PODCAST · business
Stock Trading for Beginners
by Tyler Stokes
Welcome to "Stock Trading for Beginners," hosted by Tyler Stokes of StokesTrades.com. This podcast is a real-time chronicle of my journey in stock trading, focusing on a low-stress, momentum-based strategy that fits busy schedules. As I share my experiences, from a 144% portfolio gain in 6 months, to lessons learned over two years, I invite you to learn alongside me, exploring the triumphs and challenges of becoming a proficient trader.In "Stock Trading for Beginners," you’ll get an authentic, behind-the-scenes look at what it takes to succeed in stock trading. Each episode breaks down complex concepts into beginner-friendly lessons, emphasizing practical strategies that don’t require hours of daily market monitoring. From choosing a strategy that suits your lifestyle to mastering risk management and market dynamics, this podcast covers it all.What sets this podcast apart is its focus on real-world trading experience tailored for beginners. As a seasone
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Why Technical Analysis Feels So Confusing at First
Welcome to the Stock Trading for Beginners Podcast!In this episode, we break down why technical analysis feels so confusing at first — and how to simplify it.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.A lot of beginner traders feel overwhelmed when they first start learning charts.Too many indicators.Too many strategies.Too many opinions.And the more they try to learn, the more confusing it can feel.But a big reason for that is because most people approach technical analysis the wrong way.They look for certainty.When in reality, trading is about probabilities.This episode walks through a much simpler way to think about technical analysis so charts start to feel more clear, more structured, and a lot less overwhelming.What We Cover:Why Technical Analysis Feels OverwhelmingMost beginners try to learn everything at once:IndicatorsPatternsStrategiesSignalsPredictionsBut more information does not always create more clarity.A lot of the confusion comes from trying to find certainty in a market that is built on probabilities.The Shift From Certainty → ProbabilityTechnical analysis is not about knowing exactly what will happen next.It’s about identifying higher-probability areas on the chart.Support: Areas where buyers are more likely to step in.Resistance: Areas where sellers are more likely to step in.Once you start thinking in probabilities instead of predictions, charts become much easier to understand.Why Structure Comes Before ToolsBefore adding indicators, you first need to understand the structure of the chart itself.Ask:Is the chart bullish?Bearish?Ranging?Making higher highs and higher lows?Making lower highs and lower lows?Without structure, indicators usually create more confusion instead of more clarity.Why Support & Resistance Simplifies EverythingSupport and resistance gives you the “map” of the chart.Instead of trying to predict every move, you start identifying:Better locationsWorse locationsHigher-probability areasCalmer entriesThis is the core idea behind the framework:Only buy support. Be cautious at resistance.How To Actually Use Technical IndicatorsMost beginners add too many indicators too quickly.But indicators should support the chart — not replace basic chart reading.The better approach:Read structure firstIdentify support/resistanceThen layer tools for confirmationExamples include:Moving averagesFibonacci retracementsIchimoku CloudGann SquaresThis is where confluence comes from:Multiple tools lining up in the same area.Why Experience Matters So MuchSome parts of chart reading cannot just be memorized.They need to be experienced.The more charts you watch:The more obvious support becomesThe more obvious resistance becomesThe more you recognize bullish vs bearish structureThe more confidence you buildSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Why Support & Resistance Actually Works (Most Traders Don’t Understand This)
Welcome to the Stock Trading for Beginners Podcast!In this episode, we break down one of the most commonly used concepts in trading — but also one of the most misunderstood.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.A lot of traders can draw support and resistance on a chart…But far fewer actually understand why price reacts at those levels.Why does price bounce at support?Why does it get rejected at resistance?And why do these same zones keep showing up over and over again?Once you understand what’s happening behind the scenes, support and resistance stops feeling random — and starts becoming one of the most powerful tools in your trading.Support and resistance is not just about drawing lines…It’s about understanding behavior, order flow, and probability.This episode breaks down what’s actually happening behind those levels — and how to start using them in a more structured way.What We Cover:Why Markets Remember Key PricesCharts aren’t random. When price reacts strongly at a level, traders remember it. Previous highs, lows, and key zones often act as future support or resistance.Why Support & Resistance Are Zones (Not Lines)Price rarely reacts at one exact number. These levels are areas where buying or selling pressure tends to show up — not perfect lines.What’s Actually Happening Behind the ScenesSupport and resistance work because orders cluster in these areas.At resistance:Traders take profitsNew sellers enterShort sellers may step inAt support:Buyers step inTraders look for entriesShort sellers cover positionsThis clustering of orders is what causes price to react.The Role of Trader PsychologySupport and resistance also work because traders believe they work.When enough people watch the same levels, their actions reinforce the reaction. This creates a self-fulfilling effect in the market.Why Institutions Use These Levels TooThese zones aren’t just for retail traders.Institutions look for liquidity — and support/resistance levels are where large amounts of orders tend to sit. That’s why reactions can be stronger in these areas.The Core Rule: Only Buy SupportIf you buy at resistance, you are often entering where others are selling.If you buy at support, you are entering where buyers are more likely to step in.It doesn’t guarantee a winning trade — but it puts probability in your favor.A Simple Entry FrameworkBefore entering a trade, ask:Is price near support or resistance?Is the overall structure bullish?Is there confluence (multiple signals lining up)?If not, it’s usually better to wait.TakeawaySupport and resistance works because:Markets remember important pricesOrders cluster in key areasTrader behavior reinforces reactionsInstitutions use these zones tooWhen you understand this, you stop guessing…And start making more structured, higher-probability decisions.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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I Was Overwhelmed by Trading... Until I Learned This Simple Framework
Welcome to season 4, episode 16 of the Stock Trading for Beginners Podcast!In this episode, we do something a little different.Instead of breaking down charts or strategies, we walk through the story behind Momentum Trading Alliance — and how I went from feeling overwhelmed and confused… to building a simple, low-stress, rules-based framework for trading.Because what most beginners don’t realize is this:You don’t need more indicators, more strategies, or more information.You need a better process.If you’ve ever felt stuck, overwhelmed, or unsure where to actually buy a stock — this episode will likely resonate with you.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Most beginner traders struggle not because they aren’t learning...But because they don’t have a clear, repeatable framework to apply what they’ve learned.This episode breaks down the key turning points that led to building a simpler, more structured approach to trading.What We Cover:Why More Information Actually Makes Trading HarderMost beginners think they need more indicators and strategies. In reality, too much information creates confusion and makes it harder to make clear decisions on a chart.Why Most Trading Styles Don’t Fit Real LifeMany traders are drawn to fast-paced, high-stress trading styles that don’t match their schedule or personality. This often leads to burnout, inconsistency, and emotional decisions.The Shift From “What to Buy” to “Where to Buy”One of the biggest breakthroughs is realizing that success in trading comes down to location on the chart — not just the stock itself. Buying at support vs resistance changes everything.Why Most Losses Come From Bad EntriesLosses are often caused by poor location, emotional decisions, and lack of structure — not because the trader picked a bad stock or needed more tools.The Core Rule: Buy Support, Not ResistanceThe foundation of the Momentum Trading Alliance framework is simple:Focus on support zonesAvoid resistanceUse confluenceRespect structureBe patientHow a Strategy Becomes Actually UsefulA strategy only works if it’s simple enough to follow, flexible enough to fit different lifestyles, and clear enough to apply consistently.Why Confidence Comes From ClarityThe real test of any framework is whether other traders can learn it, apply it, and feel more confident making decisions on real charts.The Bigger Mission Behind Momentum Trading AllianceTrading doesn’t need to be stressful, chaotic, or a full-time job.With the right process, it can be a calm, structured way to manage part of your portfolio and make better long-term decisions.TakeawayMost beginner traders go through the same journey:They start overwhelmedThey chase complexityThey try strategies that don’t fit their lifeThey struggle with entries and emotionsBut the breakthrough comes when you simplify.A clear framework built around:SupportStructureConfluenceAnd patience…is what turSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Why Most Traders Bought the Top (And Why This Market Might Be Different Now)
Welcome to season 4, episode 15 of the Stock Trading for Beginners Podcast!In this episode, we break down one of the biggest mistakes beginner traders make — buying stocks at the worst possible time.What’s interesting is… it doesn’t feel like a mistake when you’re doing it.It feels like momentum is strong. It feels like you’re about to catch a big move. It feels like if you don’t get in now, you’ll miss out.But more often than not, that’s exactly where the pullback starts.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.This episode is especially important right now, because many traders bought into strength in late 2025… while today, in April 2026, many of those same stocks are sitting in support zones and starting to stabilize.This is where the shift happens.We don’t want to get bullish at resistance.We want to get bullish at support.Most losses don’t come from picking the wrong stock.They come from entering at the wrong place on the chart.This episode breaks down why traders chase price, how resistance and support actually work, and how to approach the current market with a calmer, more structured mindset.What We Cover:Why Traders Keep Buying the TopWhen stocks move quickly, emotion takes over. Urgency, excitement, and fear of missing out lead traders to enter too late — often right into resistance zones where pullbacks are likely.What Resistance Actually MeansResistance is where selling pressure increases. Earlier buyers take profits, new sellers step in, and price often pauses or reverses. Buying here increases risk and lowers your probability of success.Why Support Is the Better Entry ZoneSupport is where buyers are more likely to step in. When price pulls back into support, the risk-to-reward improves and the probability of continuation increases.Why the Current Market Is DifferentIn late 2025, many stocks were extended and trading near resistance. Today, many of those same stocks have pulled back into support, are consolidating, and may be starting to stabilize.This creates a completely different environment for entries.Change of Character and Early Trend ShiftsA change of character is often the first sign that a downtrend may be weakening. When combined with support and confirmation, it can signal that the market is transitioning into a new uptrend phase.Why Backtests Matter More Than BreakoutsStrong moves often happen after a breakout, not during it. Waiting for a pullback into support (a backtest) can lead to calmer, lower-risk entries instead of chasing momentum.A Simple Entry FrameworkBefore entering a trade, ask:Is the overall structure bullish?Is price near support? s there confluence?Are we seeing a potential change of character?If not, it may be better to wait.TakeawayMost beginners buy at the wrong time for three simple reasons:They chase price after a big moveThey don’t recognize resistanceThey enter without a clear frameworkBut in the current market, the opportunity is shifting.Many stocks that were overextendeSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Has the Market Bottomed? (BOS vs CHOCH Explained)
Welcome to season 4, episode 14 of the Stock Trading for Beginners Podcast!In this episode, we break down two core concepts in technical analysis — Break of Structure (BOS) and Change of Character (CHOCH).These are simple ideas, but they play a major role in helping you understand whether a trend is continuing or starting to reverse.Given the current market conditions, this is especially important. We’ve been in a downtrend for months, and many traders are now asking: have we bottomed, or is there more downside?Understanding these concepts can help you read charts with more clarity and confidence.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingOne of the biggest challenges for beginner traders is not knowing how to read market structure.They see price moving, but they don’t have a clear framework to understand what the chart is actually telling them.This episode simplifies that process by focusing on how trends form, how they continue, and how they potentially change.What We Cover:Market Structure BasicsEvery chart is built on four simple ideas:Higher Highs (HH)Higher Lows (HL)Lower Highs (LH)Lower Lows (LL)An uptrend is a series of higher highs and higher lows.A downtrend is a series of lower highs and lower lows.Once you understand this, everything else becomes easier.What a Break of Structure (BOS) MeansA Break of Structure happens when price breaks a previous level in the direction of the trend.In an uptrend, this means breaking above a previous high.In a downtrend, it means breaking below a previous low.This signals continuation — the trend is still intact and momentum is still strong.What a Change of Character (CHOCH) SignalsA Change of Character is the first sign that a trend might be weakening.It happens when price breaks structure in the opposite direction of the current trend.For example, in a downtrend, if price breaks above a lower high, that’s a CHOCH.It doesn’t guarantee a reversal, but it’s an early warning that something may be changing.How BOS and CHOCH Work TogetherThe real value comes from combining these two concepts.A typical reversal may look like this:A stock is in a downtrendPrice breaks above a lower high (CHOCH)Price pulls back and forms a higher lowPrice breaks higher again (BOS)This sequence provides stronger confirmation that the trend is shifting from bearish to bullish.Why This Matters Right NowWith the market recently holding support, many charts are starting to show early signs of potential trend changes.Seeing a CHOCH followed by a BOS can help build confidence that a bottom may be forming.This allows for more structured and less emotional entries.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Why Most Traders Buy at the Wrong Time (And Lose Money)
Welcome to season 4, episode 13 of the Stock Trading for Beginners Podcast!In this episode, we talk about one of the biggest reasons beginner traders lose money — and surprisingly, it’s not always because the stock itself was a bad investment.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Most losses happen because traders enter at the wrong place on the chart.They buy after the move has already happened, often near resistance, instead of waiting for a lower-risk entry near support.This episode breaks down why that happens, what support and resistance actually mean, and how a more patient, structured approach can improve your entries.What We Cover:Why Beginners Buy at the Wrong TimeMany traders buy after a stock has already run up. Momentum looks strong, people are talking about it, and fear of missing out kicks in. The result is often buying near resistance — just before a pullback.What Resistance Actually IsA resistance zone is an area where sellers tend to step in. Earlier buyers may take profits, short sellers may enter, and price often pauses or retraces. If you don’t know how to read charts, it’s easy to buy right into that zone.Why Support Is DifferentSupport is an area where buyers have stepped in before and are more likely to step in again. When price pulls back into support, the probability of stabilization and continuation is much higher.Why the Best Trades Often Happen After PullbacksWith this strategy, the higher-probability entries usually happen after a stock retraces into support — not after a breakout has already run. If you miss the breakout, patience is often the better decision.The Role of ConfluenceSupport is rarely just one exact price. It’s usually a zone where multiple signals line up, such as previous resistance flipping to support, moving averages, Fibonacci levels, the Ichimoku Cloud, or Gann levels. When several tools align, probability increases.A Simple Entry ChecklistBefore entering a trade, ask:Is the overall market structure bullish?Is price near support?Is there confluence suggesting buyers will step in?If not, it may be better to move on and wait for a better setup.TakeawayMost beginners buy at the wrong time for three simple reasons:They chase price after a big moveThey don’t recognize resistance zonesThey enter without a clear frameworkWhen you start focusing on bullish structure, support zones, and confluence, trading becomes more systematic, less emotional, and much easier to manage.See you in the next episode. 📈Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Should You Really Be Using a Stop-Loss?
Welcome to season 4, episode 12 of the Stock Trading for Beginners Podcast!In this episode, we answer a question that’s been coming up frequently inside the group:Should I be using a stop-loss?Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.The honest answer inside the Momentum Trading Alliance framework is: it depends.Not on the strategy — but on how you are executing the strategy.This is where the Trading Avatar system becomes critical.What We Cover:Stop-Losses Are a Tool — Not a RuleStop-losses aren’t right or wrong. They’re simply a risk management tool. The real question is whether that tool fits your trading identity.Avatar 1: The Active TraderFor active traders, stop-losses are often appropriate and recommended.This avatar:Trades more frequentlyManages lower timeframesTakes profits soonerPrefers tighter risk controlIn this context, stop-losses:Define risk before entryPrevent short-term trades from becoming long-term holdsEnforce disciplineLimit emotional “hope holding”Stops should always be structure-based — not emotional.Avatars 2 & 3: Swing & Momentum TradersFor higher timeframe traders, stop-losses are not the primary risk management tool.These avatars:Trade bullish weekly structureEnter at support with confluenceExpect normal pullbacksUse small, incremental position sizingTight stops often work against this approach. In bullish markets, price frequently dips into support before continuing higher. A tight stop can remove you from a valid trend.Instead, risk is managed through:Proper position sizingStructure-based invalidationPatienceConsistencyExits happen when structure breaks — not simply because price moves temporarily against you.The Real Issue: Mixing StylesProblems arise when traders mix avatars.Entering like a momentum trader but exiting like an active trader creates inconsistency and stress. Risk management must match execution style.Both approaches work. What matters is alignment.TakeawayIf you’re confused about stop-losses, it’s likely not a strategy issue — it’s an identity issue.Once you define your trading avatar, risk management decisions become clearer and emotions decrease.For deeper training on avatars, structure, and execution, join our free Skool community above.See you in the next episode. 📈Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Scaling In & Out - How Momentum Traders Actually Build Positions
Welcome to season 4, episode 11 of the Stock Trading for Beginners Podcast!In this episode, we break down one of the core engines behind the momentum trading strategy: scaling in and scaling out.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.This is how positions are built.This is how volatility is managed.And this is how emotional mistakes are reduced.Losses don’t only come from bad analysis — they often come from bad allocation. Buying too much too fast. Selling everything on the first pullback. Going all in emotionally… then all out emotionally.Scaling fixes that.What We Cover:Why Scaling MattersMarkets move in waves — not straight lines. Perfect entries and exits aren’t realistic, and they aren’t necessary. Scaling removes the need to be perfect and keeps you aligned with structure instead of emotion.Scaling In (Momentum Trader Focus)For the momentum trader, scaling in means building a position over time — not entering all at once.Start small (often 1–3% initial exposure).Maximum exposure per stock around 10% (adjust to your risk tolerance).Add only at support with bullish structure and confluence.Never add just because price is rising or to “make it back.”Small entries create flexibility. They make pullbacks tolerable. They allow you to improve risk-to-reward if price rotates lower into valid support.In strong trends, deeper pullbacks often become opportunities — not automatic exits.Scaling Up With MomentumAs higher highs form and structure confirms, additional entries can be made at new support zones or breakout backtests. Exposure grows with confirmed structure — not emotion.Scaling Out (Momentum Approach)Scaling out is not about selling because you’re green. It’s not about reacting to every pullback.The momentum trader is paid for patience.Reduce exposure when:Weekly structure shifts bearishMajor support breaks and fails to reclaimKey tools flip to resistanceRepeated highs failIf momentum remains intact, you stay. If momentum breaks, you protect capital.More active trading avatars may take profits sooner, but more activity also introduces more decisions — and often more emotional mistakes.TakeawayScaling in and scaling out allows you to manage risk without guessing. It replaces perfection with structure. It keeps allocation aligned with trend and removes the need for emotional timing.This is how meaningful positions are built calmly over time.See you in the next episode. 📈Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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My Simple Stock Trading Strategy (Rules Based)
Welcome to season 4, episode 10 of the Stock Trading for Beginners Podcast!In this episode, I walk you through the exact stock trading framework I use — simple, rule-based, and repeatable. No flashy indicators. No complicated systems. Just clear rules that remove emotion and make trading surprisingly straightforward.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.The truth is, I don’t spend hours staring at charts. And it’s not because I’m guessing or moving fast — it’s because the rules are already defined. Once you know when to enter, when to exit, and when to stay out completely, trading becomes much calmer.In this episode, we break down the full structure.What We Cover:The Real Problem: Emotional Trading Without RulesMost beginners don’t struggle because they’re incapable — they struggle because there’s no structure. Entries aren’t defined, exits aren’t planned, and position sizes are inconsistent. That leads to chasing breakouts, buying near resistance, and reacting emotionally mid-trade.The Core Framework (Simple & Repeatable):Only Buy at Support — Never at Resistance If price is at support within a bullish structure, consider it. If it’s near resistance, wait. This one rule eliminates many bad trades.Use Confluence to Confirm Support Look for multiple tools aligning (moving averages, Fibonacci levels, prior breakout zones, Gann levels). Don’t force setups — let price come to you.Choose Your Trading Avatar Before Entry Decide if the trade is active, swing, or momentum before you enter. Execution depends on identity. Mixing styles mid-trade creates confusion.Journal Before You Enter Write down why you’re entering, where support is, what confirms the trade, and where you’ll exit. If you can’t explain it clearly, skip it.Strict Position Sizing Scale in slowly. Never go too heavy too soon. Manage risk through sizing — not emotion.The Outcome:When rules are predefined, decisions become faster and clearer.No debating mid-trade.No emotional exits.No chasing.Trading becomes structured instead of chaotic — and structured trading feels completely different.The strategy, at its core, is simple:Buy at support.Use confluence.Know your exit before entry.Manage risk with position sizing.Don’t chase.That’s it.If you want to see exactly how this looks on real charts, join the free Skool community. And if you’re ready for deeper implementation, live chart reviews, and structured feedback, the Momentum Trading Alliance mentorship opens again soon.See you in the next episode.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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I Gave My Money to a Financial Advisor… Here’s What Happened
Welcome to season 4, episode 9 of the Stock Trading for Beginners Podcast!In this episode, I share a personal experience that ultimately pushed me to start actively managing my own portfolio — and why that decision turned out to be one of the most important shifts in my trading journey.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Several years ago, I placed a significant amount of money into a professionally managed fund. At the time, it felt responsible. But after two years of underperformance — while a separate account I managed myself was doing better — I began asking deeper questions.Was managing my own money irresponsible… or was managing it without rules the real problem?In this episode, we break down what I learned about:The true cost of management fees over timeWhy many active funds underperform basic benchmarks like the S&P 500The difference between volatility and riskWhy structure matters more than outsourcing responsibilityHow trading with rules changes everythingThis isn’t about being anti–financial advisor. For many people, advisors are the right move. But if you’re already studying charts, learning technical analysis, and trying to build skill — the conversation becomes different.The key realization:Managing your own money isn’t reckless. Managing it without structure is.We also talk about:Why chasing headlines creates stressThe power of buying at support (never at resistance)How journaling removes emotional decisionsWhy choosing a trading identity (or “trading avatar”) simplifies executionHow patience and position sizing reduce panic during pullbacksOver time, the goal stopped being “learn everything” and became “execute one strategy well.” Watching charts weekly, marking support zones, setting alerts, and following clear rules made trading calmer and more consistent.When I chose a momentum-style identity and stopped mixing trading styles mid-trade, execution became easier. No more reacting to every candle — just following a plan.If you’re interested in learning the exact momentum framework we use, you can join our free Skool community below. Inside you’ll find:A full free course on the strategyWeekly Q&A callsCommunity chart discussionsJoin here: https://www.skool.com/tradingWe also recently completed a Momentum Trading Alliance mentorship cohort, and the next small group opens soon. If you’d like deeper implementation, live chart reviews, and structured feedback, you can apply here: https://stokestrades.com/joinIf you’re already learning trading, you’re on the right track. Just make sure you’re building skill — not reacting emotionally.See you in the next episode.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Why Your Trading Strategy Isn’t the Problem
Welcome to season 4, episode 8 of the Stock Trading for Beginners Podcast!In this episode, we break down why your trading strategy usually isn’t the real problem—and what actually causes traders to struggle with consistency.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.After years of studying trading and running an eight-week mentorship with live chart reviews and implementation calls, the same issues kept showing up again and again. Not confusion about strategy, but emotions, unclear rules, and misaligned trading styles.We’ll talk about why trading becomes emotional without structure, how rules and journaling reduce stress, why identifying your trading avatar matters, and how risk management, leverage, and patience play a major role in long-term success.Key Topics:Why Trading Becomes Emotional Without predefined rules, traders struggle most at exits. Uncertainty around when to sell, add, or hold creates stress—especially during pullbacks or volatile markets.Define Entries and Exits Before the Trade Writing down why you’re entering and when you’ll exit—before placing the trade—dramatically reduces emotional decision-making. A core rule of this strategy: only buy at support, never at resistance.Trading Avatars and Identity Knowing whether you’re an active trader, swing trader, or momentum trader determines how you manage profits, volatility, and pullbacks. Aligning exits with your personality removes second-guessing.The Power of Journaling A simple journal (stock, support level, confluence, avatar, emotions, exit plan) helps confirm that trades are rule-based—not emotional—and keeps you disciplined during daily price noise.Risk Management, Leverage, and Options Overleveraging and misunderstanding margin or options increases stress and risk. Consistent position sizing and avoiding unnecessary leverage helps traders stay calm during normal retracements.Patience Pays This strategy rewards patience—waiting for stocks to retrace into support instead of chasing extended moves. Markets never move straight up, and strong support zones offer better risk-to-reward opportunities.TakeawaysYour strategy isn’t usually the issue—lack of structure is. Define your rules before entering, know your trading avatar, journal every trade, manage risk carefully, and let price come to you. When trading is calm and mechanical, probabilities are allowed to play out.If you’re not already part of our free Skool community, you’ll find the link in the show notes. We also open our mentorship group every few months—join the waitlist for the next cohort starting in early March.See you in the next episode!Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Trading Avatars - Choose Your Character
Welcome to season 4, episode 7 of the Stock Trading for Beginners Podcast!After wrapping up eight weeks of live training inside the first Momentum Trading Alliance mentorship, one theme kept coming up—not what strategy to use, but how to trade it. Members weren’t confused about entries; they were unsure about exits, profit-taking, patience, and activity level. That’s where the idea of Trading Avatars was born.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.In this episode, we break down how the same momentum strategy can be expressed in different ways depending on your schedule, risk tolerance, and personality—and why clarity around your trading identity is the key to consistency and stress-free execution.Key Topics:Why Strategy Isn’t the ProblemMost traders struggle not because they lack a strategy, but because they don’t know how to execute it consistently. Mixing styles—buying like an investor and selling like a day trader—leads to emotional decisions and broken rules.What Is a Trading Avatar?A trading avatar is your trading identity. It defines how often you trade, which timeframes matter, how you manage risk, and when you take profits—so decisions are made before the trade, not in the moment.The Four Trading Avatars ExplainedThe Active Trader: Frequent trades, quicker exits, profits taken at resistanceThe Swing Trader: Weekly structure, partial profits, balanced activity (best fit for most traders)The Momentum Trader: Fewer trades, bigger moves, holds through pullbacksThe Long-Term Investor: Monthly/weekly focus, low stress, long-term positioningWhy Alignment Beats DisciplineTwo traders can take the same setup and manage it differently—both correctly. The difference isn’t skill, it’s alignment. Avatars don’t make you trade better; they help you trade consistently.TakeawaysIf trading feels stressful or you’re constantly second-guessing exits, the issue may not be your strategy—it may be that you haven’t chosen the right trading avatar yet. Once your avatar is defined, execution becomes mechanical, emotions fade, and consistency improves.For deeper training on the momentum strategy, trading avatars, and upcoming mentorship cohorts, join our free Skool community at https://www.skool.com/tradingSee you in the next episode! 🎙️📈Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Trading Was HARD Until I Learned This 1 Simple Entry
Welcome to season 4, episode 6 of the Stock Trading for Beginners Podcast!When I first started trading, charts felt random and frustrating—until I learned the breakout backtest strategy. It transformed my portfolio, and now beginners in our group are spotting consistent setups in weeks. Building on last episode's "buy at support, sell at resistance" framework, here we discuss the precise entry points for low-risk trades in bullish stocks. Listen for a simple, patient approach that minimizes stress and maximizes wins.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key Topics:Step 1: Spot Proven Winners and Build Your WatchlistFocus on bullish stocks in uptrends for low-risk trades—nothing rises straight up, so capitalize on natural rhythms. Diversify with speculative trend-changers if your risk tolerance allows, but beginners should stick to strong performers. Use AI like Grok or ChatGPT to generate 30-50 bullish stock ideas (e.g., heading into 2026). Or grab our free list in the Skool group. Confirm uptrends on TradingView's weekly chart: Look for higher highs/lows (market structure) and Ichimoku Cloud (above lines with green future cloud = bullish). Example: Coinbase post-April 2025 shows bullish engulfing candles and volatility but upward trend; avoid pre-2025 bearish phases with lower highs/lows.Step 2: Wait for the PullbackPatience is key—don't chase breakouts or buy at resistance, a common beginner mistake leading to panic sells. Overextended stocks reverse sharply; recent October 2025 red days (5-20% drops) follow massive prior gains (50-100%). Identify resistance (prior highs, indicators) and let price come to you. Pullbacks are healthy for momentum—buyers step in at support, positioning you for the next leg up.Step 3: Enter at Support ZonesWhen pullbacks hit support with confluence (multiple indicators aligning), that's your low-risk entry. Use Ichimoku Cloud, Fibonacci, Gann Squares, or flipped resistance. Don't fear red days—they're buying opportunities. In volatile markets like November 2025, enter cautiously to avoid deeper retracements. This yields high win rates, low stress, and high rewards as bullish stocks resume uptrends.TakeawaysDon't chase—build a watchlist, confirm trends, wait for pullbacks, and enter at support for conviction and gains. This strategy boosted my portfolio this year and helps our community trade flexibly without constant monitoring. Start with a few stocks to build skills.For video lessons, modules (e.g., on Ichimoku), weekly analysis, and details on my new beginner chart-reading program, join the Skool group at https://www.skool.com/trading. More podcasts coming—see you next episode!Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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The ONLY Trading Strategy You Will Ever Need
Welcome to season 4, episode 5 of the Stock Trading for Beginners Podcast!When I first started trading, I felt totally overwhelmed staring at price charts without knowing when to enter. Then I discovered a one-rule strategy that changed everything: only buy at support. After six months of trading real money, my portfolio jumped 144%, and I only spent minimal time scanning charts. In this episode, I break down this simple, stress-free approach that delivers real results—no fancy setups required. Listen to get the framework, then check out our free trading group for video lessons and examples.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key Topics:Building a Watchlist of Bullish Stocks I start by explaining how to spot bullish stocks without needing screeners or scanners. Use AI tools like Grok or ChatGPT to generate a list of 30-50 stocks in trending sectors (e.g., Palantir, Tesla, Amazon). Plug them into TradingView, check for higher highs and higher lows on the weekly timeframe, and use the Ichimoku Cloud for a quick bullish/bearish confirmation—above the cloud with a green future cloud means it's a keeper.Learning from Past Mistakes with Market Structure I share my own story with Tesla: It hit an all-time high around $414.50 in late 2021, then shifted to bearish lower highs and lows, dropping to $100 by January 2023. I held through massive unrealized losses because I ignored technicals and focused only on fundamentals. Fast-forward to now in late 2025, and Tesla's showing positive structure, building a base above that old $414.50 resistance—proving why bullish market structure keeps you on the winning side.Identifying Support Zones for Safe Entries Once you've confirmed a bullish trend, I dive into finding support zones where buyers step in and prices are likely to hold. Use historical price data (like old resistance turning into support), plus tools like the Ichimoku Cloud, Fibonacci retracements, and Gann squares. Don't fear pullbacks in bull markets—they're prime buying opportunities for better risk-reward. I emphasize accumulating shares here to keep things low-stress.Taking Profits at Resistance (or Holding for Momentum) Finally, I cover when to sell: at resistance zones identified the same way as support—historical levels and indicators. If you like trading in and out, lock in gains here to avoid mistakes. Personally, I prefer holding through volatility in bullish stocks to ride the momentum, but either way, never buy at resistance.TakeawaysThis boils down to one rule: only buy at support in bullish stocks—it's shockingly simple but tough with emotions in play. I've seen great results personally, and beginners in our group are up and running with positive gains in weeks. Trading doesn't have to be overwhelming; this strategy proves it.Join the Skool group at https://www.skool.com/trading for our free course with video modules, weekly analysis, a list of 30 bullish stocks, and community support to see this in action.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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If Trading Is So Profitable, Why Doesn’t Everyone Do It?
Welcome to season 4, episode 4 of the Stock Trading for Beginners Podcast! If trading is so profitable, why doesn't everyone do it? In this episode we talk about the 7 invisible barriers that sabotage beginners—not the markets or smarts, but fixable issues like info overload and mindset traps. I share how to overcome them for stress-free trading.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key Topics: Overwhelm from Information Overload I wasted months on day trading because endless online strategies led to analysis paralysis. The fix: Reflect on your schedule and eliminate mismatched approaches. Align with your lifestyle before diving deep—join a group or mentor for a fitting strategy.Mindset Over Mechanics Charts matter, but emotions like greed, fear, anger, overconfidence, and poor discipline derail plans. I counter them with disciplined entries, journaling, breaks, rule adherence, and checklists. Master psychology to avoid quitting early.Craving Quick Wins Over Steady Gains Social media flaunts overnight riches, but real success is patient compounding. I warn against chasing flashiness—if you need fast cash, you'll make bad decisions. Focus on long-term strategies where patience equals profits.Clash with Daily Routines Day trading didn't fit my 9-5 and family life. I recommend swing or position trading for flexibility—no need to watch markets live. Choose strategies that match your commitments to avoid burnout.Underestimating Skill-Building Time Mastery isn't just videos; it's hands-on practice charting stocks and spotting patterns. I emphasize deliberate grind—excitement fades, but discipline builds you as a trader. Commit to the work beyond initial hype.Falling for Flashy Shortcuts Relying on others' picks keeps you dependent. I started with mentors but aimed for independence—learn to fish, build conviction. Avoid unease from copying; use communities to gain skills for solo trading.Lacking a Good Community Trading alone breeds doubt and early quits. I stress joining accountability groups focused on the same strategy for support, shared charts, and habits. It's key to persistence.TakeawaysThese barriers are fixable with mindset shifts, lifestyle-aligned strategies, and community support. Trading becomes simple once tackled. Join the Skool group at https://www.skool.com/trading for our free course, weekly analysis, and partners.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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How Much Money Do You REALLY Need to Start Trading Stocks?
Welcome to season 4, episode 3 of the Stock Trading for Beginners Podcast! We're covering a common beginner mistake: thinking you need a ton of cash to start trading stocks profitably. I break down how much you really need, why account size isn't the barrier you think it is, and how to get started smartly.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key Topics: Account Size Is Relative—It Doesn't Determine My SuccessI used to think I needed tens of thousands to trade, keeping me in analysis paralysis. Success is about percentages, risk management, and growth. I start with under $1,000 and scale up from savings or side income. I focus on consistent gains—a 10% return is the same skill on any account size. Use brokerages like Robinhood or Fidelity with low minimums and fractional shares for high-priced stocks like Tesla. Our Skool poll shows half beginners started under $1,000, proving it's relative.Stocks Are Safer Than Options for BeginnersOptions tempt small accounts with leverage but are complex and risky due to time decay and volatility. Studies say 70-90% of options traders lose money; events like the October 10th crypto crash show risks. I recommend stocks with momentum—no expirations let me hold through dips. Fractional shares allow 1-3% risk per trade. Avoid options' manipulation and max pain.Trade to Grow Wealth, Not for Instant IncomeTreating trading as a job for bills leads to emotional risks like chasing wins or panic-selling. I focus on long-term compounding with a plan to control emotions. Trade only affordable money, build other income to fund accounts. Even small accounts grow steadily without rushing.TakeawaysStart small, focus on percentages, add funds over time. Choose stocks over options for safety and ease. Trade for long-term wealth, not quick cash. Join the Skool group at https://www.skool.com/trading for the free course and community. Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Stop Losing Money - Master Your Mind with These Trading Psychology Hacks
Welcome to season 4, episode 2 of the Stock Trading for Beginners Podcast! We're talking trading psychology, breaking down five emotional traps that sabotage your trades and sharing practical fixes to help you trade smarter and more profitably.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key Topics: Five Emotional Traps & FixesGreed: Chasing BreakoutsProblem: I see a stock soaring (like Tesla at $460 resistance), and FOMO pushes me to buy at the peak, only to face a reversal and loss.Why It Happens: A scarcity mindset, dopamine-driven hype, and anchoring bias (fixating on a stock’s recent surge) cloud my judgment.Fix: I cap my weekly trades, focus on long-term disciplined trading, and avoid chasing quick profits. I stick to charts, not news or social media hype.Fear: Selling Too EarlyProblem: I panic-sell at support or cut winners short, like when I sold Tesla at $100 in 2022-23, missing the rebound.Why It Happens: Loss aversion, tying my self-worth to trades, and worrying about looking foolish drive irrational exits.Fix: I journal every trade, noting why I entered or exited. Reflecting on whether decisions were logic-based or fear-driven helps me trust my strategy.Anger: Revenge TradingProblem: After a loss, I feel cheated and jump into risky trades to “win back” money, often digging a deeper hole.Why It Happens: Entitlement bias makes me think the market owes me, triggering impulsive, fight-or-flight trades.Fix: I take a break—a day or a week—to reset emotionally. Stepping away or going for a walk keeps me rational.Overconfidence: Ignoring SignalsProblem: After a winning streak, I feel like a market genius, ignoring charts or skipping stop-losses, like buying at resistance despite signals.Why It Happens: The illusion of control, confirmation bias, and the Dunning-Kruger effect (overestimating my skills) lead to risky moves.Fix: I stick to my strategy rules, using cues like sticky notes to remind myself to buy only at support and stay disciplined.Weak Discipline: Abandoning StrategyProblem: I ignore my rules, swayed by impulse, market noise (like X posts), or decision fatigue, leading to inconsistent trading.Why It Happens: Present bias makes me chase instant gratification over long-term goals, especially without clear rules.Fix: I use a pre-trade checklist for entries, exits, and risk management. Following my strategy (shared in the Skool group) keeps me on track.TakeawaysStart Small: I pick one fix, like journaling or a checklist, to tackle emotional traps.Join the Community: I invite you to Skool.com/trading for my free strategy course, rules, and community support.Stay Disciplined: I focus on charts, stick to my strategy, and avoid emotional trading to boost profitability.Thanks for listening! Join me for the next episode, and let’s connect on Skool.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Season 4 Premiere: Stress-Free Stock Trading for Beginners
Welcome to the Season 4 premiere of Stock Trading for Beginners! I’m excited to share my two-year trading journey, including a 144% portfolio gain. This episode introduces my rebranded podcast and four pillars for low-stress, profitable trading: mastering one strategy, understanding market dynamics, managing risk, and handling emotions.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Key TopicsRebrandingRenamed from Day Trading for Beginners to reflect my shift to a momentum strategy.Day trading was too stressful for my busy life as a parent.I’ll share my actual strategies, aligned with my school community.Four PillarsMaster One Strategy: Pick a strategy (e.g., position trading for 30 min/day) that fits your schedule and master it. Start trading (even paper trading) fast to gain experience.Market Dynamics & Patience: Markets move in cycles. Stay patient with quality stocks and avoid FOMO-driven trades.Risk Management: Follow strategy rules for entry, exit, and position sizing. My strategy buys at support, avoids overtrading, and limits single-stock exposure.Emotions & Growth: Journal trades and emotions in a paper account to learn from mistakes. Focus on charts, not news, and avoid over-leveraging (>10% in one stock).TipsChoose a strategy for your schedule (e.g., position trading if busy).Start trading within weeks to build experience.Join my free school community at sk.ol.com/trading for my strategy course and roadmap.Journal emotions and stick to charts for decisions.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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144% Portfolio Win and New Trading Plan (+ Podcast Update)
Welcome to the season 3 finale of the Day Trading for Beginners Podcast! I’m Tyler Stokes, and in this episode, I’m thrilled to share a major update: my portfolio gained 144% in just six months using a momentum trading strategy. I also reveal how I’d trade differently today with a faster, smarter approach and announce an exciting podcast rebrand for Season 4. Join me for practical tips and a look at what’s coming next!Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Key Topics DiscussedMy Portfolio Update: 144% Gains in 6 MonthsHow I’d Trade Differently: The Direct ApproachWhy Momentum Trading Works for BeginnersPodcast Rebrand AnnouncementSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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How Your Mind Sabotages Your Trades: Unlocking the Psychology of Successful Trading
Welcome to season 3, episode 11 of the Day Trading for Beginners Podcast! In this episode, we talk about the critical topic of trading psychology, exploring a powerful quote from Jared Tendler’s book, The Mental Game of Trading: “The charts are a mirror that reflects your inner self.” We discuss how your emotions, biases, and mental blocks shape your trading decisions and how Tendler’s system can help you turn psychological flaws into strengths.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Key Topics DiscussedIntroduction to Trading PsychologyWhy technical know-how isn’t enough—your mindset can make or break your strategy.The importance of joining our free Skool community (skool.com/trading) to learn and share experiences.Overview of The Mental Game of Trading by Jared Tendler, a top mental performance coach who applies lessons from competitive golf to trading.The Quote: “The Charts Are a Mirror That Reflects Your Inner Self”Charts provide objective data (prices, volume, trends), but your reactions reveal emotions like fear, greed, or hesitation.How your internal world—biases, past traumas, or impulses—distorts your interpretation of market data.Using charts not just for market analysis but as a tool for self-reflection to turn losses into lessons.Jared Tendler’s ApproachTendler frames common trading mistakes (chasing, overtrading) as psychological, not technical, issues.Emotions like greed, fear, and anger are root causes of trading errors.Practical tools like journaling, visualization, and mapping emotional patterns to build mental resilience.Treating emotions as data to identify triggers and correct flaws.Real-World ExamplesExample 1: A trader hesitates during a breakout pattern due to fear from past losses, missing an opportunity and feeling frustrated (“tilt” in poker terms). Tendler’s system suggests journaling emotions and using pre-trade routines to build confidence.Example 2: An overconfident trader takes an oversized position on a head-and-shoulders pattern, amplifying losses. Reflection reveals a need for validation through wins, not strategy.Actionable Tips to Apply Tendler’s PhilosophyJournal Your Feelings: After each trade, note how the chart made you feel (stressed, excited, etc.) and compare it to the objective data (price, volume).Spot Emotional Triggers: Identify chart patterns (e.g., sudden drops or breakouts) that spark fear, greed, or FOMO (fear of missing out).Stay Calm with Visualization: View charts as neutral tools, like a mirror, to avoid emotional reactions.Maintain Emotional Balance: Avoid overtrading or overconfidence by keeping a steady, patient mindset.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Why I Quit Going All-In on Tesla - A Beginner’s Trading Lesson
Welcome to season 3, episode 10 of the Day Trading for Beginners Podcast! I'm Tyler Stokes and in this episode, I share my journey of moving away from being an all-in Tesla investor. After achieving over 65% portfolio gains in just a few months of trading real money, I’ve learned valuable lessons about diversification, technical analysis, and avoiding the pitfalls of putting all your eggs in one basket. This episode reveals why I shifted my investment strategy and how technical analysis transformed my approach to trading.Disclaimer: This is not financial advice—just my personal story to help you reflect on your own investment decisions.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintPortfolio updates: Trading Challenge 2025Key Topics Discussed:The All-In Tesla TrapWhy I was captivated by Tesla’s innovation, leadership, and growth from 2020 onward.The risks of having my entire portfolio in one stock, despite riding Tesla’s surge.The volatility and opportunity costs (e.g., missing Nvidia’s 10x growth from 2022–2025).Lessons from Market VolatilityTesla’s rollercoaster ride: From $400 to $100 and back, losing 75% at its low.Realizing fundamentals don’t drive short-term stock prices—price charts do.How a basic understanding of market structure in 2022 could have signaled a pivot.The Power of Technical AnalysisDiscovering price charts as the real-time story of a stock’s performance.How charts signaled Tesla’s trouble before bad news hit, unlike fundamentals.Using support, resistance, and momentum to time entries and exits.Why Diversification WinsNo single stock stays the best forever—diversification reduces risk and stress.Shifting from dismissing diversification to embracing it as a strategic tool.Building a core portfolio of 5–10 stocks with strong momentum, guided by technical analysis.Rebalancing My PortfolioReducing Tesla exposure in tax-efficient accounts (e.g., TFSA, RRSP) to avoid heavy taxes.Selling at resistance zones and buying other stocks at support zones.Maintaining Tesla as my largest position while exploring other high-potential stocks.Lessons LearnedConviction in one stock has limits—flexibility and informed decisions win.Regularly assess charts, rebalance when needed, and prioritize diversification.The market rewards adaptability, not blind loyalty to a single stock.Why This MattersIf you’re heavily invested in one stock (Tesla or otherwise), my journey might encourage you to rethink your approach. Studying price charts and embracing diversification can open the door to a more resilient financial future. Technical analysis helped me break free from the all-in mindset, and my trading strategy—outlined in ouSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Up 65% in 4 Months! - My July Trading Update Awaits
Welcome to season 3, episode 9 of the Day Trading for Beginners Podcast! I'm Tyler Stokes from StokesTrades.com, and in this episode, I'm excited to share my portfolio gains—up 65% after four months of trading real money—and discuss the momentum trading strategy that's been working for me.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintPortfolio updates: Trading Challenge 2025How Momentum Trading Works:1. Spot Opportunities: Find stocks in strong uptrends on daily/weekly charts (higher highs, higher lows). Use TradingView screeners or Grok to build a watchlist of high-potential stocks (e.g., crypto, AI, tech).2. Buy at Support: Enter at proven support zones where indicators align (Ichimoku Cloud, moving averages, Fibonacci retracements, Gann Squares). Start with 1-3% positions to manage risk—never buy at resistance.3. Ride and Accumulate: Hold as stocks rise, adding shares at new support zones during pullbacks. Cap exposure at 10% per stock. Ride momentum for weeks/months, avoiding premature sells.4. Exit Strategically: Sell when momentum fades (broken support, flat trends, lower highs). Take partial profits or exit fully to lock in gains and rotate capital.Why It Works: This low-stress strategy avoids emotional traps like FOMO or overtrading, focusing on patience and high-probability setups. It’s ideal for beginners with busy schedules, but trading carries risks, and results aren’t guaranteed.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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The 7 Biggest Mistakes New Retail Traders Make (And How to Fix Them)
Welcome to Season 3, Episode 8 of the Day Trading for Beginners Podcast! This episode talks about the seven biggest mistakes new retail traders make—and how to avoid them. Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintPortfolio updates: Trading Challenge 2025What You’ll Learn:Letting Emotions Take Control: Emotions like fear and greed can lead to poor trades. Stick to a trading plan and journal your feelings to stay disciplined.Chasing Breakouts into Traps: Avoid buying at resistance; wait for pullbacks to support levels instead.Overtrading: Too many trades can drain your account. Focus on quality setups and resist the urge to trade out of boredom.Ignoring Risk Management: Over-leveraging or risking too much per trade can wipe you out. Use 1-3% entries and aim for steady gains.Abandoning Your Strategy: Stick to your plan, even when the market tests you, to avoid emotional trading.Buying High, Selling Low: Resist buying at peaks and selling at dips—use technical analysis to find support and resistance zones.Lack of Patience and Discipline: Treat trading as a long-term game, waiting for high-probability setups rather than forcing trades.Key Takeaway: Mistakes are part of the learning process—think of losses as tuition for mastering the markets. Awareness and a solid strategy can minimize damage and build confidence.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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My First 2 Months Trading - 20% Up, Mistakes Made, Lessons Learned
Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 6. In this episode, I share my journey of trading real money for the first time, starting in April 2025. With my portfolio up 20% in just two months, I’m happy—but I’ve made plenty of mistakes along the way. This isn’t a true day trading strategy (despite the podcast’s name), and I explain why my approach works for my busy schedule. Tune in for 6 key lessons I’ve learned, from the importance of patience to avoiding news-driven trades, plus tips for new traders navigating the markets.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintPortfolio updates: Trading Challenge 2025What You’ll Learn:My trading strategy: Buying at support, avoid chasing breakouts, and riding momentum.Why this isn’t day trading—and how to test strategies with paper trading.Mistakes like selling too early ($HIMS, $GOOG), missing resistance zones ($TSLA, $COIN, $HOOD), and rushing entries ($OSCR).The power of patience: Letting price come to you with 1-3% entries.How charts predict moves before news, and why you should ignore noise on social media.Disclaimer: This is not financial advice. I’m sharing my personal trading experience for educational purposes.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Momentum Trading - I'm Using This Strategy While I Wait to Day Trade
Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 6. Today, I’m breaking down momentum trading, the strategy I’m using in my real money challenge from last week. I’m a beginner on a journey to become a full-time trader, but with my schedule, day trading’s not something I can actively do at the moment. So I'm gaining experience with this strategy.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWhat I CoveredMomentum Trading Basics: What it is and how it differs from day trading.Why I Chose It: My schedule led me to this slower, less stressful approach.How It Works: Buy at support, ride the trend, hold for bigger moves.Tools I Use: Market structure, moving averages, and more—simple stuff!Key TakeawaysMomentum trading is about catching strong bull trends—higher highs, higher lows—buying at support when buyers are in charge. Think wealth-building, not quick flips! I stumbled into it because day trading’s fast pace doesn’t fit my life right now (kids, family, etc.). This strategy mixes swing trading vibes—holding days, weeks, or longer. That being said, you CAN trade this strategy on shorter time frames.How I do it: Spot bullish structure, buy low at support zones (using tools like Fibonacci, Ichimoku Cloud), and set limit orders at night—no daily stress!It’s slower than day trading (fast profits, in-and-out) but simpler for beginners IMO. You don’t need to watch every tick—just ride the trend and be patient.Tie-in: My real money challenge (updates in my Skool Group) uses this strategy—see my trades in action!Why It MattersDay trading’s the end goal (at least I think it is right now), but momentum trading fits my reality—less time, less pressure, and still profitable if the trend’s right. For beginners, it’s a gentler start: no lightning-fast moves, just spotting trends and holding on. It’s teaching me patience, planning, and market structure—skills I’ll carry to day trading later. Plus, with markets shaky now (tariffs, flash crashes), buying support could pay off big down the road—not financial advice, just my take!Final ThoughtsI hope this peek into momentum trading helps! It’s not as flashy as day trading (still my goal!), but it’s working for me—slower, calmer, and wealth-focused. Markets are wild right now, but that’s where support zones shine. Join the Skool Group and follow my real trades and see this strategy play out. Thanks for listening—catch you next episode!Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Can I Beat Tesla in This Trading Challenge?
Welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 5—a special one! Today, I’m sharing my real money trading challenge, where I’m putting cash on the line to test my strategy. I’m documenting every step, and you can follow along. Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWhat I CoveredThe Challenge: I’m trading real money with my momentum strategy—fully transparent.Strategy Basics: It’s about buying support, selling resistance.Rules & Goals: Five core rules to keep me disciplined, plus a Tesla benchmark.Why Now: Volatile markets could be my chance—or my downfall.Follow Along: Updates in my Skool group—trades, wins, losses, and lessons.Key TakeawaysI’m kicking off today, April 7, 2025, with a market symmetry strategy (details in my Skoo group). Every trade—entries, exits, wins, losses—goes public there. Total transparency!My five rules: 1) Stick to the strategy, 2) Never chase price, 3) Limit position size, 4) Buy at support, sell at resistance, 5) Stay uncomfortable—buy when it’s tough. More in the group!The fun part: Can I outperform Tesla stock by December 31, 2025? I sold some Tesla shares to fund this (not bearish—just wanted to raise cash!).Why now? Markets are shaky—S&P’s dropping, tariffs are looming, fear’s everywhere. For a momentum trader, these dips might be golden if I time support zones right.Not financial advice! I’m a beginner, not an advisor. This is my journey—watch, learn, but trade your own way.Why It MattersThis challenge is about discipline—sharing every trade keeps me honest (no FOMO slip-ups!). It’s also about teaching—if you’re new, you might pick up something useful. Markets are wild, but I’m betting on patience and smart moves. I’ll lean on analysts for ideas, but every trade’s my call. Good or bad, you’ll see it all—I’m learning as I go!Final ThoughtsI’m excited to launch this challenge! Will I beat Tesla? Honestly, I’m not sure—Tesla’s my biggest holding, and I think it’ll soar by year-end (not advice!). But this is about testing my skills, staying disciplined, and sharing the ride. Join me in my Skool group for weekly trade updates and monthly portfolio check-ins, wrapping up December 31st. Thanks for listening—let’s see how this goes!Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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From Panic to Profit - What Tesla’s $101 Drop Teaches Newbies
Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and today I’m digging into why markets wear you down and breaking down support zones for new traders. I recorded this on Monday, March 24, 2025—a green day after a rough month. In my last episode, I talked about liquidity grabs, predicting March might end with a rebound. Before that, I covered market structure and high-timeframe support. Now, as we head into April, I’m tying it all together—did March’s dip hold as a base? By the time you hear this, we’ll know if the market bounced back. Either way, I’m here to explain why these ups and downs test your patience and how understanding support zones can keep you sane.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWhat I CoveredWhy Markets Exhaust You: How constant testing of support zones messes with your head.Support Zones 101: What they are and why they’re key for beginners.Famous Quotes: Wisdom from Warren Buffett and John Maynard Keynes to guide you.Capitulation Explained: What it looks like when traders give up—and why it might signal a bottom.Real Example: My own Tesla capitulation moment in 2023 and what I learned.Key TakeawaysMarkets wear you down by repeatedly testing support zones—think of them as invisible floors (e.g., $45 for a stock) where buyers step in, but the price keeps dipping back to test it. It’s like a ball bouncing over and over, asking, “Will this hold?”I love Warren Buffett’s line: “The stock market is a device for transferring money from the impatient to the patient.” If you panic-sell at $45 fearing a drop to $40, patient traders win when it rebounds to $48 or higher.Then there’s John Maynard Keynes’ warning: “The market can remain irrational longer than you can remain solvent.” If $45 breaks and drops to $35 for months, you might run out of cash or nerve—especially on margin.Capitulation is when everyone panics and sells (e.g., a break from $45 to $40, then $30). It’s scary, but often marks a bottom—like Tesla’s $101 low in January 2023 after a 65% drop, only to rebound to $173 by month-end. I sold some shares there and learned the hard way!Right now, March 24th feels like a test. If support holds and we’re green into April, it’s a win for patience over panic—maybe even a liquidity grab bottom from last episode.Why It MattersTrading’s a mental game as much as a numbers game. Markets test support to shake out the impatient—market makers love this, scooping up cheap shares while we fret. For beginners, knowing this helps you stay calm, spot patterns, and avoid selling low or betting too big. Experience matters—my Tesla flop taught me that technical analysis and patience could’ve saved me. This isn’t tied to one strategy; it’s market wisdom for all traders.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Liquidity Grabs and Market Makers - Decoding Market Tricks
Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 3. Today, I’m talking about liquidity grabs and market makers—two concepts that might sound mysterious but are key to understanding wild price swings. If you’ve ever wondered what a liquidity grab is or who these “market makers” are that people keep talking about, I’ve got you covered.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWhat I CoveredLiquidity Grabs Explained: What they are, why they happen, and how they look on a chart.Market Makers Unmasked: Who these big players are and how they pull the strings.Triggers: How stop-loss orders and leverage liquidations fuel these moves.Real-World Context: Why March 2025’s sell-off might just be a scare tactic by market makers.Beginner Tips: How to spot these patterns and avoid panic-selling or chasing highs.Key TakeawaysI define a liquidity grab as a sharp price detour—dropping below support or spiking past resistance—to scoop up shares or cash, then snap back like nothing happened. Picture a net grabbing what’s available!These moves often tie to stop-loss orders (e.g., a $49.50 stop below $50 support triggers a sell-off) and leverage liquidations (e.g., Bitcoin dropping from $100K to low $70Ks forces margin sales).Market makers are the heavy hitters—like Citadel Securities, big banks (JPMorgan, Goldman Sachs), or exchange specialists—keeping markets flowing with deep pockets and fast tech. They spot order clusters and push prices to trigger them, grabbing shares cheap or selling high.Right now, I see this in action: Bitcoin’s fall to the $70Ks and Tesla’s dip to the low $200s might be market makers scaring retail traders into selling low—only to rebound later.My advice? Don’t panic-sell at support or chase all-time highs—understanding this can turn confusion into opportunity.Why It MattersAfter a year of studying charts, I’ve learned these swings aren’t random. Market makers exploit fear and greed, especially in the short term, to profit or manage inventory. For beginners, grasping this helps you see past the noise—whether it’s a news scare or a sudden drop—and stick to your strategy. Long-term, fundamentals win, but short-term, these players can shake things up!Final ThoughtsI hope this clears up liquidity grabs and market makers for you! It’s wild to think this month’s sell-off could just be a big wick by April—proof that fear doesn’t always mean a bear market. (Not financial advice—just my take!) Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Market Structure 101 - A Beginner’s Guide to Reading Trends
Welcome back to the "Day Trading For Beginners" podcast! In this episode we're talking about the essentials of market structure - a foundational concept for traders at any level. Whether you’re just starting out or sharpening your skills, I’ll show you how understanding market structure can turn chaotic price charts into a clear story of trends, reversals, and opportunities. Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWhat You’ll LearnMarket Structure Basics: What it is and why it matters for beginners.Key Terms: Higher highs, higher lows, break of structure (BOS), and change of character (CHoCH).Trend Identification: How to spot uptrends, downtrends, and consolidation using simple examples.Timeframe Impact: Why hourly, daily, or weekly charts tell different stories—and how to pick the right one for your strategy.Practical Tips: How to start analyzing charts with free tools like TradingView and build confidence in your trades.Takeaway Quote“Market structure isn’t a mystery—it’s price showing you who’s boss: the buyers or the sellers.”Next StepsGrab a chart (try Apple or Tesla!), mark those highs and lows, and start decoding the story. Whether you’re day trading or swinging on higher timeframes, this episode gives you the tools to trade with clarity.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Season 3 Premier - The Morning Routine for Trading Success
Welcome to the "Day Trading for Beginners" podcast, season three, episode one. Today we're talking about an effective morning routine for traders. As we embark on 2025, it's crucial to establish practices that enhance productivity and set a positive tone for the day, especially for those balancing trading with personal commitments.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintThe Miracle Morning: Order on AmazonFind My Script Here: https://stokestrades.com/morning-routine-for-traders/Why a Morning Routine?The reality is, many of us juggle multiple responsibilities alongside trading, which makes a disciplined start to the day even more valuable. A structured morning routine has transformed my productivity, a practice I honed while running my online business before transitioning to trading.The Miracle Morning MethodToday, I want to share the Miracle Morning method, which can revolutionize your mornings and can be adapted for trading. The method includes:Silence (S): Start with meditation or deep breathing to calm the mind and reduce stress, crucial for avoiding emotional trading and just starting your day on the right path.Affirmations (A): Reinforce your trading goals and mindset with positive affirmations. These help solidify your commitment and focus.Visualization (V): Picture your trading day unfolding successfully, which can help manifest these outcomes in reality. Exercise (E): A brief physical activity can energize you and enhance mental clarity.Reading (R): Spend a few minutes reading something educational or motivational to expand your trading knowledge.Scribing (S): Journaling your trading plan and reflections can improve discipline and track progress.Implementing the RoutineThis routine doesn’t need to be lengthy; even a condensed version can significantly impact your trading mindset and effectiveness. Tailor it to fit your lifestyle and see how it transforms your productivity and trading discipline.Adapting to RealitiesLife’s unpredictabilities, like family commitments or unexpected illnesses, can disrupt our routines. It’s crucial to maintain a long-term perspective and adapt. Success in trading, like in any professional field, requires persistence and resilience.Looking AheadThroughout this season, we will explore practical trading applications and share real-money trading experiences, documenting the journey in our community on Skool. Join us there for more detailed discussions and to share your progress.Thanks for tuning in to the first episode of season three. I'm excited to share more about my trading journey and helpful routines that support trading success. Check out the links below for additional resources, and I look forward to connecting with you in our commSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Year In Review - Lessons from My Trading Journey (Season 2 Finale)
Welcome to the "Day Trading for Beginners" podcast, season two, episode 12. Today we're wrapping up the season with a year-in-review episode. As we conclude 2024, a year filled with learning and growth, I want to reflect on the key lessons from my journey toward becoming a full-time day trader and share plans for 2025.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintLessons LearnedThe most significant takeaway this year has been the importance of trading psychology. The mental aspect of trading, including dealing with overtrading, FOMO, and maintaining patience, is crucial. Understanding that opportunities in trading are recurrent and that you don't need to rush or force trades was a pivotal lesson. Many successful traders have experienced significant losses early in their careers, underscoring the importance of psychological resilience and the necessity to stick to your strategy meticulously.Tools and StrategiesIn terms of tools, TradingView has been indispensable for chart analysis, and I recommend it to anyone in the trading field. While paper trading, I realized the importance of not overly stressing about having perfect market data since the strategy I employ doesn’t require split-second decisions typical in day trading or scalping.Regarding trading strategies, while I began with an intent to day trade, the swing and momentum trading strategies aligned better with my personal and professional schedule. This adaptability is crucial as your trading strategy should complement your lifestyle and availability.Community and MentorshipFinding a mentor or joining a community that aligns with your trading goals is vital. However, be cautious as the trading education space can be fraught with expensive and unhelpful courses. The community on Skool, although geared towards beginners, is an excellent start for consistent engagement and learning.Looking Ahead to 2025As we move into 2025, I plan to start trading with real money, cautiously and transparently. I intend to share my trades within the community, which will not only help others but also enforce discipline in my trading practices. The next season will focus more on specific trading aspects that we didn't get to cover like market structure and understanding market makers’ influence, which are often overlooked but critical for trading success.Final ThoughtsFor beginners, my advice is to start slowly but remain consistent. Paper trade to make your initial mistakes without financial consequence, and immerse yourself in a community or mentorship to enhance your learning curve. Remember, the journey to becoming a successful trader is marathon, not a sprint.Thank you for joining me this season. I look forward to delving deeper into practical trading strategies and psychological aspects in season three. Don't forget to check out the resources mentioned, and join us at our Skool community for ongoing support and learning.Here’s to a successful 2025, and I’ll talk to you soon in the next season of the "Day TradinSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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How to Become a Better Trader - Embracing Trading Obstacles with a Zen Approach
Welcome to Episode 11 of the "Day Trading for Beginners" podcast, titled "Embracing Trading Obstacles with a Zen Approach." I'm Tyler Stokes from StokesTrades.com, on my path to becoming a full-time trader. In this season we're talking about strategy and for those interested in the details of the strategy I'm using, check out our free community on Skool. For this episode I want to talk more about the mental side of implementing a strategy, and the two main points are identifying obstacles, and developing a "Zen" approach to trading...Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintBooks:The Obstacle is the Way - AmazonThe Zen Trader - AmazonTrading Psychology: Our main topic today revolves around two significant concepts in trading psychology that I've encountered through my readings: "The Obstacle Is the Way" by Ryan Holiday, and "The Zen Trader." Both books offer profound insights into facing challenges not just as barriers but as opportunities for growth and mastery.The Stoic Philosophy in Trading: The idea that "The Obstacle Is the Way," draws from stoic philosophy, suggesting that what we often see as impediments to our success are actually the paths we need to take. Applied to trading, this means transforming trading challenges into opportunities for developing discipline, patience, and strategic mastery.Zen Approach to Trading: Alongside stoicism, we explore the Zen approach to trading, which emphasizes introspection and the calm acceptance of market conditions. This method helps in managing our responses to market volatility and maintaining discipline in our trading practices.Practical Trading Examples: In my own trading, I've identified specific obstacles such as impatience and overallocation. By acknowledging these challenges, I've begun to see them as areas for growth. Addressing these issues head-on helps in refining my trading strategies and improving my overall decision-making process.Introspection and Growth: I emphasize the importance of introspection in trading—understanding one's emotions, triggers, and habits is crucial for long-term success. Journaling trades and reflecting on trading decisions can significantly enhance one’s strategic approach.Conclusion: As we wrap up this episode, I reiterate that the true path to trading mastery involves understanding and leveraging one's personal trading obstacles. By adopting a Zen-like mindset and embracing stoic principles, traders can navigate the markets more effectively.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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The Hardest Part About Trading + Rules and Common Mistakes
Welcome to Episode 10 of the "Day Trading for Beginners" podcast. I'm Tyler Stokes from StokesTrades.com, and today, we're diving into the trading rules I'm adhering to, the common mistakes I've encountered, and the challenges of sticking to a strategy. This episode is crucial for anyone on the path to becoming a full-time day trader, offering insights into maintaining discipline amidst market pressures.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintKey Trading Rules and Common Mistakes: Trading rules are foundational, yet adhering to them consistently is a struggle many traders face, myself included. Emotional trading, such as reacting impulsively to market changes or doubling down after losses, often leads traders astray. This is why starting with paper trading is vital—it allows you to experience these pressures without the financial fallout.Essential Trading Rules:Stick to Your Strategy: Discipline is what separates successful traders from those who fail. It’s about executing your strategy mechanically, without letting emotions get in the way.Never Chase Prices: Always let the price come to you. Engaging in FOMO leads to entering trades at suboptimal times.Limit Position Size: Never allocate more than 10% of your portfolio to a single trade. Adjust your investment based on the volatility and your confidence in the trade.Buy at Support and Sell at Resistance: Avoid trading in uncertain ranges. Clear support and resistance levels offer better probability for successful trades.Embrace Discomfort: Buying at support levels, especially during dips, can feel counterintuitive and uncomfortable, but it's often where the best opportunities lie.Implementing Rules and Handling Mistakes: Sticking to these rules is challenging, especially under real market conditions where emotional trading can lead to rash decisions. On Halloween, I was reminded of this when I attempted to buy at what I believed were support levels, only to see the market continue to fall. This experience underscored the importance of not only setting rules but rigidly following them to avoid common pitfalls like overtrading and emotional reactions.Conclusion: In trading, the technical skills required to analyze the market are crucial, but the ability to maintain a disciplined mindset is equally important. Through paper trading, I've been able to practice and refine my approach without financial risk, preparing me for real-world trading where stakes are higher.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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The Strategy I'm Seeing Results With - How it Works
Welcome to Season 2 Episode 9 of the "Day Trading for Beginners" podcast. I'm Tyler Stokes from StokesTrades.com, and as I progress in my journey to become a full-time day trader, I've been exploring various trading strategies. Today, I'll share more specifics about the strategy I'm currently learning, which is more aligned with swing and position trading, though it can be adapted for day trading as well.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintMarket Symmetry Strategy: The core of this strategy revolves around market symmetry, recognizing patterns that repeat over time. Key components include:Entry Points: Buy at support levels or after a backtest of a breakout.Trading Philosophy: Focuses on buying during pullbacks to support levels, utilizing patterns to guide trading decisions without emotional interference.Tools and Indicators: To implement this strategy effectively, I use several technical tools:Ichimoku Clouds: Provides a visual representation of support and resistance.Fibonacci Retracements: Helps identify potential reversal points.Gann Charts: Used to observe market symmetry and predict future price movements.Market Structure Analysis: Understanding overall bullish or bearish trends to make informed trading decisions.Learning from a Pro: I've been learning this strategy from a professional trader known as The Great Mattsby, whose insights on market symmetry have been invaluable. For those interested, I've included links to his resources and Patreon in this write up.Practical Application: Practicing this strategy in my paper trading account has been immensely beneficial. It's one thing to study a strategy, but applying it practically offers a whole new level of understanding and skill development.Next Steps: In the upcoming podcast episodes, I'll share my experiences applying these strategies, focusing on the rules I've followed and the common mistakes encountered during live trading sessions.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Day Trading vs Swing Trading + The PDT Rule
Welcome to Episode 8 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com. As I journey towards becoming a professional day trader, I'm exploring various trading strategies, and in this episode, we'll compare day trading with swing and position trading.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintMarket Symmetry Strategy Explained: See this post in our group here.The WIKI: Download it here (There may be newer versions you can search for on the forum)Today’s Topic – Trading Strategies Compared: Many beginners will likely need to decide whether day trading, swing trading, or position trading suits their lifestyle and goals best. This episode breaks down the differences and shares insights into the strategies I am currently exploring.My Trading Strategy Exploration:Day Trading Strategy: Following a strategy from the Real Day Trading Reddit group, focusing on quick, intra-day trades to capitalize on short-term market movements.Swing/Position Trading Strategy: Inspired by a trader known as The Great Mattsby, this strategy involves holding positions longer to leverage market trends, which I find increasingly appealing.Key Differences:Day Trading: Involves buying and selling within the same trading day. Requires intense focus and quick decision-making to exploit small price movements.Swing Trading: Targets gains over several days to weeks by taking advantage of short to medium-term trends.Position Trading: The longest-term trading strategy, where traders hold positions for months or even years, based on broader market trends.PDT Rule Discussion: An essential aspect for day traders to understand is the Pattern Day Trader (PDT) rule, which affects traders using margin accounts in the U.S. by requiring a minimum account balance of $25,000 if executing four or more day trades within five business days.Choosing the Right Strategy: Deciding on the right trading strategy involves testing and personal reflection. While I began with a focus on day trading, my current study of swing and position trading strategies may influence a shift in my trading approach.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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My Day Trading Setup - Computer, Software and Tools You Need
Welcome to Episode 7 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, on my journey to becoming a full-time day trader. This episode, we're exploring my initial day trading setup as a beginner who's recently started paper trading.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintAll Resources: https://stokestrades.com/day-trading-setup/Setting up your trading environment is crucial as you transition from learning to actual trading. I’ll share the details of my current setup to help you understand what you might need to get started efficiently.Essential Components of My Setup:Brokerage Account: I use Interactive Brokers for its robust platform.Charting Software: I’ve chosen TradingView for its user-friendly interface and comprehensive tools.Trading Journal: Trader Sync is my choice for tracking trades and analyzing performance.Scanners and Screeners: I use Interactive Brokers' scanner and TradingView’s screener to identify trading opportunities.Computer and Monitors: A reliable computer with at least two monitors is crucial for effective trading.Guidance for Beginners: Don’t feel pressured to have everything figured out immediately. Start with the basics, and as you advance in your trading journey, you can refine your setup. The key is to begin with essential tools that allow you to execute and analyze trades efficiently.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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What is Margin? Margin Calls and Requirements Explained for Beginners
Welcome to episode 6 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, embarking on a full-time day trading journey. This episode, we're taking a brief pause from strategy discussions to talk about a fundamental concept every trader encounters: margin.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintToday’s Topic – Understanding Margin: Margin trading can significantly increase your purchasing power but comes with its risks. This episode will break down the basics of margin, including what it is, margin requirements, margin calls, and how margin impacts buying power.Key Concepts Covered:What is Margin? It’s essentially a loan from your brokerage that allows you to buy more stocks than your cash balance would permit. This can amplify both gains and losses.Margin Requirements: These are the guidelines set by brokers that dictate how much money you must keep in your account to cover your borrowed funds. We'll explain initial and maintenance margins.Margin Calls: If your account value falls below the required level, you’ll face a margin call, compelling you to deposit more funds or sell some assets.Buying Power: With margin, your buying power increases, allowing you to hold larger positions than you could with just your cash. However, this also increases your financial exposure.Understanding the Risks: While margin can expand your investment capabilities, it also enhances potential losses. Managing these risks is crucial, especially for beginners not trading with real money yet.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Win Rates and Ratios - The Keys to Consistent Day Trading Profits
Welcome to season 2 episode 5 of the "Day Trading for Beginners Podcast." This episode focuses on essential trading metrics: win rates and risk-to-reward ratios, crucial for evaluating the effectiveness of your trading strategy.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintToday’s Focus – Win Rates and Risk-to-Reward Ratios: Understanding and calculating win rates and risk-to-reward ratios are fundamental for any trader. These metrics help you gauge the effectiveness of your strategies and manage your trades more precisely.Win Rates: Your win rate indicates the percentage of trades you win out of the total trades you make. For example, a win rate of 60% means you win 60 out of 100 trades. Aiming for at least a 75% win rate is a good benchmark for consistent profitability.Risk-to-Reward Ratios: This measures potential gains against potential losses in each trade. A common target is a 2:1 ratio, where you aim to gain $2 for every $1 risked, balancing the occasional losses with more substantial gains.Trading Tools and Resources:TradingView: I use TradingView for analyzing trades and setting up charts. It's a powerful tool for seeing how confluence works in action. You can start with a free account. Visit their website here.TraderSync: To journal my trades and track these metrics over time, I will use TraderSync. It's essential for refining strategies and improving trade outcomes. Visit their website here. Community Engagement: Join our Day Trading for Beginners group on Skool where you can connect with other traders, find accountability partners, and access a wealth of shared knowledge.Closing Thoughts: Mastering win rates and risk-to-reward ratios not only enhances your trading strategy but also boosts your confidence in making informed trading decisions. These metrics are key to managing your trades and ensuring long-term profitability. You won't master them right away, but overtime you should understand what these are in your own trading. Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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Confluence... Do You Know What This Means?
Welcome to another episode of the "Day Trading for Beginners" podcast. In this short episode, we're going to talk about confluence. If you're just joining us, be sure to download the 6 Month Blueprint that offers a roadmap for your first steps as a day trader.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintThe WIKI: Download it here (There may be newer versions you can search for on the forum)What is Confluence? Confluence in trading refers to a situation where multiple technical indicators or analysis techniques align, suggesting a more robust forecast for market direction. This alignment increases the likelihood of a successful trade by reinforcing the signal strength.Seeing Confluence in Action: To observe confluence firsthand, you can use charting tools like TradingView. I've included a link in the show notes for you to access TradingView, where you can sign up for a free account with some limitations. This tool is excellent for visualizing how different indicators converge on a chart to indicate potential trading opportunities.Why Confluence Matters: Understanding and identifying confluence is crucial because it helps traders make more informed decisions. Instead of relying on a single indicator, confluence allows you to gather evidence from multiple sources, reducing the risk of false signals and increasing your confidence in executing trades.Examples of Confluence:Moving Averages: A bullish signal is reinforced if the price is above both the 50-day and 200-day moving averages, and the shorter moving average crosses above the longer one.Support and Resistance Levels: A price breaking through a resistance level while other indicators signal a bullish trend can signify a strong upward move.MACD (Moving Average Convergence Divergence): If the MACD line crosses above the signal line at the same time the price moves above a key moving average, it suggests bullish momentum.Volume: An increase in trading volume accompanying a price breakout above resistance indicates strong buyer interest and supports the price movement's sustainability.Ichimoku Cloud: When 3 of the 4 indicators are bullish on the Ichimoku Cloud, and price is above the 50 week moving average, there is confluence among these indicators. Closing Thoughts: Today's episode was a concise exploration of confluence, a key concept that you'll encounter repeatedly in your trading journey. By understanding and utilizing confluence, you can enhance the accuracy of your trades and make more strategic decisions.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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35
How to Tell the Story of a Stock + I Bought a Trading Course
Welcome to another episode of the "Day Trading for Beginners" podcast. In this season, we are discussing strategy. If you're just joining us, be sure to download the 6 Month Blueprint that offers a roadmap for your first steps as a day trader.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintThe WIKI: Download it here (There may be newer versions you can search for on the forum)Exploring a New Strategy: Today’s episode focuses on understanding the 'story' a stock tells through its market behavior, a concept I encountered while studying the strategy guide from the RealDayTrading Reddit group. You can find this guide, which is integral to the strategy we're discussing, linked above.The Importance of the Stock's Story: In the guide, there's a section that explains how to interpret the narrative of a stock, exemplified through a case study of Microsoft. The guide stresses the importance of context in evaluating price movements—understanding the 'story' helps distinguish between meaningful trends and market 'noise.' This clarity is crucial for making informed decisions about when to enter or exit trades.Connection to Another Strategy: This concept of storytelling in stock analysis reminded me of another trader, Matt, known as 'The Great Mattsby,' whose insights I’ve followed on YouTube and X. Matt has an exceptional knack for breaking down complex market data into understandable narratives. I have no affiliation with Matt, but his expertise in telling the story of a stock and market has significantly influenced my understanding of technical analysis.Learning from Matt:Visit Matt on YouTube hereVisit Matt on X hereImpressed by his approach, I decided to invest in Matt’s course to deepen my knowledge of technical analysis and market patterns. Matt's course offers detailed video lessons on various technical indicators and trading strategies, focusing on market symmetry — recognizing consistent patterns that indicate potential buying or selling opportunities at support and resistance levels.Matt’s Unique Perspective: When I asked Matt about his edge in trading, he highlighted his ability to identify market symmetry across different charts, which he believes is crucial for trading without emotion. This skill allows him to execute trades based on solid analytical foundations rather than speculative guesses.Why This Matters: Understanding the narrative that charts and market data present can transform how new traders perceive and react to market conditions. This approach not only aids in developing a strategic edge but also aligns with the lessons from the free Wiki guide by providing a structured method to interpret market dynamics.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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34
My First Day Trading Strategy - Finding An Edge
Welcome back to the "Day Trading for Beginners" podcast. Today, we reveal the first day trading strategy I'm exploring.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintThe WIKI: Download it here (There may be newer versions you can search for on the forum)Resource: Relative Strength and Weakness ExplainedTransitioning from Basics to Strategy: Having established a solid foundation over the initial six months, which covered everything from setting up a brokerage and paper trading account to understanding the basics of stocks, options, and technical analysis, the question now is: what's next? How do I decide on a strategy for making trades?Choosing My First Strategy: The strategy I've decided to start with comes from the founder of the ReaDayTrading Reddit group, named Hari. He has created a comprehensive guide, or Wiki, which is completely free and appears to offer transparent, valuable insights into day trading. The Trading Strategy: This strategy revolves around following the big moves in the market, specifically what large institutions are doing. The theory is that by understanding and mimicking the actions of these major players, smaller traders can find success. "The edge of this strategy lies in closely tracking the actions of big institutions. These entities have the financial power to significantly influence market movements, and by aligning with their trades, you can leverage their market impact to your advantage."Exploring Further Strategies: While I begin with this strategy, I'm also looking into another strategy by a trader named Matt, known as 'The Great Mattsby'. I'll share more about this and compare the two approaches in future episodes, providing insights into why different strategies might appeal to different traders.Download Resources and Subscribe: Visit StokesTrades.com/blueprint to download the 6 Month Blueprint for free and subscribe to the podcast to not miss out on forthcoming episodes detailing real day trading strategies and educational content.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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33
Season 2 Premiere - It's Time to Learn a Strategy
Hi, I'm Tyler Stokes, and I'm thrilled to welcome you back to the "Day Trading for Beginners" podcast. If you're a new listener, I recommend starting with Season 1 and downloading the 6 Month Blueprint to catch up on all we've covered. For those who've been with us, welcome to the next phase where we'll focus on actual day trading strategies.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintThe WIKI: Download it here (There may be newer versions you can search for on the forum)Recap and Introduction: Season 2 is all about moving forward with what we've learned and applying it to day trading strategies. If you're just joining us and feel new to the scene, it's crucial to start from the beginning to build a solid foundation. The 6- Month Blueprint outlines all the essential steps from setting up a brokerage account to understanding the basics of technical analysis.Strategy Exploration: The primary goal for this season is to transition from understanding technical tools to learning a trading strategy. We'll explore various strategies, starting with an approach from the RealDayTrading Reddit group's Wiki, which I've found to be a robust starting point.Paid Resources: While the initial learning phase can be done for little to nothing, there comes a time when investing in more detailed courses or tools may be beneficial. I'll share my experiences with paid resources that can offer deeper insights into specific strategies or technical setups as the season progresses.Mindset and Expectations: It's crucial to maintain a balanced approach between eagerness to progress and realistic pacing. The journey to becoming a proficient trader can take years, and it's important to pace yourself according to your life's commitments and time availability.Looking Ahead: In the next episodes, I'll review the specifics of the strategies I'm exploring, including insights from the Wiki and additional resources that may involve some costs but offer substantial educational value IMO. We'll discuss how these strategies can be integrated and adapted to suit individual trading styles and goals.Stay Tuned: Thank you for joining me as we kick off Season 2. Be sure to subscribe to the podcast. I look forward to sharing more about my trading strategy explorations and learning experiences in upcoming episodes.Join Us: Remember to join our free community on Skool for more interactive discussions and shared learning experiences. Here's to a productive season of trading insights and strategy development! See you in the next episode.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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32
The 6 Month Blueprint UPDATE - Season 1 Finale
Welcome to episode 32 of the "Day Trading for Beginners" podcast, the finale of our first season! Today I'll be recapping our journey since starting in January 2024. I'll share some valuable resources and my personal reflections on how things have gone.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintRecap of the Season: We started this journey in January 2024, and now, 6 months later, we're taking a moment to review the progress. This episode will dive into the major steps and topics we've covered, reflecting on what has worked and the lessons learned.Blueprint for Success: If you haven't already, I highly recommend downloading the 6 Month Blueprint. This document outlines every step I've taken and includes links to all the content created, along with the free courses available on our community platform on Skool. It's completely free and a great tool to stay updated with all the latest revisions and helpful tips.Personal Journey and Future Plans: As we wrap up the first season, I'll share how my personal commitments and my schedule constraints have influenced my learning pace and study habits. These might be relatable to your personal schedule.Season 2 Preview: The podcast will resume on September 2nd, marking the start of Season 2. During the break, I’ll be preparing new content and updating our strategy based on the insights and feedback from Season 1. Expect more detailed discussions on technical analysis, options trading, and possibly new trading strategies that align with our growing skills and market insights.Join Our Community: Don’t forget to join our community on Skool, where you can access all the resources discussed, interact with fellow learners, and find accountability partners to keep you motivated. It’s a great place to share your progress and learn from others’ experiences. You can join for free here. Stay Connected: Make sure to subscribe to the podcast to get notified when we return for Season 2. All the links and additional resources mentioned in today’s episode are found in the Blueprint. Thank you for tuning in, and I look forward to kicking off the next phase of our trading journey together in September. Happy studying, and see you soon!Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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31
Technical Analysis for Beginners - Resources to Help You Get Started
Welcome to episode 31 of the "Day Trading for Beginners" podcast. Today, we're taking a step back to review all the fundamental concepts of technical analysis we've explored so far. This recap will prepare us for the upcoming season finale and help solidify your understanding of the various tools and strategies we've discussed.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintContent Hub Page on Technical AnalysisTechnical Analysis of the Financial Markets (Textbook)Free Charting Software - TradingView.comTopics Covered:Introduction to Technical Analysis: Comparison between technical and fundamental analysis. Key principles of technical analysis: price action, trends, and historical patterns.Candlestick Patterns: Basics of reading candlestick charts and understanding the market sentiment they convey.Trends and Trend Lines: Importance of identifying trends and how to accurately draw trend lines to forecast market movements.Support and Resistance Levels: Techniques for determining where the market will likely encounter support or resistance.Technical Indicators and Oscillators: Discussion on tools like RSI, MACD, and moving averages that help predict future market movements.Volume Analysis: The role of trade volume in confirming trends and providing insights into market strength.Chart Patterns: Introduction to patterns like head and shoulders, which indicate potential market reversals.Elliott Wave Theory: Overview of Elliott Wave Theory for forecasting market trends based on investor psychology.Conclusion: This episode serves as a foundation to reinforce your knowledge and ensure you have a solid understanding of the tools and strategies discussed throughout the season. Whether you're a new listener or need a refresher, this recap will provide you with the insights needed to refine your trading techniques.Season 1 finale episode is next! Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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30
Elliott Wave Theory for Beginners - Intro to the Fibonacci Numbers
Welcome to episode 30 of the "Day Trading for Beginners" podcast. Today, we talk about Elliott Wave Theory, an intriguing concept in technical analysis that could enhance your trading strategies.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintFull Article: https://stokestrades.com/elliott-wave-theory/What You Will Learn:Basics of Elliott Wave Theory and its application in the markets.Understanding impulse waves and corrective waves.Integration of Fibonacci ratios with Elliott Wave Theory for predicting market movements.Key Takeaways:Elliott Wave Theory offers a structured way to understand market dynamics through wave patterns.Combining Elliott Wave Theory with Fibonacci tools provides a powerful framework for forecasting market trends and making informed trading decisions.Practical application through resources and live trading examples helps in grasping the complex concepts of the theory.Conclusion: Elliott Wave Theory is a compelling analytical tool for traders looking to understand deeper market trends and enhance their trading strategy. While it may appear complex, resources and practical examples can simplify its application for day trading.Resources: TSLA Tracker on X: https://x.com/SBZungSlideshow Presentation: Fibonacci PinballEducational Site: https://www.elliottwavetrader.net/Charting Software: https://TradingView.comSend me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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29
90% Failure Rate? Here's Why It Doesn't Matter
Welcome to a special bonus episode of the "Day Trading for Beginners" podcast. Today, we address a vital question from our community regarding the perceived high failure rate in day trading and whether it should deter aspiring traders.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Resources:Download the 6 Month Blueprint: https://stokestrades.com/blueprintYouTube Video: David Goggins: How to Build Immense Inner StrengthKey Takeaways:Day trading, like any high-skill profession, requires dedicated learning and practice.The perceived high failure rate should not deter motivated individuals who are prepared to invest in their education and manage risks effectively.Engaging with a supportive community can enhance learning and increase chances of success.Conclusion: While day trading presents significant challenges, understanding and navigating these with the right tools and community support can lead to rewarding outcomes. This episode demystifies the journey and encourages traders to pursue their passion with informed strategies and support.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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28
Chart Patterns for Beginners - The Head and Shoulders Pattern Explained
Welcome to episode 28 of the "Day Trading for Beginners" podcast. Today, we explore the concept of chart patterns, focusing on one of the most reliable patterns known as the head and shoulders pattern. This episode will serve as an introduction to chart patterns, providing insights into their formation and implications.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTextbook Recommendation: Technical Analysis of the Financial MarketsWhat You Will Learn:Introduction to chart patterns, particularly the head and shoulders pattern.Understanding the reliability and implications of recognizing such patterns.Resources for further learning and visualization of chart patterns.Key Topics Discussed:Overview of Chart Patterns:Definition and importance of chart patterns in technical analysis.Introduction to the head and shoulders pattern as a key reversal pattern.Head and Shoulders Pattern:Detailed explanation of the head and shoulders pattern formation.Understanding the components: left shoulder, head, right shoulder, and neckline.Implications of the pattern on trading and market trends.Resources for Further Learning:Recommendation of the textbook "Technical Analysis of the Financial Markets" for deeper insights.Encouragement to check visual resources on YouTube and other platforms for better understanding.Check out the full article here: https://stokestrades.com/chart-patterns-and-reversalsConclusion: Chart patterns like the head and shoulders provide significant insights into market trends and potential reversals. Understanding these patterns can enhance your trading strategies and decision-making process.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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27
Volume Analysis for Beginners - An Intro to Volume and the VWAP Indicator
Welcome to episode 27 of the "Day Trading for Beginners" podcast. Today, we discuss volume analysis, an essential aspect of trading that goes hand-in-hand with price movements. After discussing technical indicators in our last episode, today's focus shifts to understanding volume and its implications on trading, specifically through the volume weighted average price (VWAP).Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions. Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWatch the Video Here: https://youtu.be/FGzRClvw-30What You Will Learn:Basics of volume in trading.Detailed exploration of the Volume Weighted Average Price (VWAP) indicator.How volume can influence trading decisions.Key Topics Discussed:Introduction to Volume Analysis:Understanding the role of volume in trading.The significance of volume in assessing market trends and reversals.Volume Weighted Average Price (VWAP):Explanation of VWAP and its calculation.Practical applications and how it differs from other volume indicators.Implications of Volume in Trading:How volume can confirm trends or signal potential reversals.Divergence between volume and price movements and what it indicates.Recommended Resources:Visit our YouTube channel for visual explanations of volume analysis and indicators.Download the 6 Month Blueprint from StokesTrades.com/blueprint for a comprehensive guide and additional resources used in my trading journey.Full article with table and images: https://stokestrades.com/volume-analysisConclusion: Understanding volume alongside price action is crucial for making informed trading decisions. Volume analysis, particularly through indicators like VWAP, provides deeper insights into market dynamics and helps traders gauge the strength and potential sustainability of price movements.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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26
Technical Indicators and Oscillators - Moving Averages, RSI and MACD (Intros)
Welcome to episode 26 of the "Day Trading for Beginners" podcast. In this episode, we talk about the basics of technical indicators and oscillators, essential tools for anyone interested in technical analysis. We'll focus on 3 popular indicators: Moving Averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD).Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWatch the video on YouTube: https://youtu.be/PhzO7iTBoMsWhat You Will Learn:What technical indicators and oscillators are and how they aid in trading decisions.A brief look at Moving Averages, RSI, and MACD.Key Topics Discussed:Technical Indicators and Oscillators:Definition and importance in day trading.Explanation of how indicators and oscillators assist in analyzing past and current price actions to predict future movements.Moving Averages:Overview of simple and exponential moving averages.How they smooth price data to show trend directions.Usage in identifying trends and potential support and resistance levels.Relative Strength Index (RSI):Introduction to RSI as an oscillator.How it measures the speed and changes in price movements.Interpreting overbought and oversold conditions through RSI values.Moving Average Convergence Divergence (MACD):Exploration of MACD's components: the MACD line, signal line, and histogram.How MACD indicates changes in stock price momentum and direction.Practical tips on using MACD for spotting buy and sell signals.Recommendations for Further Learning:Subscribe to the YouTube channel for detailed visual guides and examples on using these technical indicators.Join our community on Skool where all content is structured in course format, alongside podcasts and videos for an integrated learning experience.Download the 6 Month Blueprint from https://stokestrades.com/blueprint to follow a structured path through technical analysis and day trading.Understanding and utilizing technical indicators and oscillators is crucial for making informed trading decisions. While this podcast provides an introduction, further study and visual learning through videos will enhance your ability to effectively use these tools.Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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25
Support and Resistance for Beginners - A Foundational Component of Technical Analysis
Welcome back to the "Day Trading for Beginners" podcast! I'm Tyler Stokes, and today in episode 25, we discuss the basics of support and resistance, essential concepts in technical analysis for anyone aspiring to become a full-time day trader. If you're new to trading this episode is your stepping stone towards strategy.Join the Free Trading CommunityJoin our free trading community (full course + weekly live Q&A):👉 https://skool.com/tradingInside the community you’ll find the full Momentum Trading Strategy course, plus weekly live Q&A sessions.Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.Download the 6 Month Blueprint: https://stokestrades.com/blueprintIn This Episode:Introduction to Support and Resistance: Learn what these terms mean and why they're critical for successful trading.Practical Insights: Discover how to identify support and resistance levels and use them to make informed trading decisions.Key Points Covered:What are Support and Resistance? These are levels on a stock chart where prices tend to stop and reverse, acting as barriers that prevent the price of an asset from getting pushed in a certain direction.Psychology Behind the Levels: Understanding the market psychology that creates and sustains these levels.Practical Trading Strategies: How to use support and resistance to forecast potential price movements and plan your trades.Join Our Community:Join our free community on the Skool platform where you can share your trading journey, interact with fellow traders, and access all our podcasts and videos as free courses. Join on Skool here.Subscribe to the podcast for more insightful episodes aimed at helping you navigate the complexities of day trading. Stay tuned for our next episodes where we cover more components of technical analysis. Send me some feedback!Join Our Free Community on Skool:https://www.skool.com/trading
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ABOUT THIS SHOW
Welcome to "Stock Trading for Beginners," hosted by Tyler Stokes of StokesTrades.com. This podcast is a real-time chronicle of my journey in stock trading, focusing on a low-stress, momentum-based strategy that fits busy schedules. As I share my experiences, from a 144% portfolio gain in 6 months, to lessons learned over two years, I invite you to learn alongside me, exploring the triumphs and challenges of becoming a proficient trader.In "Stock Trading for Beginners," you’ll get an authentic, behind-the-scenes look at what it takes to succeed in stock trading. Each episode breaks down complex concepts into beginner-friendly lessons, emphasizing practical strategies that don’t require hours of daily market monitoring. From choosing a strategy that suits your lifestyle to mastering risk management and market dynamics, this podcast covers it all.What sets this podcast apart is its focus on real-world trading experience tailored for beginners. As a seasone
HOSTED BY
Tyler Stokes
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