How to develop the perfect trading strategy with Akil Stokes - #248

In this podcast episode, we talked to trader and educator Akil Stokes who shares his journey, trading philosophy, and advice for traders at all levels. He emphasizes price action trading, using structure and patterns.

Akil discusses his shift from strict mechanical trading to a more discretionary price action approach, highlighting the importance of aligning a strategy with a trader’s personality. He also stresses the value of data-driven decision-making, backtesting, and maintaining a trading journal.

The conversation covers scaling up capital, transitioning from day trading to swing trading, and why traders often exit profitable trades too early. Akil also talks about the importance of discipline, curiosity, and adapting to market changes.

For those balancing trading with a full-time job, he advises scheduling trading time wisely and focusing on higher timeframes if necessary. Lastly, he shares insights on prop firms, risk management, and the importance of patience in trading success.

 

► Connect with Akil:

Twitter: https://x.com/AkilStokesRTM

Website & more: https://tieronetrading.com/akil/

 

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Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

 

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