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.

Watch the video interview

"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?

• TierOneTrading (coming in 2018)
• Youtube
• Twitter
• Instagram

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!