Bullish Candlestick Patterns Strategy Guide

Learn More 👉 https://www.tradingwithrayner.com/bullish-candlestick-patterns/

Share ✌️ t.me/tradingwithrayner

[Don’t demo trade for too long]

So, how long should you demo trade?

One month?

Four months?

One year?

The truth is that it depends…

If you’re a day trader, then you may want to consider demo trading for one month

If you’re a swing trader, however, then you may want to consider demo trading for three months

The concept is that the higher the frequency of your trades are, the less time you should do demo trading, and if the frequency of your trades is lower then

it’s the opposite.

Remember…

Your goal in demo trading is not just to test whether your strategy works.

But to see whether or not your trading plan or trading routine is for you so that you can make tweaks along the way.

The Essential Guide To Fibonacci Trading

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

Share ✌️ t.me/tradingwithrayner

Never trust anything. Always verify everything.

Especially in trading.

10 Price Action Trading Tips You Can Learn in 10 Minutes (So You Can Get Results Fast)

Learn More 👉 https://www.tradingwithrayner.com/price-action-trading-tips/

Share ✌️ t.me/tradingwithrayner

[Get out of demo trading and start small]

Now…

It doesn’t matter whether you want to start with $100, $500, or $1,000.

What matters is that you get out of demo trading.

Start trading live.

Start trading small.

And start practicing good trading habits.

I know the feeling of being nervous when live trading for the first time, and that’s okay.

But if you start small first to build confidence, instead of going all-in with your family’s wealth (I damn hope not)…

You’ll find yourself in an excellent spot to start trading and put yourself in an environment to keep on improving as a trader.

Sounds good?

Intraday Trading: 4 Things You Must Know If You Want To Succeed

Learn More 👉 https://www.tradingwithrayner.com/intraday-trading-things-to-know/

Share ✌️ t.me/tradingwithrayner

In business:

You need capital.

You got expenses to cover.

You don't expect to succeed from day one.

You need some time before you make a profit.

Trading is a business—so treat it as one.

The Ascending Triangle Trading Strategy Guide

Learn More 👉 https://www.shootingstocks.com/ascending-triangle-chart-pattern

Share ✌️ t.me/tradingwithrayner

[A stop loss order will save your trading account, here’s why…]

A stop loss order is a type of order that gets you out of a trade automatically.

It means that you don’t need to stare at your charts the whole day and try to scare your pants off as the price approaches your stop loss order.

Now…

I’m not going to lie to you…

It hurts taking a loss…

Even if it’s just a losing trade.

But how would you feel when your stop loss order got hit, and the price went against you even more?

Except…

You’re not there to take the hit.

You feel relieved, right?

Not only do you free up space on your portfolio early to look for better trading opportunities.

But you also prevented a huge potential loss.

Can you see why this is important?

That’s why you can think of a stop loss order as a “risk police” that prevents you from losing more money or having unexpected losses.

Market Wizards: 4 Things I’ve Learned That Improved My Trading Results

Learn More 👉 https://www.tradingwithrayner.com/market-wizards/

Share ✌️ t.me/tradingwithrayner

Money Flow Index Indicator (The Essential Guide)

Learn More 👉 https://www.tradingwithrayner.com/money-flow-index/

Share ✌️ t.me/tradingwithrayner

Trading is not a solution to your money problems because you are the problem.

Fix yourself first, then worry about trading.

Trading in the zone: 8 Powerful lessons I’ve learned from Mark Douglas

Learn More 👉 https://www.tradingwithrayner.com/trading-in-the-zone/

Share ✌️ t.me/tradingwithrayner

[Do you really need both Stochastic indicator & RSI?]

Well, they are similar but different.

I’ll explain…

The stochastic indicator and RSI are similar because they are both momentum oscillators.

In other words, they measure momentum in the market and their values range between 0 and 100.

But how are they different?

Well, the calculations that go into the stochastic indicator and the RSI indicator are different.

However, they use the same concept which is to measure momentum.

Thus, you shouldn’t be surprised to see both stochastic indicator and RSI pointing in the same direction (albeit with different values).

So, the bottom line is this…

If you want to use a momentum indicator (like RSI or Stochastic), just pick one will do because they pretty much tell you the same thing.

The Complete Guide to Trend Line Trading

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

Share ✌️ t.me/tradingwithrayner

Discover a simple trading system that has generated 3225% over the last 22 years (without analyzing financial reports, studying charts patterns, or following the news)

Learn more: https://www.tradingwithrayner.com/sts/

Trading is a get rich slow scheme.

Donchian Channel Strategies That Work

Learn More 👉 https://www.tradingwithrayner.com/donchian-channel/

Share ✌️ t.me/tradingwithrayner

[Don’t use a fixed position size, do this instead…]

Most traders are fascinated with technical analysis, candlestick patterns, trading indicators, etc.

When you see “something” nice, you quickly hit the buy button without giving much thought to your position size—which is a big mistake.

Why?

Because without proper position sizing, your wins and losses are erratic.

Here’s an example:

Let’s say you buy 1 standard lot of EUR/USD with a stop loss of 20 pips.

How much could you lose?

Well, it’s a potential loss of $200 (20 x $10/pip).

Now, what if you have 100 pips stop loss?

It’s a potential loss of $1000 (100 x $10/pip).

You might be thinking:

“My stop loss in terms of pips will be the same.”

“This way, I can keep my losses constant on each trade.”

That is possible but…

What if you trade a different timeframe where it doesn’t make sense to use the same number of pips as your stop loss? (E.g. A 20 pips stop loss might work on the 5-minutes timeframe but not on the daily.)

Or what if you trade a different currency pair with a different pip value?

Do you see my point?

So the lesson is this…

The size of your losses should be the same for each trade.

But your position size should be adjusted according to the size of your stop loss.

A tighter stop loss allows you to increase your position size.

A wider stop loss requires a smaller position size.