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
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.
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Resources Mentioned:
Portfolio updates: Trading Challenge 2025
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What 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.
Website and Other Social Accounts:
https://stokestrades.com/
https://www.youtube.com/@StokesTrades
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https://www.skool.com/day-trading-for-beginners