How I Recover From Trading Losses | Step by Step (2024)
ฝัง
- เผยแพร่เมื่อ 3 มิ.ย. 2024
- #trading #daytrading #tradingpsychology
In this video I talk about how I deal with and recover from trading losses.
I use TradeZella to track and journal my trades.
www.tradezella.com/?via=umar
Follow my socials:
Instagram - / umarashraf
Twitter - / umarashraf
0:00 Intro
0:49 Good Losing vs Bad Losing
3:23 How Do We Become Good at Losing?
5:51 How I Deal with Trading Losses
7:59 Ask Yourself These Questions
10:00 Outro
How do you deal with trading losses? Comment down and let me know what you struggle with when it comes to taking losses.
Sir hindi video bhi baniye ❤❤❤❤
Asslamualaykum bhai
Alot of things...loss of 30% my account but...
I breakdown my trades and journal it by writing, i identify my mistakes too and try not do the same in next trades..new mistakes with my calculated loss is always welcome, i love the losses with good lessons than a bigprofit😅..this mindset is came from u my brother 🙏 lots of luv from India 🇮🇳
My Bad Losses Is Earlier Entry And When My Stop loss Hit I do Overtrading After market Close I see my Trades And I feel very Regret Because Of my Bad Losses I try Last Six Months but I do same Mistake again And Again 😔 Good Thing Is this I Trade Only 1 Lot 😅
1. Risk Management
2. Mindset
3. Market
you holding yourself accountable at this level is admirable as well
I will one day meet Umar Ashraf and tell him how great his videos has help me and now I've also become a multi millionaire 😊❤
Never met someone more relateable. I hope to see you on that pathway!
Trading teaches me more about life than life itself. The game of chance and risk is basically life, and of course everyday can't always be a win, some days, weeks and months will be bad. Thank you for this video, it all depends on your mindset
Love from India 🇮🇳
❤ yes
Yes
He doesn't care bro
Also
These psychology videos are so valuable in a platform where everyone just wants to show TA and sell courses. Even if I don't trade like you, I appreciate the content and transparency, brother.
This is Psychology 101, exactly it needs to be taught thank you, Umar.
This just helped me out a lot, I had a losing day today, but I followed all of my rules and didn’t know what I should do. After watching this I reviewed my losses for the day and realized that while I was in profit, the market structure shifted and I stayed in too long until it stopped me out. I realized I need to work on being more objective while in trades instead of having a bias.
So much to unpack here! Thank you for this. It will take a lot of pain and thousands of losses to actually appreciate what you just said here. Thank you thank you thank you.
Bro, you are an amazing person...your teaching is outstanding..my trades were really on my game plan but ending loosing anyway. you give me the motivation to get up and reevaluate my losses.
Umar, this is one of the best videos you’re ever made. Today I had a ‘good’ bad trading day - I entered according to my plan but the market was disturbed by unknown variables and I hit my SL. Good thing is I only lost $70. Thank you for the good work you’re doing and inshallah you’ll succeed in life.
The reason you highlight the losses as well as wins is the main reason I consider you my favourite trader. Thanks for the nuggets.
I LOVE that way of looking at good losses: Business Expenses. I'm hanging on to that nugget.
You see eh, this kind of videos is more valuable than all these circular videos right now.... Great one bro ...keep it coming ❤
Damn this is such a high quality vid in such a short time. Bless
This is trading psychology master class ! Thank you Umar appreciate your work.
Thank you for this video I agree losing definitely hits triggers and being unprepared is big that one lost can either be brushed off easy or snow ball to something harsh
Youre amazing man , you keep it simple and easy to understand market sentiments , entry and exit points .
Thank you so much..... you literally saved my mental state
Glad I found your channel
Talk that Talk
Keeps me in game mode 💯
Your Channel has really improved my Trading thank you Umar
Thank you for sharing your experience and laying out key pointers as checklist that others can follow
Wow I really needed this. Thank you 🙏 🫡. Love from Jamaica 🇯🇲 ❤
Umar, thank you bro. Really great and helpful content.
So real. So helpful. God bless from Thailand ❤
I found you at the right time. Thank you.
trading psychology is helpful for me.
Thank you.
I needed this video and it came at the perfect time. because it was my bad losing day and It affected me badly and I was about to quit trading. Thanks Umar for inspiring and I will practice and will go as you said. amazing video
Thank you so much this is exactly what i needed to hear right now ❤
I always learn something new whenever I re-watch Umar's vidoes. You're a blessing to me Boss ❤
Wee all need this painful but healthy trading psihologi.
Thank you!!!
Keep making more videos about losing!! Love it!
W Umar
You the hero for this community
Thank you my man for lessons,as for bigger trader its a lot useful,dont stop doing this great job.all the best Traders all around the world.🙌👊
Losses are a part of learning. I’ve had pretty large losses and the biggest way to come out of that negative experience and thoughts comes from finding out how it all went wrong and reevaluating my level of risk.
Agreed. Losses are apart of the game, but not massive losses. Losses that are well defined and MANAGEABLE are okay, anything outside of that isnt good.
Fantastic video thank you
Completely honest... you are the platform´s best source of investment education.
So good Bro bro thank you for this ☝🏽
This is a very powerful stuff. No much people is talking about this.
Excellent. Thank you very much.
Great video, thank you!
I love your mental shift, I will love to adapt this with my trading strategy,
Thank you @Ashraf
Amazing video, thanks very much Umar !!!
Thank you for the video my man!
Great stuff here Umar ty. Got to be aware of the bad winners also!
You are exactly right there, unexpected things happen.
Hey bro thanks for your videos!
i needed this perspective... to resurface..bcuz for almost 4 weeks i was trading smoothly... daily making satisfactory profits and minimal losses few days... but yesterday i just lost all that profits that i earned in last 3-4 weeks... all because of the shattered psychology. initially i was only making loss of 20% of total loss i actually lost yesterday... all bcuz of not letting go.. no stepping back and stubbornly overtrading as well big lot sizes. this all messed my mental algorithm and flow that i built in last few weeks.
What a Real Trader 👍🏻👍🏻
THANKS UMAR FOR THE GREAT INSIGHT. YO THE KING OF TRADING PSYVH COZ EVERY TIME AM LOW IN THE MARKETS, I LOOK UPTO YO TH-cam CHANNEL
Hi Umar, I Thank you for building my trading Mindset
The only real trader on TH-cam..maybe there are more and I just haven’t seen them 😮
love it . A lot of respect
I made loss in profits yesterday and today I was in good profit but end up taking a loss was very disappointed of my self but after watching this video and reviewing my trades I feel like I have made profits such is class of umar thank u
Brilliant analysis of trading psychology
👏👏👏 bravo. I’ll rewatch this occasionally to remind me
i will watch this every morning thank you umar
need more videos on full breakdown of your trades and reason behind it in full depth
Thanks a lot Umar for this video, very helpful indeed as i was losing everyday so far. I wonder if you could make a video on different trading 'Set Ups' that you talk in your other videos?
Great video, it would really help my psychology
Your the most amazing person in this industry Walhi lots of respect
Thank you brother
Great session sir , it was really helpful
I lost 10,5 k and 90% of my account, and this video helped me at the moment. Thank you!
i didnt take this seriously until now and i have noted i do repeat the same mistakes oftenly which results to BAD losses.A mojor growth to me if i follow this advice.
Great video!
I love these type of video it re ground me when i lose and refocus me because i definitely over trade and and try to revenge trade
Thank you sir umar for this tips and video...very useful to me many loses and still breakeven
Great video clip! Thank you.
Hello Mr. Umar.
In case nobody has told you, YOU ARE THE MOST HONEST TRADER HERE AS A TH-camR!
And I have the utmost respect and appreciation for all your effort.
Keep up the good work 💯
are you sure with that?
Thank you sir for sharing your valuable experience.
everytime I see your videos I feel a bit more motivated and disciplined. And you being realistic about the dark side of trading is just "WOW".
Good video
Thanks for sharing
sometimes if I see small losses.. I will be happy because of warmup for the particular day to run and understand\keeping more eye chart\aggressive watch on momentum. Loss teaches me more lesseon.
Thank you for your words of wisdom sir
Thanks sir for your support
Love ur videos bro 😊❤love from India
Thank you sir Umar from Philippines🇵🇭🇵🇭🇵🇭 for keep us be decipline and better trader god bless
Thank you Umar sir❤🙌
Lesson well learnt
Accept good losses. thanks for sharing
Thanks, needed this video, been studying for around 3 years but it has been choppy, won’t give up tho
Much Love Bhai❤
Nice one and thanks . I also want to add, just like how you define a good loss and a bad loss, we must also define a good win and bad win. This will help us to avoid mistakes in the long run. If one wins in a trade which is not as per the game plan or strategy (by fluke) then it should be a bad win and this must also be avoided.
Hi ... Thanks for the acknowledgment. Learned a lot from your videos.
thanks bro.
I really needed this... Lost - 13k aswell..
Umar thank you
Thank you
Love from Atlanta
How I deal with trading losses? Eg- if I have 10000 dollar account I'll trade with 1000dollar a d trade with small quantity and Instead of focusing on money I'll focus on my system and build confidence. 👍🏻👍🏻👍🏻 Still a beginner making losses but controlling it.
You are true inspiration with value addition advisor on forex trading by far the most reasonable person in authentic way.
Good stuff 👍🏼
NOTED. Thank you sir 🫡
Hello Mr. Umar Ashraf, I've been watching your TH-cam channel recently, and I think you're an amazing person. Your trading experiences are excellent, especially the video on "Recovering From Trading Losses." I have a small request: Could you please make a video explaining the Trailing Stop method? It's a smart way to stay safe while trading, helping you protect your profits and avoid significant losses. I'd love to learn about its pros and cons and how it actually works. Thank you for your videos, and may you be blessed.
GREAT VIDEO THANK YOU
Thank you so much mann😘🤘🏻
Thanks for info 👍
Very Strong point Umer Brother love you from Pakistan thanks for telling us more knowledge about Trading ❤❤❤❤ Love from Pakistan
👏
All good advice
I follow every "rule" you named and I have made every mistake that stated
My biggest losses come when I try to get Ahead of the market instead of going With the market
I lost money Not bc my projection was wrong, I lost bc I was right too far in advance 🤔