Reblog: William J. O’Neil – 23 Trading Rules That Will Make You a Better Stock Trader


WillimJOneil

William J. O’Neil is one of the greatest stock traders of our time, achieving a return of 5000% over a 25 year period.

He uses a trading strategy called CANSLIM, which combines fundamental analysis, technical analysis, risk management and timing.

You can learn this exact trading strategy in his best selling book, How To Make Money In Stocks: A Winning System in Good Times and Bad.

His financial successes led him to:

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Reblog: The 7 Brutal Truths: Why You Should Not Be a Trader


Let me ask you…

Why do you want to be a trader?

You want financial freedom.

You don’t want to answer to anybody.

You want to be your own boss.

You want to make money.

You want a passive source of income.

Now you’re probably wondering:

“Is it possible to achieve all these from trading?”

Good question.

Then you’ll want to read every single word in this post because you’ll discover the myths, the possibilities, and most importantly… the truth about trading.

You may be surprised at what I’m about to share with you.

So if you’re ready… then let’s begin.

#1 You’re trading for passive income

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Reblog: Ascending Triangle Chart Pattern (Trading Strategy)


Here’s the deal:

I’m not a chart pattern trader.

However…

The Ascending Triangle chart pattern is one of the few patterns I trade.

Why?

Because when other traders get stopped out, they help “push” the market further in your favor.

In short, you EXPLOIT the stop-loss orders of losing traders — and that’s why it works.

And because this is so powerful, I’ve created a new trading video on Ascending Triangle chart pattern.

You’ll learn:

  • What is an Ascending Triangle chart pattern and why does it work
  • You should always go short when the price is at Resistance, right? Wrong! I’ll explain why…
  • How to better time your entries & exits when trading the Ascending Triangle
  • When is the best time to trade Ascending Triangle (and why)
  • How to find high probability breakout trades with the Ascending Triangle chart pattern

You ready to learn this powerful chart pattern?

Then go watch this video below now…

Now, here’s a question for you…

How do you trade the Ascending Triangle chart pattern?

The original post by Rayner Teo appears on tradingwithrayner.com and is available here.


Reblog: 39 Powerful Trading Tips by Ed Seykota That Will Rock Your Trading


ed seykota

Heard of Ed Seykota?

He was featured in the book Market Wizards and returned 250,000% over a 16 year period. Comparable to the likes of Warren Buffet and George Soros.

A little background:

Ed Seykota has an Electrical Engineering degree from MIT and is a systematic trend follower.

His trading is largely confined to the few minutes it takes to run his computer program, which generates signals for the next day.

If you want to get into the mind of one the best traders around, this is your chance.

Here are the 39 best things said by Ed Seykota.

Quotes by Ed Seykota

Technical analysis

1. In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading. Way down in very distant fourth place are my fundamental ideas and, quite likely, on balance, they have cost me money.

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Reblog: A Moving Average Trading Strategy That Actually Works


You’ll LOVE today’s lesson because…

I’m going to teach you a Moving Average trading strategy that I’ve been using for years (and no it’s not Moving Average crossover).

In fact:

It’s a “buy low sell high” trading strategy that can be applied to the Forex, Futures, and Stock markets.

I’ll reveal the full details of the trading strategy and leave no stones unturned.

This includes the exact trading setup I look for, entries, exits, and stop loss.

And how you can use this strategy to capture a swing for consistent income or, ride massive trends and grow your wealth over time.

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Reblog: How to find an edge in the markets (a proven approach)


A few weeks back, I heard someone asking this question:

“How do you find new trading strategies and setups?”

Now the truth is… setups and strategies are useless if it doesn’t have an edge in the markets. You can have the best risk management, correct trading psychology but, without an edge, you’re still going to lose money in the long run.

Instead, a better question would be…  “How do I find an edge in the markets?”

Now, if you are interested to know, then today’s video is for you.

Because you will learn…

  • The SECRET to finding an edge in the markets
  • How to profit from losing traders (by thinking one step ahead of them)
  • Practical trading techniques which give you an edge

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Reblog: How to Identify Trend Reversal in the Markets With Zero Indicators


Do you want to know how to identify trend reversal ahead of time, guaranteed?

Well, it doesn’t exist.

No trading system or methodology can.

However…

The closest thing you’ll get is to learn how to read the price action and identify potential areas where the market could reverse.

And this is what you’ll learn in today’s post. Ready?

Then let’s begin…

How to identify trend reversal — identify weakness in the trending move

First, let me define what a trending move is…

A trending move is the “stronger” leg of a trend and it trades in the same direction of it (that’s why I call it trending move).

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Reblog: How to Master TradingView in Less than 20 minutes


TradingView charting platform has a ton of features that you can take advantage of.

You’ve got indicators, tools, watchlist, templates, chat, charts, ideas, scripts, and etc.

But the problem is:

You’d have to spend many hours trying to figure out how things work, and decide which features are relevant to you.

So…

Won’t it be great if you can learn how to use the most important tools that TradingView offers — without getting distracted?

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Reblog: The Best Trading Books of All Time


best trading books
Look: I’m not a genius or anything.

But one thing I know is this…

If I want to be a successful trader, then I need to model the process used by successful traders.

And the best way to do so is to read the best trading books out there.

You’re probably wondering:

“But Rayner, there are thousands of books available. Which are the best trading books to read?”

Well, I’ve got you covered because I’ve personally read more than 200 trading books and these are my top recommendations.

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