Day Trading for Beginners

Welcome to Season 2 Episode 9 of the "Day Trading for Beginners" podcast. I'm Tyler Stokes from StokesTrades.com, and as I progress in my journey to become a full-time day trader, I've been exploring various trading strategies. Today, I'll share more specifics about the strategy I'm currently learning, which is more aligned with swing and position trading, though it can be adapted for day trading as well.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting So...

Welcome to Episode 8 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com. As I journey towards becoming a professional day trader, I'm exploring various trading strategies, and in this episode, we'll compare day trading with swing and position trading.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereTraderSync Trading Journal: Visit the official website hereResources Mentioned: Market Symmetr...

Welcome to Episode 7 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, on my journey to becoming a full-time day trader. This episode, we're exploring my initial day trading setup as a beginner who's recently started paper trading.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereTraderSync Trading Journal: Visit the official website hereOur Free Community on Skool: See this post in our gro...

Welcome to episode 6 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, embarking on a full-time day trading journey. This episode, we're taking a brief pause from strategy discussions to talk about a fundamental concept every trader encounters: margin.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereTraderSync Trading Journal: Visit the official website hereOur Free Community on Skool: See...

Welcome to season 2 episode 5 of the "Day Trading for Beginners Podcast." This episode focuses on essential trading metrics: win rates and risk-to-reward ratios, crucial for evaluating the effectiveness of your trading strategy.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereTraderSync Trading Journal: Visit the official website here Our Free Community on Skool: See this post in our group here.Today’s Focus – Win Rates an...

Welcome to another episode of the "Day Trading for Beginners" podcast. In this short episode, we're going to talk about confluence. If you're just joining us, be sure to download the 6 Month Blueprint that offers a roadmap for your first steps as a day trader.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereThe WIKI: Download it here (There may be newer versions you can search for on the forum)Our Free Community on Skool: ...

Welcome to another episode of the "Day Trading for Beginners" podcast. In this season, we are discussing strategy. If you're just joining us, be sure to download the 6 Month Blueprint that offers a roadmap for your first steps as a day trader. Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereThe WIKI: Download it here (There may be newer versions you can search for on the forum)Exploring a New Strategy: Today’s episode foc...

Welcome back to the "Day Trading for Beginners" podcast. Today, we reveal the first day trading strategy I'm exploring. Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereThe WIKI: Download it here (There may be newer versions you can search for on the forum)Resource: Relative Strength and Weakness ExplainedTransitioning from Basics to Strategy: Having established a solid foundation over the initial six months, which covered...

Hi, I'm Tyler Stokes, and I'm thrilled to welcome you back to the "Day Trading for Beginners" podcast. If you're a new listener, I recommend starting with Season 1 and downloading the 6 Month Blueprint to catch up on all we've covered. For those who've been with us, welcome to the next phase where we'll focus on actual day trading strategies.Download the 6 Month Blueprint: https://stokestrades.com/blueprintTradingView Charting Software: Start a free trial hereResource: Technical Analysis for ...

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...

Welcome to episode 31 of the "Day Trading for Beginners" podcast. Today, we're taking a step back to review all the fundamental concepts of technical analysis we've explored so far. This recap will prepare us for the upcoming season finale and help solidify your understanding of the various tools and strategies we've discussed.Key Resources: Download the 6 Month BlueprintContent Hub Page on Technical AnalysisCommunity on Skool - Technical Analysis Course and Resources Technical Analysis of th...

Welcome to episode 30 of the "Day Trading for Beginners" podcast. Today, we talk about Elliott Wave Theory, an intriguing concept in technical analysis that could enhance your trading strategies.Download the 6 Month Blueprint: https://stokestrades.com/blueprintFull Article: https://stokestrades.com/elliott-wave-theory/What You Will Learn:Basics of Elliott Wave Theory and its application in the markets.Understanding impulse waves and corrective waves.Integration of Fibonacci ratios with Elliot...

Welcome to a special bonus episode of the "Day Trading for Beginners" podcast. Today, we address a vital question from our community regarding the perceived high failure rate in day trading and whether it should deter aspiring traders.Join Our Community Here: https://www.skool.com/day-trading-for-beginnersYouTube Video: David Goggins: How to Build Immense Inner StrengthKey Takeaways:Day trading, like any high-skill profession, requires dedicated learning and practice.The perceived high failur...

Welcome to episode 28 of the "Day Trading for Beginners" podcast. Today, we explore the concept of chart patterns, focusing on one of the most reliable patterns known as the head and shoulders pattern. This episode will serve as an introduction to chart patterns, providing insights into their formation and implications.Download the 6 Month Blueprint: https://stokestrades.com/blueprint Textbook Recommendation: Technical Analysis of the Financial MarketsWhat You Will Learn:Introduction to chart...

Welcome to episode 27 of the "Day Trading for Beginners" podcast. Today, we discuss volume analysis, an essential aspect of trading that goes hand-in-hand with price movements. After discussing technical indicators in our last episode, today's focus shifts to understanding volume and its implications on trading, specifically through the volume weighted average price (VWAP).Download the 6 Month Blueprint: https://stokestrades.com/blueprintWatch the Video Here: https://youtu.be/FGzRClvw-30Sign ...

Welcome to episode 26 of the "Day Trading for Beginners" podcast. In this episode, we talk about the basics of technical indicators and oscillators, essential tools for anyone interested in technical analysis. We'll focus on 3 popular indicators: Moving Averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD).Download the 6 Month Blueprint: https://stokestrades.com/blueprintWatch the video on YouTube: https://youtu.be/PhzO7iTBoMsSign up for TradingView...

Welcome back to the "Day Trading for Beginners" podcast! I'm Tyler Stokes, and today in episode 25, we discuss the basics of support and resistance, essential concepts in technical analysis for anyone aspiring to become a full-time day trader. If you're new to trading this episode is your stepping stone towards strategy. Download the 6 Month Blueprint: https://stokestrades.com/blueprintIn This Episode:Introduction to Support and Resistance: Learn what these terms mean and why they're critical...

Welcome to episode 24 of the "Day Trading for Beginners" podcast! In this episode, we're learning more about the fundamentals of technical analysis by exploring candlestick charts and trend lines. I'm Tyler Stokes, and I'm sharing my journey towards becoming a full-time day trader. If you haven't yet, download the 6 Month Blueprint:https://stokestrades.com/blueprintRelated Videos on YouTube:Candlestick Charts Video: Watch now.Trends and Trendlines Video: Watch now.In This Episode:Candlestick ...

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/blueprintIn This Episode:Technical Analysis vs. Fundamental Analysis: Understanding the differences and why technical analysis is crucial for day traders.Introduction to Price Actio...

Welcome to episode 22 of the "Day Trading for Beginners" podcast. In this episode, we're wrapping up our month-long journey into the fundamentals of options trading. As we near the end of April and prepare to learn about technical analysis and paper trading, it’s the perfect time to review everything we've learned about options. If you haven't yet, make sure to download The 6 Month Blueprint for becoming a full-time day trader: https://stokestrades.com/blueprintIn This Episode:Options Tr...

Welcome back to the "Day Trading for Beginners" podcast! Today's episode, number 21, introduces the basics of option spreads, a crucial topic for those new to trading options. As we approach the end of our comprehensive discussion on options, we're setting the stage for more advanced topics like technical analysis in upcoming episodes.Download the 6 Month Blueprint: https://stokestrades.com/blueprintWatch the video on YouTube: https://youtu.be/RBbbGrZiv8gAccess the full article: https://stoke...

Welcome to episode 20 of the "Day Trading for Beginners Podcast." Following our journey through options trading, we've explored buying and selling options and how their prices are determined. Now, it's time to understand the Greeks—key indicators that help predict how option prices might change.Download the Blueprint:Ensure you've downloaded the 6 Month Blueprint for an in-depth guide on our trading journey. It's available at StokesTrades.com/blueprintThis Episode Covers:Introduction to Optio...

Welcome back to the "Day Trading for Beginners Podcast," where we document the journey towards becoming a full-time day trader. Today we're pausing for a moment to reflect on the first 3 months of our journey. As we hit this milestone, it's a perfect time to assess our progress against the 6 Month Blueprint we've set out with and discuss the mental resilience required to pursue day trading or any ambitious goal.Download the 6 Month Blueprint: https://stokestrades.com/blueprintThis blueprint i...

Welcome to Episode 18 of the "Day Trading for Beginners Podcast". In this episode, we're talking about how options are priced. It's our third chat about options, building on previous ones about what options are and buying and selling them.Download: If you're walking the same path to become a full-day trader, don't miss my 6-month plan. You can find it at StokesTrades.com/blueprintWhat We Cover Today:Option Prices: Why do you pay what you do for options, whether buying puts or calls?In the Mon...

Welcome to episode 17 of the "Day Trading for Beginners Podcast." Today, we're continuing our exploration into the world of options trading. This episode can be considered part two of our introduction to options, focusing specifically on selling options, including both call and put options.Download my 6-Month Blueprint for becoming a full-time day trader:https://stokestrades.com/blueprintWatch the video version here: https://stokestrades.com/selling-options/In this episode, we talk about:Sell...

Welcome to episode 16 of the "Day Trading for Beginners Podcast." In today's episode, we review the definition of day trading and the critical role of trading psychology. Download my 6-Month Blueprint for becoming a full-time day trader:https://stokestrades.com/blueprintIn this episode, we cover:Understanding Day Trading: An exploration of what day trading truly entails, beyond the simplistic notion of buying and selling financial instruments within a single day. We discuss the speculative na...

Welcome to episode 15 of the "Day Trading for Beginners Podcast." I'm Tyler Stokes from StokesTrades.com. In this episode, we're reviewing the various order types for buying and selling stocks, a crucial aspect of day trading. As we continue our journey to become full-time day traders, understanding how to effectively use order types is a basic task we need to master.Download my 6-month blueprint for becoming a full-time day trader:https://stokestrades.com/blueprintWatch the YouTube Video Her...

Welcome to episode 14 of the "Day Trading for Beginners Podcast." I'm your host, Tyler Stokes, and today we're diving into a critical step for every aspiring day trader: choosing the right broker. Plus, I'll share the broker I've decided to use on my journey to becoming a full-time day trader.Don't forget to download the 6-month blueprint outlining all the steps I'm taking on this journey. Download it here: https://stokestrades.com/blueprint/This blueprint also grants access to our free...

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.Download My 6-Month Blueprint: Get a detailed guide to the steps I'm taking in my first six months of day trading. Available at StokesTrades.com/blueprintIn This Episode, We Cover:Journey Recap: A review of our journey so far, from stock market basics to exploring var...

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/blueprintIn this episode, we cover:Introduction to Forex Trading: We start with a beginner-friendly explanation of what the Forex m...

Welcome to episode 11 of the "Day Trading for Beginners Podcast." Today's episode is a beginner-friendly introduction to options trading. We're on a journey to become full-time day traders, and understanding options is a key part of this process.Download my 6-month blueprint for becoming a full-time day trader:https://stokestrades.com/blueprintIn this episode, we cover:Introduction to Options: Understanding what options are and how they function as contracts in the stock market.Types of Optio...

Welcome to episode 10 of the "Day Trading For Beginners Podcast." Today we're going to talk about short selling. If you've ever been baffled by the concept of short selling a stock, this episode is tailor-made for you. We're on a journey to become a full-time day trader, and understanding short selling is crucial.Download my 6-month blueprint for becoming a full-time day trader:https://stokestrades.com/blueprintIn this episode, we'll cover:What is Short Selling?: A beginner-friendly guide to ...

Welcome to episode 9 of the "Day Trading For Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, and in this episode we are talking about futures in trading. It is very much a beginner friendly discussion with lots of examples. Download the 6 Month Blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintIn this episode, we explore:What are Futures? An introduction to futures trading, focusing on a beginner-friendly explanation of what futures contracts are a...

Welcome to episode 8 of the "Day Trading For Beginners Podcast." I'm Tyler Stokes from StokesTrades.com, and in this episode, I'm excited to talk about the fascinating world of commodities. Join me on my journey to become a full-time day trader as we explore the essentials of commodity trading, perfect for beginners.Update: Download the 6 month blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintKey Topics Discussed:Introduction to Commodities:My insights i...

In this episode we talk about Exchange-Traded Funds (ETFs), a crucial element for any aspiring day trader. As we continue studying the basics of the stock market, we explore the essence of ETFs, offering a beginner-friendly discussion supported by examples from the AI tool Grok.Update: Download the 6 month blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintWhat We Cover in This Episode:Introduction to ETFs:Understanding ETFs as a blend of stocks and mutual fund...

In this episode, we talk about the fundamental concepts of bonds, an essential component of financial markets often overshadowed by the more glamorous stocks. This session is crucial for aspiring day traders seeking to broaden their financial knowledge base.Update: Download the 6 month blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintKey Topics Explored:Understanding Bonds:Definition and basic concept of bonds as loans to large organizations like governments ...

Welcome to Episode 5 of the "Day Trading For Beginners Podcast." In this episode, we're kick-starting our journey into the world of day trading with a beginner-friendly deep dive into the basics of the stock market and stocks.Update: Download the 6 month blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintKey Highlights:Understanding Stocks: Learn what stocks, also known as shares or equities, truly represent – ownership in a company. Discover a practical way to...

Before diving into real action, I explore the common pitfalls and mistakes that beginners, including myself, should avoid in day trading. This episode is crucial for anyone at the starting line of their day trading path, offering insights into what not to do to ensure a smoother and more successful journey.Update: Download the 6 month blueprint I'm following as a beginner day trader:https://stokestrades.com/blueprintKey Topics Discussed:Common Day Trading Pitfalls:The temptation and risks of ...

In this episode, I explore a unique perspective on day trading - using AI, specifically ChatGPT, to devise a two-year blueprint for becoming a successful day trader. After outlining my six-month plan in the previous episode, I review how AI recommendations align with and expand upon it, emphasizing the journey's gradual and disciplined nature.Update: Download the 6 month blueprint I'm following as a beginner day trader: https://stokestrades.com/blueprintKey Topics Discussed:Overview of AI-Gen...

Hi everyone, Tyler Stokes here, and welcome to episode two of the "Day Trading for Beginners" podcast. In this episode, I'm diving into my comprehensive blueprint for the initial six months of my day trading journey. It's early 2024, a time of new beginnings and bold ambitions, and I've just embarked on a path to becoming a day trader.Update: Download my 6 month blueprint here: https://stokestrades.com/blueprintI kick off the episode by sharing my initial steps, including navigating the overw...

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/blueprintTradingView Charting Software: Start a free trial hereTraderSync Trading Journal: Visit the official website hereOur Free Community on Skool: See this post in our group here.As I approach my 40th birthday later this year, I've s...