Dec 25, 2017
Advanced Patterns, Forex Price Action & More! – Show Notes
In episode 124 of the Desire To Trade Podcast, I re-interview full-time Forex trader Akil Stokes. We discuss your top questions on advanced patterns, trading price action, as well as how to go from struggling to highly successful as a Forex trader.
"The more organized you are, the less opportunities you're gonna to miss." - Akil Stokes
Topics Covered In This Episode
- Akil Stokes introduces himself 2:00
- Akil's trading style and the transition he went through 3:14
- What are advanced patterns and how to use them 4:22
- The top advanced patterns traders should focus on 6:40
- Why Akil Stokes transitioned from trading patterns to trading price action 8:41
- How did Akil come up with his price action strategies 12:05
- How to create strategies that work on multiple pairs 14:38
- How to get organized and keep track of your trading strategies 17:00
- How to deal with the noise in the Forex market 18:50
- How to create a highly specific trading plan for success 21:10
- How to become good at identifying zones & reading price action 23:50
- How Akil Stokes spend his time to become a better Forex trader 26:20
- A little insight on TierOneTrading 28:23
- What Akil Stokes tells people who think indicators are bulls*** 29:50
- What stop loss you should use for best results 33:10
- Using a mental stop vs. hard stop 34:30
- Akil Stokes shares his thoughts on Bitcoin and trading it 36:40
- Akil's thoughts on trading with expert advisors (EAs) 38:31
- What we recommend people doing to improve their trading during the Holidays 40:44
- A powerful unexpected piece of advice from Akil 42:20
DesireToTRADE Top Resources
- Desire To TRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist (free checklist!)
- One-Page Trading Plan (free template!)
- DesireToTRADE Academy
How To Find Akil Stokes?
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!