The Bottom Line:
- Live trading video where Clay captures his real-time trades.
- Market opened and Clay prepares for trades.
- Clay offers a free ‘Big Basics of Options’ guide for beginners.
- Successful $100 scalp and ongoing trade adjustments.
- Discussion on loss control and trading strategies.
Capturing Real-Time Trades: A Live Trading Video with Clay
Live Trading Video Experience
hey it’s Clay at clay.com this will be a live trade video where I try to capture some of my trades as they play out live market just opened up right now so let’s let things uh take shape a little bit here going to try for a call here oh I think I was a little too slow we’ll see all right I will pause for now but I’ll keep an eye on I should know I am looking to do options if you don’t know what options are or maybe you’re intimidated by them just comment below option guide or option class and I’ll link you to a free classic put together called the Big B of Big Basics of options it’ll walk you through how they all work and they don’t need to be intimidating I know sometimes people make them very complicated and they can be made that way but they don’t have to be so if you like to approach things in more of a simple way uh that’s how I approach things so um like I said just comment down below option guide and I will link you to that all right I will pause the software for now and uh I’ll keep an eye on things and if an opportunity arises and I’ll uh I’ll get the the uh software recording all right I’m going to go for a put here at 40 and got to put here at 40 and out there for a nice $100 scalp very good nice start to the morning I will go ahead and I guess if you’re not familiar with my screen right there you would have seen a white order show up and then that turned green meaning I submitted the order it got filled and then for a while that order right there sat white meaning the order had been submitted to the market uh and then when it hit green uh that was where I was able to sell and then right there shows what I made on it the $100 and then I’m watching these numbers over here so when I uh I was watching this number I wanted to see that number go up to 41 and above and when it did that that’s when I uh was able to uh lock in my gain so there we go nice start to the morning I will pause and let’s see if I can get something else have an order at 4150 here for a [Music] call and 4154 a call all right I’ll pause have an order AT 3150 here in there at 3150 for a put and out for a very fast $50 move very good I will go ahead and pause have an order at 3650 that’s what I wanted shot down there didn’t fill me so I’m going to go to 3550 now so 3550 here for a call you know let’s do this let’s go 3470 and then I’m going to go for $80 instead of 50 so let’s see if we can get down there to 34 so the number I’m watching is that right there I don’t want to see this number drop down to about technically speaking it’ll have to go slightly below 3470 in order for that white to turn green meaning I was able to purchase so that’s what I’m watching closely we’ll see if it wants to come back down I’ll pause have an order at 770 just trying this price range out here much cheaper than what what I’ve been trading all right wanted it on that move didn’t come down so I’m going to go back and check out okay look at that power of charts right off that yellow line so I was trying didn’t quite have the entry point right but I’m not going to change strike prices so you’ll notice over here these prices are going to go up higher again what strike price what are you even talking about again comment below option guide and those are the things that I will walk you through all right I’ll pause have an order at 37 70 but it’s looking like 3720 might be a better entry point so let’s see if we can get 3720 in there at 3720 all right adjusting that a little bit now at this point so out there for $30 instead so didn’t get quite get and I don’t know if the Mike’s picked it up but that’s my daughter and here hanging out um but yeah went up a little bit too high so I needed to go into loss control mode but loss control mode does not always mean you’re going to take a loss uh in this situation I wanted $80 walked away with 30 um and yes in hindsight you’re right clay you would have been fine you’re right I would have been fine but uh that is hindsight and we’re all very good or at least I’m a very good Trader in hindsight um but yeah didn’t one that one didn’t work out had to go into lost control mode um but again lost control mode does not automatically mean you’ll be taken a loss sometimes um you you’ll still be able to walk away with uh with the green one as you saw there all right I’ll pause have an order at 3620 did not get filled so cancel that out I don’t know how I didn’t get filled there but I’m going to change strike prices here just look to play a break of that area now all right I’ll pause all right going to go for one here at 4070 and I got that that a put at 4070 I’m going doing good how are you doing well thought this was going to be a little bit of a back test before I continue down but as you’re seeing here that is uh that is not the case still going to give it some wigger room here all right so not a good trade there all right in at 36 here looking for a rejection here of this area [Music] [Music] and out there for $300 trade so that one worked out good got me back into the green which is nice but you know I think I’m I think I’m done and you you all have to hold me accountable but playing these little movements here cuz that was a plan all along is that level had been clearly an area of resistance came down here broke I thought okay it broke a little bit of a move upwards and then thinking it’d want to come back down but and I don’t know that’s why I need your help is that confirmation bias cuz it feels like it just seems like those ones rarely ever work where you break and you let it come up just a little bit and then as you saw there just snapped up against me and then when I waited for my original plan you know what let’s play the top part of this little pattern right here you saw me get a nice dollar move I was confident in it um hence me picking up those three contracts uh and it worked out fine but yeah I think I just got to be done with those it does I’m sure they work every now and then that’s why I did it but it just doesn’t seem like they work out that often at all all right I’ll pause have an order at 38 50 [Music] here for a put right I don’t like how it’s going I go to 37 70 instead all right I’ll pause all right going to go for one here at 3950 did not fill me all right I’m going to cancel that out I thought I was going to get filled right away when I put that order in okay I’ll pause have an order at 3850 I know this is Strike price are getting a little bit Goofy starting to tighten up a bit and let’s go yeah is a trade right should I maybe I should just be hopping in right now this is why trading is hard because when you look over here and there you see nothing I mean that’s hard when you look backwards and a hindsight oh yeah when you look to the left hindsight oh yeah it’s easy to say what you should have done but when you don’t know what’s coming next yeah it becomes a little bit more of a challenge has anybody else noticed that in my years of trading it seems like when you can look to the left and see what’s already happened into hindsight Things become a whole lot easier all right I’ll pause all right I’m going to go for an order out there at 39 actually 3870 3870 there we go [Music] look at that just sitting there if you scroll back you’ll notice my order was just sitting at 3870 would not fill and I don’t like those cuz those are ones where you if you do get filled then all of a sudden it shoots up against you so right now I would have been filled and to be fair it’s not shooting up against me but so I don’t know do I throw out the 3850 now all right I’m going to keep a close eye on it I’ll pause have an order at 3710 here I’m going go to 3650 now instead all right I’ll pause have an order at 40 wow this thing is just I might have to just be done this is a very hard fill all these now feel like if you’re going to get filled then it’s just going to roast you and go against you um I mean I do like the setup here but things are starting to feel very tricky ideally if it could come down to the five 10 11 Mark that yellow line that’d be great yeah it just seems Seems tricky all right I’ll pause and I will be honest right now I want to take this short same idea pulled back a little bit of a move upwards now does it continue down but I’m not going to do it definitely not in the same video so now here is the idea so here is one pulled back came back up so on that one where I was a loss I would have gotten filled right up around here is and then yeah came back down very nicely obviously the one I was in it didn’t do that I did one of these Maneuvers where it kind of came down and then went straight back up but so not this point it’s come up a lot more so this is a little bit different now so do I potentially take something up around there maybe I’ll pause have
Preparation for Market Opening: Clay’s Approach to Pre-Market Setup
Pre-Market Setup Strategy by Clay
I understand it’s a live trade video, and Clay is focusing on options trading. He emphasizes simplicity in approaching options and offers an Option Guide for beginners to understand the basics without intimidation.
Live Trade Execution and Reflection
Clay shares his market entry points and exits, highlighting his strategies for scalping profits and managing losses. He walks through trade examples, explaining how he navigates resistance levels and uses chart patterns to inform his decisions.
Challenges and Learning Moments
Throughout the trading session, Clay faces challenges with order fills and market conditions, leading him to reflect on his trading approach. He discusses the importance of sticking to his original plan, recognizing confirmation bias, and the need for adaptability in dynamic trading environments.
Free ‘Big Basics of Options’ Guide for Beginners by Clay
Clay’s Approach to Options Trading for Beginners
Clay offers a free comprehensive guide, the Big Basics of Options, to help beginners understand options trading without feeling intimidated. He emphasizes simplicity and encourages those interested to comment for access to the guide.
Live Trading Insights and Strategies
Clay executes live trades, focusing on capturing profits through scalping and managing losses effectively. He shares his market entry and exit points, explaining how he navigates resistance levels and uses chart patterns to inform his trading decisions.
Reflections on Challenges and Adaptability
Throughout the trading session, Clay faces challenges with order fills and market conditions, leading him to reflect on his approach. He discusses the importance of adhering to his original plan, recognizing biases like confirmation bias, and the need for adaptability in dynamic trading environments.
Achieving Successful $100 Scalp and Trade Adjustments
Lessons Learned from Live Trade Execution
Clay takes us through his trading decisions, emphasizing the importance of sticking to the original plan and adjusting strategies as needed. He showcases how he navigates market challenges and executes trades in real-time, highlighting key insights for successful trading.
Adapting to Market Conditions and Order Fills
Throughout the trading session, Clay faces obstacles such as challenging order fills and evolving market conditions. He reflects on the need for adaptability in response to changing scenarios, demonstrating how he manages trades effectively while staying resilient in a dynamic trading environment.
Scalping Profits and Loss Control Strategies
Clay shares his approaches to scalping profits and managing losses, providing valuable insights into his trading strategies. By showcasing how he navigates resistance levels and leverages chart patterns, Clay offers a glimpse into his trading mindset and techniques for achieving successful trades.
Effective Loss Control and Trading Strategies Explained
Dynamic Trading Strategies in Action
Clay demonstrates live trades, focusing on entry and exit points to capture profits efficiently. He adapts to market conditions and reflects on the importance of sticking to the original trading plan while remaining flexible and resilient.
Effective Risk Management and Trade Adjustments
Throughout the session, Clay faces challenges with order fills and market volatility, emphasizing the need for adaptability and quick decision-making. He shares insights on managing losses, adjusting strategies, and staying disciplined in response to changing trade scenarios.
Insights on Scalping Profits and Market Resilience
Clay showcases his approach to scalping profits and navigating resistance levels using chart patterns. By sharing his trading mindset and techniques, he provides valuable lessons on achieving successful trades and maintaining a resilient attitude in a dynamic trading environment.
