Stock Market For Beginners | My Favorite Trading Tool (100% Free!)

Whether you are a new trader to the stock market or someone who has lots of experience trading online, the search for tools never ends. In my decade of experience in trading the markets, the one thing I've learned is that when you keep things simple, the rest will fall into place. In this situation, it's all about build a perspective four ourselves as traders that we can count on to protect us from the many emotions that may attack. One of the most common emotions day traders (and swing traders) suffer from is greed. But, there is a very quick and simple way to control greed and that's where this simple and free trading tool comes into play.

[jasonshimkus]

Clay, because of you, I have abandoned looking at dollar amounts when I trade. It's all about percentages for me. With my strategy I set a 5% gain. I set a sell order at that 5% if I don't have time to watch it. If I have the time to watch it, if it exceeds that 5%, then I set a trailing stop at 2%. I know you would probably consider that a tight trail, but I've seen that it works better for me as it affords me so much more control over my p/l category.

Thank you so much for taking the time to do videos like this. I would say ~half of the knowledge I have gained with the market has come from you sir.

[billstapleton]

Something else to consider. 8.9% in 1 month equates to 106.8% p.a.
Not a bad ROI if you can double your money every year. 👍
Great lesson Clay!

[markmitchell]

Great video Clay. I am a CTU member and struggle with when is enough enough when planning a trade. This has changed my perspective. Thank you and keep up the great work!

[baronlemewproductions]

You always have good examples to lead into the Trading World. Bring the ego down and show what you could do. Thanks.

[meow]

Thank you for the video Clay, your videos and website has been incredibly useful and easy to learn. I’m ready to finally start trading myself hopefully early next year. Thanks for showing me it’s possible that it’s something that I can do to.

[kssouthwell]

The free tool is? Your charts in your Trading platform?

[dannychavez]

Clay trader do you use level 2 and is it free? Also is it 100% necessary to use level 2? Also what brokerage do you use for micro cap trading? I’m getting started and undecided wether to use lightspeed or interactive broker

[joshs]

What tool is this that you are keeping up with your trade log with?

[cusionwong]

What indicators do you use the most sma 50, 100, and 200?

[wiseman]

9% each month of a capital of $300, 000 is $27, 000 in that one month. Which goes to show you the larger capital you have the better.

[brucetoh]

what about losing hope when you've yet to make $1 profit and questioning your choices?

[JoseHernandez-sziq]

How to get the report where it shows fees, gains, losses etc?

[Teshcbuk]

commissions are too much here in the 🇬🇧. Do you have any decent brokers?

[klarencenpro]

Great video Clay. Just curious.. do you have special commission rates with lightspeed?

[chankanyy]

Best thing to know is to never follow people that sells courses

[SwingTrading]

I’m gonna need some eyeglasses to read that report

[crypticcabe]

GR Michigan, Im in the Cadillac area lol small world