How to Set Take Profit Orders (The Essential Guide)

Learn More 👉 https://www.tradingwithrayner.com/take-profit-orders/

Share ✌️ t.me/tradingwithrayner

Discover how to use Trend Line to better time your entries, ride massive trends, and “predict” market turning points

Learn More 👉 https://www.tradingwithrayner.com/trend-line-trading/

Share ✌🏻 t.me/tradingwithrayner

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!

Trading as a business: How to successfully start one and avoid the common pitfalls that destroy most traders

Learn More 👉 https://www.tradingwithrayner.com/trading-as-a-business/

Share ✌🏻 t.me/tradingwithrayner

[My trading journey]

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 everything else out (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.

The outcome?

Today, I trade multiple trading strategies across different markets—which results in a smoother equity curve of my portfolio.

So the lesson is this:

You might be a profitable trader but, it doesn’t mean your learning curve is over because you’re always a student of the market.

The Complete Guide to Keltner Channel Indicator

Learn More 👉 https://www.shootingstocks.com/keltner-channel-indicator/

Share ✌🏻 t.me/tradingwithrayner

Most broke people can't be traders. The need to make money repels the very thing you seek.

Get a job first, then figure trading out.

The Golden Cross Explained

Learn More 👉 https://www.shootingstocks.com/golden-cross-trading-strategy/

Share ✌🏻 t.me/tradingwithrayner

[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.

Ed Seykota took a $5000 account and turned it into $15,000,000. Here are 19 powerful trading lessons you can learn from him…

Learn More 👉 https://www.tradingwithrayner.com/ed-seykota-trading-lessons/

Share ✌🏻 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.

Identify your edge, execute it relentlessly, and don't look for shortcuts.

7 Things About Support and Resistance Nobody Tells You

Learn More 👉 https://www.shootingstocks.com/7-things-about-support-and-resistance-that-nobody-tells-you/

Share ✌🏻 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.

Everything you need to know about trading pullbacks and breakouts successfully

Learn More 👉 https://www.tradingwithrayner.com/guide-to-trading-pullbacks-and-breakouts/

Share ✌🏻 t.me/tradingwithrayner

The Essential Guide To Breakout Trading (What Nobody Tells You)

Learn More 👉 https://www.tradingwithrayner.com/breakout-trading-guide/

Share ✌🏻 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 50 years?

If you do, the money will take care of itself.

A detailed guide on how to use stop loss order like a pro even if you have zero trading experience

Learn More 👉 https://www.tradingwithrayner.com/stop-loss-order/

Share ✌🏻 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.

7 Things About Support and Resistance Nobody Tells You

Learn More 👉 https://www.shootingstocks.com/7-things-about-support-and-resistance-that-nobody-tells-you/

Share ✌🏻 t.me/tradingwithrayner

If you want a fixed monthly income, don't be a trader.