Day Trading for Beginners

Hello and welcome to the very first episode of "Day Trading for Beginners."
I'm Tyler Stokes from StokesTrades.com, and I'm thrilled to share my journey into day trading with you.
Updated Resources:

Download the 6 Month Blueprint: https://stokestrades.com/blueprint
TradingView Charting Software: Start a free trial here
TraderSync Trading Journal: Visit the official website here
Our Free Community on Skool: See this post in our group here.
As I approach my 40th birthday later this year, I've set myself a new challenge: to master day trading before I turn 50. This podcast is my personal diary, where I'll share every step of my journey - the successes, the setbacks, and all the lessons learned along the way.
In this introduction, I'll give you a glimpse into my background as an affiliate marketer and entrepreneur. I've spent the last 15 years building content websites and teaching others about affiliate marketing. Now, I'm venturing into new territory as a day trading novice, just like you might be. I was inspired to take this leap by a pivotal video that posed a life-altering question: "What would you do if you couldn't fail?" For me, the answer was clear - day trading.
This podcast is not just about learning to trade stocks - it's about the journey of transformation and the mindset required to succeed. I'll share insights on how to set realistic goals, the importance of patience, and why there's no shortcut to success. You'll learn with me, from the ground up, as I build a strong foundation in day trading without cutting any corners.
Why share this journey publicly?
Because teaching others helps reinforce my own learning – it's the protege effect. Plus, I want to offer a unique perspective that's often missing in day trading education - that of a true beginner. I'm in your shoes, facing the same challenges and learning curve, and I hope my experiences will be as helpful to you as they are to me.
As we kick off this adventure, let's set some realistic expectations. Success in day trading, like any skill, takes time. I'm prepared for the long haul, committed to learning, and eager to share every step of the way with you.
So, if you're curious about day trading, looking for a beginner-friendly guide, or just interested in following someone's journey of growth and learning, this podcast is for you. Subscribe to join me on this exciting venture. Together, we'll explore the world of day trading, one episode at a time.

Website and Other Social Accounts:

https://stokestrades.com/

https://www.youtube.com/@StokesTrades
Join Our Free Community on SKOOL:

https://www.skool.com/day-trading-for-beginners

Welcome to episode 12 where we talk about Forex trading. I'm your host, Tyler Stokes, and as we wrap up the first phase of our journey into day trading, we're exploring the basics of the Forex market—a market to consider for anyone looking to become a full-time day trader.
Download my 6-month blueprint to kickstart your day trading journey:

https://stokestrades.com/blueprint

In this episode, we cover:

• Introduction to Forex Trading: We start with a beginner-friendly explanation of what the Forex market is and how it operates, using a fun analogy provided by the AI tool Grok.
• Understanding Currency Pairs: Learn about the basics of currency pairs, including the base and quote currencies. We discuss how traders make money by predicting the movement of these pairs and how leverage can both amplify profits and losses.
• Leverage in Forex Trading: A key concept in Forex trading, leverage allows traders to control large positions with a relatively small amount of capital. We explore the potential benefits and risks associated with using leverage.
• Why Forex is Popular Among Beginners: Discover why the Forex market is attractive to beginner day traders, including low entry barriers, the flexibility of a 24-hour market, and the high liquidity that reduces the cost of trading.

Closing Thoughts:

Forex trading offers an exciting opportunity for day traders to diversify their portfolio and engage in the world's largest financial market. While it comes with its own set of challenges, understanding the basics is the first step toward successful trading.
Read and Watch the Video:

https://stokestrades.com/forex-trading/

Subscribe:

Don't miss out on the next phase of our day trading journey, where we'll recap our learning and take the next steps toward opening a brokerage account. Subscribe to the podcast for more insights into day trading strategies and visit StokesTrades.com for additional resources and support.

Website and Other Social Accounts:

https://stokestrades.com/

https://www.youtube.com/@StokesTrades
Join Our Free Community on SKOOL:

https://www.skool.com/day-trading-for-beginners

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.
After this episode, we'll take a break for July and August, but don't worry, we'll be back live on September 2nd.
Download the 6 Month Blueprint: https://stokestrades.com/blueprint
***All resources and links mentioned are found in the Blueprint. Download it for free here.***
Recap 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!

Website and Other Social Accounts:

https://stokestrades.com/

https://www.youtube.com/@StokesTrades
Join Our Free Community on SKOOL:

https://www.skool.com/day-trading-for-beginners

Welcome to episode 23 of the "Day Trading for Beginners" podcast. This is our first Technical Analysis episode. As we transition from our extensive exploration of options, the next two months will be dedicated to mastering technical analysis.
Don't forget to download the 6 Month Blueprint:
https://stokestrades.com/blueprint
In This Episode:

• Technical Analysis vs. Fundamental Analysis: Understanding the differences and why technical analysis is crucial for day traders.
• Introduction to Price Action: Exploring the concept of price action and its significance in predicting market movements.
• Setting Expectations: Preparing for the intensive study required to grasp technical analysis and its applications in trading.

Key Points:

• Understanding Technical Analysis: Discover what it is and the main components we will be studying in the future.
• The Importance of Price Movements: Learning to focus on price action rather than getting bogged down by the overwhelming amount of market data.

Additional Resources:
Book Recommendation: Technical Analysis of the Financial Markets
(This is an Amazon affiliate link)

• 6-Month Blueprint: Check out the detailed plan for becoming a full-time day trader in the show notes or at StokesTrades.com/blueprint.
• Join Our Community: Engage with other aspiring traders in our free community on school, where you can share your journey and learn together. Join for free here.

Read the full article here:

https://stokestrades.com/technical-analysis-vs-fundamental-analysis
Watch on YouTube:

https://youtu.be/xJHKxfEMw2Y

Subscribe to this podcast for more discussions as we continue our journey into the world of day trading. In the next few episodes we'll look into the tools and techniques of technical analysis, focusing on charts, candlesticks, volume, and more. Stay tuned!

Website and Other Social Accounts:

https://stokestrades.com/

https://www.youtube.com/@StokesTrades
Join Our Free Community on SKOOL:

https://www.skool.com/day-trading-for-beginners

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.

Download the 6 Month Blueprint: https://stokestrades.com/blueprint
TradingView Charting Software: Start a free trial here
TraderSync Trading Journal: Visit the official website here
Resources Mentioned:

Our Community on Skool: Come join us here

The Miracle Morning: Order on Amazon

Find 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 Method

Today, I want to share the Miracle Morning method, which can revolutionize your mornings and can be adapted for trading. The method includes:

1. 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.
2. Affirmations (A): Reinforce your trading goals and mindset with positive affirmations. These help solidify your commitment and focus.
3. Visualization (V): Picture your trading day unfolding successfully, which can help manifest these outcomes in reality.
4. Exercise (E): A brief physical activity can energize you and enhance mental clarity.
5. Reading (R): Spend a few minutes reading something educational or motivational to expand your trading knowledge.
6. Scribing (S): Journaling your trading plan and reflections can improve discipline and track progress.

Implementing the Routine

This 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 Realities

Life’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 Ahead

Throughout 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

Website and Other Social Accounts:

https://stokestrades.com/

https://www.youtube.com/@StokesTrades
Join Our Free Community on SKOOL:

https://www.skool.com/day-trading-for-beginners