6 Things I Stopped Doing To Become A Profitable Trader

Поделиться
HTML-код
  • Опубликовано: 16 май 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

Комментарии • 663

  • @UmarAshraf28
    @UmarAshraf28  8 месяцев назад +338

    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.

    • @harshrajput3241
      @harshrajput3241 8 месяцев назад +2

      Sir please make video on --> Future of trading industry and how it transforming.

    • @ashispanda4928
      @ashispanda4928 8 месяцев назад +1

      many many thanks brother👌👌👌👌👌👌

    • @mayurk2160
      @mayurk2160 8 месяцев назад +2

      prop firms vs private funds

    • @SanthuSanthu-yh2nz
      @SanthuSanthu-yh2nz 8 месяцев назад +1

      Ur setup we need sir

    • @donmakavelli741
      @donmakavelli741 8 месяцев назад +2

      Share us your edge

  • @nicolasbenson009
    @nicolasbenson009 6 месяцев назад +140

    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.

  • @totallysick88able
    @totallysick88able 7 месяцев назад +55

    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 👍

    • @Oren0614
      @Oren0614 7 месяцев назад +1

      nothing against education part but does he call out his trades entry and exit?

    • @totallysick88able
      @totallysick88able 7 месяцев назад

      @@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.

    • @cr7cubanocr7
      @cr7cubanocr7 2 месяца назад

      ​@@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.

    • @PaperBagGambles
      @PaperBagGambles 20 дней назад +1

      @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. :)

  • @DanBaranes-ot6xb
    @DanBaranes-ot6xb 8 месяцев назад +10

    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

  • @JamesSanders00
    @JamesSanders00 7 месяцев назад +27

    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

  • @danharvey61
    @danharvey61 6 месяцев назад +12

    Great advice. Hard for newbys to appreciate the wisdom in what you said. Good job!

  • @casalnovelasbr9202
    @casalnovelasbr9202 4 месяца назад +3

    Honestly, these videos are so important, it just helps to focus on whats important

  • @adamhoang7251
    @adamhoang7251 8 месяцев назад +4

    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.

  • @dpxx
    @dpxx 8 месяцев назад +2

    High quality video, the editing and advice is off the charts!

  • @josh.chitrathomas
    @josh.chitrathomas 4 месяца назад +1

    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 🙏

  • @RameshKumar-lp6op
    @RameshKumar-lp6op 7 месяцев назад +3

    Absolutely Brilliant analysis

  • @wizzyiuu
    @wizzyiuu 8 месяцев назад +3

    I just saw your channel. You are doing so much to form our mindset as beginners. Thank You soo
    much

  • @bharatdawadi7880
    @bharatdawadi7880 7 месяцев назад +2

    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. 👍👍👍👍

  • @harishjangid3528
    @harishjangid3528 8 месяцев назад +1

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

  • @vannara11
    @vannara11 8 месяцев назад +2

    This is a Real Trader sharing experience !!! 1 in 100 hundred to Find youtube channel like this !!!!! APPRECIATE ASHRAF

  • @ThePersianOne
    @ThePersianOne 8 месяцев назад +2

    Quality of the video is crazy good, love the insight and value as usual. Thank you brotha.

  • @techkarma2583
    @techkarma2583 8 месяцев назад +2

    Always imparting us with an ocean of knowledge. Thank you!

  • @cryptolinktv
    @cryptolinktv 8 месяцев назад +2

    What a golden advice and it's genuine! Thanks bro!

  • @Drumstep69
    @Drumstep69 7 месяцев назад +1

    Thank you, it is making so much sense. I am grateful to be a trader.

  • @migrivera9165
    @migrivera9165 Месяц назад +1

    thank you my friend for this great advice,GOD BLESS YOU...hopefully next topic is about PRICE AND VOLUME anomaly ty

  • @Informed786
    @Informed786 6 месяцев назад +1

    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

  • @nheirego5639
    @nheirego5639 8 месяцев назад +1

    Thank you, Umar for sharing this video. I will surely apply this next week on my trading plan. God speed!

  • @cos4779
    @cos4779 6 месяцев назад +1

    Just stumbled over your channel, this is such great authentic content.

  • @phannakonephanyoulath8445
    @phannakonephanyoulath8445 5 месяцев назад +1

    thank you so much for your suggestions 6 thing to stopped doing to become A profitable trader 🥰

  • @ReasYTchannel
    @ReasYTchannel 7 месяцев назад +3

    Valuable lessons. Thanks Umar.

  • @TripleKrhoxz
    @TripleKrhoxz 8 месяцев назад +1

    Yes sir...
    You are right and I will use your word of wiseness ❤️❤️❤️

  • @nicktruong4673
    @nicktruong4673 5 месяцев назад +1

    Umar!! You straight forward honest!!! Good mentor

  • @ArunKumar-dd7ey
    @ArunKumar-dd7ey 8 месяцев назад +1

    Your correct I did the all the mistakes and now I am profitable 🎉

  • @vasilpetkov194
    @vasilpetkov194 2 месяца назад

    Best mentor i 've ever watched. Thanks man you are helping a lot!!

  • @mishkivlog
    @mishkivlog 8 месяцев назад +1

    Value value value.. The only channel I follow for trading advice

  • @shperzariche7381
    @shperzariche7381 6 месяцев назад +1

    Excellent video. This is what I needed brother Barak Allah o fik

  • @JeroenDijks
    @JeroenDijks 6 месяцев назад +1

    Thanks man! Really great content..

  • @arkale24
    @arkale24 8 месяцев назад +1

    Valuable information brother 👍

  • @travel777agent3
    @travel777agent3 8 месяцев назад +1

    Respect for you Sir!

  • @WaqarAsim.
    @WaqarAsim. 8 месяцев назад +3

    Production quality just went up a notch. As if it wasn’t high enough already🔥 amazing video once again bro

  • @dice8907
    @dice8907 5 месяцев назад +2

    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 .

  • @joekline9868
    @joekline9868 6 месяцев назад +1

    Great video man, thanks for making this.

  • @TherapyWithRicardo
    @TherapyWithRicardo 5 месяцев назад +2

    Love the message. Thanks!

  • @Ar78600
    @Ar78600 8 месяцев назад +6

    The robin hood of trading💎💎💎 Institutional level trader helping the small guy❤️❤️❤️

  • @fullermachava9255
    @fullermachava9255 7 месяцев назад +1

    Thank you Umar for these advises that you have been me. coz of you I'm becoming a profitable trader

  • @chaostrading
    @chaostrading 7 месяцев назад +2

    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

  • @alllyrics7498
    @alllyrics7498 8 месяцев назад

    Bro changed my trading to the next level thank you I appreciate Umar 🙏🏽🙏🏽

  • @surajbhosale5911
    @surajbhosale5911 8 месяцев назад +2

    Congratulations for 500k🎉🎉🎉

  • @ankitagrawal988
    @ankitagrawal988 8 месяцев назад +2

    Ur trading pychology Is amazing bro 😊❤

  • @wakalmercedesreyes1865
    @wakalmercedesreyes1865 7 месяцев назад

    you the man brother thank for all the information and help to trading community, god bless you

  • @ronaldtiangha
    @ronaldtiangha 8 месяцев назад +2

    Thanks for this, Umar.
    Love the hair. 👊

  • @dilkash2709
    @dilkash2709 8 месяцев назад +4

    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…

  • @hiskiamalakia4375
    @hiskiamalakia4375 8 месяцев назад

    Viewing from Namibia 🇳🇦✔️! Thanks man

  • @yungklutch7
    @yungklutch7 7 месяцев назад

    thank you for all these amazing contents

  • @ai_robozen
    @ai_robozen 8 месяцев назад +1

    You are so in tune with trader thinking

  • @Pepstermine1
    @Pepstermine1 3 месяца назад +2

    Bro… you are life changing ❤️

  • @ringo8567
    @ringo8567 4 месяца назад

    The background music you have is what I always listen before taking a single trade ;)

  • @marharytabahovich1185
    @marharytabahovich1185 7 месяцев назад

    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

  • @user-ez2xd1kf2q
    @user-ez2xd1kf2q 8 месяцев назад

    So Real! So Educative! Thank you

  • @gamaxderechte2.040
    @gamaxderechte2.040 7 месяцев назад +2

    Hi Umar your Videos are very helpful and btw which Programm do you use for your footprint charts?

  • @Krazy_Piece
    @Krazy_Piece 5 месяцев назад

    Thank you sir you changed my point of view on trading

  • @arikoebel2251
    @arikoebel2251 8 месяцев назад

    Impressed with your knowledge and what your share as a successful trader.

  • @muneneinsights
    @muneneinsights 3 месяца назад +1

    I love your contents Umar. They always speak to me. U always have what I need and your words are so encouraging because and you say what I lack a platform to convey. Keep going

  • @snarfsnarf247
    @snarfsnarf247 8 месяцев назад

    Thank you brother 🙏🏽🤜🏾🔥

  • @carmennavar6961
    @carmennavar6961 8 месяцев назад

    Excellent videos yes lots of common sense money making value thanks

  • @cyrusmwangi2012
    @cyrusmwangi2012 5 месяцев назад +1

    Hi Umar i've been watching your videos and am glad you're really being honest

  • @syaluuuuu2
    @syaluuuuu2 7 месяцев назад

    Thank you for sharing the information. not bad for me who is a beginner and learning in the nfc community

  • @renegabriel8852
    @renegabriel8852 8 месяцев назад

    appreciate this video!

  • @arjunbramhbhatt1295
    @arjunbramhbhatt1295 8 месяцев назад

    Umar bhai you are contributing valuable things to us .. love you brother ❤

  • @shashichahar557
    @shashichahar557 7 месяцев назад +1

    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 🙏🙏🙏🙏🙏

  • @robelmolla9047
    @robelmolla9047 8 месяцев назад

    Really helpful video!

  • @TrayDayX
    @TrayDayX 6 месяцев назад +1

    He's literally preachin ❤. I have a love hate relationship with trading

  • @prathamtanwani4276
    @prathamtanwani4276 7 месяцев назад

    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.

  • @TestimonyElvis
    @TestimonyElvis 7 месяцев назад

    Thanks alot for the info 📝

  • @LongTu167
    @LongTu167 8 месяцев назад

    Thank you so much Umar !!!

  • @sazidkhansrabon
    @sazidkhansrabon 8 месяцев назад +2

    Thank you umar vai ❤
    One day insha allah....i will also say "i made it "😊

  • @j.n-turner
    @j.n-turner 7 месяцев назад

    beautiful, thank you.

  • @alenrayen1028
    @alenrayen1028 8 месяцев назад

    Trully appreciate the content! Umar

  • @mohamadfadlimdyusof1980
    @mohamadfadlimdyusof1980 8 месяцев назад

    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 🇲🇾

  • @MattDouglas-sp6oq
    @MattDouglas-sp6oq 6 месяцев назад +4

    The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

  • @andrewsacco3927
    @andrewsacco3927 8 месяцев назад +2

    Just saw the short let’s get it💪

  • @Yesyou599
    @Yesyou599 6 месяцев назад +5

    Thanks Umar again for this masterpiece❤
    I've been trading live for 8months and these are exactly the things which I should focus on now.

  • @sammadda
    @sammadda 8 месяцев назад +2

    Thanks!

  • @Houstonvette
    @Houstonvette День назад

    THANK YOU 🙏🏼

  • @santanusaha282
    @santanusaha282 Месяц назад +1

    Thank you sir🎉🎉

  • @izuddin1978
    @izuddin1978 8 месяцев назад

    Thanks for sharing

  • @underdog_factor
    @underdog_factor 7 месяцев назад

    This helped a lot. Thanks.

  • @lindanehendrick2783
    @lindanehendrick2783 8 месяцев назад

    Thank you sir 🙏🏾

  • @marcusbernardez9888
    @marcusbernardez9888 8 месяцев назад +1

    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!

  • @effectible
    @effectible 7 месяцев назад

    Thank you Umar

  • @vinuvillan80
    @vinuvillan80 8 месяцев назад +234

    1st view from Karnataka (India)

  • @sampan3695
    @sampan3695 8 месяцев назад

    Many many likes for this and for all
    Of your contents! ❤

  • @davogevorkian
    @davogevorkian 8 месяцев назад

    Needed this!

  • @ilnur83
    @ilnur83 8 месяцев назад

    Thanks, great advice and reminder, because I have done all this

  • @uniquethings6097
    @uniquethings6097 8 месяцев назад

    Great learning 👍 brother, alot of love from India ❤

  • @steveuzi7592
    @steveuzi7592 8 месяцев назад +3

    Thank You Sir, this is what I needed to hear in my life.

  • @ankushhanda4597
    @ankushhanda4597 8 месяцев назад +1

    Umar thanks for giving Ashrafi 💯💯

  • @nwanegbofelix9464
    @nwanegbofelix9464 8 месяцев назад +1

    Amazing 👍, I always say that trading and investing is very profitable and safe with the right help and proper guidance

  • @khomdramdevi5514
    @khomdramdevi5514 6 месяцев назад

    Superb knowledge shared thank u always for your psychology based learnings which is by far the most important

  • @AuwalCCL
    @AuwalCCL 3 месяца назад +1

    The best is yet to come
    #SKILLEDJANUARY

  • @terry4265
    @terry4265 8 месяцев назад

    Thanks so much for these Videos. Their Great. :)

  • @theofficialkishor
    @theofficialkishor 26 дней назад

    Thank you Umar sir.

  • @user-li6vp6us1p
    @user-li6vp6us1p 8 месяцев назад

    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. 😢

  • @kaboragratmaycar-shop4122
    @kaboragratmaycar-shop4122 3 месяца назад +2

    Brilliant!

  • @senthilkumar-wi2qu
    @senthilkumar-wi2qu 8 месяцев назад

    Hi, I am senthil from Chennai, following you from some time.. Your inputs are really helping me in trading.. I have become profitable trader now.. Thank you for all your inputs.