Forex Training: Building A Rules Based Trading Strategy



Find Out If You Have a Solid Trading Strategy by Taking Our Trader Assessment http://tradeempowered.com ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- FOREX TRADING: Do you have a solid trading strategy? That’s the question I attack in this week’s FOREX TRADING video. Along with explaining the importance of having a rules based system, I walk you through how to set up one using the IF/THEN thought process. In the example given I looked at a trend continuation opportunity using simple New Structure High & Outside Return principles. If you’re unfamiliar with these make sure you check out our FREE training lessons over at http://tradeempowered.com/learn-to-trade/ ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- 0:50 – Inside the Warroom with Jason Stapleton 3:30 – The Importance of Having a System 9:00 – Building a Rules Based Strategy 17:24 – What it takes to be a Professional trader Akil Stokes Chief Currency Analyst 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 Click the link below to subscribe for more FOREX TRADING videos https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1

Comments

  1. Great video. This video seam to come more from the heart than your other videos. great content
  2. Great video ! When you are talking about backtesting a strategy, do you go back in time and simulate trades manually ? Or do you use something to automate that process ? Also, what do you consider a big enough sample size ?
  3. Each time I watch a video of you guys it´s like, please don´t end yet, keep talking keep talking!! It has been a while now following you and I hope each trader at least once in his trading life will have the opportunity to watch your videos or came across TE and stop bleeding their accounts. Great video, great information and great people.
  4. Is this how you "make" an formation? What did i do wrong? https://gyazo.com/b67c705f422143c2fde5ab15cfaf41f5
  5. A-kill-zone,, supeeerrrr vid you bring It on..😇
  6. Hey Akil....Mark Douglas's book is amazing.....he is really gets to all the issues that aside from having an excellent system,
    which is a assumed, you still have to master all the emotional problems that can be detrimental to your trading. Probably the best book out there on this subject.....thanks again for your amazing videos
  7. everytime i watch that rant at the end always gets me fired up lol
  8. your idea got across - confirmed!
  9. good advice
  10. Roger that +Akil Stokes...but indirectly I'm sure your managin spondulicks.

    Come on man hook a brotha up 😂😂

    There's exceptions to every rule sir... Nah I'm guessing I'm in need of a broker? I'm just trying to cure my ignorance lol... Thanks for the videos!
  11. Yo can i Just give you the money and "forget about it" lol
  12. Great video Akil, I found myself in this video topic..and you gave me clear answer, how to compose the plan and how to think about other aspects in trading. And Jason, thanks for pointing how serious is this business.
  13. No words need to be said!
    Wonderful
  14. Always great videos! Thank you for all your help!
  15. Great video guys! And very timely. I went to trading real money on December 1st last year and have been doing OK. However, I have recognized that the trading plan I devised (in my head) was never written down and lately I find myself second guessing my entries and exits. What I really need is to write down the plan and to follow it - every time! So, I'll be doing this starting today and following it throughout the remainder of the year and I'm sure that I'll be seeing better performance. Thanks again for taking the time to do these videos. There are a big help.
  16. Great video akil. Love the reminder that I need a plan. backtesting one now. OMG can you believe all that tedium is paying off. Of course you can cause you've been there and you guys are so right. Hope the heir and apple of your eye is feeling much better soon. All the best to you and the family. Elizabeth
  17. Hey Guys, Super green here...What type of setup should I use? Metatrader4?...Is Nadex a wise choice for a broker?Whats the best way to set this up? Hope to here from ya...Good Luck to all!
  18. Hi akil, very good video, I have 1 question, think that graphic is like yours at 1 hour TF, But at 4 hour graphic it is making correction. what will we do, which way will we trade. way for 1 hour, or 4 hour ? thanks alot again this video
  19. Thank you for this video Akil, you got my attention when you mentioned about the filters on trading ABCD patterns, would love to hear more about that (I guess RSI convergence, S&R levels, etc.) Thanks again for sharing this knowledge.
  20. I enjoy all videos, very entertaining and knowledgeable. When is your next video? I'm sitting here waiting. lol


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Visibility: 7287

Duration: 23m 36s

Rating: 295