The Real Rayner Teo

2024-01-27 15:32:24 6 Trading Habits Which Keep You Poor (Without You Realizing It)

Learn More https://www.tradingwithrayner.com/trading-habits-which-keep-you-poor/

Share http://t.me/tradingwithrayner Open / Comment

2024-01-27 04:02:12 [The secret to using multiple timeframes like a pro trader]

I’ll be honest.

I didn’t figure it out on my own.

Instead, I learned it from Adam Grimes and Alexander Elder.

So here’s the “secret”….

When you trade with multiple timeframes, your higher timeframe should be between a factor of 4 to 6 of your entry timeframe.

Confused?

No worries, I’ll explain…

Let’s say for example your trading timeframe is the 1-hour timeframe.

So, which should you reference as your higher timeframe?

1. Take 1-hour multiply by 4, you get a 4-hour timeframe
2. Then, take 1-hour multiply by 6, you get a 6-hour timeframe

This means your higher timeframe can be between 4 and 6-hour

Does it make sense?

Here’s another example:

Let’s say your trading timeframe is the 5-mins timeframe.

Which should you reference as your higher timeframe?

1. Take the 5-mins multiply by 4, you get 20-mins
2. Then, take 5-mins multiply by 6, you get 30-mins

This means your higher timeframe can be between 20 and 30mins Open / Comment

2024-01-26 04:00:00 Trading is not for snowflakes.

The market is rigged against you. Your emotions sabotage you. The prize is only for a few.

Only those with a high pain tolerance should play this game. Open / Comment

2024-01-25 15:24:41 Are you looking for a reliable Forex broker you can trust?

Then you might want to check out ICMarkets.

It has 20,000+ positive reviews on Trustpilot, regulated by ASIC, and has one of the lowest spreads in the industry.

Learn more https://tradingwithrayner.com/broker

And when you sign up with ICMarkets, you’ll get free 6 months of access to Pro Traders Edge (worth $294).

Here’s what you need to do…

1. Sign up for a live account
2. Fund a minimum of $500.
3. Place 1 live trade.

And that’s it!

Open an account now https://tradingwithrayner.com/broker

Disclaimer: I’ll earn a referral fee if you sign up with them. But they are reliable in my opinion (as of this writing). Open / Comment

2024-01-25 03:59:59 [Avoid this mistake when trading multiple timeframes]

Imagine:

You want to spy on your neighbour for god knows what reason.

Perhaps they are doing illegal activities, you’re a nosy park, whatever.

But there’s a fence built between you and your neighbour so you each have your privacy.

How do you overcome this?

Do you take a trip to space and spy down on your neighbour’s house?

Of course not!

Why?

Because you are “too far” out and the sights (or images) you see will not be relevant to your needs.

You’re probably wondering:

“What has this got to do with trading?”

Well, it’s the same concept.

If you want to glean insights from the higher timeframe, you can’t zoom out too far because the information you’ll get is not relevant to you. Open / Comment

2024-01-24 15:25:11 How To Read and Interpret The Moving Average

Learn More https://www.tradingwithrayner.com/how-to-read-moving-average/

Share http://t.me/tradingwithrayner Open / Comment

2024-01-24 03:59:59 Trading is the transfer of money from people who f*** up more to people who f*** up less. Open / Comment

2024-01-23 15:17:04 The Essential Guide To RSI Indicator

Learn More https://www.tradingwithrayner.com/rsi-indicator/

Share http://t.me/tradingwithrayner Open / Comment

2024-01-23 04:00:00 [You can’t make money every day from trading if you don’t have this one thing…]

Let’s play a game…

• If you toss a coin and it comes up heads, you win $2
• If you toss a coin and it comes up tails, you lose $1
• You can only toss the coin once a day

Now let me ask you…

Do you think you can make money every day from this coin toss?

Of course not.

Because on any day, there’s a 50% chance you either get head or tail—and if it comes up tail, you’ll lose $1.

But what if you can toss the coin 1,000 times per day? How would things change?

Let’s see…

If you toss a coin 1,000 times, you’ll likely get around 500 heads and 500 tails.

(Every time it comes up heads, you win $2. If it’s tails, you lose $1.)

So if you do the math, you’ll end up with a net gain of $500.

Now let me ask you…

If you had this “special” coin and could toss it 1,000 times per day, do you think you can make money every day from tossing this coin?

Yes!

So, what’s the lesson here?

The frequency of your coin toss matters.

You might be wondering:

“What has this got to do with trading?”

Everything!

Because if you want to make money every day from trading, your frequency of trades plays a huge role.

That’s because the more trades you can do within a short period of time, the faster the law of large numbers can work in your favour (think of the coin toss example). Open / Comment

2024-01-22 04:00:00 Trading is the hardest easiest money you’ll make. Open / Comment