7 Best Practices In Your First Year Of Trading

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 526

  • @vasibam8918
    @vasibam8918 3 роки тому +163

    Take your a time as a beginner, always trade small size. Even if it takes 2 or 5 years to be come consistent it's ok. Anything you lost in those years you will get back in a few months or weeks once you're consistent and have built a decent account size.

    • @inarimusa
      @inarimusa 3 роки тому

      🙏🏾

    • @rezo4386
      @rezo4386 3 роки тому +6

      Trdigng is not only about how to do technical analysis the emotions, psychology, approach are big factors.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +3

      Well-said!

    • @dreablake42
      @dreablake42 3 роки тому

      Thank you for this 😊

    • @William12-m8m
      @William12-m8m 3 роки тому

      if you take 2 to 5 years it means you are not suitable for this job man

  • @TruthAndReconciliation
    @TruthAndReconciliation 3 роки тому +29

    I appreciate the brutal honesty instead of pretending every new trader will be successful

  • @godlovelinus5072
    @godlovelinus5072 3 роки тому +30

    I love your ending words, "I wish you good luck, good trading and I will talk to you soon". You're the best I ever met.

    • @godlovelinus5072
      @godlovelinus5072 3 роки тому

      @@brandoncoin7258 Yes Sir. I do.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +2

      @@godlovelinus5072 The Rayner you replied to is an impostor, we have deleted the comment. STAY VIGILANT!

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +1

      @@telusko6507 The Rayner who recently replied is a fake one, please don't reach out to him as he will just scam you! (deleted the impostor's comment)

  • @tylerm6838
    @tylerm6838 3 роки тому +75

    Damn bro I broke nearly all these rules in my first month of trading.. All I can do now is draw a line in the sand and move forward. I am getting much better with experience and time, but I DEEPLY REGRET telling everyone Im trading full time haha

    • @ayoutubecommenter1827
      @ayoutubecommenter1827 3 роки тому +6

      Same here. They mock me and say I'm just a gambler.

    • @idrissnyami7455
      @idrissnyami7455 3 роки тому +9

      @@ayoutubecommenter1827 People always gonna say something whether u do or not, focus on your path.

    • @leunca
      @leunca 3 роки тому +6

      @@ayoutubecommenter1827 I agree, I did a same mistake.
      Now I only talk about trading with my best friend who is a trader too.
      What funny is, after I gain a constant profit, people who mocked me ask me to teach them, I answered with words they had said themselves when they mocked me. 🤣

    • @elisandroguedes2332
      @elisandroguedes2332 3 роки тому

      @@leunca Same here ahahhaa

    • @keenanbrukman
      @keenanbrukman 3 роки тому

      Guilty🙂

  • @prasanthbugga8381
    @prasanthbugga8381 3 роки тому +134

    I love how u say...hey hey whatsup mu friends

    • @LagunaLeonhart
      @LagunaLeonhart 3 роки тому +9

      Makes me feel better everytime

    • @nabeelahmed9892
      @nabeelahmed9892 3 роки тому +6

      That's trading with Rayner's personal trademarks protected by copyright laws

    • @pct2025
      @pct2025 3 роки тому

      @@nabeelahmed9892 so it’s illegal to ask friends what’s up? #harsh

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому

      ❤️

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +2

      ​@@nabeelahmed9892 The Rayner who recently replied is a fake one, please don't reach out to him as he will just scam you! (deleted the impostor's comment)

  • @gavinbartlett3347
    @gavinbartlett3347 3 роки тому +7

    Hey ,Hey, Mr. Rayner you are a great teacher. I am learning so much and trying to watch all your videos. Some people are very knowledgeable but cannot deliver the message. You are very easy to follow. I just wanted to say Thank you.

  • @sujaydas8912
    @sujaydas8912 3 роки тому +5

    I paper traded for 3 years. Trying all methodologies. But swing trading suits me. Now I am trading with real money for 3 months. I am in profit. Still learning. Your videos helped me a lot. By the I am in NSE market.

  • @fbkglitch9891
    @fbkglitch9891 3 роки тому +11

    For some reason Rayner talking like he knows me cause this was literally me.... Best advise right hear

  • @richtrader2425
    @richtrader2425 3 роки тому +18

    Hey hey Rayner what is up my friend! Every one of these 7 advices is touching deep inside me because it relates to my current situation of trading.
    Thank you for the tireless and genuine support that you are giving us every time.

    • @richtrader2425
      @richtrader2425 3 роки тому +3

      @@wagnersaucedo416 you are a fake Rayner and you are a scammer impersonating the real Raynor.
      Anyone who is here please be attentive to such scammers in the comments.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому

      Glad to hear that Caawiye! and no worries, we have deleted the fake comment

  • @willbrown1220
    @willbrown1220 3 роки тому +10

    I just started trading and this channel is amazing.

  • @dakotahaithcock2658
    @dakotahaithcock2658 3 роки тому +1

    I've been dabbling for almost 3 years on my robinhood account learning as much as I could from videos for beginners. But I just subscribed and I've made more money learning from your videos the most. Thank you so much my man

  • @saulgoodman980
    @saulgoodman980 3 роки тому +5

    I trust very few channels when it comes to trading, and you're one of them

  • @tomcupo1879
    @tomcupo1879 3 роки тому +3

    i broke rule no.2 and the only people who knows im trading is my brother that introduce me to trading.. ive learn a lot in 1 week and do a lot of mistakes and every mistake i made i will analyze it to the root so i can try avoid that to happen again.. but im not so bad at my first week.. i gained but not so much... keep it up bro you helping a lot of people who wants to be a trader....

  • @nkwainquirosta8884
    @nkwainquirosta8884 3 роки тому +3

    The best teacher I've met so far online. You're great Rayner. Thanks again

  • @peculiarmann6884
    @peculiarmann6884 3 роки тому +9

    When it comes to trading, Rayner’s the best teacher on UA-cam hands down.

    • @peculiarmann6884
      @peculiarmann6884 3 роки тому

      @Rayner Teo Thank you! Your videos really helped everything to start making sense to me. I’m finally making money rather than losing it. Your book “Price Action Trading Secrets” really opened my eyes to the world of trading.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +1

      @@peculiarmann6884 He's an impostor and a scammer, please do not engage, stay VIGILANT!

  • @Apos19
    @Apos19 3 роки тому +3

    Thank you. I really need this advice. The FOMO is very strong when your peers always talk about it in their socmed.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +1

      Nothing wrong with taking action, just don't let other's opinions dictate which stock you want to invest on!

  • @ivyhernandez4393
    @ivyhernandez4393 3 роки тому +2

    I love the strategies, learnings and lessons from Sir Rayner! Very practical but Very Important!

  • @BrotherTree1
    @BrotherTree1 3 роки тому +3

    I think this is also a solid summary for anyone who is lost in trading, be they new or a long timer at the game.

  • @ReelGreezy
    @ReelGreezy 3 роки тому +1

    Rayner you really educated me when I threw myself into the world of trading. I have been watching for a while and the knowledge you have shared is better than any teacher I've had and the results show haha. Thank you. Keep the videos coming my friend :).

  • @zamiryusof8239
    @zamiryusof8239 3 роки тому

    I just started trading few weeks ago and already made profit on stocks, FTT and forex consistently - after hours of watching your videos and reading your books (purchased 2).
    Thank you and thank you. One powerful thing that I learnt is price is every thing. Other gurus may focus much on names of pattern but your teaching in who's in control is much valuable in my short experience. Have a good day!

  • @smithraymond09029
    @smithraymond09029 3 роки тому +2

    1:30 this is probably the best advice. It's unfortunate but more often than not, those closest around you will sabotage your efforts. Not necessarily on purpose, but they will not understand. Then you have the straight up haters and "frenemies". It's best to just do you your thing and let the results speak for themselves.

  • @devonburelle400
    @devonburelle400 3 роки тому +2

    Your videos are so helpful and entertaining. I will be watching all of them!!!

  • @gillaltuna551
    @gillaltuna551 3 роки тому +5

    Clicked like even before starting the video! Always good stuff, Rayner! 😊

  • @timmcmorris
    @timmcmorris 3 роки тому +1

    Lots of great advice, but for me #2 DEFINITELY needs an amendment. While its good to keep things under wraps while you learn to shield yourself from constant performance pressure, I didn’t JUST tell my wife, I got her involved! Your marriage is (should be) the most important relationship in your life. If you can’t trust your spouse, you need to fix that problem before investing because it’s an indication that you’ve already been poorly investing all this time! Good relationships occur from investing in them properly. So - we are both in this together, whether we go up or down, we’re in it together and don’t have to live secret lives or hide gains or losses. I subbed for the rest of the advice however :)

  • @jcray8409
    @jcray8409 3 роки тому +2

    Let's see how this year treats me.. starting a small account and see how much I've learned over the past couple years. I knw they'll be ups and downs but looking forward to the learning.

  • @orangequant
    @orangequant 2 роки тому +1

    Great presentation, Mr. Rayner! Thank you.

  • @metalliccat9948
    @metalliccat9948 3 роки тому +2

    Really appreciate your videos man!

  • @ayindetaylor8423
    @ayindetaylor8423 3 роки тому +36

    Why did I rewind the video 6 times to hear the intro? HEY HEY WHAT'S UP MY FRIENDS?

  • @joybanter7081
    @joybanter7081 3 роки тому +1

    Hi..Am new in trading so need to learn first about it..please could you advice on the sequence l need to follow to watch your videos...thanks and stay safe

  • @vivaseussonhos
    @vivaseussonhos 3 роки тому +1

    it seems you're the only trading guru that's for real. very good content.

  • @reytap4326
    @reytap4326 3 роки тому +1

    I love how you get straight to the video

  • @wakawaka1976
    @wakawaka1976 3 роки тому +39

    My wife is way too supportive of me. She doesn’t ask but she listens and when I lose she doesn’t get on me. When I talk about wanting to put more money in she talks about her picking up more hours so I can.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +4

      The Rayner who recently replied is a fake one, please don't reach out to him as he will just scam you! (deleted the impostor's comment)

  • @ItsTheGoodFood
    @ItsTheGoodFood 3 роки тому

    I like how rayner speaks.. so detailed and humorous

  • @augustinekopa6560
    @augustinekopa6560 3 роки тому +1

    Just going into demo mode soon love learning everything about trading and can’t wait to see what 2021 has in store

  • @sonalisingh2856
    @sonalisingh2856 3 роки тому +1

    I am a beginner and i am learning a lot from you. Thank you

  • @vaggelisperpekides1508
    @vaggelisperpekides1508 3 роки тому +25

    I love this guy,he reads inside my soul lol

  • @chndn20829
    @chndn20829 3 роки тому +1

    its been less than a month and I broke all these except the last one... mann I need to change the way i think... Thanks a lot...

  • @Ed-pv6ke
    @Ed-pv6ke 3 роки тому +1

    Thanks again Rayner! Teaching my boy how to trade and your stuff is very integral!

  • @stonemdrmdr8315
    @stonemdrmdr8315 3 роки тому +1

    Hey hey...waz up.....man!! I can’t tell you how much you’ve taught me and keep it coming....thanks a million

  • @billymouque9131
    @billymouque9131 3 роки тому +71

    “YOU’RE GONNA SUCK SO BAD” subbed. Haha.

  • @imhereforthework
    @imhereforthework 3 роки тому +1

    I love your work Rayner. Thanks for keeping it real.

  • @mgnpersonalcare
    @mgnpersonalcare 3 роки тому

    Practices are really worthwhile for newbies.

  • @YakTownGurl
    @YakTownGurl 3 роки тому +5

    I like #2...they sure do ask constantly. Feels great when your up but if your on the losing end it's not good...lol

  • @markcarroll2251
    @markcarroll2251 3 роки тому

    I love the "don't take it personal" point. Funny how it can REALLY feel that way at times. Glad it's not just me lol. Thanks for the video Rayner.

  • @23Firejet
    @23Firejet 3 роки тому +2

    Definitely should've known these when I first started trading years ago!

  • @lynchian275
    @lynchian275 3 роки тому +2

    Brutal honesty. Thank you, Rayner.

  • @jocelynbeatricenanfuka3192
    @jocelynbeatricenanfuka3192 2 роки тому

    The best mentor. Rayner Teo

  • @gouravsharma-jk2vi
    @gouravsharma-jk2vi 3 роки тому +29

    Please trade when u are unmarried... because it's easy to hide your loses from your wife and kids.❤️❤️😘

  • @ovan9114
    @ovan9114 3 роки тому +3

    I watch u and in the money you guys teach soooo much and u definitely helped me understand candle sticks 🙌🏾🙌🏾🙌🏾🙌🏾

    • @ovan9114
      @ovan9114 3 роки тому

      @Rayner Teo I will and I appreciate it 🙌🏾🙌🏾🙌🏾 let’s get this moneyyyyyyy

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +1

      @@ovan9114 The Rayner you replied to is an impostor, we have deleted the comment. STAY VIGILANT!

    • @ovan9114
      @ovan9114 3 роки тому

      @@tradingwithraynersupport6989 crazy shit 😨 thanks tho

  • @TheB.E
    @TheB.E 2 роки тому

    This video has information that is soooo relatable! Thanks Rayner.

  • @CountTrader
    @CountTrader 3 роки тому +12

    I’m an extreme perfectionist, almost ocd. I hate not doing a project or something the absolute best way possible. I’ve been disappointed even when trading successfully that I didn’t sell at the very peak or buy at the absolute lowest price possible.

    • @factorfitness3713
      @factorfitness3713 3 роки тому +1

      I do the same thing. I've gotten over it now after *not* getting out in a sub optimal position and then having things turn around. The more I trade the more I realize profits are profits. It feels GREAT to time something perfectly, but more often than not that's going to lose you money.

  • @ndumisovictormnguni1884
    @ndumisovictormnguni1884 3 роки тому +13

    I like your advice, Rayner however deciding within a year that trading is for you or not is too early. I think 3 to 5 years is the right time to make a decision.

    • @tradingwithraynersupport6989
      @tradingwithraynersupport6989 3 роки тому +1

      It really depends on the person!
      If some rather find to spend their energy on an already growing and profiting business instead of trading, then fair enough!

  • @zimmo9352
    @zimmo9352 3 роки тому +1

    Thank you rayner you’re so wise !

  • @rohitroy3571
    @rohitroy3571 3 роки тому +1

    Best channel on you tube for trading Reason - SIMPLICITY

  • @techdaytv3862
    @techdaytv3862 3 роки тому +1

    Rayner thanks for the good, I learnt a lot from yours videos. But I am using a mobile some features are not there like moving leverage and to draw support and resistance line how do I do the lines. Thanks

  • @0nyxam
    @0nyxam 3 роки тому

    Couple of days ago I started trading because a friend om mine said I should join in with the xrp pump, lost like 300buck( spare money) and strangely enough it drove me into researching all things crypto and with your videos it made so much sense of all this investment wizardry. Now I started to predict what different coins are doing without entering it and learn more about investing.
    So thank you, if I hadn't found your channel I probably wouldn't have found this strange kind off passion to get my money back and starting to grow my portfolio.

  • @prubenfx7073
    @prubenfx7073 3 роки тому +2

    Tnks so much rayner.......

  • @GodspowerUkam1
    @GodspowerUkam1 3 роки тому +3

    Honestly don't tell anyone. FACTS 💯💯💯💯

  • @brothaasteez1585
    @brothaasteez1585 2 роки тому

    Raynor, you are good at mentoring most of us! Like audibility!

  • @johnong9743
    @johnong9743 2 роки тому

    yes Rayner exactly dont tell anyone except you . Yes I agree totally

  • @sureshvellen1433
    @sureshvellen1433 3 роки тому +1

    Rayner how many years have you been trading ?

  • @josephatbotange7203
    @josephatbotange7203 2 роки тому

    That is very true it happened to me and I was totally stressed up and regrated sharing and working over pressure

  • @akhtarsafiloo5564
    @akhtarsafiloo5564 3 роки тому

    guys im on my first year of trading however im just doing all that on a demo account and not really takig it seriously as im on my 19th which is not a good reason though i wanted to admit i shared the truth that i have plans to become a trader and explained how good it can be with my friends and to be honest i just got demotivated with no reason. i will try to push further everyday learn more and im sure with patience and consistancy this is will have to lead to great resaults

  • @keithjefferson6563
    @keithjefferson6563 3 роки тому

    I made the move to tell my wife but she is well aware we will loose the money so she doesn't even bother asking so I am blessed to have her.

  • @jamespainting8
    @jamespainting8 3 роки тому

    Your the best I opened up a simulation demo MT5
    And used your strategies for index trading crypto
    My goodness I keep making profits
    Amazing wow you are excellent!!!
    Teacher thank you 🙏

  • @D07-f1t
    @D07-f1t 3 роки тому +2

    thank you so much for this video it is just what i needed! your channel has helped me tremendously and i cannot thank you enough for all the quality education you provide, i have been trading for a month and you keep me motivated!

  • @playbackproductions1
    @playbackproductions1 3 роки тому +2

    Your videos are very helpful. Thanks! I'm in a good position to learn trading. Please keep up the good work 👍👍👍

  • @billdomi9374
    @billdomi9374 Рік тому

    Thank you for these training videos, you're the man!! Question about being in the red and taxes. Say I'm $2000 in the red in my Margin account. Then I make $500 on a stock. Would I have to pay capital gains on that $500, or would that only lower my Red down to $1500, and I wouldn't get taxed on that $500 winning play?

  • @seenuvasan3810
    @seenuvasan3810 3 роки тому

    2nd point correct

  • @changeric3037
    @changeric3037 3 роки тому +20

    The one dislike you got is from the boss who just got thrown some paper clips.

  • @BlessGodMinistry
    @BlessGodMinistry 3 роки тому +2

    preciate the help bro God bless you

  • @etopjackson764
    @etopjackson764 3 роки тому +3

    In an effort to learn everything a-z , is there a format or an order I can followed?

    • @EducatingMyself
      @EducatingMyself 3 роки тому +7

      Think I can take a shot at answering this one:
      1st - Learn about Candles (How to read them, what they mean, etc)
      2nd - Learn about Support + Resistance Trendlines, Higher Highs and higher lows, lower lows and lower highs.
      3rd. - Learn about Price Action (basically trading without the need for indicators) this one is critical to your foundation.
      4th. - Learn about bullish and bearish candle patterns.
      5th - Learn about some of the main used indicators that are used and how to apply them correctly for helping with PRICE ACTION in determining a possible trade set-up/opportunity.
      6th - Learn about Risk management well. Like really understand it... It's truly not hard but to get and completely understand it just seems like most new traders just rather take risk to try to get rich quick.
      7th - Find a strategy that makes sense to you depending on how you think you would like to trade. Ex: being a day trader, swing trader, scalper trader, etc.
      8th - Test that strategy on a demo account with the same amount of money that you could actually put in the live account if you wanted to. (Make it feel slightly real) do for about a month or two straight. To really get the feel of things.
      9th - If you been winning with your strategy in demo then do like lebron did and take your talents to south beach in your live account. If you stay consistent and keep the formula the same you should be in pretty good shape.
      Hope this helps, I felt to compelled to write this one because we all were once where you were and was hoping someone would answer our simple questions too. It could have helped us a lot in our future of being a trader.

    • @royconroy2843
      @royconroy2843 3 роки тому

      @educatingmyself....brilliant !

  • @RogeriaBritto
    @RogeriaBritto 3 роки тому +1

    You are such a nice guy ! Thank you for all you do here!

  • @EducatingMyself
    @EducatingMyself 3 роки тому

    Great advice especially number two because I didn't listen and now she's doing exactly what you said. Good thing I have great risk management skills so I don't have to lie

  • @stanleymulengamwamba5508
    @stanleymulengamwamba5508 3 роки тому

    Your Videos have been helpful so far from the time I stated learning to Trade. 🇿🇲🇿🇲

  • @mikeyho1212
    @mikeyho1212 3 роки тому

    Thank you Rayner ♥️

  • @GoodaJayz
    @GoodaJayz 3 роки тому

    You've been such a blessing to me for real ..God bless you bro

  • @RA-sy3qb
    @RA-sy3qb 3 роки тому

    Which brokerage do u use?

  • @enricogolfen
    @enricogolfen 3 роки тому +1

    Hey Rayner, have you had experiences with phi ellipses? and if you did, can you make a video on it? cheers

  • @tinybackwoodscabin2825
    @tinybackwoodscabin2825 3 роки тому

    Helpful advice, thanks man

  • @Dojidecodes
    @Dojidecodes 3 роки тому +1

    That second advice is applicable in every scenario ,
    keep it to yourself...

  • @serahwambui4266
    @serahwambui4266 3 роки тому

    This is very true Rayner am victim of number one but through your videos am learning alot GOD bless you .

  • @alexmattucci8507
    @alexmattucci8507 3 роки тому +1

    About number 2, if you get into it with your friend, then you have someone to talk about it with and share your newcomer experience together.

  • @marthakatongo101
    @marthakatongo101 3 роки тому +1

    Thank u man this so helpful

  • @prashantdhyani6570
    @prashantdhyani6570 3 роки тому +1

    🙏
    from Bharat Varsh (India)

  • @reeteshtripathi
    @reeteshtripathi 3 роки тому +1

    Nice Video, Rayner. 👌✌️
    What is the source of your knowledge?

  • @xt225
    @xt225 3 роки тому

    Really top drawer. Superb advice.

  • @James-hf9jk
    @James-hf9jk 3 роки тому +2

    My guy! Love you man keep it up🖤

  • @fredlmr4730
    @fredlmr4730 3 роки тому

    excellent pedagogy, and i love the "sin glish accent", lah ,remind me the year i spent in singapore

  • @Raj-rz7ud
    @Raj-rz7ud 3 роки тому

    Any book to start learning fromA-Z ... M new in this. Want to learn more n more ... Spend around half of the day in youtube trying to find good stuffs ... 😁

  • @fish-on1679
    @fish-on1679 3 роки тому

    Hey Rayner 👋 jc from TX
    I started investing in crypto this year and wanted to learn more about technical analysis and fundamental analysis which series should I start watching in your channel there's. A ton of videos

  • @yaneliswakhoza5901
    @yaneliswakhoza5901 3 роки тому +1

    Your advice are always 👌👌

  • @WFalconerPR
    @WFalconerPR 3 роки тому

    I genuinely enjoy watching these videos, keep up the great work

  • @richardharris5200
    @richardharris5200 3 роки тому

    Appreciate all your advice you give out. Thanks brah!

  • @Artilectual
    @Artilectual 3 роки тому +1

    This is great video. 😎 Great content

  • @hitarthk
    @hitarthk 3 роки тому

    How do I master risk management?

  • @mycaperalta4356
    @mycaperalta4356 3 роки тому +1

    I love this video of you. Everything make sense. Thank youuuu 😍

  • @DaysoftheDad
    @DaysoftheDad 3 роки тому +2

    I think the best one is "Master Risk Management" but "Don't Tell Anyone" is my favorite 👊😆

  • @konstantinosstathopoulos6807
    @konstantinosstathopoulos6807 3 роки тому +13

    3:56 Its all about meth very simple METH (math). 😂😂. Just kidding, and btw i love your videos

  • @devchoudhary12
    @devchoudhary12 3 роки тому +2

    Hey Rayner! I wanted to know about the chart software that you use! It's so clear!
    Also, does it have other country indices and stocks too?