This Day Trading Stock Indicator is a Game Changer (here's how it works...)
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- เผยแพร่เมื่อ 28 พ.ค. 2020
- Whether you are a new trader who is a beginner to the stock market and day trading or a day trader with experience, there is one indicator that is a "game changer" when it comes to the results it will give you. If you want to learn how to be a successful day trader and make money online, you need to learn that day trading is all about placing as many odds in your favor. The more odds you have in your favor, the higher the chances are you will make money on the stock. One indicator that needs to be used will help you begin to see more consistent results within your trading. If you are struggling as a day trader to make money online, let me show you how this indicator works so you can begin putting the odds more in your favor and giving yourself a better chance to make money with the stocks you trade.
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I love the wind analogy. It really helps to picture it!
cheers
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.
Awesome, thank you!
Great video! Just starting out here with trading. Appreciate the wisdom! Thank You!!
Glad it was helpful!
What platform you are using?
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
Cheers and thanks for the feedback and thoughts!
Thanks for uploading.
You're welcome
Great video Clay, I’m the same way on Fridays. I trade conservative especially after a good week!
Good stuff!
Friday's markets are really no different, although it's wise to keep a winning week intact.
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)?
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/
Thank you much for sharing!
My pleasure!
Awesome . Thanks Clay . Avid supporter (new by) here.
You're welcome!
Great video! Thank you!
You are welcome!
Thanks for the info, great video. Can you make a new analysts on play and remark holdings?
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/
Good video. How do you think, is this works on ETF? UPRO for example
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/
Thanks for the explanation!
Glad it was helpful!
Very well done vid Clay
Glad you enjoyed it
Could you use this strategy with options? Nice video!
yup, for sure...
This is actually how I trade. Except one time I didn’t put a stop loss on a trade and lost my gains 😂
whoops......
Just once?!
What is ur risk reward ?
Thanks for another great video. I prefer to trade forex but I usually learn a little something from each of your videos or podcasts. This video got me thinking about tightening up my risk vs reward management, I primarily trade US Oil so the SPY doesn't affect my decision making as directly but I really enjoy the small tidbits of knowledge that you provide for free.
I expect to be harassing you in the inner circle within the next year when I start trading stocks as well.
Thanks for the thoughts
Never piss into the wind, or you'll end up with a huge mess
this is true...
Lol
@Man in the Park cheers
Why didn't you guys tell me earlier? I am changing into my 3rd pair of Levis! Stop Lost @ 4th Pair.
more importantly never piss on an electric fence
Hey Clay! Great video as usual. Do you ever trade spreads or options in general? Just wanted to see if you trade those and how you manage them, if so. Thanks!
I do trade options, along with many members within our community.
Great info, thanks for making the video!
Glad it was helpful!
May I ask you, which scanner do you use? Tradeideas?
Here ya go claytrader.com/resources/
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.
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/
A little only due to category and that ETF actually funds them directly
Clay this is one of the best videos thanks so much
Glad you enjoyed it
I really like this video. very practical and communicated well
thanks for watching
Great video Clay, any decent books on Price Action that you recommend ?
my thoughts on books claytrader.com/videos/want-to-learn-how-to-trade-dont-read-books-heres-why/
@@claytrader What is the indicator you are referring to?
@@eddyvideostar i'm not sure what you are referring to
@@eddyvideostar s&p500 and watching the 5 mim chart spy going down most likely socks are gonna drop in price spy goes most likely stocks going up using that lil bit of info could help you decide if it'll be better to go long or short your pistion also watching volume helps
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?
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/
Great video I just learned about trade management, I'm new but I did understand why you kept 1/2 your position.
Good stuff
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.
Yup, true.
I’ve just made the decision to start trading and find your content so far helpful, thank you
Great to hear!
ok
after 10 mnths what did u learn
and do u advise me to begin with trading or its not that good
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?
You can experiment if you want.
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 :)
Here ya go: claytrader.com/resources/
This video got that Bob Seger song Against the wind stuck I'm my head.
haha
Great video like the management lesson at the end for new traders.
Glad you liked it!
@@claytrader Question: What *is* the stock indicator that you are referring to?
@@eddyvideostar watch the video lol
@@claytrader Clay: Pray tell: What time of the video?
@@eddyvideostar dude... come on....
very helpful. thank you.
You're welcome!
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??
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/
Nice video! I'm just wondering...if you're basing a trade on the SPY, why not just trade an index fund, like SPXL?
The SPY is a portion of the plan, not the entire reason why.....
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
Yup... and there is value in that.
Have you changed up your trading style? I remember you used to fade stocks, right? Kinda anti-trend. Anyways, appreciate you putting some educational, nicely packaged stuff out there.
Fading is "with the trend".... it's just a bit more hidden....
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.
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/
Hi cray, What platform do you use to trade ?
Here ya go claytrader.com/resources/
Nice video bro. Keep making these live examples
Thanks! Will do!
What's a stop? Is it when you Buy or sell it and you make money then when it go back down to where you bought in at it stops the trade?
This should help claytrader.com/videos/trading-101-buy-stocks/
Hey what application do you use? Like what do you use to see ur stock charts
Here ya go claytrader.com/resources/
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
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/
What platform do you use to trade stocks? Your positions are closed out much faster than Think of Swim TD Ameritrade.
Here you go claytrader.com/resources/
great video. really enjoyed it and learned a lot very informative thank you much .
Glad it was helpful!
Watching how you use stop was great education thanks again
Glad you enjoyed it
thank you!
You're welcome!
Great vid!
thanks for watching
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?
You're right... I go into all the more finer details here claytrader.com/takecontrol/
Clay quick question .. your trading tool choice of E Signal. Why? Asking because isn't their data delayed?
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/
Love when you say "dirty dog"
haha.... it's a fun phase to use!
So if I were swing trading I'd do the same but with the spy 1hr. Chart?
You'd have to experiment.
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.
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/
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 TH-camr 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 👍🏻
Thanks for the feedback
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.
Thanks for sharing!
Hi which programs can I use
What broker are you using? What do you recommend other than robinhood lol?
What I recommend = claytrader.com/videos/the-stock-trading-platform-for-traders-on-a-budget-best-app/
I'd take 50% profit every time!!! Good Job
Cheers
So if i understood this correctly, the SPY is a summary of all markets? or just stocks? please explain
The USA stock market
What platform do you use and what is the cost , like commission, monthly maintenance ?
Here you go claytrader.com/resources/
This is a solid channel
Thanks
Clay do you ever trade vol ETFs?
I trade whatever I think puts odds in my favor.
What platform do you use?
Here you go claytrader.com/resources/
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
Thanks for watching!
Nicely done explaining your risk management 👍 can’t win’um all live to fight another day... stay green my friends 🚀
Exactly!
Does anyone know what trade platform/site is being used in the video ?
Here ya go claytrader.com/resources/
Great info
Thanks for watching!
When you were talking about risking $100 and made $50 I was like, that is awesome. Do you think sometimes MM's take out stop losses? Some traders set alerts of just decide to sell/cover when support or resistance is broken without setting a stop loss. Thoughts? Thanks as always.
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
I enjoy your videos. Thx. Why don't you use SPX itself for market winds indicator instead of SPY?
No need
@@claytrader i havent looked into it scientifically but i assume spx and even more /ES will give a couple of seconds or so head start compared to spy.
Let tell you one thinig ,I exactly started trading the way u said in this video but i was not aware that people do use it , i discovered it by my self , after watching your video i really think I'm in a right path ... Great video sir 🙌🙌👍👍
Nice work!
Haha The clip at 2:34 is from Oslo Norway when a crazy ass storm hit us! Quite a funny video if you search for it :D Great lesson btw!
cheers
I will use it
great!
Can this be used for swing trades?
Yup!
great job
Thanks
I’m assuming “winds” are after the market opens?
And before - claytrader.com/videos/how-i-find-stocks-to-trade-day-trader-strategy/
Very nice...:)
Thank you! Cheers!
Very good...
Thanks
I am watching this a second time as a friendly reminder!!
Cheers
That was cool to show how BA was correlated with SPY movement a.k.a wind
Thanks for watching!
Hey clay i just started trading and i love your videos. I want to know what is better crypto forex stock. Is one them winner?
I prefer "stock".
I’m new to trading and trying to learn as much as I can as quick as I can. This video was great, but def over my head. Not seeing how you made the 47$ you earned and how you had shares left. I have a long way to go still apparently 😊
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/
Thanks
No problem
Maybe the wind is from a couple of tornado's. So what direction and from which tornado's.
Don't overthink it....
thoughts on entering a trade with a stop loss and limit set? vs. actively deciding when to sell.
Daniel Sha use a mental stoploss if you can be disciplined
you should know where you want to sell before entering
Liked this indicator. It's most preferable than any dush MA type indicators.
Cheers
Interesting strategy, i might add.
Thanks for watching! Hope it works well for ya
Well SAID
Thanks
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.
Sounds like paralysis by analysis to me....
best free lesson in trading.
Thanks for watching
what broker do you use?
Here you go claytrader.com/resources/
I like the way you trade Clay. Not greedy....Sensible and responsible trading.
Thanks
this work also in penny stocks,day trading?
depends on the situation
this one goooooooooood
thanks for watching!
Is there anything similar that can be applied to Forex trading?
Not that I'm aware of
Yes...look at the DXY (dollar index).
So the BA chart is a two minute chart or a one minute?
There are other times on my other minitors
thanks
You're welcome!
I don't enter any trade without looking at the SPY 5m chart..especially in these times
wise move!
Are commission fees based off of the whole account or how much you trade in one trade?🤔👍
Depends on the broker. Lightspeed that he uses charges the commission per share. Though with higher trade volume they offer lower commission.
Fees explained here claytrader.com/videos/how-i-saved-33-on-commissions/
Think or swim is no commission trading
Looking forward to your trade recap on Monday! I loved learning from your 1400$ loss last week, you can always dig yourself out of a hole. I aspire to be as good of a scalper as you one day.
cheers
All I know is I made a decent amount on ALDX and MEIP today.
congrats