I want to show you and talk about
my day trading desktop monitor, and how it's all set up,
and offer you a how-to guide for how you need to
set up your monitors and your whole display.
And I get it, there's a variety of trading stations
and trading, you know, platforms out there that you can use.
I mean I get it, on social media
you can see some with 15 monitors.
And there's some cool looking stuff,
but I want to show you mine, and then like I said,
walk you through a step-by-step guide
on really how you should approach it
to make sure that you're not overwhelming yourself,
or just flat out wasting money
because you're getting way more than
what your brain can actually process,
and I'll get to more of that here in a second.
So the first thing that I want to point out here,
if you wanna, is, people have asked,
so this is actually, I would highly recommend this,
and not necessarily have it be motorized
but this is a motorized standing desk,
so it will go from sitting to standing,
and I would definitely recommend standing at,
when I use to sit all day, my back was all jacked up.
But ever since going to standing,
it's really helped out quite a bit.
But that doesn't really have
anything to do with the monitors here.
But just an FYI, standing is the way to go.
So step number one in the guide to get your
desktop, monitors, all that set up is,
and be honest with yourself here,
how much can you actually handle?
What can your mind actually process?
And you need to come up with a number
in terms of, in my case with stocks,
how many stocks can you actually watch at the same time.
I get it, you see things,
and there is charts and stocks all over the place,
but I mean, how much is that trader actually being able
to comprehend what they're looking at?
So that's really what you need to start with.
And for me, my number is three.
I can give a good amount of focus to three stocks at a time.
If you can do 30, hey that's awesome,
your brain power is a lot better than mine.
So with that in mind, that is why,
if you want to come in here Nate,
on my monitor here, you will see,
now for those of you that watch my live trade videos,
this should look very very familiar.
Ah yes, I did take a loss on the day, it happens.
Over here what you never see on the screen though
is the scanner, which just shows me
where the highs and lows are.
Up here we have stocks from zero to ten dollars,
that's anything above ten dollars,
and those would be anything below one dollar.
Here we have where things get halted,
and then up here you have just the risers and fallers,
I've done videos on that.
Right there you have account summary type stuff,
and then you just have all the general things,
and then of course I've done a video on that,
always gotta know where the SPY is doing
and what it's doing, so that's why it's front and center.
But this is, you know, stock number one.
Now this right here is the two minute time frame,
and then up here, same exact ticker.
So right now we're looking at ZS.
So ZS two minute time frame, ZS one minute time frame.
So that's, remember, stock number one.
But I told myself, my brain can process three.
So what you have over here then, is two different stocks.
One minute time frames, we have Boeing, and ROKU.
But I'm always changing these in and out.
But my main focus, the monitor that I'm looking at,
has three stocks,
because that's what I can really comprehend.
ZS, ROKU, and Boeing.
And again, just to reiterate, these are always changing
every day depending on what's going on.
Now step number two here in the process is,
okay well, how many can I kind of manage as a whole?
So we have super good focus to well, kind of.
And for me, that number is five,
meaning yeah, I'm okay if I add in two more.
So with that being said,
let me show you what's on my other monitor over here.
And over here on this monitor,
so that would be to the right.
Actually Nate, do you want to go back to this one?
As an FYI, as far as my entire monitor,
that right there is just Nate and I.
That's Slack right there, that's how we communicate.
But shifting back over to the right,
this is where you have a variety of other things.
But the main thing to focus on here
is I do have two more ticker symbols.
ARNA right now, and MRNA,
once again, one minute time frames.
Now notice where they're at.
They're way over here,
and my main focus is usually right there.
Because really, yeah I can track five,
but these are just the eh, kind of ones.
So I don't put those front and center
because I mean, I can't really track those anyways.
But still, if I have a chance and turn my head,
look over here, then at that point it gives my mind a rest,
take a look at something else.
So in total, I'm tracking five stocks,
but in order, remember just focus on step one.
Be realistic with yourself,
and then step two is all right, well how many more can I
potentially add, and then you get those added in here.
Now as far as everything else is concerned,
here we have watch lists.
Now this is empty because I'm not doing any shopping
right now for my retirement portfolios,
but if I want to keep my eye on something for an investment,
or any sort of really watch list,
and then I have plenty of room for that.
But up here I always have my tried and true things.
You have the SYP, you have you know, gold, oil,
the U.S. dollar, and then some other ETFs out there.
And this is where things get important,
because over here we have the SPY five minute.
So this never changes.
So that is always the same.
And then over here we have the main set-up.
So over on the main monitor, we have ZS right now,
that's what I'm watching here,
and this is the ZS timeframe.
So just to go through the time frames,
we have the two minute ZS, we have the one minute of ZS.
Now over here, we have the five minute of ZS,
we have the 15 minute of ZS, we have the 30 minute of ZS,
we have the 60 minute of ZS, and we have the daily of ZS.
So this is what is known as multiple timeframe analysis,
and I can change that to whatever I want.
So just for example's sake, let's say I want to watch,
oh I don't know, let's just say Apple all of a sudden.
So Apple you can see over here now, populates.
And now these are all Apple charts.
So that is just the one thing to keep in mind,
and my charts are not linked so there we go,
so now we're looking at Apple.
So that is how that second monitor works.
And then step number three is one of the most important ones
because this is where you're either deciding
how much money stays in your pocket, or goes out.
And there's a reason why those
first two steps are very important because,
assuming you're being honest with yourself,
and you say you know what, my number's just like you, Clay.
I can do about five with three primary candidates.
Well then you, a couple monitors would be perfectly fine.
You don't need to go out there and get a bunch of 'em.
And what I see way too often, I mean it makes sense,
because it's cool, but traders do the reverse,
meaning they start with step three and they're just like,
I'm gonna get five monitors.
And then they figure out well geeze, I can barely keep,
I mean I can't keep track of
all these things that I'm watching.
And then they end up spending way more money on monitors
that they could have put into their trading account,
or you know, invested in education in the first place.
So this is very important,
do not start at step three
and just go out there and start buying monitors.
You gotta go how many main focus ones can I handle,
and then how many secondary ones,
how many kinda eh, I can kind of focus on them.
And then you get to step three,
where you focus on the monitors.
Now I do have four monitors, and just 'cause
I know people are curious, I'll walk you through
the rest of what's on 'em.
So Nate, over here we have,
so this is now to the left of that main monitor.
We have the inner circle chat room,
which is the community that I offer,
so I have that right there, 'cause this serves as a scanner
where I can you know, be looking here,
actually let me go to the trade,
right now I have the lounge open, so let me go to that.
There we go.
So right here we have the alerts coming in.
So I can, hey look, Annette Wilson showed up.
Anyways, I can have the alerts right here,
so it's a slight, slight, slight turn of my head,
and I'm getting those alerts
that I can quickly look over here.
And then we just have, this is all business,
this is all you know, ClayTrader.com you know,
how to keep the business rolling.
So right now, I have all these tabs up here
with a variety of things, but right now, you know,
just looking at, I must have just been doing something,
deleting out a bunch of spamming comments,
'cause I'm on the spam page.
But anyways, so here's just where I do the YouTube comments.
On that note, leave a comment below,
and I will reply 'cause this is
literally one of the tabs I have.
And then over here on this monitor,
again just more business stuff,
we have Twitter, we have our ticketing system,
so if you have questions or comments, that'll be submitted.
So that's where I focus on customer service.
All right nice, somebody's asking about the program,
there we go.
And then up here we have just a link to the site,
so if I need to link somebody to a certain video,
you know Stocktwits up there, Facebook page,
and then over here we just have,
and I'll be perfectly honest,
I don't need all these monitors
because yes, I use this area over here but,
I mean not really, it just kinda, it is what it is.
I'm just trying to fill up space.
So could I probably even get away with three monitors?
Yeah, I probably could.
But over here, just more randomness, you know.
So here's LinkedIn right here, and then I have other tabs
up here, including Dominoes because we like to eat Dominoes.
So you know what, why not get the pizza delivery
thing mapped out, or you know, documented right there.
But in all actuality, this is all kind of just wasted space
that I don't need, but I just have right there.
I hope this helps for when you're looking up
map out structure, your monitor setup,
and how you want to have things laid out.
But please just go through the steps in the right way,
and don't go out there in thinking that you need
a ton of monitors, because that's just gonna lead you
to probably spending way more money than you needed to.
And like I said earlier, that's money
that you could be using for your trading account,
that's money that you could be
using to invest in your education.
So don't go out there and get way far ahead of yourself
because as cool as those social media things
are that you'll see out there,
you know, that, most of the time,
if those traders are being honest with themselves,
I highly doubt that they're actually able to
see and analyze everything in a high amount of focus,
compared to just my setup where you know,
yeah let's focus on three,
and then we'll keep two secondary ones.
But if you have any questions or comments or anything,
leave those down below, I will ask,
or as I pointed out, I read comments, I reply to those,
and I'd be happy to answer anything you have.
If you do have any suggestions for other types
of videos like this, kind of vlog style, then let me know,
I love to hear from you as listeners.
If you enjoyed the video, a quick way to communicate
that to me and you know, encourage me to keep on
making these and let me know hey Clay, please keep
making these styles, is to just to hit that like button,
and also check out the channel as a whole,
and hopefully you decide to
hit that red subscribe button and become a subscriber.
I'd love to have you part of the channel.
But hopefully this helps, and yeah, go through
that guide step by step, do it in that order,
be honest with yourself, and you're gonna go about this
in a very cost-efficient way.
First off, thanks so much for watching the entire video.
Real quick before you go, I want to invite you to a
live webinar, web class, training, workshop, online event.
Whatever you want to call it, but it will be me live
revealing to you what I've discovered that has allowed me
to transform myself from being an employee
to being my own boss, including how I had
only one losing day out of 73 days in total.
I'm going to cover three keys that have helped me
unlock profitable consistency within the markets.
The first key is super weird,
but in a productive type of way.
The second key is super awesome because it quite literally
is wired into our DNA as humans, making it very easy to use.
But in a cruel way, this becomes a pitfall for many traders.
I'll explain it all though, including how to
avoid the pitfall that it creates for some.
And yeah, the third key, when you hear it,
sounds way too good to be true, but it's not,
and I'll show you how it all works.
Then at the end, I open it up for
a question and answer session that is, again, totally live.
Even if you can't make the live session,
please still sign up as it will be recorded,
and you can go back and watch
the replay that I will send you.
Click the image on the screen
or click the link down in the description box
so you can get the date and time and claim your spot,
which I should note is limited due to
the fact that this truly is a live event.
If you have any questions, let me know.
If not, I'll be seeing you soon.