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Day Trading Income | The Truth About Making Money Online With Stock Trading (My Results) - YouTube
Channel: ClayTrader
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welcome to the Friday Drive the first
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couple that I've done got good feedback
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sounds like everybody enjoys it so I'm
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gonna keep doing those and this video I
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want to talk about or this Drive I
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should say I want to talk about my
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September results so I guess is when
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this post it'll be October 3rd or 4th so
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just a September's I just finished up
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and definitely nothing to brag about but
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the reason I want to talk about it is
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because there's some really good
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learning lessons in it and there's some
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really good kind of screw-ups on my part
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that if you can avoid them or at least
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be aware of them then as we're gonna see
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it can quite literally save you some
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money because it was not a good month
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and a lot of that had to do with some
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exterior you know dynamics going on that
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I did you know self-admittedly I
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shouldn't have let them affect me but
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they did and it cost me cost me not a
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huge amount it was still a green month
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but it's something that shouldn't have
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happened and that you need to be very
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aware of because the human mind is oh oh
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such a tricky place so we'll put up on
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the screen right now my results for the
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month of September and you can see there
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that I ended up making right around 1680
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dollars and also maybe you're taking
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notice of that big old red number down
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there in the amount of negative 955 so
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that's what I really want to focus on
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here is that yeah that was that was a
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big loss but the crazy part is and are
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we still going straight now yeah ok the
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crazy part about it is that and well now
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the screenshot will put up there shows
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that actual day and it was actually a
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good day but then the big trade happened
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where I lost was $1500 and it was one of
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those situations where it wasn't even my
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strategy it was me trying to get cute it
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was me trying to just you know that's
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what you have you ever heard of you know
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don't force a trade don't force a trade
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that's what can happen when you force a
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trade is a big loss and that really kind
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of wrecked my month in a big way and in
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fact if you had if I had taken that out
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I would have actually grown my account
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on the month 11.8% now 11.8% in one
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month that's really good and I mean if
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you go to like bankrate.com
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and you check out what the CD rates are
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so certificate of deposit I mean you can
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get
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making this up so I don't know exactly
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what they're but we'll call 2% it's
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gonna be right around here so it's not a
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total lie but if you go to bank rate.com
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and look at this CDs the depict if it's
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a book deposit I mean you could get
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maybe 2% for like a year
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maybe 2.5% for like 18 months so 2.5%
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accountant growth in 18 months or 11% in
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1 month I'm going to take the 11% but I
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didn't get 11 percent because I screwed
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up with that $1500 trade which I'm going
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to talk more about here in a second but
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even with 1680 I still ended up growing
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my account by 6 percent in only one
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month so I mean like I said it should
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have been much better than that
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but I'll take a 6% account growth or 5.8
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5.9 I'm not sure exactly what the math
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is I actually wrote it down but I'm
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trying to keep my eyes on the road to
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5.9 percent I just saw it there and it's
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all taken especially when the button you
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know the comparison is I could have just
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put that money in a bank CD and gotten 2
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percent in 12 months I'll still take
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that 6 percent for one month but let's
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go back to that loser why did I take the
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lawsuit well I will put back up that
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main screenshot again and maybe you
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noticed over there a whole bunch of
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zeros well there is a bunch a bunch of
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times in September where I didn't even
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trade which also kind of makes me feel
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better about all this because I was
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still able to grow my account by 6% and
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I didn't trade you know five or six
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seven days but the reason for that is
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early on in the month I went out to
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California to visit my sister and
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brother-in-law out there so right there
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was the vacation wasn't making any money
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wasn't you know really trading or
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anything like that I mean I I briefly
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looked at the markets but I was wasn't
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at my home computer anything like that
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and then later on in the month you saw
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more zeros and that was due to the fact
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that I went and visited a buddy out in
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Baltimore so again I was you know a
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little miniature vacation from the
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market but here's the tricky part was
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the month started off and just as
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overall context the month of September
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wasn't that great anyways I mean the
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other some decent you know movements out
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there but volatile I mean just wasn't
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there there was something off and
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so it is what it is but because it
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started relatively slow and then because
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I had that California vacation where I
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you know didn't make any trades the
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voices of you know clay that this month
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isn't really I mean what are you doing
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like the month isn't really looking that
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good it's not your accounts not really
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grown this is going down to one lane
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isn't it yep alright so like those I
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hear with truck in front of us is that
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the first is another first so I see that
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and those voices show up and you know
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again shame on me this it's not an
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excuse I'm it's not like I knew the
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market
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I recognize the voices but yeah alright
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well you know put back at whatever you
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know back off and I had some months and
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then just that day that I showed you you
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know it was coming I was like hawk great
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you know via the account is still
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looking like this barely anything's
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going on and barely any growth and now I
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have this Baltimore vacation coming up
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where I know I'm gonna be away from the
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markets for even longer and I'm not
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gonna be a being trading there I'm gonna
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be out you know having fun so then
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that's like hoe alright why I need to do
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something and you know in life it's good
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to go out there and do something right
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just give something to try but in
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trading you don't always want to be
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doing something that's something you
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should be doing there's nothing sitting
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on your hands and this is exactly why I
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try to force something I try to get cute
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like I said and ended up costing me the
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big trade so just remember that when you
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are out there trading the whole oh great
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oh great I just needed to make something
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happen that's a very real voice and it
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can come up when you have just different
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things where either you're not happy
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with your month or in my case I wasn't
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happy and then I also knew that I was
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gonna have more days away from the
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market where I wasn't gonna be able to
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you don't grow at all because I was
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going to be obviously away and that's
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what ultimately got up and bit me was
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that voice of not being happy and then
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knowing that I wasn't gonna have you
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know maximum time so I heard he needed
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to you know take advantage of the time
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that I had and that's how a lot of
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people it works where you know maybe you
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only have an hour before you have to go
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into your day job or you know I only got
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90 minutes before I have to go in my day
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job and that's very very tricky
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situation in being because you can
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really feel that voice of I need I just
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need to make a trade cuz I only have 90
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minutes and it can really bite you so be
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very aware of that voice and you know
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let my results speak for themselves I
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mean the month would have been very very
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different but because I let that
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boys show up for that one trade my one
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month went from you know 11 percent
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account growth down to 6 percent account
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growth because of one trade one trade 11
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percent to 6 percent so it's very real
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and I don't like you know one meeting
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that I'd much rather be like look at me
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I just made $800,000 but nobody learns
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from that and nobody learns from most
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sorts of situations other than oh wow so
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I'm just gonna sign up for a brokerage
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account and I'm gonna make no these are
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the videos that hopefully people learn
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from because that was the mistake on my
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part
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I don't like publicly confessing those
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mistakes I don't like publicly
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confessing hey I made sixteen hundred
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bucks but you know what welcome to the
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real world trading you can't have
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massive months every single month
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sometimes life happens right and life
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was happening to me but the problem is I
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let life you know crunch down on me and
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it forced me make not like lots of bad
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decisions one one bad decision that's
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all it takes is one trade and it can
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really transform the way your month or
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you know everything is looking so take
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that away
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don't let the force voices be very aware
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that when you're day trading or any sort
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of trading no force unit rate is very
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very real and it needs to be avoided for
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all the reasons you just saw right here
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so hopefully this helps and I get it yes
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feel free trolls dude you suck you only
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made six I know I know I'm a terrible
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trader I get it I'll save you the time
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you don't have to tell me but for those
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of you that are here looking to actually
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learn turn left
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alright then yeah take this for what it
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is and be very aware of that force trade
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voice because like said all it takes is
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one and things can change around quite a
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bit first off thanks so much for
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watching the entire video real quick
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before you go I want to invite you to a
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live webinar web class training workshop
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online event whatever you want to call
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it but it will be me live revealing to
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you what I discovered that has allowed
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me to transform myself from being an
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employee to being my own boss including
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how I had only one losing day out of 73
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days in total I'm going to cover three
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keys that have helped me unlock
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profitable consistency within the
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markets the first key is super-weird but
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in a productive type of way the second
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key is super awesome because it quite
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literally is wired into our DNA as
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humans making it very easy to use but in
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a cruel
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way this becomes a pitfall for many
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traders I'll explain it although
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including how to avoid the pitfall that
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it creates for some and yeah the third
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key when you hear it sounds way to get
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way too good to be true but it's not and
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I'll show you how it all works then at
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the end I open it up for a
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question-and-answer session that is
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again totally live even if you can't
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make the live session please still sign
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up as it will be recorded and you can go
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back and watch the replay then I will
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send you click the image on the screen
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or click the link down in the
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description box so you can get the date
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and time and claim your spot which I
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should know is limited due to the fact
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that this truly is a live event if you
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have any questions let me know
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if not I'll be seeing you soon
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