Forex Trading for Beginners: The 4 Stages of Trading

Forex Trading for Beginners: The 4 Stages of Trading



Start Getting Ready for the New Year by Taking Our Trader Assessment

Trader Assessment


———————————————————————————————————–
———————————————————————————————————–
FOREX TRADING: A look at the 4 stages of trading and how a trader typically develops as they go through them.
———————————————————————————————————–
———————————————————————————————————–
Akil Stokes
Chief Currency Analyst at Trade Empowered
Click here for 20+ hours of FREE Training

Free Training

Facebook: https://www.facebook.com/AkilStokesTrader
Twitter: https://twitter.com/AkilStokesRTM
Click the link below to subscribe for more FOREX TRADING videos
https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1

38 Comments

  1. Hey man, is what should I do after I finish babypips.com?

  2. Nice video, where do I get a demo account?

  3. is it discipline from just being lazy or careless with money or people not sitting down to really educate themselves and make a plan with this?

  4. i'd like to start doing some forex trading i just don't know how/where to start 🙁 i need some guidance

  5. I can't find that copy of HEDGE FUND anywhere

  6. Fatima Ikhourbin

    we want strategies or something useful we don't want bla bla bla

  7. Great Vid Akil.

  8. wao,,,,,, I wish I knew how to trade long ago…. am sure with your training videos, I can still keep up….. thumbs up for you brother.

  9. John D (TheResidualGroup)

    Akil, Im a beginner when it comes to trading. I have been researching and reading, however there is so much information to process. Where should someone like me start?

  10. how do i reach stage 3, i just deposited a 250$ on a binary options account and lost it all, i made around 45 trades won 13/45. I was blindly taking desicions following the 'trend' strategy that everyone was talking about and as i can see 80% of it were wrong desicions. what are the rules that i should take in order for me to reach stage 3, and what strategy should i use. Thank you in advance Akil.

  11. great info. It was refreshing to be reminded that being a successful trader also requires learning new skillsets that are not always aligned with charts and techniques. Great job and I learned alot from this video.

  12. gangstarfilipino

    thank you akil! appreciate the time you put in to help us! much love

  13. Great video, Akil. Thank you for sharing your knowledge. I especially like your new idea of isolating your time, etc. You mentioned that we should go to Charles' page, but I do not see a link to his page in the video description. If you do see this comment would you mind posting a link to his page, please? Thank you!

  14. Prashant Limkar

    hey Akil wud it be possible for you and ur team to create ur channel on vimeo .com or dailymotion.com ?? it wud be very much help full for me.

  15. Terrence Gordon

    Please send me the link to your web site.

  16. Terrence Gordon

    I would like to see much more. This video a great reminder of do's and don'ts.

  17. Great video Akil. Not only did you steal Graystones's image you stole mine as well. Lol

  18. thanks akil!!! you should receive a doctorate degree for trading education!!! :)

  19. How long did it take you to go from stage 3 to stage 4 Akil?

  20. Fantastic video Akil. How long have you been trading for man ?

  21. Jason Graystone

    Awesome man! And you used my pic at the end!

  22. Akil can you talk/post about your ATR stop loss strategy?

  23. Your vids always inspire me to get better

  24. I don't know why people look down on demo accounts. It makes no sense to 'discipline' yourself for the first time on a real account, or test new strategies out on a real account and wind up losing money. At least on demo, you can hone in on what you're good at, study price action, then start trading small microlots on a real account when you're ready and move up.

  25. Thanks Akil, this video was a perfect example of the stages we go through as traders. I never thought of it in the way you explained it in this video. Very educational and keep the great knowledge coming. I try to watch at least one video of yours, or of other professional traders every day because if you want to accomplish something then the easiest way is to be around other people that have already accomplished it. Thanks alot for posting so many videos. You have helped me tremendously on my path to becoming a professional trader!

    Best reguards,
    steven

  26. Thanks Akil..
    Week off for me as well, gonna chill out and catch up on my reading..
    I cant believe he is One already, he will be doing babypips this time next year.. 🙂
    Have a great week and don't eat too much turkey 🙂
    atb
    Tony

  27. Great video as usual. You described me ro a tee. I'm definitely a conscious incompetent trader! lol Got to learn to accept the small loses instead of allowing them to compound. I'm very stubborn; but starting to think it's time to invest in training or leave it alone.

  28. Thanks Akil great video

  29. Great video Akil!

  30. Hey Akil, when I heard you where doing a video on the 4 stages I was really looking forward to it. After watching it I can say I it was very enjoyable and interesting, and I know now I am 100% at level 3. Its funny I had 2 losers this week and one of them I broke a rule to enter the trade and the other was a perfectly executed trade. Its strange, but when you are moving that limit order to a new position you know in the back of your head you should,nt do that, but I seem to have done it any way, but on the other side of coin, when the auto system is in draw down its dos,nt seem to bother me that much. Any way, if I don,t get into the live room today, then have a great holiday week.

  31. Thank you for a great video as always! I believe we're now really strict in following our rules but this drawdown just keeps getting worst. It feels like we're just going down forever. Even though we've really been back testing and are getting great results on that 🙂 How come I can't seem to get a draw up? 🙂 Thanks again for all the help and motivation to keep going! We really appreciate your videos and help!

  32. Geoffrey Henrotte

    Really interesting video
    To be honest I prefer video like today than a forecast of the market because psychology of a trader is not something I can learn in by my self
    So thank you again

  33. Maurício C. Rodrigues

    keep going !

  34. no way he just turned 1 ?? Oh man i felt that he was born just a few days ago !!

  35. Where's my t-shirt?

  36. Ernest Paleczny

    Great Video !!!

  37. Your video is spot on Akil. I've experienced those motions each step of my journey. I found this refreshing and a push not to regress.

Leave a Reply

Your email address will not be published. Required fields are marked *