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Stochastic Indicator Explained
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How to identify trend reversals so you don't get caught on the wrong side of the move
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The Complete Guide to Risk Reward Ratio
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The cup and handle pattern explained
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[Here’s how to avoid getting stopped out of your trades early]
Let me ask you…
Have you ever put on a trade only to watch the market hit your stop loss, and then continue moving in your expected direction?
It sucks, right?
And that’s because your stop loss is “too tight”.
So, what’s the solution?
Give your trade room to breathe.
This means your stop loss should be wide enough to accommodate the daily swings of the market.
Now you’re probably wondering:
“But how much is wide enough?”
“How to use ATR to improve my stop loss objectively, will it actually help?”
Well, here’s how you can use the ATR indicator to help you with it…
1. Find out what’s the current ATR value
2. Select a multiple of the ATR value
3. Add that amount to nearest Support & Resistance level
So…
If you are long from Support and have a multiple of 1, then set your stop loss 1ATR below the lows of Support.
Or if you’re short from Resistance, and have a multiple of 2 then set your stop loss 2ATR above the highs of Resistance.
Support & Resistance Cheatsheet
1. The more times SR is tested in a short period of time, the more likely it will break
2. Higher lows into resistance is a sign of strength and vice versa
3. Strong move into SR could easily reverse in the opposite direction, beware!
[You need money to make money in trading]
After years of studying successful traders, here’s what I’ve realized…
Most of them have multiple sources of income.
Why?
Because if trading is your only source of income, you will have the need to make money every month.
This causes you to make poor trading decisions like widening your stop loss, averaging into losers, trading too large, etc.
And that’s why many professional traders do not rely on trading as their only source of income.
Don’t believe me? Let me prove it to you…
Ed Seykota, a Market Wizard, has a trading tribe that costs $99/month.
Mark Minervini, a Stock Market Wizard, offers a master trader program that costs $5000.
Most hedge funds (even the best ones) charge a management fee every year—even if it’s a losing year.
To put things in perspective, if you run a billion-dollar hedge fund and take a 1% management fee, it means you get $10m a year—guaranteed.
As you can see, professional traders and hedge funds structure their trading in a way that it’s not their only source of income.
But wait, that’s not all because…
If you have multiple sources of income, then you can use the “extra” money you’ve got to increase the size of your trading account.
Because with a larger account size, you can make more money from trading.
Here’s an example, let’s say your average return is about 20% a year.
This means…
On a $1,000 account, you’ll make about $200 per year
On a $100,000 account, you’ll make about $20,000 per year
On a $1m account, you’ll make about $200,000 per year
See my point?
Trading, the endeavor that makes you feel like the smartest and dumbest man alive.
Sometimes all within the same day.
[You must have realistic expectations when it comes to trading]
Most people don’t have a realistic expectation of trading.
They assume they could take a weekend course, master a few chart patterns, and then start generating an income from the markets.
But here’s the truth:
Trading requires a professional skillset just like doctors, engineers, lawyers, etc.
You don’t graduate from medical school after a weekend course or become an engineer by learning a few mathematical formulas.
There’s a steep learning curve involved and you need time to gain proficiency (at least a few years or more).
And it’s the same for trading.
You don’t become a trader just by memorizing a few patterns, setups, etc.
Yes, you could make money from clicking the mouse but, there’s more to it that goes on behind the scenes (like developing your edge, risk management, position-sizing, etc.).
So, give yourself time to learn how to trade.
Don’t look for shortcuts. Don’t try to get rich quick. And don’t think you could quit your job soon.
One of the biggest reasons why I became a trader is because 95% of people fail at it.
It's to prove to myself I can be part of the 5% and win.
And when you make it, it gives you a confidence boost knowing you can achieve anything you set your mind to.
Insanely powerful!
Everyone wants to become a professional trader without really knowing what it means. So here's the truth and what it takes to become one…
Learn More 👉 https://www.tradingwithrayner.com/professional-trader/
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Bollinger Bands Indicator Explained
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This is a 31-page trading booklet that contains a specific trading system that has generated 1451.74% since 2000—and has 18 winning years out of the last 20.
Learn More 👉 https://pullbackstocktradingsystem.com/
ATR Indicator Explained
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How To Be the Top 5% Of Traders When Almost Everyone Fails
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No market trends all the time.
No range sustains all the time.
No strategy works all the time.
That's why you MANAGE RISK all the time!
[The truth about trading nobody tells you]
Trading is a get-rich-slow scheme.
You’re probably wondering:
“But Rayner, I’ve heard of traders trading a small account and turning it into 7-figures.”
Now, that could be possible but the odds of you pulling it off are slim to none.
Here’s why…
The only way for you to make a huge sum of money quickly is to take a huge risk on your trades.
If you get lucky, you could generate 6 or 7-figures on your account.
But here’s the deal:
99.99% of traders who attempt it will blow up their accounts. Only a lucky few could get away with it (and it’s nothing to do with skill, but luck).
But hey, don’t take my word for it. Here’s what Warren Buffet has to say about his wealth…
“My wealth has come from a combination of living in America, some lucky genes and compound interest.” – Warren Buffet
The keyword here is compound interest.
In other words, Warren Buffet became the richest investor in the world by being the best at what he does and, compounding his returns.
This is not achieved over a few weeks or months—rather, it’s compounded over 50+ years.
So, if you’re looking at trading as a get-rich-quick scheme, then guess what? You are the scheme.
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” – Albert Einstein
Professional traders:
Manage risk
Stay humble
Trade with an edge
Continuously improve
Know they can be wrong
Focus on what they do best
Never let ego get in the way
Know when to stay out of the markets
The Essential Guide to Technical Analysis
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How to tell when Support or Resistance will break so you don’t get caught on the wrong side of the move
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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/
Are you confused by the sheer amount of trading strategies out there? Well, turns out there are only 5 main trading strategies and here’s how they work…
Learn More 👉 https://www.tradingwithrayner.com/5-types-of-forex-trading-strategies-that-work/
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How to identify the direction of the trend without second-guessing yourself. Here are 5 techniques you can use…
Learn More 👉 https://www.tradingwithrayner.com/best-trend-indicators/
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If you're serious about trading, then you MUST have a trading journal. Here's how to create one step by step…
Learn More 👉 https://www.tradingwithrayner.com/trading-journal/
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How To Identify Trend Reversal Pattern (The Ultimate Guide)
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[You’re always a student of the markets]
Here’s my story…
I started with price action trading in my early years of trading. I dived deep into topics like candlestick patterns, support & resistance, chart patterns, etc.
After I had a firm grasp of price action trading, I wondered to myself…
“How do hedge funds and institutions trade the markets?”
This brought me to the world of Trend Following—how billion-dollar hedge funds profit in bull & bear markets.
At this point, I realized Trend Following is only one type of systematic trading strategies.
As I dug deeper, I discovered more trading systems that could profit in different market conditions—which incentivized me to build my own trading systems.
The best part?
I’m still learning every day even though I’ve been trading for more than a decade now.
So my point is this…
As a professional trader, you will always be a student of the markets.
Because there are new trading strategies to learn, emotional demons to conquer, and market changes to adapt to.
The day you stop learning is the day you start failing—don’t let that happen to you.
Profitable trading is about:
1. Discipline
2. Risk management
3. Mastering your emotions
Do these and you're unstoppable.
[Don’t be fooled by this trading law…]
Here’s a process that most traders go through…
• Learn a new trading strategy to trade the markets
• When the trading strategy stops working, try something new
• When something “new” stops working, try something else
• Rinse repeat over again
Now, what’s wrong with it?
Well, if you abandon your trading strategy after a few losses, then it’s like saying a coin is fake when it comes up 5 heads in a row.
That’s silly, right?
You know that in the short-run, a coin could come up heads (or tails) multiple times in a row.
But if you toss the coin 1,000 times, then you’re likely to get closer to 50% heads and 50% tails.
Now this concept is the same as trading.
In the short-run, your trading results are random. But in the long-run, it’ll align towards your system’s expectancy.
So, don’t abandon your trading strategy after a few losses.
Instead, give your trading strategy time to play out its edge (at least 100 trades or more) before concluding whether it works, or not.
Or else, you’re just getting fooled by the law of large numbers—you’ve been warned.
Trading one strategy with discipline is like having a loyal partner.
Having 10 strategies without discipline is like dating multiple partners and ending up alone.
[To be a winning trader, you’ll need this one thing…]
Here’s a clue:
• It’s not technical analysis
• It’s not price action trading
• It’s not trading psychology
It’s this…
Your trading strategy must have an edge in the markets.
You’re probably wondering:
“What does this mean?”
Well, here’s an example:
Let’s say I make a coin-toss bet with you.
• Every time the coin comes up heads, you win $2.
• Every time the coin comes up tails, I lose $1.
In the long-run, who will win?
You, of course!
Why?
Because you have an edge over me.
And this is the same for trading!
You must have an edge in the markets because without it, nothing else matters.
You’re thinking:
“But how do I find an edge in the markets?”
The easiest way is to leverage the work of other traders, so you don’t have to reinvent the wheel.
So, go and read trading books that contain trading systems with backtested results.
(Based on my experience, these trading systems have a good chance of working in the live markets.)
Then, take the concepts of these trading systems and validate them on your own so you know whether it works, or not.