𝗚𝗲𝘁 𝘁𝗵𝗶𝘀 𝘀𝘁𝗿𝗮𝗶𝗴𝗵𝘁 – 𝗶𝗳 𝘆𝗼𝘂’𝗿𝗲 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗶𝗻𝗴 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝗹𝘆, 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝘀𝘁𝗼𝗽 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲𝗹𝘆
Here’s the thing:
Many traders get involved in trading because they want another source of income so they can pay the bills, put food on the table, and have a better life.
And if you’re struggling financially, it might seem that trading is your ticket to a better future.
But, this couldn’t be further from the truth.
Here’s why…
Trading is not a get-rich-quick scheme.
Trading isn’t something where you can put in $100 and get back $200 the next day.
Trading isn’t something that will pay you consistently week after week or month after month.
Why?
Because there’s risk involved — so there’s no guarantee in trading.
So, if you’re struggling financially, that money should be put to better use like paying the bills, providing for your family, putting food on the table, etc.
You don’t want to risk your hard-earned money on something that may or may not work because that’s not fair to your loved ones.
同時也有27部Youtube影片,追蹤數超過115萬的網紅Rayner Teo,也在其Youtube影片中提到,Hey hey, what's up my friend! In today's training, you'll discover how to better time your entries instantly (using this little-known technique). T...
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the better traders 在 TradingwithRayner Facebook 的精選貼文
𝗪𝗵𝘆 𝘆𝗼𝘂𝗿 𝘀𝘁𝗼𝗽 𝗹𝗼𝘀𝘀 𝗮𝗹𝘄𝗮𝘆𝘀 𝗴𝗲𝘁𝘀 𝗵𝘂𝗻𝘁𝗲𝗱 𝗮𝗻𝗱 𝗵𝗼𝘄 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗮𝘃𝗼𝗶𝗱 𝗶𝘁
Imagine…
You manage a hedge fund and want to buy 1 million shares of ABC stock. You know support is at $100 and ABC is currently trading at $110.
Now if you were to buy ABC stock right now, you’ll likely push the price higher and get filled at an average price of $115 — that’s $5 higher than the current price.
So what do you do?
Since you know $100 is an area of support, chances are, there will be a cluster of stop loss underneath it (from traders who are long ABC stock).
So, if you could push the price lower to trigger these stops, there would be a flood of sell orders hitting the market (as buyers will exit their losing positions).
With the amount of selling pressure coming in, you could buy your 1 million shares of ABC stock from these traders which gives you a better average price.
In other words, if an institution wants to long the markets with minimal slippage, they tend to place a sell order to trigger nearby stop losses. This allows them to buy from traders cutting their losses, which offers them a more favourable entry price.
Go look at your charts and you’ll often see the market taking out the lows of support, only to trade higher subsequently.
Now you’re probably wondering:
“So how do I avoid it?”
Simple.
Set your stop loss a distance away from support to give it some buffer so your stop loss doesn’t get eaten too easily.
Here’s how…
- Identify the lows of support
- Find the current Average True Range (ATR) value and subtract 1 ATR from the lows of support
The idea is to define the current market’s volatility and then subtract it from the lows of support.
This way, you are giving your stop loss a buffer that’s based on the volatility of the markets (and not just some random number).
Pro Tip:
If you want a tighter stop loss, you can reduce your ATR multiple, like having 0.5 ATR instead of 1.
the better traders 在 Facebook 的最讚貼文
Link: https://bit.ly/3eB8sC8
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the better traders 在 Rayner Teo Youtube 的最佳貼文
Hey hey, what's up my friend!
In today's training, you'll discover how to better time your entries instantly (using this little-known technique).
This is for you if:
1. Your trading entries suck
2. You buy at support and still lose money
3. The market always hits your stop loss for no reason
If you're experiencing any of the above, then go watch this video right now...
** FREE TRADING STRATEGY GUIDES **
The Ultimate Guide to Price Action Trading: https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
The Monster Guide to Candlestick Patterns: https://www.tradingwithrayner.com/candlestick-pdf-guide/
** PREMIUM TRAINING **
Pro Traders Edge: https://www.tradingwithrayner.com/pte/
Pullback Stock Trading System: https://pullbackstocktradingsystem.com/
Price Action Trading Secrets: http://priceactiontradingsecrets.com/
the better traders 在 Rayner Teo Youtube 的最佳貼文
In today’s episode, you’ll discover a simple trading checklist to better time your entries (you don’t want to miss this out).
So go watch it right now...
** FREE TRADING STRATEGY GUIDES **
The Ultimate Guide to Price Action Trading: https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
The Monster Guide to Candlestick Patterns: https://www.tradingwithrayner.com/candlestick-pdf-guide/
** PREMIUM TRAINING **
Pro Traders Edge: https://www.tradingwithrayner.com/pte/
Pullback Stock Trading System: https://pullbackstocktradingsystem.com/
Price Action Trading Secrets: http://priceactiontradingsecrets.com/
the better traders 在 Rayner Teo Youtube 的最佳解答
Do you always enter the markets too late just when it's about to reverse?
Or do you enter your trades too early, only to watch the market continue moving against you?
Well if any of the above sounds like you, then today's training is for you.
Here's what you'll discover:
** How to develop sniper trading entries without relying on indicators, news, or signals
** Price action patterns that work so you can use it to better time your entries in bull & bear markets
** ONE thing that's more important than your entry-which determines whether your trade is likely to be a winner or loser
** And much more…
Interested?
Then go watch it right now.
** FREE TRADING STRATEGY GUIDES **
The Ultimate Guide to Price Action Trading: https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
The Monster Guide to Candlestick Patterns: https://www.tradingwithrayner.com/candlestick-pdf-guide/
** PREMIUM TRAINING **
Pro Traders Edge: https://www.tradingwithrayner.com/pte/
Pullback Stock Trading System: https://pullbackstocktradingsystem.com/