The Disciplined Traders Podcast - Master the Market. Build Wealth. Stay Disciplined

By Brian MontesBusiness Investing

The Disciplined Traders Podcast - Master the Market. Build Wealth. Stay Disciplined episodes

April 11, 2024The Risks and Dangers of Front Running the Stock Market
In this episode, Brian Montes discusses the concept of front running in swing trading. Front running is buying into positions ahead of news-driven events or external sources to get ahead of the crowd and gain an edge. However, front-running is risky because it is based on assumptions rather than facts. Brian provides examples of front running in the stock market, such as anticipating the inflation report or earnings announcements. He emphasizes that front running is equal to guessing and reinforces bad behavior. Instead, swing traders should avoid front-running and let the market dictate their next steps.
Episode lessons:
Front running is the act of buying into positions ahead of news-driven events or external sources in an attempt to gain an edge.

Front running is risky because it is based on assumptions rather than facts.

Swing traders should avoid front-running and let the market dictate their next steps.

Front running reinforces bad behavior and can lead to larger losses.

It is important to have the mindset and mental awareness to avoid front-running and guessing in swing trading.
Do you have a question you want answered on the podcast? Email your question to [email protected]

Ready to start swing trading the stock market but need help with analysis with -
S&P 500 Technical Analysis & Chart Update

Nasdaq Technical Analysis & Chart Update

Russell 2000 Technical Analysis and Chart Update

Weekly Market Kick-Off Update

Individual Stock Chart Review & Analysis - Use the analysis and information to make the opportunity your own!

Daily trade set-up opportunities

Weekly technical updates for all the "FAANG stocks" that include Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and Alphabet/Google (GOOGL/GOOG)

Additional weekly updates for Microsoft (MSFT) and Tesla (TSLA)

Join our Swing Trading Stock Market Analysis & Chart Opportunities Community -> https://bit.ly/4aUsKlD

Try it free for 7 days! If you like the community, it is only $20 per month!

YouTube Channel - https://www.youtube.com/channel/UCIUrocKrsizBNqVbKAjNu6w
11 min
April 04, 2024Overcoming Challenges during Stock Market Pullbacks
In this episode, Brian Montes discusses the importance of understanding and embracing market pullbacks in swing trading. He explains that pullbacks are a natural part of the ebb and flow within a bull market cycle and are different from severe market corrections or bear markets.
Pullbacks allow for the consolidation of gains, reset market sentiment, create buying opportunities, and increase volatility for trading opportunities.
Brian also provides tips for overcoming challenges during pullbacks, such as cultivating emotional resilience, staying informed and flexible, and adapting trading strategies to suit changing market conditions.
Takeaways-
Pullbacks are a normal and healthy part of a bull market cycle and should be embraced by swing traders.

Pullbacks allow for the consolidation of gains and prevent excessive speculation.

They reset market sentiment and maintain a healthy balance between greed and fear.

Pullbacks create buying opportunities and improve reward-to-risk ratios.

Increased volatility during pullbacks provides trading opportunities for short-term price movements.

Traders should cultivate emotional resilience, stay informed and flexible, and adapt their trading strategies to suit changing market conditions.

Have a question you want answered on the podcast? Email me at [email protected]

Check out the Disciplined Traders Academy and Community at https://disciplinedtradersacademy.podia.com/
24 min
March 24, 2024The Top 5 Mistakes Made by Beginning Traders
In this episode, Brian Montes discusses the top five bad trading habits that can hold swing traders back from reaching their full potential. The habits include revenge trading, micromanaging trades, over allocation of a position, talking to others about open positions, and overtrading.
Brian emphasizes the importance of recognizing and managing emotions, being patient and selective in trade setups, and avoiding unnecessary risks. The episode concludes with a reminder to reflect on personal trading habits and work towards improvement.
Takeaways:
Revenge trading can lead to even greater losses and should be avoided by recognizing and managing emotions.

Micromanaging trades can lead to over analysis, decision paralysis, and unnecessary stress. Trust your analysis and give trades room to breathe.

Over allocation of a position can result in larger drawdowns. Be strategic in position sizing and avoid emotional decisions.

Discussing open positions with people who don't trade can lead to biased or uninformed opinions. Rely on trusted sources of information.

Overtrading can result in unnecessary transaction costs, dilute focus, and increase risk. Be patient and selective in trade setups.
Interested in the Disciplined Traders Community? https://disciplinedtradersacademy.podia.com/

Email me at [email protected]
12 min
March 08, 2024Learn to Trade Stocks Before Learning Option Strategies
In this episode, Brian Montes discusses why new swing traders should focus on trading stocks and ETFs before venturing into options. He highlights the simplicity and straightforwardness of trading stocks compared to the complexity of options. Brian emphasizes the importance of learning technical analysis, reward-to-risk ratio management, and chart patterns when trading stocks. He also explains that stocks offer a more forgiving learning curve and greater flexibility and liquidity compared to options.
By mastering stock trading first, beginners can develop the necessary skills and confidence to navigate the complexities of options trading in the future.
Takeaways -
New swing traders should learn to trade stocks and ETFs before trading options.

Stocks are simpler to understand and involve less complexity compared to options.

Stocks offer a more forgiving learning curve and manageable risks for beginners.

Stocks provide greater flexibility and liquidity compared to options.
Questions - email me at [email protected]

Looking for coaching, community and education? Check out the Disciplined Traders Community:
https://disciplinedtradersacademy.podia.com/
14 min
March 02, 2024Realize Swing Trade Profits by Learning to Scale Out and Manage Risk
In this episode, Brian Montes discusses the importance of taking profits in swing trading. He emphasizes the need to develop a methodology for booking profits and managing risk.
Brian shares his personal trading strategy, which involves assuming that every trade will go against him and actively managing risk. He explains how to set reward-to-risk ratios and determine profit targets based on technical analysis. Brian also discusses the significance of resistance and support levels in managing profits. He provides insights into scaling out of trades, reducing emotional risk, and continuously monitoring market conditions. The episode concludes with an invitation to join the Discipline Traders Academy for further coaching and education in swing trading.
Takeaways
Develop a methodology for booking profits and managing risk in swing trading.

Assume that every trade will go against you and actively manage risk.

Set reward-to-risk ratios and determine profit targets based on technical analysis.

Consider resistance and support levels when managing profits.

Scale out of trades to reduce risk and book profits.

Continuously monitor market conditions and adjust stop loss accordingly.

Let remaining trades run with reduced risk and potential for further gains.

Have a question - email at [email protected]

Learn to Swing Trade -> https://disciplinedtradersacademy.podia.com/
16 min
February 26, 2024Why Position Sizing is Critical To Your Swing Trading Success
In this episode, Brian Montes discusses the importance of position sizing in swing trading. Position sizing refers to the allocation of capital to each trade based on risk tolerance and trade strategy. It is crucial for both new and experienced traders in various trading styles. Proper position sizing helps manage risk, protect trading accounts from significant losses, and optimize the risk-reward ratio. Strategies for effective position sizing include using a fixed dollar amount, percentage risk, or volatility-based method. Additionally, position sizing plays a significant role in managing emotions and trading with confidence.
Episode Takeaways:
Position sizing is essential in swing trading to allocate capital effectively.

Proper position sizing helps manage risk and protect trading accounts from significant losses.

Balancing risk and reward is crucial in position sizing to optimize the risk-reward ratio.

Strategies for effective position sizing include fixed dollar amount, percentage risk, or volatility-based methods.

Looking for education and coaching -> https://disciplinedtradersacademy.podia.com/
13 min
February 18, 2024How a Top Down Trading Approach Improves Your Trading Consistency
Understanding how a top down trading strategy can help your trading business is a must know for new traders.
In this episode, Brian Montes discusses the concept of a top-down trading strategy and how it can enhance your trading game. A top-down trading strategy involves analyzing the market from a macro perspective down to individual stocks. It starts with studying economic indicators and market trends, then moves on to sector and subsector analysis. Finally, it focuses on stock selection and technical analysis.
The benefits of a top-down trading approach include a holistic view of the market landscape, better risk management, and adaptability to changing market conditions. Implementing a top-down trading strategy requires research, analysis, and alignment between different layers of analysis.
In this episode you will learn -
A top-down trading strategy involves analyzing the market from a macro perspective down to individual stocks.

It starts with studying economic indicators and market trends, then moves on to sector and subsector analysis.

The benefits of a top-down trading approach include a holistic view of the market landscape, better risk management, and adaptability to changing market conditions.

Implementing a top-down trading strategy requires research, analysis, and alignment between different layers of analysis.

Have a question? Email me at [email protected]

Want to join our free FB community? -> https://www.facebook.com/groups/disciplinedtrader

Ready for coaching and real live trade alerts? Check out the Disciplined Traders Academy -> https://disciplinedtradersacademy.podia.com/
14 min
February 09, 2024The Power of Trade Journaling: Documenting Your Swing Trading Journey
We cannot improve what is not measured. This rule applies to a trading business just as much as it applies to all other businesses.
In this episode, Brian Montes discusses the power of journaling trades and why it is important to document your trading experience. He explains that journaling allows traders to analyze their decisions, track what is working and what is not, and learn from their experiences. Brian emphasizes the benefits of journaling, including self-accountability, self-awareness, continuous learning, and improving as a trader. He provides insights on what to include in a trade journal, such as entry and exit details, trade rationale and strategy, trade outcomes and performance analysis, and reflection. Brian also shares tips for effective trade journaling, including consistency, honesty, and regular review and learning.

In this episode you will learn:
Why journaling trades is important for analyzing decisions and learning from experiences.

How trade journaling helps create self-accountability and self-awareness.

Include entry and exit details, trade rationale and strategy, trade outcomes and performance analysis, and reflection in your trade journal.

Consistency, honesty, and regular review are key to effective trade journaling.

Questions about setting up your trade journal? Email me at [email protected]

Looking for coaching and education? Check out our Disciplined Traders Community - https://disciplinedtradersacademy.podia.com/

Join our free FB group -> https://www.facebook.com/groups/disciplinedtrader
18 min
February 02, 2024I Am New To the Stock Market - How do I Select A Brokerage Account?
One of the biggest question new traders have is "How do I select a brokerage platform" We are here to help navigate you through that decision!
In this episode, Brian Montes discusses how to choose a brokerage account for trading and investing in the stock market. He emphasizes the importance of selecting the right brokerage account, as it serves as the gateway to the financial markets. Brian provides insights on factors to consider when choosing a brokerage account, such as investment goals, account features and fees, customer support, security, trading tools, and user reviews.
Key insights that you will take away as you listen to this episode-
Choosing the right brokerage account is crucial for efficient trading and investing in the stock market.

Factors to consider when choosing a brokerage account include investment goals, account features and fees, customer support, security, trading tools, and user reviews.

It is important to open and fund the account, as well as manage and monitor trades effectively.

Joining a community like the Discipline Trader Academy and utilizing educational resources can provide further support and education.

Links:
1. Email Brian at [email protected]
2. Disciplined Traders Community - https://disciplinedtradersacademy.podia.com/
3. Join our free FB Community - https://www.facebook.com/groups/disciplinedtrader
4. Trading View - https://www.tradingview.com/pricing/?share_your_love=bmontes73
22 min
January 28, 2024Demystify the Stock Market - A Foundation for New Traders
Do you ever wonder how seasoned traders know so much? It's experience and time that builds the knowledge base. The good news is that everyone who trades has to take that first step of learning.
To start new traders on their path to learning how to swing trade,
this episode provides basic introductory information on the stock market. It covers topics such as the market itself, market exchanges, ticker symbols, sectors, bid and ask prices, types of orders, stop loss, and trading terminology. Key learning takeaways are:
The stock market is an exchange where buyers and sellers can trade stocks, facilitated by market makers.

Stocks are listed on exchanges such as NYSE, Amex, and NASDAQ.

Ticker symbols indicate the exchange on which a stock is traded.

Sectors and sub-sectors are important to consider when developing a trading strategy.

Understanding bid and ask prices is crucial for placing orders.

Limit orders provide greater control over buy and sell prices compared to market orders.

Day orders and GTC orders are common types of orders.

Stop loss orders help manage risk in trading.

Bullish, bearish, long, and short are important trading terms to understand.

Questions - Feel free to email me at [email protected]

Interested in the Disciplined Trader Community - https://disciplinedtradersacademy.podia.com/

Interested in Finviz? https://finviz.com/
24 min

About The Disciplined Traders Podcast - Master the Market. Build Wealth. Stay Disciplined

From the publisher's feed

What if every trade you made came from a clear, proven process, not emotion, not hype? Trading is simple. Staying disciplined? That's the hard part. Brian Montes has been trading since 2008,…