[Don’t quit your job, yet]

Let me share with you a quick story…

John (not his real name) just started trading the Forex market.

He funded a live account and made a $1,000 profit after a few trades.

So he thought to himself…

“If I can make $1,000 trading part-time, then I’ll make even more money trading full-time.”

So, John quit his job to trade full-time.

The first few days were good as he was making consistent profits from the markets.

Then the market changed and the losses crept in.

Eventually, he gave back all his profits and blew up his account—now he’s looking for a job.

The lesson?

Don’t quit your job, yet.

Just because you’ve made some money from the financial markets doesn’t mean you can do it full-time.

A safer approach is to trade part-time and develop the skills to become a profitable trader. Once you have acquired it, then you can consider the transition to full-time trading.

How To Grow A Small Trading Account

Learn More 👉 https://www.tradingwithrayner.com/how-to-grow-small-trading-account/

Share ✌️ http://t.me/tradingwithrayner

In trading, you're not paid by the hour.

You’re paid by doing the correct things over again.

A Beginner’s Guide To Ichimoku Cloud Strategy

Learn More 👉 https://www.tradingwithrayner.com/ichimoku-cloud-strategy/

Share ✌️ http://t.me/tradingwithrayner

[How to set proper profit targets (hint: it’s not about your risk-reward ratio)]

I laugh to myself whenever I hear traders comment:

“You must have a minimum of 1:2 risk-reward ratio if you want to be a profitable trader.”

Now let me ask you…

What’s so special about having a 1:2 risk-reward ratio?

Why not have a 1:10? Or even a 1:100?

So here’s the truth…

The market doesn’t care about your risk-reward ratio—it goes where it wants to go.

The only thing you can do is, observe what the market has done previously, and use it as a clue to where it might go in the future.

For example:

If the market previously collapsed at $100, then the next time it approaches $100, there’s a possibility of selling pressure coming in at that level.

As a swing trader, you don’t want to set your target at $105, $100, or $110 because the market might not get to that level due to selling pressure.

Instead, you want to exit your trade before opposing pressure steps in which is before $100 (around $99 or so).

This means if you’re in a long trade, you’ll want to exit your trade before:

–Swing high
–Resistance
–Downward trendline

(And it’s just the opposite for a short trade)

Do you want to read candlestick patterns like a professional trader?

Then download a FREE copy of The Monster Guide to Candlestick Patterns.

You'll discover how to "predict" market turning points and better time your entries & exits—even if you have no trading experience.

Click the link below and grab your copy, it’s free!

https://www.tradingwithrayner.com/candlestick-pdf-guide/

Many traders make the mistake of trying to find the best trading strategy.

In reality, it's about knowing yourself so you can find the best strategy to suit you.

How To Tell When A Trend Will Reverse

Learn More 👉 https://www.tradingwithrayner.com/how-to-tell-when-a-trend-will-reverse/

Share ✌️ http://t.me/tradingwithrayner

How To Tell When Support Will Break

Learn More 👉 https://www.tradingwithrayner.com/how-to-tell-when-support-will-break/

Share ✌️ http://t.me/tradingwithrayner

Breakout Trading Secrets: This Trading System Has Generated 5,176% Over The Last 30 Years

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

Share ✌️ http://t.me/tradingwithrayner

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.

The Ultimate Guide To Supertrend Indicator

Learn More 👉 https://www.tradingwithrayner.com/supertrend-indicator/

Share ✌️ http://t.me/tradingwithrayner

[Consistent actions lead to consistent results]

I remembered my first trading system.

It was using Bollinger Bands—buy when the price is at the lower band and sell when it’s at the upper band.

Using this approach, I had 3 winning trades in a row!

I thought to myself…

“This is it!”

“This is wive life-changing money.”

“I can’t tell anyone less they copy what I’m doing.”

How naive.

Because the next 5 trades were losers!

So I concluded this trading strategy doesn’t work and look for something better.

Then, I chanced upon harmonic patterns.

(Basically, you use tools like Fibonacci retracements and extensions to draw patterns like Crab, Bat, Duck, Dinosaur, etc. as they’re supposed to predict market turning points.)

I spent 6 months learning how to draw these patterns.

As you can tell, I’m a slow learner.

And guess what?

The same thing happened!

I had a few winning trades followed by a series of losses.

Again the voice in my head said…

“This trading strategy doesn’t work. Let’s look for something else.”

So I went around searching for the holy grail.

I’ve tried different indicators, chart patterns, volume profiles, etc.

And the results were similar.

At this point, I’m starting to doubt myself.

I have questions like…

“Why does this always happen?”

“Why am I not getting consistent results in my trading?”

“Why do I make money at the start only to lose it all again?”

Now, do you know what I realized?

It’s me.

The problem lies in me.

That’s because I was hopping from one trading strategy to the next.

My actions were inconsistent. And because my actions were inconsistent, I got inconsistent results. Like duh!

So the bottom line is this…

If you want to be a consistent trader, then you must have a set of consistent actions.

Find a proven trading system that works, and follow the rules day in and out. If you can, consistent profitability is not far away.

And if you want to learn a proven trading system that works, then check this out.

Cheers,

Rayner “the-consistent-trader” Teo

The NO BS Guide To ROC Indicator

Learn More 👉 https://www.tradingwithrayner.com/roc-indicator/

Share ✌️ http://t.me/tradingwithrayner

When you have some trading profits, don't upgrade your lifestyle too quickly.

Because when the losses come, they are a liability to your finances, mindset, and performance.

Parabolic Stock Trading Strategy (The Essential Guide)

Learn More 👉 https://www.tradingwithrayner.com/parabolic-stock/

Share ✌️ http://t.me/tradingwithrayner

[Here’s why you need proper risk management in trading]

Imagine:

There are two traders, John and Sally.

They both start with a $1,000 account

John is an aggressive trader and he risks $250 on each trade.

Sally is a conservative trader and she risks $20 on each trade.

Both adopt a trading strategy that wins 50% of the time with an average of 1:2 risk to reward.

Over the next 8 trades, the outcomes are Lose Lose Lose Lose Win Win Win Win.

Here’s the outcome for John:

-$250 -$250 -$250 -$250 = BLOW UP

Here’s the outcome for Sally:

-$20 -$20 -$20 -$20 +$40 +$40 +$40 +$40 = +$80

Do you see the power of risk management?

So here’s the deal:

As a trader, you’ll encounter losses regularly.

But with proper risk management, you can contain these losses till it feels like an “ant bite”.

Discover Professional Price Action Trading Strategies To Profit In Bull And Bear Markets

Learn More 👉 https://priceactiontradingsecrets.com/

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 Ultimate Guide To Tweezer Tops
Learn More 👉 https://www.tradingwithrayner.com/tweezer-tops/

Share ✌️ http://t.me/tradingwithrayner