Forex Trading: 4 Things I Wish I Knew When I Started Trading

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  • Опубликовано: 20 сен 2024
  • Discover the biggest forex trading lessons I've learned and the painful mistakes I've made - so you can profit from my experience without costing you a cent.
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Комментарии • 274

  • @onegaimatte1845
    @onegaimatte1845 4 года назад +144

    "Learn from the mistakes of others. You can't live long enough to make them all yourself."
    -Eleanor Roosevelt

  • @cherefatima
    @cherefatima 4 года назад +12

    I’ve just started learning yesterday and I love your videos! Can’t wait to learn more and grow 🦋 thank you Rayner! 🙏🏿❤️

  • @hummit
    @hummit 4 года назад +7

    Thanks for sharing your experience! I agree with the points you raised. There was a full time trading session that I attended with one of the local securities firms - I asked the presenter how much money I needed to be able to trade full time, and he said 50K. I did my sums just like you did, and reckoned that the returns on 50K is just not enough to feed me, let alone feed my family. Also wih so much at stake, my emotions will cloud my judgment. That was why I stuck on with my job and traded part time. No regrets and less stress - because I don't have to monitor the screen like a hawk as I have a more stable source of income

  • @markrickert6592
    @markrickert6592 4 года назад +12

    I really like listening to your videos! I've just been trading for a few months. And you've been very instrumental in my knowledge and growth. Plus I feel like you are a trusted voice out there. So keep up the good work and thanks!

  • @surekag3844
    @surekag3844 5 лет назад +2

    Ur excellent in teaching.free teaching unlike others who use RUclips for publicity of their paid teaching classes after telling partially on RUclips.ur selfless service wins.thanku very much.

  • @TheHazim31
    @TheHazim31 5 лет назад +15

    guys! the intro is back! '' WASSAAAP MY FRIENDDDDD '' thanks for this psycho-logical advises

  • @venky193
    @venky193 5 лет назад +11

    Great tips again Rayner.. great to have you on "our" side brother... keep them coming as always :) .. thanks buddy

  • @darkbulb367
    @darkbulb367 3 года назад +2

    "Stopped out'" My current lesson in need of learning.

  • @M3TNNALI
    @M3TNNALI 3 года назад

    ive started trading following all the advice from Rayner and trading at a lost

  • @TrongNghiaVo
    @TrongNghiaVo 5 лет назад +13

    Hey hey hey My friend, i love hearing every day of trader.

    • @p.treyben5567
      @p.treyben5567 3 года назад +1

      I pulled up Reyna and let my kids here how cool he sounds. Now we are all saying it! Lol!!! What's up, hey, hey, my friend!

  • @sultanabrar5428
    @sultanabrar5428 5 лет назад +57

    Bro make a video of how to use forex demo account. There's no single video giving clear details.

  • @professordumbledore369
    @professordumbledore369 5 лет назад +6

    Thanks Guru for the wonderful video.... Happy Guru Purnima ( An auspicious day in Hindu lunar calendar on which we pay respect and revere our teachers ) 😇😇😇

  • @xrplamb0s4lyfe47
    @xrplamb0s4lyfe47 5 лет назад +4

    you’re information is more valuable then gold! Thank you

  • @oluwasinaezekiel5844
    @oluwasinaezekiel5844 2 года назад

    I salute the work of creator on you
    U are created to teach profitable and successful traders
    Nice one!

  • @phamman88
    @phamman88 4 года назад

    By far the best forex coach on RUclips

  • @jamesc6731
    @jamesc6731 5 лет назад +6

    earned a new sub. you are, by far, my most preferred forex youtuber out there. keep it up!

  • @sethjones4916
    @sethjones4916 4 года назад

    I think the first mistake (inconsistent actions) wasn't a mistake, unless it produced inconsistent results. If you're trading many different strategies (inconsistent actions), but you're trading each strategy well (consistent results), what's the problem? It does make sense for a beginner to focus on one thing at a time, though, to become really efficient in a given strategy. If you're going to try everything that you read about, you may become overwhelmed and unfocused, and you'll probably have less time to devote to trying to improve a given strategy.

  • @Ricsieee
    @Ricsieee 4 года назад +1

    Hi Rayner, Can you please share your excel sheet you are using for backtesting? This would be very useful to many of us! Keep up the good work!

  • @Chuck_N0rris
    @Chuck_N0rris 4 года назад

    One point: If you are going to trade the higher time frames, you should learn swing trading strategies instead of day trading. Also the indicators on the higher time frames are much more accurate so less risky.

  • @akintundeusman8573
    @akintundeusman8573 2 года назад

    Thanks for all your videos it really help me a lot

  • @vutranminhhoang3702
    @vutranminhhoang3702 4 года назад +1

    Thanks Rayner!!!
    The videos are so informative. Watching your videos for about 2 weeks and i can say that i'm PROFITABLE now
    And i find out the trading style that work for me too. Thank you again my TEACHER, love ya

  • @ndivhuwo137
    @ndivhuwo137 5 лет назад +22

    u know its Rayner when you hear "hit the Tsumbs up button below".
    😂 i am ur student Sir.

  • @luciid9072
    @luciid9072 3 года назад

    Thank you for your knowledge Rayner, you are a big positive impact on so many traders including myself

  • @SaavedraAntonio
    @SaavedraAntonio 2 года назад

    Reyner could you do a video on pivot points? I think it would be helpful for new comers trying to see structure. And I would like to see you teach it! Love the videos great content.

  • @capnshankz3303
    @capnshankz3303 5 лет назад +6

    Lesson starts @2:14

  • @MegaYoungday
    @MegaYoungday 5 лет назад

    In my opinion I think it’s very important to understand the concept. The indicator are not important if you have no idea of why you use them (concept.) however, once you understand the concept very well the strategy becomes more important to get down packed until you fully (85%) understand what’s going on.. also you should be psychologically l disciplined to follow the strategy. What I’m saying is once you understand the concept then you can currently develop a strategy that works for you. Happy pips!

    • @adeyemiakindele293
      @adeyemiakindele293 3 года назад

      Hello, do you still trade, ? I will like to know u better pls

  • @shanu5406
    @shanu5406 3 года назад

    Some mistakes really scaring me... Need to do some improvisation to good future... Thanks for sharing ur mistakes Brother🙏 ❤

  • @josephwachira9915
    @josephwachira9915 5 лет назад +2

    Silent follower, i am rayner's student from east africa. Thanks bro

  • @joeloost
    @joeloost 5 лет назад +1

    Lot’s of sense being spoken. Thanks Rayner😉

  • @rcschannel8641
    @rcschannel8641 5 лет назад +4

    Hoping He will be on Live Trading while He's executing his trade on a certain Stocks. GOD Bless Everyone

  • @oneguyontheinternet9998
    @oneguyontheinternet9998 3 года назад

    Great video, thanks for sharing your ideas and mistakes! I was already subscribed, but uh ... I have to watch at least 1/2 of a video before it deserves a 'like'.
    This one got a like.

  • @Williampqt
    @Williampqt 3 года назад

    Thank you, Rayner, for referring this video.
    A comment and a question: Considering that I'm not trading yet, because I'm training, I started following the Brazilian Market and finding a stock with 200-days price closings is usually relly hard to find it...
    Please, mMy question is: It is possible to have another way to find good opportunities?
    Tnaks for more lessons!

  • @Johnny1.0
    @Johnny1.0 3 года назад +4

    Man all those thumbs down must be failed day traders lol Haters gonna hate.

  • @techuniversity4593
    @techuniversity4593 Год назад

    I want to know how to do follow the concept more, for a clearer understanding .
    You can write on it here, 🙏

  • @bloodsin28
    @bloodsin28 5 лет назад +1

    Rayner absolutely great video! Thanks very much.

  • @frankiii4587
    @frankiii4587 5 лет назад +1

    Thank You, Rayner. I always take great notes during your videos!

  • @aniketbobade175
    @aniketbobade175 5 лет назад +2

    Must needed information share by You Rayner. Thanks for that. New traders can save there capital through your words of wisdom.

  • @ryanjozz
    @ryanjozz 5 лет назад +6

    Hi rayner, your face like jess no limit, an e-sport player from my country 😀
    I enjoy your your explanation. Thank you 🙏

  • @israelembayarte37
    @israelembayarte37 4 года назад +3

    among all those utubers, only teo seems revealing it all. And now i shifted to his references and found myself progress in trading.

    • @adeyemiakindele293
      @adeyemiakindele293 3 года назад

      Hello, Israel, do you still trade, ? I will like to know u better pls

  • @sandeeptiwari7902
    @sandeeptiwari7902 3 года назад

    Every word of yours is so amazingly true

  • @davepayneflip652
    @davepayneflip652 5 лет назад +2

    If you do a bit of scalping daily 5 times a week on 50 thousandyou can make a lot more than 20000 a year!

  • @JackKing12.
    @JackKing12. 2 года назад

    You're a good man sharing your knowledge. Good content, tips, advice. Can only say brilliant.

  • @akintundeolasupo7179
    @akintundeolasupo7179 4 года назад

    Hello Rayner, pls help clear my confusion. Ur rules for long in 12.00 and for short in 13.41 seems to negate the general rule for buying low and selling high. Pls help clarify my confusion here. I've always known to buy when the currency pair price is lowest and sell when the currency pair price is highest. Thanks my Easypeasy tutor.

  • @dmorgan0628
    @dmorgan0628 5 лет назад

    Favorited as I've done both to some degrees and always found reinjecting more capital from other jobs is the best way forward and eases the pain from being stopped out or taking small losses when a reinjection of funds just broke it even.

  • @kavenvarma
    @kavenvarma 5 лет назад +4

    woaahhh.. seriously the first & 4th mistakes you're mentioned here is like eye opener for me man. finally i got my mistakes. thanks Mr.Rayner.

  • @pavankumars2961
    @pavankumars2961 4 года назад

    Hi Rayner,
    Can u do a video on part time trading. What are key parameters to look at. How to do trading with full time job

  • @ijsandhu01
    @ijsandhu01 5 лет назад

    i learned many times that brokers run away with investors money.. which according to you is reliable broker to invest money with?

  • @SantoshChordiya
    @SantoshChordiya 5 лет назад

    As usual a very good video Rayner. I'm always eager to watch your videos and to learn from them. Grateful for your generosity

  • @thokozanipius5439
    @thokozanipius5439 5 лет назад +2

    Consistency... Great Learning Rayner

  • @RaineInKS
    @RaineInKS 5 лет назад +3

    Thanks for the video! Not sure why, but I learned a lot in this video. Going to change up my strategy.

  • @muhammadrashid8313
    @muhammadrashid8313 5 лет назад

    Very simple but comprehensive information, Thank you Sir !

  • @jesserutkowski5499
    @jesserutkowski5499 2 года назад +1

    What backtesting software do you use for all of that data?

  • @chanchaldas2199
    @chanchaldas2199 5 лет назад

    Very nice to share your experience, these are the common mistakes almost all are committing including me.Thanks.

  • @nathanallen4193
    @nathanallen4193 5 лет назад

    Oh and BTW, I think all of your lessons are both entertaining and easy to understand. Apart from this bit. LOL!!!!

  • @ZEROKOOL
    @ZEROKOOL 5 лет назад

    I always see the videos and gain knowledge... thanks to you Rayner a lot.

  • @hayleybonnell8837
    @hayleybonnell8837 2 года назад

    Where is the orange button? It doesn't do anything on this video

  • @donkruuz3903
    @donkruuz3903 5 лет назад +3

    Re your last point, do we need to trade 20 markets to have a good positive return?

  • @ronalddestajo1533
    @ronalddestajo1533 3 года назад

    Thank you Rayner for your message!!

  • @oluwatobilobaadefemi2227
    @oluwatobilobaadefemi2227 3 года назад

    THANK YOU VERY MUCH!!! YOU ARE AMAZING, INSPIRING, REAL, INFORMATIVE, OFFER CRISP DELIVERIES, YOU ROCK MY FRIEND! COOL GUY

  • @lukichandra7198
    @lukichandra7198 5 лет назад

    Thanks Rayner, all of your videos helps me a lot!

  • @c.v.nwaneto4275
    @c.v.nwaneto4275 4 года назад

    Hey hey my friend, after watching you here as always I have a different mind set to trading. I now see Fx-trading as a long term investment that needs continuous nurturing with extra funds to build up.

  • @RidzuanYahya
    @RidzuanYahya 5 лет назад +3

    Subbed at Mistake #1. Great video!!!!

  • @techuniversity4593
    @techuniversity4593 Год назад

    No link for the ultimate guide to trend following

  • @sigma_z
    @sigma_z 4 года назад

    How successful are you as a trader? Could you show us some LIVE trading?

  • @tatiagafrindashvili1011
    @tatiagafrindashvili1011 2 года назад

    mong cô Mây hướng dẫn bài tết đong đầy

  • @nungusamaposa2772
    @nungusamaposa2772 5 лет назад

    thank you so much..in just a few minutes of this video i had already grasp something so relevant. .thank you

  • @cosmoscomputers4920
    @cosmoscomputers4920 3 года назад

    You're the man Rayner! Thank you

  • @alanv3185
    @alanv3185 4 года назад

    You can make 48% a month. I trade etfs though, I don't do forex. Idk how different they are

  • @michelerich3242
    @michelerich3242 5 лет назад

    So, Rayner, do I understand correctly that the concept in trading is WHAT you do, (eg trend follow)-and the strategy is the steps on HOW to achieve it?

  • @kingbartsfilmscape
    @kingbartsfilmscape 3 года назад

    Nice vid rayner

  • @FrancisFurtak
    @FrancisFurtak 5 лет назад

    Good stuff Ray! I'm a beginner and will keep watching . Thanks

  • @hayleybonnell8837
    @hayleybonnell8837 2 года назад

    Are you saying the higher timeframes are more profitable?

  • @sandyl3397
    @sandyl3397 2 года назад

    Hello! Do you only trade forex or is that the only market you find profitable? I was wondering if you also traded crypto. Can you not make a video about this? 🙏🏻💯🔥

  • @rajun9428
    @rajun9428 5 лет назад

    Hi...can you tell me on how do you select the stock for intraday...

  • @Hablaporinternet
    @Hablaporinternet 4 года назад

    Very good video Rayner... thanks for sharing...!

  • @goalsetterinvesting4211
    @goalsetterinvesting4211 5 лет назад

    Whoooah cheers prof... concept is the key factor 👨‍💻👨‍💻

  • @antoniofr660
    @antoniofr660 5 лет назад

    Hello Rayner
    Thank you for all the Videos.Iam following you for since long Time and learn a lot from you.Can you please tell me your opinion about the Volume Trading? Sorry, but I really like to have the knowledge about the instruments which help me to be profitable.Thank you for answer.

  • @vivasjimmy
    @vivasjimmy 4 года назад

    is 20% INTEREST SOMETHING REALISTIC?

  • @benreal2824
    @benreal2824 5 лет назад +1

    Hi, thanks for this video pls do you have any video for "support & resistance level strategy live trade formula

  • @Distract
    @Distract 5 лет назад

    Honesty is key

  • @marissaplace16
    @marissaplace16 3 года назад

    hi Rayner, i am a new subscriber, about more than 2 weeks, i really like your tutorial on trade markets. i have interest to try but im scared, interested to do it. And how can start, and to find al legit agent? thanks to your useful teaching.

  • @ramkyr8286
    @ramkyr8286 5 лет назад +10

    I did SIP for 10 years and made 200K...I lost my job.
    Then I started day trade to live. I lost all 200K with in a year.

  • @lionelperez6635
    @lionelperez6635 5 лет назад +1

    Your hands down one of the best trading teachers online bro....Thanks for the learning journey

  • @skleja01
    @skleja01 5 лет назад +1

    Dude, i will hit the like and subscribe button when i will be satisfied with your video. Not at the beginning od it 😱

  • @nyagowaowino44
    @nyagowaowino44 4 года назад

    Hye Rayner can you please do a video on Order types.

  • @kevinh8786
    @kevinh8786 5 лет назад +2

    Nice Video especially the last segment. Can you recommend any backtesting software

  • @bankvideo1
    @bankvideo1 4 года назад

    I have tried to download the pdf of The Ultimate Guide & The Monster Guide, they’re the same contents inside.

  • @mitzerodha9854
    @mitzerodha9854 3 года назад

    Awesome knowledge sir 👍

  • @M3TNNALI
    @M3TNNALI 3 года назад

    great videos but what is the guarantee you will always profit, there isnt, that wealth can also be all lost !!

  • @rajain
    @rajain 4 года назад

    You're true Gem...thank you for sharing

  • @jeannotnelson4048
    @jeannotnelson4048 5 лет назад

    i love that calc with the compounding interest - is it possible to get it from you Rayner?

  • @forfun257
    @forfun257 5 лет назад

    I have hit by all the mentioned mistakes...wish if i could watch beforehand when I step into the market and loss my first trading capital

  • @rolandmoyo8257
    @rolandmoyo8257 5 лет назад

    Thank you very much, your videos are so helpful Broe....

  • @rizzwanlims
    @rizzwanlims 5 лет назад

    thanks rayner! keep doing you!

  • @simonwilliams7682
    @simonwilliams7682 5 лет назад

    Fantastic info Rayner love this !!!

  • @natel3917
    @natel3917 4 года назад +9

    I love these videos and have watched at least 30 in the last 6 months, however, in your video you mention that you started with $50,000 capital from savings and family assistance, but in your spreadsheet the capital is listed at $1,000,000. You also mention that your aspirations were aimed at your first year's returns of 40%+, however, the date on your spreadsheet shows a 9.5% increase (still, bravo...very well done). based on the info in that spreadsheet it also shows a median over the last 18 years of 11%+ (also, fantastically done).
    My point being, I hope that beginning traders aren't taking the statistics as a way to get rich quick. I know there are millions of surfers out there lookin for those strategies. From watching @Rayner Teo 's videos, that isn't what you'll get. Sorry to be the stickler of the comments but I felt like I should clarify the information being thrown around for the sake of your content's delivery

  • @tagepugang7717
    @tagepugang7717 5 лет назад

    Teo please share a strategy that works in real market... I ve been doin my money management and risk management but don't ve good strategy to catch 60% win. Please help.

  • @simrybak3582
    @simrybak3582 4 года назад

    And after all what you've learned you decided that teaching and selling Forex courses is more profitable than trading? you are so skilled why you dont make big money from trading? or maybe you have myfxbook account to show you are profitable trader? can you show it please?

  • @augustineabbey1884
    @augustineabbey1884 5 лет назад +1

    you are the best and thank you so much