Our goal as traders is to stay alive and the one way we can do that is by MANAGING our risk! Please trade responsibly and make sure you dont oversize or put on massive risk!
Each day it's like i will die today suffering from harrasment blackmailing tons of calls everyday everything is out of my hand please understand that my situation is worst i don't have a choice but have a fire in my self please request you please support
A true trader will get to know that without support he can't live if you where in my situation and I was in your situation i was helping how much I can bcz I feel the pain going through
I am in a difficulties situation i am hard time in financial my debt is $16500 monthly interest is 3.5% on over due amount it's been 3 months i am not able to pay my debt charges are adding up getting tons of calls harrasment blackmailing everyday everyday it's like today is my last day that much pressure is near my neck I need funds around $7000 to $8000 so can get some time and fix my debt I need one chance it's been 9 months handling this now it's like everything is out of hand without support I couldn't I am 23 years old failure happen from everyone but we do lean many things I know what i have done i have releasized i leant from it i know now how to fix my debt but i need support need one chance i don't have a choice
Have a fire in my self when I need support no one comes to support even u went in this phase what I am going through u can find easily fake and real u know that not everyone comes out from it. U have a power to give me a opportunity it's all Depends on you
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@@DavidAdeyemo-ur3wjpeople like to forget that when you lower your RR your win rate goes up as a byproduct. Of the 7 Ls that this guy took, 5 of them could have been winners along with the 3 he had if he took profits at 1:1 (hypothetical scenario to explain my point). Now his win rate is 80% so he should be up 6% after 10 trades risking 1%. RR vs win% all comes down to who you are and your strategy. For me personally I like higher RR trades based on market structure because I like when 1 win covers multiple losses. I have a friend that takes 1:1s bc he likes to win more often and his win rate is much higher than mine but both strategies work. RR is not everything like people try and make it seem, it depends on the person
Is it non sense? because I do the same 0.70 lot (100 pip SL) 300 pip TP. I won 3 trades this week a total of 900 pips . 0.70 + 300 pips = 210 , 420 , 630 I lost 5 trades 0.70 - 5($70) = 350 If you do the math 630-350=$280 I still have positive account sir . $280+ Hey I want you to win too!! just practice risk management when I didn’t use a SL my trading career was horrible .
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.
Thank you for your wonderful videos. I always watch your videos, I love how open minded you are about investing, I read an article of investors that made fortune within two months, so please I'd really love more tips and clues on how to outperform the market and make such gains.
For beginners, self-education is crucial; learn the basics of investing through online resources like books and courses. Diversify your portfolio across stocks and sectors to reduce risk, and research thoroughly before making investment decisions, Personally I do reach out to fiduciary for guidance, which was how I was able to grow my portfolio massively.
How can I participate in this? I sincerely aspire to establish a secure financial future and I'm eager to participate. Who is the fiduciary behind your success?
I usually go with registered representatives. Christopher David Pecktol for example has the best performance history (in my opinion) and does offers 1v1 consultation to his capitalists which I think is amazing.
I'm DCAing in Pbatesltd as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Nothing beats the involvement of an expert in any business, investment or trade, selfishness and greed held many back and they ended up suffering huge losses, and the crypto market- Currencies are no exception.
Luck is way off the picture. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $19k spread across stocks (options and futures) for the short term and Roth IRA, index funds, cryptocurrency and ETFs, for the long term. Now with over 91k in roi, I sit back and just reinvest at intervals while I handle my other businesses.
Beginners should listen 👂 to him clearly. He did not twist anything. He said as a beginner, you MUST stick to your plan and follow your risk management rules until you become profitable for a very long period of time, then you can decide to trade anyhow you want. As a beginner, don't focus on how to flip $10k to $1m within a year!!!
It's been quite a pump. But you know, with crypto, the big question is always when to take profits. What are your thoughts on that? I've been holding $250k worth of crypto since 2021 and seen it pump n dump
I've been keeping an eye on the charts, and it does look like a major breakout. The real challenge is predicting when this pump will end. Timing the market can be tricky.
Right, when it comes to situations like this, it's ideal to engage in various options using an advisor, and I can attest to success of the basket approach seeing my portfolio grow from $350k to almost $1m in barely 3 years, by far my best financial milestone.
found this channel a month or so ago and have been hooked digesting different past videos ever since. very clear, and very articulate in what he points out. keep 'em coming. thx for sharing!!
Pbatesltd is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
When you said "The trade needs to prove you wrong." WOW man the reason I exit early right there... I have found more insight and knowledge in this channel. Props my good man PROPS
This video is not going to have much views as it doesn't contain flashy things. But this video shows the core of successfully trading. Thank you brother. Love from India ❤
Brilliant, this is an amazing explanation on managing risk. Most who watch this will probably not realize how priceless this information is. Thank you, I can’t wait to try it out
His explanations really are always top notch He is definitely among the best RUclipsr and trader out there that I know, but I'm still yet to get a response after messaging him on his Instagram .
Mr Umar has said it More than a million times already that he is only very active on his verified Twitter & Telegam account for anything relating to Questions, Free trading Guidance and video suggestions. You teenagers just never seem to pay attention . 🤦🏽♀️
Yh I remember but I don't have a telegram account and I deleted My Twitter the day it was changed to X but I would install Telegram now , please what's his Telegram handle ?
thank you soo much senior.. The Goal of Trading is protecting capital and staying long in the business " I'm always implementing this and videos like yours keep me in track
Your videos are interesting ...., Scholars who study the stock market's historical performance estimate that over time. The bull market is about to start, hurry up to buy promising coins like Pepennedy or others.
How to believe in one's self... Just to even start to begin to learn.. we must have the baby steps very well defined. This schooling is just that. Take it easy.. let us all work our optionality.. to keep on survival mode until we can master the arts of autonomy. Thank you, Umar. You have parresía!
Watching at this video make me very happy because at the beginning of the year I ended up in the same conclusion while making my performance review and I realized my RRR it's the key missing for me to finally become profitable. I feel very proud of myself that I kept myself journaling for an entire year even though I was loosing money and I didn't give up. Thank you Umar for sharing useful information.
Great info but stock price/risk is easier to calculate than options…if using the stock chart with options for r/r then the calculation is skewed due to premium…may enter a contract at .90 risking .10 for a stop at .80 but .80 can hit prior to your stop level on the stock chart and that level can now be .70 so your risk is messed up
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤️
you know what your risk is on that $10K ? Almost certainly the whole $10K. If you have the mindset to follow "some people" & hope for the best ( which in most occasions means. "it will go up " ) then you probably are not disciplined enough to take a pre-set stop,( a loss ) because you have an expectation that "it will go up", or "it will come back". That's not trading. That's blind speculation. You are better off spending the $10K in Vegas.
I started watching your videos earlier last year as a beginner before giving stacks a trial and I've been able to scale from $2,000 to $18,900, I did get an advisor for supervision and accountability as you recommended Thanks.
Thank you for clarifying the distinction between the amount invested vs the amount risked. I remember having a small eureka moment when I noticed this when reading one of the books Umar mentioned, The New Trading for a Living. Appreciate you bringing this to greater attention given how easy it is to be confused about it.
Umar, you are the BEST, brother. Your educational videos are always phenomenal. I love them. Thank you for being honest and straightforward. More blessings.
I just want to say you i believe in myself that I am more capable than i have ever imagine I need one chance I need some funds ($8000) so I get some time to fix my debt whatever it's happens I will keep going on in life i really want to do something meaningful in life by
I wish you see me as in you I have a fire in myself but don't have a choice I want to do something in life i badly need your support it's an emergency please🙏i don't want to cry i don't want to give I want to fight please i releasized my mistake now i know what to do
don't have enough time my time is running out even in my last stage of my life even god give one chance to fix everything I know now what was my mistake and i have learnt now I know how to earn it back I need one chance I don't have a choice but have a fire in my self
Your support would mean the world to me, and it would be a beacon of light amidst the darkness that engulfs me. I will forever be grateful for your compassion and generosity
Thank you for being there Pbatesltd when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $25,000 weekly from my investment of $3,500 ..God bless PbatesLTD
You are lucky. If i have $10,000 that will change my life 😥. Nice bro..but i lose $5000 all my savings.. 😢 ..now hate my life and want to end this life 😢😢
Great video. I watch several youtube videos on how to trade in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
new trader here, love these vids this stuff is above my head. but after learning for two years starting to understand what your doing, would love to trade like this in my IRA I'll get there one day.
When stock picking, best to have a mentor who has a feel for sentiment and positioning of both institutional and individual investors. People like Munger and Buffet have good principles.
Right, my question then is where should I allocate more of my contribution from my paycheck to in my, Tbills and Bonds or stocks since the S & P has been a rollercoaster YTD?
.It is always good to have a bal-financial plan while seeking out alternatives as well. I work with a floor trader, professional planner and fixed-income strategist in NY, Monica. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
Great actually. I am one of many private clients under Monica, with private investing, hedging up against inflation I am up approx 500,000 in the past 10 months, 200 is ready to redeploy back into the equity and money markets in the ratio as rebalanced by Monica. You are welcome.
Thank you for these videos...im am learning so much and your taking my knowledge and skills deeper and helping me solidify my trading strategy and rules I follow
Honestly Ashraf, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
In my opinion (as a wealthy successful trader with decades of experience and countless thousands of trades under my belt), I believe that risking $9600 on that one trade is far too much risk to justify it. Anyway, I would suggest taking some of those market profits and getting MUCH better graphics for future videos. The current scratchy notes do not induce confidence in the mind of viewers. However, in the end, you are correct to plan trades based on awareness of risks.
ppl always says buy low and sell high...and that makes them use full margin risking all their money...theres no 100% guarantee...give breathing room and only loss what u can tolerate...i was buy high and still got profit, and now the high become low, market will not follow textbook 100% ...but what u can control is how much money u could loss
man i lower my risk to 1% from 25% and all ive been think about is this video, 1% would be easier to execute with if keep what I learned from this video in mind ty ash
Unless you have a crystal ball the only fact you can control is the risk you have on each trade there is no planning for risk reward ahead of any trade ..no one can tell what the reward would be until the trade is executed and the trade is complete
Thanks for creating great content. Can’t believe you are giving this education for free 🆓. Wish you all the best and have a bigger success going forward.some day you will be on CNBC 😊
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k 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
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
I have been trading for a long time. If I'm sure I'll make $1, I'd rather risk $100 than close at a loss. The main goal is not to lose money or to minimize the damage.
Stops can take most traders out depending what asset they are trading. Dow for instance most traders get whiped out daily seeing their stops hit multiple times. Deep topic. trade smaller than you want to. you can always add. I am a swing trader mainly so I walk away from my charts and my stops are far away from my entry i would say 80% of the time I come back with my limit order filled then on to the next trade
Today marks a milestone as my portfolio hits $257k. I'm immensely grateful for all the wisdom and valuable advice you've shared with me over the past months. Starting with just $12k in 2023, this journey has been nothing short of extraordinary.
What strategy do you use? for me trading has not been good to me every day I come to watch video's only see people appreciating how good they trading works
The $69,250 of two years ago buys about 20% less today, so Bitcoin at $69,230 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all this talk of a retrace? I don't want to buy the top.
I trade forex and there are EAs that will size your position automatically. You can tell it you want to risk, let’s say .25% of your account and then you position your stop loss on the chart and click buy or sell. I trade on the M1, so I have to be fast with the order. There’s no typing in trades, just drag and click.
OH GOD, THIS VIDEO WAS SO MUCH NEEDED FOR ME. I USE TO MAKE GOOD AMOUNT BUT WIPED OUT MANY TIMES AT THE END OF THE WEEK, NOW I WILL IMPROVE MY R THANX UMAR FOR THIS BEAUTIFUL VIDEO..
this video change my life 2 month ago, I see this video 3 times and for me is the best video about can be a good trader. thanks a lot Umar for this video
My advice to any new traders, is to learn this first. Risk to reward seems like such a basic concept. But no matter how good you are with your setup, know all the patterns, etc. without applying proper rr, it will be very hard to survive as a trader
Yup! Just search for risk reward calculator templates on google. I just used the first one, and stuck with it for years. It was a simple google sheet template
Hey @umar Big fan of yours and Tradezella User; one of the main hurdles that I am currently coming accross is capitalizing on Reward aspect; in other words, I am struggling to hold trades to at least a 2R; want to take profit prematurely. How can I navigate this?
Bro this video was so good I really needed this and omg the aesthetic is so clean keep up the amazing work big dawg ima get there and surpass you one day stay grinding
I just watch your video, and it so helpful for us traders who are weak in terms of risk management, just want to ask when you trade with 2 R, are you doing partial close and and breakeven to take some profit? In that case you will not achieve a 2r since not equal with the risk amount
![Twenty One Pilots - The Line (from Arcane Season 2) [Official Audio]](http://i.ytimg.com/vi/XCz7WUotXs8/mqdefault.jpg)
Our goal as traders is to stay alive and the one way we can do that is by MANAGING our risk! Please trade responsibly and make sure you dont oversize or put on massive risk!
What to do bro 😭 i am suffering a lot
Each day it's like i will die today suffering from harrasment blackmailing tons of calls everyday everything is out of my hand please understand that my situation is worst i don't have a choice but have a fire in my self please request you please support
A true trader will get to know that without support he can't live if you where in my situation and I was in your situation i was helping how much I can bcz I feel the pain going through
I am in a difficulties situation i am hard time in financial my debt is $16500 monthly interest is 3.5% on over due amount it's been 3 months i am not able to pay my debt charges are adding up getting tons of calls harrasment blackmailing everyday everyday it's like today is my last day that much pressure is near my neck I need funds around $7000 to $8000 so can get some time and fix my debt I need one chance it's been 9 months handling this now it's like everything is out of hand without support I couldn't I am 23 years old failure happen from everyone but we do lean many things I know what i have done i have releasized i leant from it i know now how to fix my debt but i need support need one chance i don't have a choice
Have a fire in my self when I need support no one comes to support even u went in this phase what I am going through u can find easily fake and real u know that not everyone comes out from it. U have a power to give me a opportunity it's all Depends on you
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Risk 1% first trade/after loss & risk 2% after every win...
& obviously reduce risk to 0.5% when in 4% drawdown....you'll always be up
Truth
Fix your risk =1R
Fix your Reward >1R
Your RRR will protect your account even if ur WinRate
Nonsense
@@marioarguello6989how so ?
@@DavidAdeyemo-ur3wjpeople like to forget that when you lower your RR your win rate goes up as a byproduct. Of the 7 Ls that this guy took, 5 of them could have been winners along with the 3 he had if he took profits at 1:1 (hypothetical scenario to explain my point). Now his win rate is 80% so he should be up 6% after 10 trades risking 1%.
RR vs win% all comes down to who you are and your strategy. For me personally I like higher RR trades based on market structure because I like when 1 win covers multiple losses. I have a friend that takes 1:1s bc he likes to win more often and his win rate is much higher than mine but both strategies work. RR is not everything like people try and make it seem, it depends on the person
Is it non sense? because I do the same 0.70 lot (100 pip SL) 300 pip TP.
I won 3 trades this week a total of 900 pips .
0.70 + 300 pips = 210 , 420 , 630
I lost 5 trades 0.70 - 5($70) = 350
If you do the math 630-350=$280
I still have positive account sir . $280+
Hey I want you to win too!! just practice risk management when I didn’t use a SL my trading career was horrible .
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@@Janise-pg8yrgood advice!
I learned this the hard way by blowing several small accounts. Pain is a great teacher.
How are you doing now?
@@LesShorts17 same shit hahahh
As a begineers don't trade small account...cuz you just gonna blow it
@@MichaelAbel-wx9sx No. you should start small. and make it big. If you can't grow 100$ you can't grow $10,000
Same
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.
Thank you for your wonderful videos. I always watch your videos, I love how open minded you are about investing, I read an article of investors that made fortune within two months, so please I'd really love more tips and clues on how to outperform the market and make such gains.
I think you basically just have to research and study what kind of assets you want to Invest on.
For beginners, self-education is crucial; learn the basics of investing through online resources like books and courses. Diversify your portfolio across stocks and sectors to reduce risk, and research thoroughly before making investment decisions, Personally I do reach out to fiduciary for guidance, which was how I was able to grow my portfolio massively.
How can I participate in this? I sincerely aspire to establish a secure financial future and I'm eager to participate. Who is the fiduciary behind your success?
I usually go with registered representatives. Christopher David Pecktol for example has the best performance history (in my opinion) and does offers 1v1 consultation to his capitalists which I think is amazing.
He's mostly on Telegrams, using the user name
I'm DCAing in Pbatesltd as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Nothing beats the involvement of an expert in any business, investment or trade, selfishness and greed held many back and they ended up suffering huge losses, and the crypto market- Currencies are no exception.
I agree because most people I know complain about losses due to poor market analysis and recent bear market situations
Which professional would you recommend? I'm new to the world of cryptocurrencies and I really need an expert to guide me.
I work with is Christopher Scott after meeting him in an interview on CNBC.
He's on Instagram
CHRISTOPHER SCOTT TRADING
Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.
How are you doing it? Not everyone is as lucky as you know.
@@Christensen554 Is he taking new clients? This whole stuff is just too complicated for me. I don't mind using some help.
Luck is way off the picture. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $19k spread across stocks (options and futures) for the short term and Roth IRA, index funds, cryptocurrency and ETFs, for the long term. Now with over 91k in roi, I sit back and just reinvest at intervals while I handle my other businesses.
To me, trading is not worth it and I know that's the same mindset holding me back from taking a step forward in my finances. It’s all gambling.
Is he taking new clients? This whole stuff is just too complicated for me. I don't mind using some help.
How can I make good profit as a beginner starting with $4,000 ~io3
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Amanda Katherine Nakitare
Don't rush in rather seek expertise like Amanda Katherine. Growing a port-folio is complex
I racked up so much losses trying it on my own. Amanda really saved me from myself
Finding someone truly skillful is hard. I'm happy to see that a lot of people found Amanda
Same here. Amanda managing myportfolio was my best decision. Gotten more than half a million since
Beginners should listen 👂 to him clearly. He did not twist anything.
He said as a beginner, you MUST stick to your plan and follow your risk management rules until you become profitable for a very long period of time, then you can decide to trade anyhow you want.
As a beginner, don't focus on how to flip $10k to $1m within a year!!!
It's been quite a pump. But you know, with crypto, the big question is always when to take profits. What are your thoughts on that? I've been holding $250k worth of crypto since 2021 and seen it pump n dump
its not late to consider financial planning, never can tell what the future holds
I've been keeping an eye on the charts, and it does look like a major breakout. The real challenge is predicting when this pump will end. Timing the market can be tricky.
Right, when it comes to situations like this, it's ideal to engage in various options using an advisor, and I can attest to success of the basket approach seeing my portfolio grow from $350k to almost $1m in barely 3 years, by far my best financial milestone.
think you could suggest any professional/advisors i can get on the phone with?
Vivian Jean Wilhelm is her name. She is regarded as a genius in her area and works for Empower Financial Services
the Pbatesltd team do the heavy lifting, generating competitive returns for investors in the form of both cash and peace of mind
found this channel a month or so ago and have been hooked digesting different past videos ever since. very clear, and very articulate in what he points out. keep 'em coming. thx for sharing!!
Pbatesltd is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
When you said "The trade needs to prove you wrong." WOW man the reason I exit early right there... I have found more insight and knowledge in this channel. Props my good man PROPS
Im staying in PbatesLTD till after ETFs being approved and will move into alts after that...
This video is not going to have much views as it doesn't contain flashy things. But this video shows the core of successfully trading. Thank you brother. Love from India ❤
where are u from india
Great video as I'm a just beginning trading. For a frugal person this is exactly what I needed. Much appreciated 🤝🏽
In 2k24 im going to be profitable trader only this person and me is responsible thanks umar bhai ❤ FROM India
Brilliant, this is an amazing explanation on managing risk. Most who watch this will probably not realize how priceless this information is. Thank you, I can’t wait to try it out
His explanations really are always top notch He is definitely among the best RUclipsr and trader out there that I know, but I'm still yet to get a response after messaging him on his Instagram .
Mr Umar has said it More than a million times already that he is only very active on his verified Twitter & Telegam account for anything relating to Questions, Free trading Guidance and video suggestions. You teenagers just never seem to pay attention . 🤦🏽♀️
Yh I remember but I don't have a telegram account and I deleted My Twitter the day it was changed to X but I would install Telegram now , please what's his Telegram handle ?
Honestly There is actually not wrong with Twitter being changed to X but your choice is your choice. .
Appreciate your honesty NO BULL advice.
I have been a trader for 20 years and give lectures on psychology in trading. 90% is psychology and risk management
thank you soo much senior.. The Goal of Trading is protecting capital and staying long in the business " I'm always implementing this and videos like yours keep me in track
Your videos are interesting ...., Scholars who study the stock market's historical performance estimate that over time. The bull market is about to start, hurry up to buy promising coins like Pepennedy or others.
Facts! think you could suggest any professional/advisors i can get on the phone with??
Yes grahamconsults
i'm in my fifth trade with him and it has been super.
grahamconsults 💯
Yes! Gained massively from him
How to believe in one's self... Just to even start to begin to learn.. we must have the baby steps very well defined. This schooling is just that. Take it easy.. let us all work our optionality.. to keep on survival mode until we can master the arts of autonomy. Thank you, Umar. You have parresía!
I’ve been in this game for a while now but never heard someone explain to this level. On top of that for FREE! I will likely be a lifelong subscriber.
Watching at this video make me very happy because at the beginning of the year I ended up in the same conclusion while making my performance review and I realized my RRR it's the key missing for me to finally become profitable. I feel very proud of myself that I kept myself journaling for an entire year even though I was loosing money and I didn't give up. Thank you Umar for sharing useful information.
This video low key changed my life
Thanks a lot Umar for providing so much useful content for free. It is much appreciated for sure!
Umar's transparency is phenomenal!
Great info but stock price/risk is easier to calculate than options…if using the stock chart with options for r/r then the calculation is skewed due to premium…may enter a contract at .90 risking .10 for a stop at .80 but .80 can hit prior to your stop level on the stock chart and that level can now be .70 so your risk is messed up
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
Congratulations 🎉
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤️
you know what your risk is on that $10K ? Almost certainly the whole $10K. If you have the mindset to follow "some people"
& hope for the best ( which in most occasions means. "it will go up " ) then you probably are not disciplined enough to take a pre-set stop,( a loss ) because you have an expectation that "it will go up", or "it will come back". That's not trading. That's blind speculation.
You are better off spending the $10K in Vegas.
Some people but the majority lose millions of dollars 😂😂😂😂
@workjax how
How many of them lose it?
Most that put money in meme coins lose it all. Options are dangerous but meme coins are worse than gambling
I started watching your videos earlier last year as a beginner before giving stacks a trial and I've been able to scale from $2,000 to $18,900, I did get an advisor for supervision and accountability as you recommended Thanks.
What stocks or strategy you used?
How did you make that... Just buying stocks or options . If you have that much money I will teach you you can $1400 a month no risk.
You are so clear on your explanation ! Tnk u! Subscribed!
Thank you for clarifying the distinction between the amount invested vs the amount risked. I remember having a small eureka moment when I noticed this when reading one of the books Umar mentioned, The New Trading for a Living. Appreciate you bringing this to greater attention given how easy it is to be confused about it.
This explanation is a lot clearer and easier to understand!
Umar, you are the BEST, brother. Your educational videos are always phenomenal. I love them. Thank you for being honest and straightforward. More blessings.
Thanks! Umar that makes a lot of sense and most people don’t realize that! Thank you!👍👏👏👏
I use TradeZella to track and journal my trades.
www.tradezella.com/?via=umar
I am waiting for your reply 🙏 I have no time left
I just want to say you i believe in myself that I am more capable than i have ever imagine I need one chance I need some funds ($8000) so I get some time to fix my debt whatever it's happens I will keep going on in life i really want to do something meaningful in life by
I wish you see me as in you I have a fire in myself but don't have a choice I want to do something in life i badly need your support it's an emergency please🙏i don't want to cry i don't want to give I want to fight please i releasized my mistake now i know what to do
don't have enough time my time is running out even in my last stage of my life even god give one chance to fix everything I know now what was my mistake and i have learnt now I know how to earn it back I need one chance I don't have a choice but have a fire in my self
Your support would mean the world to me, and it would be a beacon of light amidst the darkness that engulfs me. I will forever be grateful for your compassion and generosity
I really enjoy your videos and it has made me improve so much in my trading journey.... I'm really grateful... Much love from Ghana 🇬🇭
Good for you. Trading is not recommended for anyone, it kills your emotions no matter how much you profit.
Thank you for being there Pbatesltd when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
For me you're one of the best trader in RUclips. Thank you for sharing
That's the advice I needed!
Next year I'll be focusing on my R!
THX Umar!
Get in touch 🎉🎉🎉
Thanks Bro! This is the most important piece of the puzzle..
Ty brother bn following you from the start of my journey!! 💙from NEW ZEALAND!!
I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.
How supply and demand works ? How do you draw strong key levels in your trades ....plz make a video
This 1% rule is kinda restrictive
If you know what you are doing, you don't need that
Hello, i wish to start investing but i don't know where to begin. Any advice or contact for help? ~ih0
Talking to an expert like David Robert Michael to reshape your portfolio is a very smart move
Wow. I'm shocked that you just mentioned and recommended David Robert Michael. Didn't know he has been good to so many people.
David is trustworthy! In march, i started with 8k, and my returns cleared my 62k bank debt
Same here. Almost gave up due to constant losses, but David turned my luck around
How do I connect with David? I would appreciate if you show me how to go about it
one day i will see you to say thank you for the work you are doing bro
Thank you yet again for the shared knowledge Umar, very informative as always. Thanks for taking the time to make these videos !
This is one of my favorite channel. It always makes my week complete! 😊 Despite the economic downturn, I still manage to earn $25,000 weekly from my investment of $3,500 ..God bless PbatesLTD
You are lucky. If i have $10,000 that will change my life 😥. Nice bro..but i lose $5000 all my savings.. 😢 ..now hate my life and want to end this life 😢😢
@@prasadh2013 pick your head up. stop feeling sorry for yourself. get your ass back in there and get it done. 2024 will treat you well bro.
Thank you for this. I had a hard time learning how to determine R.
This dude is speaking facts. This is the most important part of trading.
TA doesnt work without Risk Management
A lot of these concepts I already knew but the way you explained it actually helped hammer it home a bit more. Thanks Umar.
Hello friend. Did you subscribe to his platform?
Great video. I watch several youtube videos on how to trade in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
new trader here, love these vids this stuff is above my head. but after learning for two years starting to understand what your doing, would love to trade like this in my IRA I'll get there one day.
When stock picking, best to have a mentor who has a feel for sentiment and positioning of both institutional and individual investors. People like Munger and Buffet have good principles.
Right, my question then is where should I allocate more of my contribution from my paycheck to in my, Tbills and Bonds or stocks since the S & P has been a rollercoaster YTD?
.It is always good to have a bal-financial plan while seeking out alternatives as well. I work with a floor trader, professional planner and fixed-income strategist in NY, Monica. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
How has that worked out for you so far?
Great actually. I am one of many private clients under Monica, with private investing, hedging up against inflation I am up approx 500,000 in the past 10 months, 200 is ready to redeploy back into the equity and money markets in the ratio as rebalanced by Monica. You are welcome.
Thank you for these videos...im am learning so much and your taking my knowledge and skills deeper and helping me solidify my trading strategy and rules I follow
Get in touch 🎉🎉🎉
if you can master this, you can master trading
Your videos are always easy to understand! ❤️
Honestly Ashraf, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
Her name is 'MARY TERESE SINGH ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
Love the PbatesLTD content. I think this project is just as essential as HBAR and they both will be great movers
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Thank you for the video. I want to test this method 100 times.
In my opinion (as a wealthy successful trader with decades of experience and countless thousands of trades under my belt), I believe that risking $9600 on that one trade is far too much risk to justify it. Anyway, I would suggest taking some of those market profits and getting MUCH better graphics for future videos. The current scratchy notes do not induce confidence in the mind of viewers. However, in the end, you are correct to plan trades based on awareness of risks.
ppl always says buy low and sell high...and that makes them use full margin risking all their money...theres no 100% guarantee...give breathing room and only loss what u can tolerate...i was buy high and still got profit, and now the high become low, market will not follow textbook 100% ...but what u can control is how much money u could loss
20mins just to tell you that you should use a stoploss and good RR.. wow.. thx bro.. never thought of that
man i lower my risk to 1% from 25% and all ive been think about is this video, 1% would be easier to execute with if keep what I learned from this video in mind ty ash
thanks a lot. this helps us to stick the rules and follow the process.i also believe that R multiple is the most important ❤
love from INDIA 🇮🇳 👍🏻
Bro u trade stock market or forex?
@@tejeswarturuk3180it’s the stock market. Forex is different
Great video Umar ! Thank you for the quality content ! Greetings from Bolivia !
Unless you have a crystal ball the only fact you can control is the risk you have on each trade there is no planning for risk reward ahead of any trade ..no one can tell what the reward would be until the trade is executed and the trade is complete
Thanks for creating great content. Can’t believe you are giving this education for free 🆓. Wish you all the best and have a bigger success going forward.some day you will be on CNBC 😊
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k 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
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
Thanks to Mrs Maria Davis.
She's a licensed broker here in the states
Best strategy
I have been trading for a long time. If I'm sure I'll make $1, I'd rather risk $100 than close at a loss. The main goal is not to lose money or to minimize the damage.
Stops can take most traders out depending what asset they are trading. Dow for instance most traders get whiped out daily seeing their stops hit multiple times. Deep topic. trade smaller than you want to. you can always add. I am a swing trader mainly so I walk away from my charts and my stops are far away from my entry i would say 80% of the time I come back with my limit order filled then on to the next trade
Good one bro for download or s and p ..or nasdaq how many points should be stop loss
Tks in advance
These videos are essential ✍🏾
Today marks a milestone as my portfolio hits $257k. I'm immensely grateful for all the wisdom and valuable advice you've shared with me over the past months. Starting with just $12k in 2023, this journey has been nothing short of extraordinary.
What strategy do you use? for me trading has not been good to me every day I come to watch video's only see people appreciating how good they trading works
Some times last week I tried trading all alone but ended up loosing $5k
Please educate me, i'm willing to make consultations to improve my situation
Are you familiar with Mrs. Amelia Jason?!
Her ability to simplify complex cryptocurrency concepts is remarkable and highly praiseworthy.
best video on stop loss
Thanks bro., God bless you, Thanks for sharing your expirence and knowledge on managing risk management
Thanks you Umar, you are amazing
The $69,250 of two years ago buys about 20% less today, so Bitcoin at $69,230 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all this talk of a retrace? I don't want to buy the top.
Thank you for sharing all this information Umar!! You are an inspiration. No BS, just straight facts. Please keep sharing. You are changing lives.
I trade forex and there are EAs that will size your position automatically. You can tell it you want to risk, let’s say .25% of your account and then you position your stop loss on the chart and click buy or sell. I trade on the M1, so I have to be fast with the order. There’s no typing in trades, just drag and click.
ur helping traders learn proper risk management 🙌👏🎉👏🙏
Get in touch 🎉🎉
OH GOD, THIS VIDEO WAS SO MUCH NEEDED FOR ME. I USE TO MAKE GOOD AMOUNT BUT WIPED OUT MANY TIMES AT THE END OF THE WEEK, NOW I WILL IMPROVE MY R THANX UMAR FOR THIS BEAUTIFUL VIDEO..
Thank u for always making amazing and beneficial content for traders 🔥
this video change my life 2 month ago, I see this video 3 times and for me is the best video about can be a good trader. thanks a lot Umar for this video
It will be great to know about your full stragety while placing a trade from entry to exit
You just made me understand what risk management is
@Official...UmarAshraf1 wait up man. You know you're not who you claim to be.
My advice to any new traders, is to learn this first. Risk to reward seems like such a basic concept. But no matter how good you are with your setup, know all the patterns, etc. without applying proper rr, it will be very hard to survive as a trader
Are there tools available to calculate the R that also take in consideration the fees that will be deducted from your profit?
Yup! Just search for risk reward calculator templates on google. I just used the first one, and stuck with it for years. It was a simple google sheet template
This video is worth its weight in gold. Thanks brother.
Hey @umar Big fan of yours and Tradezella User; one of the main hurdles that I am currently coming accross is capitalizing on Reward aspect; in other words, I am struggling to hold trades to at least a 2R; want to take profit prematurely. How can I navigate this?
Bro this video was so good I really needed this and omg the aesthetic is so clean keep up the amazing work big dawg ima get there and surpass you one day stay grinding
I just watch your video, and it so helpful for us traders who are weak in terms of risk management, just want to ask when you trade with 2 R, are you doing partial close and and breakeven to take some profit? In that case you will not achieve a 2r since not equal with the risk amount
You have convinced me to put those Stops in and to be conservative with them.