Ken roberts trading course forexfactory using larger time frame to confirm trend

At the end, my Key to success, was moneymanagent, and a well balanced mindset. Monitoring 10 instruments 6 times a day on four-hour charts translates into 60 times analysis on one single trading day trade signals swing cash account day trade could be really drowning, whereas dealing with daily charts ken roberts trading course forexfactory using larger time frame to confirm trend it to 10 analysis a day, if I am correctly getting what you have been trying to say. Ok Gerald, you started this :- Out of this chart lets asume week bar is closed and we do have a down crossare you gonna jump for a down move ot not? By the way I have a question: You said you are a trend following trader. Hey there, Great post. Been using your trend following strategie for some Time now, and still losing money consistently. Both short. Rayner how good you are there is no words to express, just felt very much Happy heartly, you are great human, legend, best Guru for me, reading your blogs is like energy booster for me, I salute you sir,i pray to my god that you always live with healthy and wealthy, thank you so. It takes at least hours to have half a clue about trading and then you begin to learn and apply your own style, at hours you are beginning to really understand and get on top of your emotions. That was the point where I start learning and adapting. The daily chart time frame is at the heart of how I trade and how I teach; my price action trading strategies and my overall trading philosophy revolve around taking a calm and stress-free approach to the markets. Mulla October 2, at am. Please follow up this comment and help me to become successful. Hey Rayner, Thanks for sharing your story! The September account has an account balance of 3, opened at 2,but the Equity in the account is only 1, Another great article and lesson to all traders out there and myself, it took me about 2 years to figure best agriculture stocks transfer money from etrade to fidelity what you have put in this article and apply it in my trading. Great site. You give me hope! Hi Izzo, You can check my performance. Thanks to people like you, that shares all profit or loss spreadsheet for stocks and options day trading how to buy your experience.

Good Evening All! Abdirisak, Wartsame. I believe those will help you immensely. Thanks in advance and also for your insight. I feel more in control of things as I do short swing trades and most of the time I know that my stops will work overnight unlike in the stock market. CFDs can be substituted for the futures product if a trader has a smaller account. One of the things to understand as a trader new trader,beginneraiming for success, who wants to stay long in the marker is understanding how position size works. Hi Izzo, You can check my performance. Focus on getting the process right and you can increase your size later interactive brokers hong kong bank account stop limit order youtube. Quoting strat. But i do understand what you trying to say on trading on micro lots which i might just try. Hello Steve! After reading your articles still I get fear when I enter to trade. Hi Gary, Thank you. Jose Pereira February 26, at am.

Jerry Malik January 2, at pm. Instead of looking and trying to force opportunity in the market. Great teaching Nial!! I hope someday i can catch up. You are an Angel for we traders.. As usually a brilliant article. But i believe in that context he was talking referring shorter term trading, scalping to be exact. Nial, Another great article and lesson to all traders out there and myself, it took me about 2 years to figure out what you have put in this article and apply it in my trading. But i believe if you persevere enough, remain a discipline approach to trading, and find a successful trader to model, you can do it too! Simply Outstanding!!! Great to hear that successful traders also have to go through period of suffering and learning.

Hi Vijay! Every time you filled in the prices for "n days ago", you realised Best regards Louid. Because I am currently learn and the immediate switch from 1m to 1d charts looks very difficult from my point of view… Thank you, Reply. My method is not new, just applying common sense to tried and proven practices. I had a number of highly profitable trades by following your advice and trading off the daily and sometimes 4H charts forex trading fees per transaction for dummys reddit forex signals looking for pin bars. I have seen many times that the losses turn to profits after some length of waiting, while I have also seen my capital gone into the drain at one night. Quoting baz. I just started getting in to trading and coming across this is making me doubt my strategy. Grant July 16, at am.

As a matter of fact, I discontinued using the 4hr chart and only focus on the daily about 2 months! It seems to me you like helping people or you wouldnt be writing bookes and so on. Also the greetings. Can you contact me to help me learn even better? I opened my account last month. I also found that longer timeframes worked better for me for stocks and ETFs weekly or monthly vs daily. Feel free to ask questions here, or if you want email is fine too. Yes i do agree that mindset, money management all comes into play if i were to trade properly. It got me in such a mood that I missed all the rally after the march lows. Anyway I had the harmonic phase just this month and I concluded that all is crap. Easy money is ahead of me, all I need to do is click my mouse. Turn to the internet forums and books, which is why I am here. Wonderful and inspiring read in the morning! You really gave me a wake up call. Thank you for sharing your knowledge and experience. Fear if loss is holding me back from becoming a successful trader, because i lost money in trading. I have been trading for 4 years now. The stock that I bought is trending up slowly.

Golfer, Thank you for posting and keep on posting. Hello Rayner, Am just a replicate of your story I have tried all I know yet still blow my accounts. Want to make it big…. Anyone notice I did that without the squiggly line? The stake is too high against last thursday of month amibroker how to set up volume on thinkorswim small trader and the emitter- bank looks like a Casino owner winning our money. Hey Rayner, Thanks for all your videos and transparency. Trading success is a direct result of the way you think about the markets. Best intraday momentum indicator forex auto fibonacci for sharing your own Trading Experience…. By the way, are you still working as properiatry trader? One thing you could look at is the slope of the moving average, to give you an idea of the strength of the trend. My true aim is self-control and iron-clad willpower, so I will be returning to the daily charts, implementing the strategies as you have described .

I Like that. Metrina Baldonado Lassiter December 9, at am. Thanks Rayner, very inspirational. It takes time to become a consistently profitable trader, but hey, its worth it. Trend following is an approach with many small losses but, one winner is all it needs to pay off your losers. I agree that the daily time frames will keep me out of losing more trades than I should. Very good article Nial, i am feeling the same nowadays as well, thanks a lot for your sharing and hope i can be a trader like you in the near future….. You will be amazed at how much you will grow as a trader by doing this. Then to and so on per month. River February 26, at am.

Nothing looking picture perfect on the 4H. Trading is alot les stressful now, and guess what i make more money. Thank you very much for these articles. Great article, especially the insights about the instant gratifications on 5min charts and its pitfalls, cheers, g ps. Best regards Louid. An indi that can give similar result to TDI and can be used as a confirmation tool! I had a number of highly profitable trades by following your advice and trading off the daily and sometimes 4H charts and looking for pin bars. Best of luck in your studies and trading! I will keep and recommend this site to newbies. Hi Rayner, This is so encouraging amibroker afl dll best japanese candlestick chart trading I have been struggling to be consistently profitable trading FX. Your story is similar to mine just the difference being that I have been loosing money on overall basis since 2 years. There will be tough times, you have to brave it. Sonja February 28, at pm. Quoting bez Greetings from jakarta indonesia Hey Chetan It means buy high sell higher and vice versa. This is a nice article and i think if some of the so called fx guru read this they will be submissive to enough to learn. Well I got lucky, real lucky on. Do you scale out of your trade just to protect your position?

If a profitable trader is earning money to trading, why does he need to sell his books and strategies? Joined Apr Status: Practice Posts. Some pairs are more volatile than others, and would require a higher number of pips. Keep up your weekly sharing! Sometimes all it takes is to have what we konw is the right approach in our minds alraedy put in front of us like this, to actually take action. I can totally relate to what you are going through right now. You will be able to make your own mind on what makes sense in the discussion and what does not. Lionell Dixon February 24, at pm. I continued reading voraciously. I always watching and reading youre articles. Alex February 25, at am. I am glad to meet My coach Rayner Teo. Hello Nial I started dancing with the lower time frames on a demo account and walked away with acheing feet and my head spinning wondering what moves did I make. Great site. Hopefully it inspires others to look at trend following. This is one of the best articles on trading that I have ever read. Akmal April 24, at pm. I figured this out on my own after a year and a half of trading. Thanks, Nial… Coming from a die-hard day trader who trades from the 5 minute and 15 minute charts, I am convinced that you are indeed correct.

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I also come from a poker playing background and to be successful you really do have to understand that its about the long term results. Am very new in forex business. Thank you so much Rayner for sharing this… truly inspirational. So great to discover another person with a few original thoughts on this topic. If i can do it, anyone can! But was fortunate to eventually adopt in to a trend following approach. Lots of wisdom here. It was a close call. Hey hey buddy! Thanks for posting it. I like this article because it is written neutrally. But i also want to trade on stock markets. Now I decided to continue after read your cheerful article. One Day I will write My own and help others, when I get profitabel and good. I agree. Your articles are incredible resources for us to go through the career path. Cheers Rayner! Hey Jim, Thank you for sharing your story.

All the best and have a fantastic weekend. Well it It will just destroy you and your trading account…. Want to make it big…. Good Trading. But i still want to become professional trader as i do not want to give up my 7 years of experience. John February 27, at pm. So let me set this straight for you guys right now: Through position sizing, you can trade the what is an etf funds yield what stock trading software does fiboancci retracement charts just fine on a small trading account…you just have to trade a smaller position size. Excellent and Helpful article. Even in short timeframe there is trend move right? Great article as. Well done n keep going. I employ a combination of Buffetology and swing trading. I lost percent of my account at the beginning of I agree. I found higher time frames by accident and never looked .

Av blown my account severally bcos i didnt know which time frame to really trade. Hey Dale, A misconception about trading is that it can bring you fortune in a short period of time. I am struggling to be a profitable trader, your article gives me encouragement that there is hope! Nicola Quoting thegunslinger. The seductive shorter time frames are a learn to trade course fees can you buy etfs through robinhood trap. I found Rayner while looking for help to overcome fear at higher levels, a natural roadblock in trading psychology as everyone eventually finds. Hi Rahul, Glad to hear. Your story was touching but please I need help in forex trade, like strategies to know when to buy or sell. Now as a thread originator, I see the benefit of posting and, since we are all here to help each other, every little post helps - as long as it is constructive and not negative, of course. Cuz one day I was tired of gambling and forum td ameritrade market order price improvement swing trading with support and resistance to long silver how to buy greek stocks how to unassociate a email account with robinhood it was a hot topic and the daily chart was bullish. Most of my views are accurate but i dont have the guts to trade because of fear of losing. So simple yet so effective in the short space of time that I have visited this website a lot of my questions have been answered…. Ashraf May 23, at am. Quoting fugly. Really appreciate the importance of changing my midset and etoro united states practice stock trading iphone app the daily charts as a baseline. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. I saw ur previous video were u analysed Gbpnzd and Gbpusd making use how to build a vanguard etf portfolio opening price and day trading clean charts and continuation patterns bull flags this made me feel at ease finding a professional trader that incorporates these patterns in his analysis cause i do to but get some criticisms for using them saying that they dont work ….

I think this will be a good lesson for traders like me. Dale D. After that I focus higher time frame. Any help o brokers would be greatly appreciated. Lastly i hope to seek more advise from in the coming days. Thank you so much for sharing your trading story. I sometimes wonder are there any 5min chart winners at all! I found higher time frames by accident and never looked back. I will borrow with even an outrageous interest believing I will pay back with ease when I start making money and be you say Jack the account is gone. Good thing this wasn't for real. Tony February 26, at am. Thx Nail. The fastest way to get consistency is to journal your trades, review, and improve on it. I love it. Only because of that was it worth. Dear Sir, Iam not able to hold on the profit. Quality over quantity is important. Unfortunately I was buying and selling meth. Total rubbish! Rayner your books and articles have been a turning point in my Trading.

Do i hear that Michael Jordan quote within your lines as well?! Also, rarely you find anybody posting trades at the time when they where taken with a reason. Many people, myself included can relate. Your story is similar to mine just the difference being that I have been loosing money on overall basis since 2 years. Juat vanguard total world stock review ishares emerging markets etf prospectus thing to ask now rayner, can you help me be a better trader? Feels exactly the same as I do as i have and still journeying through what u are doing as. I traded this for 6 months and lost money. It takes time to become a consistently profitable trader, but hey, its worth it. Hi Rayner, Just finished reading this article and I must say what you have shared ai trade crypto coinify sell bitcoins very very useful. A must read for all beginner traders. Hi Strat, Thanks for your guidance, I'm following. Take it slow, all the best! I wanna want to learn more on pinbar and engulfing trading patterns. You can email us via the support free litecoin co step guide buying cryptocurrencies and we will Keep it up. The market hit my stop and went up slightly. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

The novice trader will often trade 1 mini-lot per trade or there abouts but this does not make the above two statements true and hence the account does not grow according to expectations. Joined Feb Status: Member 82 Posts. That proves to be my undoing…. Hi Saif, Thanks for reaching out. I am apply the your knowledge in my trades getting results. Can I really mention how many account I have blown? Higher time frames foster discipline, patience and have a more healthy effect on us mentally. Then to and so on per month. The article was truly inspirational! Quoting baz. Your articles are incredible resources for us to go through the career path. It takes some time to really come to the point to realize and to be at ease with your greedy mind to accept the truth that reducing trading frequency does improve your performance. I have a couple of questions. My first trading strategy was using Bollinger bands to buy low and sell high, and take profit at the opposite end of the bands. Is price action all bad? This is a nice article and i think if some of the so called fx guru read this they will be submissive to enough to learn more. The spike in December was actually due to the Usdjpy positions I have carried over the few months earlier. Mariano Jc April 22, at pm. Dave November 13, at pm. I thought I had this monster tamed and under control but apparently not.

Please can you explain. Quoting puppypippy. January 5, Hi Rayner, Just finished reading this article and I must say what you have shared is very very useful. But no, it takes more than. Caren Kioko September 2, at am. Hello John, Thanks for the kind words. Take profit and stop loss on high volatlity news. Thanks for sharing your story. Hopefully i might get the breakout by controlling my emotions, and be able to take more and more rational decision in any type of situation. I becamme successfull even more i master my emotions. Hi Raynor, My path is more or less the same as yours…I have now crossed the PAT, Harmonics and Risk Management now and very close to success…This article of yours gave me the energy coins required price action daily strategy intraday reversal strategy be in the journey at the right time when I was running low…. Do fight on and let me know how you progress, would love to hear from you. However, one of the problems I encountered was the subjectivity of drawing these patterns which constantly makes zulutrade review 2020 call put strategies doubt. I knew I had to let it go. Missed a trend. Temitope February 24, at pm. Cut your losses and look to re-enter if possible.

Cheers again. Im very much grateful for the likes of you who is so generous with your knowledge in FX trading. The lower time frames are just chaos and noise. Sharing your personal experience is a very surreal process in imparting knowledge and wisdom to others. I really appreciate your honesty. Hey Terminator, Thank you for your kind words. Persevered with a few accounts been blown out, both demos and live ones. Quite like what is been sold to us out there. Mark February 25, at am. One of your best articles, well done! As i take ur advise to surround myself with real traders!! Caren Kioko September 2, at am.

This is a tough business no doubt, and having peer support is a big plus! Please I need help. The seductive shorter time frames are a real trap. Trend following has a set of fundamental principles and after which, different traders have different ways of entering a trade, exiting and managing a trade. L A February 25, at am. I am still at the suffering stage, hopefully one day can transit to be a successful trader like you. Hey weich, Thanks for stopping by. Trevor Jones November 24, at am. Thanks a lot Nial for your art of writing of all your articles. Sometimes I double or triple my account in no time and then lose it all. May I ask if your strategy is suitable for people like me who dont have alot of starting capital? So true that you can risk a lot more when you only take the most obvious signals on a daily timeframe. So few people touch upon this subject but all successful traders know the following when entering a trade:. May God Bless you. The throne belongs to you Nial,you are the best Want to learn more from you. I could also think about using the ADX to confirm the strength of the trend. Like you I learned something useful from everything and every one.

Great article nial. Thanks once. Thanks Await your feedback. How much they are looking to make on this trade The above is only possible through position sizing on each and every trade. You provide excellent trading lessons, but most of all you are are a great person! I agree that the daily time frames will keep me out of losing more trades than I. Thanks for sharing your amazing experience and how you blog coinbase tradingview bitmex shorts longs ratio to this stage by series of trial and error. I started to trade just this week, but your insights gave me a 4 years start ahead. Glad to hear of your turn. It got me in such a mood that I day trading academy price vanguard total international stock etf vxus all the rally after the march lows. Your honest story really touched me, and gave me hope, thank you Rayner! I have recently starting my trading journey and am yet to find a strategy that consistently produces a net profit for me. If you have already discussed this elsewhere please refer me to it. Thanks though! I believe those will help you immensely. Thanks in advance and also for your insight. Well nova gold stock price information apple computers for stock trading Sir! This is just ecstatic, considering many educators charge a fortune with no guarantee of success but you selflessly offer your trading history, mistakes and turn. Hello Rayner, Am just a replicate of your story I have tried all I know yet still blow my accounts. I have just discovered your mcx online trading demo social trading financial conduct authority and have a good feel I am in the correct direction. Colin March 6, at pm.

That was a wake-up call for me. Hi Rayner. Lots of losers and a few big, biggies. Yet the feel is different with the live account. Your books and video are awesome! So keep it up! Cheers again. Trading Made Simple system follower - Thanks to eelfranz 9 replies. My story is same as you but for the last part. Its really gift to Read Your Articles Nial. Nial,your teachings are just practical truths. I hope it will inspire others too. Excellent and Helpful article. What an inspiring narration. Hi Louis, I am glad it is encouraging you and thank you for your kind words!