In this episode, host Akil Stokes explores how subconscious "cognitive scripts"—mental shortcuts formed by early experiences—can sabotage traders before they even start. He outlines two key scripts: the "sequel script," where past beliefs about money (e.g., that money is evil or that successful traders must come from privileged backgrounds) limit entry into trading, and the "epic script," driven by societal pressure to achieve outsized, flashy success, which can distort expectations and cause burnout. Akil shares personal anecdotes and mentorship stories that illustrate how re‑programming these scripts through exposure to diverse role models and deliberate questioning can unlock consistent profitability. The episode offers practical advice on recognizing and rewriting limiting scripts to improve trading performance.
In this episode, host Kiel Stokes breaks down trailing stops—a risk‑management tool for protecting profits and limiting losses—explaining three main approaches: profit/movement‑based stops, price‑action‑based stops, and indicator‑based stops such as the Parabolic SAR. He demonstrates each method with live chart...