During this TRADER’S MINDCHAT SHOW, we talk with Akil Stokes from TierOneTrading.com
Akil is a friend of the show. I’ve known him for years. He and his partner Jason Graystone are helping me add Forex to my trading tool box.
We dive deep into a lot of big trading topics. Here are the highlights:
HIGHLIGHTS FROM INTERVIEW
- Leverage
- Similarities between stocks and forex
- Mindset necessary to trade
- Portfolio Heat (the percentage you stand to lose if every trade craps out).
- Self assessment before trading
- Sleep and it’s importance for trading and fitness
- The daily grind and discipline
- How when you stop caring, you can perform better
HIGHLIGHTS FROM Q&A
- Biggest challenges since becoming a pro trader
- Importance of your environment both for newer and seasoned traders
- When should you trade with real money
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