0 – About the Podcast

07 Mar, 2015 / By: Brandon Clay

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Welcome to all newer traders, aspiring traders, and any trader who wants to improve their trading skills. this podcast is built for you. My aim is to serve you, my beloved audience with the most practical and inspiring trading information this side of iTunes.

If you’re looking for success in the markets and the lifestyle it affords, welcome to a podcast dedicated to that dream. I’m excited to have you along for the ride.

There’s a lot of podcasts out there. But let me tell you why you should subscribe to this one and stay tuned to every single episode we release.

Reason #1 to Subscribe: The Guests

Tired of hearing from pretend traders hiding behind fake names in trading forums.

I get that.

And because of that, we’re bringing on guests ranging from best-selling authors, thirty-year veteran traders, and even some newer traders who are just a little further down the road than maybe you are.

And these traders have real names. You can visit their websites, buy their books on Amazon, checkout reviews on their services, and even email them. Yes, we include the traders emails or contact information if you want to connect on their shownotes pages. Bottom line, you get the real traders on the Trading Story podcast.

Reason #2 to Subscribe: Practical Tips for FREE

If you’re newer to trading, you need coaching.

And trading coaches are expensive. Good coaches start at a few thousand bucks and go up from there. And who’s to say you’ll get your money’s worth even after you’ve invested in your education.

So instead of paying thousands of dollars for a trading coach, why don’t you listen to me grill these veteran traders for their best trading tips and advice. Skip the long lines at a trading conference and get a front-row seat to targeted conversations with experienced traders.

Come alongside me to learn from the best in the business. For free.

Reason #3 to Subscribe: Inspiration

Trading is a lonely business.

Especially for retail or solo-traders. Here we are staring at our charts, reading financial news, and trying to decipher the next move in the market. Nobody’s looking over our shoulders, patting us on the back, or telling us we’re doing the right thing. We’re mostly alone in our trading. And when there’s losses, and there are many losses, it can be an emotionally wrecking experience.

So join in on my conversations with some of the top traders in the industry and hear how they lost $3,000, $10,000, $50,000 dollars or more on a trade and still bounced back. You need to hear how they did it. I need to hear how they did it. Get their stories straight from the source. And know that you’re not alone in your struggles in the market.

Reason #4 to Subscribe: To Follow My Journey

Full disclosure here: I am not a consistently profitable trader.

Part of the reason I started this podcast was to hold my own feet to the fire to become that successful trader. So as I’m re-starting my trading career, I’m inviting a few friends along for the ride. We’ll start with some basic tutorials in the markets to get you caught up to speed on the markets.

Then we’ll dive into my rebooted trading career. My plan is to record every win and every loss so you can see how I do in almost-real time. In the end, you and I may be enjoying a chat together as newly-dubbed consistently profitable traders. I look forward to that day.

So those are the four reasons to subscribe to the podcast. If you haven’t already, download a couple of episodes to give it a try. I look forward to connecting with you, so feel free to reach out at any time.

And maybe you want to know a little more about me the host and showrunner.

About Brandon Clay

My name is Brandon Clay. That is my real name. I am a husband and a father.

I came to trading, perhaps like many of you.

Looking for the excitement of beating the markets and enjoying the fruits of my labor. I sought the things that trading could afford without having to work a regular day job. I’ve had dreams of trading in the morning, closing up the computer, having lunch with my wife, taking a sail at the beach in the afternoon, and hanging with the kids in the evening – or something along those lines.

I haven’t lived that dream yet. But I haven’t given up.

I grew up in Texas, mainly in Houston and in the Austin area. Aside from a training stint in the army in Georgia, living in College Station, Texas for a few years, and living in Seattle for a year, I’ve been in the Austin area. That’s where I am still.

My Trading Story

As for occupation, I’m a digital marketing consultant, not a trader.

In 2005, I earned my series 6 and series 63 in order to sell mutual funds, though I no longer hold those designations. After that, I became a financial analyst for a small asset management firm and investment publication. I was published in the Wall Street Journal online edition and several financial newsletters. Since then, I’ve worked in digital and online marketing. And I’ve been a part-time trader.

Over the past 20 years, I’ve moved in and out of financial services. I started off trading stocks from home in 1999 during the dot-com bubble. That didn’t last long.

A few years later, I met a couple of full-time traders at church. They also worked in trading education. So I attended their workshop and got some personal coaching and started trading the eminis and futures. Futures are contracts of commodities like corn and sugar and other items traded in Chicago, New York, and electronically. The eminis were contracts of the indexes like the S&P and Nasdaq. Had some winners and losers, but ultimately lost a few thousand dollars.

That was a lot to me since I didn’t have much to lose.

Then I got into forex or foreign exchange. That’s where you buy one currency like the dollar and sell another currency at the same time. It sounds confusing at first, but it’s similar to stock trading and easier to understand than options. I studied several currency pairs and started trading the Euro along with the Yen. While I was trading and studying the charts, I found a trading pattern that I successfully traded for awhile.

I stopped trading shortly after that and moved into insurance and financial services. That’s where I stayed for about 4 years when I became a financial analyst for a small investment publishing company. I explored economics, stocks, financial news, more trading, and a few other market-related areas. I remember the first time I stepped into the office where my future colleague was putting on trades for the firm’s clients. It was like I was kid in a candy store looking at all the monitors, price action, and order flow. They were managing over a $100 million dollars.

It was really cool.

I didn’t get back into personal trading until a couple of years ago. I joined Maverick Trading, a proprietary trading company. They basically have a pool of funds where they invite newer traders like me to manage them when they show consistent profits. They specialize in trading options and now forex or foreign exchange currencies. I graduated from their training, but didn’t put on any trades at the time.

Fast forward another year – last year (2014) – I started up my trading account again for the first time in awhile. I worked with a former marketing client, Power Cycle Trading. Larry and Camille Gaines and their team were very helpful in getting me caught up with their system. Power Cycle Trading is another great group of people. I’ve been blessed to be able to work with some solid, ethical traders.

I paper traded for a couple of months. That’s where I was not putting on real trades, but trading eminis on paper, so to speak. I traded their system for a few months and lost about a thousand dollars. Not much, considering how much I was trading (I really overtraded their system). But I couldn’t see a time where it would pay off in the medium term. So I stopped trading and focused on my marketing clients.

LESSONS ALONG THE WAY

But trading is hard to quit – at least it has been for me.

I’ve been doing off-and-on for over, read many books, looked at hundreds, possibly thousands of charts, and have figured out four things along the way.

  1. I am not a consistently profitable trader. Admitting is the first step, right.
  2. Some traders have figured it out. Trading success is not an insurmountable goal. It may be hard, but it is not impossible.
  3. Trading success depends on at least two things: a good plan & personality match. A solid, workable plan – you can’t drive a car with a busted engine. AND the plan must match the individual trader. Even a solid Toyota Camry won’t go anywhere when the driver is asleep.
  4. I will be a consistently profitable trader someday. Presumptuous maybe, but that’s the goal.

When to Expect the Podcasts

So as we journey along together to trading success, my commitment to you is to bring one interview from an experienced trader and one personal trading update every week.

Two podcasts per week.

Every Monday morning, we will be releasing a new trader interview. The format of each show may be different depending on the interests and inclinations of that trader. But the goal of the interview is clear: to bring you, dear listeners, practical and inspiring trading interviews. The length will vary. Some will  be around 30 minutes while others will be longer, depending on the trader’s availability and how the conversation goes.

Then, there’s the personal podcasts. Every Thursday morning we will release a new episode updating you on my personal trading journey. We’re starting off the podcasts with a series of tutorials that should be helpful to newer traders – basic information about the markets and learning how to trade. After a few weeks of those basics, I will chronicle my trading journey with personal trading results and lessons along the way. I’m not looking forward to it, but I want to tell you about my losses and my gains so you can get the most value from my experience. Look for that in the next few months as I restart trading. Those episodes will be shorter – perhaps 10-15 minutes.

To get each of these episodes delivered as soon as they’re available, please subscribe to the Trading Story podcast on iTunes, Stitcher, or wherever you get your podcasts. Or go to TradingStory.com/newsletter. That’s where you can sign up for the weekly email recap of all the podcasts released that week.

Thanks for Listening

However you do it, I’m excited to have you along for the journey. Much to learn, much to do, but it’s worth it guys.

Think about where you want to be in a few years – whether sipping Coronas on a Costa Rican beach, taking the family on a ski vacation, or just not working at a job you hate and enjoying getting up in the morning, or in the afternoon, or the middle of the night to trade again. It’s worth it, totally worth it.

Let’s do it, together!