[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.
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.
Discover Professional Price Action Trading Strategies To Profit In Bull And Bear Markets
Learn More 👉 https://priceactiontradingsecrets.com/
Learn More 👉 https://priceactiontradingsecrets.com/
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/
(Btw, we're starting in 24 hours time. So there's still time to claim a spot.)
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/
(Btw, we're starting in 24 hours time. So there's still time to claim a spot.)
7 ways you can exit a trade:
1. Trailing stops
2. Support & resistance
3. Fibonacci extension
4. Swing high & low
5. Setup is invalidated
6. Previous candle high/low
7. Time stop
Bonus: Margin call
1. Trailing stops
2. Support & resistance
3. Fibonacci extension
4. Swing high & low
5. Setup is invalidated
6. Previous candle high/low
7. Time stop
Bonus: Margin call
Here’s the thing…
Any married man should forget his mistakes.
Why?
Because there's no use in two people remembering the same thing 😂
However, there’s one thing to remember…
Stock trading secrets start in less than 12 hours.
This is a live webinar where you’ll learn how to generate an extra 18% a year and another source of income—even if you have tried everything else and failed.
Sign up now: https://www.tradingwithrayner.com/sts/
And if you have signed up, I'll see you shortly!
Any married man should forget his mistakes.
Why?
Because there's no use in two people remembering the same thing 😂
However, there’s one thing to remember…
Stock trading secrets start in less than 12 hours.
This is a live webinar where you’ll learn how to generate an extra 18% a year and another source of income—even if you have tried everything else and failed.
Sign up now: https://www.tradingwithrayner.com/sts/
And if you have signed up, I'll see you shortly!
[How to improve your trading results, fast]
Here’s the deal:
You can figure things out on your own which will cost you time and money or, simply follow what works.
You’re probably wondering:
“How do I know what works?”
Well, the key thing is to look for trading books which contain specific trading rules with backtested results.
Here are some books worth checking out:
Following the Trend: Andreas Clenow
Trading systems: Urban & Emilio
Automated stock trading: Laurens Bensdorp
Short-term trading strategies that work: Larry & Cesar
Building Reliable Trading Systems: Keith Fitschen
This way, you don’t have to re-invent the wheel and can simply tweak their trading strategy to your needs.
Here’s the deal:
You can figure things out on your own which will cost you time and money or, simply follow what works.
You’re probably wondering:
“How do I know what works?”
Well, the key thing is to look for trading books which contain specific trading rules with backtested results.
Here are some books worth checking out:
Following the Trend: Andreas Clenow
Trading systems: Urban & Emilio
Automated stock trading: Laurens Bensdorp
Short-term trading strategies that work: Larry & Cesar
Building Reliable Trading Systems: Keith Fitschen
This way, you don’t have to re-invent the wheel and can simply tweak their trading strategy to your needs.
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/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/trading-journal/
Share ✌️ http://t.me/tradingwithrayner
The Ultimate Guide On How To Use Trend Lines
Learn More 👉 https://www.tradingwithrayner.com/how-to-use-trend-lines/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/how-to-use-trend-lines/
Share ✌️ http://t.me/tradingwithrayner
Brian Lee is a professional gamer who became a day trader.
He is known for taking $5000 and growing it into 7-figure and beyond.
So, I sat down with him to learn about his strategies, processes, risk management, and more.
Specifically, here's what we covered...
1. Life of a professional gamer (mindset, process, and what it takes to play with the big boys)
2. Why Brian chose to leave gaming and become a day trader
3. How he finds his edge in the markets
4. Brian Lee’s day trading strategy (entry, stop loss, targets, and how he manages his trades from start to finish)
5. How he took $5000 and grew it into millions
And much more...
Interested?
Then check out the episode here... https://youtu.be/2SbrfrchULc
He is known for taking $5000 and growing it into 7-figure and beyond.
So, I sat down with him to learn about his strategies, processes, risk management, and more.
Specifically, here's what we covered...
1. Life of a professional gamer (mindset, process, and what it takes to play with the big boys)
2. Why Brian chose to leave gaming and become a day trader
3. How he finds his edge in the markets
4. Brian Lee’s day trading strategy (entry, stop loss, targets, and how he manages his trades from start to finish)
5. How he took $5000 and grew it into millions
And much more...
Interested?
Then check out the episode here... https://youtu.be/2SbrfrchULc
YouTube
From Pro Gamer To Millionaire Day Trader (With Brian Lee)
Today we have Brian Lee, a professional gamer who became a day trader. Brian is known for taking $5000 and growing it into 7-figure and beyond.
If you want to connect with Brian, I’ll put his social media profile in the description below.
Now, here’s what…
If you want to connect with Brian, I’ll put his social media profile in the description below.
Now, here’s what…
Don't take losses personally because the market has nothing against you.
It doesn’t know who you are, what you do, or why you traded.
Instead, it’s an opportunity to learn what works and what don't, so you can become a better trader—and that’s how winning is done!
It doesn’t know who you are, what you do, or why you traded.
Instead, it’s an opportunity to learn what works and what don't, so you can become a better trader—and that’s how winning is done!
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/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/best-trend-indicators/
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.
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.
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/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/5-types-of-forex-trading-strategies-that-work/
Share ✌️ http://t.me/tradingwithrayner
Good trading isn't about how much you make.
You can make money on poor decisions and lose money on good decisions.
Instead, focus on the process.
Trade with an edge. Execute your trades consistently. And have proper risk management.
You can make money on poor decisions and lose money on good decisions.
Instead, focus on the process.
Trade with an edge. Execute your trades consistently. And have proper risk management.
How to tell when Support or Resistance will break so you don’t get caught on the wrong side of the move
Learn More 👉 https://www.tradingwithrayner.com/support-and-resistance-trading-strategy
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/support-and-resistance-trading-strategy
Share ✌️ http://t.me/tradingwithrayner
[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.
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.
The Essential Guide to Technical Analysis
Learn More 👉 https://www.tradingwithrayner.com/technical-analysis
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/technical-analysis
Share ✌️ http://t.me/tradingwithrayner
You shouldn't think about how much money you're going to make this week.
Instead, you should ask yourself:
Do I have a plan that keeps me in this business for the next 20 years?
If you do, the money will take care of itself.
Instead, you should ask yourself:
Do I have a plan that keeps me in this business for the next 20 years?
If you do, the money will take care of itself.
The Complete Guide to Risk Reward Ratio
Learn More 👉 https://www.tradingwithrayner.com/risk-reward-ratio
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/risk-reward-ratio
Share ✌️ http://t.me/tradingwithrayner
If you don't know Adam Khoo he's a professional investor, the co-founder of Adam Khoo’s Learning Technologies, and has close to a million subscribers on YouTube.
Anyway, I had the opportunity to chat with him and here's what we covered...
1. How did Adam Khoo go from an F student to getting straight As in school.
2. How he grew his business from zero to 8-figures per year (from organizing disco parties to developing education programs for both children and adults).
3. His secrets to a happy marriage (he talks about the thing he does with his wife that shows you a side that you rarely see).
4. Parenting values he believes in and how it has shaped his children.
5. Important lessons he has learned in both business and life.
Sounds good?
Then check this out: https://youtu.be/golWL44HkUg?si=YsfhElV6Gq2hMxC6
Anyway, I had the opportunity to chat with him and here's what we covered...
1. How did Adam Khoo go from an F student to getting straight As in school.
2. How he grew his business from zero to 8-figures per year (from organizing disco parties to developing education programs for both children and adults).
3. His secrets to a happy marriage (he talks about the thing he does with his wife that shows you a side that you rarely see).
4. Parenting values he believes in and how it has shaped his children.
5. Important lessons he has learned in both business and life.
Sounds good?
Then check this out: https://youtu.be/golWL44HkUg?si=YsfhElV6Gq2hMxC6
YouTube
From F Student To Multi Millionaire (With Adam Khoo)
Today, we have Adam Khoo, a professional investor, the co-founder of Adam Khoo’s Learning Technologies, and has over a million subscribers on YouTube.
And here’s a fun fact…
Do you know he holds his wife’s hand and goes to sleep every night?
So yes, not…
And here’s a fun fact…
Do you know he holds his wife’s hand and goes to sleep every night?
So yes, not…
[The truth about support and resistance nobody tells you]
If you read most trading textbooks, they’ll tell you that the more times support and resistance are tested, the stronger they become.
But that’s not true, because the more times support and resistance are tested within a short period, the weaker they become.
Here’s why…
Support exists because there’s potential buying pressure around a certain price level.
(This buying pressure could be institutional orders, retail orders, smart money, etc.)
So what happens when the price re-tests support multiple times?
Well, these orders start to fill up.
Eventually, when all these orders are filled up, there’s no one left to buy and that’s when support breaks.
This means the more times support and resistance is tested (especially within a short period), the weaker it becomes.
Why a short period?
Because it’s unlikely new orders will be “replenished” so quickly.
And that’s why the more times support and resistance are tested within a short period, the weaker they become.
If you read most trading textbooks, they’ll tell you that the more times support and resistance are tested, the stronger they become.
But that’s not true, because the more times support and resistance are tested within a short period, the weaker they become.
Here’s why…
Support exists because there’s potential buying pressure around a certain price level.
(This buying pressure could be institutional orders, retail orders, smart money, etc.)
So what happens when the price re-tests support multiple times?
Well, these orders start to fill up.
Eventually, when all these orders are filled up, there’s no one left to buy and that’s when support breaks.
This means the more times support and resistance is tested (especially within a short period), the weaker it becomes.
Why a short period?
Because it’s unlikely new orders will be “replenished” so quickly.
And that’s why the more times support and resistance are tested within a short period, the weaker they become.