The Real Rayner Teo

2023-11-22 15:27:16 Forex Market Vs Stock Market: Which One Should You Trade?

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2023-11-22 04:01:45 If you want to grow your account from $500 to $1000, don't be a trader.

Get a job.

It's faster and has lower risk. Open / Comment

2023-11-21 15:22:54 How Long Does It Take To Be A Profitable Trader?

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2023-11-21 04:01:20 [How to use trading indicators like a pro]

You don’t want to have multiple indicators from the same category because they are correlated and doesn’t provide any new information.

That’s like trying to get your wife pregnant in one month by “firing” incessantly. It doesn’t work.

And it’s the same for trading.

So, the rule of thumb is this:

Have only one indicator for each purpose.

I’ll explain…

If you want to trail your stop loss, you can use either the Moving Average or Chandelier Exit — but not both.

Or if you want to time your entry, you can use either the RSI indicator or Stochastic, but not two together because they have the same purpose.

Does it make sense? Open / Comment

2023-11-20 15:18:17 A Beginner’s Guide To Ichimoku Cloud Strategy

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2023-11-20 04:00:00 $100 to $200 is a 100% gain.

$1m to $2m is a 100% gain.

You need money to make money in trading. Open / Comment

2023-11-19 15:23:20 How To Grow A Small Trading Account

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2023-11-18 15:26:43 A monster guide to candlestick patterns to teach you everything you need to know about candlestick patterns without memorizing a single one

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

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2023-11-18 04:01:02 [How to use trading indicators like a pro]

A mistake almost all new traders make is to add many indicators onto their charts, regardless of whether the indicators have a purpose, or not.

But as you know, having more indicators doesn’t mean a thing. Instead, they only add “noise” to your trading and make things more confusing.

So, the rule is this:

Every trading indicator on your chart must have a purpose.

For example…

If you want to identify the trend, then you can consider the Moving Average.

If you want to time your entry, you can consider Stochastic or RSI.

If you want to trail your stop loss, you can consider Chandelier Exit or Moving Average.

So, if there’s an indicator on your chart and you can’t find a purpose for it, exterminate it. Open / Comment

2023-11-17 15:28:36 4 Techniques To Profit From a Stock Market Correction

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