logo
episode-header-image
Mar 2025
13m 6s

Full Time Day Trader? A TERRIBLE Goal! |...

ClayTrader
About this episode

I want to be a full time day trader! I’ve heard this said time and time again over the years. It’s a super ambitious goal and one that I can’t fault people for having. In the spirit of being brutally upfront: it’s a TERRIBLE goal. Please! Before you go kicking me to the curb as some kind of hater or a person trying to send out negative vibes, hear me out! It won’t take long, but if you give me a chance, I’ll explain why this is a terrible goal and one that I would call borderline impossible. Am I saying you should stop day trading or not even try? Absolutely not! I do believe the proper context needs to be put into place so you can approach this craft in the wisest way possible. If you’re still reading right now, I assume that means you are going to at least give me a chance to explain myself, so on that note, let’s get to it!

Up next
Aug 4
The Pitfall of Demo Trading... | STR 539
It’s certainly not a new topic to the ClayTrader world, but it’s a topic that I’m not sure can ever be talked about too often. Good ole’ demo trading is one of the more complicated dynamics in all of trading. I think this is because there are so many different angles and consider ... Show More
13m 48s
Jul 28
Market Makers? LOL... | STR 538
Are there any more dreaded words in the minds of some traders than “market makers”?!?! Who knows, perhaps you now have goose bumps or the hair on your arms is standing straight up! If you are one of these people who believe it is very important to pay attention to “market makers” ... Show More
13m 36s
Jul 21
Fighting Anxiety and Tilt... | STR 537
Anxiety and “Tilt”. Perhaps those two words cause goosebumps and/or for the hair to raise up on the back of your neck! I’m with you! In the world of trading these are two very common and powerful pitfalls that we must learn how to navigate. I recently had a couple of traders ask ... Show More
13m 8s
Recommended Episodes
May 13
1161 - Why Am I Great on Demo But Struggle with Live?
Do you seem to kill it when trading a demo account but struggle whenever there is live money at risk? If you said "yes," then you are like most traders out there. In this episode of The Trading Coach Podcast, we'll discuss why that is along with other aspects of risk management i ... Show More
9m 7s
Feb 2025
1109 - Why So Few Traders Make It To Profits
90% of traders fail. That's been the saying in the industry since I first started & unfortunately, it still holds true today. Let's take a look at why it's so hard to make it as a trader and what you can do to ensure that you don't become part of that 90%. If you& ... Show More
13m 35s
Jun 2
1169 - Is Trading Random? - The Most Efficient Way To Learn
Is trading random? If yes, then why are we trading it? If no, then how to ensure that it isn't? Answers to all of these questions & a discussion on the most efficient way to teach traders & why i no longer use it. Check out the Shorts Tab on my YouTube channel for daily trading t ... Show More
17m 51s
Nov 2024
1059 - My Number 1 Trading Rule When...
I have a lot of important trading rules, but this is one of my most important ones regarding trade management. What to learn more about trading? Check out the educational resources we have available at www.TierOneTrading.com Your trading Coach - Akil --- Support this podcast: htt ... Show More
15m 1s
Feb 2024
Millionaire's Trading Plan: What It Takes To Be A Profitable Trader
How did I become profitable over time? The answer is extremely boring yet simple. I forced myself to write a trading plan every morning, and I stuck to it. But don’t just take it from me. In this video, I want you to hear from the perspectives of some of the most successful trade ... Show More
45m 56s
Dec 2024
1064 - What They Don't Tell You About Full-time Trading
There's a dark side of trading that nobody mentions especially when it comes to the dream of "full-time" trading. So let's talk about what it really takes to trade full-time or if there's a better path to pursue. Learn To Trade at www.TierOneTrading.com Your Trading Coach - Akil ... Show More
22m 50s
Feb 2025
1108 - How To Turn A Trading Idea Into A Trading Strategy
All trading strategies start with an idea. Whether it's brand new or borrowed it doesn't really matter. In this episode of The Trading Coach Podcast, we're going to take a look at what needs to be done in order to transition that idea into a fully developed trading st ... Show More
14m 11s
Jun 5
Why It's So Hard to Make Money Consistently Trading
🔴 Calvin's Trading Community & Hands On Mentorship (NOW OPEN) https://www.calvinthenewtrader.com/my personal email is calvin@forexbeginnerpodcast.com -------------------------------------------------------------------Brokers I Currently Use:https://my.24kmarkets.com/?cmp=5Y5vSum ... Show More
20m 21s
Jan 2025
1095 - Don't Trade Like This
Trading off "feel" or intuition is something that many traders do, mainly because it feels cool to do so. But there's a massive downside to trading this way & that's what we'll discuss in today's episode of The Trading Coach Podcast. Don't forget to take the 1 ... Show More
27m 23s
Sep 2024
1022 - Why I Ditched Stocks for Forex & My Plan To Rule Trading
A look back at what caused me to jump from stock investing to Forex trading. My concerns about a cult. And my master plan for how I was going to rule the trading world. If you're interested in learning how to trade I want you to check out www.TierOneTrading.com - I promise we ... Show More
15m 23s