How to Build a Profitable Trading Strategy in 2024 | Step by Step
ฝัง
- เผยแพร่เมื่อ 28 พ.ค. 2024
- I use TradeZella to track and journal my trades.
www.tradezella.com/?via=umar
In this video I breakdown my trading playbooks/ strategies. Hope you find It helpful :)
Follow my socials:
Instagram: / umarashraf
Twitter: / umarashraf
TIMESTAMPS
00:00 - Intro
1:10 - Trading background
2:31 - What is a Trading Playbook?
4:36 - Example of a Trading Playbook: Morning Top Reversal Setup
7:25 - Sample trade using the morning top reversal setup
13:20 - More setup examples
22:34 - Tagging your trade setups (on TradeZella)
27:20 - TradeZella Playbook Feature Walkthrough
29:43 - Logging missed trades
32:57 - Don't be biased in looking for setups
34:44 - Building a Playbook on TradeZella
38:50 - Outro/Summary
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.
#daytrading #trading #trader
I use www.TradeZella.com to build my playbook and track/ journal my trades!
Great work down, contact me, I m from Argentina, I wish talk to you. thanks
I am from india and i want to learn trading from you @UmarAshraf28
Hi umar. Pl make a detailed vedio on price action..❤
I been watching your videos. even the old ones. Its been helping a lot
hii i love your videos and i am a fan for a long time i almost ended with trading but then i saw you and you helped me understant that losses are part of the play so thanks for that and can i ask is there a wey to get tredazella for free?
If you guys enjoyed this webinar/ video, please give it a thumbs up! :)
Definitely would like you to go over strategies and setups.
Tons of VALUE! I really appreciate it! Can you do another one and run through all of your playbooks and examples of what those setups look like ?
Hey, is this platfrom available in india
Trade zella is free or paid
Really appreciate this!
I am making about $300 a week, after watching this I am motivated to make $500 a week! Thanks Umar!
Watching you has given me the insight that even pro trader like you guys also go through the same psychological problems, and it really gives me hope
All traders do at every single trade, its about how you manage/ deal with them that matters.
Hey Umar, thanks for taking the time to divulge your personal journey and insight into the markets with us, there's so much info out there its hard to decipher whats worth prioritizing and not ... The fact that you're out there winning the fight is a huge inspiration to all of us and it shows that it is in fact possible with patience and smart decision making, just subscribed and will be looking forward to more content on your page, keep em coming!
I just found you recently, you were mentioned by my mentor. I have to say I really appreciate the free learning you give here, and how transparent you are. You genuinely want to see other traders thrive! I am really grateful for your in depth insights, as I trade SPY but was missing a key piece, the footprint charts, to help me make even better 'educated guesses". And sharing your own mistakes and challenges really helps remind those of us who are still trying to find our way as traders, that even the successful ones have or had challenges. Thank you for sharing this valuable information!
This is so insightful, thank you for taking the time to put this together!
Thank you, found this video in perfect timing. Just going to start my day trading journey next week and was going to write my rules this weekend.
Phenomenal video cant wait for the follow up can’t thank you enough Umar 💙🙏🏼
This is fantastic stuff! Just found this video and now I’m really looking forward to diving into the rest in your channel
This guy is awesome, straight to the point, and educational.
So much knowledge. Thank you. It would be nice to see and hear the way that you think when before and during a trade.
as always so much value, thank you Umar
Thank you so much man! I appreciate you taking the time to help everyone out.
Thanks Umar! Catching up on all your videos to get your perspective on the trades/market. Thanks again for your transparency!
Thank you Umar! Helped a lot seeing your options choices to buy
This was great and helpful. Thanks. Really help to see examples of strategies and what u think to take a trade etc
Appreciate you hosting this webinar! I hope you do another one this weekend :)
Thanks Umar. Just getting into this and these are so helpful!
Really great video for every trader. Thank you!!
I want to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, i'm open to ideas...
how can i reach this your coach?
Thanks, I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Thank u alot……. I wish some futures traders give such informative webinars, you are a generous person…unfortunatly i dont trade stocks or options, only futures
Umar, happy to see your posts again. Funny fact I still hear your words in mind after 2 years now. your content is gold and your tips are valuable to developing traders. Umar use to say:" just show up" Love that
Haha, appreciate your support! Hope your trading journey is going well :)
You're so humble Bro 👍
Hey Umar, I love your videos, I've learned a lot from them...thanks
Great video! I actually watched the full video unlike many other I don’t on TH-cam. Thank you for taking your time to fully explain the playbook feature on tradezella and give real examples. I was looking for somewhere to create my playbook and save it. I just found it. Thanks!
Thanks Umar great video and advice on building my playbook!
I love this!! Thanks a bunch!
This was very eye-opening for me. I thank you for taking the time to do it. I am looking forward to more webinars, and getting a copy of your playbook as well.
Fantastic Video , Such a Valuable Gem and Such a good person !
Best trading videos. Helps so much.
I LOVE YOU BUDDY, YOUR VIDEOS HAVE BEEN HELPING ME SOOOOO MUCH!!!
Thank you for posting, anymore webinars would be greatly appreciated
Will be doing a few more of these soon :)
Thank you so much for sharing Umar. So much value here - love to see more about how you identify supply and demand zones. Thank you again for your generosity !
Very well explained 🙏👍
Amazing video. Just started my trading journey and massively appreciate these videos.
Thanks!🙏
This video is very good Umar, incredible those profit and losses.
Awesome Stream and explanation! Totally agree on keeping journal and create trading rules to track. I stumbled through your stream and will look into TradeZella in detail.
Phenomenal work Ashraf bhai, deep respect and love from India!
Thank u umar for sharing that can you do more of these so as new trader we can take alot of advice
This is a gem. Thanks
A ton of value! Thank you Umar... Now that I'm subscribed, I'm looking forward to your next video.
I love the versatility of your trading platform. Could you please tell me if, you can move your stop loss on screen or do you have to modify the existing trade form? Also, does your platform have the ability for bracket orders? At the moment, I use MarketPro, (not really a daytrading platform) and I can only fill out a target or a stop loss but not both...
Umar excellent and honest presentation. Examples were very helpful. You missed out to tell on the time frame you traded, and also on the number of option contract. I guess you had several 100 contracts in which you made $77K and traded on 1 min SPY chart.
Thank You Umar very valuable.
thanks a lot and this app is insane no lie and very helpful and quick for journal our trade as i see
Umar, this great content. We love you honesty and transparency. Not only that but you surely have no interst into sharing these video. So thank also for you generosity
Thanks sir this great video. Really helpful and do appreciated. 👍👍👍
This exactly happens today in Spy and qqq. Awesome 👏
This was an amazing video! Thanks for this!
Excellent information, thanks so much
Excellently build,too thoughtfull on exactly how n what a traders need.waiting for Indian market asap
Thanks Ashraf, I have really gained tons of professional trading psychology from your videos, they are all really helpful, Thanks.
I like looking for a small gap up then a slight dip down to bounce off a strong area of support from the previous day, specifically off the 50 ema on the 1 minute for a bullish continuation.
Brother this is so helpful. I want all your knowledge
It's nice to see someone selling a product that actively helps traders, with relevant statistics such as R. Proven, long term results, and encouraging accountability. I'm based in the UK and curious what a reasonable amount of capital would be to start trading? You're the only trader I see who refers to having a playbook, and it's good to hear some unique and powerful advice.
This video is GOLD. Even when I watched this sharing on Year 2024!
This is gold Umar. Ty!
So much value in this video, thanks Umar
Value as always, I was looking for something like this. Great idea as for me, my trades are written down but a visual update would be next level, and the groups that can be created to follow and check off your rules is an amazing idea.
good informative vid, thank you
are there videos where u discuss each of the strategies in your playbook? this would be awesome to understand and try to add to my arsenal. Thanks a lot !
thank so much
form provide valuable contant for us
Umar thanks and you are great man
Great vid🔥
Great video
❤ Very thorough!
Great videos i find them really helpful and pleasant.I would like to know if you use any indicators to assisst you on your trades.
Great stuff!!
Great content !! I am trying to be profitable and this helps. I'm very close now. Good vibes man
Hey guy, nice work!
Great video dissecting trades, Can you make more detailed videos like this in the future please? thank you
Will do, thank you for the support :)
thank so much for all your support
I appreciate you, thank you.
appreciated very valuable thanks
Thank you!
Thank you Umar very very helpful video! Would you make a video on how to develop a strategy? Thanks a lot again man!
This is true, I trade us30, gold and Nas only at 12:30 am Australia time. At 12 I'm already ready at the front of the screen waiting for the 30 mins to close at12.30. once it close I mark the high n low of the 30mins and wait where the next candle will be closed so I can enter. It works great every time.
Thank you Umar
This is so good
this was fire for sure. Teaching style is on point!
Hey, Umar
Should present your first year of the journey till now.
That was amazing for your first two year performance out come and the latest one 2022 obviously also wasn't good.
So would you mind telling us what caused that nearly 85% down???
I know your style but still down get it how your position was snatched that bad, too.
THNX
Thanks!
tnx for sharing mate, nice to see a real trader amongs the shit we have here :)
very valuable
It was amazing! Thank you so much 🙏
Thank you ❤
thx mate awesome content I use TZ and love it cheers
Informative
100% so much value in this video. After tradezella and your videos I have had so many improvements
I like you lessons, bro. Do more
Thanks for doing this Umar 💪
well done sir great job
Very valuable information, as always Umar. Thank you!
Great video, Wondering what broker do you use ?
Thanks Umar, we would appreciate if you could walk us through how u execute options trades, step by step?
super good and helpful thank you man would love to see your other playbook setup like your morning drive play.
Thanks Umar, looking forward to seeing your playbooks shared to our/my tradezella subscription soon! Appreciate you
Great presentation. I am typically a spread trader but when you enter a trade how do you know to when to exit or do you just watch and reverse the trade? How do I know when you have generated a new lesson?
Hi Umar - this was an excellent video, extremely helpful and it was great to see examples of how you use the playbook functionality. Thank you!
Just curious: is there a reason that given your typical position size you choose to trade SPY over SPX?
the wide spreads on SPX are too much for me to mentally take on, its more about preference for me (so not saying SPY is better or vice versa). I can't take on $2-$4 spreads especially if the trade goes against me
@@UmarAshraf28 Noted... It made me clear not to trade on wide spreads cause it may affect your mentality and also it is clear now why I was afraid while taking trades on real account on currencies which had wide spreads.
Great video 22:27