How To Read and Interpret The Moving Average
Learn More 👉 https://www.tradingwithrayner.com/how-to-read-moving-average/
Share ✌️ t.me/tradingwithrayner
The Essential Guide To RSI Indicator
Learn More 👉 https://www.tradingwithrayner.com/rsi-indicator/
Share ✌️ t.me/tradingwithrayner
[Don’t demo trade for too long]
So, how long should you demo trade?
One month?
Four months?
One year?
The truth is that it depends…
If you’re a day trader, then you may want to consider demo trading for one month
If you’re a swing trader, however, then you may want to consider demo trading for three months
The concept is that the higher the frequency of your trades are, the less time you should do demo trading, and if the frequency of your trades is lower then it’s the opposite.
Remember…
Your goal in demo trading is not just to test whether your strategy works.
But to see whether or not your trading plan or trading routine is for you so that you can make tweaks along the way.
The Definitive Guide on How to Set a Stop Loss
Learn More 👉 https://www.tradingwithrayner.com/how-to-set-a-stop-loss/
Share ✌️ t.me/tradingwithrayner
[You don’t need to monitor your trades the whole day]
You might have heard the saying...
"You need to monitor your trades all the time to be a successful trader."
Nope.
Instead, you need a trading routine that works. One that doesn’t require you to stare at the charts all day.
So here’s a template you can use…
Example 1: You have a full-time job
•Weekends = Identify potential trading setups for the week
•Before work = Identify setups that are triggered and place your orders
•Lunch time = Check your portfolio and see if your trades are executed
•After work = Journal and review your trades
Now, what if you are a day trader?
Example 2: You are a day trader
•Before market hours = Identify potential trading setups for the day
•Market hours = Set alerts when the price comes to your level and trade it according to your plan
•After market hours = Journal and review your trades
Now…
Regardless of the type of trader you are, you must devote time to planning.
Because if you fail to plan, then you plan to fail.
The Best Indicators for Swing Trading (Profit From Different Market & Timeframe)
Learn More 👉 https://www.tradingwithrayner.com/best-indicators-for-swing-trading/
Share ✌️ t.me/tradingwithrayner
Best Trading Books (for Beginners to Advanced Traders)
Learn More 👉 https://www.tradingwithrayner.com/best-trading-books-beginners-to-advanced/
Share ✌️ t.me/tradingwithrayner
Pump and Dump Strategy (The Essential Guide)
Learn More 👉 https://www.tradingwithrayner.com/pump-and-dump/
Share ✌️ t.me/tradingwithrayner
Donchian Channel Strategies That Work
Learn More 👉 https://www.tradingwithrayner.com/donchian-channel/
Share ✌️ t.me/tradingwithrayner
Trading in the zone: 8 Powerful lessons I’ve learned from Mark Douglas
Learn More 👉 https://www.tradingwithrayner.com/trading-in-the-zone/
Share ✌️ t.me/tradingwithrayner
Market Wizards: 4 Things I’ve Learned That Improved My Trading Results
Learn More 👉 https://www.tradingwithrayner.com/market-wizards/
Share ✌️ t.me/tradingwithrayner
Are you looking for a reliable Forex broker you can trust?
Then you might want to check out ICMarkets.
It has 20,000+ positive reviews on Trustpilot, regulated by ASIC, and has one of the lowest spreads in the industry.
Learn More 👉 https://tradingwithrayner.com/broker
And when you sign up with ICMarkets, you’ll get free 6 months of access to Pro Traders Edge (worth $294).
Here’s what you need to do…
1. Sign up for a live account
2. Fund a minimum of $500.
3. Place 1 live trade.
And that’s it!
Open an account now 👉 https://tradingwithrayner.com/broker
Disclaimer: I’ll earn a referral fee if you sign up with them. But they are reliable in my opinion (as of this writing).
Intraday Trading: 4 Things You Must Know If You Want To Succeed
Learn More 👉 https://www.tradingwithrayner.com/intraday-trading-things-to-know/
Share ✌️ t.me/tradingwithrayner
10 Price Action Trading Tips You Can Learn in 10 Minutes (So You Can Get Results Fast)
Learn More 👉 https://www.tradingwithrayner.com/price-action-trading-tips/
Share ✌️ t.me/tradingwithrayner
The Essential Guide To Fibonacci Trading
Learn More 👉 https://www.tradingwithrayner.com/fibonacci-trading/
Share ✌️ t.me/tradingwithrayner
Stop forcing trades when there’s nothing.
Instead, pick a level to trade where you’ll lose small when wrong—and earn big when right.
You pay less commissions, make less mistakes, and have less stress.
How To Trade Price Action (1 Hour Timeframe)
Learn More 👉 https://www.tradingwithrayner.com/how-to-trade-price-action-on-the-1-hour-timeframe/
Share ✌️ t.me/tradingwithrayner
[STARTS IN 12 HOURS]
Discover a powerful stock trading system that has generated 3225% over the last 22 years. You’ll learn the exact trading rules so you know when to enter and exit the trades—without second-guessing yourself.
But if you love analyzing financial reports, memorizing chart patterns, and keeping up with the news, please don't sign up. It's for boring traders only.
Learn more: https://www.tradingwithrayner.com/sts/
The big money is made by sitting on your positions—not forcing trades out of boredom.
Читать полностью…Do you want to learn how to systematically beat the markets? Then this live webinar is for you.
During this 2-hour event, you’ll discover systematic trading strategies that work so you can beat the markets—even if you have tried everything else and failed.
The best part?
You don’t have to analyze financial reports, study chart patterns, or follow the news.
Learn more: https://www.tradingwithrayner.com/sts/
The outcome of a trade doesn't reflect your trading ability.
Your process, mindset, and attitude will.
[When it comes to trading indicators, less is more]
Here’s the thing:
Having more indicators on your chart does not increase your chances of a winning trade but only gives you analysis paralysis and not taking the trade.
You’d probably get better results if you only had a handful of indicators on your chart!
That’s why we want to have an indicator that can single-handedly:
– Determine your entries
– Determine how you’ll take profits
– Determine your stop loss
Having fewer indicators keeps your charts clean and helps you make faster decisions which will make your trading process much more efficient.
If you're broke, invest in yourself.
If you want a better life, invest in yourself.
If you need more money, invest in yourself.
No trading strategy, magic pill, or cryptocurrencies can beat that.
In today's age of social media and distraction, focus is a superpower.
Focus on becoming a profitable trader.
Focus on writing the book you've always wanted.
Focus on losing your extra weight.
You don't need the holy grail, secret sauce, or luck. You just need to FOCUS.
[The longer it ranges the harder it trends]
If you notice the price has been ranging for a long time, you’re not alone.
Traders all around the world will be seeing the same charts as you.
Some will be queuing to short the resistance, and some will be trading the breakout.
If the price does trade above the resistance, shorts will get squeezed, and breakout traders will hop on the bandwagon.
That’s why price trend for a sustained period of time, due to the imbalance of buying/selling pressure.
If you blame others, then you’re not taking 100% responsibility.
If you don’t take 100% responsibility, then you give up the power to change.
If you give up the power to change, then you’ll never make it as a trader.
[How to use trading indicators like a pro]
You don’t want to have multiple indicators from the same category because they are correlated and doesn’t provide any new information.
That’s like trying to get your wife pregnant in one month by “firing” incessantly. It doesn’t work.
And it’s the same for trading.
So, the rule of thumb is this:
Have only one indicator for each purpose.
I’ll explain…
If you want to trail your stop loss, you can use either the Moving Average or Chandelier Exit — but not both.
Or if you want to time your entry, you can use either the RSI indicator or Stochastic, but not two together because they have the same purpose.
Does it make sense?
Stop loss and position size go hand in hand.
If you increase your stop loss, reduce your position size.
If you decrease your stop loss, you can increase your position size.
Understand their relationship and you'll never blow another account.
[How to use trading indicators like a pro]
A mistake almost all new traders make is to add many indicators onto their charts, regardless of whether the indicators have a purpose, or not.
But as you know, having more indicators doesn’t mean a thing. Instead, they only add “noise” to your trading and make things more confusing.
So, the rule is this:
Every trading indicator on your chart must have a purpose.
For example…
If you want to identify the trend, then you can consider the Moving Average.
If you want to time your entry, you can consider Stochastic or RSI.
If you want to trail your stop loss, you can consider Chandelier Exit or Moving Average.
So, if there’s an indicator on your chart and you can’t find a purpose for it, exterminate 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.