8 Trading Rules To Become Profitable in 2024...

  Рет қаралды 255,079

Umar Ashraf

Umar Ashraf

Күн бұрын

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

Пікірлер: 764
@UmarAshraf28
@UmarAshraf28 5 ай бұрын
Hope everyone watching this becomes super successful in 2024. 🙌
@_captain6696
@_captain6696 5 ай бұрын
I’ll be back next year by this time
@GrowwithPriya0808
@GrowwithPriya0808 5 ай бұрын
Thank you for your support I can definitely becomes successful in 2024❤❤❤❤
@memecat84
@memecat84 5 ай бұрын
What you said in this video resonates so well with my errors... I keep fall back to my bad habits and emotional roller coasters. I need to watch your videos as if my success depends on each sentence.
@nasirahamed2321
@nasirahamed2321 5 ай бұрын
In sha Allah I ‘’ll be back next year this time sir ❤️
@NATURE03218
@NATURE03218 5 ай бұрын
I love this video ❤
@RitaMeyers-oc4le
@RitaMeyers-oc4le 3 ай бұрын
Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.
@leonardblavatnik2690
@leonardblavatnik2690 3 ай бұрын
Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.
@nicholaslinetti
@nicholaslinetti 3 ай бұрын
You’re correct. Although, It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@nicholaslinetti
@nicholaslinetti 3 ай бұрын
I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.
@mitchellerashica
@mitchellerashica 3 ай бұрын
I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.
@nicholaslinetti
@nicholaslinetti 3 ай бұрын
I consult with:-
@rodriguezolson4290
@rodriguezolson4290 3 ай бұрын
Great content Umar, nice and informative video. I've been trading stocks with a broker for over a year now and I just hit the 700k milestone. I project to crack $2m by the end of this year 🤞🏻
@CarolJ.Sorenson
@CarolJ.Sorenson 2 ай бұрын
It's always good to get financial planning from someone qualified. My FA, Ann Marie Celentano handles my trades and I've scaled from 150k to 935k within the past year.
@Meadley-ec8nz
@Meadley-ec8nz 2 ай бұрын
I've searched the web for this lady you mentioned and I'm impressed. was able to leave her a message
@Faheem-Shah.
@Faheem-Shah. 5 ай бұрын
2023 was a warmup 2024 will be our year ( trading edition )
@carmine_rosato
@carmine_rosato 5 ай бұрын
RISK is the #1 component to trading! Great video Umar 🙏
@orion_theartist
@orion_theartist 5 ай бұрын
💯💯
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉
@cyberengineered
@cyberengineered 5 ай бұрын
1000%
@jesscassie1690
@jesscassie1690 24 күн бұрын
THANKS. Just what I needed to watch. My husband and I are administrators of our farming business and our own properties, as well as small pensions. I am almost 56, my Wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 1 million bucks.
@Philip_873
@Philip_873 24 күн бұрын
As with my big financial decision,it’s important to keep your guard up for economic risks. However, smart planning, time management and getting a professional trader can help keep you and your money safe.🎉
@johnathansteve6148
@johnathansteve6148 22 күн бұрын
Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments
@johnathansteve6148
@johnathansteve6148 21 күн бұрын
Whats'app
@johnathansteve6148
@johnathansteve6148 21 күн бұрын
┼ 1
@johnathansteve6148
@johnathansteve6148 21 күн бұрын
33440.
@jerrynovember
@jerrynovember 4 ай бұрын
I like when you said have a strategy that’s 40-50 percent. This shows there’s no strategy that has a win rate of 80-90 percent!! You’re very realistic 👏🏽🔥
@Gabriell900
@Gabriell900 4 ай бұрын
2024 is my year that's for sure. I will come back for this comment on September first, 2024!📈📌
@ArmyJedi22
@ArmyJedi22 4 ай бұрын
Very accurate. Especially the part about staying in your own lane with your own discovery of YOUR edge, and not consuming so much bs info out there.
@ChristFollower1111
@ChristFollower1111 3 ай бұрын
I haven’t even started trading yet, but I’ve been devouring your videos and I’m sure they’ve already saved me mitigate or even avoid mistake before I start. THANK YOU!
@kaizzeart6659
@kaizzeart6659 4 ай бұрын
I really love your content dude. You talk about the key fundamentals behind a successful trader and not stupid stuff like "the perfect strategy" Like to lose weight you focus on your mindset. Not the diet In trading your do the same and not focus on the wrong things
@techchannel9436
@techchannel9436 4 ай бұрын
finally I see someone who talks sense about trading. As you said other 99% social media is just bullshit. Can misguide and make you develope bad habits and create even more confusion.
@Personalgrowthniche
@Personalgrowthniche 3 ай бұрын
True
@hritulnawale6213
@hritulnawale6213 5 ай бұрын
Thank you so much Sir, this video opened my eyes to some areas I never thought they'll be so important. Thank you so much ❤❤❤
@chiragjoshi2914
@chiragjoshi2914 5 ай бұрын
My trading is switched to loss to profitable by your teaching video TQ so much sir
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉
@828FX
@828FX 5 ай бұрын
Very true, have been working on my system for 3 years. Trading is very difficult, you either give it your all or don't attempt it. You need to understand the market and yourself as well. Great Video👌
@brandomaydom416
@brandomaydom416 5 ай бұрын
thanks for this vid man! been waiting for it!
@Victoria-oq5yc
@Victoria-oq5yc 5 ай бұрын
It is always a pleasure to listen to your content. Right on point !
@vishalte
@vishalte 5 ай бұрын
I appreciate your being candid . You are one among the few who talks absolute sense and helps the beginners. Keep it up 👍🏻 🙏🏼
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉
@IOJR17
@IOJR17 5 ай бұрын
I just started dipping my toes into the trade and market world. I have only been doing this for a month and found this very informative. I’ve been focusing my learning on what people have been sharing as bad habits or disciplines. Definitely moving slowly and learning first. Thanks
@hawker358
@hawker358 5 ай бұрын
Great list. I would add one thought. Incorporate time frames to your trading plan and tracking. The market is a different animal at the open vs lunchtime. I have specific setups that I only use at certain times of the day. Cheers!
@anukapraise9708
@anukapraise9708 5 ай бұрын
This video provides valuable information. While I've watched numerous KZfaq videos on market trading. I haven't made much progress due to unclear instructions or stories of success that don't offer practical guidance. I want to avoid making mistakes by taking unnecessary risks.
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉
@AbahAjie
@AbahAjie 5 ай бұрын
Tq... After 3 years finally i found my edge.. 😅. I did not know why i did not see it early.. 😁
@Ramboxclusive
@Ramboxclusive 2 ай бұрын
What is it..?
@gabbar_rj9996
@gabbar_rj9996 4 ай бұрын
Love from India bro .... U r my super hero.. I learned lots of things from you. U are a real motivation for me.... No matter I am making losses but I am getting better day by day....one day I promise we sit together ❤️
@taijuanderer
@taijuanderer 2 ай бұрын
Always watching your video bro. And I learned a lot. Thanks.❤
@totallysick88able
@totallysick88able 29 күн бұрын
Seriously, he’s the most down-to-earth trader on the planet
@user-uz3kn1ng2f
@user-uz3kn1ng2f 5 ай бұрын
Hey Umar, could you show your settings for your imbalances in atlas? On which number do you have them? 400? And do you look for imbalances and absorption on the 1 min or 5 min chart? Could you make a video how your live trading, it would rlly help to we ur thought process and analysis process? Thank very much
@eufemiavarona5435
@eufemiavarona5435 5 ай бұрын
Thanks so much, Umar, this is truly a helpful video. God bless you and more power to you.
@fariborzboss
@fariborzboss 5 ай бұрын
I really appreciate your content. Thank you so much for your support. This video greatly resonated with me. 🙏😊
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
@Mathias13012
@Mathias13012 5 ай бұрын
Always a pleasure to watch your videos :)
@juliusduzinskas7203
@juliusduzinskas7203 5 ай бұрын
Man the 7 rule is golden, had multiple losses when was looking in social media it just messes with your head and you start dont listen to your strategy and do stupid things… keep it up best trading content from u 🎉
@Zeeshu-56
@Zeeshu-56 5 ай бұрын
Such a great video ever ❤. Thank you umar bhai.
@leopinero479
@leopinero479 4 ай бұрын
Thank you for the info you share everyday. Keep up the good work.
@SamuelDauda_
@SamuelDauda_ 5 ай бұрын
One of the most legit content providers on KZfaq. 🔥
@miwakeronix
@miwakeronix 5 ай бұрын
I love these videos. No lie, I have watched the video “10 reason why you haven’t made money” at least 20 times to really get in my head and yes I will watch this and other one 100 more times!
@freebird5170
@freebird5170 4 ай бұрын
Good one bro! Keep them coming!❤❤❤
@underrated_snkr_bs
@underrated_snkr_bs 5 ай бұрын
Awesome content.. Keep it coming. 💯
@user-zq6kb1dh4m
@user-zq6kb1dh4m 5 ай бұрын
Thanks brother!! Nice content once again❤❤
@Umar-AutoHelp-Bot
@Umar-AutoHelp-Bot 5 ай бұрын
Thank you govin for the positive feedback 🤗! Please remember to leave a like on the video.
@TownklerTrades
@TownklerTrades 4 ай бұрын
I am getting back into trading and want to start a youtube channel to follow my progress. I absolutely love all your videos, and the fact you really understand the nitty gritty of how to express and communicate the right information. Do you have a disc or community where people can chat?
@carlosV-uy4gg
@carlosV-uy4gg 5 ай бұрын
Thank you for all the Video you share with us, I learned a lot from you
@karenholt903
@karenholt903 4 ай бұрын
Great video! Very helpful...thanks Umar.
@bishnupokhrel15
@bishnupokhrel15 5 ай бұрын
Hi Umar ,I love to watch all your contents which are immensely helpful for me as how should I approach the market. You said you will be coming up with a video as how to read DOM .Would appreciate if you could just take out time for that. Love from India .
@UnknownTrader369
@UnknownTrader369 5 ай бұрын
Hi Ashraf, thanks for your efforts in educating all of us. Thanks for helping traders community. I trade in Indian Market, can I use tradezella for journaling my trades in Indian markets? Please answer.
@kevinaugscholl5309
@kevinaugscholl5309 Ай бұрын
Thank you so much for this amazing video!
@walinaveedzafar123
@walinaveedzafar123 Ай бұрын
umar bro i consider you my mentor. thanks for helping us out
@sdct27
@sdct27 3 ай бұрын
Incredibly vital information, 100% agree on these points. Thankyou for inspiring and educating aspiring traders worldwide with this very important and vital information when it comes to becoming profit in 2024🎉
@rickysomething3786
@rickysomething3786 4 ай бұрын
I appreciate your content and advice.
@Diier_Ned
@Diier_Ned 5 ай бұрын
This is GOLDEN well done sir.!!
@MackMittenzTV
@MackMittenzTV 5 ай бұрын
Umar is my guy! I appreciate you brother!
@chewie1355
@chewie1355 5 ай бұрын
8:00 You are speaking to me!!! Directly. 😮
@alexorozco2041
@alexorozco2041 5 ай бұрын
Great video thank for sharing your thoughts and process we all appreciate you keep the videos coming 🙏💪 can you make a video on supply and demand
@cami1sim
@cami1sim 5 ай бұрын
Your videos are really nice!!
@adarshgmani
@adarshgmani 5 ай бұрын
Thank you, I have watched as many videos of yours, question is beginner traders, should start where, stocks, options, futures(what future), maybe if you could please rate those in terms of risk management etc..sounding naive, but your assistance is greatly appreciated.
@rachasree
@rachasree 3 ай бұрын
I believe this is one of the best orientation on trading. Thank you Umar
@Therealest65
@Therealest65 5 ай бұрын
Great content and a good path to be profitable, and successful 👏👏👏
@tomasgryczka5737
@tomasgryczka5737 5 ай бұрын
Thank you for helping all off us
@turtleborn
@turtleborn Ай бұрын
4:24 exactly !, ive only been trading for a month but i started off with that mindset as long as i dont blow up my small account and maybe make a little bit of profit so i can keep trading its a success im gaining experience and refining my strategy and it will end up paying off in the long run
@user-lw3ri8us4w
@user-lw3ri8us4w 27 күн бұрын
thats my attitude too i only have a $300 account right now but it's gradually getting larger and if i'm able to grow it to $600 with consistent profits over time i know i'm ready to start trading the big dollars.
@DasmSmash
@DasmSmash 5 ай бұрын
This video is a very VERY helpful tool for our journey. Thanks Umar
@harishjangid3528
@harishjangid3528 5 ай бұрын
Thank you for your support and all the best for your future
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉
@AhmedFarislive
@AhmedFarislive 5 ай бұрын
Amazing video today, i'm exactly in this level of trading journey that you mentioned today. I'm very thankful for you for every content that you present for us. every info that you give in the videos are highly important.
@AMANKUMAR-jt2hx
@AMANKUMAR-jt2hx 5 ай бұрын
please make a playlist on orderflow , explaining delta , max min delta , exhaustion and absorption with examples that would be awesome !!
@buttonman1831
@buttonman1831 4 ай бұрын
I think variance is an important thing to consider as well. Even if you have a solid trading plan, variance can really mess with your head and make you second guess yourself.
@TheStrataminor
@TheStrataminor Ай бұрын
Journaling turned me around as I finally faced up to the fact that I had problems to deal with my mindset, entries etc
@pauliusurinavicius1617
@pauliusurinavicius1617 5 ай бұрын
Risk management is key, I must not fear risk when it comes to trading. I need to establish true consistentcy when it comes to my binary trading.
@SL-gd6rg
@SL-gd6rg 5 ай бұрын
Bro your content is by far the most genuine on YT - I've come back to your videos time and time again throughout my trading journey and each time I learn something new! Thanks again for the content and all you do!
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉
@delhiitesyashyash561
@delhiitesyashyash561 5 ай бұрын
Thnx bro for all the help
@blackdiamondoffthegrid8703
@blackdiamondoffthegrid8703 4 ай бұрын
Thanks for sharing! Be humble everyday or get pummel by the market! Lets go 2024!
@elishaaneng6959
@elishaaneng6959 5 ай бұрын
Great Content.. Thanks Umar for always keeping it Real 💯. You changed my entire trading life once I started listening and following what you say..
@terry4265
@terry4265 5 ай бұрын
Thanks for these Videos. It's appreciated. :)
@kytrung89
@kytrung89 5 ай бұрын
love all your video bro can I ask you what u using to calculate the risk and reward ? I’m using TOS and it doesn’t have very good risk reward
@LongTu167
@LongTu167 5 ай бұрын
Many thanks Umar!!!
@kcwise55
@kcwise55 5 ай бұрын
Your tracks are meditative also.... Good for focus!
@juanmarvin8310
@juanmarvin8310 14 күн бұрын
Thanks Umar. Im improving my trading with that
@priyankaa5566
@priyankaa5566 5 ай бұрын
Very much precise content, Thank you for making this video
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
@tobykelley4888
@tobykelley4888 4 ай бұрын
Great advice, thanks for the video!
@manishtiwariUK
@manishtiwariUK 5 ай бұрын
Superb.. Thanks for guidance.
@DoshAli-zb2yt
@DoshAli-zb2yt 5 ай бұрын
Great content thanks a lot umar❤❤
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉
@gunjita333
@gunjita333 3 ай бұрын
Great video! Thank you❤
@englishglobally
@englishglobally 5 ай бұрын
Hi Umar. i've been in my trading development journey for just about 3 months and your incredibly well explained and simplified tips plus experience advice has been a game changer for me . Thanks man. keep it coming.
@Daisy-Travel-Vlog
@Daisy-Travel-Vlog 5 ай бұрын
​Honestly he is definitely Among the best KZfaqrs and traders out there that I know but even after saying in his videos that he would personally start helping out his subscribers with there personal trades, he his still yet to respond to me on his Instagram .
@umapuma2136
@umapuma2136 11 күн бұрын
This video is beneficial, thanks for the vid keep it up.
@inspirevoice
@inspirevoice 5 ай бұрын
Hi umar, please make video on the subject "how to handle a lose and if we take loss should we trade again or just digest the loss and prepare for next day" looking forward to have it, love from 🇵🇰
@catharinajohannavandebank5964
@catharinajohannavandebank5964 4 ай бұрын
Good video, sometimes traders needs to hear this kind of teachings and not just how to trade to prepare themselves for the journey ahead.
@rupindersingh2476
@rupindersingh2476 5 ай бұрын
Thank you for valuable knowledge
@user-uo8dq4jg7d
@user-uo8dq4jg7d 5 ай бұрын
thank you so muhc umar bhai . such a pure knowledge sharing with us. ❤
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉
@piercarloscalamandre5204
@piercarloscalamandre5204 5 ай бұрын
that's an amazing video! ty for sharing
@bonganijuniour1161
@bonganijuniour1161 4 ай бұрын
Thanks for your advice
@prithvirajkajave5024
@prithvirajkajave5024 3 ай бұрын
Your content is real🔥
@munniknieuwoudt1377
@munniknieuwoudt1377 4 ай бұрын
Great video. Thanks!!
@kukmarley
@kukmarley 4 ай бұрын
Thank you Umar! Wish you even more success in your already outstanding career!! Greetings from Cape Verde Island, Africa!
@mauriceortegabent4165
@mauriceortegabent4165 5 ай бұрын
Thank you for this great video.
@officalumar010
@officalumar010 5 ай бұрын
Get in touch 🎉🎉🎉🎉🎉🎉
@ayaanlifts
@ayaanlifts 3 ай бұрын
Thank you for this👍
@user-hs5sk1fc9o
@user-hs5sk1fc9o 5 ай бұрын
Thank you for your amazing videos 🙏🏻🙏🏻🙏🏻🙏🏻
@Umar-AutoHelp-Bot
@Umar-AutoHelp-Bot 5 ай бұрын
Glad to help Adrian!🤗 Please remember to leave a like on the video 😉.
@MMK-45
@MMK-45 5 ай бұрын
Hey buddy. I'm curious do you ever do an actual live trading on KZfaq?
@sukhrajkhaira6267
@sukhrajkhaira6267 5 ай бұрын
You are the only guy I can listen to all day
@DrErikkaLynch
@DrErikkaLynch 5 ай бұрын
Thabk you for your awesome content! Can you do a video in tradezella university on what platform you use to trade and how you set it up for stop losses? Or do you have that on other videos here? Thank you!
@AliAnsari-qu1ks
@AliAnsari-qu1ks 5 ай бұрын
Excellent advise and presentation.
@anmoltandan7821
@anmoltandan7821 5 ай бұрын
Thankyou umar for a genuine knowledge. It will helps a lot❤❤
@erkan4720
@erkan4720 5 ай бұрын
Great video👏🏼👏🏼
@Thenarayanaclips
@Thenarayanaclips 4 ай бұрын
Thank you friend for sharing your invaluable wisdom with us.
@santokhsingh8133
@santokhsingh8133 5 ай бұрын
Contents in this video are very educational n helpful Umar. RM MM MS PB n consistency are the components which leads to be a pro trader in future. Thanks
@ugniusjankauskas7997
@ugniusjankauskas7997 5 ай бұрын
Thank you!
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