The Trading Coach Podcast
An entertaining blend of professional insights and inspiring stories that cover all aspects of trading, investing, entrepreneurship, and personal development. Join Akil Stokes, a professional trader, entrepreneur, and globally respected trading coach as he delivers new episodes each week.
1356 (Shorter Video Version) - I Lost EVERYTHING to a $215 Million Trading Scam… Here’s What I Learned
Imagine doing everything right as a trader… managing your risk, following your strategy, and protecting your capital—only to discover your broker never actually had your money. The Peregrine Financial Group scandal exposed a nearly 20-year fraud involving more than $215 million in stolen customer funds. Here’s what happened, how the scam went undetected for so long, and the critical lesson every trader needs to learn about broker and counterparty risk.
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Your Trading Coach - Akil
1356 - $215 MILLION GONE: How One Trading Scam Fooled Everyone
Imagine doing everything right as a trader… managing your risk, following your strategy, and protecting your capital—only to discover your broker never actually had your money. The Peregrine Financial Group scandal exposed a nearly 20-year fraud involving more than $215 million in stolen customer funds. Here’s what happened, how the scam went undetected for so long, and the critical lesson every trader needs to learn about broker and counterparty risk.
Please leave a rating/review before you go!
Your Trading Coach - Akil
1355 - What If Everything You’ve Heard About Day Trading Is WRONG?
More screen time doesn’t mean more profits.
In fact, spending 8, 10, or even 15 hours a day staring at charts could be hurting your trading.
In this episode, I break down how many hours you REALLY need to trade, the dangers of overtrading and boredom, and why spending less time in the market could actually make you a better—and more profitable—trader.
If trading is supposed to give you time freedom, why spend your entire day glued to a screen?
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Your Tradin...
1354 - Are You Doing Your Trading Analysis at the WRONG Time?
What if the secret to trading less… is actually preparing more?
Most traders see the weekend as their chance to escape the markets. I see it completely differently.
After more than a decade of doing my weekly market analysis, I’ve discovered that the time I spend studying the markets on the weekend is actually one of the biggest reasons I have so much freedom during the trading week.
In this episode, I’m breaking down why the weekend is my favorite time to trade—and why your weekend routine might be holding the key...
1353 - The Hidden Reason You're Still Not Consistent (It's NOT Your Strategy)
Most traders think they need a better strategy. The truth? They usually need fewer strategies.
In this episode, we uncover the real reason traders stay stuck in the cycle of learning without ever becoming consistently profitable. We discuss why chasing new ideas destroys confidence, how backtesting builds unshakable belief, why your trading style must match your personality, and the mindset shift required to stop collecting information and start executing with consistency.
If you've ever wondered whether you're missing the "secret" strategy, this conversation may completely change the way you approach trading.
1352 - Why Your Trade Triggered... But Mine Didn't
Have you ever compared the same currency pair on two different brokers and noticed the prices didn't match? One chart triggered your trade while another didn't. Does that mean one broker is wrong—or your strategy can't be trusted?
In this episode, I explain why Forex brokers display different prices, how decentralized pricing actually works, whether different data feeds affect your backtesting, and the smartest way to manage multiple prop firm accounts without creating unnecessary work. If you've ever questioned your charts or wondered which broker to trust, this episode will clear up one of the biggest mi...
1351 - The Greatest 6 Words in Trading
The best trading advice I ever received wasn't about indicators, chart patterns, or finding the perfect strategy—it was just six words:
"Treat your trading like a business."
It sounded simple, but it took years to fully understand what it really meant. In this episode, I'll explain why your trading plan is the foundation of your business, how great trading rules create a real edge, and how you can stay disciplined without becoming a robot. If you're serious about becoming a consistently profitable trader, this episode will change the way you approach the markets.
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1350 - The Tiny Decisions That Changed My Trading Forever
The biggest turning points in my trading journey weren't dramatic breakthroughs—they were a handful of small, seemingly insignificant decisions that completely changed the direction of my career. In this episode, I share the choices that made the biggest impact and how making the right small decisions today can lead to extraordinary results tomorrow.Support the show by leaving a rating/review.
Your Trading Coach - Akil
1349 - The Biggest Risk Management Mistake in Trading
In this video, I answer a question from a trader who built a profitable trading strategy—but noticed one of the assets lost money over an entire year. Does that mean the strategy is broken?Along the way, I share the painful trading lesson that cost me $60,000, explain why building a trading portfolio is much more complicated than simply adding more currency pairs, and reveal one of the most misunderstood concepts in trading: correlated risk.
Your Trading Coach - Akil
1348 - Japan’s $74 Billion Forex Intervention Failed... When Could They Strike Again?
Japan fired a $74 billion warning shot at the forex market—but USD/JPY ignored it.
In this episode, we uncover why Japan’s intervention didn’t create a lasting reversal, what’s really driving yen weakness, and the key factor that could determine whether Japan steps back into the market again.
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Your Trading Coach - Akil
1347 - Are Larger Profit Targets Actually More Profitable?
Should you aim for bigger profit targets, or is taking smaller, more consistent gains the smarter approach? In this episode, we break down the pros and cons of each, explore why the answer isn't as simple as it seems, and show you how to use data—not emotions—to determine the best profit target for your trading strategy.
Learn to Trade at www.TierOneTrading.com
Your Trading Coach - Akil
1346 - One Strategy vs Multiple Strategies: The Truth About Trader Development
Many traders think the answer to success is learning more strategies, more indicators, and more techniques. But what if that’s actually slowing down your progress?
In this episode, I answer a trader’s question about whether it’s better to master one strategy or learn multiple approaches. We’ll break down how to develop your trading skills the right way — maximizing your potential, using your time efficiently, and avoiding the overwhelm that causes so many traders to lose focus (and sometimes blow their accounts).
Learn to Trade with me at www.TierOneTrading.com
Your Tra...
1345 - The REAL Reason You Keep Breaking Your Trading Rules
Most traders think breaking their trading rules is a discipline problem...
What if they're wrong?
In this episode, I reveal the surprising reason so many traders fail to follow even the most objective trading plan—and why the solution may have nothing to do with willpower. We'll dive into the psychology behind pattern recognition, the power of repetition, and a simple shift that can dramatically improve your execution.
Learn To Trade at www.TierOneTrading.com
Your Trading Coach - Akil
1344 - How Much Screen Time Does a Trader REALLY Need?
Do profitable traders spend all day staring at charts? In this episode, we break down how much screen time you actually need, why more hours don't equal more profits, and how to build a trading routine that fits your strategy—not your emotions.
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Your Trading Coach - Akil
1343 - The Hardest Market Condition To Trade Through & Why | Trading Psychology Explained
In this episode, I explain how professional traders think during sideways markets, why consolidation isn't automatically bearish or bullish, and the psychological shift that completely changed my trading career.
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Your Trading Coach - Akil
1342 - Why Trading Gets HARDER As You Make More Money
Most traders think bigger accounts make trading easier.
The truth? A strategy that works on a small account will still work on a large one—but as the money grows, so does the psychological pressure.
In this episode, we'll uncover the hidden challenge that catches many profitable traders and discuss how to scale your account without letting your emotions sabotage your success.
Come learn to trade from us at www.TierOneTrading.com
Your Trading Coach - Akil
1341 - The Only 5 Things You Actually Need to Become a Profitable Trader
In this video, I'll break down the **only 5 things you actually need** to build a successful trading career—and chances are, most of them aren't what you expect.Whether you're just starting out or you've been struggling for years, these lessons can save you thousands of dollars, countless hours, and help you focus on what actually moves the needle.
Learn to Trade at www.TierOneTrading.com
Your Trading Coach - Akil
1340 - YouTube Growth Tool & A Mistake That Nearly Ended Everything
Most traders believe success comes down to finding the right strategy. But what if the real difference-maker is accountability? In this episode, I break down a form of external accountability & how YouTube can be used as a tool for growth instead of a distraction.
Your Trading Coach - Akil
1339 - Stay In Your Lane... Until It's Your Turn (Keep Your Learning Simple)
It's not money. It's not talent. And it's not your strategy. In this episode, we'll uncover the overlooked ingredient that separates traders who make progress from those who stay stuck, along with practical advice on backtesting, keeping your learning simple, and playing the long game.Freedom Trader Recordings - https://tieronetrading.com/freedom-trader-recordings/
Your Trading Coach - Akil
1338 - The #1 Question Every Profitable Trader Asks (But Most Never Do)
Most traders think they know why they lose trades... but they're usually fixing the wrong problem.In this video, I'll show you how a simple problem-solving technique known as the 5 Whys can help you identify the real reason behind your trading mistakes and improve faster.
Your Trading Coach - Akil
1337 - New Trader Starter Guide: 5 Books Every Beginner Must Read
Most beginner traders waste years learning the wrong things. In this episode, I share the 5 books every new trader should read—and the exact order to read them. Learn how to build the right foundation, master technical analysis, develop a professional mindset, and avoid the mistakes that keep most traders from ever becoming consistently profitable. Whether you trade Forex, stocks, futures, or crypto, this reading list can dramatically shorten your learning curve.
Your Trading Coach - Akil
1336 - The Rise And Fall of A Stock Trader
Before forex, Akil was a stock trader searching for the next great opportunity. In this episode, he shares his approach to investing, the research behind his decisions, and the mistake that ultimately changed his path.
A story about stocks, mentors, failure, and the lessons that shaped the trader and coach he is today.
1335 - 10 Things Smart Traders Do Differently (Most Traders Never Learn This)
What separates successful traders from struggling traders?After nearly 20 years of trading and 15 years of coaching traders from around the world, I've noticed that profitable traders share many of the same habits. Surprisingly, it has very little to do with finding the perfect strategy or indicator.In this video, I'll reveal 10 things smart traders do differently, including why they trade less, how they handle mistakes, why journaling is essential, and the hidden habits that help them stay profitable over the long term.
Your Trading Coach - Akil
1334 - The Best Trading Strategy Doesn't Exist (Here's Why)
What's the best trading strategy? It's the question every trader asks—and the answer might surprise you. In this episode, I share the expensive lesson I learned after years of testing strategies, chasing "holy grails," and discovering why profitable traders focus on something far more important than finding the perfect system.
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Your Trading Coach - Akil
1333 - Why Most Traders Lose Before They Even Enter a Trade
What Should You Think Before Entering a Trade?
Should you expect to win, prepare to lose, or make no assumptions at all? In this episode, we explore the three most common pre-trade mindsets and how each one can impact your psychology, decision-making, and long-term trading performance. Learn why probability-based thinking may be the key to becoming a more disciplined and consistent trader.
The Freedom Trader 2 -Day Online Trading Event
https://training.tieronetrading.com/freedom-trader-2-day-workshop63847604
Your Trading Coach - Akil
1332 - SpaceX IPO: What Happens Next? Options Trading, Volatility & The Truth About the Valuation
The SpaceX IPO has officially launched, but the biggest question isn't what happened on day one...It's what happens next.In this video, we break down why SpaceX stock could become even more volatile in the coming weeks as options trading begins, stock sale restrictions eventually expire, and investors continue debating whether the company's massive valuation is justified.
Your Trading Coach - Akil
1331- Why Your Trading Personality Might Be Limiting Your Success (Stop Using Labels)
Your trading personality can help you find a starting point—but it can also quietly become a limitation. In this episode of the Trading Coach Podcast, we break down why labels like “scalper,” “swing trader,” or “I’m just not that type of trader” can hold you back more than they help you. Learn how to use personality insights as a tool for awareness, not restriction, and how the best traders adapt to the market instead of their identity.Your Trading Coach - Akil
1330 - We QUIT Day Trading! Timeframes, Timing & Seasonality in Trading
Timeframes, timing, and seasonality can completely change your trading results—and most traders overlook it. In this episode, we also explain why we stepped away from day trading and reveal how a trillion-dollar market continues to repeat the exact same formations, despite everything.Learn to Trade at www.TierOneTrading.com
Your Trading Coach Akil
1329 - Why Traders Fail When Real Money Is on the Line (The Psychology Nobody Talks About)
Why do traders perform so well on demo accounts, only to struggle when they start trading live?
In this episode, we explore the psychology behind trading pressure, performance anxiety, and the hidden mental barriers that cause traders to abandon their plans when real money is at risk.
📈 FREEDOM TRADER 2-DAY ONLINE WORKSHOPhttps://training.tieronetrading.com/freedom-trader-2-day-workshop63847604Your Trading Coach - Akil
1328 - You Don't Need to Know Everything to Succeed in Trading
Many traders believe the key to success is learning more strategies, adding more tools, and finding the perfect system. The reality is often the opposite.
In this episode, Akil shares the story of his own trading evolution—from the strategies he started with to the lessons that helped him become the trader he is today. Discover why simplicity beats complexity, how routine creates consistency, why perfection isn't the goal, and how focusing on what truly matters can accelerate your growth as a trader.
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1327 - The Trader's Crossroads: Relearn It or Move On?
Have you ever wondered whether you're struggling because you don't understand a trading concept—or because you simply need more experience applying it?
In this episode, we interview an aspiring trader to tackle one of the most common questions in trading development: Should you go back and relearn a topic, or is it time to move forward?
Your Trading Coach - Akil
1326 - SpaceX IPO Breakdown: What Investors Need to Know
In this episode, we break down what investors need to know about the highly anticipated SpaceX public offering, including Elon Musk's ownership stake, insider share allocations, the company's massive AI partnership with Anthropic, and the risks that could impact its future. Whether you're new to investing or a seasoned market participant, this is your beginner-friendly guide to understanding one of the most talked-about IPOs of all time.
🖥️ FREE Trading Computer Builders/Buyers Guidehttps://www.tradingcomputerbuyersguide.com/optin-629312741738938873920 You Trading Coach Akil
1325 - NFP Week Is Here! The 4 Market-Moving Events Every Trader Must Watch
The biggest trading week of the month is here, and there are several major economic events that could create significant volatility across the forex, stock, and futures markets.
We'll also review last week's biggest market-moving events, including the latest developments in the US-Iran situation, the Reserve Bank of New Zealand's hawkish hold, softer US inflation data, and what recent economic releases mean for future interest rate expectations.🪑 Reserve your seat for our upcoming Trading Workshophttps://training.tieronetrading.com/freedom-trader-2-day-workshop63847604Your Trading Coach - Akil
1324 - I Answered Your Biggest Trading Questions (AI, Systems & Psychology)
In this episode of The Trading Coach Podcast, Akil Stokes answers your biggest trading questions covering strategy development, AI in trading, Forex vs Futures, and knowing when to stick with — or abandon — a trading system.
If you’re struggling with consistency, confidence, or strategy evaluation, this episode is for you.
🚨 Join Our Upcoming 2-Day Trading Workshop:https://training.tieronetrading.com/freedom-trader-2-day-workshop63847604SForcaster Video
https://www.youtube.com/watch?v=vPqQh1vtueQ&t=604s
Your Trading Coach - Akil
1323 - The Law of Reversed Effort in Trading Explained
In this episode, we dive into one of the most counterintuitive truths in trading: the harder you force success, the further away it often gets. We break down the concept of the “Law of Reversed Effort” and explore why traders perform at their best when they stop chasing outcomes and allow themselves to think creatively and freely.
Upcoming 2-Day Trading Workshop
https://training.tieronetrading.com/freedom-trader-2-day-workshop63847604
Your Trading Coach - Akil
1322 - he Most Important Forex Events This Week | USD, AUD, JPY & CAD Outlook
This week in the forex market, inflation data, GDP reports, and central bank decisions could create major volatility across the USD, AUD, JPY, and CAD. In this episode, we break down the biggest economic events traders need to watch and what they could mean for the markets ahead.Your Trading Coach - Akil
1321 - The Old-School Trading Habit That Builds REAL Skill (And AI Can’t Replace It)
What if the fastest way to become a profitable trader… is actually slowing down? 🐢In today’s episode of the Trading Coach Podcast, Akil Stokes breaks down why modern traders may be relying too heavily on shortcuts, AI summaries, and “quick fixes” instead of truly learning the skill of trading.📚 Book Mentioned:Diary of a Professional Commodity Trader
Your Trading Coach - Akil
1320 - Solving A Market Mystery (Risk-On vs. Risk-Off Explained)
In this episode of the Trading Coach Podcast, Akil Stokes breaks down the REAL reason behind the massive Aussie rally and explains how market sentiment, geopolitical news, and risk-on vs risk-off behavior impact the forex market.
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Your Trading Coach - Akil
1319 - A Hard (But Necessary) Conversation
In this episode of the Trading Coach Podcast, Akil Stokes breaks down what really happens inside the live trading room beyond just chart analysis and trade setups. He shares how consistent market reps, real-time feedback, and tough but necessary conversations help traders develop true skill and discipline. Join us in the Live Trading Rooms at www.TierOneTrading.com
Your Trading Coach - Akil
1318 - This Week’s BIGGEST Forex News Events Explained (Beginner Friendly)
What are the biggest forex news events traders should watch this week?
In this episode of the Trading Coach Podcast, Akil Stokes breaks down the major economic news releases and explains what they mean for the forex market in a beginner-friendly way.
Learn to Trade at www.TierOneTrading.com
Your Trading Coach - Akil
