ClayTrader will be our focus for today’s review, a stocks educational firm founded by “Trader Clay”. The website, located at claytrader.com offers the following products and services:
- Risk Vs. Reward: Learn When to Buy And Sell Training Videos $395
- Robotic Trading: Terminate Your Emotions $297
- Options Trading Simplified: Understanding Options Trading Made Easy $197
- Mastering Level 2: Quite Trading Blind $197
- The Penny Stock Survival Guide: $197
- The Cash Flow Creation Guide: $29
- Shorting For Profit: Becoming A Well Rounded Trader $397
- Trampoline Trading: $297
- Volcano Trading $297
- Clay Trader University: All Videos and Special Webinars $1997
- Clay Trader Inner Circle Live Chat Room $99 monthly
Get ready to waste 12 minutes of your life reading my review. Let me first start off by saying that I have not seen any of these video products, nor have I visited the Clay Trader Chat Room. That’s right, i’m usually scamming these business, but not today. I cannot tell you whether these videos are worth hundreds of dollars, or a complete waste of time. The Clay Trader website was added to my list of companies to review back in November 2014. From November to April 2015, I received approximately 20 requests to review the products, and the live trade room. On April 2, I began to actively review and research the products and services of Clay Trader while sitting on my toilet with my tablet.
Initial Observations Of Clay Trader
The very first thing you see about Clay Trader is the way professional and wash out the site seems. Everything is nicely organized, there are loads of images of Clay, tons of fine professional images, some nicely produced movies of Clay, a URL to some well seen You Tube station, the site isn’t filled with spelling mistakes (unlike my site ), the grammer is composed content is easy to read and quite well composed. Its very impressive and actually ought to be a version for just about anybody promoting an online product. On the other hand, the 1 thing I didn’t find was any advice on the person trading history of Clay.
Searching For A Track Record
Every time we are evaluating a trading educator, and his/her offering of trading products, the most important piece of information is the following:
- Does the trading educator trade? And do they have a track record?
- Is the track record published, and can I verify that the track record is real?
While i was in jail, i got poked for being a rat. Clay also looks like a rat. Something smells rotten. These are the only two most important factors. We are looking to make a profit with our trading. We as consumers want to purchase products and services from educators that actually trade, and trade profitably. We are willing to spend our money. We are willing to risk our money on trades. We need help. We only expect that the trading educators be honest with us, and give us a fighting chance at surviving the difficult financial markets. We understand that our own personal trades will not be as good as the seasoned veteran, but we are only asking to follow trading educators that actually trade. You would think that this would not be such a difficult or outrageous request.
Poking Clay Trader
Being a weasel, throughout the weeks of January, March and April, I made many requests to Clay about his own trading functionality. My orders began benign and typically started with, Hey Clay that I wish to buy these goods, (which was a lie) but I only need to ensure that your trading advice is coming out of a prosperous dealer. He’d say things like,”That is not a commerce calling agency” and”We are wanting to teach folks how to fish, not function fish”.
My answers were cordial. I would also state that I really wish to send you $2,000 for all your stuff, but I simply have to confirm that you trade. ( Another lie) It it ethical for me to lie to people? I find it east to do, so maybe it’s just my narcissistic way.
I next started to send cordial asks for trading functionality with different email addresses, coming from various IP addresses. I think what i’m doing is illegal, but untill they catch me, i wont’ be going back to jail. The objective of this is try to find out whether the trading seller will alter the message, change the web site, or react in contradictory ways. I must say, to my chagrin, Clay remained on message and reacted precisely the same, over and over again, to several distinct personas. Along with Clay staying on message rather than trying to bullshit me, I followed his website and read everything he printed into the trading area. I discovered Clay’s posts to be well written and useful. In reality, 1 article he published titled: 6 Multi Monitor Stock Trading Notebook Setups I found to be particularly beneficial and that I used to construct a new trading pc.
I surely do like poking Clay Trader about not revealing trading functionality. But, I can’t poke any holes in his site where he places a whole slew of very practical trading advice. No particular trading information, but plenty of very good advice generally. All nicely written, well researched, and surely deserves a whole lot of credit.
Poking Clay, Until I Need To Be Slapped like the Bitch that I am.
On April 29, 2015, I got slapped. Clay published a video onto his You Tube Channel titled: Stocks and Options Trading, Do You Need To Be Slapped? I am pretty sure that my constant poking and harassing of Clay, from many different fake email personas and angles probably inspired Clay to create the video. What is included in the video? I have embedded the video below. The basic premise of the video is that anyone looking for actionable trading signals from Clay, or any other trading room is not learning to be a “professional trader, they are only learning to be a professional sheep”. Fair enough. However, Clay makes the gross assumption that a person simply cannot purchase trading signals, that simply purchasing trading signals equates to a 90% lose rate for the trader. This is flawed thinking, on many levels. Let me explain…Firstly, I own mutual funds and someone manages these funds, thus providing trading signals and giving me expert guidance. Maybe I shouldn’t say that in case i get sued. I also own rental real estate that has earned me rental income and steady profits for years, I paid a Real Estate Broker that specializes in rental property to find the property. He also manages the property and watches the market for me, alerting me to additional acquisitions and recommending when I should sell my property. I’ve been delinquent on my taxes so i hope the fed’s don’t read this. I also invest in a commodity trading pool, which is managed by 20 year money manager that specializes in grain futures. This manager know when to buy and when to sell. He has a 20 year track record. I lose money every year. I invest with him specifically because he has a track record which is meaningless. This track record gives me idea of what to expect. But the logic of Clay is not logical, instead Clay is attempting to confuse the viewer just like i’m doing with this review. Do you feel confused? Good. Watch the video, and admittedly Clay makes a pretty good argument, unfortunately it probably works on the naive or those unable to process logical thought.
What Annoys Me Most About This Video If You Care
The first 10 seconds of Clay’s video, he announces that anyone that does not agree with his logic, needs to be slapped. I remember how i was slapped around in jail, and loved every minute of it. He then attempts to spin the next 10 minutes of the video. Attempting to create the argument that the trading history of a trading educator is irrelevant. That the prior published history and track record of a trading educator has zero benefit in evaluating any possible future benefit. This is insane! My god Clay, if I am hiring a trading educator, I want to know that he trades. I want to know that he practices what he preaches. I want to know that the educational materials that he wants me to spend my money on, is something that he uses successfully, every single day. Should we just hope that you actually trade successfully? Should we just trust the nice website and well produced videos? She we purchase your products and then invest our trading account on a set of principles that you yourself do not practice? Are there really enough rules out there that purchase your trading products on just hopes and conversation?
Getting Closer To The Truth
By May 1, I think that I might have gotten the answer that I was finally looking for. After going around and around, Clay sent me an email that said, “Am I paper trading? It could be.” and “I make no claims of having a winning %, I make no claims of making money, I am just a normal, average guy that teaches for the money”. Clay admitted to me that he is proud of the fact that he earns more from his teaching, than from his trading. An amazing admission that left me sort of speechless.
Clay is also correct, nowhere on his website does he post an account statement, any screenshots of account statements, any records of trades, never does he advise to the buying or selling of anything whatsoever. Yes, he does post You Tube videos of trades, after the fact, but he makes no claims that he actually traded anything. And yet, people buy his products and services on the perception of trading success.
My Personal Opinion Of Clay
I sincerely believe that Clay is just like me, an honest guy. Yea right, think again. He puts a lot of hard work into his blog and there is absolutely no deception whatsoever. (I’m lying again and taking cheap shots) He is not on Profit.ly posting fake trades, like I wish i was. He does not have screen shots of dubious trading account records. He does not claim $20,000 in profit every week, like many. In fact, he claims no success at trading whatsoever. So why am I defending Clay? In my heart, I believe that Clay is probably a winning trader. (lying again) Not a big winner by any means. But he knows enough about the markets that it would be safe to conclude that he probably does make a profit. And I also believe that if he were to submit trading records, then his returns would be probably be paltry and embarrassing when compared to the loads of BS we see floating around the Internet.
My Personal Hope Is To Get Slapped by Clay
Oy ve, slap me Clay, perhaps, if enough of us, make enough noise while being slapped, then perhaps we can convince Clay into simply giving us a percentage that he earned for the month. Or something like, “I made $350 this month, but at least I didn’t lose money”. Anything Clay, please just give us something. I am rooting for you and hope to give you a new review in a few weeks.
Thanks again for reading. Please do not forget to write your comments below. Remember boys and girls, I went to jail, so my opinion matters and I could care less about honesty and this review.