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: 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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Reblog: 25 Powerful Trading Lessons From Jesse Livermore


jesse livermore

Born in 1877, Jesse Livermore is possibly the most famous trader in history.

He started trading at the age of 14 from bucket shops. His tape reading skill was so good that these bucket shops eventually didn’t want to do business with him.

At his peak in 1929, he was worth $100 million. Ultimately, he lost his entire fortune when he broke his trading rules.

The same trading rules which made him millions, caused him to lose everything when he lost control of himself.

Still, there are valuable lessons to be learned from Jesse Livermore’s trading experience.

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