8 Trading Rules To Become Profitable in 2024...

แชร์
ฝัง
  • เผยแพร่เมื่อ 15 พ.ค. 2024
  • In this video, I am breaking down the 8 rules everyone should follow if they want to become a profitable day trader.
    I use TradeZella to track and journal my trades:
    www.tradezella.com/?via=umar
    Follow my socials:
    Instagram - / umarashraf
    Twitter - / umarashraf
    #daytrading #daytrader #trading

ความคิดเห็น • 757

  • @UmarAshraf28
    @UmarAshraf28  5 หลายเดือนก่อน +796

    Hope everyone watching this becomes super successful in 2024. 🙌

    • @_captain6696
      @_captain6696 5 หลายเดือนก่อน +12

      I’ll be back next year by this time

    • @GrowwithPriya0808
      @GrowwithPriya0808 5 หลายเดือนก่อน +5

      Thank you for your support
      I can definitely becomes successful in 2024❤❤❤❤

    • @memecat84
      @memecat84 5 หลายเดือนก่อน +1

      What you said in this video resonates so well with my errors... I keep fall back to my bad habits and emotional roller coasters. I need to watch your videos as if my success depends on each sentence.

    • @nasirahamed2321
      @nasirahamed2321 5 หลายเดือนก่อน +4

      In sha Allah I ‘’ll be back next year this time sir ❤️

    • @DrTRADE083
      @DrTRADE083 5 หลายเดือนก่อน

      I love this video ❤

  • @RitaMeyers-oc4le
    @RitaMeyers-oc4le 3 หลายเดือนก่อน +141

    Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.

    • @leonardblavatnik2690
      @leonardblavatnik2690 3 หลายเดือนก่อน

      Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.

    • @nicholaslinetti
      @nicholaslinetti 3 หลายเดือนก่อน

      You’re correct. Although, It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @nicholaslinetti
      @nicholaslinetti 3 หลายเดือนก่อน

      I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.

    • @mitchellerashica
      @mitchellerashica 3 หลายเดือนก่อน

      I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.

    • @nicholaslinetti
      @nicholaslinetti 3 หลายเดือนก่อน

      I consult with:-

  • @rodriguezolson4290
    @rodriguezolson4290 2 หลายเดือนก่อน +194

    Great content Umar, nice and informative video. I've been trading stocks with a broker for over a year now and I just hit the 700k milestone. I project to crack $2m by the end of this year 🤞🏻

    • @CarolJ.Sorenson
      @CarolJ.Sorenson 2 หลายเดือนก่อน +5

      It's always good to get financial planning from someone qualified. My FA, Ann Marie Celentano handles my trades and I've scaled from 150k to 935k within the past year.

    • @Meadley-ec8nz
      @Meadley-ec8nz 2 หลายเดือนก่อน +1

      I've searched the web for this lady you mentioned and I'm impressed. was able to leave her a message

  • @carmine_rosato
    @carmine_rosato 5 หลายเดือนก่อน +138

    RISK is the #1 component to trading! Great video Umar 🙏

  • @Faheem-Shah.
    @Faheem-Shah. 5 หลายเดือนก่อน +20

    2023 was a warmup
    2024 will be our year ( trading edition )

  • @jerrynovember
    @jerrynovember 4 หลายเดือนก่อน +27

    I like when you said have a strategy that’s 40-50 percent. This shows there’s no strategy that has a win rate of 80-90 percent!! You’re very realistic 👏🏽🔥

  • @ArmyJedi22
    @ArmyJedi22 4 หลายเดือนก่อน +13

    Very accurate. Especially the part about staying in your own lane with your own discovery of YOUR edge, and not consuming so much bs info out there.

  • @Gabriell900
    @Gabriell900 4 หลายเดือนก่อน +7

    2024 is my year that's for sure. I will come back for this comment on September first, 2024!📈📌

  • @ChristFollower1111
    @ChristFollower1111 3 หลายเดือนก่อน +3

    I haven’t even started trading yet, but I’ve been devouring your videos and I’m sure they’ve already saved me mitigate or even avoid mistake before I start. THANK YOU!

  • @techchannel9436
    @techchannel9436 4 หลายเดือนก่อน +5

    finally I see someone who talks sense about trading. As you said other 99% social media is just bullshit. Can misguide and make you develope bad habits and create even more confusion.

  • @kaizzeart6659
    @kaizzeart6659 4 หลายเดือนก่อน +9

    I really love your content dude. You talk about the key fundamentals behind a successful trader and not stupid stuff like "the perfect strategy"
    Like to lose weight you focus on your mindset. Not the diet
    In trading your do the same and not focus on the wrong things

  • @brandomaydom416
    @brandomaydom416 5 หลายเดือนก่อน +2

    thanks for this vid man! been waiting for it!

  • @hritulnawale6213
    @hritulnawale6213 5 หลายเดือนก่อน +7

    Thank you so much Sir, this video opened my eyes to some areas I never thought they'll be so important. Thank you so much ❤❤❤

  • @828FX
    @828FX 5 หลายเดือนก่อน +13

    Very true, have been working on my system for 3 years. Trading is very difficult, you either give it your all or don't attempt it. You need to understand the market and yourself as well. Great Video👌

  • @Victoria-oq5yc
    @Victoria-oq5yc 5 หลายเดือนก่อน +6

    It is always a pleasure to listen to your content. Right on point !

  • @AbahAjie
    @AbahAjie 5 หลายเดือนก่อน +4

    Tq... After 3 years finally i found my edge.. 😅. I did not know why i did not see it early.. 😁

    • @Ramboxclusive
      @Ramboxclusive 2 หลายเดือนก่อน

      What is it..?

  • @juliusduzinskas7203
    @juliusduzinskas7203 5 หลายเดือนก่อน +2

    Man the 7 rule is golden, had multiple losses when was looking in social media it just messes with your head and you start dont listen to your strategy and do stupid things… keep it up best trading content from u 🎉

  • @hawker358
    @hawker358 5 หลายเดือนก่อน +5

    Great list. I would add one thought. Incorporate time frames to your trading plan and tracking. The market is a different animal at the open vs lunchtime. I have specific setups that I only use at certain times of the day. Cheers!

  • @IOJR17
    @IOJR17 5 หลายเดือนก่อน +5

    I just started dipping my toes into the trade and market world. I have only been doing this for a month and found this very informative. I’ve been focusing my learning on what people have been sharing as bad habits or disciplines. Definitely moving slowly and learning first. Thanks

  • @miwakeronix
    @miwakeronix 5 หลายเดือนก่อน +3

    I love these videos. No lie, I have watched the video “10 reason why you haven’t made money” at least 20 times to really get in my head and yes I will watch this and other one 100 more times!

  • @chiragjoshi2914
    @chiragjoshi2914 5 หลายเดือนก่อน +6

    My trading is switched to loss to profitable by your teaching video TQ so much sir

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉

  • @anukapraise9708
    @anukapraise9708 5 หลายเดือนก่อน +7

    This video provides valuable information. While I've watched numerous TH-cam videos on market trading. I haven't made much progress due to unclear instructions or stories of success that don't offer practical guidance. I want to avoid making mistakes by taking unnecessary risks.

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉🎉

  • @vishalte
    @vishalte 4 หลายเดือนก่อน +5

    I appreciate your being candid . You are one among the few who talks absolute sense and helps the beginners. Keep it up 👍🏻 🙏🏼

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉

  • @leopinero479
    @leopinero479 3 หลายเดือนก่อน

    Thank you for the info you share everyday. Keep up the good work.

  • @taijuanderer
    @taijuanderer 2 หลายเดือนก่อน

    Always watching your video bro. And I learned a lot. Thanks.❤

  • @freebird5170
    @freebird5170 4 หลายเดือนก่อน

    Good one bro! Keep them coming!❤❤❤

  • @gabbar_rj9996
    @gabbar_rj9996 4 หลายเดือนก่อน +2

    Love from India bro .... U r my super hero.. I learned lots of things from you. U are a real motivation for me.... No matter I am making losses but I am getting better day by day....one day I promise we sit together ❤️

  • @SamuelDauda_
    @SamuelDauda_ 5 หลายเดือนก่อน +3

    One of the most legit content providers on TH-cam. 🔥

  • @carlosV-uy4gg
    @carlosV-uy4gg 5 หลายเดือนก่อน

    Thank you for all the Video you share with us, I learned a lot from you

  • @underrated_metals
    @underrated_metals 5 หลายเดือนก่อน

    Awesome content.. Keep it coming. 💯

  • @AMANKUMAR-jt2hx
    @AMANKUMAR-jt2hx 5 หลายเดือนก่อน +1

    please make a playlist on orderflow , explaining delta , max min delta , exhaustion and absorption with examples
    that would be awesome !!

  • @kevinaugscholl5309
    @kevinaugscholl5309 22 วันที่ผ่านมา

    Thank you so much for this amazing video!

  • @Mathias13012
    @Mathias13012 5 หลายเดือนก่อน

    Always a pleasure to watch your videos :)

  • @user-uz3kn1ng2f
    @user-uz3kn1ng2f 4 หลายเดือนก่อน +3

    Hey Umar, could you show your settings for your imbalances in atlas? On which number do you have them? 400? And do you look for imbalances and absorption on the 1 min or 5 min chart? Could you make a video how your live trading, it would rlly help to we ur thought process and analysis process? Thank very much

  • @chewie1355
    @chewie1355 5 หลายเดือนก่อน +1

    8:00 You are speaking to me!!! Directly. 😮

  • @TownklerTrades
    @TownklerTrades 4 หลายเดือนก่อน +1

    I am getting back into trading and want to start a youtube channel to follow my progress.
    I absolutely love all your videos, and the fact you really understand the nitty gritty of how to express and communicate the right information.
    Do you have a disc or community where people can chat?

  • @walinaveedzafar123
    @walinaveedzafar123 หลายเดือนก่อน

    umar bro i consider you my mentor. thanks for helping us out

  • @TheStrataminor
    @TheStrataminor หลายเดือนก่อน +1

    Journaling turned me around as I finally faced up to the fact that I had problems to deal with my mindset, entries etc

  • @Zeeshu-56
    @Zeeshu-56 5 หลายเดือนก่อน +2

    Such a great video ever ❤. Thank you umar bhai.

  • @user-zq6kb1dh4m
    @user-zq6kb1dh4m 5 หลายเดือนก่อน +1

    Thanks brother!! Nice content once again❤❤

    • @Umar-AutoHelp-Bot
      @Umar-AutoHelp-Bot 5 หลายเดือนก่อน

      Thank you govin for the positive feedback 🤗! Please remember to leave a like on the video.

  • @eufemiavarona5435
    @eufemiavarona5435 5 หลายเดือนก่อน

    Thanks so much, Umar, this is truly a helpful video. God bless you and more power to you.

  • @bishnupokhrel15
    @bishnupokhrel15 4 หลายเดือนก่อน +1

    Hi Umar ,I love to watch all your contents which are immensely helpful for me as how should I approach the market. You said you will be coming up with a video as how to read DOM .Would appreciate if you could just take out time for that. Love from India .

  • @fariborzboss
    @fariborzboss 5 หลายเดือนก่อน +1

    I really appreciate your content. Thank you so much for your support. This video greatly resonated with me. 🙏😊

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

  • @catharinajohannavandebank5964
    @catharinajohannavandebank5964 4 หลายเดือนก่อน

    Good video, sometimes traders needs to hear this kind of teachings and not just how to trade to prepare themselves for the journey ahead.

  • @alexorozco2041
    @alexorozco2041 5 หลายเดือนก่อน +3

    Great video thank for sharing your thoughts and process we all appreciate you keep the videos coming 🙏💪 can you make a video on supply and demand

  • @MackMittenzTV
    @MackMittenzTV 5 หลายเดือนก่อน

    Umar is my guy! I appreciate you brother!

  • @terry4265
    @terry4265 5 หลายเดือนก่อน

    Thanks for these Videos. It's appreciated. :)

  • @rickysomething3786
    @rickysomething3786 4 หลายเดือนก่อน

    I appreciate your content and advice.

  • @AhmedFarislive
    @AhmedFarislive 5 หลายเดือนก่อน +1

    Amazing video today, i'm exactly in this level of trading journey that you mentioned today. I'm very thankful for you for every content that you present for us. every info that you give in the videos are highly important.

  • @blackdiamondoffthegrid8703
    @blackdiamondoffthegrid8703 4 หลายเดือนก่อน

    Thanks for sharing! Be humble everyday or get pummel by the market! Lets go 2024!

  • @chalknaht9032
    @chalknaht9032 หลายเดือนก่อน

    Man, why did i only see your channel today?! Followed. I Enjoyed the content, already watched 3 episodes in 1hr

  • @rachasree
    @rachasree 2 หลายเดือนก่อน

    I believe this is one of the best orientation on trading. Thank you Umar

  • @tomasgryczka5737
    @tomasgryczka5737 5 หลายเดือนก่อน

    Thank you for helping all off us

  • @Therealest65
    @Therealest65 5 หลายเดือนก่อน +1

    Great content and a good path to be profitable, and successful 👏👏👏

  • @SL-gd6rg
    @SL-gd6rg 5 หลายเดือนก่อน +3

    Bro your content is by far the most genuine on YT - I've come back to your videos time and time again throughout my trading journey and each time I learn something new! Thanks again for the content and all you do!

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉

  • @WalkingBankBone
    @WalkingBankBone 5 หลายเดือนก่อน

    I needed to hear this 🔥🔥🔥

  • @Diier_Ned
    @Diier_Ned 5 หลายเดือนก่อน

    This is GOLDEN well done sir.!!

  • @karenholt903
    @karenholt903 4 หลายเดือนก่อน

    Great video! Very helpful...thanks Umar.

  • @DrErikka
    @DrErikka 5 หลายเดือนก่อน

    Thabk you for your awesome content! Can you do a video in tradezella university on what platform you use to trade and how you set it up for stop losses? Or do you have that on other videos here? Thank you!

  • @yentlecap
    @yentlecap 5 หลายเดือนก่อน

    On point brotherman 🔥🔥

  • @buttonman1831
    @buttonman1831 3 หลายเดือนก่อน +2

    I think variance is an important thing to consider as well. Even if you have a solid trading plan, variance can really mess with your head and make you second guess yourself.

  • @adarshgmani
    @adarshgmani 5 หลายเดือนก่อน

    Thank you, I have watched as many videos of yours, question is beginner traders, should start where, stocks, options, futures(what future), maybe if you could please rate those in terms of risk management etc..sounding naive, but your assistance is greatly appreciated.

  • @kcwise55
    @kcwise55 5 หลายเดือนก่อน

    Your tracks are meditative also.... Good for focus!

  • @umapuma2136
    @umapuma2136 4 ชั่วโมงที่ผ่านมา

    This video is beneficial, thanks for the vid keep it up.

  • @inspirevoice
    @inspirevoice 4 หลายเดือนก่อน

    Hi umar, please make video on the subject "how to handle a lose and if we take loss should we trade again or just digest the loss and prepare for next day" looking forward to have it, love from 🇵🇰

  • @jesscassie1690
    @jesscassie1690 13 วันที่ผ่านมา +7

    THANKS. Just what I needed to watch. My husband and I are administrators of our farming business and our own properties, as well as small pensions. I am almost 56, my Wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 1 million bucks.

    • @Philip_873
      @Philip_873 13 วันที่ผ่านมา +1

      As with my big financial decision,it’s important to keep your guard up for economic risks.
      However, smart planning, time management and getting a professional trader can help keep you and your money safe.🎉

    • @johnathansteve6148
      @johnathansteve6148 10 วันที่ผ่านมา +2

      Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments

    • @johnathansteve6148
      @johnathansteve6148 10 วันที่ผ่านมา +3

      Whats'app

    • @johnathansteve6148
      @johnathansteve6148 10 วันที่ผ่านมา

      ┼ 1

    • @johnathansteve6148
      @johnathansteve6148 10 วันที่ผ่านมา +1

      33440.

  • @sdct27
    @sdct27 3 หลายเดือนก่อน +1

    Incredibly vital information, 100% agree on these points.
    Thankyou for inspiring and educating aspiring traders worldwide with this very important and vital information when it comes to becoming profit in 2024🎉

  • @tobykelley4888
    @tobykelley4888 3 หลายเดือนก่อน

    Great advice, thanks for the video!

  • @juricanekic001
    @juricanekic001 3 หลายเดือนก่อน

    brother u have most quality channel about trading.

  • @DasmSmash
    @DasmSmash 4 หลายเดือนก่อน

    This video is a very VERY helpful tool for our journey. Thanks Umar

  • @benheath4563
    @benheath4563 7 ชั่วโมงที่ผ่านมา

    This is sooooo legit! Master these and you’re half way there 🎉

  • @MMK-45
    @MMK-45 5 หลายเดือนก่อน +3

    Hey buddy. I'm curious do you ever do an actual live trading on TH-cam?

  • @dealsxpress3152
    @dealsxpress3152 4 หลายเดือนก่อน

    Thanks alot man ❤

  • @pauliusurinavicius1617
    @pauliusurinavicius1617 5 หลายเดือนก่อน +9

    Risk management is key, I must not fear risk when it comes to trading. I need to establish true consistentcy when it comes to my binary trading.

  • @rupindersingh2476
    @rupindersingh2476 5 หลายเดือนก่อน

    Thank you for valuable knowledge

  • @cami1sim
    @cami1sim 5 หลายเดือนก่อน

    Your videos are really nice!!

  • @sukhrajkhaira6267
    @sukhrajkhaira6267 5 หลายเดือนก่อน

    You are the only guy I can listen to all day

  • @kukmarley
    @kukmarley 4 หลายเดือนก่อน

    Thank you Umar! Wish you even more success in your already outstanding career!! Greetings from Cape Verde Island, Africa!

  • @harishjangid3528
    @harishjangid3528 5 หลายเดือนก่อน

    Thank you for your support and all the best for your future

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉

  • @user-uo8dq4jg7d
    @user-uo8dq4jg7d 5 หลายเดือนก่อน +1

    thank you so muhc umar bhai . such a pure knowledge sharing with us.

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉🎉

  • @juanmarvin8310
    @juanmarvin8310 3 วันที่ผ่านมา

    Thanks Umar. Im improving my trading with that

  • @prithvirajkajave5024
    @prithvirajkajave5024 3 หลายเดือนก่อน

    Your content is real🔥

  • @Thenarayanaclips
    @Thenarayanaclips 4 หลายเดือนก่อน

    Thank you friend for sharing your invaluable wisdom with us.

  • @Inatfromdenmark
    @Inatfromdenmark หลายเดือนก่อน

    Would be nice to see an e sample of “a plan”. Everything you say sound logically. But is there any way there could be some practical examples? Thanks for sharing❤

  • @englishglobally
    @englishglobally 5 หลายเดือนก่อน +5

    Hi Umar. i've been in my trading development journey for just about 3 months and your incredibly well explained and simplified tips plus experience advice has been a game changer for me . Thanks man. keep it coming.

    • @Daisy-Travel-Vlog
      @Daisy-Travel-Vlog 5 หลายเดือนก่อน

      ​Honestly he is definitely Among the best TH-camrs and traders out there that I know but even after saying in his videos that he would personally start helping out his subscribers with there personal trades, he his still yet to respond to me on his Instagram .

  • @stevenalfonso3178
    @stevenalfonso3178 3 หลายเดือนก่อน

    Could you do a video where you explain your journaling. Maybe give examples of why your journal the way you do and what parts you focus on the most. Appreciate the consideration

  • @Naamir03
    @Naamir03 5 หลายเดือนก่อน

    Thanks my Legend, Hope Every One to be Success full in this Journey, Love U All❤

  • @jroccondatrack0783
    @jroccondatrack0783 5 หลายเดือนก่อน

    Love bro 💯 🔥

  • @kcwise55
    @kcwise55 5 หลายเดือนก่อน

    Umar! make a playlist of your tracks for us to Trade to! They Fire

  • @manishtiwariUK
    @manishtiwariUK 4 หลายเดือนก่อน

    Superb.. Thanks for guidance.

  • @gunjita333
    @gunjita333 3 หลายเดือนก่อน

    Great video! Thank you❤

  • @delhiitesyashyash561
    @delhiitesyashyash561 5 หลายเดือนก่อน

    Thnx bro for all the help

  • @elishaaneng6959
    @elishaaneng6959 5 หลายเดือนก่อน +3

    Great Content.. Thanks Umar for always keeping it Real 💯. You changed my entire trading life once I started listening and following what you say..

  • @preciousmaterial8151
    @preciousmaterial8151 5 หลายเดือนก่อน +3

    I too much like this guy as one of the best, always making sense, keep it up Bro

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉🎉🎉

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉🎉🎉

  • @jnjanjua
    @jnjanjua 5 หลายเดือนก่อน

    Bulls eyes. No bullshit, no show off. Amazing stuff. Keep it up Umar

    • @officalumar010
      @officalumar010 4 หลายเดือนก่อน

      Get in touch 🎉🎉🎉

  • @piercarloscalamandre5204
    @piercarloscalamandre5204 5 หลายเดือนก่อน

    that's an amazing video! ty for sharing

  • @UnknownTrader369
    @UnknownTrader369 5 หลายเดือนก่อน

    Hi Ashraf, thanks for your efforts in educating all of us. Thanks for helping traders community. I trade in Indian Market, can I use tradezella for journaling my trades in Indian markets? Please answer.

  • @erkan4720
    @erkan4720 4 หลายเดือนก่อน

    Great video👏🏼👏🏼

  • @pradeepnegi8328
    @pradeepnegi8328 5 หลายเดือนก่อน

    Hi Umar i have been following you for quite a time and i also started journaling my trades but i don't knw how i m doing tht can you please show a snippet of your journal

  • @dilipchoudhary4192
    @dilipchoudhary4192 5 หลายเดือนก่อน

    Just watching You and Raja Sir I have Grown Nowww I have soo many Things fron you 2guysss Carzyy Growinggg Thank you for soo much learning.