ClayTrader Review

Clay Trades
  • Honest
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
3

Summary

Tantalizingly close to being a recommended trading service based upon the honesty of the moderator. However, he refuses to disclose whether he even trades, whether he has an active trading account, what degree of success he trades, or whether he is using a simulated trading account, or an actual live account. Therefore, must pass.

Sending
User Rating 3.23 (13 votes)
Comments Rating 0 (0 reviews)
Pros: A nice guy. Humble. Website contains plenty of useful articles, is well maintained and visually impressive. Clay is honest about himself.
Cons: Clay refuses to verify that he trades. Refuses to verify the existence of a trading account. No track record. No proven history of trading success. Would like for us to believe that his products will lead to trading success on just trust alone.

Today’s review is ClayTrader, 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

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. 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.

Initial Observations Of Clay Trader

Clay Trader ReviewThe first thing that you notice about Clay Trader is how professional and clean the website looks. Everything is well organized, there are plenty of pictures of Clay, lots of nice professional graphics, some well produced videos of Clay, a link to a well visited You Tube channel, the website is not full of spelling errors (unlike my website), the grammer of written material is easy to read and very well written. Its all very impressive and really should be a model for just about anyone selling an internet product. However, the one thing I did not find was any information on the individual trading track record of Clay.

Searching For A Track Record

When evaluating a trading educator, and his/her offering of trading products, the most important piece of information is the following:

  1. Does the trading educator trade, and do they have a track record?
  2. Is the track record published, and can I verify that the track record is real?

These are the only two factors that matter. 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

During the months of January, March and April, I made numerous requests to Clay about his own trading performance. My requests started benign and usually began with, Hey Clay I want to purchase these products, but I just want to make sure your trading information is coming from a successful trader. I would get various responses from Clay, all very cordial and very well crafted. He would say things like, “This is a not a trade calling service” and “We are looking to teach people how to fish, not serve fish”.

My responses were also cordial. I would also say that I really want to send you $2,000 for all of your material, but I just need to verify that you trade. Is this really so outrageous? Clay wants me to send him $2,000 for his courses, and I am supposed to trust him.

During March and April, I turned up the heat a little bit. I next began to send cordial requests for trading performance using different email addresses, coming from different IP addresses. The purpose of this is attempt to see if the trading vendor will change the message, change the website, or respond in conflicting ways. I have to say, to much my chagrin, Clay stayed on message and responded exactly the same, over and over again, to many different personas. In addition to Clay staying on message and not attempting to bullshit me, I also followed his blog and read everything that he published into the trading community. I found Clay’s articles to be well written and helpful. In fact, one article that he published titled: 6 Multi Monitor Stock Trading Laptop Setups  I found to be especially helpful and I used to build a new trading computer.

I certainly do enjoy poking Clay Trader about not disclosing trading performance. However, I cannot poke any holes in his blog where he posts a whole host of very useful trading information. No specific trading advice, but lot of good advice in general. All well written, well researched, and certainly deserves a lot of credit.

Poking Clay, Until I Need To Be Slapped

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 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. 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 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 invest with him specificially because he has a track record. 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. Watch the video, and admittidly Clay makes a pretty good argument, unfortunately it probably works on the naive or those unable to process logical thought.

[fvplayer src=”” width=”560″ height=”315″]

What Annoys Me Most About This Video

The first 10 seconds of Clay’s video, he announces that anyone that does not agree with his logic, needs to be slapped. 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 rubes out there that purchase your trading products on just hopes and conversation?

Getting Closer To The Truth

On May 1st, I think that I might of 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 do believe that Clay is an honest guy. He puts a lot of hard work into his blog and there is absolutely no deception whatsoever. He is not on Profit.ly posting fake trades, like many others. 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. 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

Maybe, if enough of us, make enough noise then perhaps we can convince Clay into simply giving us a % 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 leave your comments below.

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101 Comments on "ClayTrader Review"

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milton
Guest
AGAIN i found this guy good ,over the years,again free vids and i purchased his vids 1/6 of the price. online from other info sellers.there okay no harm done. AND he appears too show his latest win loss statements. nothing fantastic but steady steady wins the race.Idont care about these gurus statements,my statement is the only one that counts. and thats staying a secrete.HE has a natural physiology aura about himself and projects it well in his vids.BUT no flash cars,maybe a house with kids and his wife.I find that too be another honest attribute.another way too learn just join… Read more »
Lim
Guest

I believed above review from ” Emmett Moore May 3, 2015″ is not truth at all. I just signed up the Clay Trader courses and chat room, if you have ever sign up the courses, and join the chart room, you will believed, he is a day trader and very knowledgeable. It is worth the money and time to invest our knowledge with Clay Trader ! – Lim

Pete
Guest
Good article on Clay from ClayTrader.com but there’s just one important clarification I’d like to add from my personal perspective. My hunch on Clay’s motivation with regards to teach for income instead of attracting customers with the old ‘I got RICH making trades with MY system and if YOU sign up You can TOO!’ – dime-a-dozen financial gurus out there is as follows: Since my late WW-II veteran Dad was a Stock broker for 50 years I think that I have an advantage as far as insight of the Wall street culture. I once asked Dad ‘what are the most… Read more »
billybob
Guest
I think Clay has developed a god complex. New guy joins the chat group and makes a mistake of sharing a trade mistake he made. Immediately, the IC ( inner circle) elite IC jump on his back telling him what to do. The new guy had a different opinion on what he should do with HIS trading account and then they all mocked him, calling him names, demanding he purchase the course, and if not, what is he doing here anyways. That went on for some time. Next morning in the chat room, new guy says ” good morning” and… Read more »
Ken P
Guest
Came across your site when looking for information on Clique fund. Thanks for the straight forward review and keeping me from wasting my time. Figure I’d weigh in on Claytrader as its were I started and made an actual investment into his university suite of courses. My experience with all of his service’s has been positive. In terms of real trades, its my opinion that all his Youtube videos are in fact real trades. I split my trading between TOS and Lightspeed. TOS allows a free paper trading account were Lightspeed does not. After a 2 week period, the demo… Read more »
Eric
Guest
I don’t believe Clay trades that much as he is busy promoting t-shirt style but I did get one of his option course. The cheap one. It was actually pretty good. He spends a lot of time using nice graphics and images. It is not a course where he is just talking with the same screen for the whole time. I won’t subscribe to his University for sure but for the lone course I got I can tell you that there is WAY WORSE out there. Where he really dropped the ball in his course is that in order to… Read more »
Mike M
Guest
After reading Clay Trader’s review on this site I went over to you tube and watched his live trading videos. I don’t know if his paid material is of any value because I have never paid for any. However, if his live trading videos are any indication of what he teaches the small retail trader then he is creating very bad habits that take losses and time to correct. He basically plays trades that gap and he will throw out orders most of the time against the gap and when it goes against him he will add to his position.… Read more »
dtchurn
Guest
I saw similar shenanigans in Ross of Warrior Trading’s room where he often did his “gap and go” “strategy”. Similarly he would edge out a small profit most days with his bogus trade calling without a dom and average down when the trade went against him. (then you wonder with all his small profits how could he claim on the site to make tens or hundreds of thousands just months later) The “other” red herring trader would supposedly “hold on” to a trade overnight and claim the next day he added to it and “got out” at positive where I… Read more »
DavidR
Guest
I was pretty neutral on Clay for awhile. He wasn’t trading what he preached to me for some time, but he never posted results. He sent out emails supposedly showing his February and March results. His “bad” February was 16 for 19 wins and his improved March was 21 for 23 wins. I did reply to his youtube. “If I recall right, you were always wanting people to “lose good”. You lost poorly. Your wins on average are far lower than your losses. In February, your big loss was almost double your best win. In March, once again you lost… Read more »
trader
Guest
This man portrays himself as a regular guy, but he is out to clean your last dime and give you nothing in return. If you watch his you tube videos of his live trades then you can see for yourself how dangerous his strategies are for new traders or anyone with a small account. He would short a gap stock and when it goes against him he claims that he is looking to build a larger position. Many times he is down six or seven times more than his net result when he closes his position for a marginal profit.… Read more »
Nilesh Sinha
Guest
Nilesh Sinha
Emmett, I think you should probably update your review. Clay verifies a trading account and his gains and losses… and yes they are not exorbitant… but I’d take that over much of the other hype. PS you’ve written some rather nasty but entertaining reviews of all the other traders, though some of the one’s you’ve propped up are kind of fraudulent so that and only that makes me question your motives… I don’t want to but you don’t exactly have a clean record… once a charlatan always a charlatan… PS I am not defending anyone… I just think nobody but… Read more »
Freshy
Guest

ClownTrader short stocks …period.

Billy Bob
Guest
I think Clay has developed a god complex. New guy joins the chat group and makes a mistake of sharing a trade mistake he made. Immediately, the IC ( inner circle) elite IC jump on his back telling him what to do. The new guy had a different opinion on what he should do with HIS trading account and then they all mocked him, calling him names, demanding he purchase the course, and if not, what is he doing here anyways. That went on for some time. Next morning in the chat room, new guy says ” good morning” and… Read more »
Wake
Guest
I am a member of Clay’s CTU. What he offers is real trading knowledge. As others have said… you can find trading information on the internet for free. The problem is weeding out the good information from the bad information. So… you can learn on your own for free. However, how long will it take you and how much is your time worth? The amount of information Clay provides with the CTU membership is enormous. Not only do you have access to all of his courses (past, present, and future) you also have access to “CTU only” videos (past, present,… Read more »
Pepe
Guest

Hey! I have barely started learning about trading. I was about to buy clay’s courses, but it meant too much money for me and here I have found many other reasons not to.
If any of you are still active I would apreciate some help here. I have tried to gather what’s essential and best to start learning from. Through out the comments there’s some books (great and thank you) but I’m also looking for forums or information sources that are reliable.
Claytrader is indeed one. But as discussed here, unless you pay (and even paying) you don’t get much.
Thanks in advance.

jim
Guest

Thank you so much for exposing this piece of shit garbage! I was watching his you tube videos and the website and wow those videos looked so convincing. I was ready too sign up right away. Of course I had too first do my due diligence and came too handy dandy trading schools. At no surprise, no track record! This asshole is major trash, think about how many newbies get sucked in with those promising you tube videos and blow thru there entire life savings thinking they can also do the same. Sad!

New Trader
Guest

So check out this video:

Well dodgy trade where he must have had big drawdown on 1000 shares on the second bar!

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