This Day Trading Stock Indicator is a Game Changer (here's how it works...)

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ClayTrader

ClayTrader

Күн бұрын

Пікірлер: 549
@amariecorujo8604
@amariecorujo8604 4 жыл бұрын
I am in my 40's, and have traded off and on since my 20's. I took the past 3 years to break from day trading, it was taking over my life. I am preparing to get back in but trying to start slow. Your videos have been exceptional. Keep up the good work.
@claytrader
@claytrader 4 жыл бұрын
Thanks for sharing!
@kleverAgudoMUSICai
@kleverAgudoMUSICai 11 ай бұрын
Hi which programs can I use
@fernandafernandesaugusto3851
@fernandafernandesaugusto3851 4 жыл бұрын
I found your channel yesterday and have already picked up really valuable new information. It's also really nice watching you trade with real money and not in simulators or just explaining on the board. You're very didatic. Thanks for the videos.
@claytrader
@claytrader 4 жыл бұрын
Awesome, thank you!
@mylittlepeaceofheaven420
@mylittlepeaceofheaven420 4 жыл бұрын
I love the wind analogy. It really helps to picture it!
@claytrader
@claytrader 4 жыл бұрын
cheers
@Laviathan50
@Laviathan50 4 жыл бұрын
Never piss into the wind, or you'll end up with a huge mess
@claytrader
@claytrader 4 жыл бұрын
this is true...
@1Deejay7
@1Deejay7 4 жыл бұрын
Lol
@claytrader
@claytrader 4 жыл бұрын
@Man in the Park cheers
@chanproperties
@chanproperties 4 жыл бұрын
Why didn't you guys tell me earlier? I am changing into my 3rd pair of Levis! Stop Lost @ 4th Pair.
@elvinblack3208
@elvinblack3208 4 жыл бұрын
more importantly never piss on an electric fence
@xxAutoFlowxx
@xxAutoFlowxx 4 жыл бұрын
I like the way you trade Clay. Not greedy....Sensible and responsible trading.
@claytrader
@claytrader 4 жыл бұрын
Thanks
@jacobcutrer
@jacobcutrer 4 жыл бұрын
This is actually how I trade. Except one time I didn’t put a stop loss on a trade and lost my gains 😂
@claytrader
@claytrader 4 жыл бұрын
whoops......
@AA-ou9et
@AA-ou9et 4 жыл бұрын
Just once?!
@pamj3817
@pamj3817 4 жыл бұрын
What is ur risk reward ?
@6wermz
@6wermz 3 жыл бұрын
If I use the spy to judge the wind of the market. Doesn't it only include the stock in the sp500? Should I use also the ixic and maybe the Dji for the stocks in those?
@claytrader
@claytrader 3 жыл бұрын
You can experiment if you want.
@pushpenduroy1922
@pushpenduroy1922 4 жыл бұрын
Let tell you one thinig ,I exactly started trading the way u said in this video but i was not aware that people do use it , i discovered it by my self , after watching your video i really think I'm in a right path ... Great video sir 🙌🙌👍👍
@claytrader
@claytrader 4 жыл бұрын
Nice work!
@dsha777
@dsha777 4 жыл бұрын
thoughts on entering a trade with a stop loss and limit set? vs. actively deciding when to sell.
@UndefinedLastName
@UndefinedLastName 4 жыл бұрын
Daniel Sha use a mental stoploss if you can be disciplined
@claytrader
@claytrader 4 жыл бұрын
you should know where you want to sell before entering
@korn6668
@korn6668 4 жыл бұрын
If you are going to trade based on the spy, why not trade the spy? And if you cant afford it, how about the spxl? ...
@claytrader
@claytrader 4 жыл бұрын
Because then you have no edge...
@svjimsalcedo8639
@svjimsalcedo8639 4 жыл бұрын
Clay Thank you for the knowledge. First timer here, the concept breakdown is clear and clean. The emotional mental guilt is real. My playing with money worldview, guilts me in “you worked so hard to make what you have”, why you guessing on a probability? The mental drama was the $29 option buy in. The floor drops on the stock, my mind tells me, you should have waited. Options come with a time option that gives you a do over on the next day. I made my first $4 profit in one day; then your message repeated in my head, “penny stock on steroids”. I compared a purchased stock vs option leverage. One gave me .06 cents the other $4, in the same time. Wow! Thank you, thank you, thank you! Looking forward to grow in understanding shorting the stock! Thank you again! JS
@claytrader
@claytrader 4 жыл бұрын
Cheers and thanks for the feedback and thoughts!
@MiniFun92
@MiniFun92 4 жыл бұрын
In general i learnied tradeing playing videogames. I did not realy knew how it worked in stocks. Just by listening ur videos and hearing what u say.. seing data u show... it makes pure sense. Like u mentioned urcertainly about vwmp or what was it called. Ofcourse it is like that.. but also there is politicial influence and global influence that affects actual buisnes of whitch ur buying those stocks. There is many things around that but they also are posible to predict in theorie.. but thats another level of trade. Thank u man so much. Im feling wery mutch confidient in starting this. There is so much info out there that is just messing with ppl.. and makes no sense. I think actualy ppl trie to trick ppl into scaming
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@draegbeast9041
@draegbeast9041 4 жыл бұрын
So if i understood this correctly, the SPY is a summary of all markets? or just stocks? please explain
@claytrader
@claytrader 4 жыл бұрын
The USA stock market
@JasonTheMunicipalMechanic
@JasonTheMunicipalMechanic 4 жыл бұрын
I can understand trade risk management, which in the beginning it’s basically just practice. If your not able to be a day trader because of pdt rules then using real risk management you would meet your limit pretty quick and not make much. Sometimes you have to risk more with a small account. Is it worth making a few dollars and using one of your few day trades.
@claytrader
@claytrader 4 жыл бұрын
Yup, true.
@ThatDudeTonyB
@ThatDudeTonyB 4 жыл бұрын
Clay quick question .. your trading tool choice of E Signal. Why? Asking because isn't their data delayed?
@claytrader
@claytrader 4 жыл бұрын
Because they allow me to offer a better experience for my students of the education business I offer. Budget friendly wise, go with this for good charts = claytrader.com/videos/a-great-platform-to-get-started-trading-stocks-for-only-1-99/
@SosoTateladze
@SosoTateladze 4 жыл бұрын
Hi. Thanks for an educational video. A question of beginner. What kide of Moving Avarege do you use (like simple or EMA) What I know, it's recommended MA with 20;50;100 days.
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@chans6924
@chans6924 4 жыл бұрын
What platform do you use to trade stocks? Your positions are closed out much faster than Think of Swim TD Ameritrade.
@claytrader
@claytrader 4 жыл бұрын
Here you go claytrader.com/resources/
@jjhanleyiii
@jjhanleyiii 4 жыл бұрын
I'd take 50% profit every time!!! Good Job
@claytrader
@claytrader 4 жыл бұрын
Cheers
@behnammortazavi-asl7117
@behnammortazavi-asl7117 4 жыл бұрын
I enjoy your videos. Thx. Why don't you use SPX itself for market winds indicator instead of SPY?
@claytrader
@claytrader 4 жыл бұрын
No need
@behnammortazavi-asl7117
@behnammortazavi-asl7117 4 жыл бұрын
@@claytrader i havent looked into it scientifically but i assume spx and even more /ES will give a couple of seconds or so head start compared to spy.
@omega13.
@omega13. 4 жыл бұрын
I looked on trading view and there are literally 100 versions of SPY.. can you recommend one please?
@claytrader
@claytrader 4 жыл бұрын
I'm not sure what you mean by "versions"...
@omega13.
@omega13. 4 жыл бұрын
@@claytrader I'm trying to find that particular indicator on trading view, can't seem to find it
@dndjsdhdjhdeb2485
@dndjsdhdjhdeb2485 4 жыл бұрын
Omega 13 Wheels 😂
@mpower2386
@mpower2386 4 жыл бұрын
@@omega13. spy is not an indicator, it's a tradable security representing large cap stocks (s&p 500). In trading view look for it like you would any other stocks and pick the one with a US flag next to it.
@claytrader
@claytrader 4 жыл бұрын
@@mpower2386 correct, not an "official indicator", but should be used as an indicator.
@ThebigCarl24
@ThebigCarl24 4 жыл бұрын
Really love your analogies , your vids really help me out understanding the stock market and soon I hope to purchase your course as Everyday I am learning more and more about this stock market . You are the only KZbinr I see who speaks in a reality point of view rather than others that just say “do what I do and you will never lose any money”. I thought it was pretty interesting though how the spy was still at a decline and yet BA bounced up slightly but like you said it’s not set in stone but you are putting the odds in your favor. Will be waiting for the next upload 👍🏻
@claytrader
@claytrader 4 жыл бұрын
Thanks for the feedback
@Cello69.
@Cello69. 4 жыл бұрын
2 questions: Can you add SPY to your chart as a study/indicator? Also I just started with TOS. In Clays platform there are all these moving and flashing numbers on the right hand side. What is all that?
@claytrader
@claytrader 4 жыл бұрын
No. You add it as a "chart". As far as your other question, this should help - claytrader.com/videos/day-trading-for-beginners-my-online-trade-platform-explained-in-detail/
@jaysoegaard
@jaysoegaard 4 жыл бұрын
Thank you I love your channel learning so much. I avg 60 to 90 Pecent every year I'm trying to get to 100 percent by day trading but right now you can either make a ton of money or lose a ton. Made $5000 this month then lost 2000usda when I broke my rules super mad at myself. Thanks again
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching! Keep on grinding!
@FarhanKhan
@FarhanKhan 4 жыл бұрын
what is your strategy? What indicators do you use if any ?
@beachbum4691
@beachbum4691 2 жыл бұрын
Another brilliant video thank you, and thank you also for the links below; Can I ask which platform you're using here please, it would seem the more I have in common with the way you work the better?. Someone else has said that they skip thru' 95% to save time, I do with most videos, I don't with yours, I need all points and I need all the emphasis..... Best wishes as ever :)
@claytrader
@claytrader 2 жыл бұрын
Here ya go: claytrader.com/resources/
@preritransinge7881
@preritransinge7881 4 жыл бұрын
Liked this indicator. It's most preferable than any dush MA type indicators.
@claytrader
@claytrader 4 жыл бұрын
Cheers
@alertdaytrading5227
@alertdaytrading5227 4 жыл бұрын
Hi Clay, Thank you for all your videos you post. I've learned a lot from you! I think this video comes to me at a perfect time. I'm noticing my trading strategy works in certain market conditions, but not in all market conditions. Do you only use the SPY to dictate the market winds? What about QQQ, DIA, or any other ETFs? Another question I have. In your BA trade video, you mentioned how much you risked on that trade based on how much you've made already in the day. How do you adjust your risk within the day depending on how much you've made in the day versus how much you are willing to lose in any one trade (regardless of wins or losses)?
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) you can find it here claytrader.com/team/
@samueljony938
@samueljony938 4 жыл бұрын
What platform do you use and what is the cost , like commission, monthly maintenance ?
@claytrader
@claytrader 4 жыл бұрын
Here you go claytrader.com/resources/
@Jack_guerra
@Jack_guerra 4 жыл бұрын
Market wind is not an indicator but simply a direction or trend. I hate to be a critic but this video is pretty lousy and could have been done in 5 minutes or less but I noticed multiple ads throughout the video so I’m assuming it has something to do with that. An indicator would be rsi, macd, etc.
@claytrader
@claytrader 4 жыл бұрын
Market wind/trend is 100% an indicator.... it's an indicator of well.... the overall trend of the market....
@Jack_guerra
@Jack_guerra 4 жыл бұрын
ClayTrader gonna have to disagree with ya on that. market trend is simply market trend. It is in no means an indicator. Try and search for “market wind” when setting up indicators and it will not be there lol. Of course the trend is your friend but that doesn’t mean you’re guaranteed massive success and that it’s the “best indicator” especially with the volatility and manipulation currently happening.
@claytrader
@claytrader 4 жыл бұрын
@@Jack_guerra thanks for the thoughts
@Jack_guerra
@Jack_guerra 4 жыл бұрын
ClayTrader just stating my opinion thank you for hearing me out lol. I apologize if I came off as a dick or condescending I love talking trading been at this shit for a couple years now and I am happy to say it is my primary source of income 🤟
@espacio3425
@espacio3425 4 жыл бұрын
Good video. How do you think, is this works on ETF? UPRO for example
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) you can find it here claytrader.com/team/
@southernglazed9214
@southernglazed9214 4 жыл бұрын
Can this be used for swing trades?
@claytrader
@claytrader 4 жыл бұрын
Yup!
@IgorDvorski
@IgorDvorski 4 жыл бұрын
At the day you published this video SPY was tanking all morning, while at the same time we had crazy rally on the market, some stocks going 200-300% like ADAP, SNOA, GMBL
@claytrader
@claytrader 4 жыл бұрын
Yup... and there is value in that.
@guitartricky
@guitartricky 4 жыл бұрын
I just stopped the video at 8:15 so I don't know what's coming next but where you just said you think the market is going to go down after that doji candle at 8:02, I thought that you really can't determine direction after price weakness into a doji? I've been studying a lot of price action and candlestick reading lately and what I'm learning and seeing confirmation of is that weakness into a doji = unpredictable following price action but strength into a doji = about 90% chance of reversal. Do you agree with that? I'm sure I'm oversimplifying it but at least in general is that what you see? Thanks! If my question is answered a little later in the video, please disregard. I'm going back to it now.
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@guitartricky
@guitartricky 4 жыл бұрын
OK, stopped it again at the go long or short question. I'm going to say you went short because two bearish red candles and the overall down trend this stock was taking. Let's see if I was right. Back to the video...
@claytrader
@claytrader 4 жыл бұрын
alrighty then...
@guitartricky
@guitartricky 4 жыл бұрын
Well that was pretty slick Clay! Great trading. Really cool how you watched BA against the SPY and it was pretty much mimicking the price action. Even at the end when you had only a partial portion and it started to bounce, the SPY was doing the same thing. Very cool, I'm going to keep a closer eye on the SPY while scalping from now on. Thanks for the great lesson and happy trading!
@claytrader
@claytrader 4 жыл бұрын
join the community!
@gungho6798
@gungho6798 7 ай бұрын
Awesome . Thanks Clay . Avid supporter (new by) here.
@claytrader
@claytrader 7 ай бұрын
You're welcome!
@dany00fish
@dany00fish 4 жыл бұрын
Clay what are your thoughts about trading index tracking leveraged ETFs (TQQQ, LABU, UCO etc)? You’re essentially trading the market directly and with leveraged moves.
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@anthonymurzyn2424
@anthonymurzyn2424 2 жыл бұрын
Great video I just learned about trade management, I'm new but I did understand why you kept 1/2 your position.
@claytrader
@claytrader 2 жыл бұрын
Good stuff
@craiggoodwin652
@craiggoodwin652 4 жыл бұрын
I’ve just made the decision to start trading and find your content so far helpful, thank you
@claytrader
@claytrader 4 жыл бұрын
Great to hear!
@yassinzakieh9803
@yassinzakieh9803 3 жыл бұрын
ok after 10 mnths what did u learn and do u advise me to begin with trading or its not that good
@em4035
@em4035 4 жыл бұрын
Amazing teaching as always! It will take a very bad student to lose a lot of money trading after learning from your careful ways of trading.
@claytrader
@claytrader 4 жыл бұрын
Thanks for the kind words
@eddyvideostar
@eddyvideostar 2 жыл бұрын
To EM: Welcome EM: The scholarly sage one -- to reality. The best students of the Bible lose their way or succumb to Satan's grasp with something that we have some *semblance of control over.* Similar to indicators and wiggly lines of wrought, fighting to find the right direction for a random vehicle to take, fought with indecision and perplexity planted by the crooked master. The HFT machines are programmed by institutions to paint the lines and colors that Rembrandt would salivate over.
@sayinmaster111
@sayinmaster111 4 жыл бұрын
What do you think about CFD trading?
@claytrader
@claytrader 4 жыл бұрын
Due to the crazy leverage, 99% of people get roasted....
@sayinmaster111
@sayinmaster111 4 жыл бұрын
@@claytrader Definitely experienced that! I've been investing into stocks, long-term but have always wanted to speculate in the short-term, but due to the commission rates here in New Zealand on overseas markets, it just seems uneconomical sadly.
@claytrader
@claytrader 4 жыл бұрын
maybe this? claytrader.com/videos/trading-from-outside-the-usa-how-to-for-non-us-residents/
@sayinmaster111
@sayinmaster111 4 жыл бұрын
@@claytrader wow thank you for the replies! Might have sent me on my way to finally day trading US stocks.
@claytrader
@claytrader 4 жыл бұрын
@@sayinmaster111 you're welcome
@hbjaffri
@hbjaffri 4 жыл бұрын
Maybe the wind is from a couple of tornado's. So what direction and from which tornado's.
@claytrader
@claytrader 4 жыл бұрын
Don't overthink it....
@NuCreativeHIcinema
@NuCreativeHIcinema 3 жыл бұрын
Nicely done explaining your risk management 👍 can’t win’um all live to fight another day... stay green my friends 🚀
@claytrader
@claytrader 3 жыл бұрын
Exactly!
@ronevans9150
@ronevans9150 4 жыл бұрын
being kind of new to OTC and wanting to get started I was wondering what broker are the best. Some have restrictions and minimums and was trying to find the best for me. thanks for those who can help me.
@claytrader
@claytrader 4 жыл бұрын
Why are you wasting your time with OTC stocks?
@ronevans9150
@ronevans9150 4 жыл бұрын
@@claytrader I know I am new to this but there is a company that I’ve been watching that is trading under two dollars a share. In order to purchase a stock I found out that you can purchase the stock through OTC stocks/ penny stocks/ pink slips. I was told that is the only way you can purchase stocks that run under five dollars a share. If you can help in anyway that’s great I appreciate your time reading my message and responding I hope you have a great day.
@claytrader
@claytrader 4 жыл бұрын
@@ronevans9150 you could always do this claytrader.com/videos/how-to-trade-expensive-stocks-with-a-small-account-and-make-good-money/
@carlossoli4450
@carlossoli4450 4 жыл бұрын
Nice video Clay...One question...Only can I trade stocks inside s&p 500(SPY)? or can be any stock outside s&p 500??? PENNY STOCKS??
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@matlihan
@matlihan 4 жыл бұрын
OK what did I miss, what is that indicator ?
@RobWillCar
@RobWillCar 4 жыл бұрын
It isn't necessarily an indicator you throw on a chart, but instead using the SPY chart as an indicator to what a particular stock may do. If you go to 5/22 and compare BA stock to SPY around the timeframe he was trading you can see that when BA bounced in the video so did SPY. After a small bounce, SPY continuing downtrending and so did BA. Remember SPY is an ETF so it represents multiple stocks, therefore, you could say it is a good measure of the current market condition. Like he said though, it isn't 100% bulletproof.
@claytrader
@claytrader 4 жыл бұрын
You should probably watch again...
@matlihan
@matlihan 4 жыл бұрын
You should probably change the title of the video.
@jimmywright5054
@jimmywright5054 2 жыл бұрын
great video. really enjoyed it and learned a lot very informative thank you much .
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@corp9655
@corp9655 4 жыл бұрын
The Dow is better primarily but I would use the Dow , spy and the vix. The Dow and Vix is my favorite equities indicators when trading the markets.
@claytrader
@claytrader 4 жыл бұрын
Sounds like paralysis by analysis to me....
@joseantoniodonato42
@joseantoniodonato42 4 жыл бұрын
XSPA - No Test No Fly ... Ur Thoughts?
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@joseantoniodonato42
@joseantoniodonato42 4 жыл бұрын
ClayTrader thank you
@claytrader
@claytrader 4 жыл бұрын
@@joseantoniodonato42 cheers
@jimsmith2676
@jimsmith2676 4 жыл бұрын
Nice video! I'm just wondering...if you're basing a trade on the SPY, why not just trade an index fund, like SPXL?
@claytrader
@claytrader 4 жыл бұрын
The SPY is a portion of the plan, not the entire reason why.....
@m.morininvestor9920
@m.morininvestor9920 4 жыл бұрын
I am watching this a second time as a friendly reminder!!
@claytrader
@claytrader 4 жыл бұрын
Cheers
@kurtjohnson8378
@kurtjohnson8378 4 жыл бұрын
Watching how you use stop was great education thanks again
@claytrader
@claytrader 4 жыл бұрын
Glad you enjoyed it
@casalauro
@casalauro 4 жыл бұрын
The key point was understanding why you thought the SPY was going down at the moment. Would have been nice to explain that part (was it a bear flag?).
@claytrader
@claytrader 4 жыл бұрын
Thanks for suggestion! Those videos already all exist here claytrader.com/takecontrol
@johnwomack6601
@johnwomack6601 4 жыл бұрын
So to be clear, your strategy is go short when market is down and go long when market is up????!🤯🤯🤯
@claytrader
@claytrader 4 жыл бұрын
no.... it's a bit more in-depth than that
@otm777
@otm777 4 жыл бұрын
LOL
@geoffr4018
@geoffr4018 4 жыл бұрын
Lol. Thank you for the laugh
@claytrader
@claytrader 4 жыл бұрын
@@geoffr4018 :-)
@vualac
@vualac 4 жыл бұрын
Thanks for uploading.
@claytrader
@claytrader 4 жыл бұрын
You're welcome
@qingdynastyinc2053
@qingdynastyinc2053 4 жыл бұрын
So, the SPY is the indicator? I'm confused...
@claytrader
@claytrader 4 жыл бұрын
What are you confused about?
@spearfishingmiami
@spearfishingmiami 3 жыл бұрын
This is a solid channel
@claytrader
@claytrader 3 жыл бұрын
Thanks
@kaptain1477
@kaptain1477 4 жыл бұрын
What broker are you using? What do you recommend other than robinhood lol?
@claytrader
@claytrader 4 жыл бұрын
What I recommend = claytrader.com/videos/the-stock-trading-platform-for-traders-on-a-budget-best-app/
@imeldomarcos4126
@imeldomarcos4126 4 жыл бұрын
I think if you make a channel for newbies, you should start with pretrade preps. Indicators , support, resistance. Approximate daily range.
@claytrader
@claytrader 4 жыл бұрын
All of that (and advanced stuff) is here claytrader.com/takecontrol/
@hudsonfletcher6547
@hudsonfletcher6547 4 жыл бұрын
Hey what application do you use? Like what do you use to see ur stock charts
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@raiseup151z
@raiseup151z 4 жыл бұрын
Damn clay... i just tried this and went back few months practicing on thinkorswim Ondemand. Method works amazing! I mainly reviewed at 9:45 to determine the market direction and wow 👏 .. Thank you so much for sharing this!
@claytrader
@claytrader 4 жыл бұрын
Glad it could help.
@mikew2297
@mikew2297 4 жыл бұрын
Enjoy thinkorswim on demand if only the watchlist would update!!
@truckerhatadventures5649
@truckerhatadventures5649 4 жыл бұрын
Great video! Just starting out here with trading. Appreciate the wisdom! Thank You!!
@claytrader
@claytrader 4 жыл бұрын
Glad it was helpful!
@levantateyora9317
@levantateyora9317 4 жыл бұрын
What platform you are using?
@drewmonster6435
@drewmonster6435 2 жыл бұрын
Great info, thanks for making the video!
@claytrader
@claytrader 2 жыл бұрын
Glad it was helpful!
@rtimmins7212
@rtimmins7212 4 жыл бұрын
Thanks for your experience Clay. Does it make a difference if the stock is actually in the S & P 500? I would think the indicator would work better if it was. Just starting to learn this stuff. Thanks.
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@AgentOffice
@AgentOffice 4 жыл бұрын
A little only due to category and that ETF actually funds them directly
@CDizzleyDizzle
@CDizzleyDizzle 4 жыл бұрын
Could you use this strategy with options? Nice video!
@claytrader
@claytrader 4 жыл бұрын
yup, for sure...
@canhow4
@canhow4 4 жыл бұрын
My brain is slow.. SO, since the market is moving up, you are doing a BUY, ..... so that you can sell later?
@claytrader
@claytrader 4 жыл бұрын
In a broad sense, but we're talking very broad...
@kadenespinoza2261
@kadenespinoza2261 4 жыл бұрын
Is there anything similar that can be applied to Forex trading?
@claytrader
@claytrader 4 жыл бұрын
Not that I'm aware of
@christopherb3391
@christopherb3391 4 жыл бұрын
Yes...look at the DXY (dollar index).
@joekarate9424
@joekarate9424 4 жыл бұрын
Great video Clay, I’m the same way on Fridays. I trade conservative especially after a good week!
@claytrader
@claytrader 4 жыл бұрын
Good stuff!
@eddyvideostar
@eddyvideostar 4 жыл бұрын
Friday's markets are really no different, although it's wise to keep a winning week intact.
@jameulkarim4879
@jameulkarim4879 4 жыл бұрын
Hi cray, What platform do you use to trade ?
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@molinodesign
@molinodesign 4 жыл бұрын
can you short using webull.
@claytrader
@claytrader 4 жыл бұрын
yes
@TradersFromWakanda
@TradersFromWakanda 4 жыл бұрын
Hi Clay Nice trade, i justhave a question, you took BA short at 137.5 and your stop was 138.51, $1, why you didn't wait 136.5 (1R) to took your first Partial ? Thanks
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@molinodesign
@molinodesign 4 жыл бұрын
best free lesson in trading.
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching
@matt_7670
@matt_7670 4 жыл бұрын
Yeah I don't understand why you would risk 100 to make 47. If stock market is a coin flip (50/50 odds) you need reward/loss ratio to be greater than 1 to come out on positive$. What am I missing?
@claytrader
@claytrader 4 жыл бұрын
You are missing a whole lot.
@matt_7670
@matt_7670 4 жыл бұрын
@@claytrader I'm legit asking :) not criticizing. edit: for clarity I didn't see anywhere in video that points to what the the milestone understanding is; video mentions trade management but not seeing anything in description (eg links) that talks about about that. I recently saw the coin flip analogy and been mulling over it for a few days.
@claytrader
@claytrader 4 жыл бұрын
@@matt_7670 Sorry, I'm confused. I answered your question and then you said you were "legit asking"... I realize that, which is why I answered :-)
@rubenrocha2630
@rubenrocha2630 4 жыл бұрын
Good video but you can’t deny the point of making your P and L 1:1. once you got down to lows the probability of it dropping far below lows are way less likely then to stop out at less profit
@claytrader
@claytrader 4 жыл бұрын
Thanks for the opinion and for watching.
@mr.monitor.
@mr.monitor. 4 жыл бұрын
This video got that Bob Seger song Against the wind stuck I'm my head.
@claytrader
@claytrader 4 жыл бұрын
haha
@vincbestia
@vincbestia 4 жыл бұрын
can you short on webull? i screwed up today sold 20 instead of shorting. have 300 shares of m
@claytrader
@claytrader 4 жыл бұрын
Yes, you can.
@vincbestia
@vincbestia 4 жыл бұрын
@@claytrader i need class.....
@AltcoinIgnition
@AltcoinIgnition 4 жыл бұрын
"Which way do I think the SPY is going to go" isn't really technical analysis
@claytrader
@claytrader 4 жыл бұрын
It absolutely is.
@nobullinvestments
@nobullinvestments 4 жыл бұрын
Think of it as a sailboat it will sail against the wind but can't sail directly into the wind but if that wind is behind the boat it helps to push that boat. Now, this does not work as well if you are in a dow or QQQ stock but most stocks will react to the spy's direction.
@claytrader
@claytrader 4 жыл бұрын
@@nobullinvestments cheers
@sixstringstak
@sixstringstak 4 жыл бұрын
That was cool to show how BA was correlated with SPY movement a.k.a wind
@claytrader
@claytrader 4 жыл бұрын
Thanks for watching!
@JaredHillhouse
@JaredHillhouse 4 жыл бұрын
I’m new to trading and trying to learn as much as I can as quick as I can. This video was great, but def over my head. Not seeing how you made the 47$ you earned and how you had shares left. I have a long way to go still apparently 😊
@claytrader
@claytrader 4 жыл бұрын
Just take it one step at a time. If you're interested in structured learning, I do offer this claytrader.com/takecontrol/trading-freedom-pathway-how-it-works/
@PortCapital
@PortCapital 4 жыл бұрын
Very well done vid Clay
@claytrader
@claytrader 4 жыл бұрын
Glad you enjoyed it
@chiibeji4965
@chiibeji4965 2 жыл бұрын
as a beginner this is very important stuff to know
@claytrader
@claytrader 2 жыл бұрын
Indeed!
@SuperfluousIndividual
@SuperfluousIndividual 4 жыл бұрын
Begs a few questions: Does it work on companies with low floats and 'cheap' prices? And what about companies that are not a part of the S&P? You proved that it works, but I feel like some, if not most people here, especially the new guys who just started trading and those who don't have a lot of capital to handle the short comissions or to be able to afford a share size big enough to even cover comissions from brokers without taking a ridiculous and unfavorable risk-reward, need some obvious warnings. I love your videos and I've learned a lot about trading with you, Clay, but I feel like this video is a death trap for those who just don't have the budget to afford those stocks to surpass comissions and go into the trade with a decent risk-reward. It's not on you if they decide to use your tips, that's for sure, but it definitely deserves a warning.
@myultrasound7619
@myultrasound7619 4 жыл бұрын
"And what about companies that are not a part of the S&P"? Excellent question. I was wondering the same. Since they are not part of the S&P I doubt this strategy would apply to them.
@bdk316
@bdk316 4 жыл бұрын
I get what youre saying, Im in same boat Id love to trade the bigger "box store" store stocks bc their movement coincides with trade strategies Clay and others talk about. For now Im stuck with stocks under $5 to even $1 where I can trade larger lot hoping to make that $100-$200 off quick trade
@Just0ke
@Just0ke 4 жыл бұрын
The answer is no. Low float stock are their own entity. The market could be crashing but if a low float stock has news doesn't matter what the s&p is doing.
@dreamrunner4680
@dreamrunner4680 4 жыл бұрын
Low float penny stocks are much more volatile than any other stocks. Over there you'd have to rely on catalysts and technical charts only, without SPY
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@charlieedwards6886
@charlieedwards6886 4 жыл бұрын
Are commission fees based off of the whole account or how much you trade in one trade?🤔👍
@lolturtle13
@lolturtle13 4 жыл бұрын
Depends on the broker. Lightspeed that he uses charges the commission per share. Though with higher trade volume they offer lower commission.
@claytrader
@claytrader 4 жыл бұрын
Fees explained here claytrader.com/videos/how-i-saved-33-on-commissions/
@jeanruiz4762
@jeanruiz4762 4 жыл бұрын
Think or swim is no commission trading
@omijieabumere1540
@omijieabumere1540 4 жыл бұрын
What platform do you use?
@claytrader
@claytrader 4 жыл бұрын
Here you go claytrader.com/resources/
@PJSeg52
@PJSeg52 3 жыл бұрын
Clay, i am a new trader about to get started, I have 25k to start with after I study and go through some courses. Is this a good starting point? How much can I aim to make per day realistically with this bankroll? Thanks for your amazing videos and content!
@claytrader
@claytrader 3 жыл бұрын
That depends on the courses you go through.
@PJSeg52
@PJSeg52 3 жыл бұрын
@@claytrader Ill be honest and transparent since you seem to be that in your vids. Review on True Trading Group? Are they reputable in your opinion? That was the first course I came across and was debating joining. I am also looking into your course as well. Thanks for your time and response.
@TheFloridatrucker
@TheFloridatrucker 4 жыл бұрын
So the BA chart is a two minute chart or a one minute?
@claytrader
@claytrader 4 жыл бұрын
There are other times on my other minitors
@CapAnson12345
@CapAnson12345 4 жыл бұрын
So if I were swing trading I'd do the same but with the spy 1hr. Chart?
@claytrader
@claytrader 4 жыл бұрын
You'd have to experiment.
@yyzca1234
@yyzca1234 4 жыл бұрын
Does anyone know what trade platform/site is being used in the video ?
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@stevenking9357
@stevenking9357 3 жыл бұрын
Thanks for the explanation!
@claytrader
@claytrader 3 жыл бұрын
Glad it was helpful!
@brandongill6872
@brandongill6872 4 жыл бұрын
but WHY do you think the stock was bearish?
@claytrader
@claytrader 4 жыл бұрын
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
@gemini22581
@gemini22581 4 жыл бұрын
Think about u made almost 50% ROI in a few mins...thats a huge return!!!
@claytrader
@claytrader 4 жыл бұрын
cheers to that
@wynn2325
@wynn2325 4 жыл бұрын
Beginner here, apologies if this is just a super stupid question: im confused on what the actual indicator is and how to add it to charts. Like ik its the SPY, but as an indicator im a little confused...
@dabd8175
@dabd8175 4 жыл бұрын
Lol
@rwmorris35
@rwmorris35 4 жыл бұрын
wynn there isn’t one. It’s clickbait like most of this channel. The “indicator” is the “wind”, trade with the trend. Frankly, the most basic advice anybody can give. There isn’t an actual indicator he’s describing
@dabd8175
@dabd8175 4 жыл бұрын
If u are a beginner maybe learn more about the stock market in general. Then comeback to the technical analysis side. Just my opinion
@wynn2325
@wynn2325 4 жыл бұрын
dab d i appreciate it, and i am doing that. However there is always more to learn and right now i want to learn this
@wynn2325
@wynn2325 4 жыл бұрын
Robert Morris ah, basically follow the SPY.
@jdueheue
@jdueheue 4 жыл бұрын
thanks for this video. I agree to the basic idea, however: you still have to make assumptions about how the SPY will move in the next seconds/minutes, and its not 100% clear to me how you can predict or at least where to get the idea from... is it form certain patterns of the SPY of the last minutes, that make you believe where it will go?
@claytrader
@claytrader 4 жыл бұрын
You're right... I go into all the more finer details here claytrader.com/takecontrol/
@v146824
@v146824 4 жыл бұрын
I don't enter any trade without looking at the SPY 5m chart..especially in these times
@claytrader
@claytrader 4 жыл бұрын
wise move!
@Pondsy12
@Pondsy12 4 жыл бұрын
May I ask you, which scanner do you use? Tradeideas?
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@Taylor47
@Taylor47 2 жыл бұрын
Do I see it right? After a double bottom stocks usually go up, that is trading 101 and you missed it.
@claytrader
@claytrader 2 жыл бұрын
Oh really, trading is "that easy" huh? Have fun making billions!
@Taylor47
@Taylor47 2 жыл бұрын
@@claytrader I still appreciate your content.
@claytrader
@claytrader 2 жыл бұрын
@@Taylor47 cool
@jagdeepbrar13
@jagdeepbrar13 4 жыл бұрын
which broker is it?
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@JohnDoe_75
@JohnDoe_75 4 жыл бұрын
soon as I'm 50$ in the green I put my stop loss there and shoot for 10% if it passes the 10% I stick a 3% stop trail order on it and my stress is gone. Worst case scenario I win 7 ish % at that point. Best case scenario $$$$$$$$$
@claytrader
@claytrader 4 жыл бұрын
Do what works for you
@rotoxd4095
@rotoxd4095 4 жыл бұрын
what broker do you use?
@claytrader
@claytrader 4 жыл бұрын
Here you go claytrader.com/resources/
@akatalara
@akatalara 4 жыл бұрын
Nice video.... Kindly share your stock broker with me and your setup. Thanks
@claytrader
@claytrader 4 жыл бұрын
Here ya go claytrader.com/resources/
@akatalara
@akatalara 4 жыл бұрын
ClayTrader I want to be part of your team. Email me the breakdown of what is needed and what I have on ground. Thanks
@claytrader
@claytrader 4 жыл бұрын
@@akatalara all info here claytrader.com/team/
@gamebuster800
@gamebuster800 3 жыл бұрын
what if it blows to the left
@claytrader
@claytrader 3 жыл бұрын
Then you'll need to adjust.
@johngildea8032
@johngildea8032 4 жыл бұрын
Great video like the management lesson at the end for new traders.
@claytrader
@claytrader 4 жыл бұрын
Glad you liked it!
@eddyvideostar
@eddyvideostar 4 жыл бұрын
@@claytrader Question: What *is* the stock indicator that you are referring to?
@claytrader
@claytrader 4 жыл бұрын
@@eddyvideostar watch the video lol
@eddyvideostar
@eddyvideostar 4 жыл бұрын
@@claytrader Clay: Pray tell: What time of the video?
@claytrader
@claytrader 4 жыл бұрын
@@eddyvideostar dude... come on....
@blva888
@blva888 3 жыл бұрын
Isn't that called risk management? You took some of the profit, and set yourself to potentially to take more profit, but you set a stop loss so you don't lose all your gains.
@claytrader
@claytrader 3 жыл бұрын
Yeah, in some ways.
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