much time on my hands and i am looking for some to fill up my day that could pay out.
What would be good a starting capital? And what kind of education will one need? are you talking about book? Classes? Or perhaps major in college that guide that way? Thanks for your videos
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/ this will be very helpful in regards to what you're asking.
Clay I want to share with you a quick story. My 20 year old son received a $2200 tax return last year (2020) and he wanted to put it against his car loan. I told him to instead, for the first time, to invest it in his TSFA. I helped him pick what to invest in and he made $30k over the course of 10-12 months and then taught himself how to invest and increased his portfolio to $50k in about 14 months.
I'm 33, I started budgeting. My credit rating is shit, but I've got a good job. I started saving money and buying things that make me happy. Once my tax refund came I decided I didn't want new things. I have the money. I got my first credit card, paying off regularly. With a grand in my pocket I'm thinking beginning to trade might be an idea.
I stopped going to bars (and drinking all together) and only ate out once a week, sometimes no days a week. I also forced myself to wait a month before buying anything I thought I wanted (surprise surprise I usually forgot about it, and never once did I still want it if I did remember it). Fast forward a year and a few months later and lightspeed trader is about to get 30k. Don't trade short term satisfaction for your long term goals.
I saw a guy in a chat room basically make every excuse in the book why he couldn't do this or that. When he finally asked for advice someone told him "scrape sh*t together, bud."
Is it a good idea to make some money (with a minimum wage job) in my teenage years so i can use it later to trade, while i learn alot (about trading) while going to adulthood?
I am starting out at 29. We dumped our savings in my husbands new company that is doing ok. We make a decent living and comfortable. I do have some money to invest in education on this. I have some money put back and can always get more. I don't want to wait 5 years down the road to start actually making money trading. I don't want to have to lose a bunch of money either. I know I will lose some probably but I don't want to do guessing games. I have 3 kids and I'm not throwing away money. I'm going to continue watching all your videos and probably invest in you classes. I'm serious about this but don't want to have to throw away money and lose some just to learn how to trade.
Sounds like you are being wise, yet firm, in your plans. Which I won't lie, I'm glad my classes will be part of your plan. Let me know if you have any questions as you go.
someone needs to make a GIF of you tossing the imaginary money. that was hilarious. Thanks for the vid.
hahaha... that'd be funny
I gave it a go. Let's see if it worked! j.gifs.com/pgj0VN.gif
haha yeah agreed. Had to watch that a few times
lol I agree!
Eugene Harris it doesn’t provide service to the U.S.A
I have spent the last 7 hours organizing my whole financial life and taking notes on all your videos. 100% helpful and simply interesting to know being a college student. THANK YOU!
Thanks for watching Anna!
Man you need to give seminars to high schools to kids about life.Good Stuff
Thank you. I appreciate the kind words!
I second that
Your 'short term pain' analogy and diagram is brilliant. It's something we don't get taught well enough here in Scotland, UK. People instantly think the 'long term freedom' goal is achievable by skipping the hard work. In fact, I'll hold my hands up and say I'm guilty of the same mindset. Keep up the great work !!
Well, the difference with you is you have admitted it to yourself. Most people never do... so that in and of itself separates yourself from the vast majority of people. Well done!
This video is about "short term pain"(working extra hours, losing money, patience, etc.) as a prerequisite for beginning a new career/hobby/etc. That's it. If you're looking for "how to trade stocks," look somewhere else.
You can look here: claytrader.com/resources/
heh. Nice. I've watched a lot of your other videos. Good quality. Keep it up.
My dad's teachings on the market amount to: "You can't consistently win all the time. No one can consistently predict what's going to happen. The best you can do is diversify and follow the market. It's kind of like gambling."
Your thoughts?
Is it gambling? My response: claytrader.com/videos/stock-trading-quick-tip-stock-trading-gambling/
Sorry, but that's not what I'm looking for. "It's less risky if you use rules and tools. Give me your email and I'll tell you 3 of them free, but the 2 others will cost you."
Good luck with your endeavors, and thanks for the quick replies.
Ummmm... I think you have the wrong impression of this channel. I'm well aware of trading and "how it works". Good luck in your endeavors too. Cheers!
There are fifty thousand how to trading videos on youtube and not one of them starts by informing you that you need to learn self control before you can trade. Wisest words for a how to trade video for sure.
Cheers Tim. It's amazing how many people (read through other comments) fail to realize THAT is the point of the video and totally gloss over it. Then, fast forward to when they're showing no self control and losing money and wondering "why is this so difficult?"
I’m a newbie in stockmarket, I finally open an account last 2 days ago and I’m excited to trade and ivest and now I watch your videos as learning tool. Thank you so much from Philippines！
Give this a look too claytrader.com/blog/getting-started/
How is it going? Please reply🤙🏻
Im 16 and I want to eventually become involved with the stock market and I've got a part time job and I've got money saved up. But after listening to you I'm going to save even more money and spend less so I can have more money to eventually use in the stock market. You're videos are really helpful, keep up the good work!!
Thanks! Glad they could be of help and get you inspired.
King'sGamingProject in 12 hahaha
KronicNitron "in 12" hahaha
King'sGamingProject good for you. I wish i was doing this research at that age
You can start trading now get your parents to open you an account after you have done enough research.
Clay, I've got the mindset. I've been poor a lot of my life, spent lots, saved lots for my age. I don't have a phone plan to save, I don't own a car, I walk. I roof in the summer and I keep a part time while I'm attending school. I may actually pick up another.
I love it. Keep up on the path you're on.
Watching this video is "short term pain"
Good. You're learning how to not be so greedy.
Good video, man. good video.
Glad you enjoyed.
I don't understand people who dont' appreciate other people's videos. Don't watch them, its simple and take your time and energy where it belongs!
I find these super useful, great work and thank you :)
You're welcome. Thanks for the comment.
I like to watch ur vid jain
Kajal Jain great comment!
Good video. But how much money?? Thousands??
Same! I don't get it.. Just don't watch! This video really helped me!
never write with yellow please..
I'll keep that in mind. Thanks for the feedback.
Cadre Hanson it's a part of the short term pain
I buy yellow lighters so no one will steal them. lol
hahahaha :P
thats LIGHT green,. NOT yellow. but i see your point
Finally someone who´s real and cut´s the bullsh*t. Love to hear about to sacrifice and the short term pain. That is so true
Thank you Clay for sharing your knowledge.
It sort of caught me by surprise by some of the people who get upset about this video because they don't hear what they want to hear.
That's ameizing how so many people didn't really understand the msg.
How to start trading. Step 1 - mentality - to be ready to make sacrifices Time and Money.
Well done!!
I don't blame the people. There are so many "marketers" out there trying to prey on people by "selling the dream".... and yeah, "be prepared to sacrifice" is not really the best dream to be selling on my part lol
A little thought experiment.
Let's say you have a trader who come up with a strategy that makes 10% per day consistently.
They would be the richest person in the world, quite quickly.
i’m 15 and i wanna start trading early but half the time my mind can’t process what’s going on in the screen and i’ve been searching for videos to start bc i wanna have money to have a comfortable life in the future i’m sure with your videos i’ll be able to make that money :)
Cheers!
I cant even stress how much this video is refreshing
Thanks. Glad you enjoyed.
I'm 20 yrs old now! My daily life is the same as what you said: studying, doing assignments, having a part-time job, and now I'm looking for something new and I found buying stocks is interesting. I can make money with it
Just be careful, the markets are addicting!!!
@@claytrader thank you! I know I have to be educated and put effort into it. I plan to join your class as soon as possible!!
@@khuehuynhphamgia7201 great! hope to see you sooner rather than later.
How to start trading!!!!! Ill worry about getting a second job when i get started...Jesus man!!! How to cook an egg> First you got to get the chicken.....then a rooster.......I got the egg man!!!! Now how do i cook it?
That's great you have the egg. But please realize that just because YOU do, doesn't mean that everyone does. The world doesn't revolve around you... ya know?
Lmfao 🤣
mbbuildsit !
Lol lol lol
To be honest one of my major flaws is that I'm impatient. I have a hard time keeping a job because I'm just ready to jump in it what I want to do. Since you explained it like this it makes it easier to see that what's happening now is SHORT term pain. I must go through it to achieve my goals no matter the direction you go to make money to start. It's just short term. Thank you sir.
And thank you for watching!
"how to start trading" save some money and go to college, but I wont just tell you this, I will make a 12 minute video to explain these 2 simple things but I wont give any actual tips.
I gave THE MOST IMPORTANT TIP possible: get your mind right before you even start down the path.
Contact Robinson on whatsapp *+12082612489* a pro trader, he trades with robots and makes huge profits for traders
I've already started that journey by attending a coding bootcamp and living at my mothers house lmfao. I've been broke the last 2 years. But, it took 2 years of solid hustle, learning, applying, to get to where i am now and now I have a job paying me 80k. So, now I'm starting the process of learning this so I could do this part time while I'm doing the things I need to do. I've got a growth mindset. But, first I'm going to use paper trading and and online resources to have a solid foundation before buying any course or finding a community. I've got the time and patience to make it happen.
That's awesome!
Play at speed of 1.8 thank me later
Your impatience is going to cost you a boatload of money in your trading. Fair warning.
LMAO
thats that short term pain lol
ClayTrader hahahahahah BUUUURN
ClayTrader you speaking slowly isn’t going to impact anything. Maybe just accept your teaching method is wrong rather than trying to disprove 30 peoples feelings
I wouldn't say you were a "loser" but you were/are smart ! Thank you for explaining in simple terms and not using a bunch of words that only people already in the stock market would understand.
Cheers! Glad you enjoy.
I did NOT get anything out of this. I recommend a title change or adding more content. You beat that poor horse dead and then just kept whacking the carcass.
Well, according to the number of thumbs up, apparently some people did. Thanks for your feedback. Not get out there and be realistic with your expectations.
Im glad my short pain is almost over almost 2 years of studying and 8 months of papertrading and spend €4000 on trading education. Now starting with $3400 going to start making atleast my first trade next week. Great video!
All the best to ya. I hope you consider joining my community to assist in your trading. We have a good group and it's only $99 for an entire year claytrader.com/innercircle/
This is some of the most realistic, honest advice I have ever heard on the internet. This man is telling us the truth.
The truth goes a long way in my opinion.
Been investing for a few years now. Retired , but investing is really slow, ( and I don't have 50 yrs to invest)especially now the market has had major pullback because of covid-19. Ready to start making money to make life a little easier. I have a fair amount of capital to work with , You're a great Teacher. looking forward to watching them all.
Thanks for the kind words Liz.
i am not here to listen to what you have sacrifice. "How to get started trading" is the topic!!!
That's HOW you get started. You prepare yourself to sacrifice. Just because you don't like Step 1 doesn't mean that it is not valid.
ClayTrader I have to agree with you both, I came here to learn how to trade but i feel like the title of this video was a bit misleading. However, the things I've learned from this video have been quite valuable and I am glad I watched it. Good work man, I'm going to check out more of your stuff and subscribe!
Cheers and thanks for the feedback.
claytrader please do not care about them you are doing a great job here
99% of the viewers needed that reality slap in the face. Myself included. It is indeed a big part of getting started.
Great video! You basically described my life, I work my full time job, do my grad schools assignments, work on my business and try to learn ways to invest the spare money I have from my wages and side income, that’s all I do (and sleep). It’s hard, I’m exhausted sometimes but I know It will pay off at the end. I found inspiration to keep going on your video, thanks!
You got this!
I'm gonna watch this video whenever I feel like spending my savings lol
cause it kinda gets my motivated.
Great Video! Cheers ^_^
Thanks, glad you enjoyed.
Do you have a video on how to read stocks? Like how do we read the charts?
Lots and lots, here claytrader.com/takecontrol/
This is twelve minutes of patronizing your audience. Most of us realize that trading stocks isn't a cakewalk. But honestly, if you imagine that you're speaking to some hippy-dippy, booze-drinking, game of thrones watching millennial, then you shouldn't make this channel. Those people don't normally give a dump about the market.
Your video can be summed up in one sentence:
"Making and keeping money is going to be hard if you have bad spending habits"
Thanks a bunch, Sherlock.
Thanks for the feedback. Given the other comment's I've gotten, I know it's help at least several people, so that makes it worth the time on my end. Take care.
I guess I shouldn't expect everything that shows up in UA-cam to be catered 100% specifically to me. I appreciate your willingness to educate. Sorry, sometimes I forget these comments are read by actual people. Keep up the good work, man. Don't let dumb-asses like me stop ya.
lol... cheers my friend. Your humbleness and NON Keyboard Warrior attitude is a breath of fresh air.
Cloud Galaxy you just made my day with that attitude ✨
This guy is speaking The Truth! No Frills. No BS. Take it or Leave it. Its like Blockchain... no feelings.
Cheers to that!
Clay! GM Sir! Jumping in... 1st Course of Six. Very Soon. Thanks for the SPARK! More to follow...
This is one of the best "stock trader" youtubers I've seen. Great video! Great and accurate representation of the learning process!
Thanks for the feedback.
BEST VIDEO I HAVE EVER SEEN FOR A BEGINNER IN THE TRADING WORLD! SHORT, STRAIGHT, TO THE POINT, AND BRUTALLY DIRECT! Love your stuff man!
Cheers! It's crazy how many people are offended by the video. You are the type of person who will succeed!
I really feel like you upset about not being caught up with Game of Thrones.
lol.... furious!
flash back lol
Thank GOD for this man. Im starting my business while in college and trying to learn stocks and trying to get in med school. This is a big leap in knowledge
Cheers!
Thanks for sharing this video. Love that "short term pain" part. More power to you Clay! Looking forward for more videos.
Cheers
Your honesty is appreciated Clay.
Thanks
I like your style. I admire your work ethic. I'm just getting started...great presentation !
Thank you very much.
I'm also a newbie. Trying to learn everything i can. has helped me make 1000 usd in 1 week. Reach out to christian fraser to carrry you along. He trades for you and teach you along too. I really recommend him to anyone. Reach him at cct.fraser @gmail .com
Margaret Elizabeth >hi Elizabeth- 1k in a single trading week is fantastic!
I have other issues... I work at 2 different hospitals over a 6 day week and I just can't trade when I need to/want to/should be trading...🙁
Sure Joe. Its not always like that thou. Some weeks don't go too well. But i could always boast of overall positive earning over a period of a month. Been trading for 4 months now. How long have you been trading?
I feel like taking this guys advice might make me a little richer in the long run, but also turn me into a angry, no nonsense person that rarely smiles by age 50. I mean I'm pretty sure there are other ways to be successful in the stock market without being overly critical.
I smile plenty.
needed to hear this, great vid
Thanks. Sounds like good timing for you!
Former buckeye!!!! I'm a current buckeye and i'm loving your story and how you got started, funny thing is I'm doing the same exact thing right now,. Sleep, eat, class, study . Thanks for your time!
Go Bucks! What are you majoring in?
@@claytrader I'm in Fisher double majoring in Finance and Economics.
Awesome! Glad to hear you chose degrees with some practical uses.
Thank you so much for this great information.
I so wish I had a mentor like you growing up.
You're welcome. Glad you found it helpful.
listening to this while i study trading... heard the part when he said 90% of traders fail and my heart skipped several beats... i will not be deterred! bring on the lessons
This segment will shed lots of light on why so many fail claytrader.com/video/claytrader-mail/
This is real talk
No other way to approach it. Set expectations in line with reality.
I can tell you’re a really trustworthy guy. I’m glad I clicked on your videos first. I’m just gonna stay on this channel to learn about stocks until I have my debt paid off then I’m going with a big stock company. I just want to be educated on it so I know what they’ll be doing with my money. Anyways, thanks!
Thanks for the kind words and well done on focusing on your debt elimination first!
1:04 “When all the strippers got you down to your last buck”
yup!
Preach it! I dont get why people think so low of budgeting ! I have always been budgeting and this is what helped me manage my expenses living overseas during my studies. Those sacrifices were well worth it! Through putting money aside for 2 years straight I saved $4000
Im in France now continuing to save and I plan to invest in real estate and hoping to launch my own company with these savings
Your videos are helping refine my financial objectives
Cheers!
Paraphrasing, he says "Don't rely on internet to get information, go to school" and says "90% of trader's fail." He got that second part from the internet...............................................
That was not a very good summary.
No where in my text did I call it a summary. At all.
Oh I see, your'e the type who leaves a comment and then clicks the thumbs up next to it immediately. lol... enough said.
You're the type to take the effort to respond to something that took less effort. Keep up, kiddo.
lol... and there it is again, you made a comment and then clicked your own thumbs up... lol... classic!
Dude, ima FREACKING give you one of these 3 things once I succeed at trading and I'm halfway there to becoming a millionaire cuz I love your simple yet totally understood teachings which motivated me to pursue this field more seriously now that I've gathered more knowledge and courage to persist and not quit cuz of misinformation I received from pessimistic people in the past! These 3 things are:
1) A brand new Porsche car of your choosing,
2) Any one ex girlfriend of mine who doubted me and summarized that I will never account for anything,
3) My student loan as a whole, or a partial amount!
You pick! Thanks man!!
Cheers
this is actually what I needed to hear. I'll make a budget and be back later. ty clay
Cheers! Glad it could help out.
Did it work out?
Thanks for your honest and straightforward approach. My dad nearly got roped into a $25,000 trading class at a flashy sales seminar. The finance fee (before interest) alone was more than your entire course. The real kicker for me was how they told students what lies to tell a brokerage firm in order to get an options account when they don't actually meet the criteria, rather than teaching them how to make a plan to meet those criteria.
$25,000?!?!?!? Ugh.... I really should raise my prices lol
Noo... clay...plz don't raise ur fess.... haha.......
This entire video could've been summed up in about three sentences. You're not wrong about what you're saying, but you have mislabeled the video (try something like "Trading 101: Requisite Mindset / Mental Preparation") and wasted 12 minutes for 200,000 viewers. More specifics and less soap box, please.
People don't remember a 3 sentence summary. People need to have these things driven home.
If you go to any finance university they will teach you those words in 3 hours and a half... be thankful
nathalie gerges plus it's for free
peoplearepeole / true
This is the best video you can apply for all online business. I just got a new job so I can restart my Shopify store again. Everything in this video I did when I was making 200/ wk but found a new job more capital more opportunities. I hear you though just get up and do it emotions aside. This really sharpened my sword 🗡
Thanks for feedback. I'm glad you enjoyed!
What type of education (maybe other than college) would you recommend to take?
I'm biased, so I'm not going to sit here and give you some high pressure sales pitch, all I'll say is that if you enjoy the free content I have to offer on my site and on UA-cam, I can very confidently say that I'm sure you would find great value in my premium content/training. If interested, you can find my training courses here: claytrader.com/training/
Appreciate the reply. Will look into it, thanks.
You're welcome. Let me know if you have any questions.
Im 15 right now, about 6 months ago i got my dad to setup a limited company which i am 100% shareholder in so its basically my company. I do lawn-mowing for elderly people mainly so its normally the same people i go to but i get new customers here and there. I managed to make a very large sum of money (even in this 6 months) from which i'm going to use to trade with then hopefully invest that money into creating a company which i can grow unlike a lawn-mower business. I am sharing this with you guys so if there are any other young people here they know its never too early to start doing this. In this case trading on the stock market.
Congrats Ben. Your work ethic will take you far.
bruh talking about beating a dead horse.. next vid
Bruh.... calm down.
The most practical video EVER for beginner traders.
Thank you.
I'm forever explaining this to my friends. One asked me the other day if I wanted to come to a concert. I said no, because of the money. I have debts, which are my priority. After that, It's your courses. Then, it'll be some more courses, because I like doing courses. It's taking me a while and it's been a bad couple of years as compared to the usual, but i'll get there. Persistence is insurance against failure.
Smart! Get those debts cleaned up first!
OMG! Patronizing, waste of my time
Please calm down. You apparently missed the point. You better get your expectations in line with reality or you'll never have a chance at success. If you ALREADY have done that, then good for you, you are well ahead of many.
As a beginner trading might seem a bit difficult so it is a good idea to do your own research,learn a trading strategy and take your decision
I agree.
useless vid. no real info. on how to trade
Amazing. You better get an attitude check - claytrader.com/videos/comparison-2-attitudes/
True, i never went to any parties as well. I'd rather work on my goals than drink beers all night and watch how my classmates and all the other kids waste their life on nonsensical stuffs. It was all worth it. My classmates in high school married young while im working on my dreams. Now im learning trading thanks for this video and the links you provided.
Cheers to that!!!
I’m 16 and I’m studying online trading hopefully when I’m 20 I’ll be a experienced well earning trader for my age
Watch this claytrader.com/videos/how-to-invest-money-as-a-teenager-step-by-step-advice/
I was looking at trading myself and I have a bit of money and I like the warning that you give..I'm beginning to understand the difference between gambler and investor...
Great!
You are an amazing guy! I've just started your online courses. It feels amazing.
Great to hear!
I like how honest you are😊. No pain no gain. I'm 20 and I am graduating college next week. I feel like college was a scam :/. Thankfully I am debt - free, but I do wish that I had worked more to save to trade.
Thanks for watching and thanks for the kind words!
A lot of this is very true.. Been trading almost 2 years. Mastering psychology and discipline is quite the journey.
Cheers and thanks for sharing.
You are speaking facts. Your hand and facial gestures are off the wall; very funny. But regardless, you're speaking the truth. Keep schooling individuals and I enjoyed your video. Thanks again.
"off the wall"... "funny"... good! If I can mix that in to make the learning more enjoyable, then that's the goal! Thanks for the feedback.
Im from the Philippines, 20 years old, I really wanna learn how it works 'coz life's tough here.
I'll be watching more of your videos ❤️
Welcome aboard!
Clay massive respect for 5:10 I've been trying to live my life like that I've got a part time job bring me in £120 per week and I brought you rbt course trying to learn as much as possible from you
Keep up the hard work. Short term pain for long term pleasure!
No Pain no gain! That's true in every human endeavor. You have to work hard if you want to live a better life. I am fascinated by your articulateness and knowledge. Keep up the good work.
Cheers. Thank for the feedback.
I like your style. A lot the whiny wimps tend to be the EMOTIONAL investors...opposite of what your raving audience is who is more HEAD than HEART tired of the feel-good positivity to spare hurting their delicate self with the straight-up real talk tough love needed. To all those whiny wimps, go somewhere else or don't even enter trading.
Cheers to that!
I love how you engage with your audience in the comments section.
I try my best!
I greatly appreciate how you started off this video truthfully by going in depth about the mindset/philosophy you must have when going into trading. This mindset/philosophy is applicable to any field that anyone is trying to be successful; short-term pain.
Thanks!
ClayTrader no doubt. I was just laid off and I’m looking to get into trading, but I’m trying to gather free knowledge for now. I know eventually I’m going to need to double down on my knowledge and pay for courses and find a mentor. I’m going to watch a lot of your videos, but do you have any tips?
Now this is how you outline an educational video about trading. Slap them with reality first.. lol
It makes some people angry, but yeah... the truth hurts.
All I have to say is your 100% right with short term pain and people complaining.
Thank you very much!
Contact Robinson on whatsapp *+12082612489* a pro trader, he trades with robots and makes huge profits for traders
I’m 17 and just getting started!!! Your videos are helping me so much!! Thank you for this wonderful content!
Be sure to watch this too claytrader.com/videos/how-to-invest-money-as-a-teenager-step-by-step-advice/
Just watched this now, and my 13 year old would lecture me before saying, "Dad in order to start your own business, you first need a job to make money!" even she knows that.
Well then good job on the parenting front!!!
this video is about what it takes....the sacrifices we would have to make to achieve our goals...i love this video
Cheers
I'm 16 years old and he has taught me everything i know about this
Awesome. Cool to know you are that young and already interested in the markets.
I really liked this video. It confirms what I think I already knew but needed to hear it again. I'm 34 and I would love financial freedom not just for me but my family. I'm earning better money now and I'm going to start putting some away and build on my knowledge so hopefully one day my loved ones can prosper. God bless you.
Thanks for watching!
Nearly 40 years ago, I asked an uncle of mine about 'how to do the stock market.' I was a buck and he was pretty successful at it. I expected an answer that consisted of hot tips and shortcuts. His answer?--go to the library and check out a book or three on how to trade in the stock market. I, of course, was pissed. Pissed enough that I did just that. I read book after book after book and hung around the local M-Lynch trading office (yep, pre-internet days) bugging the broker. In forty years, we've been able to turn an initial investment of a few thousand into six figures. Reason I'm on your vids is because I've had a great-nephew ask me the same question I asked my uncle decades ago. Since UA-cam has replaced libraries, I've recommended you as one of two channels. For anyone who reads this, I'll reiterate what you're saying: there are NO shortcuts, there's only determination, learning, sacrifice (yep, may have to get that second job instead of playing video games in your parent's basement) and the ability to think. For our hard work and determination, we're retiring in the top tier. It CAN be done! Good job and don't let the nay-sayers below get you down.
Thanks for sharing!
I am 11 and I want to get into the stock market so I have been reading about all of this stuff and looking into business and trading and jobs for 11 year olds
Do this strategy and you'll be worth millions someday claytrader.com/courses/grow-rich/
perfect video! i am crazy new to trading with next to no money. i am a retired veteran with way to much time on my hands and i am looking for some to fill up my day that could pay out.
Thank you for your service! Good to know that you are well aware of the time commitment it will take.
What would be good a starting capital? And what kind of education will one need? are you talking about book? Classes? Or perhaps major in college that guide that way? Thanks for your videos
Hi Daryl, give this a look claytrader.com/getting-started/
How much would be a good start up budget for trading. How much capital would I need in ur opinion to start. Including buying courses? Thanks
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/ this will be very helpful in regards to what you're asking.
Clay I want to share with you a quick story. My 20 year old son received a $2200 tax return last year (2020) and he wanted to put it against his car loan. I told him to instead, for the first time, to invest it in his TSFA. I helped him pick what to invest in and he made $30k over the course of 10-12 months and then taught himself how to invest and increased his portfolio to $50k in about 14 months.
That's awesome! Well done to your son!
I'm 33, I started budgeting. My credit rating is shit, but I've got a good job. I started saving money and buying things that make me happy. Once my tax refund came I decided I didn't want new things. I have the money. I got my first credit card, paying off regularly. With a grand in my pocket I'm thinking beginning to trade might be an idea.
Just make sure you invest into LEARNING how to trade before actually doing it.
are there online courses that teach you how? or what books should i get?
I offer this claytrader.com/takecontrol/
Dame it, your just giving us history about yourself and the college.
Nope, I'm giving you a story to explain IT IS NOT EASY.
@@claytrader okay... Please can you teach me how to trade.....I really want to learn it. Thank you..
@@Allgizt sign up for this (free) class I offer claytrader.com/1-hour-trader-transformation/
I stopped going to bars (and drinking all together) and only ate out once a week, sometimes no days a week. I also forced myself to wait a month before buying anything I thought I wanted (surprise surprise I usually forgot about it, and never once did I still want it if I did remember it). Fast forward a year and a few months later and lightspeed trader is about to get 30k. Don't trade short term satisfaction for your long term goals.
That is awesome! Please consider joining my community, you'd fit in nicely: claytrader.com/team
I saw a guy in a chat room basically make every excuse in the book why he couldn't do this or that. When he finally asked for advice someone told him "scrape sh*t together, bud."
Ugh...
I need Game of Thrones. Come on man you can't live without that.
haha
Is it a good idea to make some money (with a minimum wage job) in my teenage years so i can use it later to trade, while i learn alot (about trading) while going to adulthood?
Absolutely!
i would have just rolled the dice. luckily this video stopped me from doing something i would have regretted. Thank you!
Glad it helped! Well done on being honest with yourself. Self-awareness is a big key to trading.
I am starting out at 29. We dumped our savings in my husbands new company that is doing ok. We make a decent living and comfortable. I do have some money to invest in education on this. I have some money put back and can always get more. I don't want to wait 5 years down the road to start actually making money trading. I don't want to have to lose a bunch of money either. I know I will lose some probably but I don't want to do guessing games. I have 3 kids and I'm not throwing away money. I'm going to continue watching all your videos and probably invest in you classes. I'm serious about this but don't want to have to throw away money and lose some just to learn how to trade.
Sounds like you are being wise, yet firm, in your plans. Which I won't lie, I'm glad my classes will be part of your plan. Let me know if you have any questions as you go.
Excellent. You sir are creating REAL investors.
Glad you enjoy!