86755
Saving retail traders from self-destruction Learn more: Tradingwithrayner.com Join us: https://t.me/tradingwithrayner
Mean reversion Trading Strategy That Works (86.84% Winning Rate)
Learn More 👉 https://www.tradingwithrayner.com/mean-reversion-trading-strategy/
Share ✌️ http://t.me/tradingwithrayner
Trading Psychology: 3 Profitable Tips To Trading Success
Learn More 👉 https://www.tradingwithrayner.com/trading-psychology/
Share ✌️ http://t.me/tradingwithrayner
A Simple Trading Strategy with a winning rate of 88.89%
Learn More 👉 https://www.tradingwithrayner.com/trading-strategy-winning-rate-of-88-89/
Share ✌️ http://t.me/tradingwithrayner
The Definitive Guide to Price Action Backtesting
Learn More 👉 https://www.tradingwithrayner.com/backtesting/
Share ✌️ http://t.me/tradingwithrayner
[Pullback stock trading tips]
When it comes to stock trading, it’s possible to have hundreds of stocks forming a pullback trading setup at the same time.
So the question is:
How do you know which stocks to buy and which to avoid?
Well, the secret is to focus on stocks which have increased the most in price over the last 12 months.
Why?
Because these are stocks likely to outperform the market (and it’s been proven in theory as well according to the paper Returns to Buying Winners and Selling Losers by Jegadeesh and Titman).
So, how do you apply this to your trading?
1. Rank stocks according to their rate of change (ROC) over the last 50-weeks—from the highest to the lowest
2. Look for a pullback trading setup on stocks with the highest ROC value. If there isn’t, then move to the next stock (with a lower ROC value)
3. The top 5 stocks with a valid pullback trading setup are the ones to focus on
Pro Tip:
You can use a platform like Thinkorswim to help you rank the stocks, and it’s free.
Trading = Spending years to acquire a skill so you can be free for the rest of your life
Читать полностью…
[Always be a student of the markets]
Here’s my learning curve as a trader:
I started with indicators, then price action trading.
And for a few years, I thought that’s all I needed because after all, the price is king and that’s all I needed to be a profitable trader.
But that hurts my growth because I tuned out everything else (and limited myself only to price action trading).
When I realized my folly, I quickly went back to being a student of the markets.
So I asked myself:
“What are other winning traders doing to profit from the markets?”
That’s when I got exposed to trend following, systems trading, mean reversion trading, etc.
By expanding my knowledge and incorporating different strategies, I was able to find more trading opportunities (most traders are blinded to).
So here's the deal...
You may (or may not) be a profitable trader but, it doesn’t mean your learning curve is over because you’re always a student of the market.
I encourage you to keep learning and exploring new strategies.
Don't limit yourself to just one approach, because there's always more to discover.
Ultimately, the key is to remain open-minded and willing to try new things. It can be scary to step outside your comfort zone, but it's often the only way to achieve true growth and success.
Trading can never replace the consistent income of a job.
Because it’s not a job—it’s a business.
[Follow your trading plan regardless of each trade’s outcome]
When I was a 7-year-old, my teacher would give me a “star sticker” whenever I put in the effort to do my homework, regardless of whether the answer is right or wrong.
In other words, she rewards effort, not the outcome.
If you think about it, this approach is highly suitable for trading.
You should reward yourself whenever you follow your trading plan regardless of whether the trade is a winning or a loser.
So here’s how the star system works…
–Every time you follow your plan, you get 1 star
–Every time you didn’t follow your plan, you get -2 stars
–The goal of the star system is to accumulate 100 stars
As you can see, the focus isn’t to make profits.
Rather, it’s to accumulate as many stars as possible by being consistent with your actions.
Remember, a consistent set of actions lead to a consistent set of results.
As a trader, you have to be willing to lose money to make money.
Читать полностью…
How To Setup Your MT4 Trading Platform Like A Pro
Learn More 👉 https://www.tradingwithrayner.com/mt4-trading/
Share ✌️ http://t.me/tradingwithrayner
The Ultimate Guide to Trade Simulator
Learn More 👉 https://www.tradingwithrayner.com/trade-simulator/
Share ✌️ http://t.me/tradingwithrayner
How To Trade Different Types Of Trend Lines (Ultimate Guide)
Learn More 👉 https://www.tradingwithrayner.com/types-of-trend-lines/
Share ✌️ http://t.me/tradingwithrayner
Do you want to read the price action of the markets like a professional trader?
Then download a FREE copy of The Ultimate Guide to Price Action Trading.
You’ll learn how to better time your entries, “predict” marketing turning points, identify explosive breakout trades about to happen, and much more…
Click the link below and grab your copy, it’s free!
https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
Discover 19 Powerful Lessons from the Legend, Jesse Livermore
Learn More 👉 https://www.tradingwithrayner.com/jesse-livermore-quotes/
Share ✌️ http://t.me/tradingwithrayner
An expression of your thoughts, feelings, and attitude—without discrimination.
Trading is freedom.
[The hidden cost of copy trading that nobody tells you]
Copy trading is a business.
So, if you’re not being charged any upfront fee, then you’re paying more for the spread and overnight fees.
I’ll explain…
For most Forex brokers, the spread on EUR/USD is 1 pip. But on a copy trading platform, you might pay 2 to 3 pips more.
But don’t take my words for it because you can compare the spreads of a normal Forex broker with a copy trading platform and you’ll see the difference.
So, what’s the implication?
Two things.
#1: If you’re a trader being copied, then bear in mind your trading strategy won’t work as well because you’re paying more in spread (compared to a typical Forex broker).
#2: If you’re copying another trader, then it’s best to follow traders who trade infrequently so the spread doesn’t eat up a huge chunk of your profits.
Now, the spread isn’t your only cost because you still have to consider overnight fees (if you’re holding positions for longer than a day).
This fee is calculated by taking Libor + X%.
(Libor stands for inter-bank offered rate. It’s an interest rate that banks charge to other banks for borrowing the money.)
So, what is X?
Well, this is the mark up that’s determined by the copy trading platform and you’ll need to check with them for the exact amount.
The good news is, you don’t have to worry about calculating all these because the platform will likely do it for you—so do check it out before placing a trade.
Now, there are probably other fees to consider but the spread and overnight fees make up the chunk of it.
Trading is not a job.
It’s a business.
An identity of the 5%.
An individual who is in control.
A belief that you can achieve when others fail.
How To Find Support and Resistance Levels
Learn More 👉 https://www.tradingwithrayner.com/how-to-find-support-and-resistance-levels/
Share ✌️ http://t.me/tradingwithrayner
The Trend Line Breakout Trading Strategy
Learn More 👉 https://www.tradingwithrayner.com/trend-line-breakout-trading-strategy/
Share ✌️ http://t.me/tradingwithrayner
Do you want to read candlestick patterns like a professional trader?
Then download a FREE copy of The Monster Guide to Candlestick Patterns.
You'll discover how to "predict" market turning points and better time your entries & exits—even if you have no trading experience.
Click the link below and grab your copy, it’s free!
https://www.tradingwithrayner.com/candlestick-pdf-guide/
Simple Breakout Trading System +5,024% (Backed by Data)
Learn More 👉 https://www.tradingwithrayner.com/breakout-trading-system/
Share ✌️ http://t.me/tradingwithrayner
The Definitive Guide to Trading Breakouts
Learn More 👉 https://www.tradingwithrayner.com/trading-breakouts/
Share ✌️ http://t.me/tradingwithrayner
A Complete Guide To Creating And Using A Forex Trading Journal
Learn More 👉 https://www.tradingwithrayner.com/forex-trading-journal/
Share ✌️ http://t.me/tradingwithrayner
The Ultimate Guide To Zig Zag Indicator
Learn More 👉 https://www.tradingwithrayner.com/zig-zag-indicator/
Share ✌️ http://t.me/tradingwithrayner
[You must trade with an edge (otherwise nothing else matters)]
You might be wondering:
“What is an edge?”
In layman’s terms, an edge is something you do repeatedly that yields a positive result.
For example:
The casino has an edge over the players because with more bets being played, the more the casino earns (in the long-run).
In mathematical terms, an edge is something that gives you a positive expectancy in the long run.
For example:
If every time you toss a coin and it comes up head, you win $2. And if it comes up tail, I lose $1.
In the long run, who will win?
You, of course!
By the way, if you want to learn a new trading system that has an edge in the markets, then check this out.
Now, this is important so I’ll repeat…
You must have an edge in the markets if you want to be a consistently profitable trader.
It doesn’t matter if you have the best trading psychology, risk management, favourable risk-to-reward ratio, etc.
Because without an edge, none of it matters.
Don’t believe me?
Then head down to your nearest casino.
You can bring along the best psychology, apply proper risk management, play games with favourable risk to reward, but in the long-run, you’ll still lose money.
Why?
Because the casino has a mathematical edge over you.
And it’s the same for trading!
IF you want to profit from the financial markets, then you must have an edge!
No matter how confident you are, you must always respect risk.
Or else, you’re just one trade from losing it all.
[Be prepared for a steep learning curve before profitability]
I’m sure you can agree:
Professionals like lawyers, doctors, pilots, etc. spend 5 years (or more) to master their craft.
That’s why in the early years of their career, they typically don’t “see the money” as they are in the learning stage.
But when they get good at it, BOOM, the money starts rolling in—but, it doesn’t happen overnight.
And it’s the same for a professional trader!
You’ll take years to build your foundation, make mistakes, find your edge, and if you survive long enough, you can’t help but get good at it.
So, don’t come into trading thinking you can quit your day job after taking an online course—it doesn’t work that way.
There’s a steep learning curve ahead and you must be prepared for it.
You’ve been warned.
Trading is the best game in the world.
Millions of players.
No discrimination.
No table limits.
Insane money.
Insane losses.
24 hours.
Good luck!
[How to grow a small trading account (that nobody tells you)]
It’s easy to grow a small trading account.
Want to take $500 and double it within 2 days?
Want to make 50% a week?
It’s easy because all you need to do is risk a huge % of your account on each trade, and if the trade goes your way, BOOM—target achieved.
But here’s the thing…
Just because it’s easy doesn’t mean it’s feasible.
Sure, you can double your account in a few days.
But, it’s also a matter of time before you give everything back to the markets, and more.
The solution?
Instead of looking for shortcuts, let time and money be on your side.
This means you’ll regularly add funds to your account and compound your returns.