Don't memorize patterns, candlesticks, and etc.

If you want to get better at this game, ask yourself:
What are traders on the sideline thinking?
Where will other traders get trapped?
Where’s the path of least resistance?
Where will new players enter?
Where will losers cut loss?

Remember these trading lessons:

Potential loss is more important than how much you can make.
No matter how sure you are, things can go wrong.
Good outcome doesn't mean it's the right choice.
Bad outcome doesn't mean it's a wrong choice.
If you risk small, nothing can destroy you.

There are no perfect entries:

Breakouts may be false.
Pullbacks may never come.
"Confirmation" may be too late.
The faster you accept, the faster you learn.

MT4 is the most popular Forex trading platform but, it has its limitations.

For example:

• The MACD looks weird
• It doesn’t have the Keltner Channel indicator
• It doesn’t have the Donchian Channel indicator
• Etc.

And if you want to those trading indicators, you’ll have to program it yourself or hire someone to do it
for you — which easily cost you hundreds of dollars.

So… I’ve decided to do something “crazy” and hired a developer to code these popular trading indicators (not found on MT4).

The best part?

I’m giving them to you — for free (no strings attached).

Just my way of saying thank you and for being here.

So, if you're interested then click the link below to download the MT4 Indicators Bundle...

Get it here 👉🏻 https://www.tradingwithrayner.com/mt4-indicators/

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I started price action like anyone else, focusing a lot on the candlestick pattern.

Then, I realized the market structure and the type of "move" that occurs prior to it is far more important than the pattern itself.

Discover how swing trading can improve your trading results and profitability — without spending hours in front of your monitor

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Discover how to use the Stochastic indicator to "predict" market turning points, filter for high probability trading setups, and better time your entries and exits...

Learn more 👉🏻 http://bit.ly/2IAn2MC

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Trading Books with Backtest Results:

Following the Trend – Andreas Clenow
Stocks on the Move – Andreas Clenow
Unholy Grails – Nick Radge
Dual Momentum – Gary Antonacci
Mean Reversion Trading Systems – Howard Bandy
Short-term trading strategies that work – Larry and Cesar
Building Reliable Trading Systems – Keith Fitschen

Investing Books with Backtested Results:

Deep Value – Tobias Carlisle
Quantitative Value – Wesley Gray
Quantitative Momentum – Wesley Gray
What Works on Wall Street – James O’Shaughnessy
The Little Book That Beats the Market – Joel Greenblatt

Advice to my younger self:

1. Read more
2. Write more
3. Empathize
4. Create value
5. Work the system
6. Be a good listener
7. Understand probabilities
8. Give without expectations
9. Focus on process, not results
10. Call people by their first name

And... don't be an asshole.

Things I ask myself before a trade:

1. What's the market structure, range or trend?
2. Where are the major SR areas?
3. Can I lean my stops against SR?
4. Where would opposing pressure come in?
5. How is price moving, chop or clean?
6. Volatility expanding or decreasing?