124: Advanced Patterns, Forex Price Action & More! (@AkilStokesRTM)

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124: Advanced Patterns, Forex Price Action & More! (@AkilStokesRTM)

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.

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The more organized you are, the less opportunities you're gonna to miss. - @AkilStokesRTM Click To Tweet

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