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.

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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!

Send me some feedback!

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Welcome back to the Day Trading For Beginners podcast! I’m Tyler Stokes from StokesTrades.com, and this is Season 3, Episode 5—a special one! Today, I’m sharing my real money trading challenge, where I’m putting cash on the line to test my strategy. I’m documenting every step, and you can follow along.

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What I Covered

• The Challenge: I’m trading real money with my momentum strategy—fully transparent.
• Strategy Basics: It’s about buying support, selling resistance.
• Rules & Goals: Five core rules to keep me disciplined, plus a Tesla benchmark.
• Why Now: Volatile markets could be my chance—or my downfall.
• Follow Along: Updates in my Skool group—trades, wins, losses, and lessons.

Key Takeaways

• I’m kicking off today, April 7, 2025, with a market symmetry strategy (details in my Skoo group). Every trade—entries, exits, wins, losses—goes public there. Total transparency!
• My five rules: 1) Stick to the strategy, 2) Never chase price, 3) Limit position size, 4) Buy at support, sell at resistance, 5) Stay uncomfortable—buy when it’s tough. More in the group!
• The fun part: Can I outperform Tesla stock by December 31, 2025? I sold some Tesla shares to fund this (not bearish—just wanted to raise cash!).
• Why now? Markets are shaky—S&P’s dropping, tariffs are looming, fear’s everywhere. For a momentum trader, these dips might be golden if I time support zones right.
• Not financial advice! I’m a beginner, not an advisor. This is my journey—watch, learn, but trade your own way.

Why It Matters

This challenge is about discipline—sharing every trade keeps me honest (no FOMO slip-ups!). It’s also about teaching—if you’re new, you might pick up something useful. Markets are wild, but I’m betting on patience and smart moves. I’ll lean on analysts for ideas, but every trade’s my call. Good or bad, you’ll see it all—I’m learning as I go!

Final Thoughts

I’m excited to launch this challenge! Will I beat Tesla? Honestly, I’m not sure—Tesla’s my biggest holding, and I think it’ll soar by year-end (not advice!). But this is about testing my skills, staying disciplined, and sharing the ride. Join me in my Skool group for weekly trade updates and monthly portfolio check-ins, wrapping up December 31st. Thanks for listening—let’s see how this goes!

Send me some feedback!

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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.

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Resources Mentioned:

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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 ta

Send me some feedback!

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