There comes a point in trading where too much information hurts.
You must put what you know into practice, a plan, something concrete you can test, verify, and validate.
If you're not getting the results you want, take a step back and work with what you have—not add more.
You must put what you know into practice, a plan, something concrete you can test, verify, and validate.
If you're not getting the results you want, take a step back and work with what you have—not add more.
The Complete Guide To Trading Sideways Markets
Learn More 👉 https://www.tradingwithrayner.com/trading-sideways/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/trading-sideways/
Share ✌️ http://t.me/tradingwithrayner
[The ONE thing you should never do in trading]
Trading is a mental game.
If you want to excel in this endeavour, your mindset must be at peak performance.
But if you borrow money to trade, you erode whatever edge that you might have.
Here’s why…
Trading with borrowed money = Money you can’t afford to lose.
And when you trade with money you can’t afford to lose, you make poor trading decisions because you have the “I can’t afford to lose” mentality.
So, what do you do?
- You shift your stop loss because you don’t want to take a loss
- You take tiny profits because you’re afraid of watching them turn to losers
- You average into your losers hoping to catch the bounce and recover your losses
Eventually, your poor decisions catch up with you and you lose everything (including the money you borrowed).
Now you’re worst off than before because not only are you broke — you’re also in debt.
Do you want this to happen to you?
Then, don’t borrow money to trade.
Repeat after me…
I’ll never borrow money to trade!
Trading is a mental game.
If you want to excel in this endeavour, your mindset must be at peak performance.
But if you borrow money to trade, you erode whatever edge that you might have.
Here’s why…
Trading with borrowed money = Money you can’t afford to lose.
And when you trade with money you can’t afford to lose, you make poor trading decisions because you have the “I can’t afford to lose” mentality.
So, what do you do?
- You shift your stop loss because you don’t want to take a loss
- You take tiny profits because you’re afraid of watching them turn to losers
- You average into your losers hoping to catch the bounce and recover your losses
Eventually, your poor decisions catch up with you and you lose everything (including the money you borrowed).
Now you’re worst off than before because not only are you broke — you’re also in debt.
Do you want this to happen to you?
Then, don’t borrow money to trade.
Repeat after me…
I’ll never borrow money to trade!
It's easier to make $1k from your job than trading.
But it’s easier to make $1m from trading than your job.
That's the power of compounding.
But it’s easier to make $1m from trading than your job.
That's the power of compounding.
The Ultimate Divergence Cheatsheet
Learn More 👉 https://www.tradingwithrayner.com/divergence-cheatsheet/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/divergence-cheatsheet/
Share ✌️ http://t.me/tradingwithrayner
[How to trade like a casino]
Here’s the thing:
Every casino in the world has an edge over the players.
But, why are some casinos more profitable than others? And why do some casinos even go bankrupt?
On the surface, it seems like all you need is a statistical advantage over the players for you to mint money.
But, that’s only one small part of the equation.
You must also figure out how to…
- Attract new customers from competitors
- Retain existing customers
- Incentivize customers to spend more
- Keep your customers happy
- Etc.
Clearly, there are a lot of moving parts and one person can’t manage everything.
So, how does a casino do it?
The secret is this…
A casino has systems for everything they do.
For example:
#1: A casino has a system in place to incentivize their best customers to come back often by offering perks like free accommodations, transport, etc.
#2: All dealers follow a systematic way of playing Blackjack so the casino can consistently increase their revenue (and not leave it to the discretion of a dealer).
Now you might not be running a casino but, you’re managing your own trading business.
So, how do you manage it like a casino?
Well, you must have systems in place.
For example…
Risk management to ensure you don’t lose everything on a single trade.
Source of funds so you can pump in more money to your account and scale up your trading business.
Trading strategy so you have a fixed approach to enter & exit your trades — which improves your consistency.
Research & development so you can build new trading strategies and profit in different market conditions.
In other words, if you want a sustainable trading business that generates consistent profits, then you must have systems in place so your actions are consistent.
Here’s the thing:
Every casino in the world has an edge over the players.
But, why are some casinos more profitable than others? And why do some casinos even go bankrupt?
On the surface, it seems like all you need is a statistical advantage over the players for you to mint money.
But, that’s only one small part of the equation.
You must also figure out how to…
- Attract new customers from competitors
- Retain existing customers
- Incentivize customers to spend more
- Keep your customers happy
- Etc.
Clearly, there are a lot of moving parts and one person can’t manage everything.
So, how does a casino do it?
The secret is this…
A casino has systems for everything they do.
For example:
#1: A casino has a system in place to incentivize their best customers to come back often by offering perks like free accommodations, transport, etc.
#2: All dealers follow a systematic way of playing Blackjack so the casino can consistently increase their revenue (and not leave it to the discretion of a dealer).
Now you might not be running a casino but, you’re managing your own trading business.
So, how do you manage it like a casino?
Well, you must have systems in place.
For example…
Risk management to ensure you don’t lose everything on a single trade.
Source of funds so you can pump in more money to your account and scale up your trading business.
Trading strategy so you have a fixed approach to enter & exit your trades — which improves your consistency.
Research & development so you can build new trading strategies and profit in different market conditions.
In other words, if you want a sustainable trading business that generates consistent profits, then you must have systems in place so your actions are consistent.
The Definitive Guide To Heiken Ashi Candles
Learn More 👉 https://www.tradingwithrayner.com/heiken-ashi/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/heiken-ashi/
Share ✌️ http://t.me/tradingwithrayner
On Balance Volume (The Essential Guide)
Learn More 👉 https://www.tradingwithrayner.com/on-balance-volume/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/on-balance-volume/
Share ✌️ http://t.me/tradingwithrayner
When you have some trading profits, don't upgrade your lifestyle too quickly.
Because when the losses come, they will be a liability to your finances, mindset, and performance.
Because when the losses come, they will be a liability to your finances, mindset, and performance.
How To Catch A Falling Knife (The Essential Guide)
Learn More 👉 https://www.tradingwithrayner.com/falling-knife/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/falling-knife/
Share ✌️ http://t.me/tradingwithrayner
[Why you lose money with trading indicators]
Many traders don’t know how this game is supposed to be played.
They believe the answer lies in the “right” combination of indicators that will make them rich.
So they buy the latest trading indicators to help them crack the code.
And after many failed attempts, they wonder why they lose money with trading indicators.
Do you want to know why?
Here’s the truth…
Indicators are a derivative of price. They simply indicate to you what has happened, not what will happen.
So, no matter how many different combinations you try, you’ll never be a profitable trader if you solely rely on trading indicators to make your decisions.
Trading indicators are meant to aid your decision-making process, not be the decision-maker.
Many traders don’t know how this game is supposed to be played.
They believe the answer lies in the “right” combination of indicators that will make them rich.
So they buy the latest trading indicators to help them crack the code.
And after many failed attempts, they wonder why they lose money with trading indicators.
Do you want to know why?
Here’s the truth…
Indicators are a derivative of price. They simply indicate to you what has happened, not what will happen.
So, no matter how many different combinations you try, you’ll never be a profitable trader if you solely rely on trading indicators to make your decisions.
Trading indicators are meant to aid your decision-making process, not be the decision-maker.
Discover 19 Powerful Lessons from the Legend, Jesse Livermore
Learn More 👉 https://www.tradingwithrayner.com/jesse-livermore-quotes/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/jesse-livermore-quotes/
Share ✌️ http://t.me/tradingwithrayner
The government don't owe you anything.
The world don't owe you anything.
The rich don't owe you anything.
Nobody is here to save you.
The good news?
You don't need anybody because you already have all the resources at your disposal—the internet.
You can acquire almost anything skills you want if you put your mind to it.
So go for it.
The world don't owe you anything.
The rich don't owe you anything.
Nobody is here to save you.
The good news?
You don't need anybody because you already have all the resources at your disposal—the internet.
You can acquire almost anything skills you want if you put your mind to it.
So go for it.
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
Learn More 👉 https://www.tradingwithrayner.com/types-of-trend-lines/
Share ✌️ http://t.me/tradingwithrayner
[Why you lose money with trading indicators]
Here’s the thing:
There are profitable traders out there who use indicators in their trading.
And you’re probably thinking:
“Since they are making money with these indicators, why don’t I just copy them?”
So, that’s what you do.
You follow the same indicators, settings, instructions, etc.
But, you still lose money with trading indicators.
Why?
Because what you see is only the surface, not the complete picture.
Here’s an example:
Let’s say Michael is a profitable trader who relies on trading indicators to time his entries and exits.
Now, the reason why Michael finds success with indicators is not that he found the “perfect” settings or whatsoever.
Rather, it’s because he knows how to switch gears and use different indicators for different market conditions.
So if you were to blindly follow what he does, then when the market changes, your trading indicators will stop working and that’s when the bleeding starts.
Here’s the thing:
There are profitable traders out there who use indicators in their trading.
And you’re probably thinking:
“Since they are making money with these indicators, why don’t I just copy them?”
So, that’s what you do.
You follow the same indicators, settings, instructions, etc.
But, you still lose money with trading indicators.
Why?
Because what you see is only the surface, not the complete picture.
Here’s an example:
Let’s say Michael is a profitable trader who relies on trading indicators to time his entries and exits.
Now, the reason why Michael finds success with indicators is not that he found the “perfect” settings or whatsoever.
Rather, it’s because he knows how to switch gears and use different indicators for different market conditions.
So if you were to blindly follow what he does, then when the market changes, your trading indicators will stop working and that’s when the bleeding starts.
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/
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/
Many traders think you need to take high risk for high returns.
Wrong!
You should risk small, let your edge play out, add capital, and compound your gains over time—that's how you make it BIG.
Wrong!
You should risk small, let your edge play out, add capital, and compound your gains over time—that's how you make it BIG.
How To Setup Your MT4 Trading Platform Like A Pro
Learn More 👉 https://www.tradingwithrayner.com/mt4-trading/
Share ✌️ http://t.me/tradingwithrayner
Learn More 👉 https://www.tradingwithrayner.com/mt4-trading/
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
Learn More 👉 https://www.tradingwithrayner.com/zig-zag-indicator/
Share ✌️ http://t.me/tradingwithrayner
Today, we have Peter Brandt on the show, a trader who has been trading for 50 years!
Now, just to share something with you…
I have 2 grandfathers.
One passed on before I was born. And the other passed away when I was 10 years old.
So when I spoke to Peter on the show, it felt like speaking to a grandfather I never had.
It was heartwarming, enlightening, and inspiring.
So, here’s what we covered during our conversation:
1. What was life like after WW2 (the jobs he did, the kind of kid he was in school, etc.)
2. How he got started in trading
3. His favourite chart patterns and the ones he avoids
4. How he has been profitable with it over the last 50 years
5. Entries, stop loss, targets, trade management (from start to finish)
6. Risk management and position sizing
7. And much more…
Sounds good?
Then go listen now: https://youtu.be/kAFhHfC8MLs
Now, just to share something with you…
I have 2 grandfathers.
One passed on before I was born. And the other passed away when I was 10 years old.
So when I spoke to Peter on the show, it felt like speaking to a grandfather I never had.
It was heartwarming, enlightening, and inspiring.
So, here’s what we covered during our conversation:
1. What was life like after WW2 (the jobs he did, the kind of kid he was in school, etc.)
2. How he got started in trading
3. His favourite chart patterns and the ones he avoids
4. How he has been profitable with it over the last 50 years
5. Entries, stop loss, targets, trade management (from start to finish)
6. Risk management and position sizing
7. And much more…
Sounds good?
Then go listen now: https://youtu.be/kAFhHfC8MLs