As a scalper I don't have the 2 to 1 edge. On the other hand. Most of the time trades will move in my direction. Often I can also identify when I have been wrong about a trade and cut the loss early. The edge I guess is that I have a lot of attempts per day to get it right and that I never get greedy. Of course I use strategies in that process. What exactly is backtest and what is forward test? In the video shown as a single word for backtest and two words for forward test. In my long life I have only heard people telling me to test things before I use it for the first time. Never backtest.
Besides having a full year in expenses covered, I think that You have to make an extra of waht you would need to live monthly so You can compound Your account so You can improve Your lifestyle, most of all freedom, i would say. If You stay the same, then what's the point of getting into trading?
Hello Rayner I've been trading FX for a few years but with very little knowledge. unfortunately, I have not had the time or spent the time to learn enough (the reason for not trading actively) Due to total lockdown I'm happy that I watched 3 of your videos so far and I would really like to thank you for such a wonderfull detailed explanation is every one of your video, even for someone like me with very little knowledge. I'm not sure how often you check you comments/questions but I have a few short USD/CAD positions as of last Friday market close and I'm really hoping if you can tell me your view on where you see USD/CAD moving and hopefully before the markets open on Monday. once again keep up the work and thank you for sharing your knowledge with everyone.
Do not treat the market like atm-Rayner Teo If we have only 1 source of income which is forex likely we will have this mindset of I must earn this specific amount Everyday which is unrealistic because the market doesn’t go in out favour
£1000 account start working part time is probably the best way start as a beginner. £500 a month? thats amazing espcially compounded......50% a month tho that is a lot of risk and unrealistic. best to start up small and build up both account size and experience.
Hi rayner I’m trying to get into trading but I don’t know what to look for and where to start eg finding a stratergy and all of the basics could you or anyone in the comments send video links or anything that helped them become a decent trader
Hi, i been practicing day trading on my paper trading account that i set 30k.. for every week my daily lowest is $300/$500.. my job paid me only 2k a month and i think my if i trade on real money that i have around 30k real money i think i can make the same money i make on paper trading, now the question should i quit my 9-5 day job so i can focus on my daytradw coz i know i can make more if im home?? is that i good move for me or im not ready yet? please give me good advice
i think your a great teacher but i dont agree with alot of things you say if your trading forex and only profiting 5% a month your never going to make money 5% a week on the other hand is great 1% a day and if your losing 2-3 months in a row thats your stratergy not the market i know from experience if i have 2-3 losing trades in a row take a step back never had losing months let alone 2-3 losing months not selling anything just sharing thoughts
10 000 is okey for part time trading...if full time, i guess you may need to make some money for a living...good luck to cover life expenses with the profits of the 10K account
@@majorbob7211 A friend of mine made in six months 300000 profit with a 60000 account in stocks. Works only if you have a very good strategy otherwise not.
I like it Rayner, straight to the punch, no nonsense... thanks
hey hey what's up my friend
I love it
It’s the importance on a routine, very important!! Thanks for the transparency!!
Thank you Rayner, you the best mentor ever!!!! 👌
I like your free knowledge. Only people with a good heart can do that and there are very less of them. You are one of them.
Respect.
This video really spoke to me. Hoping for more to come rayner
Thanks a lot Rayner for sharing of knowledge
My pleasure!
Thanks for the advice Rayner, God bless you always
The moment when I found that 500$ is more than my monthly income from doing my regular 9-6 job 🤣🤣
hey ray...can you make a video on fibonacci retresment .?
This helped me stop most of my overthinking regarding my future with trading. Thank you
Good sharing and advice Rayner,Thanks
As a scalper I don't have the 2 to 1 edge. On the other hand. Most of the time trades will move in my direction. Often I can also identify when I have been wrong about a trade and cut the loss early. The edge I guess is that I have a lot of attempts per day to get it right and that I never get greedy. Of course I use strategies in that process.
What exactly is backtest and what is forward test? In the video shown as a single word for backtest and two words for forward test. In my long life I have only heard people telling me to test things before I use it for the first time. Never backtest.
12 months of expenses is a lot of money. I wouldn't suggest anyone start trading full time unless they've been trading part time for a year it two
Thanks man
Thanks
Thanks for this advices, I needed this perspective. :)
Besides having a full year in expenses covered, I think that You have to make an extra of waht you would need to live monthly so You can compound Your account so You can improve Your lifestyle, most of all freedom, i would say. If You stay the same, then what's the point of getting into trading?
Hello Rayner I've been trading FX for a few years but with very little knowledge. unfortunately, I have not had the time or spent the time to learn enough (the reason for not trading actively)
Due to total lockdown I'm happy that I watched 3 of your videos so far and I would really like to thank you for such a wonderfull detailed explanation is every one of your video, even for someone like me with very little knowledge.
I'm not sure how often you check you comments/questions but I have a few short USD/CAD positions as of last Friday market close and I'm really hoping if you can tell me your view on where you see USD/CAD moving and hopefully before the markets open on Monday.
once again keep up the work and thank you for sharing your knowledge with everyone.
Thanks, no bullshit. Straight to the point
good info bro
great ty
Seems trading full time is one of the toughest work to do highly profitably
No one can explain like this.....i became a fan of you
Even one intraday trade in a day is sufficient so no need to quit what you are doing ideally.. This is my opinion
thank you Rayner...
Hey Rayner thanks for
always. Pls can you make a video on how to trade with news events?
Nice video
Hey Rayner please make a video about day trading .If I have much free time can I do instead of day trading is it the same concept.
You the man.
hi brother do you trade forex too?? what pairs
@@Keerahmendes brother? :D
Do you tell to every unknown brother? He isn't a Rikshawala. :P
hay hay ma friend 💖
Real talk
just wonder if i swing trading，can i leave the desk after entry the trade?
Sukata Red you’re supposed to ‘set & forget’
If you set your entery, stop loss and take profit...you can
Hi ryner how we identify tomarrow's gap up or gap down ?
HEY HEY , you are the best Rayner
Need help, can anyone help me with where you see USD/CAD moving once the market opens on Monday. Big thank you in advance.
Do not treat the market like atm-Rayner Teo
If we have only 1 source of income which is forex likely we will have this mindset of I must earn this specific amount Everyday which is unrealistic because the market doesn’t go in out favour
I dont know english sir.. give subtitle your video... i translate... it's more helpfull for me....
£1000 account start working part time is probably the best way start as a beginner. £500 a month? thats amazing espcially compounded......50% a month tho that is a lot of risk and unrealistic. best to start up small and build up both account size and experience.
Hi rayner I’m trying to get into trading but I don’t know what to look for and where to start eg finding a stratergy and all of the basics could you or anyone in the comments send video links or anything that helped them become a decent trader
Hey hey what’s up Rayner ☺️☺️
hi rayner, which demo account i can use test my knowledge
Hey could you please make video on how to use Central pivot range indicator (cpr)
You can count yourself as well in the multiple income earners. Making a healthy income through releasing videos every other day with ads on the videos
Super
Can you pls add subtitles
Hi, i been practicing day trading on my paper trading account that i set 30k.. for every week my daily lowest is $300/$500.. my job paid me only 2k a month and i think my if i trade on real money that i have around 30k real money i think i can make the same money i make on paper trading, now the question should i quit my 9-5 day job so i can focus on my daytradw coz i know i can make more if im home?? is that i good move for me or im not ready yet? please give me good advice
hi ray, what do you think about ricky gutierrez
Hey hey what's up my friend wondering where is the superman t-shirt?
-Mr. Rayner: "$1K at 50% per month = $500. You can't survive with that."
- Me: That's my minimum wage on Honduras being an Electrical Engineer 😪
Haven't gotten the guides...left my email like last week bro
Please check your spam or promo tab
200$ a month ok
in Myanmar
😂😂😂😂😂 Damn, no Pinhacolada for me then, great advice man.
Best video to date bro. Hey hey hey hope to have cup of kopi with you one day!
i think your a great teacher but i dont agree with alot of things you say if your trading forex and only profiting 5% a month your never going to make money 5% a week on the other hand is great 1% a day and if your losing 2-3 months in a row thats your stratergy not the market i know from experience if i have 2-3 losing trades in a row take a step back never had losing months let alone 2-3 losing months not selling anything just sharing thoughts
How did you learn fx? Are you using any special strategy? I have also never heard that anyone made more than 7% monthly in fx.
$10 000 is appropriate trading account and $100 000 is for the super rich.
10 000 is okey for part time trading...if full time, i guess you may need to make some money for a living...good luck to cover life expenses with the profits of the 10K account
$30K is enough for an account
@@majorbob7211 A friend of mine made in six months 300000 profit with a 60000 account in stocks. Works only if you have a very good strategy otherwise not.
@@FXBillionaire You Can make a living with $ 30k+ account, a friend and several famous traders did that. With less than that, I am not sure
give us a best trategy for intraday treding
hi brother do you trade forex too?? what pairs
1:2 reward ratio is not 50/50 Rayner . That's 33.3% win rate
hi brother do you trade forex too?? what pairs
pls!!!!!!!!!!!!!!!!!!!!!!!!!!
Rayner.. what's ur edge and plan as a professional trader? =)
hi brother do you trade forex too?? what pairs
Being Asian means you are a 15% better trader
That's why I don't enroll with their forex course 😂😂😂
Hello bro ,, please speak slowly hhhh I’m arabic and can’t understand u will because u fast
Sooo ... Can I have 100 grand?
✌☺
I swear you've made this same video at least 5 times
I'm repeating the same concepts and lessons. It appears "repeated" to you if you have watched many of my videos.