Welcome to Day 1 of your *30-Day Trading Challenge!* 🎉
Today, we’re laying the foundation for your trading journey. No complex strategies yet—just the essential mindset, tools, and first steps to get you started safely.
By the end of today, you’ll:
✅ Have the right trading mindset
✅ Set up free tools for chart analysis
✅ Understand your first price chart
Let’s dive in!
Step 1 of 30-Day Trading Challenge! The Trader’s Mindset (Your #1 Edge)
Before you place a single trade, you need the right mindset.
❌ Myth: “Trading is easy money.”
✅ Reality: Trading is a skill—like chess or poker. It takes practice, discipline, and emotional control.
3 Mindset Rules for Beginners on 30-Day Trading Challenge!
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Start Small – Never risk money you can’t afford to lose.
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Focus on Learning – Your first goal is education, not profits.
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Expect Losses – Even professionals lose trades. The key is managing risk.
📌 Action Task:
Write down:
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“I’m learning trading to ______.”
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*”My 30-day goal is ______.”* (Example: “Understand charts and place 3 demo trades.”)
Step 2: Get These Free Trading Tools for 30-Day Trading Challenge!
You don’t need expensive software yet. Here’s what to set up today:
1. Charting Platform (Where You’ll Analyze Trades)
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TradingView (Best free charts)
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Investing.com (Simple alternative)
2. Broker Demo Account (For Practicing Later)
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ThinkorSwim (TD Ameritrade) – Great for stocks/options.
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MetaTrader 4/5 – Popular for forex.
(Note: Only use demo mode for now!)
Step 3: Your First Chart – Understanding Candlesticks of 30-Day Trading Challenge!
Today, we’ll learn one basic concept: how to read a candlestick chart.
What is a Candlestick?
Each “candle” shows price movement in a set time (1 min, 1 hour, 1 day, etc.).
(Example: Bullish vs. Bearish Candles)
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Green Candle = Price went UP (bullish)
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Red Candle = Price went DOWN (bearish)
📌 Action Task:
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Open TradingView.
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Type any stock (e.g., “AAPL”) or forex pair (e.g., “EURUSD”).
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Identify 3 green candles and 3 red candles on the chart.
Homework for Tomorrow (Day 2 of 30-Day Trading Challenge!)
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Watch this 5-minute candlestick video.
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Find one interesting chart pattern (even if you don’t understand it yet).
Tomorrow: We’ll break down support/resistance—key levels where prices bounce!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
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I’m documenting my own 30-day challenge on my portfolio.
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Questions? DM me @marketlokam on Instagram!
📌 Bookmark this page—Day 2 drops tomorrow!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
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I’m documenting my own 30-day challenge on my portfolio.
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Questions? DM me @marketlokam on Instagram!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
-
I’m documenting my own 30-day challenge on my portfolio.
-
Questions? DM me @marketlokam on Instagram!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
-
I’m documenting my own 30-day challenge on my portfolio.
-
Questions? DM me @marketlokam on Instagram!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
-
I’m documenting my own 30-day challenge on my portfolio.
-
Questions? DM me @marketlokam on Instagram!
Final Thought
“Trading is a marathon, not a sprint. Day 1 is about setting up—not rushing into trades.”
🔗 Follow My Journey:
-
I’m documenting my own 30-day challenge on my portfolio.
-
Questions? DM me @marketlokam on Instagram!
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Changes Made:
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Added portfolio link (
moinuch.in) under “Follow My Journey”. -
Added Instagram contact (
@marketlokam) with a friendly CTA. -
Kept the tone casual but actionable.
Let me know if you’d like any tweaks! Ready for Day 2 tomorrow? 🚀