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Everyone keeps asking me to teach them how to trade stocks, as if it's a get-rich-quick scheme. But day trading, like any profession, requires effort, time, and risk to master. You can't expect to become a high-paying doctor overnight, and the same goes for trading.

That's why I'm committed to providing free game, no-nonsense insights into the world of stock trading, drawn from my own experiences. I'll break it down so that those who are serious about learning can cut through the fluff and fast-track their journey from point A to B. Even though I mainly focus on scalps, day trading, and swing trading, the knowledge can still be applied to other markets.

When I first started, I was overwhelmed by the sheer amount of misleading and unnecessary information. From biased opinions to recycled basics, many were just out to generate YouTube income by promoting fear and redundancy.

Fortunately, after diving deep into trading content and gaining hands-on experience with my own account, I learned to identify the genuine traders who share real, experience-based knowledge.

This website is designed to be a free resource trading hub of basic knowledge needed to trade. Following a set of rules and a game plan will help any average Joe trader go from broke to financially independent.

As I continue to grow and succeed in various trading and business ventures, this website will evolve with me. Whether it's futures trading, real estate, or other side hustles, I’ll provide as much valuable information as possible to help anyone achieve financial independence.

Join me on this journey to cut through the noise and build a path to financial freedom. It's important to note that all this free knowledge carries no value unless you TAKE ACTION!

STEP 1: LEARN

Read other various sections to level up your game

Here are the things you actually need to learn to get started: Price action, Risk Management, Multi-Timeframe Analysis, and Entries/Exits.

Many beginners enter the stock market with unrealistic expectations, buying in at random areas and believing that the market will go parabolic from $5 to $500 a share. This approach is nothing short of gambling. I see countless new traders assuming that following a single strategy or someone else's opinion will guarantee success. This couldn’t be further from the truth, and here’s why:

Trading stocks is not a binary activity where a specific action always leads to a predictable outcome. This mindset is dangerous and will likely lead to substantial losses. The market operates on a complex array of factors and does not care about individual beliefs or emotions; it solely seeks liquidity.

To navigate the market successfully, it's crucial to develop your own trading style and adhere to strict risk management practices. Learning to understand the market’s nuances and adapting your strategies accordingly is key. Risk management, in particular, involves setting appropriate stop-loss orders, properly allocating your capital, and ensuring that you never risk more than you can afford to lose.

In essence, trading requires respect for the market’s complexity and a commitment to continuous learning and strategy adaptation. This disciplined approach is the foundation of long-term success in trading.

Step 2: Develop a Trading Plan

A well-defined trading plan is crucial for success, serving as a roadmap for your trading activities. Start by setting clear goals, such as achieving specific returns or generating consistent income. Choose trading strategies that fit your goals and personality, including support and resistance, the first red day, and chart patterns.

Support and resistance help identify potential entry and exit points by highlighting price levels where a stock might change direction. The first red day strategy spots shorting opportunities after a bullish run, indicating a potential downtrend. Chart patterns, such as head and shoulders, double tops/bottoms, and triangles, reveal market trends and possible reversals.

Consider various trading styles to suit your approach: scalping for quick, small profits; day trading for capturing daily market movements; swing trading for holding positions over days or weeks; options trading for leveraging market positions with contracts; and futures trading for betting on the direction of commodities or financial instruments.

Implement robust risk management by setting stop-loss orders. Regularly review your performance using metrics like backtesting, win/loss statistics, and risk/reward ratios.

A structured trading plan enables informed decisions and prevents impulsive and sloppy trades.

STEP 3: Practice with a Demo Account

Before risking real money, practice trading with a demo account to gain experience in a risk-free environment. Paper trading offered by most brokers, allow you to trade with virtual funds under real market conditions, providing a valuable learning platform.

Here's a list of brokers you could get started with that are user friendly (affliated)

• Webull

• Robinhood

• Charles Schwab (ThinkorSwim)

• CoinBase (Crypto)

Using a demo account helps you familiarize yourself with the trading platform, test different strategies, and refine your decision-making skills. Whether you’re experimenting with support and resistance levels, shorting, or various chart patterns, practicing in a demo environment allows you to see how these methods perform without financial risk.

Try different trading styles like scalping, day trading, swing trading, options, and futures to see what works best for you. This hands-on practice builds confidence and hones your ability to execute trades effectively.

By thoroughly practicing with a demo account, you develop the necessary skills and discipline to trade successfully with real money, reducing the likelihood of costly mistakes and improving. You'll be able to easily repeat trades that matches your playbook and scale up from there.

STEP 4: Start Small/Scale Up/Backtest

As you transition from a demo account to trading with real money, start with a small amount of capital to minimize risk. This allows you to gain experience and confidence without risking substantial losses. As you become more comfortable and consistent in your trading, gradually increase your trading capital.

While trading, continuously review your performance to identify strengths and areas for improvement. Keep a trading journal to track your trades, emotions, and decisions. Analyze your journal regularly to learn from your successes and failures, and adjust your trading plan accordingly.

Stay informed about market trends, news, and evolving strategies to refine your trading approach. By constantly reviewing and improving your trading plan, you can adapt to changing market conditions and improve your overall trading performance.