Living Wage? Let's Talk About It

Living Wage? Let's Talk About It

Author: ClayTrader December 4, 2023 Duration: 17:23
I want to talk about a topic that applies to all of us in one way or another. I recently had a conversation who made the argument that everyone should be paid a livable wage. I know this is not some new thought or a talking point which has not been discussed in the headlines before; however, I did want to bring another view to it that I believe many are missing in their analysis. If you ever come across someone who wants a living wage to be paid (or perhaps you already feel this way), I want to offer up a few other angles to consider. I respect everyone's point of view and can appreciate where everyone is coming from, but if a topic is going to be addressed in the most efficient way possible, we need to ensure we're approaching it as accurately as possible. Let's get to it!

Hosted by ClayTrader, The Stock Trading Reality Podcast cuts through the noise of the financial world. This isn't about get-rich-quick schemes or market hype; it's a grounded, often unvarnished conversation about what trading stocks actually looks like day to day. Each episode delves into the tangible strategies, psychological hurdles, and personal stories that define a trader's path. You'll hear honest reflections on both wins and losses, focusing on the practical discipline required to pursue consistency. For anyone interested in the markets, this podcast serves as a crucial reality check, stripping away fantasy to examine the real work involved. Tune in for straightforward discussions that prioritize long-term understanding over short-term excitement, all from a voice experienced in the trenches of trading.
Author: Language: en-us Episodes: 100

The Stock Trading Reality Podcast
Podcast Episodes
Advice for my younger self... hmm...... | STR 544 [not-audio_url] [/not-audio_url]

Duration: 11:11
I was recently asked, "Hey Clay! What would be one bit of advice you'd give a younger version of yourself?" What a great question! In this episode, we dive into one of the simplest — yet most powerful — financial princip…
A Misleading Component of Context | STR 543 [not-audio_url] [/not-audio_url]

Duration: 11:01
We hear it all the time: context is king. This is certainly true and is an important part of the discussion or decision making process. When we focus it into trading, context is extremely important! With that said, I rec…
$53,400 GONE in a Matter of Minutes...| STR 542 [not-audio_url] [/not-audio_url]

Duration: 18:43
$53,400 gone in a matter of minutes. It sounds a bit far-fetched doesn't it? Unfortunately, it's not and is the reality of the situation for a very courageous member of my private trading community. This past week a scre…
A Warning for Traders and ChatGPT... | STR 541 [not-audio_url] [/not-audio_url]

Duration: 9:00
There is a new study making its way around from MIT in regards to what ChatGPT is doing to people's brains. In my opinion, none of it is shocking; however, it also made me think about all of us as traders. I'm open to th…
How to Create Crazy "ROI's"! | STR 540 [not-audio_url] [/not-audio_url]

Duration: 16:16
Personally, if someone showed me what I'm about to show you, I would not believe them. I would immediately say, "No way! What's the catch???". As much as it would disappoint me for you not to consider what I talk about i…
The Pitfall of Demo Trading... | STR 539 [not-audio_url] [/not-audio_url]

Duration: 13:48
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 thi…
Market Makers? LOL... | STR 538 [not-audio_url] [/not-audio_url]

Duration: 13:36
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 beli…
Fighting Anxiety and Tilt... | STR 537 [not-audio_url] [/not-audio_url]

Duration: 13:08
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 le…
Day Trader Geography (Be Aware!) | STR 536 [not-audio_url] [/not-audio_url]

Duration: 10:52
I recently came across an article on CNBC that sparked a topic that doesn't get talked about enough. Perhaps you are well aware of day trader geography, but oftentimes it's one of those concepts that hides in plain sight…
Calendar Critical Thinking... | STR 535 [not-audio_url] [/not-audio_url]

Duration: 11:56
"Today" (the day I recorded this episode) I was reminded of how I need to do a better job of deploying my critical thinking skills around the economic calendar. Thankfully the trade I was in turned out really well, but w…