Learn To Trade Forex: A Trading Challenge for Struggling Traders | Forex
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Learn To Trade – Are You A Struggling Trader? Check out http://tradeempowered.com/learn-to-trade/ ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- FOREX TRADING: After a massive week typically comes a drawdown. In this week's video I share with you how I'm dealing with it, along with how a single in progress trade is almost guaranteed to pull me out of it. Here's the link to my interview http://tradingstory.com/podcast/35-akil-stokes-trades-fx-and-coaches-track/ ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- 2:15 – EURUSD Gartley Pattern 3:08 – My Challenge To You 5:43 – Technical Analysis Walk Trhough 11:13 – My Interview With TradingStory.com Click the link below to subscribe for more FOREX TRADING videos https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1 Akil Stokes Chief Currency Analysis at Trade Empowered Click Here for 20+ hours of FREE Training http://tradeempowered.com/learn-to-trade/ Facebook: https://www.facebook.com/AkilStokesTrader Twitter: https://twitter.com/AkilStokesRTM
Comments
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Hey Akil, i just watched this video after your most recently tweet, hence the untimely comment! I was wondering what was the best way for a new trader to build a strategy and portfolio - do you use the same techniques everyday on many different pairs or is it best to focus on a few pairs and use any technique that is needed to trade them at the given time. I am a new trader and I want to put some rules in place so I avoid any bad trading habits - what would you recommend?
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I have been watching your videos and Jason's video as well for quite sometime now. I'm very impressed on how you guys manage your trading. You have been a very great help to me. Hope to meet you guys in person sometime in the future. :)
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Thanks Akil! Great video as usual - and yes I am finally watching this two weeks late! Makes sense to hear you recommending concentration on fewer pairs. I've been trading real money so far with only one currency pair - the AUD/USD. Doing fairly well so far. Not hitting my goals, but doing OK. Once I'm closer to my goals, I'll be looking for another pair that is not too closely correlated.
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Interesting tie Akil, I just ordered a used copy of "Trade what you see" fingers crossed that the pages aren't "stuck together" you never know with us traders ;)
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8? lol I'm doing only 1 !
chalange done, next?
:D
thanks for vid :) -
does anyone know what brokers do Jason and Akil use?
ps: Love the videos! -
519 trades - 495 profit trades, 24 - loss trades, consecutive wins - 45, consecutive losses - 2 ... i gotta be 1 of the best traders in the world ;^)
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A 2nd week in the live room? ... Christmas came early this year!
You are an excellent teacher Akil! It takes patience and you clearly got it.
A couple awesome Akil quotes from the 1st week:
THUMP! "Hang on ... was that the baby?" LoL!
"I'm competitive in everything, somebody challenges me to a race on the street, I want to win!" - I thought: "What dum dum challenges a sprint coach to a race? Terrible Risk / Reward in my view" :) -
I accept your challenge! I will admit I watched this the day after :/ lol. I was outside all of yesterday enjoying the summer. I'm in the syndicate now and I've really enjoyed the live room thus far, it is very valuable. I greatly appreciate the time and effort that you put into all the content that you create as well. It has been very beneficial for identifying the error of my ways. Look forward to seeing you in the live room next week!
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Things that you talk about around 4:00 works. For 2 months I've traded EU and GOLD. Start amout was 100 ... after 2 months there was 17,5k. My eqity curve looks beautiful. But still I have problems with SL and loosing trades... work in progres. BTW after those 2 months I've made back all I've lost from when I started FX trading.
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Some I how got back up to 19 pairs, I need this challenge to get back to my plan rules. Challenge Accepted.
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is 8 pairs considered a lot to focus on or a little? do experienced traders have more than 8 pairs?! that sounds like an extremely tough portfolio.
thank you so much for the videos! it really helps out breaking into the barriers of the trading world -
Hey Akil thanks for the useful content again :)
Off subject, but have you noticed that your videos seem to have your monitors in focus but you are blurry a bit? Just wanted to point that out because it seems maybe you aren't aware of it. Be well and thanks for always setting the example of following your plan. -
Thanks for the great sharing. GBPAUD just swung upwards and busted the upper structural support.. Gonna wait for the retracement down to the lower zone before taking the bull.
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Nice video as always.
I join the live room this week and i find it very valuable.
Want to ask about "the move have been made". When I trade pattern, if it miss the D point by 5 pips and hit 382. I will consider "the move have been made" and i won't trade this pattern if it hit the D point later.
Is this the right way to handle pattern?
If yes, how do you handle the patterns with 60 pips XA & 600 pips XA leg when it come to above situation? -
Sorry to drop this question from nowhere, but what leverage do you use personally?
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Nice video which currency pairs do you focus on?
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Akil, the more regular I watch your videos the more I learn. Thank you! What time does the Live Room take place? (I'm UK based)
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Shame upon those who watch the video after 2 weeks. Lol. Nyc video Akil.
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The beginning part really helped. I have been focusing on Trading for the past 3 years and I have not made consistant Profit. I am going down a path, I want my life to be about and that, "He knows his statisticss, He's expected lose when he enters a trade." It helps. Thank you. ^__^