Listen to the audio episode: (45:28)
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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. - @AkilStokesRTM Share on XTopics 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!
