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Stock Trading for Beginners
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 seasoned affiliate marketer and entrepreneur, I approach stock trading with a fresh perspective, offering honest reflections and actionable insights. Whether I’m sharing my momentum trading strategy, discussing patience in market cycles, or reviewing tools and resources, I bring you along for every step of the journey.
Listeners can expect:
- Practical insights into starting and succeeding in stock trading with a focus on momentum strategies.
- Honest reviews of tools, resources, and trading techniques.
- A step-by-step guide to building a sustainable trading foundation.
- An engaging narrative of my personal trading journey, including successes, challenges, and lessons learned.
"Stock Trading for Beginners" is more than just a podcast—it’s a community for aspiring traders to learn, grow, and succeed together. Join me as I share the strategies and mindset that have driven my success, and let’s embark on this educational adventure together.
Subscribe now and join our free Skool community at Skool.com/trading to start trading smarter!
Stock Trading for Beginners
My Mindset as I Start My Day Trading Journey + Phase 1 Update!
Welcome to episode 13 of the "Day Trading for Beginners Podcast". As we navigate our journey to becoming full-time day traders, this episode offers a recap of our progress and starts a discussion of the crucial aspect of mindset.
Note: This episode was originally released under the podcast name Day Trading for Beginners, now rebranded as Stock Trading for Beginners.
Resources:
Join our FREE Skool group: https://Skool.com/trading
Download the 6 Month Blueprint: https://stokestrades.com/blueprint
In This Episode, We Cover:
- Journey Recap: A review of our journey so far, from stock market basics to exploring various trading domains like stocks, bonds, ETFs, commodities, futures, short selling, options, and Forex.
- Brokerage Account: A teaser for the next episode, where we will discuss everything about choosing your brokerage account, a crucial step in actualizing your day trading aspirations.
- Mindset Matters: Discussing the significance of having the right mindset for day trading, emphasizing discipline, minimizing losses, and the importance of a strong psychological foundation.
- Common Failures: Exploring why many fail in day trading and how mindset plays a pivotal role in overcoming these challenges.
- Process of Wealth Creation: Introducing the five stages of wealth creation, from uninformed optimism to achievement, and the importance of perseverance through the "Valley of Despair."
- Personal Reflections: Sharing personal insights into my own weaknesses and how I'm addressing them to strengthen my day trading journey.
- Identifying as a Trader: The power of shaping your identity around your goals and how identifying as a trader can help solidify your commitment and discipline.
Closing Thoughts:
Mindset is a cornerstone of successful day trading. Understanding and addressing common pitfalls, alongside personal weaknesses, can significantly influence your trading outcomes. As we continue to learn and grow, embracing the identity of a trader is crucial for long-term success.
Subscribe:
Stay tuned as we transition into actionable steps, starting with choosing your brokerage account in the next episode. Subscribe for more insights into day trading strategies and join our community on Skool for support and accountability on your journey.
Resources Mentioned:
- 6-Month Blueprint: StokesTrades.com/blueprint
- Community on Skool: Join us for support and accountability.
- Next Episode: Detailed guide on choosing and setting up your brokerage account.
Thanks for listening to episode 13. Remember, day trading is not just about strategies and market analysis. It's also about building a resilient mindset and shaping your identity to align with your trading goals. See you in the next episode!
Join Our Free Community on Skool:
https://www.skool.com/trading