We talk about a trading mistake made by newer traders, that reduces your profit in the long run.
Also we look at couple of trading setups on Gbpjpy & Usdjpy.
Thanks for watching!
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14 thoughts on “Beware of this trading mistake that reduces your profit”
  1. Avataaar/Circle Created with python_avatars david kiruri says:

    Good job Rayner

  2. Avataaar/Circle Created with python_avatars Temmi Wijaya says:

    Hai, Rayner, im new in fores trade, im confuse about draw support and resisstance line, so my questions are :
    1. We draw support line at close price or lower prices?
    2. We draw resisstance line at close price or highest price?

    If theres an video discuss bout it, would you might drop the link so i can direct open the link then learn it for my case, and i would like to say sorry anyway cuz i still watch your video from 4 years ago, and not finish all yet,
    Respect 🙏

  3. Avataaar/Circle Created with python_avatars RAJAT RASTOGI says:

    A class video as always u do rayner… a true champ u r.. thanks bro

  4. Avataaar/Circle Created with python_avatars Andrew Le says:

    Hi, Rayner. When you plan to enter a trade with a buy stop, how far beyond the breakout level do you place your buy stop? Do you just eyeball it?

  5. Avataaar/Circle Created with python_avatars E Trade says:

    The mistake : moving SL to BE too early

  6. Avataaar/Circle Created with python_avatars Viktoras K says:

    Rayner when you enter second position do you enter with same lot or doubling?

  7. Avataaar/Circle Created with python_avatars Tshepo Kotoane says:

    Thnx man god bless you

  8. Avataaar/Circle Created with python_avatars Tshepo Kotoane says:

    So that app will allow me to draw and write on my mt4??

  9. Avataaar/Circle Created with python_avatars Tshepo Kotoane says:

    hey Rayner what is the app you use for editing on the mt4

  10. Avataaar/Circle Created with python_avatars kumar bapi says:

    HELO FOR AUDUSD REGARDING TRADING CAN U GIVE SOME INFORMATION

  11. Avataaar/Circle Created with python_avatars TiktokFun says:

    Thanks Rayner for these videos. Usefull.

  12. Avataaar/Circle Created with python_avatars Kevin Jiang says:

    Hi Rayner, great video (awesome intro logo as well 🙂

    Three points wanted to ask:

    1) Do you ever trade intraday with your trend following strategies or mostly stick to just weekly (ie. how long are you holding your trades?)?

    2) In the copper example you went over, given how you mentioned you really don't know which direction the breakout would go during the consolidation, do you ever submit two orders: both a stop buy above the resistance and a stop sell (short) below the support? Anything wrong with doing this (I tend to do a lot if I'm leaving orders open overnight while I'm sleeping)

    3) Ever consider going into algo trading to automate some of your strategies?

  13. Avataaar/Circle Created with python_avatars felixbunny says:

    Nice transition screen hahaha but i miss your opening music haha

  14. Avataaar/Circle Created with python_avatars Anthony Lim says:

    A good video to help me in my learning journey…Thanks, Rayner!!!

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