Day Trading for Beginners
Welcome to "Day Trading for Beginners," hosted by Tyler Stokes of StokesTrades.com. This podcast is a real-time chronicle of my journey into the world of day trading, starting from the very basics. As I navigate this new venture, I invite you to learn alongside me, sharing both the triumphs and challenges that come with becoming a proficient day trader.
In "Day Trading for Beginners," you'll get an authentic, behind-the-scenes look at what it really takes to succeed as a day trader. Each episode is designed to demystify the process of day trading, breaking down complex concepts into manageable, beginner-friendly lessons. From the initial decision to trade, to setting up the right tools and strategies, this podcast covers it all.
What sets this podcast apart is its focus on learning through experience. As a seasoned affiliate marketer and entrepreneur, I approach day trading with a beginner's mindset, offering unique insights and honest reflections on each step of the journey. Whether it's dissecting YouTube tutorials, exploring online resources, or delving into technical analysis, I bring you along for every part of the process.
Listeners can expect:
- Practical insights into starting and succeeding in day trading.
- Honest reviews of resources, tools, and strategies.
- A step-by-step guide to building a solid foundation in trading.
- An engaging narrative of my personal day trading journey, including the ups, downs, and everything in-between.
"Day Trading for Beginners" is more than just a podcast - it's a community for aspiring traders to learn, grow, and succeed together. Join me, Tyler Stokes, as I take on the challenge of mastering day trading, and let's embark on this educational adventure together. Subscribe now and be part of this exciting journey!
Day Trading for Beginners
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.
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
What I Covered
- Momentum 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 Takeaways
- Momentum 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 Matters
Day 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 Thoughts
I 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!
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