1356 (Shorter Video Version) - I Lost EVERYTHING to a $215 Million Trading Scam… Here’s What I Learned

1356 (Shorter Video Version) - I Lost EVERYTHING to a $215 Million Trading Scam… Here’s What I Learned

Author: Akil Stokes August 15, 2026 Duration: 10:31

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


Akil Stokes has spent years in the trenches as a professional trader and entrepreneur, and in The Trading Coach Podcast, he turns that hard-won experience into a resource that feels like a candid conversation with a trusted mentor. Each week, he moves beyond dry charts and theory to explore the real, interconnected world of building wealth and a resilient mindset. You’ll hear practical strategies for navigating markets, but also frank discussions about the psychological hurdles every investor faces and the entrepreneurial spirit that fuels long-term success. This isn't just about picking assets; it's about cultivating the discipline and perspective necessary to manage them effectively. The podcast thrives on a blend of professional insights and compelling stories from Akil's own journey and the broader community, making complex topics accessible and genuinely engaging. Whether you're actively managing a portfolio or just beginning to consider your financial future, these episodes offer a grounded, holistic approach to growth that acknowledges the human element behind every trade and business decision. Tune in for a regular dose of clarity and motivation that addresses the full spectrum of trading, investing, and personal development.
Author: Language: English Episodes: 50

The Trading Coach Podcast
Podcast Episodes
1347 - Are Larger Profit Targets Actually More Profitable? [not-audio_url] [/not-audio_url]

Duration: 11:18
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, an…
1345 - The REAL Reason You Keep Breaking Your Trading Rules [not-audio_url] [/not-audio_url]

Duration: 8:25
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…
1344 - How Much Screen Time Does a Trader REALLY Need? [not-audio_url] [/not-audio_url]

Duration: 7:15
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 str…
1342 - Why Trading Gets HARDER As You Make More Money [not-audio_url] [/not-audio_url]

Duration: 14:50
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…
1340 - YouTube Growth Tool & A Mistake That Nearly Ended Everything [not-audio_url] [/not-audio_url]

Duration: 12:33
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…