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 3.2 (10 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.

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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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100 Comments on "ClayTrader Review"

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Brian Fortin
Guest
Brian Fortin
Human beings are delusional creatures. We take our opinions from the herd and anchor to them, reacting with hostility when they are challenged. That doesn’t change when we enter the trading room. Most of us are pursuing a dream that doesn’t match reality. We want to be THAT guy with the Rolex, the man with eerie tape reading skills, nerves of steel, the skill to nurse a sick trade back to health rather than just closing it, and the ability to trade where we want, what we want, and when we want. Unfortunately, that’s all bullshit. None of this makes… Read more »
Jim
Guest
I have been in the inner circle of Clay’s room. There are a few people that appear to be able to trade. However, if you watch for more than a few months, you will notice that only a very few might have any ability at long term consistency. Clay pops trades he made up occasionally, or he claims to have made anyway. One of classes is supposed to have you manage your trade and go to “CEO mode”. However, Clay will then post a trade where he was in and out in 22 seconds. There is no “CEO Mode” there… Read more »
eric
Guest
Really i don’t see what all the hype is about his trading account? For people like myself that don’t have a clue about trading, we could care less. What is important is does his teachings work? Everyone in the the trading world seem to always get into who’s the best or who has more money etc. I really wish that you could just get straight advice, and honest knowledge that doesn’t require a bunch of money. I think it’s simple if any of these so called traders were so damn good they wouldn’t need to suck the little people dry.… Read more »
Nic
Guest

And when you see how much time and dedication it takes to teach someone a completely new craft, please update us on how your venture of free education to help your country is going

Ben
Guest

‘they’re waiting for you out there’ lol
Markets
Brokers
Educators
All geared for you to fail and spend more on the cycle!

Norse
Guest

I have taken a couple of Clay’s courses, and been a member for almost a year.
Claytrader, is not a signal service, Clay wants to teach you how and when to trade on your own.

So if claytrader.com is shut down, you’re still able to place quality trades on your own.
And thats what most traders should be looking for, a place to learn how to become and independent successfull trader.

Moppy
Guest

Clay regularly posts not only his winners but his losers as well….in the chat room. The winners far out weigh the losers. Maybe if you had test drove the product; you might had a chance at a fair review.

Clay does not say “what to play” but “what’s in play”. How you play it depends upon your personal strategy and risk-vs-reward tolerance.

Personally, i’ve paid for the courses I’ve taken a couple times over. Starting with a very small account.

Dave
Guest

How can you review something without even using it? This is like reviewing a car by looking at it through the dealership window. Also, the Inner Circle chat room is $99 a year, not per month. This is all absolutely pointless drivel…

Jay Em
Guest

If Emmett was a successful trader, I think he would of dropped the $99 for the annual IC membership. Kinda sad… Let me pay it for you. Reach me at Twitter if interested. @JayMaximusG

Jay Em
Guest

Just watched the video. I’m glad clay metaphorically slapped you and handed it to you as deserved. Checkout his free podcast and pay the $99 for Annual membership to even consider this review legitimate.

Oooga Boooga
Guest
Oooga Boooga

Oh my… please don’t be so full of fertilizer or you’ll end up burning my lawn. Keep your eye on the ball not on the 8.

Kaiser Soze
Guest
Kaiser Soze

Call me I have some ocean front land in Arizona I can sell you for cheap. You might be as dumb as clay, even dumber because you paid for his terrible DVD

Zen
Guest

I’m not sure why his trading matters. Suffice to say I was a member of IU for 1 month, and have been a member of ClayTrader for well over a year and counting, so read into it what you wish. Oh yeah, it’s 99.00 yearly, not monthly. He isn’t Nate ‘FleeceYourSubs’ Michaud.

Mike
Guest

Has anyone purchased any of his courses?
I’m looking for education. Really want to learn all about trading but 2g’s is steep!

Jackie
Guest

I have a handful of his courses and I honestly don’t care much for them. If you decide to purchase one of his course and there he goes over something he thinks you might not know, he will only refer you to buy his other courses, otherwise you’re on your own. I felt like his videos were fairly dry and the way he teaches isn’t the way he trades (if he trades at all).

nick
Guest

Emmet are you sure that he inner circle chat room is 99 usd per month and not per year?I have the impression that the subscription is on a yearly basis and it’s rather a chat room with members exchanging trading ideas than a trading room where “actual trades” take place.

John Doe
Guest

Clay has a youtube channel where he does live trading of mid-large cap stocks, he’s not very good. Couple hundred bucks or barely that. I would say he teaches because he is better a teaching than trading.

Kaiser Soze
Guest
Kaiser Soze

Keep up the good work Emmett. This is another guy that annoys the fuck out of me. He has NO BUSINESS in teaching people to trade. This guy is a middle class moron leading the other fat, beer-drinking morons into financial ruin. In some sense, youve gotta appreciate this asshole because he keeps bringing in the retail money so they can be skinned. Clay, if you read this, shave. Put on a shirt and lose some fucking weight.

Jay Em
Guest
Interesting comments. Maybe if you guys have been really successful in the markets, like you guys come off sounding like; you guys should consider “wasting” $99 louzy bucks on an annual membership to the IC. Names such as John Doe and ignorant comments like Kaiser Snooze You Lose give this review less credibility. The best $99 bucks I’ve spent (annual subscription) . In addition, Profit.ly is Tim Sykes’ site and I started trading because of Sykes using his puppet trading service for $100 a month; worst scumbag motherfucker ever. You guys outta put your money where your mouth is and… Read more »
Ben
Guest

Thanks for the comments.
I watch his youtube, he looks/sounds legit.
And yeah $99 per year is a good deal.. but there are a lot of free rooms.. and most of these rooms are full of noobs and is more noise then help IMO!

Anyway.. you just started and you feel you need to defend your purchase, I understand.. but come back in 6-12months and post your glowing comment then.

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