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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
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.
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
Lessons Learned
The 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 Strategies
In 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 Mentorship
Finding 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 2025
As 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 Thoughts
For 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 Trading for Beginners" podcast.
Join Our Free Community on Skool:
https://www.skool.com/trading