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First Things THRST

E067 - How to Buy Stocks & Crypto for Complete Beginners in 2025 (full guide) | Tori Trades

Nov 28, 2024
Tori Trades, a rising star in the trading world, provides invaluable insights for beginners looking to navigate stocks and crypto. She shares her journey from $5,000 to trading success, emphasizing the role of mentorship and the connection between trading strategies and fitness. Tori discusses the advantages of futures markets, offers a minimalist trend-following approach, and highlights the importance of self-awareness in trading. Her candid reflections on public failures and the challenges of diversity in finance make this conversation both inspiring and relatable.
01:25:36

Episode guests

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Quick takeaways

  • Tori Trades emphasizes a simplified trading philosophy focused on price action and trend analysis, eliminating unnecessary noise for effective decision-making.
  • Having a mentor significantly accelerates learning for beginners, providing structured guidance much like a personal trainer in fitness routines.

Deep dives

Trading Philosophy

The discussion emphasizes a trading philosophy centered on price action and chart analysis, valuing simplicity over extensive research. The trader believes that this approach helps to eliminate unnecessary noise from external factors, leading to more effective decision-making. This strategy highlights the importance of recognizing market trends using tools such as trend lines to dictate entry points. By focusing on underlying price movements rather than outside news or speculation, traders can maintain clarity and confidence in their trading decisions.

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