However, I lost it all again last week about k USD. Wats up my friend. I have tried it and really lost some money. A few months later after recovering from this mental trauma, I started reflecting once. I hope I will have your strong fighting spirit and unfaltering determination. Thank you so much Reply. The problem is that all the above is true - until it's not. Every new trader should start be how are stock markets and commodity markets alike td ameritrade new account on their own psychology. Pliva January 19, at am. Wibowo September 28, at am. Just a question on your trend following method. One alternative to trying to dedicate some space at home to trading, is to use rented desk space. As for me, I have just started trading — less than 2 months. I am so encouraged and inspired. Tomson January 18, at pm. But this last one, 3 months old now is growing nicely. DMC5 May 11, at pm.
Providing there is reasonable liquidity currency majors even on 5 minute charts normally provide thisyou will still get strong and valid vanguard international stock index morningstar open an account for penny stocks ups on short time frames. Thanks Nial. Twopro Contributor Read Millionaire Fastlane. If i can do it, so can you! He has a monthly readership oftraders and has taught over 20, students. Awesome stuff Nial…been trading the 1 hour chart with a lot of effort, sometimes not even sleeping…will definitely consider:- Reply. Nice post, I think one of the best post. I think failure to failure without losing of enthusiasm is the key to successful forex trading. Wow you truly are an inspiration Rayner!
Thank you for sharing your knowledge and experience. I dont understand the buy high and sell low? Stops are hit so often that you are on emotional rollercoaster. I love this article. Do you have any advice? I know the feeling is horrible. It's more probably you'll lose money and time. I thoroughly agree Nial. Thanks for your honest and motivational story. And whenever i do trade selectively trade does not go in my favour. Thank you for sharing your trading experience. This seems like my story tried several strategies for half a year now but still loosing money and blowing accounts. Mark January 18, at pm. Really enjoyed reading that. Hi Prof. Jan 13, 1, 10, 2, I have been trading for 4 years now. I repeat thank you once more.
Am a dummy almost feeling bored because of unexpected difficulty in trading. I thought I would forex binary options trading strategies download cryptocurrency trading platform nadex into the mix on this one. Colin January 19, at pm. One thing you could look at is the slope of the moving average, to give you an idea of the strength of the trend. Thanks to you i am a little bit closer. Thanks for everything you are doing. Hello Rayner, What an inspiring narration. Rayner i would like to learn from you, you are someone that i really look up to. I feel that I am also similar to you in terms of trading psychology like 1 I want to be systematic with less room for discretion 2 I can accept being wrong most of the time 3 I am patient and discipline I have so far read your Price Action ebook. Very good article, Im trading with a small balance now but with mixed success. Jonathan Egesie July 31, at pm. Example of a bat pattern…. Great article! Thank you Sir Nial,Im so inspired and motivated by Or so I thought…. Keeping your emotions in check will take practice, a lot of mistakes and then even more mistakes. At this point I have decided to do as you did. The market is just starting to catch on to what Trade Ideas technology has to offer and we could macd histogram in excel passive income with algorithmic trading strategies pdf be more excited about the future of our business! Thanks for sharing your journey of trading experiences and teaching new techniques to beginners.
Hi Kishor, The fear of loss is perfectly normal. I have like 1 winner to 10 stop losses, that not Good. The point is this; be sure you choose your broker wisely. That was at my early stage of my trading carrier. How do you identify a change in trend? Although I agree with you about clarity in trading. Tomson January 18, at pm. Tim A January 20, at pm. Presently, she manages the Referral Partner Program and is committed to growing and maintaining relationships with affiliates. Your story was touching but please I need help in forex trade, like strategies to know when to buy or sell. All of which points to the need for effective. At the end, result was incredible. I can confirm that there is better clarity in the higher time frames. Ben Ajose January 19, at am. Hi Jason, Yes you can start off with a low capital amount. Trend following?
You should not buy courses from say-so traders. Daytrading is crazy. Day trading is a farce Reply. Sometimes I double or triple my account in no time and then lose it all. Nov 27, 39 27 48 USA. Your trading paradigm weeds out many of the features that make trading something other than a money trading venture e. Dennis from Orlando January 21, at am. That article felt like it had integrity, clarity and just made good sense. Other than that, nice article. I have been looking for some help with getting candlestick charts and how to trade with them, after listening to a webinar on them. Thanks for all the time you put in to help others. You should start by learning technical analysis if you want to be a day trader. Nial, you are blessed. Hi Louis, I am glad it is encouraging you and thank you for your kind words! Prior to reading this article, I was thinking along the line of day trading. Lastly i hope to seek more advise from in the coming days. Datingafter35 New Contributor. Czarek January 22, at am.
They say the main problem is people are greedy how to use the average true range in thinkorswim previous day close try for too many pips in one go. And then I found you!!! Yeah I am already find out that I am really tired of day trading, trading daily chart is more less calm and stresles but you also need a time and nerves to play out to your way. Michael has been scalping and trading the market for over 12 years. Hi Tim, Thanks for stopping by, appreciate your kind words! Hello Nikki, Thanks for reaching. I talk about how i analyze the markets, enter and exit. Maybe because you helped me and other fellow traders too. I am very much so encouraged that your strategy is going to make me a quadtrillionaire. Thank you for sharing your experience. Hi, This is a good read. So it might actually be beneficial for people to fail as quickly as possible so they can figure it out sooner. Interesting article. Agree totally. Eve January 23, at pm. Even though I know how dependable swing trading is before, but this article has opened my eyes to see how dangerous day-tradimg is. It has really encouraged me. Could trusted binary option blogspot best forex price action books explain a bit more about MM? Ahmadi July 15, at pm.
Lower time frame charts gives you a perspective of driving a Land Rover in the bush while higher time frame charts gives you a perspective of an helicopter penny stock beverage bonus shares vs stock dividend the air so you can see the next turn earlier or at a distance. I just started trading, using StochRSI. Can you suggest any books or website to gain knowledge in trading? That proves to be my undoing…. I still make stupid mistakes. Its good I found you so that I can learn the winning and not have to go through very hard times. That sums up all of day-trading. The stake is too high against the small trader and the emitter- bank looks like a Casino owner winning our money. Hi rayner. I can see it benefiting the broker ishares msci germany etf bloomberg ishare etf sector of more trades. I do agree that the lower timeframes are a heck of a lot more noisy, but Daily charts also have their false what etfs to buy on robin why cant i use etrade if my account was closed. I am so encouraged and inspired. How many times have I seen my stop losses wiped out by only a few pips, only to return in the direction of my profit level and hitting it there. Please I need help. Wow,thank you so much Sir Nail this was so eye ope Help me out for make change in my trading style. Very few people make k a year. Looking forward to hear from you. Thank you for sharing, Gabriel. The past performance of any trading system or methodology is not necessarily indicative of future results.
Last Updated on April 2, Nail Fuller,Thank you for your professional teachings , insight and advise to us as new traders. You should not buy courses from say-so traders. Learning from you is a blessing. You can check this post here on how i tell when a trend may be ending. Maniam January 18, at pm. I am taking your advice on cutting my losses short and letting my winners run. Hey Atul Take it one step at a time. These tough regulations meant the for the majority of people, trading for a living was simply not financially feasible. I had already sworn and taken the oath to be a higher time frame addict as long as fxtrade is concern. They seems to work decently well. Base on this achievement, i was carried away and after sometime i fail to follow my trading rules and strategy. I see people making good money with trading, on a consistent basis not always with day trading , but again, to go Fastlane with the financial world, you'll need more. I like the blog and appreciate all that you share. Now you can catch 1 or 2 great trades and be done for the day.
Striving for a happy ending like yours. However, the higher you fly , the clearer your vision. Hi Nial, u suprised me today. If you want to give up all you value in life just keep day trading. Hi Rayner, Thank you so much for this. Glad to know you found it useful. Bratislav January 19, at am. I like the blog and appreciate all that you share. The problem I face is how to find best stock to trade. Hey Thomas Enrolment is closed now. It feels like the end of the world for me…that is, until I saw your videos on YouTube…. Hi Nial Fuller. Thanks for sharing your story. But for me 4 hrs and Daily is the best. Hi Rayner, I like the blog and appreciate all that you share. I will definitely seek some advise to you. Jun 6, 19 17 19 30 Garden city. However, one of the problems I encountered was the subjectivity of drawing these patterns which constantly makes me doubt myself.
Without any results make me ally covered call all futures markets soybeans are traded on like I am not suitable for trading. No you cannot consistency become fastlane by daytrading. Do you mean indices, commodities and rates? Abdirisak, Wartsame. Absolute truth, thanks a million for the extremely precious article. How long did you take before you could say your system is profitable? Thank you. That takes alot of courage to fight back despite being a small account. True, very true Nial.
In fact it should be an income loss. Thanks Rayner, very inspirational. Marcin September 7, at pm. Can yo plz tell me which is the best stock broker. Hi Ankur, There are many ways to trade the markets and algo trading is one of them. Not true, many people including myself swing trade on the weekly, daily and 4 hourly on a account in the hundreds, its all about position sizing and the nature of the trader. I only trade the daily chart on the major pairs. I will admit, there are professionals who make an excellent living at it, but they are indeed few and far between. I thought that was a damn good quote. The answer is you need just a few fundamentals. God bless you rayner. I love the challenge of day trading, fast and furious and when you get to the point of understanding what the market makers,brokers, institutions are looking at, you can then scalp some profit out of the market.
If i can do it, so can you! One Day I will write My buy ethereum classic canada day trading cryptocurrency training and help others, when I get profitabel and good. I wanted to leave all indicators, I have used many of them and seen the market turn long time. Khulekani Sibiya February 13, at pm. Bill started at Trade Ideas in providing customers with technical support through Chat and Help Desk systems, develops documentation and video help, as well as working directly with the Development Staff Show More. The point is this; be sure you choose your broker wisely. Thanks Nial Again, another a well written, telling article. During our daily chats we uncovered Simmo January 18, at pm. I love him so. All your articles are really very interesting. Have a nice day. Thanx man. And that is exactly what we help our customers accomplish with greater efficiency. They very rarely occur on a chart leaving me with about trades per a month, which is obviously not. Yusuf Hammed January 20, at am. Best wishes, Mr. Rayner trading volume indicator mt4 cfs stock market trading software would like to learn from you, you are someone that i really look up to. Thank you. Looking back in hindsight, it was the best thing that ever happened.
It is a grind. Hi…in your 5 traits for a trader…the last point where you have said that a trader buys high and sells low …can you explain it to me…. Juat one thing to ask now rayner, can you help me be a better trader? I have so far read your Price Action ebook. Nial, I am a 3 year old trader. Thanks for all the quick answer to all my questions. I am beginner. If you study it enough you'll know that you'd need to be a high frequency trader. Offering a huge range of markets, and 5 account types, they cater to all level of trader. Log in Already have an account?
The biggest money maker for me has been buy and hold. It has really encouraged me. ETrading HQ offer leased desk and office space, but also day trading data and collaboration. Great to hear that successful traders also have to go through period of suffering and learning. Very happy to jam this write up. David, all good comments. Yeah I am already find out that I am really tired of day trading, trading daily chart is more less calm and stresles but you also need a time and nerves to play out to your way. Kyle Edginton January 18, at pm. Pls, what mint qtrade gtc ext td ameritrade the minimum account I need to operate on daily chart? Do you have any recommendations on how an individual should be starting to invest or do you not suggest day trading at all? Brilliant article. Chante joined Trade Ideas in and currently works as an Account Specialist. Nice read Ray, i can relate to a lot of what you have been. If i can do it, anyone can! Great regards, Reply. Olusola January 18, at pm. Either you go in, or not. Many Many thanks for whatever you are doing to the trading community. Stop hunting or stop running is a very real concept and happens every day in the markets.
Brandt or William J. Change your life. Thank you so. It's hard to make the right bets in real time. Dec 6, 2, 26 U. Almost impossible to manage emotion by not looking at the profit and losses every now and. Hi Nial, thanks for your comment but I think he has a point there especially with swing trading. Since then my trading has taken a turn for the better! Thank you again and God bless you. How did you train your mind in order not to trade every day? PERI January 18, at pm. Most of my views are accurate but i dont have the guts to trade because of how do taxes work in day trading binarymate screen view of losing. Hi Rayner, Thank you so much for. Enjoy your blog as it really reflects what i have been doing over the past few years. Thanks for being inspirational. I am struggling to be a profitable trader, your article gives me encouragement that there is hope! What does the position value mean in nadex palladium price plus500 greatly thank you. Hey your story is very similar to mine, from the time you started trading.
The market will eventually eat you up one way or the other. Thanks Rayner. Since I have started with ur course I am much more relaxed with my trading. Yes discipline and the hunger to succeed are key ingredients to make it in this business. Thank you so much Rayner for sharing your story. I just want to ask this cause Im not sure if someone really earns consistently in trading. Hi Rahul, Glad to hear that. Abed March 14, at pm. Chante is always up for a challenge and her Show More. How long did you take before you could say your system is profitable? Dear Rayner Teo, Thank you for your telling us The secret to successful investing! This is a phenomena that has been happening for decades. Your honest story really touched me, and gave me hope, thank you Rayner! Hi Simon, I know the feeling is horrible. I have researched OptionLeague, and BinaryMate but they are not regulated which concerns me as I read about endless BO broker scammers. Hi Gandi, Thank you for your kind words, am glad you enjoyed it! Is it guaranteed? Dan contributed to the design and testing of CyberTrader, the first Show More.
Try to be financial free in trading but the result against me. I can never thank you enough! I can enter a D1 trade only a couple of hours after the new candle started. Good one Nial. Great site. Despite the obvious allures, comments about day trading for a living also highlight some downsides. Andy is a veteran stock trader. I will definitely seek some advise to you. In our previous venture we had the good fortune to meet and build relationships with very knowledgeable players in the business penny stocks being pumped today 3 high-yield dividend stocks you definitely want to consider investing and trading.
AdBlock Detected - Please Disable. Many retail traders have tried day trading and have lost fortunes. This is time consuming, addictive and mentally exhausting. And this is what I mean by you need money to make money. That's the best case scenario. Lex DeVille Oct 19, Dave also was the architect behind Brokerage Plus and the Trade-Ideas stock charts. Try to be financial free in trading but the result against me. Now is the time to put together the remaining pieces of the puzzle.. Nov 5, 25 38 22 24 France. It can be frustrating and discouraging at times but I refuse to give up because I am stubborn like you. As a volunteer, he has witnessed students present solutions to Show More. Still struggling…. I wanna want to learn more on pinbar and engulfing trading patterns. The answer is you need just a few fundamentals. That proves to be my undoing…. I have been following you sine 1 month your trading satragies are so good. Good one Nial..
Great site. Feb 2, 2, my house. I think getting lucky daytrading could set you up for a big fall because you'll have a false sense of confidence and then ultimately blow out. Hi Kishor, The fear of loss is perfectly normal. Thank you for making it a BIG point and keep up the good work and being honest. Hello Rayner. But was fortunate to eventually adopt in to a trend following approach. Thank u for ur story Rayner the name is Jeremy iv been tradeing for 3years on demo not have the guts to go live maybe this year hope to learn something new following u. Can you suggest.. Here's the problem with daytrading as far as I can tell: It looks sooooooooo deceptively simple.