Podcasts about beginners podcast

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 Symmetry Strategy Explained: See this post in our group here.The WIKI: Download it here (There may be newer versions you can search for on the forum)Today's Topic – Trading Strategies Compared: Many beginners will likely need to decide whether day trading, swing trading, or position trading suits their lifestyle and goals best. This episode breaks down the differences and shares insights into the strategies I am currently exploring.My Trading Strategy Exploration:Day Trading Strategy: Following a strategy from the Real Day Trading Reddit group, focusing on quick, intra-day trades to capitalize on short-term market movements.Swing/Position Trading Strategy: Inspired by a trader known as The Great Mattsby, this strategy involves holding positions longer to leverage market trends, which I find increasingly appealing.Key Differences:Day Trading: Involves buying and selling within the same trading day. Requires intense focus and quick decision-making to exploit small price movements.Swing Trading: Targets gains over several days to weeks by taking advantage of short to medium-term trends.Position Trading: The longest-term trading strategy, where traders hold positions for months or even years, based on broader market trends.PDT Rule Discussion: An essential aspect for day traders to understand is the Pattern Day Trader (PDT) rule, which affects traders using margin accounts in the U.S. by requiring a minimum account balance of $25,000 if executing four or more day trades within five business days.Choosing the Right Strategy: Deciding on the right trading strategy involves testing and personal reflection. While I began with a focus on day trading, my current study of swing and position trading strategies may influence a shift in my trading approach.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTradesJoin Our Free Community on SKOOL:https://www.skool.com/day-trading-for-beginners

A complete lowdown on personal loans for you: the advantages and disadvantages of personal loans, and should you take out a personal loan. Show notes and transcript at What is a Personal Loan? A Simple Explanation for Kids, Teens and Beginners A complete lowdown on personal loans for you: the advantages and disadvantages of personal ... Read More

Everything you need to know about travel insurance: What is travel insurance, what is covered & not covered, how does travel insurance work, and more. Show notes and transcript at: What is Travel Insurance? A Simple Explanation for Kids, Teens and Beginners Everything you need to know about travel insurance: What is travel insurance, what ... Read More

Peeing and pooping!!!! It is sounds silly but it is a huge part of breeding cats. A lot of the worst part of breeding is dealing with it where it shouldn't be, We think that is the normal behaviour of stud cats but guess what? The girls can be just as bad. Have a listen to my educational tale.... CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 61

Everything you need to know about personal loans: What is a personal loan,the different types of personal loans, what can you use a personal loan for, how to get a personal loan, and more. Show notes and transcript at: What is a Personal Loan? A Simple Explanation for Kids, Teens and Beginners Everything you need ... Read More

Everything you need to know about bank runs: What is a run on the bank, what happens if there is a run on the bank, examples of bank runs, will you lose your money if there is a run on your bank and it fails, and more. Show notes and transcript at: Run on the ... Read More

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 group here.All Resources: https://stokestrades.com/day-trading-setup/Setting up your trading environment is crucial as you transition from learning to actual trading. I'll share the details of my current setup to help you understand what you might need to get started efficiently.Essential Components of My Setup:Brokerage Account: I use Interactive Brokers for its robust platform.Charting Software: I've chosen TradingView for its user-friendly interface and comprehensive tools.Trading Journal: Trader Sync is my choice for tracking trades and analyzing performance.Scanners and Screeners: I use Interactive Brokers' scanner and TradingView's screener to identify trading opportunities.Computer and Monitors: A reliable computer with at least two monitors is crucial for effective trading.Guidance for Beginners: Don't feel pressured to have everything figured out immediately. Start with the basics, and as you advance in your trading journey, you can refine your setup. The key is to begin with essential tools that allow you to execute and analyze trades efficiently.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTradesJoin Our Free Community on SKOOL:https://www.skool.com/day-trading-for-beginners

It's the start of a new season of my podcast so what better time to give you a little run down about me and my cat breeding journey. It's been over twenty years and I have had so many ups and downs. Drama and delight. Fun and not so much fun. Have a listen to my story. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 60

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 this post in our group here.Today's Topic – Understanding Margin: Margin trading can significantly increase your purchasing power but comes with its risks. This episode will break down the basics of margin, including what it is, margin requirements, margin calls, and how margin impacts buying power.Key Concepts Covered:What is Margin? It's essentially a loan from your brokerage that allows you to buy more stocks than your cash balance would permit. This can amplify both gains and losses.Margin Requirements: These are the guidelines set by brokers that dictate how much money you must keep in your account to cover your borrowed funds. We'll explain initial and maintenance margins.Margin Calls: If your account value falls below the required level, you'll face a margin call, compelling you to deposit more funds or sell some assets.Buying Power: With margin, your buying power increases, allowing you to hold larger positions than you could with just your cash. However, this also increases your financial exposure.Understanding the Risks: While margin can expand your investment capabilities, it also enhances potential losses. Managing these risks is crucial, especially for beginners not trading with real money yet.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTradesJoin Our Free Community on SKOOL:https://www.skool.com/day-trading-for-beginners

Everything you need to know about emerging markets and emerging market investing: What is an emerging market, what is emerging market investment, advantages and disadvantages of emerging market investment, should you invest in emerging markets, and more. Show notes and transcript at: Emerging Markets and Emerging Market Investing: A Simple Explanation for Kids Everything you ... Read More

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 and Risk-to-Reward Ratios: Understanding and calculating win rates and risk-to-reward ratios are fundamental for any trader. These metrics help you gauge the effectiveness of your strategies and manage your trades more precisely.Win Rates: Your win rate indicates the percentage of trades you win out of the total trades you make. For example, a win rate of 60% means you win 60 out of 100 trades. Aiming for at least a 75% win rate is a good benchmark for consistent profitability.Risk-to-Reward Ratios: This measures potential gains against potential losses in each trade. A common target is a 2:1 ratio, where you aim to gain $2 for every $1 risked, balancing the occasional losses with more substantial gains.Trading Tools and Resources:TradingView: I use TradingView for analyzing trades and setting up charts. It's a powerful tool for seeing how confluence works in action. You can start with a free account. Visit their website here.TraderSync: To journal my trades and track these metrics over time, I will use TraderSync. It's essential for refining strategies and improving trade outcomes. Visit their website here. Community Engagement: Join our Day Trading for Beginners group on Skool where you can connect with other traders, find accountability partners, and access a wealth of shared knowledge.Closing Thoughts: Mastering win rates and risk-to-reward ratios not only enhances your trading strategy but also boosts your confidence in making informed trading decisions. These metrics are key to managing your trades and ensuring long-term profitability. You won't master them right away, but overtime you should understand what these are in your own trading. Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTradesJoin Our Free Community on SKOOL:https://www.skool.com/day-trading-for-beginners

Here is everything you need to know about claiming social security: How to claim social security, amount of benefits you’ll receive, best age to claim social security benefits, and more. Show notes and transcript at: What is Social Security? #1 Super Simple Explanation for Kids Here is everything you need to know about claiming social ... Read More

In this episode of the Homesteading for Beginners podcast, I chat with Larry Wheeler about integrating permaculture design into your homestead. Discover the principles of permaculture and its application in everyday life, and learn from Larry's experiences. Tune in for practical tips on setting up a sustainable system, understanding your land, and following organized common sense to make the most of your resources. This is episode 110 of the Homesteading for Beginners Podcast. Larry's Links: http://libertyspringsfarm.com/ https://www.instagram.com/libertyspringsfarm/ https://www.facebook.com/LibertySprings Watch this episode and subscribe on YouTube: https://youtu.be/SlsiprAlzOM Get the Free Homesteading for Beginners Checklist https://www.healthyhomesteading.com/checklist/ Homesteading for Beginners workbook: https://healthyhomesteading.com/workbook Shop Homesteading Supplies on Amazon: https://www.amazon.com/shop/farmer_mona 101 Homestead Income Ideas List: https://www.healthyhomesteading.com/homesteadincome Homestead Income Plan Group (FACEBOOK): https://www.facebook.com/groups/homesteadincomeplan Mona's Instagram: https://www.instagram.com/farmer_mona/ Homesteading for Beginners YouTube channel: https://youtube.com/@homesteadingforbeginners 00:00 Introduction 00:43 Welcome to the Homesteading for Beginners Podcast 01:07 Meet Larry Wheeler: A Journey to Homesteading 02:35 Understanding Permaculture Design 07:21 Applying Permaculture Principles 15:13 Larry's Family and Homesteading Life 18:45 Working at Baker Creek 21:23 Observation and Interaction in Permaculture 24:18 Resources for Learning Permaculture 27:42 Conclusion and Where to Find Larry

Did you know that Col. Corso cited the 1938 War of the Worlds broadcast as a justification for the cover up of Roswell? Did you know that the US government was aware of the existence of flying saucers as early as the 1930's and had even recovered one in that time frame? Did you know that FDR and Orson Welles were best buds? Check out my War of the Worlds psy-op theory in this episode of AFB. Check out Aliens for Beginners Podcast new YouTube channel! IG: @aliensforbeginnerspod TikTok: aliensforbeginner X:@AFBPodcast Intro: Are They Real? MGR Productions Outro: The Sixth Sense Danijel Zambo

In this episode, I share the personal challenges and transformative decisions that led me to leave social media and focus on my mental and emotional well-being. From the joy of having my family live with us to the heartbreak of losing my beloved horse, this summer has been a rollercoaster. Learn why I've slowed down my podcast frequency, my plans for vlogging, and how I'm rediscovering creativity without the constant distraction of social media. If you're keen on sustainable homesteading or just need inspiration to unplug and reconnect with yourself, this episode is for you! This is episode 109 of the Homesteading for Beginners Podcast. Watch and Subscribe on YouTube: https://youtu.be/gGiWyZH2PnM Get the Free Homesteading for Beginners Checklist: https://www.healthyhomesteading.com/checklist/ Homesteading for Beginners workbook: https://healthyhomesteading.com/workbook Shop Homesteading Supplies on Amazon: https://www.amazon.com/shop/farmer_mona 101 Homestead Income Ideas List: https://www.healthyhomesteading.com/homesteadincome Homestead Income Plan Group (FACEBOOK): https://www.facebook.com/groups/homesteadincomeplan Mona's Instagram: https://www.instagram.com/farmer_mona/ Homesteading for Beginners YouTube channel: https://youtube.com/@homesteadingforbeginners                             00:00 Introduction to Homesteading and Personal Reflections 01:11 Challenges and Changes in Life 02:46 Family Dynamics and Emotional Adjustments 05:29 Loss and Grieving a Beloved Horse 07:09 New Beginnings and Homestead Updates 07:41 Detoxing from Social Media 11:19 Future Plans and Creative Pursuits 13:36 Encouragement and Final Thoughts    

Here’s a simple, 10 minute strategy that will enable you to save money very quickly and easily – you will always be sure that you are saving enough without worrying about it. Show notes and transcript at: Pay Yourself First: The Fastest and Easiest Way to Save Money Here’s a simple, 10 minute strategy that ... Read More

There, I said it. I don't love being called a mentor when it comes to cat breeding. If you have listened to my podcast before that will sound weird. But let me explain..... CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 59

Have I helped you? I would love to know. I want to hear from you if my podcast or other content has been useful to you. A comment or a like, even a review would be amazing. Tell me if I have given you something useful or helped you feel better about your hobby.

I love Cats Shows!! It's no secret that I am a fan but I often hear from new breeders who are absolutely terrified of entering. In this episode I am going to tell you how to get past that fear and get yourself into the show scene. I promise it won't hurt a bit! Check it out now. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 58

You are going to LOVE this episode. I answer a question I get asked all the time and give you some really good examples to explain the difference between show and breeding cats. It's a great topic to discuss and I think it will help any new breeder to have a better mindset about the cats that have. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 57

Want to donate, but don’t have any money to spare? Don’t worry – here are some tips to donate even when you don’t have any money! Show notes and transcript at: Donating to Charity – How to Donate With NO MONEY Want to donate, but don’t have any money to spare? Don’t worry – here ... Read More

What products should you choose for interior detailing? In this podcast, we go bare bones -- budget friendly and minimalist --  with both chemicals and tools. But we don't stop there: in this podcast, we also go in-depth on how to thoroughly clean your interior like a pro. So there you have it...just a few products and LOTS of ways to make them work for you on car interiors.Here are the products we mention:RINSELESS WASH: https://bit.ly/RinselessWashINTERIOR CLEAN & PROTECT: https://bit.ly/InteriorCleanProtectCRYSTAL CLEAR GLASS CLEANER: https://bit.ly/CrystalClearGlassCleanerINTERIOR TOWEL: https://bit.ly/InteriorTowelALL CLEAN: https://bit.ly/AllCleanDIYDetailINTERIOR CERAMIC: https://bit.ly/DIYInteriorCeramicWebsite: https://diydetail.com/Podcast:https://bit.ly/DIYDetailPodcastJoin the DIY Detail Facebook Group!: https://bit.ly/DIYDetailFacebookGroupFind DIY Detail products worldwide: https://diydetail.com/pages/distributors#autodetailing  #diydetail #yvanlacroix #carwash #claytowel #detailing #detalingtip #howtodetailacar #detailing101

This is such an important message that I want new cat breeders to hear. I feel that thinking about this topic now at the beginning will lead to you being able to have your hobby and enjoy it long term. It's a must listen kind of episode. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 56

Everything you need to know about social security: What is social security, how does social security work, types of Social Security benefits, eligibility criteria for claiming social security, and more. Show notes and transcript at What is Social Security? #1 Super Simple Explanation for Kids Everything you need to know about social security: What is ... Read More

Today I talk about how to make $100 everyday by using support and resistance levels and How To Make $100 In Less Than 4 Hours Trading One Stock, roku stock, $roku 100% FREE eBook

Today I talk about How To Setup A Webull Platform to Start Trading Stocks 100% FREE eBook

Everything you need to know before donating to charity, discussed in simple terms! Show notes and transcript at What is a Charity? #1 Super Simple Explanation for Kids Everything you need to know before donating to charity, discussed in simple terms! Show notes and transcript at What is a Charity? #1 Super Simple Explanation for ... Read More

I bet you can't guess this one! You might think I am joking and yeah, I have fun with the topic but I am also super serious about you needing to get one (or more) of these. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 55

Oh wow, I always seem to get back to talking about cat poop don't I? This time I am using it as an example to teach you a little lesson about Facebook. LOL! CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 54

Everything you need to know about an economy: What is an economy, different types of economies, factors to consider to evaluate if an economy is healthy, and more. Show notes and transcript at: What is an Economy? A Super Simple Explanation for Kids & Beginners Everything you need to know about an economy: What is ... Read More

Everything you need to know about charities and donating to a charity: What is a charity, why should you donate, how can you donate to charity, and more. Show notes and transcript at What is a Charity? #1 Super Simple Explanation for Kids Everything you need to know about charities and donating to a charity: ... Read More

Find out the advantages and disadvantages of zero down payment mortgages, and should you get one. Show notes and transcript at How to Buy a House with Little Money Down: Understanding Low Down Payment Mortgages Find out the advantages and disadvantages of zero down payment mortgages, and should you get one. Show notes and transcript ... Read More

We all know Apple is a great technology company. But is it really a finance company masquerading as a tech giant? Find out! Show notes and transcript at: Is Apple a Finance Company Now? We all know Apple is a great technology company. But is it really a finance company masquerading as a tech giant? ... Read More

It's very common for new breeders to do this. It's a way of dealing with what is happening with your hobby. It is really hard to stop. Let me talk you through it so you can recognise it and deal with it as it comes up. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 53

Everything you need to know about low down payment mortgages: What is a low down payment mortgage, how does it work, where to get it, and more. Show notes and transcript at: How to Buy a House with Little Money Down: Understanding Low Down Payment Mortgages Everything you need to know about low down payment ... Read More

Learn everything about the advantages and disadvantages of a line of credit, and whether it is right for you. Show notes and transcript at Line of Credit (LOC) Explained: #1 Super Comprehensive Guide for Kids & Beginners Learn everything about the advantages and disadvantages of a line of credit, and whether it is right for ... Read More

This is not something that happens very often. Getting a new cat who is already pregnant is not the normal way things are done. But it can happen, and it can be a surprise. Listen to this episode to find out more. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 52

Investing in the forex market: Advantages of forex trading, disadvantages of foreign exchange trading, should you invest in the forex market, and more. Show notes and transcript at What is Forex or Foreign Exchange Market: A Simple Explanation for Kids & Beginners Investing in the forex market: Advantages of forex trading, disadvantages of foreign exchange ... Read More

Everything you need to know about line of credit: What is a Line of Credit (LOC), how does a line of credit work, different types of lines of credit, and more. Show notes and transcript at Line of Credit (LOC) Explained: #1 Super Comprehensive Guide for Kids & Beginners Everything you need to know about ... Read More

When it's wet and cold outside your cats that live in outdoor runs need to be kept warm and protected particularly your stud cats. Let's talk about some ways to keep them dry and cosy when the weather is bad. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 51

When you buy a breeding cat it is important to ask if there are any restrictions. What does that mean? Well its about agreements and expectations. In this episode I talk you through just what that might look like and share some examples with you. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 50

Weaning kittens can be a frustrating time. I get asked the same questions over and over about weaning so I have got the answers for you. And I also tell you the ONE THING you need most of all when it's weaning time. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 49

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 Option Greeks: We break down the concept of Greeks in an easy-to-understand manner, avoiding complex strategies or deep dives into individual Greeks. This episode continues our learning curve on options, setting the stage for future discussions on practical applications within your brokerage account.The Greeks Simplified: Using analogies, such as comparing the Greeks to flight instruments, we illustrate how they guide traders in navigating the options market. The Greeks—Delta, Gamma, Theta, Vega, and Rho—serve as tools for assessing risk and predicting price movements, similar to how a pilot uses altitude, speed, and fuel gauges.Delta and Gamma: Learn how Delta acts like a speedometer, showing how fast an option's price might change with the underlying stock, while Gamma indicates the acceleration of Delta itself.Theta, Vega, and Rho: Understand how Theta measures time decay, Vega shows sensitivity to market volatility, and Rho relates to interest rate changes.Watch the video on YouTube: https://youtu.be/NmzESzIGvlARead the full article here:https://stokestrades.com/option-greeks/Next Steps:As we wrap up our series on options, stay tuned for a practical guide on locating and trading options within your brokerage account. This upcoming content, including YouTube videos, will demystify the process of using Greeks for real-world trading decisions.Technical Analysis Ahead: After concluding our discussion on options, we'll venture into technical analysis, marking the next phase of our day trading education.Resources and Community:Chat GPT and Learning Tools: Discover how leveraging AI like Chat GPT, along with finance blogs and YouTube channels, can enhance your understanding of complex topics such as option Greeks.Join Our Community: For more resources and a supportive learning environment, visit our website and join the free community on Skool. Here, you can access all podcasts, videos, and a dedicated section for the resources I've used to learn about options.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTrades

I absolutely love my vets but are they the best people to be giving me cat breeding advice? Let's take a look at what they know and what they probably don't know, and what that matters. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 48

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 is our roadmap for the initial months of our day trading journey, covering everything from the basics of the stock market to setting up a brokerage account and intros to options and technical analysis.The Importance of Mindset in Day TradingIn one of our previous episodes focused on mindset, we discussed the ups and downs you'll likely face on this journey. March has been a challenging month for me personally, juggling family commitments and unexpected hurdles while staying committed to learning day trading. It's a stark reminder that success is not a straight line but a path filled with setbacks and victories. Remember, persistence and adaptability are key to overcoming the valleys of despair.Where We StandOver the past three months, we've covered a wide range of topics:Basics of stocks, bonds, ETFs, futures, Forex and optionsChoosing a brokerage account and setting up for paper tradingUnderstanding different types of stock market ordersAn introduction into options tradingLooking ahead, we plan to explore the intricacies of technical analysis and the importance of maintaining a trading journal. While we have laid a solid foundation, there's still much to learn, especially about options and developing effective trading strategies.Staying ConsistentThe journey to becoming a proficient day trader is long and requires consistent effort. Regardless of the challenges life throws at us, it's crucial to keep moving forward, learning something new every week. Join me in committing to this process, knowing that each small step takes us closer to our ultimate goal.Join Our CommunityFor additional support and resources, consider joining our community on Skool. It's a fantastic space to connect with fellow beginners, find accountability partners, and share your learning progress. Visit StokesTrades.com and click on the community section to join for free.Looking ForwardNext week, we'll tackle the topic of options and the Greeks, wrapping up our discussion on options by the end of April. As we approach the halfway mark of our 6 month journey, we're gearing up to learn about technical analysis and setting up a trading journal. Stay tuned, and let's keep pushing forward together.Thank you for tuning in to this week's episode. Don't forget to subscribe to the podcast and check out our YouTube channel for more visual content on day trading. Here's to a productive April and beyond!Image referenced: https://stokestrades.com/day-trading-mindset-of-a-beginner/Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTrades

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 Money, At the Money, Out of the Money: Simple explanations to help you understand these key concepts.Intrinsic and Extrinsic Values: Breaking down the two main parts that make up an option's price and why it's important.Time and Volatility's Role: How the time left until an option's expiration and the implied volatility affect its extrinsic value.Implied Volatility: How the market's guess about a stock's future movement can change the price of options.Learning Tools: Sharing useful resources and platforms, including a free community platform and an options course module filled with my go-to resources.Wrapping It Up:This episode aims to make understanding option pricing straightforward, focusing on intrinsic and extrinsic values—key knowledge for dealing with options.Stay in Touch:For more resources, including videos and a community of traders, head over to StokesTrades.com. Let's learn and grow together in trading.Stay tuned for more simple explanations of trading concepts. Let's make trading easier to understand, one episode at a time.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTrades

CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 47

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://youtu.be/ZHqtAKhcs4AIn this episode, we talk about:Selling Options: Building on our initial discussion on options, we now examine selling call and put options. We clarify the concepts of being "covered" versus "naked" in option selling and the implications of each.Understanding Assignment: A crucial aspect of selling options, we explain what it means to be "assigned" and the responsibilities it entails for the seller.Risks and Strategies:Covered Calls: How owning the underlying stock can provide a safety net when selling call options.Naked Calls: The higher risk associated with selling call options without owning the underlying stock.Cash-Secured Puts: The benefits and precautions of selling put options when you're prepared to buy the stock at the strike price.Closing Out Positions: An essential strategy for both buyers and sellers to manage risk and secure profits. We discuss how to "buy to close" your positions and the strategic advantages of doing so.Key Takeaways:Selling options can be a strategic way to generate income, but it comes with obligations that traders must understand.The difference between "covered" and "naked" positions significantly impacts the risk profile of selling options.Understanding assignment and how to manage your positions through closing strategies is crucial for minimizing risk and maximizing returns.Resources Mentioned:Educational websites and YouTube channels for learning about options trading is ideal for this phase of the journey. I emphasize the value of free resources for beginners to grasp the fundamentals without the need for expensive courses.https://www.optionseducation.org/Closing Thoughts:As we peel back the layers of options trading, it's clear that a solid grasp of the basics is foundational for success. Selling options introduces new dynamics and risks, but with the right knowledge and strategies, it can be a valuable part of your trading arsenal.Subscribe:Ensure you don't miss out on further insights into options trading and other day trading strategies by subscribing to the podcast. For a visual learning experience, check out the video version of this episode on the YouTube channel, where I'll break down these concepts with whiteboard examples.Stay tuned for our next episode, where we'll dive into the pricing of options, including intrinsic and extrinsic values, to further our understanding of options trading.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTrades

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 nature of day trading, focusing on profiting from short-term price fluctuations through technical analysis, news events, and market sentiment.Personality Traits for Successful Day Trading: Highlighting key personality traits such as discipline, independence, and decisiveness that align well with the demands of day trading. Understanding that the right mindset and characteristics can significantly impact your trading success.The Importance of Trading Psychology: Why mindset and psychological preparedness are paramount in day trading. We look into the insights offered by one of the leading books on trading psychology, "Trading in the Zone" by Mark Douglas, focusing on the first chapter's discussion on the psychological aspects that set successful traders apart.Key Takeaways:- Day trading is not merely about technical skills. Emotional intelligence, discipline, and a keen understanding of one's psychological responses play a crucial role.- Successful day traders possess a unique set of attitudes, allowing them to remain disciplined, focused, and confident amidst the market's volatility.- Embracing and managing risk, rather than fearing it, is essential for achieving consistency and success in trading.Resources Mentioned:Trading in the Zone by Mark Douglas: A must-read for understanding the psychological foundations of successful trading. Available on Amazon as an audiobook and in other formats.Closing Thoughts:As we continue the journey into day trading, it's clear that mastering the market's technical aspects is just part of the equation. Cultivating the right mindset and overcoming psychological barriers are equally, if not more, important. Stay tuned for upcoming episodes where we'll cover options trading and further explore the mental fortitude required for day trading success.Read the full article and watch the video here:https://stokestrades.com/what-is-day-trading/Subscribe:Don't miss out on future insights and strategies to aid your day trading journey. Subscribe to the podcast for more educational content, and check out the resources and community at StokesTrades.com for a supportive learning experience.Website and Other Social Accounts:https://stokestrades.com/https://www.youtube.com/@StokesTrades

Anyone who is breeding cats and uses social media will eventually have to deal with people being negative to your content. How do you deal with this? Let me share an example with you and talk about what I do when it happens. CAT BREEDING FOR BEGINNERS PODCAST - EPISODE 46