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.
How to identify trend reversals so you don't get caught on the wrong side of the move
Learn More 👉 https://www.tradingwithrayner.com/how-to-identify-trend-reversal
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/how-to-identify-trend-reversal
Share ✌️ http://t.me/tradingwithrayner
Three White Soldiers Candlestick Pattern (The Essential Guide)
Learn More 👉 https://www.tradingwithrayner.com/three-white-soldiers/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/three-white-soldiers/
Share ✌️ http://t.me/tradingwithrayner
No one can consistently predict the markets, call tops and bottoms.
So just follow price. Ride winners. Cut losers.
You'll be much further ahead than trying to outsmart the market.
So just follow price. Ride winners. Cut losers.
You'll be much further ahead than trying to outsmart the market.
The Complete Guide To Renko Charts
Learn More 👉 https://www.tradingwithrayner.com/renko-charts/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/renko-charts/
Share ✌️ http://t.me/tradingwithrayner
[This is the most important technical level one the chart]
Here are a few reasons why…
Reason #1: Losing traders hoping to get out at breakeven
Multi-year highs represent extreme optimism in the markets because most traders (and investors) are in profits.
But as you know, the price cannot go up forever. Eventually, it has to retrace or reverse altogether.
When that happens, many traders will exit their long trades.
However, not everyone will do the same. Some will continue holding, hoping the price could breakout higher to give them even more profits.
But when the market collapses even lower, they’ll regret not selling earlier as their open profits have been eroded and they are now sitting on their losses. They hope the market could re-test the highs so they can get out of their trades at breakeven.
Reason #2: Bearish traders looking to short the markets
For bearish traders, multi-year highs present an opportunity to short the market at a “high price” because they can reference the highs to set their stop loss.
So as the price approaches multi-year highs, the short interest from bearish traders will increase.
Reason #3: Momentum traders looking to buy breakouts
Momentum traders buy breakouts as the price moves above a certain level. It could be breakouts of a range, swing high, resistance, etc.
But what’s interesting is if the price breaks out of multi-year highs, it’ll attract attention from traders across different timeframes.
That’s because whether you’re a day trader, swing trader, long-term trader, etc. the multi-year highs will be something visible on your timeframe (and charts).
Now, whether you’re bullish or bearish, multi-year high is a significant level for traders.
If you’re bearish, then you can reference it to set your stop loss above the highs.
If you’re bullish, then you can look to buy the breakout and have your stops below the previous multi-year highs (anticipating that it could become previous resistance turned support).
(And vice versa for multi-year low.)
Here are a few reasons why…
Reason #1: Losing traders hoping to get out at breakeven
Multi-year highs represent extreme optimism in the markets because most traders (and investors) are in profits.
But as you know, the price cannot go up forever. Eventually, it has to retrace or reverse altogether.
When that happens, many traders will exit their long trades.
However, not everyone will do the same. Some will continue holding, hoping the price could breakout higher to give them even more profits.
But when the market collapses even lower, they’ll regret not selling earlier as their open profits have been eroded and they are now sitting on their losses. They hope the market could re-test the highs so they can get out of their trades at breakeven.
Reason #2: Bearish traders looking to short the markets
For bearish traders, multi-year highs present an opportunity to short the market at a “high price” because they can reference the highs to set their stop loss.
So as the price approaches multi-year highs, the short interest from bearish traders will increase.
Reason #3: Momentum traders looking to buy breakouts
Momentum traders buy breakouts as the price moves above a certain level. It could be breakouts of a range, swing high, resistance, etc.
But what’s interesting is if the price breaks out of multi-year highs, it’ll attract attention from traders across different timeframes.
That’s because whether you’re a day trader, swing trader, long-term trader, etc. the multi-year highs will be something visible on your timeframe (and charts).
Now, whether you’re bullish or bearish, multi-year high is a significant level for traders.
If you’re bearish, then you can reference it to set your stop loss above the highs.
If you’re bullish, then you can look to buy the breakout and have your stops below the previous multi-year highs (anticipating that it could become previous resistance turned support).
(And vice versa for multi-year low.)
Triple Bottom Chart Pattern (The Essential Guide)
Learn More 👉 https://www.tradingwithrayner.com/triple-bottom/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/triple-bottom/
Share ✌️ http://t.me/tradingwithrayner
If you manage your risk, your profits will take care of itself.
If you don't, your parents will take care of you.
If you don't, your parents will take care of you.
Limit Order vs Stop Order: Which one Should You Use And Why?
Learn More 👉 https://www.tradingwithrayner.com/limit-order-vs-stop-order/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/limit-order-vs-stop-order/
Share ✌️ http://t.me/tradingwithrayner