Episodios

  • From Panic to Profit - What Tesla’s $101 Drop Teaches Newbies
    Mar 31 2025

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    Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and today I’m digging into why markets wear you down and breaking down support zones for new traders. I recorded this on Monday, March 24, 2025—a green day after a rough month. In my last episode, I talked about liquidity grabs, predicting March might end with a rebound. Before that, I covered market structure and high-timeframe support. Now, as we head into April, I’m tying it all together—did March’s dip hold as a base? By the time you hear this, we’ll know if the market bounced back. Either way, I’m here to explain why these ups and downs test your patience and how understanding support zones can keep you sane.


    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

    • Why Markets Exhaust You: How constant testing of support zones messes with your head.
    • Support Zones 101: What they are and why they’re key for beginners.
    • Famous Quotes: Wisdom from Warren Buffett and John Maynard Keynes to guide you.
    • Capitulation Explained: What it looks like when traders give up—and why it might signal a bottom.
    • Real Example: My own Tesla capitulation moment in 2023 and what I learned.


    Key Takeaways

    • Markets wear you down by repeatedly testing support zones—think of them as invisible floors (e.g., $45 for a stock) where buyers step in, but the price keeps dipping back to test it. It’s like a ball bouncing over and over, asking, “Will this hold?”
    • I love Warren Buffett’s line: “The stock market is a device for transferring money from the impatient to the patient.” If you panic-sell at $45 fearing a drop to $40, patient traders win when it rebounds to $48 or higher.
    • Then there’s John Maynard Keynes’ warning: “The market can remain irrational longer than you can remain solvent.” If $45 breaks and drops to $35 for months, you might run out of cash or nerve—especially on margin.
    • Capitulation is when everyone panics and sells (e.g., a break from $45 to $40, then $30). It’s scary, but often marks a bottom—like Tesla’s $101 low in January 2023 after a 65% drop, only to rebound to $173 by month-end. I sold some shares there and learned the hard way!
    • Right now, March 24th feels like a test. If support holds and we’re green into April, it’s a win for patience over panic—maybe even a liquidity grab bottom from last episode.


    Why It Matters

    Trading’s a mental game as much as a numbers game. Markets test support to shake out the impatient—market makers love this, scooping up cheap shares while we fret. For beginners, knowing this helps you stay calm, spot patterns, and avoid selling low or betting too big. Experience matters—my Tesla flop taught me

    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

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    20 m
  • Liquidity Grabs and Market Makers - Decoding Market Tricks
    Mar 17 2025

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    Hi and welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 3. Today, I’m talking about liquidity grabs and market makers—two concepts that might sound mysterious but are key to understanding wild price swings. If you’ve ever wondered what a liquidity grab is or who these “market makers” are that people keep talking about, I’ve got you covered.


    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

    • Liquidity Grabs Explained: What they are, why they happen, and how they look on a chart.
    • Market Makers Unmasked: Who these big players are and how they pull the strings.
    • Triggers: How stop-loss orders and leverage liquidations fuel these moves.
    • Real-World Context: Why March 2025’s sell-off might just be a scare tactic by market makers.
    • Beginner Tips: How to spot these patterns and avoid panic-selling or chasing highs.


    Key Takeaways

    • I define a liquidity grab as a sharp price detour—dropping below support or spiking past resistance—to scoop up shares or cash, then snap back like nothing happened. Picture a net grabbing what’s available!
    • These moves often tie to stop-loss orders (e.g., a $49.50 stop below $50 support triggers a sell-off) and leverage liquidations (e.g., Bitcoin dropping from $100K to low $70Ks forces margin sales).
    • Market makers are the heavy hitters—like Citadel Securities, big banks (JPMorgan, Goldman Sachs), or exchange specialists—keeping markets flowing with deep pockets and fast tech. They spot order clusters and push prices to trigger them, grabbing shares cheap or selling high.
    • Right now, I see this in action: Bitcoin’s fall to the $70Ks and Tesla’s dip to the low $200s might be market makers scaring retail traders into selling low—only to rebound later.
    • My advice? Don’t panic-sell at support or chase all-time highs—understanding this can turn confusion into opportunity.


    Why It Matters

    After a year of studying charts, I’ve learned these swings aren’t random. Market makers exploit fear and greed, especially in the short term, to profit or manage inventory. For beginners, grasping this helps you see past the noise—whether it’s a news scare or a sudden drop—and stick to your strategy. Long-term, fundamentals win, but short-term, these players can shake things up!


    Final Thoughts

    I hope this clears up liquidity grabs and market makers for you! It’s wild to think this month’s sell-off could just be a big wick by April—proof that fear doesn’t always mean a bear market. (Not financial advice—just my take!)


    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

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    22 m
  • Market Structure 101 - A Beginner’s Guide to Reading Trends
    Mar 10 2025

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    Welcome back to the "Day Trading For Beginners" podcast! In this episode we're talking about the essentials of market structure - a foundational concept for traders at any level. Whether you’re just starting out or sharpening your skills, I’ll show you how understanding market structure can turn chaotic price charts into a clear story of trends, reversals, and opportunities.


    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

    YouTube Video: Coming Soon


    What You’ll Learn

    • Market Structure Basics: What it is and why it matters for beginners.
    • Key Terms: Higher highs, higher lows, break of structure (BOS), and change of character (CHoCH).
    • Trend Identification: How to spot uptrends, downtrends, and consolidation using simple examples.
    • Timeframe Impact: Why hourly, daily, or weekly charts tell different stories—and how to pick the right one for your strategy.
    • Practical Tips: How to start analyzing charts with free tools like TradingView and build confidence in your trades.


    Takeaway Quote

    “Market structure isn’t a mystery—it’s price showing you who’s boss: the buyers or the sellers.”


    Next Steps

    Grab a chart (try Apple or Tesla!), mark those highs and lows, and start decoding the story. Whether you’re day trading or swinging on higher timeframes, this episode gives you the tools to trade with clarity.


    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

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    20 m
  • Season 3 Premier - The Morning Routine for Trading Success
    Feb 10 2025

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    Welcome to the "Day Trading for Beginners" podcast, season three, episode one. Today we're talking about an effective morning routine for traders. As we embark on 2025, it's crucial to establish practices that enhance productivity and set a positive tone for the day, especially for those balancing trading with personal commitments.


    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

    The Miracle Morning: Order on Amazon

    Find My Script Here: https://stokestrades.com/morning-routine-for-traders/


    Why a Morning Routine?

    The reality is, many of us juggle multiple responsibilities alongside trading, which makes a disciplined start to the day even more valuable. A structured morning routine has transformed my productivity, a practice I honed while running my online business before transitioning to trading.


    The Miracle Morning Method

    Today, I want to share the Miracle Morning method, which can revolutionize your mornings and can be adapted for trading. The method includes:

    1. Silence (S): Start with meditation or deep breathing to calm the mind and reduce stress, crucial for avoiding emotional trading and just starting your day on the right path.
    2. Affirmations (A): Reinforce your trading goals and mindset with positive affirmations. These help solidify your commitment and focus.
    3. Visualization (V): Picture your trading day unfolding successfully, which can help manifest these outcomes in reality.
    4. Exercise (E): A brief physical activity can energize you and enhance mental clarity.
    5. Reading (R): Spend a few minutes reading something educational or motivational to expand your trading knowledge.
    6. Scribing (S): Journaling your trading plan and reflections can improve discipline and track progress.


    Implementing the Routine

    This routine doesn’t need to be lengthy; even a condensed version can significantly impact your trading mindset and effectiveness. Tailor it to fit your lifestyle and see how it transforms your productivity and trading discipline.


    Adapting to Realities

    Life’s unpredictabilities, like family commitments or unexpected illnesses, can disrupt our routines. It’s crucial to maintain a long-term perspective and adapt. Success in trading, like in any professional field, requires persistence and resilience.


    Looking Ahead

    Throughout this season, we will explore practical trading applications and share real-money trading experiences, documenting the journey in our community on Skool. Join us there for more detailed discussions and to share your progress.

    Thanks for tuning in to the first episode of season three. I'm excited

    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

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    28 m
  • Year In Review - Lessons from My Trading Journey (Season 2 Finale)
    Jan 9 2025

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    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.


    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


    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 for

    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

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    21 m
  • How to Become a Better Trader - Embracing Trading Obstacles with a Zen Approach
    Dec 2 2024

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    Welcome to Episode 11 of the "Day Trading for Beginners" podcast, titled "Embracing Trading Obstacles with a Zen Approach." I'm Tyler Stokes from StokesTrades.com, on my path to becoming a full-time trader. In this season we're talking about strategy and for those interested in the details of the strategy I'm using, check out our free community on Skool. For this episode I want to talk more about the mental side of implementing a strategy, and the two main points are identifying obstacles, and developing a "Zen" approach to trading...


    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

    The Obstacle is the Way - Amazon

    The Zen Trader - Amazon



    Trading Psychology: Our main topic today revolves around two significant concepts in trading psychology that I've encountered through my readings: "The Obstacle Is the Way" by Ryan Holiday, and "The Zen Trader." Both books offer profound insights into facing challenges not just as barriers but as opportunities for growth and mastery.


    The Stoic Philosophy in Trading: The idea that "The Obstacle Is the Way," draws from stoic philosophy, suggesting that what we often see as impediments to our success are actually the paths we need to take. Applied to trading, this means transforming trading challenges into opportunities for developing discipline, patience, and strategic mastery.


    Zen Approach to Trading: Alongside stoicism, we explore the Zen approach to trading, which emphasizes introspection and the calm acceptance of market conditions. This method helps in managing our responses to market volatility and maintaining discipline in our trading practices.


    Practical Trading Examples: In my own trading, I've identified specific obstacles such as impatience and overallocation. By acknowledging these challenges, I've begun to see them as areas for growth. Addressing these issues head-on helps in refining my trading strategies and improving my overall decision-making process.


    Introspection and Growth: I emphasize the importance of introspection in trading—understanding one's emotions, triggers, and habits is crucial for long-term success. Journaling trades and reflecting on trading decisions can significantly enhance one’s strategic approach.


    Conclusion: As we wrap up this episode, I reiterate that the true path to trading mastery involves understanding and leveraging one's personal trading obstacles. By adopting a Zen-like mindset and embracing stoic principles, traders can navigate the markets more effectively.


    For those looking to dive deeper, I recommend reading "The Zen Trader" and "The Obstacle Is the Way" to get a more comprehensive understanding of how these philosophies can fundamentally improve your trading psychology.


    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

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    21 m
  • The Hardest Part About Trading + Rules and Common Mistakes
    Nov 11 2024

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    Welcome to Episode 10 of the "Day Trading for Beginners" podcast. I'm Tyler Stokes from StokesTrades.com, and today, we're diving into the trading rules I'm adhering to, the common mistakes I've encountered, and the challenges of sticking to a strategy. This episode is crucial for anyone on the path to becoming a full-time day trader, offering insights into maintaining discipline amidst market pressures.


    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:

    Detailed Trading Rules and Mistakes: See this post in our group here.


    Key Trading Rules and Common Mistakes: Trading rules are foundational, yet adhering to them consistently is a struggle many traders face, myself included. Emotional trading, such as reacting impulsively to market changes or doubling down after losses, often leads traders astray. This is why starting with paper trading is vital—it allows you to experience these pressures without the financial fallout.

    Essential Trading Rules:

    1. Stick to Your Strategy: Discipline is what separates successful traders from those who fail. It’s about executing your strategy mechanically, without letting emotions get in the way.
    2. Never Chase Prices: Always let the price come to you. Engaging in FOMO leads to entering trades at suboptimal times.
    3. Limit Position Size: Never allocate more than 10% of your portfolio to a single trade. Adjust your investment based on the volatility and your confidence in the trade.
    4. Buy at Support and Sell at Resistance: Avoid trading in uncertain ranges. Clear support and resistance levels offer better probability for successful trades.
    5. Embrace Discomfort: Buying at support levels, especially during dips, can feel counterintuitive and uncomfortable, but it's often where the best opportunities lie.


    Implementing Rules and Handling Mistakes: Sticking to these rules is challenging, especially under real market conditions where emotional trading can lead to rash decisions. On Halloween, I was reminded of this when I attempted to buy at what I believed were support levels, only to see the market continue to fall. This experience underscored the importance of not only setting rules but rigidly following them to avoid common pitfalls like overtrading and emotional reactions.


    Conclusion: In trading, the technical skills required to analyze the market are crucial, but the ability to maintain a disciplined mindset is equally important. Through paper trading, I've been able to practice and refine my approach without financial risk, preparing me for real-world trading where stakes are higher.

    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

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    16 m
  • The Strategy I'm Seeing Results With - How it Works
    Nov 4 2024

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    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/blueprint

    TradingView Charting Software: Start a free trial here

    TraderSync Trading Journal: Visit the official website here


    Resources Mentioned:

    Market Symmetry Strategy Explained: See this post in our group here.


    Market Symmetry Strategy: The core of this strategy revolves around market symmetry, recognizing patterns that repeat over time. Key components include:

    • Entry Points: Buy at support levels or after a backtest of a breakout.
    • Trading Philosophy: Focuses on buying during pullbacks to support levels, utilizing patterns to guide trading decisions without emotional interference.


    Tools and Indicators: To implement this strategy effectively, I use several technical tools:

    • Ichimoku Clouds: Provides a visual representation of support and resistance.
    • Fibonacci Retracements: Helps identify potential reversal points.
    • Gann Charts: Used to observe market symmetry and predict future price movements.
    • Market Structure Analysis: Understanding overall bullish or bearish trends to make informed trading decisions.


    Learning from a Pro: I've been learning this strategy from a professional trader known as The Great Mattsby, whose insights on market symmetry have been invaluable. For those interested, I've included links to his resources and Patreon in this write up.


    Practical Application: Practicing this strategy in my paper trading account has been immensely beneficial. It's one thing to study a strategy, but applying it practically offers a whole new level of understanding and skill development.


    Next Steps: In the upcoming podcast episodes, I'll share my experiences applying these strategies, focusing on the rules I've followed and the common mistakes encountered during live trading sessions.

    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

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    20 m