STR 204: Lighting the Victim Card on Fire. (audio only)
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STR 204: Lighting the Victim Card on Fire. (audio only)

September 3, 2019

This is Stock Trading
Reality Podcast, episode 204. It felt like I was going under. I felt completely beat up
by everything around me, so. I attached to myself like a victim card to my forehead, you know? (rock music) This is the Stock Trading Reality Podcast, where you get to see the realistic side of a trader’s journey. Get inspired and stay motivated
by every day normal people, who are currently on their
journey to trading success. And this is your host, he has a major man crush on
Hugh Jackman, Clay Trader. There’s some irony
here, because literally, we’d never had any problems
and then on episode 200, which I realized by the
time this goes live, yeah, that’s gonna be a few episodes ago, but I screwed up the fun fact. And Chaz and I were
talking about something and it was perfect, it was beautiful. To the fact I was telling my wife about it and she thought it was hilarious. But we’re gonna do the fun fact again, which is what you just heard,
but for full disclosures sake, Chaz and I have actually
already talked about this. So, Chaz–
And Clay ruined it. And that’s the great irony,
I ruined it on episode 200. I mean, I guess it was bound to happen, why not happen on episode 200? But, yes, I do absolutely have
a man crush on Hugh Jackman. The guy can sing, the guy
can dance, the guy can act. If you ever seen any of the
X-Men movies, Wolverine, the guy can get jacked beyond his mind. So what can’t the guy do? As I said in the first fun fact, he’s probably currently day
trading on his Robinhood App, and making just thousands
upon thousands of dollars in an area with bad service. That’s probably how good he is, it just, it seems everything he does. So, Hugh Jackman for me, definitely I have a man crush on the guy. I’m just not quite sure what he can’t do, because he seems to be good
at everything he attempts. And unfortunately, I know
what Chaz is gonna answer. But you as listeners don’t
know what he’s gonna answer, but Chaz, you have to
tell the same story again, because it’s a pretty classic story and it’ll lead into a future fun fact that’s already been written out. But, my first question is, what are your thoughts on Hugh Jackman? And my second questions is do you have a man crush on anybody? I guess what is your man crush status in regards to just all the men out there? (laughs) So, I obviously know Hugh
Jackman from the larger roles he’s played in like X-Men
and stuff like that, and he’s just a beast of a person. But, Kelly had some of her
coworkers in from the Front Range and we watched, what is it? Man of Show or something? What is that actually called, Clay? No, you gotta tell it
the way you did, ah dag. It’s never gonna happen that way. I know, I’m so disappointed. But I’m gonna, I’ll retell it, okay? Because this is what I was telling my wife last night at dinner,
was I asked, you know, so I’m, okay, you as
listeners are my wife Abby. I said, yeah, so I asked Chaz, you know we did the fun
fact about my man crush being Hugh Jackman and I asked
Chaz what are your thoughts on Hugh Jackman and do
you have a man crush? And he starts to talk
about yeah, so Kelly, I thought you said her
nurse friends or whatever, but I said yeah, she had some
of her nurse friends over and then they’re watching
this movie and Chaz says he’s not a very good movie guy
or he’s not a big movie guy. But he was watching this movie and it was like a passion
project or something for Hugh Jackman and there was
just like singing and stuff, but it was actually a really good movie. And I thought– It was like a musical and I was like wow, usually this wouldn’t be like up my alley and I wouldn’t expect
Hugh Jackman to be in it, but I was like, I had to
sit there the whole time. And I like wouldn’t leave
to go to the bathroom, I was just like I’m watching
this all the way through and I was so glad I did, but yeah, he is just the man that can do everything, it’s kinda ridiculous. And yes, I absolutely
have a man crush on ’em, because that’s just like, the
amount of talent is absurd, it’s just insane. Yeah, and exactly and I knew that he had
some stuff on Broadway, so I don’t think I had the shock effect that you clearly did, because yeah, to think Wolverine and
then all of a sudden he’s in some musical singing
and dancing and stuff, what is going on? But eventually, I was like Chaz, are you talking about
The Greatest Showman, and he’s like yeah, yeah, yeah, and I was like yeah, no,
that movie is really good. And in fact, one of the
fun facts in the future is gonna be that, that’s one
of my newest favorite movies, this is The Greatest Showman. So I apologize for you loyal
listeners in the future, you are gonna hear us talk about
The Greatest Showman again, and we’ll probably
reference this discussion. But, to hear that Chaz was like, actually, that was a really good movie, and then there’s a fun fact
coming that it’s actuality one of my newest favorite movies. So Chaz, it sounds like you feel that I’m totally justified, if you wouldn’t get up
to go to the bathroom, I mean, that’s a really good movie. Yeah, and like I always say, I’m not by any means a
big movie guy at all, I was like can’t leave, like
I have to watch all of this, it’s that good. So, yeah, that’s pretty telling, that’s a very high
compliment to get from me. Yeah and I was the same way, I was kinda a little bitter
going into it, like, goodness. Honestly, my parents were like, hey, you guys should
watch The Greatest Showman and I’m like, you know
I love ya mom and dad but I’m a grown man now, I’m a grown man, I got hair in my chest, you know? What is this Greatest
Showman musical stuff? And then, I was like Chaz, my
bladder was about to explode, I’m not going anywhere and it
turned out to be a great movie but we gotta move on, we gotta move on and we’ll be talking
about The Greatest Showman in a few episodes anyways, when
that fun fact comes back up. But today or tonight or this morning, whenever you’re listening to this, we recoded it during the day. Chaz and I met ourselves
another great data point, a data point of our
crustiness on why we’re not very compassionate for
people that always wanna throw out all these
excuses, all this woe is me, all this I can’t get ahead, all
this victim mentality stuff. We now have another example, where we can gladly link people to this. Now we’ve had many other beasts on here, we’ve had many other data points, but it’s always good. The more data, the
better, in terms of yeah, there really are no excuses
if you really do want it. And that’s what we have with Thomas, he goes by the same name in the chatroom and he is over in Scotland,
as we’ll talk about. So if you’re a fan of Scottish accents, and then really bad
Scottish accents, AKA, mine, then you’re gonna really
enjoy this podcast. But in all seriousness, great story, somebody that wants to
be a trader, is trading, is doing very well at trading
so far since he’s gone live. And as far as I’m concerned,
it’s only gonna get better because as we’ll talk about, he’s discovered a key mental
component about losses, how to deal with losses. How do you actually quantify, do I feel okay with that number? Do I feel okay with that loss or not? Because I get it, Chaz and
I have said we’re guilty. A lot of people say you gotta
be comfortable with the loss, and that is true, but how do you actually
quantify that comfort level? That’s one of the rabbit holes we go down and Thomas offers up some
practical and worthwhile advice. So without further ado, let’s head to Scotland
and talk with Thomas. Tom, welcome to the show. Hello guys. Now, we just discussed
before we got recording, because I’m not a very
intelligent individual that you said just call me Tom because your real name
is Thomas, is that right? Yeah. Close enough? Close enough, that’s right. (laughs) Ah, yeah, I’m such an idiot. Chaz, do you know how to, can you say it? Let’s hear Chaz’s attempt, maybe we’re– So I thought it was Thomas, but it’s Thomas with an S-H at the end, so Thomash or something like that. I know I’m butchering it too, but Clay, I just love that Clay said that he wasn’t going to attempt it, then he starts off the
podcast attempting it, but. Thomash is actually spot on. Okay, cool, look at that, see, Clay. I’m taking over the podcast. Yeah, whatever, and you’re
right Chaz, I did say that, but I just, oh, I don’t know,
I figured I might wanna try, I wanna see how I could
operate under the pressure of knowing that people will hear this and I clearly failed
miserably, but that’s okay. Now, Tom, you are
located in the UK, right? Yes, near Edinburgh, Scottish Capital. I remember that place
from the movie Braveheart, have you ever seen Braveheart? Oh yeah, of course. (laughs) Now, I have talked to another, I don’t remember where
this person was, but, Braveheart is inaccurate in the sense of, wasn’t Robert the Bruce,
wasn’t he more of your hero rather than William Wallace? Yeah, it’s actually, I stay near Dunfermline where
Robert the Bruce is buried, so yeah, he’s more of a hero here in the western side near Edinburgh. And near Sterling,
that’s more like Wallace is the better hero. Yeah, that’s where the battle
of Sterling took place. I’m just, Braveheart is my
favorite movie of all time, but it’s kinda disappointing to know that it’s a little
deceiving, in the sense of, they make William Wallace out
to be more of a hero than, did you know that, Chaz? First off, Chaz, please tell
me you’ve seen Braveheart. Yes, I’ve seen Braveheart,
I am a human being. (laughs) Fair enough, now did you know
that little history though? Did you know that William
Wallace is actually not as important as what
they made him out to be? I did not, I did not know that. I need to say that I’m not Scottish, so I might be wrong in some sense here. (laughs) No, from the other person that I know for sure is
Scottish that I talk to, he definitely said the same thing you are. But, what is this accent? I love it, I wish I could talk like you. It’s Polish really. Polish? It sounds like you’re straight
out of the movie Braveheart, I love it, I mean this is like a Scottish slash Irish, I don’t know. A lot of people actually say that I’ve got Canadian
accents for some reason, because I spent about a
year in Canada as well. So, but I think it’s more Scottish now. (laughs) Chaz, what do you think? You gotta be leaning
towards Scottish, Irish, where do you stand in regards? I can hear a little bit of Scottish, but I feel like the
longer people are places, the more they kind of absorb
pretty much the accents or however, the mannerisms
that people talk from there. I thought it was, flat out,
I thought it was Scottish. Okay, cool, all right. Well, I realize listeners this has nothing to do with trading but cut me some slack! I love when we talk to
international people, because this is just out of the norm. Now a little disclosure sake here, maybe I’ll mention this during
the intro when we record it. But, I will be playing dumb a little bit, because Tom sent an
email that just was like, wow, pure inspiration. And I was like you gotta
come on the podcast, so here he is. So I’m not playing totally,
so I do know a little bit, so this is not 100%
genuine in some aspects. In many aspects it will
be, but Chaz and I, we may or may not know
some of these things that we’re gonna be asking about. But let’s just get into it. So Tom, I mean, it sounds
like you’re well traveled, you’ve been all over the world. What actually got you into the market? Where did you first hear about it? And what sort of things happened that led you to the point of saying, you know, I wanna get
more hands-on with it. Yeah, I guess it all
started in high school in my home country, when
I was teenager, obviously. I was about 15, 16. I actually have a subject there, like basic stuff like economy and one of those topics was
how the stock market worked. I remember that our teacher
brought to the class, a business newspaper or some sort. And after explaining few
things regarding stocks, there was like an exercise which involved like a paper trade. It was very simple, everyone was supposed to buy some stocks or some shares with some
pretty fine budgets, and wait a few weeks. So, even then, it was kind of
obvious to me to buy stocks when the prices obviously up-trending. And I remember looking at those
linear charts at the time, and see those strengths. And I bought quite a few cheap shares and a couple of very expensive ones, and I made some money on that paper trade. It was the trade I’ve ever done. (laughs) Sure, sure, so, a question for you though. So how did you determine if a stock was in an up-trend at that time? Was there a little pronounce of a chart, was there a line chart
next to all these ones you were looking at–
Yeah, that was a– I know the newspaper stuff is just kind of a list
of prices and who went up and who went down. Yeah, that was just a line
chart, basically, obviously. The start of the chart,
the price was always lower than at the time I bought those stocks. And it just kept rising,
and that’s it, that was it. It was obviously more of
a like than any knowledge that I had at the time. Sure, you know the funny thing about it is that’s the approach that you just have to take for trading, is you just need to look at the newspaper and whatever’s going
up and then you buy it. Except that has no risk management and people get hosed doing
that all the time, but anyways. Okay, so that’s pretty cool now, did your interest kinda bleed into I wanna do some jobs in
finance or anything like that? Or is this just kind of like,
this is my introduction, now I kinda understand a little
bit about the stock market and kinda continue to do schooling? Yeah, I’ve been thinking
about it for a while, quite a while to be honest, but somewhere along the
way, different thing up and then different things took over. And I did not think about stocks market until 20 years later to be honest, which was at the end of 2017. So, that was that
introduction in high school and that was it for a very a long time. What did you do during, I mean, 20 years, that’s two decades, did life
just happen in regards to– Yeah. Okay, I mean, so it’s not
like, how did you travel? Is this like a job function? What took you to Canada? What took you to where
you are now in Scotland? I mean, as long as it’s not a job where you’re gonna have to kill Chaz and I if you tell us what you do, but I mean– Yeah, sure. What did you do for work? Or I guess what was kind of
going on during that 20 years that totally removed you from the market? Secret agent Tom. (laughs) Yeah, secret agent, yeah, I wish. I should say, actually what’s
kind of things took over, this trading thinking. Well, I decided to become
a helicopter pilot, well, long time ago. I guess I was watching Air
Wolves Show or whatever. There’s a helipad right in
front of my childhood house, I stayed near hospitals, so helicopters were
landing all the time there. So, I decided to become
a helicopter pilot. Obviously, I was still a teenager and I took my first job, like a part time job in
building merchandise. And I quickly realized that there’s no way that I will be able to save enough money for what I wanted to do. I also had some small jobs with my father as a painter decorator
and the general laborer but obviously that
didn’t help quite a lot. So I needed to save a lot more money, so at some point I needed
to think outside the box. And have finally, the
opportunity has actually arisen and I took a trip to United Kingdom and to be honest, I didn’t
speak English at all. 16 years ago, I didn’t
speak English at all. What language did you speak? Polish.
What’s your first language? Polish only. Okay, well I will say you
speak English better than I do, so well done in learning
the English language. That’s pretty good, not pretty good, that’s awesome stuff. And I did not know that you
were a helicopter pilot, so I’m kinda glad I asked that question. So are you able to say
the opportunity that arose that took you to the UK or no? ‘Cause I’m not trying to pry too much into your personal life here. No, no, actually I was a childminder. So, I used to train kids like
at karate classes and stuff, so someone actually
employed me here in the UK to do the similar job. It was okay, but still, I
had not enough, obviously, money to do what I really wanted to do, to become a helicopter pilot. That makes sense though. You’re basically, broad
picture, you’re why, right? And I know you’ve taken courses and you’ve got to establish your why, so one of your big why’s was
you wanted to fly helicopters? That’s right.
Is that– That was a broad all, that
was the kinda the end. But so, that was my dream
and I wanted to pursue it, so I took those steps that I needed to do, that I think I needed to do, and I just got it on, working. So you’re just basically
working, working, working with the end goal of wanting
to be a helicopter driver or, driver, flyer, a
helicopter pilot, there we go. See I told you you’re better at the English language than I am. Helicopter driver, Jesus.
That was a good one. (laughs) I’m probably not gonna live
that down in the chatroom now, but that’s okay. At what point now did, like you said, I like how you said you
were doing what you thought needed to be done in order to accomplish this kinda big picture
goal of a helicopter pilot. But what eventually occurred that did, I know you mentioned back in 2017 is where your focus got brought back to the market. So I guess kinda pick things back up there unless there’s something
else you wanna throw in, that’s totally fine too, but what eventually brought your focus back onto the markets? Yeah, I guess I need to
continue with story for a while because what happened was actually, I eventually became a helicopter pilot and that was a school in Canada. At some point I really had
like three employments. I used to work continental ships, like four days, 12 hour
days, 12 hour shifts, yeah. I had four days a week, like,
four days on, four days off. At night, I used to sort
parcels for the courier company and on weekends, I worked as a waiter. So, basically– That’s called the hustle right there. (laughs)
Yes, I really was focused on that goal and there was
no stopping me at the time. I didn’t need to sleep at the time, I was like in early 20s, I had
so much energy to strength. So that’s what I wanted
to do, and I kept going. So eventually my first
big trade, to be honest, was kind of buying a
property here in Scotland, so that helped me a lot. And I bought it like in 2005, and I used skills that my father taught me as a painter decorator. I’ve done this house up
like within three years, and I sold it in 2008,
just before the crash. And, I made– Wow!
Good timing! Yeah.
Good timing. I heard 2005 and I’m
thinking, uh oh but yeah, 2008 well done, well done. I’ve made literally like over
100% profit on that house of the value that I bought it with. So, that was a huge chunk of money, and– Great trade. It was a great trade, yes. It still wasn’t enough
though, so I took a loan, I took a loan and I picked a
school and I went to Canada. And in 2009 in April, I
was passed my skill test and became a fully
qualified commercial pilot. Yeah, but the journey
really didn’t end there, as you know, the crash
happened and it was up. I was really hoping to stay in Canada, but the crash happened
and there was absolutely no vacancies for pilots,
especially for new pilots. So I had no choice and went back to UK, and after a few months, I actually found a job
in a helicopter company, here in Scotland. But, the Canadian helicopter license actually did not allow me to
fly commercial here in UK. So, I needed more money to convert my license to European standards and I took another loan. And, again, I’ve passed another skill test and became qualified in Europe, and then start flying almost
immediately after that, and been flying for 14 years. So what kind of helicopter work were you trying to do in
both Canada and the UK? It was small helicopters like, I don’t know if you know what
a Jet Ranger helicopter is, they’re very, very big helicopters. Mostly like pleasure flights, photography, simple charters. I’ve flown with few celebrities as well. (laughs) Cool. Yeah, basically this kind of work, nothing like off shore, nothing like– Yeah.
Yeah. That’s what I was kinda
wondering, ’cause, first off, if you didn’t hear it on
previous podcasts, like, that’s something I’m going to do. I’m going to learn how
to fly a helicopter. And I actually know three
people in the town that I live, one of ’em does like commercial work, where he’s like doing
high tension line work and flying around that stuff and I was like I would like to have a little bit more of a
gap between power lines and my helicopter but
whatever floats your boat. So that’s pretty cool, so pleasure flights and stuff like that, man Canada is beautiful. I could understand why you’d
wanna stay and do that, but Scotland’s pretty awesome too. I’m glad you finally found work and where’s your story
take you from there? Yep, basically yeah, so I
was flying till about 2014 and then I was kind of sound financially and I was still flying
like five days a week and doing brand work as well,
like connected helicopters. Like, passenger briefings
or fueling helicopters, different kinda stuff in that industry. However, it all ended in 2014. There was my best friend who actually was involved in an
accident, on a motor bike and I kind of decided to take a break and I stopped flying, and
never flown since actually. So, psychologically, the death
of my friend was actually very, very painful and heart pulling and that’s how my career
stopped as a pilot. So, unfortunately, I– So your friend, you stopped
to take care of him? Or you stopped because it, I guess, why exactly did the bike accident, why did that stop you from flying? He was my copilot, he was the helper– Oh, okay, okay!
Yeah. So, basically, the way I was flying I really didn’t need a copilot. However, he was helping
me with all the flights. He was preparing my fuels,
would prepare my helicopter, doing daily walk around. So helicopter, he was
calculating my stuff, how much fuel I needed. Really, basically, I just
needed to confirm stuff and that was me, often flying. And one day, he went for bike and he never came back and kind of died. I didn’t feel responsible,
but it kind of– Oh yeah, no, that’s– Psychologically– You said he’s your copilot. Yeah. Yeah, yeah, no, that makes
a whole lot more sense knowing he was your essentially
your right hand man, that makes a lot more sense. Man, yeah, life sure does
happen sometimes, so– So yeah, there was that emotion, which actually stopped everything for me. So how do you bounce back
from something like that? What did you do? Because I can’t say I can relate to that, ’cause I’ve never been
through anything like that, but I mean, where did your
journey take you from that point? ‘Cause that’s a pretty low spot. I had some advices from colleagues who actually used to work
in oil and gas industry, so I done some courses like Roboxes Forces or weld inspection, like, with ultrasounds with netty particle or eddy currents. So I’ve done some jobs here and there, but as a self employed and
really new to the industry, there was not too many of them for me. And then that crash with
oil happened in 2015 and I could not find any
employment whatsoever. Some of my colleagues had
like 10, 15 year experience in oil and gas and had no jobs. And I really started to, how would I say, Tom
stock went really down. (laughs) That’s a good way to put it. Yeah, so, I started to drive
with parcels for minium wage, started painting houses, doing delivery, like pizza delivery jobs. I was going nowhere at the time, I was living day by day
for a couple of years with a constant zero in my account. My loans became a– I gotta interrupt you here, because you’re totally wrong,
you were going nowhere, I know what you mean but let
me tell you how I view it. You could have thrown up
your hands and just given up, and I know you said you
stayed at constant zero, but in this day and age, that constant zero doesn’t
stay to zero, it goes negative. Because people throw up
their hands and well, let’s get out the credit card,
let’s do this, let’s do that. And all of a sudden, their net worth goes negative because now they have more liabilities than what they have assets. So, I would say that given, and
I like how you put that too, to echo Chaz, your stock went down. Hey, man, well done! It sounds like you just
did what you had to do to at least stay at zero. And a lot of people, they
don’t even stay zero, they just whatever, give up and everything drifts down below zero and things get outta control. So, I’d say give yourself
a little bit more credit, unless I’m misunderstanding
something, but hey, staying at zero is a whole
lot better than going below. But I do get what you’re saying, because you’re obviously
an ambitious person, so staying at zero is
not good enough for you. But it’s not like you were a total loser, you were doing what you needed to be done. Sorry to interrupt, but, yeah,
that’s pretty motivating. Yeah, so, financial, I wasn’t
really too bad, as you said, a zero is not a minus, it’s
still kind of floating somewhere but yeah, psychologically,
I felt like beat up. So motions kind of, got into me. So, like you said, zero maybe is not bad but still I was going nowhere. And it felt like I was going nowhere, I felt completely beat up
by everything around me, so. I attached to myself like a victim card to my forehead, you know? (laughs) But you didn’t fall for
the victim card, to me, all I hear is the only reason
why the zero bothered you, is because you’re an ambitious person. You want more out of yourself. There are people out there
where they look at the zero and they’re like, hey,
at least I’m floating. Yeah, true.
(laughs) And they’re happy with floating, they’re happy with just getting by. At least for you, it bothered you, I know for Chaz, it would bother him. For me, it would bother me. I mean, and that’s the mentality. I’m assuming it would bother everybody if they’re still listening,
if it didn’t bother them, they’d probably think we’re
like a bunch of precocious, I don’t know if that’s the right word, but people that are like whatever. I’m pretty sure at this
point in the podcast, everybody that’s still listening
is of the same mindset, that yeah, if you were to see zero, yeah, that’s gonna bother you, that’s gonna make you feel like a loser, that’s gonna make you feel, like you said, your emotions go down. But to your credit, I’m glad
to hear that it did bother you, because we could use a little
bit more of that in society where people need a
little bit more ambition and to strive for things. So, I’m getting off my soapbox, Tom. I’m getting off my soapbox, Chaz. (laughs) But, I mean, sorry, I’ll pause
my mic, Tom, please continue, but this is good stuff, man. Yeah, so zero did bother
me, yeah, you’re right, you’re totally right. (laughs) There was a zero in my
like every day account, but I had so many thousands actually negative on my loan accounts. So yeah, every month. And that’ll weight on you, for sure. Those loans were for
my helicopter license, which I did and I wasn’t using it anymore, so that bothered me a lot. But at some point there, like I said, at the end of 2017, I really
don’t know what happened, but one day, I’ve had enough. I really didn’t like what I looked like, what I presented with my,
you know, as a person– The direction your life was going. As a person, I really
didn’t like what I’ve become because of what happened. And I knew I needed to change something, and basically, I think
I Googled something like how to make some extra cash
and one of the search results was like a stock market. So, there it was. I immediately remembered
that high school day, the paper trade I had
done, how good it felt, even though it was a paper
trade, and I kept digging. And at some point on YouTube,
there was ClayTrader, and I’d been attracted to
that channel immediately. And because what actually stood out to me was you weren’t selling
that dream as everyone else that I’d looked into. So, that was something to
me that yeah, this is it, I’m gonna do something about it and that this is CTU to you
I’m gonna be using a book. So this is at the middle of 2017? At the end of 2017, yeah. Gotcha, okay. And did you just kinda just
blast through the courses at that point? Basically, I joined
the inner circle first, and then I read some the reviews online about ClayTrader University. I even emailed Clay, saw that
I really want to do that, the thing was I had no money. So, that was really good of
Clay that he kinda tailored up like a personal payment plan for me. So, that was really, really good and I need to say a big
thank you again for that, otherwise I couldn’t do it. Yeah, and basically I started studying. I started studying really
hard and after a while, I started doing some– I gotta interrupt.
Yep. Define studying really hard, because I get it, you really hard but, a lot of people as Chaz and I have learned have very different
definitions for phrases. So what do you mean by very hard? For example, when I was
driving with parcels, my parcels were constantly
playing in my car. I couldn’t obviously see the video, but your voice was always there. So in my car, when I had like
12 hour day with parcels, 12 hours that was ClayTrader University. So, basically, that’s what it was. (laughs) So, yeah, basically– When did you watch the videos though? ‘Cause a lot of the stuff is visual, so did you find the time to, okay, when did you squeeze
that into your 12 hour days? ‘Cause I mean, as Chaz said earlier, you’re just flat out hustling right now, so how did you squeeze in? And I’m pressing here because, again, where there’s a will, there’s a way and here we have Tom working 12 hour days, when people have a passion,
when people wanna do something, you can get it done! So that’s why I wanted
these little details on how exactly you got it done, already hustling as much as you were. Yeah, so video’s came actually when I had some breaks obviously. I didn’t drive all the time, so, during eating and breaks in the van. I was sitting in my van and instead of organizing my parcels, I was kind of watching those videos, listening to all the definitions and trying to remember every single word. Yeah, basically, that was it. And then when I went back home, that obviously first thing
I was doing was the courses. The first thing you were
doing wasn’t watching Netflix? No, I– Game of Thrones, HBO? The first thing you were doing wasn’t sitting on Facebook or social media? That wasn’t the first thing? No, I canceled that, like, I don’t know, right after joining the inner circle, after you guys told me to do that. Not directly, but, on the
other YouTube channel. (laughs) So you guys said stop watching
that and I said, okay, I go, you were my mentor,
so, that’s what I did. (laughs) I canceled Netflix– It’s amazing how much time all of a sudden you have in a day, isn’t it?
Oh yes, absolutely. Need to stop with that crap. I mean, it’s like holy crap, 24 hours is actually a lot of time. Yep, and so, canceled Netflix,
canceled Amazon Prime, canceled actually all the
subscription I had on the TV. So, my TV was still on the wall, but there was no antenna attached to it. So, only the computer and CTU,
honestly, that’s what it was. Okay, I’m sorry, but
this is why Chaz and I are so crusty and bitter towards people, that, I wanna become a trader,
but I can’t afford anything. And then you press a little bit more, oh, you have Netflix, oh,
you have Amazon Prime, oh, you have this that
and the other thing. Here is somebody, this is what actually
wanting it looks like. I get it, we sit here and say, well, you gotta want it, to be a trader. But what does want it mean? Listen to this, does that sounds like kind of a miserable lifestyle? No Netflix, No Amazon Prime, you canceled all his other services. Yeah, that doesn’t sound too
exciting, but you know what, people out there do it and
we’re talking to one right now. So yeah, Chaz and I, we may come across as a little rough around the edges if you contact us through
the customer service box or maybe you’re just
listening to us on here, but yet, again Chaz, we never
sells another data point of somebody that is
willing to do what it takes to make themselves a trader. So, I mean, Chaz we gotta, I mean, I think we’re both justified
once more in our crustiness, are you agreeing, are you hearing the same
things I am from Tom? I mean, he had just basically
went scorched earth policy, in terms of all his expenses. I guess I have to remember that I need to remind people why I’m crusty. So, yes, it is just scorched
earth beast mode tactics, instead of I, you know what, there’s some guy right in
the customer service thing who says he doesn’t know how trade and all he’s doing is
sending me dollar emojis, ’cause he says I want
to make dollar emojis, and I’m just like, yes, there’s
a reason why we’re crusty. But it’s because we run
into like Thomash here, and he’s just doing what he has to do, it actually is passion. And just like he said earlier,
it stood out to me so well, I had so much energy when I was younger. He’s still got the energy now, ’cause he knows what he has to do. It’s just mind blowing. Yeah, so, I mean, that’s motivating. And I don’t think you
told me, maybe you did, but if you did, I don’t remember. So none of this is staged, I honestly did not know that you canceled all those other things so that, were you doing it from a
time management perspective, and a money perspective? What was the driving force, right? I know you said that you heard
us saying stuff like that, but what was your main driving force? It was both, because
time is money. (laughs) Both, okay. Basically, I was so not
interested in Game of Thrones, oh my God, everyone at work
was saying something about it and I just had to walk away. I was so not interested
in those kind of things. I needed to change, like I
said, my self psychologically. So, CTU kind of, it’s not
only to me robotic trading, it’s also, you get to
read all that bad emotions that comes across all your life, because I needed to change
my mindset, and I did. And you helped me with that,
and I’m very grateful for it, because that was pretty bad. Yeah, I was pretty bad shape, so, thank you. I don’t know, I think you’re
just proving the point that you’re a very ambitious individual, ’cause nothing you have said has made me question your character. Yeah, maybe you were
disappointed in yourself, but that’s just because you set really high expectations for yourself. But, yeah man, that’s awesome to hear that it helped change your mindset,
towards life in general. But you gotta give yourself the credit. We can lead the horse to water, but you can’t make a horse drink. You could drive the horse to water. (laughs) Exactly, you can drive a
horse to water, and yeah, you can’t force that thing to drink. It sounds like, at work,
it’s all about studying, it’s all about focusing on trading, it’s all about just learning the craft, and then you get home and
there’s nothing else you can do, because you’ve canceled
all those other services. So not only are you saving money now, you’re also just freeing up all this time, to once again stay
focused only on trading, is that essentially where we
are at in your current journey? I started doing some paper
trading on Trading View, and it went quite well and
I’ve been paper trading for seven months. My first paper trade was, I think May 2018 and I actually posted that in the chatroom and Chaz gave me a
thumbs up, so, thank you. (laughs) Of course. I always been looking for other jobs because 12 hour shift in the
van, that wasn’t really great. That’s for like minimum wage as well. Eventually I found a good job, the one I described in my email to you, which was like three day weekends, 12 hours shifts and that’s
in a nearby ship out on a aircraft carrier. So that’s the first job
that I have right now, the other job is a pizza delivery guy. I just keep doing that
because I don’t know, I still like driving though,
so I keep doing that. It’s 20, 30 hours a
week and sometimes more, especially during the Christmas period. For some reason everyone
wants pizza for Christmas, I don’t know why, but yeah, that’s it. So a lot hours in December, a lot hours actually, I don’t know, it was almost like 80 hours, 60 to 80 hours a week during
December, I would say, just to drive with pizzas. Let me ask you a question, how do you, in your mind, how do you just go out
there and deliver pizzas? And I ask this because that
takes a very humble person, it takes, I mean, you’re
delivering pizzas, isn’t that like a high school kid job? And I’m not demeaning it at
all, I so respect you for, but I mean for a listener out there, maybe they’re thinking I know
I could earn some extra money from my trading account or I
could earn some extra money for fill in the blank, but I
don’t know, pizza delivery. I mean, how do you overcome
that mental hurdle? How do you overcome the pride aspect, and just get out there and do it? Is there like some sort of mind trickery you use on yourself? Because that does take a
pretty big amount of humility to just get out there
and say you know what, screw what other people, who
cares if people chuckle at me, that I’m, not an old guy, but I’m not a high schooler either, that’s out there delivering pizzas. Can you share with, I’m
curious, but just listeners. If somebody was in your
spot and struggling with the mental aspect of
becoming a pizza delivery guy, what would you tell them? I would tell them, I consider it as a tool to get a job done towards your main goal. It’s something like I’ve done towards my helicopter pilot license. I’ve done many jobs,
including waiting tables and sorting parcels, even at
night, as I mentioned before. Those tools allowed me to
become a helicopter pilot. My goal was to become a helicopter pilot or later to be a trader
and I knew what I had to do to complete my goal. Setting intentions like, you can ask, and we talk about this generally from like the strategy standpoint, like what are you looking for in a trade? Or what is your strategy for this? I need specifics, and when
people just kinda come back with these general answers like I wanna make money in the stock market, I’m like you’re gonna need to have more of an intention than that. That’s a very broad one, you need to talk about the nitty gritty, ’cause that’s how you get things ultimately done, you know? You decided, I’m going
to be a helicopter pilot, and I know there’s many, many
ways to get to this point, but I’m gonna do whatever it takes. Setting intentions is crucially important. So, considering you live in Europe, what have you been
primarily paper trading? What was your focus, was it the U.S. market, currency market? I forgot what your screen shot was, I just know that you were doing– Yep, the thing is that was
U.S. stocks only basically. That’s what I’ve been doing,
so I’ve paper traded that for about six months, seven months, sorry. And at the end of last year
was, I think end of November, I actually started trading
live with interactive brokers. And yeah, I’ve basically
started trading live and it’s going quite well right now. Yeah, I was just gonna say, so putting the real money on the line now is where those evil voices are
gonna rear their ugly heads. So here’s the thing though, here’s what I want listeners
to really understand, he traded the same way ideally you’re supposed to trade in real life, on paper for seven months. So eventually, whatever little
voices were rearing its head when he would have to take a loss or things were going against him to start, he’s kinda gotten a wrangle on that. He’s like oh, so this is
how I feel and this happens, and this is how I feel when this happens. You’re very, very obviously
in tune with psychology, that’s very, very clear. So, going to live money though, did you have some very, very
dentist chair type moments, where you’re gripping the
chair handle really hard, or anything like that or
were you just kinda like I’ve done this, I’ve practiced,
I know what I’m looking for, I know how to execute. Did it kinda go smooth for
ya, going to real money? ‘Cause a lot of people
struggled with that. I’d say it actually
went quite smooth to me, I don’t know. I didn’t have like a big
moment that I was panicking or anything during last month. I had some losses obviously, but they were like
totally confirmed losses, it was absolutely nothing
out of control for me. And I learned that doing
the paper trade, definitely, because when doing paper
trading, I had some big losses and I analyzed them and why it happened, what did I do wrong and stuff. And this knowledge, I kind of took forward to the live trading and
nothing bad happened to me. So basically, I used all
I knew from the courses that I’ve done with yourselves. So basically, roll out to trading RVR, and was the thing to,
and that allowed me to actually control everything. I didn’t know what I could
do before the courses, I just knew I could buy
something and sell something. I didn’t know about stock losses, I didn’t know about
taking the profit area. Basically, whatever you
aligned in your courses, I applied to my strategies
and never went wrong once, for the short period of time
that I’ve been trading live. What stands out to me was
a little thing, one word, one word that you said,
that pretty much summarizes this kind of overarching
topic of mindset and all that. You made the comment, I’ve taken losses obviously, obviously! And I think that goes to
really illustrate why, in your mind, nothing has gone wrong, because you said you’ve
taken losses, obviously. But the very fact that in
your mind and I can tell, because you said it so nonchalantly, which is part of a much bigger sentence. But the very fact that you realize that losing is part of trading, obviously, that is a huge hurdle that many
people don’t struggle with, or that many people struggle
with or aren’t aware of, and I don’t blame those people. All you gotta do is hop
on YouTube or social media and you’ll see plenty stuff where people are always trying to portray it like hey, I never lose, hey, it’s always rainbows and butterflies, we only talk about winning
trades around here. Those sorts of mentalities, which in all reality is not
how trading actually plays out. Loses is part of it. The key is being a good
loser, knowing when to lose, how do I identify even if you
should be taking that risk. Those are the things
that make you a trader. I mean, so, well done! I love how, here we go, I’m gonna
try my Scottish accent. I took losses, obviously. How did I do, Tom?
That sounded more Polish. Aye, aye, aye, I don’t
know what that was, but– He hasn’t left the podcast yet, so you didn’t offend him that much. That’s true, that’s true. But Chaz, I mean, isn’t that
kind of a very telling sign when he sits there and
threw out that word obvious when he was talking about losses? I mean, I don’t know if you’ve
necessarily ever had that, but I think that’s a very
revealing insight into a psyche. My question though, is, kind
of to piggy back off of Chaz, you clearly paper traded for a long time, and as you’ve already told us, it was a very smooth transition, because you did everything
that you were taught in order to keep things
as real as possible. But how did you actually
know at one point, so in other words, why was it six months that you paper traded and not 5 1/2? Or why wasn’t it seven months? Did you meet some sort of goal? Did you meet some sort
of kinda mental hurdle? But how did you know when to actually go from paper to real money? I actually reach a goal I’ll
set, and I had those loans, which been with me for almost
a decades to be honest, because of that helicopter pilots thing. And I, like you said,
so I was working a lot, and after I realized I wasn’t happy with my zero in my accounts,
I’ve been working harder. I basically paid off all my debt and I saved some money
to have funds to trade. So, that was a goal. And when I did that, I
started trading live. I did not allow myself
to start trading live any earlier than that,
because I knew that would be more trouble to me. I could maybe did something emotionally because something like a revenge trading or something like that,
I didn’t want to happen. I didn’t want that to
happen, so there was a goal, I paid all my debts, I saved
some money for trading live and then I started
trading live, that was it. Now did you take the slab course or no? No, no, not really. Okay, no, that’s fine. So this was just you setting into stone, hey, I wanna get these
debts outta the way, I wanna save up. I’m assuming, did you
have an actual amount you wanted to get to for trading? Yes, because I kind of, my goal trading was to make, say, $100 a day, right? So obviously I needed to
save, in my mind, to be safe, I needed $10,000 to erase my
count by 1%, which is 100. Okay, perfect, so you knew that you wanted the debt paid off and you
knew you wanted $10,000, being debt free from those loans. And then did you do calculations, like okay, I’m gonna have
to work this many hours? Or was this just you just
working as much as possible? I guess what I’m trying to get at is, you’re a perfect example of
how when you actually put hard numbers to things, then
you can start to form a plan. So I mean, this plan you had, how did you actually get to it? Did you know that it was gonna
be right around six months? Or was this just I’m gonna
work as much as possible to get this done as soon as possible. No, I didn’t know how long it would take. Basically, I just worked
as much as I could. Like I said, sometimes,
driving with pizza, I only have 20 hours a week, because it was absolutely quiet. The other week I had like 80 hours, so obviously, I needed
to use the opportunity that they gave me to make
as much money as I could in a short possible period of time. I love it, I love it, and that makes sense when you have the
flexible hours like that. But I mean, Chaz made, the great point is, when you put an intention
behind something, it’s a whole lot easier to
actually make it happen, and you had the intentions
of I wanna be debt free and have $10,000. And with that, you just, like you said, you took as many hours as you could. So, that’s awesome. Do you remember anything about
your first real money trade? Let me ask you this way,
what is your ideal scenario? Are you doing more so day
trading, are you swing trading, what sort of setups and
such are you looking at? It’s more swing trading,
because I still work a lot. And obviously, let me put it this way, I had two losses but the
largest losses I have is because I couldn’t adjust my stock loss higher than I normally would. I was on the boats in shipyard and I was right at the bottom of the boat and there no reception in my phone, so I couldn’t adjust my stock loss. And unfortunately, after
being on green almost all day, at the end of the day and
the trade hit my stock loss. And so, that’s how I got two major losses. So, yeah, basically, how
can I put that actually? No, I understand what you’re saying, that was just the, major
losses and how many days did that kinda cost you, from those? Say that again sorry, how many days of? Yeah, how much of your
profit did that wipe out? Was it like a weeks worth of your trades? Or a month worth of your trades? You know, when you say major losses, just quantify it a little bit. That was two losses of $150, and basically I made it
up, what, next three days. Don’t you love that, Clay? His major losses was three
days and not like three months or three quarters of the
year or something like that. I do wanna thank, the
reason Chaz was kinda, ’cause I threw him a question through our, we use Slack behind the
scenes to communicate, and I was like, ask him about major loss! Because Chaz nailed it, I was thinking, I think Tom might be, I mean, his mind, yeah,
it was a major loss because all this stuff went wrong. But I don’t think it’s as bad as what some other people might
consider a major loss, which is what we’ve heard on the podcast. Once a profit’s gone,
my entire account gone, oh, we’ve had Chaz, oh, it
was three days, and you said you made it up pretty quickly?
Yes. In three days you said. Oh, you made it up in three days? NRG swing trade I think,
actually maybe it was four days to be honest now, if I remember right. NRG just broke the broke out and I’ve made like close to $500 and that was me paying $200 in the profit. That is a perfect, just
’cause it’s fresh in my mind, but Rena, her welcome
back episode, episode 199, one of the points she made
was just take the loss, and take a breath. Because, if a loss, if
you take it, when yeah, you don’t wanna take a loss but it’s sure a whole lot
easier to dig out of a whole when you take the loss
when you’re supposed to, rather than letting the
loss spin out of control. And you know, Tom, what he just described, is really a perfect
reflection of what Rena has been working on and
getting a whole lot better at, is, yeah, he took a loss, but it took ’em three to four days to get out of it. That’s a whole lot better
than three to four weeks, or three to four months, to get out of some sort of loss because you just totally abandoned ship in regards to the rules. But yeah, if you have not
listened to episode 199, then I mean, definitely
check that one out with Rena, because it’s a good one. All the other ones are good too, but that’s what immediately
stood out to me, was how that definitely
compliments each other. As far as your routine, when
are you finding these trades? How are you executing them? It sounds like you’re doing
stuff at work with your phone, so I’m very glad to hear
that you were swing trading and not sitting here
saying that you were doing some sort of high tying frame
skelping from your cellphone. But I mean, where are you
actually finding time, from a routines perspective, to kind of implement your strategy? ‘Cause as you said, you
do already work a lot. Yeah, my routine is basically when I come back home, I look for stocks, basically that’s the
standard I’m working with. That’s the only standard to be honest, because they’ve got everything I need. I’m looking for basically patterns and I really like trading the panic buys. Those two things are I’m
looking for in trades. Patterns meaning, symmetrical, triangles and I really like their holding wedges. And yeah, I never really had problems with finding those as well. I make my orders at night, go to sleep and basically the next morning I’m going to work, and
once 2:30 happens actually, that’s allotted time and I
start checking my account in my mobile phone. Basically, that’s how it looks
like everyday, pretty much. Now, so obviously you have a plan and you’re totally comfortable with how you kinda set up your orders, and then kinda let them do their thing. Sounds like you’re quite a bit hands off which isn’t a bad thing
by any means at all, micromanaging is why a lot
of people get screwed up. Now, but you’re so comfortable
with kind of taking loses, how did you develop that? Is that just, you strictly,
your confidence in the strategy, confidence in your practice, confidence that you know I’m
not gonna win all of these, but the ones I do win are
gonna pay for the losers. How did you get to that point where you’re just comfortable, literally, I don’t wanna say set and forget, but it’s kinda set and forget, how did you get to that point? Basically, I know where I can lose, I kind of tested myself in my mind so that am I possible to
losing, say, $150 in one trade or say two days in a row,
or three days in a row, I said yeah, that was fine, I can do that if I was thinking about, say, $500 losing a day. So I told myself I wasn’t fine with it, so whenever I’m doing
stock losses, obviously, according to RVR, I’m
actually trying to set it with the biggest loss
that I’m comfortable with, which is around $150, and
that’s it, that was it. My mindset was actually working this way, but since I started really, paper trading. So losing $150 was okay, losing,
I don’t know, $500 wasn’t, even in the paper trading. I know you tested yourself, I like that and I realize you tested
yourself by, well, how do I feel at $150, okay, I feel okay. How do I feel at $500,
okay, I don’t feel okay. How were you quantifying feel? Did you have like a budget laid out, and you were looking at budgetary items? But what was dictating this feel, this emotion of okay, I
am comfortable with $150 as opposed to $500? I mean, does that question make sense? Yeah, it does. Basically, it all out the
overall budget that I have, and say, with my future goals as well. Say, because I’m still working, so I know how hard it is to make $150 at the shipyard for example, right? So, one day of work, it’s okay to lose, because it’s about my daily wage. So, I was thinking okay, I
can lose one day of work, I can do two days of work,
it’s kind of a accurate offset, something like that. And yeah, kind of, I
tested myself this way. And yeah, basically, that’s it, yeah. No, that’s a great answer, it’s brilliant and it’s a great way
to quantify, you know, what do you feel comfortable with. And what stood out to me
and I realize Chaz and I, we’ve talked about this many times before, you said you have a budget in place and you have other goals out there, right? Yeah. Okay, so this is exactly
why Thomash is able to quantify his quote unquote feel, how does he feel that
one way is good enough and another way is not good enough, is because he’s actually
managing his personal finances. And if you think that
you can stroll into this trading business and have
your personal finances not in order, so no
budget, no goals, no idea, how much do I spend each month, what am I? I mean, if your personal finances
are not in tip top shape, you have no chance at trading. Because how are you
ever going to determine what you feel is okay for a loss? It’s impossible, because you
have no way to quantify it. But with a budget you can, as
Thomash beautifully explained, start to quantify, okay,
well, I make this much, I have this many expenses and
I have those sorts of goals, so if I were to take that sort of loss, ugh, no, no, no, I don’t
feel good about that number. What about that number, oh, okay, because I see the framework of everything, because I actually had my
personal finances in order, I can visualize and realize, okay, I actually do feel comfortable. And when you do truly feel comfortable, then yeah, you can kinda be
like Thomash where you’re like, yeah, I’ve took some losses, doesn’t really bother me that much because I know I can afford it. So, but, how do you know
that you can afford it? Circle back to personal finances. So that is why Chaz and I
harp on it all the time, and that’s why I just
ranted about it again, because trading is a business and you need to be
organized in your business. So why people think that
they can just stroll into starting a business known as trading, one of the most difficult out there, without their own house
in order, is beyond me. Well, it’s not beyond me, it’s just pure greed that’s leading you. So as a listener, hey, I’m not saying your shouldn’t try trading, but that’s kind of a good
little mile marker test as far as should you even be trading, is how are you doing with
your personal finances? Do you know how much
you spend every month? Do you know how much you make? Do you have any other
sort of financial goals? If not, go back and get
that stuff taken care of, before anything else. But yeah, that makes a whole lot of sense. Now, Thomash, looking at the time, we’ll go a little bit while longer because this is great stuff. But, and pressure to ask
this during your routine, but when you look at your chart, if I were to be sitting next to you or you invited Chaz
and I over to Scotland, what would we see, I
suppose, on your phone or on your charts that you are using to help make your decisions? Obviously, I count to
six in volume, obviously, and trend lines, I like actually
drawing my own trend lines. I like to see my own patterns,
the ones I know, obviously. SMAs 250 and Tim. I’ve got relative streaming dates, NYD, all the time on my screen. Awesome, now, in terms
of what do you think are your specific strengths
when it comes to trading? The thing I can see
the patters quite well, I don’t know, it’s probably relation to helicopter charts or whatever, I’ve got no idea how,
but I see the patterns. For example, my first paper trade, I actually posted in the chatroom was actually updated from the triangle. So yeah, I kind of, I
know, I don’t know but, I know there will be something
happening in the near future if I see the pattern kinda that I like. I’m not right all the
time, of course, but– Yeah, welcome to the club. Yeah.
(laughs) And however, I don’t want to pride myself, but I’m right like about 80% of the time. I like those patterns but
I also like the panic buys. I’m not, panic buys I really do like, but I’m not right as often as in patterns, so I’m kinda trying to focus
on finding the triangles or wedges or obviously the
patterns that I really like. Okay, and quick clarification,
when he says panic buy, that is not a strategy
where he just panics and then randomly buys something. That is when other people are panicking, you take advantage of their panic and buy at a good spot. So that’s what he meant by panic buy, just something that is taught. But when he said that I though, you know, that might use a little clarification. That kinda made him
sound like he just does– Listeners don’t let Clay fool you, it’s whenever you’re feeling
panic, you mash the buy button. That’s how we do it here.
(laughs) Chaz is always blowing my cover. That is what it is, if you panic, buy! That’s the solution, that’s
what that strategy is. I have to just give you another, to kind of pride yourself as you said. You’re very good at taking losses as we’ve already spent a lot of time with. So, you know, sounds like
chart vision is awesome and you also are very
good at taking losses and, yeah, that’s great, keep it up. What about some things that
you still kind of recognize, or maybe that you need to work on? I don’t know if weakness
is the right word, or maybe it is a weakness, but what are some things that
you either wanna work at, or maybe some goals that you have going further into the future? I definitely would like to be better at entry
points, that’s for sure. If I see some pattern, doesn’t mean I’m gonna enter the trade. Thing is, sometimes I missed trades and the break out happens. So I would like to be
better with entry points, that’s for sure. That’s a weakness that I’ve
got to travel to overcome. What else, definitely,
I like to keep fresh the stuff that it’s enforced. So the fact that I’ve done
some robotic trading or RVR or good ole rich, which I really liked. Because I’ve done once, doesn’t mean that I’m gonna remember that in two, six, I don’t know, 12 months time. I like to keep it fresh. So whenever I go driving
somewhere, for example, I had to have a trip to Poland
for a funeral very recently, so robotic trading was actually playing in the background again. After, I don’t know, three months that I that course. Yeah, probably about three months. So I like to keep things fresh. I kind of don’t like to
allow myself to forget what I used to know. And yeah, so basically the
weaknesses are definitely the entry points. Sometimes I’m a little
bit frustrated with myself that I missed a trade that
would be going very, very well. And the strength is really to
keep my knowledge up to date all the time, I think. Right, and that’s a
good way to approach it and I assure you that, I missed a few entry points
today that I was very mad about, but that’s just called trading and you just gotta kinda keep
a clear head and move forward. So obviously, it’s been an absolute pleasure talking with you,
you define what beast mode is, in terms of kinda setting
your intentions and goals and kinda getting them done. So you keep staying on the path. It’s been a pleasure talking to you, but I do know the real
reason you came on today was to borrow my time machine and go back and give
yourself one piece of advice. Now the shipping is gonna
be a little bit much, but yeah, as long as you can, you’re gonna have to get
back in the helicopter and pick it up from port, ’cause it’s too much to cost trucking it. So if you can do that with a helicopter, you can borrow the time machine. Well, as long as it doesn’t
cost more than $150, I’m fine with it. All right.
(laughs) I love it. So yeah, basically, definitely
would like to go back to that high school day
and just start trading even small amounts. Obviously, educate first, and then basically start
trading right away. I wish I never forgot about
that day in high school, like, over 20 years ago I think. 20 years ago, yeah, that’s a long time. So, if you can take me 20 years back, that’s what I would do. Awesome, awesome, that’s good advice, and to echo the beast,
you’re definitely a beast, meant in every form of a compliment. And yeah, this was some good stuff. I’d like to keep going but
we’re at an hour already, so time flies. But let’s move into the,
do you still have time for some fun questions, or you gotta– Yeah, sure! Okay, excellent, excellent. I won’t ask all these questions
in my Scottish accent, as much as I really want to, I will keep it in my
broken English accent. What is your favorite movie? I’ve got really three favorite movies. I don’t know if that’s allowed. (laughs) What are they little lad? Okay, I broke my promise, I couldn’t. The way you said three was
straight out of Braveheart, the way he said three! It was.
(laughs) What are they, what are they? Right, so, definitely The Fugitive with Harrison Ford.
Harrison Ford, classic. Awesome. And second one would be, probably, Seven. Another good one. Morgan Freeman, Brad Pitt, yep, good one. And the third would be
probably Last of the Mohicans. That’s another classic, I can’t remember who’s in that one. Daniel Davis.
The soundtrack for that– Daniel Davis.
There we go, yeah! And the soundtrack for that one is pretty, that’s one that you probably wouldn’t want to listen to before you start trading, ’cause it would get you amped up and then you’re out there
panic buying everything. (laughs) Where you’re just smashing
that buy button like Chaz said. But, no, that’s a good list. Chaz, you’re up. So, in terms of foods and desserts, what are your favorites for those? I really like vegetarian food, sorry. (laughs) Yeah, so any kind of salad. I don’t know why, I’m just
this way, so vegetarian foods. I don’t like meat for some
reason, I don’t know why. Desserts, okay, I’ll go with cheesecake. What kinda cheesecake? I just had Cheesecake Factory. I was in Kansas City last week. Stopped in the Cheesecake Factory, they had Cinnabon cheesecake. So it was like a special, where they combined a
cinnamon role and cheesecake. It was fantastic. So what kinda cheesecake are you a fan of, or are you just good ole fashioned plain? Plain, but I do like with vanilla glazing, which is right in my local shop. So, okay, I spend a lot of money in there to get a cheesecake with vanilla glaze. Well, it sounds like you
have probably a budget item or a line item in your
budget for cheesecakes. Yes!
So I’m sure everything is, as long as it doesn’t cost more than $150, we’re good to go right?
That’s right, yeah. There we go.
And I have to say, that happened before. I spent more than $150 on cheesecake. No, not once slice of cheesecake! Not one, yeah, but it was all for me. I have to admit that happened before. (laughs) I mean, that sounds like it’s got diabetes written all over it, you
better be careful on that. Sounds great!
It sounds great, it does! Yeah, it does sounds
pretty good, but, awesome. All right, final question, three words and these three words need
to describe what you believe would be associated with
a successful trader, or what it takes to be
a successful trader. Yeah, probably those words
were mentioned before, but definitely discipline and mindset and the third, oh my God, I said consistency, yeah, definitely. And probably consistency
in your discipline would play a big role in it too. Oh, yeah, basically, so kind of, yeah. Yeah, I mean, I know what
you mean about consistency, you gotta be, but, I think a lot of times and I’m probably speaking to
myself more than anybody else, it’s just, hey, be
consistent in your discipline and it’s amazing how that
takes care of everything else, if you’re consistent in your discipline. But yeah, three good words for
sure, and a great discussion. And thank you for being
willing to do this, thank you for that email, and I’m glad we could get
this on the books now. But, yeah, Chaz, what’d you think? Thomash, the guy’s a beast. Thomash aka Beast Mode, yes sir. Absolutely is a pleasure. Yeah, Beast Mode for sure, and we know that you now have a mic, yeah, we’ll have to have you back. I’m not even gonna say that, we’re gonna ask to have you back, Chaz and I will probably just demand, hey, come back, talk to us some more, ’cause you got some good stuff going on. But Tom, thank you very much for taking time our of
your day and hanging out. Thank you very much guys, for having me. Yeah, it’s been a great time. Before we all go though, final few things, especially geared towards U.S. listeners. If you are listening
on the YouTube channel, be sure to check out
the rest of the channel. There’s a lot of other videos,
there’s live trade videos, there’s vlog videos,
there’s a variety of videos. So it’s not just these podcasts. So check out the remainder of the channel. And hopefully you decide to subscribe. If you’re listening to this on iTunes, or any of the other podcast players, please leave us a rating and subscribe. But particularly on iTunes, if you could leave us a
rating, that goes a long way and really helps us out
and we do appreciate it. And finally, if you’re
listening at on the show notes page,
click that share button. There is an area to leave comments, and if you do leave a comment,
we will gladly reply to you. And we truly try our best to
be as interactive as people, or with people if they’re
willing to reach out to us. So, thank you again to U.S.
listeners, thank you to Tom, thank you to our esteemed cohost Chaz. We will see you back, next week. (rock music) This has been the Stock
Trading Reality Podcast. Thanks for taking the time to hang out. To learn more about Clay and
the ClayTrader community, including the trading team, premium trading and more,


  • Reply Julian Pearson February 12, 2019 at 4:36 am

    What would be cool is if you had some of your scalping on the screen so we can watch as well

  • Reply RenewFocus February 14, 2019 at 2:42 am

    Criticism, even if it is constructive, is not always fun. However, it did help me to grow and mature.

  • Reply Atom Colider February 14, 2019 at 4:03 pm

    We love you, Clay & CHEZ.

  • Reply Atom Colider February 14, 2019 at 4:04 pm

    Tl, Trading & good Health,. Long live us.

  • Reply Atom Colider February 14, 2019 at 4:05 pm

    Let's trade. Happy Birthday.

  • Leave a Reply