6 Things I Stopped Doing To Become A Profitable Trader
ฝัง
- เผยแพร่เมื่อ 15 พ.ค. 2024
- These are the 6 things I stopped doing that allowed me to become a profitable trader.
I use TradeZella to track and journal my trades.
www.tradezella.com/?via=umar
Follow my socials:
Instagram - / umarashraf
Twitter - / umarashraf
0:00 Intro
0:29 Trade without Profit Fixation
1:47 Avoid Strategy Hopping
2:50 Avoid Chasing Tops & Bottoms
4:11 Big Home Run Trades & Yolo Trades
5:59 Don't Set Strict Profit Goals
7:16 Avoid Blindly Following People's Alerts
9:17 Outro
#daytrading #daytrader #trading
Give this a thumbs up if you found value :) Also let me know what new topics to cover. Next videos coming out will be on, Supply & Demand, Order Flow, my setups and so on.
Sir please make video on --> Future of trading industry and how it transforming.
many many thanks brother👌👌👌👌👌👌
prop firms vs private funds
Ur setup we need sir
Share us your edge
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Well said
Couldn’t agree more!
This guy is the real deal. Iv been educated and successfully trading full time for a while now and I can confirm he speaks facts. For any new traders looking to learn, this is a safe channel to follow 👍
nothing against education part but does he call out his trades entry and exit?
@@Oren0614 idk but it’s better to take your own trades than follow someone. Usually the followers are too late by the time they hear about it and end up taking a late entry.
@@Oren0614You want him to share his strategy? It's not even about that after some point. The strategy(ies) matter but It's more mental than anything else.
@totallysick88able do you have any wisdom to share yourself? I'm just getting into trading and would love to have a role model to learn from. :)
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
❤
Great advice. Hard for newbys to appreciate the wisdom in what you said. Good job!
Honestly, these videos are so important, it just helps to focus on whats important
i think the most important topic is: when and why you personally open and close a position, citing a specific example of a trade of yours, and even better a complete course
Hi Umar, thank you so much for this video. I got a lot of things to work on now but thank you for bringing these things to light 🙏
I used to buy the Alert Services from different companies so that I can learn thier Trade ,thier strategies, thier enter, thier exit, thier cut loss and , after 3 years I m now cofident to trade by myself with alittle bit profit but i am keep improving every week.
High quality video, the editing and advice is off the charts!
I just saw your channel. You are doing so much to form our mindset as beginners. Thank You soo
much
Just stumbled over your channel, this is such great authentic content.
Quality of the video is crazy good, love the insight and value as usual. Thank you brotha.
Absolutely Brilliant analysis
thank you my friend for this great advice,GOD BLESS YOU...hopefully next topic is about PRICE AND VOLUME anomaly ty
Love the message. Thanks!
I follow all yours except mony flow concept. But still i am making hansome money monthly basis.. Thx mate. You are one of the real trader. Tnx watching you from germany. 👍👍👍👍
Thank you for your support and all the best for your future
Always imparting us with an ocean of knowledge. Thank you!
Umar!! You straight forward honest!!! Good mentor
Thank you, it is making so much sense. I am grateful to be a trader.
Great video man, thanks for making this.
Thanks man! Really great content..
What a golden advice and it's genuine! Thanks bro!
GEMS!! implementing these to start the new week. 📈📈
thank you so much for your suggestions 6 thing to stopped doing to become A profitable trader 🥰
amazing bro your videos are a great help I'm from uk and been on this journey for 3 years and Alhamdulillah I'm starting to dip my toe in the markets now.
your awesome keep up the good work
This is a Real Trader sharing experience !!! 1 in 100 hundred to Find youtube channel like this !!!!! APPRECIATE ASHRAF
Thank you, Umar for sharing this video. I will surely apply this next week on my trading plan. God speed!
Best mentor i 've ever watched. Thanks man you are helping a lot!!
The background music you have is what I always listen before taking a single trade ;)
1. Calculating profits bfo the trade is closed…. Cutting the risk out n looking to profits recklessly
2. Strategy hoping, from one to the other, instead of analyzing their mistake n correcting it
3. Trying to catch tops and bottoms religiously
4. Setting profit goals (difficult in trading, opportunities are not consistent, take what the market gives you)
5. Following peoples signals instead of learning to trade for yourself
Great video best one so far, I also enjoy your shorts on risk management and things to be aware of as a trader. I appreciate the effort you put into your channel. It seems like you have a lot of experience would you consider doing a video or short on how you separate your life from trading?? I find myself studying a lot and don’t know when to turn it off .
Excellent video. This is what I needed brother Barak Allah o fik
Valuable lessons. Thanks Umar.
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..
That's awesome
Which source/platform did you use to earn such huge sum of money?
As I know it's possible, I'd appreciate it if you showed me how to do it.
It was with the help of Cassandra Roberts i am who i am today
I know I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Cassandra Roberts
appreciate this video!
Production quality just went up a notch. As if it wasn’t high enough already🔥 amazing video once again bro
Valuable information brother 👍
priceless content, all my doubts and thoughts were confirmed. Tnx! What do you think about people predicting markets and then changing their narrative, talking about experienced traders in telegrams and discord
Hi Umar your Videos are very helpful and btw which Programm do you use for your footprint charts?
Value value value.. The only channel I follow for trading advice
1st view from Karnataka (India)
2nd huh ..!!
From Bihar 😌
Im also from Karnataka bro❤
Karnataka🔥🔥
You are trading forex or stocks?
Respect for you Sir!
Yes sir...
You are right and I will use your word of wiseness ❤️❤️❤️
Bro… you are life changing ❤️
Thanks alot for the info 📝
Thanks for this, Umar.
Love the hair. 👊
You are so in tune with trader thinking
Informative video!💯
Really helpful video!
Thank you brother 🙏🏽🤜🏾🔥
thank you for all these amazing contents
Just saw the short let’s get it💪
Thanks for sharing
Good stuff brother
So Real! So Educative! Thank you
The best is yet to come
#SKILLEDJANUARY
The robin hood of trading💎💎💎 Institutional level trader helping the small guy❤️❤️❤️
This helped a lot. Thanks.
beautiful, thank you.
This is like putting the thing who h has happened a lot of time, exact situation, exact mindset, exact biases. The time we allow bad habits it really fractures the whole ecosystem around you, edge, risk management everything.
Excellent videos yes lots of common sense money making value thanks
Hello sir, it is awesome. Thank you for such informational videos. Sir I have some questions would you please clarify? I have great interest in it but these things are stoping me.
how much amount is sufficient to start trading as a beginner because good stocks are expensive and with fewer stocks we can't earn a decent profit
- with decent knowledge, what is the monthly earning of a trader ( not talking about export )
- I heard big traders manipulate the market, if it is true then we can't make a decent profit ever, even after taking the correct trade, is it true?
- why do 99% of traders fail despite having the correct knowledge, there must be some big reason behind failures. I have seen some exports lose heavy amounts and they stop trading, any big reason?
- what is the everyday life of a trader, asking about learning and study ( as a professional trader how is your everyday story )
- which type of trading you are doing ( I am confused about what to take )
Please tell 🙏🙏🙏🙏🙏
Needed this!
Thank you Umar for these advises that you have been me. coz of you I'm becoming a profitable trader
Congratulations for 500k🎉🎉🎉
Totally agree with 2nd point. Earlier my strategy was not working so instead of finding the fault in my trading and analysing myself… i shifted to another strategy and that was a big mistake… after analysing my own previous strategy i am able to make good trade…
you the man brother thank for all the information and help to trading community, god bless you
Thank you sir you changed my point of view on trading
Bro changed my trading to the next level thank you I appreciate Umar 🙏🏽🙏🏽
Your correct I did the all the mistakes and now I am profitable 🎉
Thank you sir 🙏🏾
Thank you so much Umar !!!
Thank you Umar sir.
Trully appreciate the content! Umar
Thank you Umar
thankyou umar. you have helped me alot with taming my emotions and bad habbits. im slightly autistic and have a special gift with numbers but i used to struggle alot with emotions and market manipulation. but with risk managment and entertaining the idea of your trade being wrong and measuring the opposite move and setting an appropriate stop loss based on the t/a has helped me improve my over all confidence and success in trading. thankyou legend keep up the amazing work
Avioding Chasing Tops and Bottoms hit home for me! I make profits but beat myself up for not holding it longer which destroy me with that next trade!
Always at post thanks Daddy ❤
Thanks for the head up Umar. I'm currently marathon watching 🏃 all yours video, hopefully gain plenty if not some good knowledge.
Salam from Malaysia 🇲🇾
Thanks!
Thank you sir🎉🎉
Brilliant!
Many many likes for this and for all
Of your contents! ❤
Ur trading pychology Is amazing bro 😊❤
Hi Umar i've been watching your videos and am glad you're really being honest
THIS IS GEMS 💎 🙌
Thank you for sharing the information. not bad for me who is a beginner and learning in the nfc community
Great content 🔥
Yea we here dude
Yeah, you talked about me with the tops and bottoms I keep getting taken out by pullback rejection candles by the tiniest bit only to watch it go in the direction anticipated. 😢
Waqar Asim mentioned you in his videos and i had to look for your channel. Well i will confess, you're a gem
Thanks so much for these Videos. Their Great. :)
That‘s Great. Thank you. 🎉
Amazing video brother 🙌 👏 ❤
Great learning 👍 brother, alot of love from India ❤
Thanks, great advice and reminder, because I have done all this
Impressed with your knowledge and what your share as a successful trader.
well done!