So if you disagree with my assessment then this isn't the thread for you. But feel free and explain why he would be ok with opening up a long call or put just to close it once it hits $50 profit. That seems like some type of degenerate gambler philosophy. Yes I think ClayTrader is kind of a degenerate gambler when it comes to day trading. But yet I've heard him say he is a real estate investor and has lots of other businesses. Well if that's the case, he sure does spend alot of time DAY TRADING in the morning AND SOMETIMES IN THE AFTERNOONS. Seems like he has nothing better to do with his time than trying to scalp options. Hopefully his tenants don't have leaky toilets.
I saw this dude go deep into the red on one trade but it went back in his favor and he closed out for a profit. What a tool. The profit was alot smaller than his draw down. Keep that in mind.
On the other hand, Clay can be a pretty cool guy. Trying to give helpful advice. And he's one of the only genuine youtubers that really does trade live a couple times a week and shows it. Problem is, he doesn't really explain his strategy and it just seems like flipping a coin or gambling. But every now and then I like to watch one of his live trading videos (there are many to choose from). you get to see the DOM and everything.
so as i was saying, clay has been trading for a long long time on youtube. but he doesn't really teach people how to trade. when they ask him questions on his channel he often tells them if they want to "talk trading", they can sign up to his private chatroom. that must be disappointing to them.
who wants to make $125 per hour? just imagine how much money you could make if you did it full time and didn't take breaks like clay does. you could literally make $1000 in a single day working market open to market close using his strategy.
one problem though is, you won't understand his strategy unless you buy his course i guess. clay i have NEVER seen him explain WHY. All he does is SHOW. but you guys are smart so i'm sure he can figure it out.
Good news and bad news. Bad news first. His "complete package" costs $2497. The good news is if you do it that way you save $485 over the "pay as you go" option which gets you started with a single payment of $497 but the payments will total $2,994.00 in that case. https://claytrader.com/takecontrol/#purchase-options
He does offer a 30 day money back guarantee apparently NO QUESTIONS ASKED What more could someone ask for than that.
this guy is one of the most consistent youtubers I have ever come across - daily uploads for the past 10 years! But just like the 10,000 other trading channels out there, no keeping track of account growth. I'd love to find just one youtuber who shows us at least a spreadsheet of his weekly or monthly account PNL. Monthly statements of their brokerage account would be even better.