What I Learned From Making $172,083 In A Month From Day Trading
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- เผยแพร่เมื่อ 28 ก.ย. 2024
- #daytrading #stockmarket #stocktrading
In this video I talk about some of the things I've learned from making $172,083 a month as a day trader. I made a little over $2 Million in 2020 (Full video here with proof --- • My 2020 Day Trading Ea... )
I wanted to give some insight to all upcoming traders and even traders that have some trading experience under their belt. Day trading is a very difficult career. I have been trading stocks and options for 7+ years and this has been my biggest year so far!
Instagram: / umarashraf
Trading Instagram: / umarashraftrades
Twitter: / umarashraf
Stock Market Lab Instagram: / stockmarketlab
*DISCLAIMER* I am not a financial advisor and anything that I say on this TH-cam channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#trading #daytrading #stocktrading
Excited for 2021!! Will be posting a lot of trading content here! Let me know more of what you guys would like to see?? -- Also if you're not subscribed hit the subscribe button and turn your post notifications on!!
More trade breakdowns !! Love your option scalping skills. 🎯🔥
Options scalping strategy- how to draw your chart lines for support and resistance and how to scale in scale out. Thank you!
please do more videos on break outs
I would like to see live trading please, if you can actually trade that is. You advertise $1600 wins but also have $350k losses, anyone with a working brain knows you are a fraud
Really appreciate how you explaining a successful trader's mentality.
The "pie and steak" example was an excellent lesson!✨💯 Much love
Yo this guy tho. This is what you call value
Being aware of when I’m forcing things to happen is huge. I come from corporate America so I’m used to making a consistent paycheck. And trying to find that same biweekly direct deposit in trading usually leads me down a painful path. Great video.
very informative and love how u explain things plain and easy
You have mentioned every mistake I made as a new trader. The thing is they should happen because otherwise you do not listen to anyone but yourself and think you know it all but market humbles you...
Maybe you need a simulator first?
Subbed & Notif Bell.
Took me 4 years to learn my lesson. Starting off trading Volatility was a horrrrrriiiiiiibbbbbllllllleee idea.
Took me 4 years to learn that I'm a technical/momentum equities trader.
I've 39+% my portfolio in the last 3 months. I'm very strict on my entries, & very little leeway once the trade starts going against my strategy before I cut it loose.
My goal for 2021 is to continue my current progress and adjust my strategies with the market as needed.
I really appreciate the update we are getting from you on crypto. For me this is the best time to invest as the market is low
Greetings, I've seen positive reviews of this woman for about the fourth time now, I think I'll have to give it a try.
@ Ms Avstand SCAMMMMMM
One of the far better trading videos I have yet to encounter. I'm on my second month of trading. 1st month...made 24K on a paper trading account. This month...up 5k...just lost it all yesterday. Really depressing. I need to downsize and work on the process. Sometimes you just need to hear what you already know. I needed this video. I appreciate it and you taking the time Umar.
Big Up man!!! So valuable! Lifting up after a big hit
Umar, can you give a tour of Ashraf Capital? Would be awesome to see the entire layout/setup of the place!
@@ruthgrover2302 Go away.
@@NickWright wtf this is the real Nick 😂
@@ruthgrover2302 scammer
@@ruthgrover2302 can u ask him to help me
Great pointers! 🇬🇧
The market is like the weather - some days you'll get sunshine, other days you get rain, or clouds, or snow. It's different everyday.
what a timing to see this since i recently got familiar with my own setup
Crypto currency investment is here to stay especially the asset bitcoin if you can’t see that at this point its time you learnt more about it
Accurately spoken, this is the best thing I’ve heard in a while. You’ve got my point
You have to understand that crypto trading is not magic, the best way to make lucrative trades is to work with a pro
You’re right man. Though I learnt that the hard way
I lost over $15000 when I started trading before I finally heeded to advice and contacted an expert trades for me now
Something similar happened to me but I didn’t lose money. I traded with nothing to show for it until I contacted a pro who trades for me and returns profits
One of the most honest trading video I have seen. I've gone through all the trials and tribulations you have mentioned. I hope all the new traders watching this videos learn early. And not go through all the headaches that we've gone through. Lol!
I have to agree with your hundred percent I am new to trading and as of right now I just want to learn the game ,so I could be successful at it ,it’s all about learning ,I don’t care how much about making $100 K $200 K $300 K right now, I just want to learn the trade so I can be successful at it and I agree with everything that you said ! And you’re being very honest about it too, because I found out that most of the time people who gets into this business really care about is making money and most of the time they don’t last long I want to be around for a long time and make money, but right now it’s a learning process to me, and whatever it takes I want to make sure that I learned the trade and learn it very well ,I love your videos I’ve been watching you now for the last three days! Thank You ! Thank You !
If you want to become a millionaire this year, stop watching youtube videos and seek proper financial guidance from a licensed professional more so one with experience of the past bear markets.
My highest impact as an investor after few losses was when i started looking more critically on how professionals manage risk over generations, not seeking the instant gratification of a temporary dopamine kick
I retired at 48 due to my broker's success with my investments and on my way to FINANCIAL FREEDOM. now I'm ready to venture into the stock market fully in 2021. I have made over $350,000 in an initial investment of $90,000 portfolio in less than 5 months despite all the rumours of a market crash.
@@hermandavid6813
Can’t wait to be at this point 🙏🏻 I have been doing things myself and im not happy with my portfolio, so what strategy and pattern did you apply in order to start making consistent profit from your investment?
@@petronapinanunez8318
As an investor in her options, you typically access through other mutual funds to diversify your portfolios, potentially limit volatility during falling market environments or add an investment with the potential to generate positive returns in both rising and falling markets. I copy her trades on my own trading account and at the end of the month I give her a percentage as agreed upon while i get increased exposure on how she navigates the market
@@hermandavid6813
tbh I have made quite a stride investing on my own but I am aware of the benefits of consulting with a professional but haven't found one that knows what he is doing. how do i reach out for your adviser's guidance and how much is her fee?
Thanks Umar, I do feel like you are talking about me!! I was doing really good until my ego get the best of me and blew up my account from 506k to the lower 380k.It was very painful lesson and my mistake were risks management, positions, sizing, emotions, revenging trade ,greedy and ignoring stop loss application. I took a break for while and came back after cool off and now I am trying to break even my losses. They were mistakes worthy learning and taught me a great and hard lesson on how to apply disciplines when trading,
Amazing work you do here almost on a daily... looking to invest as we speak. Any trusted trader will be welcome.
I’ve always works with William Mason, and he’s always worked for me..
From what I’ve seen that man works day and night, so why not him...
It’s not easy to find a man you can trust when it comes to your money.
Williams has an amazing trading strategy that helps me earn money on bitcoin investments, weekly!
I was able to pay all my debt from the profit i made trading with William Mason. He’s a good man.
15:40 Prime example of the daily mental tug-of-war between your own logic(aka your strategy) and your emotions for either an undisciplined, inexperienced trader or just a trader off his/her game that probably every trader has experienced at least once in their career. I still do this to a degree but I also am still new. I'm still learning the delicate art of not getting stopped out of a position before the stock does exactly what I expected it to do which is go up. It's like the market drops juuuuust low enough to hit your stop loss before hitting your target or continuing an uptrend. This is why your example at 15:40 is so on point (so is your pizza/steak example). Because of this one factor, I tend to do better with swing trades opposed to scapling or day trading. I'm way more comfortable with a swing trade being in the red for longer and more confident that it will hit my target/level by the end of the day or slighty longer. But in a day trade scenario, the longer it's in the red the less confident i get while in the trade. So yes yes yes EXPERIENCE is key. KNOWING YOURSELF is key. And definitely STICKING TO YOUR STRATEGY is key.
Yes sir!!! Good luck in 2021 man! Happy New year Jon!
I've always wanted to invest in forex/stock trading, after a few trials I realized that trading without a good mentor and guidance is a waste of time and money.
I have always wanted to expand my business but I could not do that because the cash was not forth coming as I had planned. Getting referred to Mr Andy Calistoga played a great role in that vision. Mr Andy is a great mentor and the best trader/Account manager on my list.
Honesty and trust means a lot to me that's why I still trade with Mr Andy. It's been 7months now and I haven't had reasons to doubt his competence. Traders/Account managers like him are hard to come by.
There has been a massive increase in my profit earnings, his platform is one of the best i have seen, i’m still banking on Mr Andy to make me more profits
(A n d y c a l i 9 2 4 @ y a h o o . c o m)
Watch out with that. Looks a bit fishy, all of those people talking so good about him. They might want to take your $
I started around my 19th birthday in may and have made 90% on my account since then, my biggest struggle is the pdt rule because I really wanna start day trading so my goal is to get to 25k this year and really go full force into the market
Use a cash account
My goal in 2021 is to start day trading. Learning the basic and building on that.
This video on a trader's mentality is far more valuable than any video on strategies and technical analysis.
Pizza Steak analogy was actually extremely helpful. Thanks man!
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Thanx Umar, the content you are providing is top notch. Really apreciated
Thanks for this video! good content for newer traders
Great video, thanks for sharing Man!!!
Love that you shared your experience and keep it real. Looking forward to more
Vids and learning from you
Do you have audited broker statements to backup your claims?
Spot on!
He just posted a video where he logged into TOS and showed his account number and PnL.
@@tradingarsenal9767 That's not what audited broker statements are..
@@ybe87 No shit, but imo that's enough proof to show it's prob not bullshit. Yeah, someone could fake it somehow, but they could also fake audited broker statements too, so take everything with a grain of salt...
I agree would love to see the audited statements bc it makes no sense to educate others if you make your own money
TALK, ALL TALK .... I WANT TO SEE IT LIVE !!!!
Your a good man Umar 🙏🏾
Amazing analytics as expected. Been wanting to invest. Been thinking bout ms what’s her name. If you guys have a trusted trader I’d be happy go follow up thanks
I was able to pay all my debt from the profit i made trading with William Mason. He’s a good man.
I really love his honesty, he doesn't promise miracles with his strategy and he is always straight forward.
I really love his honesty, he doesn't promise miracles with his strategy and he is always straight forward.
He’s quite a man. Just completed my first trade with him in one piece lol. He’s good at what he does...
his strategy is 100% legit and no one as ever complained about his signals.
I think discipline and having something else to do with yourself when the opportunity isn’t there don’t make dumb mistakes. Warren Buffet is quoted as saying just don’t lose money.
1. Thankyou for clearing up the “172k a month” topic I feel like that is a major topic that is easily misleading a lot of new people who are trying to get into trading and I feel like a lot of people use this as click bate and never clarify (not saying that you used this as click bait)
2. The pie and steak example is actually a really good example, obviously people who’ve been trading for a while really felt this one.
3. Thankyou for not just being honest but also being transparent.
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very nicely explain ...as same i went through specificly when we are indian market ...GOOD JOB ...
" focus on learning not on earning" things will start working
Steak, was a mistake. Thanks Umar, learned a lot and I still make mistakes after 10 months of consistently trading. Recap and practise is a key here
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THIS is why your are 1 of my 4 "YT stock teachers". Man, idk how many times I agreed with you in this video. Nice year btw! Thanks for the content/lessons/interviews/etc.
absolutely right. breaks are game changer.
W
Umar I love your videos man, last month I made 70k as an 18 year old!
Nice work! Amazing!!
How Amit? Which stocks?
Very good lesson Umar. You are a great teacher because of your experienced. GOD BLESS YOU.
Umar, just want to say thank you very much for sharing your experience!!! The most important message for me: "only focus in the proccess" forget everything else, thank you again 👍
We really appreciate your advice and transparency! I’ve been following you for the last year and a half and I hope you never stop! We’re always going to support you. Thank you Umar!
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Your videos would be better if you kept them shorter & were more relatable.
These are for entertainment only
my goal for this year is to learn as much as I can as a fairly new trader and grow my confidence as a trader because this is definitely my future. love all the content btw
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Not 172,084? Pff
Umar you don’t know how much you helped me dude! Thanks a lot man! 🙏🏾
SML FAM for life....lsgooooooooooooooooo
this man is legit and real more than the fact that u are breathing rn, go check his insta
& if u still disagree ...well u just a typical hater !
Nadeem!! Appreciate you fam!!!
@@UmarAshraf28 yea still waiting to see you trade live loser
@@yourbettingassistant7985 just because u are a loser doesn't mean u get to hate..go look in the mirror and be thankful for whatever is in u
..thats if there's any left!
@@nadeemdmaidi2152 Yes we losers get to hate, especially if your wealthy you can say what you want and not give AF
@@yourbettingassistant7985 u might have more money than me, but forsure I'm richer than you in value....(if u can't help..dont abuse )
Great advice!!! I have experienced almost all the things you mentionned in this video.
people will be kicking themselves in regrets in few weeks if they miss this opportunity of buying and investing in Bitcoin (Cryptocurrency)
Trading crypto currency(Bitcoin) is also a nice way to invest $ 1000 and change your life.
Bitcoin trading is a very lucrative way of making money
online now.
Really liked the video! Subscribed.
You refer to having an 'edge' in the video. Can you explain what you mean by that?
Great advise for ones thinking about trading great video
Thanks Umar ! Always nice to watch your vids
GREAT ADVICE
Wow you got my sub. This video really hit for me, thinking it was just another random video. Took a big hit last week, thought I knew a lot but got humbled by the market, had a lot of stuff going on my personal life which got me emotional too. Guess it’s one of many hiccups on the trader journey. Feel going now and regathering myself. Thanks a lot man!
A huge improvement I made in my trading was eliminating expectations, minimizing mistakes, and being patient. Sitting on your hands, is a real skill. Not trading for an entire day because your edge doesn’t show up in the market, is a real skill. I don’t NEED to make money today or tomorrow. I don’t NEED to trade today or tomorrow. I’ll trade whenever my edge decides to shows up in the market. This made a huge difference in my PnL.
100%!! Great video bro 👊
VERY good insight, thanks for sharing! Been at it for just over 2 years now. (Blew up account in first year) This December was my first real green month, and my first week of January is green... so far! The psychological effects are WAY more important than most traders think... it has been my sole focus for the last 8 months... and it's slowly paying off!! Thanks again man, real info is always appreciated. I really enjoyed the restaurant analogy too as I also own and operate a food business. ;)
Ok bro , hope there’s no challenge in your earning ?
@@umarashraf4220 Nah, playing safe since my blow up... slowly gaining but MY weakness is the typical fomo, which I am really addressing and working on. I have a micro account and will only add $ when my consistency is proven. Thanks for reaching out.. I rarely comment but your info was ‘spot on’ and rarely explained ‘simply’. Keep on keepin’ on buddy and stay green!
and will add that I only spend about 4hrs a day on trading... I also run a retail business which is waaayyy more profitable than trading... so far. 😉
From your perspective thou ok I will recommend you to my broker he will trade and earn on your helpful tell him I sent you
+.1.6.6.0.2.3.6.1.6.3.5
Thank you Professor Umar, you deserve a title of professor because you are sharing a lifetime experience with other traders. All what you said is True. I like your honestly and transparency. I think youtube should allow subscribing and liking multiple times a channel like yours. We really appreciate!.
@Claus Smith I am from Canada
Well this has proven to be useful and informative. Thanks and good job.
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Good one Umar, You pointed out all my mistakes that i have been repeating over time.. Really appreciate you for uploading the content
I will ad🅥ise you in🅥est in bit¢oin trading with Manager Kevin Ethan and earn huge profit with his strategies.
His a🅥ailability is on ωhatsapp
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Hey Umar Great Video, i was wondering if you have any content on what to do when you make big profits and have to deal with the Tax part of trading? Thank You
Just came across your video...loved your content and explanations; excellent way of describing situations and processes. Much appreciated.
Awesome advice, thank you very much. Glad I found your channel.
Amazing job in explaining why we should with one setup!
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Really good insight in this vid! Thx bro
Good vid
Thanks for the tips bud
Salam Umer, just subscribed your channel. Impressed, as you were talking sense with honesty. Every word you spoke, I felt it through my experience. Sometimes success comes late but every trade is an experience and even losses are assets for me.
Hey sir. Thank you for your wonderful videos. I would like to ask you a question, What broker are you using ? for options and stocks?
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You are a great mentor umar 🥂
Solid advice thanks!
Just going to keep doing what I have been doing: Working daily on my game! Will learn as much as possible 7 days a week.
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really appreciate you taking the time to put this content out bro. you are a an inspiration to us all
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I've been trading and investing since late 2017 early 2018 on a small account. In that time I've made 75% profit on the money that was deposited into the account. Keep in mind, small account. I was going to put a dollar amount in mind for as my wish to achieve goal for this year. After listening to your video, I'm going to stick with trying to keep to what I've been doing and not worrying about size of gains. Thanks!
Thank you
Well done and well explained Umar,I really enjoyed the video. 👍👍 my goal for this year is to get the contract with the prop company that i choose,i am still testing my strategy adjusted for their risk parameters,once testing is done if the results are within the limits i'll go for the evaluation. Thanks for sharing your experience with us,i really belive that for who is at the beggining of the journey is going to be super helpfull everything that you shared in this video. Keep up the good work and thank you👍👍👍
Ok I wouldn’t want you to loss much so I will employ the service of my broker mr nathan you will be guided better on diversification of your portfolio and earning
*Nathandavistrades gmaīl com*
Great content mate!
Awesome video, very informative! Really appreciate you sharing it
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This is a great video. I've only been trading for 3 months and I can totally relate to many things you talked about in this video. Sometimes you really do need to just find your own niche and cut out all the noise and focus on the patterns and opportunities that you personally see. Sometimes paying attention to what everyone else is doing messes you up. One example for me this past year was continually trading SPHB which I found success with but it's not something anyone else was trading or talking about but for me it worked and worked well.
I encourage that
Please put more advice on the TH-cam it’s easier to find you since I am just starting I’ll need your advice of course I’ve been listening to your other videos also
Umar
Do you have private discord or Twitter where you post your option trade?
No brother
Excellent video umar. When I trade my strategy I’m highly profitable. When I get divert from my strategy I tend to get crushed. I needed this reminder. Thanks
I will ad🅥ise you in🅥est in bit¢oin trading with Manager Kevin Ethan and earn huge profit with his strategies.
His a🅥ailability is on ωhatsapp
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Great points !! Thank you for being an inspiration.
This Is the way to be successful in trading this year 2022
Great information about trading
great mentor right here!
Thank you always learning from your videos 💪💪🚀🚀🙏
I would disagree because people need goals or a roadmap for a journey otherwise you will have no idea of what you need to do in order to achieve it and how will you know you are progressing or on the right track ?
If you want to be successful and be aiming for a particular lifestyle or income bracket then great. You will now have a desire to keep going until you get it.
Like a donkey and a carrot on a stick. Motivation
Thank you Umar 🙏🏻
Always welcome
Ok Contact my broker you will be guided better on diversification of your portfolio and earning tell him I sent you
*Nathandavistrades g.m.a.ī.l c.o.m*
+.1.6.6.0.2.3.6.1.6.3.5
Thanks for being real. New wealth is a fluke and the exception, not the rule. Enjoy the journey...ok thanks.
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can you make a video where you clearly explain the difference between stooks and options, please?
Thanks Umar
Great video
wish i would have found you day 1 of trading
It’s a nice content. Love it.
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Thank you Ashraf.
I will ad🅥ise you in🅥est in bit¢oin trading with Manager Kevin Ethan and earn huge profit with his strategies..
His a🅥ailability is on ωhatsapp.
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This video speak volumes to me in sooo many ways!
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You speak many truths in this video. Thank you for your honesty. I wish I had this mindset when I started trading, I would have saved MANY blown up accounts.