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Why is it SO important to have a trading strategy? What about risk management, why is that important? The bottom line is that you want to work from a strategy so that you have consistent results—not lucky ones. Today’s guest on the How To Trade It podcast—Akil Stokes—emphasizes that you need to place process over outcome as a Forex trader. Why? Listen to hear his thoughts on the matter!

Akil is an investor, Forex trader, trading coach, and host of The Trading Coach Podcast. Additionally, he is the co-founder of Tier One Trading, featured in Forbes as one of the leaders in trading education. He got his start in 2007 while working through college and juggling three jobs, one of which was a janitor. Every extra minute was devoted to learning about trading. Akil is also a Track & Field Coach at Millersville University and a proud husband and father of two. His drive is purpose & legacy.

You’ll want to hear this episode if you are interested in...

• [00:45] How Akil got started in trading. 
• [03:05] Akil talks about his first stock purchase. 
• [04:25] What Akil would have done differently. 
• [05:03] Why Akil decided to make trading a career. 
• [06:13] Why become a Forex trader?
• [07:56] Big mistakes: everyone makes them—even Akil.
• [11:38] Akil’s setbacks and how he shakes them off. 
• [17:18] How Akil decided to become a coach.
• [19:10] Giving back and leaving a legacy.
• [21:47] Setting expectations for beginners.
• [24:48] What Akil is doing now to help other traders.

Resources & People Mentioned

• 14-day risk-free trial membership

Connect with Akil Stokes

• Check out Akil’s website
• Find him on Facebook
• Follow Akil on Instagram
• Subsc

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