For free trading education, go to http://www.tradingwithrayner.com
I had a loss this week.
It’s not unusual because it typically goes like…
Small loss. Small loss. Small loss…
…then BOOM!
A huge winner.
That’s how my trading is like, taking small hits along the way; till I catch a trend and pay for these little losses.
So in today’s video, I’ll share with you:
• Two BADASS trading setups that have just fired — and how you can take advantage of it
• Why I almost NEVER exit my trades before my stops is hit (this could be a deciding factor whether you win or lose)
Are you ready to start your week with a bang?
Then go watch today's video below.
For free trading education, go to http://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
I had a loss this week.
It’s not unusual because it typically goes like…
Small loss. Small loss. Small loss…
…then BOOM!
A huge winner.
That’s how my trading is like, taking small hits along the way; till I catch a trend and pay for these little losses.
So in today’s video, I’ll share with you:
• Two BADASS trading setups that have just fired — and how you can take advantage of it
• Why I almost NEVER exit my trades before my stops is hit (this could be a deciding factor whether you win or lose)
Are you ready to start your week with a bang?
Then go watch today's video below.
For free trading education, go to http://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
Thank you Rayner…. Ur the best…! You will always have my support and interest…! 💪💪💪
That’s a terrible place to short
Thanks for posting
Awesome video. Always appreciate your thought process on your trade setups
Thanks Rayner
Hats off…….
thans a lot
That was a reasonable loss.
Very valid points you are pointing out here. Thanks Rayner!
Hi there Rayner and a good set of Videos. One question, do you always trade with trailing Stop losses and at any point do you add to winning Trades and what is your criteria to enter a 2nd trade? Thanks in advance
very helpful..
Your videos are gold. Every entry has a probability, and you have to make sure all you checklist is met and chances are stacked in your favour. When you lose, you lose small (Correct stop-loss), but when you win you win big (exit a little and trail the rest (Trend follower style).
I've come to believe that markets will do what it will do, You have to have the patience to wait for your legit set-ups and the patience to hold on till you plan says exit (2-3 Multiple timeframe analysis is gold!). Thinking in probabilities and averages will keep your mind steady!
You have taught me so much over the years, I have adopted and adapted many times over. I hope to share my trading style I have developed with you sometime soon
Thank you Rayner for your events, weekly videos and just for being a great person I can tell! 🙂
Great point on FOL & too many criterias set to prevent losses/analysis paralysis until i can't trade at all.
Excellent video as always! Now I have to learn what is ATR 🙂
Hey Rayner! How do you calculate where to place your stop loss? 1ATR, 2ATR?
Just wondering about if you move your stop loss once you're in profit and if you have any general rules for this?
Great explanation of FOL
Excellent your making my trading so much easier and now i can see i have a edge …thanks so much bro
good one….
Rayner! You have advised correctly. It is matter of being disciplined. Cost of doing business is to wait patiently during tough times. Till the SL is not triggered there is no reason to quit. This is all ok when we have taken decision based on certain parameters and not jumped into the trade. In fact you have many a times advised on not to jump into the trade! And your FOL concept is a perfect trading psychology. Why should we go long when we are approaching resistance and deny our own confidence! In fact " EVERYTHING YOU WANT IS ON THE OTHER SIDE OF FEAR" !. Cheers! Mate!
Hey Rayner, what do you mean by 1ETR stop loss? Do you mean 1:1? Thanks