Welcome!
I’m Tyler Stokes and I want to tell you why I’m building this website.
I’m turning 40 in 2024 and I want to accomplish something new before I turn 50.
So in early 2024 I embarked on a journey to become a day trader.
This site is meant to document the process of how a pure beginner can learn to become a successful day trader.
My Background
I’m currently an affiliate marketer.
I’ve had success building content websites and ranking them on Google, and I have a YouTube channel and course called Affiliate Marketing That WORKS. These platforms teach beginners how to get started using my exact strategy. I plan to continue working on these businesses.
But in November 2023, I came across a video titled: I Asked a $15BN Investor for Life Advice
The main takeaways from this video for me were:
- What would you do if you couldn’t fail?
- You can accomplish anything in 5 to 10 years. ANYTHING.
This question, mixed with the fact I really want to achieve some type of new success, has lit a fire in me to learn how to become a day trader.
I truly believe that I can accomplish anything in 5 to 10 years. Most people think this timeline is ridiculous because they need instant gratification. But I’ve learned from my current business that success takes time. There’s no such thing as overnight success, and I’m willing to put in the work for years. I think this mindset is essential for starting new ventures.
The simple reason why this mindset is key is because success doesn’t happen in a straight line. Whenever you start something new, you move from uninformed optimism to the valley of despair. And I expect this to happen in my day trading journey.
Why Day Trading?
When I ask myself the question, what would I do if I couldn’t fail, the answer is day trading.
I’ve always wanted to trade stocks “professionally” and now is the perfect time in my life to pursue this venture. It fits my current lifestyle and family commitments as well.
It’s funny how the universe seems to present these opportunities to you if you keep thinking and focusing on what you want. Over the past few months I’ve been really thinking about doing something big, and suddenly I came across the YouTube video mentioned above.
Full disclosure: I currently own stock as a long term investment, but I know very little about day trading. So I’m learning everything from scratch.
Why Build This Website Instead of Just Learning Privately?
There are a few reasons why I’m creating this website.
The first reason is the protégé effect. This idea is that when you explain things to other people, it helps you learn them as well.
Because I’m a complete newbie when it comes to day trading, I need to learn a lot. There’s no better way to learn than to create content about a subject matter on a website. As I learn various aspects of day trading, I can create content aimed at helping other beginners.
Secondly, I want to create a valuable and unique resource for other beginners. I want to share my journey towards becoming a day trader so other beginners can follow in my footsteps.
At the time of writing this, I haven’t found another resource that shows someone’s journey from the very beginning. Most resources are created by experts or companies who have been successful, and then they start teaching. This is going to be a resource built from my 1st day as a day trader. I’m currently in the shoes of a pure beginner so I know the pain points, and overtime I hope my insights can be valuable.
Lastly, I want to create this site as a case study for my affiliate marketing course. I want to show beginners how to pick a niche, research keywords, set up a website, and create content.
My Realistic Expectations
From the initial research that I’ve done, it seems to take people at least 2 years to start trading successfully.
In 1 or 2 years there are way too many constraints to assume I will be successful. I’m thinking in terms of a 5 to 10-year timeline to master day trading, and produce a helpful resource for other beginners.
Connect With Me on Social Media
Here are the social media accounts for StokesTrades that I will be most active on: