8 Trading Rules To Become Profitable in 2024...

2024 ж. 18 Мам.
251 573 Рет қаралды

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
  • Hope everyone watching this becomes super successful in 2024. 🙌

    @UmarAshraf28@UmarAshraf285 ай бұрын
    • I’ll be back next year by this time

      @_captain6696@_captain66965 ай бұрын
    • Thank you for your support I can definitely becomes successful in 2024❤❤❤❤

      @GrowwithPriya0808@GrowwithPriya08085 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.

      @memecat84@memecat845 ай бұрын
    • In sha Allah I ‘’ll be back next year this time sir ❤️

      @nasirahamed2321@nasirahamed23215 ай бұрын
    • I love this video ❤

      @NATURE03218@NATURE032185 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.

    @RitaMeyers-oc4le@RitaMeyers-oc4le3 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.

      @leonardblavatnik2690@leonardblavatnik26903 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@nicholaslinetti3 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.

      @nicholaslinetti@nicholaslinetti3 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.

      @mitchellerashica@mitchellerashica3 ай бұрын
    • I consult with:-

      @nicholaslinetti@nicholaslinetti3 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 🤞🏻

    @rodriguezolson4290@rodriguezolson42902 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.

      @CarolJ.Sorenson@CarolJ.Sorenson2 ай бұрын
    • I've searched the web for this lady you mentioned and I'm impressed. was able to leave her a message

      @Meadley-ec8nz@Meadley-ec8nz2 ай бұрын
  • RISK is the #1 component to trading! Great video Umar 🙏

    @carmine_rosato@carmine_rosato5 ай бұрын
    • 💯💯

      @orion_theartist@orion_theartist5 ай бұрын
    • Get in touch 🎉🎉🎉🎉🎉🎉

      @officalumar010@officalumar0104 ай бұрын
    • 1000%

      @cyberengineered@cyberengineered4 ай бұрын
  • 2023 was a warmup 2024 will be our year ( trading edition )

    @Faheem-Shah.@Faheem-Shah.5 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 👏🏽🔥

    @jerrynovember@jerrynovember4 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.

    @ArmyJedi22@ArmyJedi224 ай бұрын
  • 2024 is my year that's for sure. I will come back for this comment on September first, 2024!📈📌

    @Gabriell900@Gabriell9004 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!

    @ChristFollower1111@ChristFollower11113 ай бұрын
  • thanks for this vid man! been waiting for it!

    @brandomaydom416@brandomaydom4165 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👌

    @828FX@828FX5 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

    @kaizzeart6659@kaizzeart66594 ай бұрын
  • It is always a pleasure to listen to your content. Right on point !

    @Victoria-oq5yc@Victoria-oq5yc5 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

    @IOJR17@IOJR175 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.

    @techchannel9436@techchannel94364 ай бұрын
    • True

      @Personalgrowthniche@Personalgrowthniche3 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 ❤❤❤

    @hritulnawale6213@hritulnawale62135 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!

    @hawker358@hawker3585 ай бұрын
  • This video provides valuable information. While I've watched numerous KZhead 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.

    @anukapraise9708@anukapraise97085 ай бұрын
    • Get in touch 🎉🎉🎉🎉🎉🎉

      @officalumar010@officalumar0105 ай бұрын
  • My trading is switched to loss to profitable by your teaching video TQ so much sir

    @chiragjoshi2914@chiragjoshi29145 ай бұрын
    • Get in touch 🎉🎉🎉🎉🎉

      @officalumar010@officalumar0104 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 🎉

    @juliusduzinskas7203@juliusduzinskas72035 ай бұрын
  • Tq... After 3 years finally i found my edge.. 😅. I did not know why i did not see it early.. 😁

    @AbahAjie@AbahAjie5 ай бұрын
    • What is it..?

      @Ramboxclusive@Ramboxclusive2 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!

    @miwakeronix@miwakeronix5 ай бұрын
  • I appreciate your being candid . You are one among the few who talks absolute sense and helps the beginners. Keep it up 👍🏻 🙏🏼

    @vishalte@vishalte5 ай бұрын
    • Get in touch 🎉🎉🎉

      @officalumar010@officalumar0104 ай бұрын
  • Thank you for the info you share everyday. Keep up the good work.

    @leopinero479@leopinero4793 ай бұрын
  • please make a playlist on orderflow , explaining delta , max min delta , exhaustion and absorption with examples that would be awesome !!

    @AMANKUMAR-jt2hx@AMANKUMAR-jt2hx5 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 ❤️

    @gabbar_rj9996@gabbar_rj99964 ай бұрын
  • Always watching your video bro. And I learned a lot. Thanks.❤

    @taijuanderer@taijuanderer2 ай бұрын
  • Good one bro! Keep them coming!❤❤❤

    @freebird5170@freebird51704 ай бұрын
  • Awesome content.. Keep it coming. 💯

    @underrated_snkr_bs@underrated_snkr_bs5 ай бұрын
  • Thank you for all the Video you share with us, I learned a lot from you

    @carlosV-uy4gg@carlosV-uy4gg5 ай бұрын
  • Thank you so much for this amazing video!

    @kevinaugscholl5309@kevinaugscholl530924 күн бұрын
  • Thanks so much, Umar, this is truly a helpful video. God bless you and more power to you.

    @eufemiavarona5435@eufemiavarona54355 ай бұрын
  • Such a great video ever ❤. Thank you umar bhai.

    @Zeeshu-56@Zeeshu-565 ай бұрын
  • 8:00 You are speaking to me!!! Directly. 😮

    @chewie1355@chewie13555 ай бұрын
  • One of the most legit content providers on KZhead. 🔥

    @SamuelDauda_@SamuelDauda_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

    @user-uz3kn1ng2f@user-uz3kn1ng2f4 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..

    @elishaaneng6959@elishaaneng69595 ай бұрын
  • Always a pleasure to watch your videos :)

    @Mathias13012@Mathias130125 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.

    @AhmedFarislive@AhmedFarislive5 ай бұрын
  • umar bro i consider you my mentor. thanks for helping us out

    @walinaveedzafar123@walinaveedzafar123Ай бұрын
  • I believe this is one of the best orientation on trading. Thank you Umar

    @rachasree@rachasree2 ай бұрын
  • Thanks brother!! Nice content once again❤❤

    @user-zq6kb1dh4m@user-zq6kb1dh4m5 ай бұрын
    • Thank you govin for the positive feedback 🤗! Please remember to leave a like on the video.

      @Umar-AutoHelp-Bot@Umar-AutoHelp-Bot5 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

    @santokhsingh8133@santokhsingh81335 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.

    @englishglobally@englishglobally5 ай бұрын
    • ​Honestly he is definitely Among the best KZheadrs 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 .

      @Daisy-Travel-Vlog@Daisy-Travel-Vlog5 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!

    @SL-gd6rg@SL-gd6rg5 ай бұрын
    • Get in touch 🎉🎉🎉🎉🎉

      @officalumar010@officalumar0105 ай бұрын
  • Thanks alot man ❤

    @dealsxpress3152@dealsxpress31524 ай бұрын
  • Thanks for these Videos. It's appreciated. :)

    @terry4265@terry42655 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 .

    @bishnupokhrel15@bishnupokhrel154 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.

    @buttonman1831@buttonman18314 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

    @alexorozco2041@alexorozco20415 ай бұрын
  • Thank you for valuable knowledge

    @rupindersingh2476@rupindersingh24765 ай бұрын
  • Thank You Sir

    @sandesh0786@sandesh07863 ай бұрын
  • Great video! Very helpful...thanks Umar.

    @karenholt903@karenholt9034 ай бұрын
  • I really appreciate your content. Thank you so much for your support. This video greatly resonated with me. 🙏😊

    @fariborzboss@fariborzboss5 ай бұрын
    • Get in touch 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

      @officalumar010@officalumar0105 ай бұрын
  • I appreciate your content and advice.

    @rickysomething3786@rickysomething37864 ай бұрын
  • Umar is my guy! I appreciate you brother!

    @MackMittenzTV@MackMittenzTV5 ай бұрын
  • Thank you for helping all off us

    @tomasgryczka5737@tomasgryczka57375 ай бұрын
  • Thanks for sharing! Be humble everyday or get pummel by the market! Lets go 2024!

    @blackdiamondoffthegrid8703@blackdiamondoffthegrid87034 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?

    @TownklerTrades@TownklerTrades4 ай бұрын
  • Your tracks are meditative also.... Good for focus!

    @kcwise55@kcwise555 ай бұрын
  • Great content and a good path to be profitable, and successful 👏👏👏

    @Therealest65@Therealest655 ай бұрын
  • On point brotherman 🔥🔥

    @yentlecap@yentlecap5 ай бұрын
  • This is GOLDEN well done sir.!!

    @Diier_Ned@Diier_Ned5 ай бұрын
  • This video is a very VERY helpful tool for our journey. Thanks Umar

    @DasmSmash@DasmSmash4 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.

    @catharinajohannavandebank5964@catharinajohannavandebank59644 ай бұрын
  • Thanks for your advice

    @bonganijuniour1161@bonganijuniour11614 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.

    @adarshgmani@adarshgmani5 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

    @kytrung89@kytrung895 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 🇵🇰

    @inspirevoice@inspirevoice5 ай бұрын
  • brother u have most quality channel about trading.

    @juricanekic001@juricanekic0014 ай 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.

    @jesscassie1690@jesscassie169016 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.🎉

      @Philip_873@Philip_87315 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@johnathansteve614813 күн бұрын
    • Whats'app

      @johnathansteve6148@johnathansteve614813 күн бұрын
    • ┼ 1

      @johnathansteve6148@johnathansteve614813 күн бұрын
    • 33440.

      @johnathansteve6148@johnathansteve614813 күн 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.

    @pauliusurinavicius1617@pauliusurinavicius16175 ай бұрын
  • Your videos are really nice!!

    @cami1sim@cami1sim5 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

    @TheStrataminor@TheStrataminorАй бұрын
  • Thanks my Legend, Hope Every One to be Success full in this Journey, Love U All❤

    @Naamir03@Naamir035 ай бұрын
  • I needed to hear this 🔥🔥🔥

    @WalkingBankBone@WalkingBankBone5 ай бұрын
  • Thank you sir 🎉🎉🎉

    @bibhutibhusanmohanty8754@bibhutibhusanmohanty87545 ай бұрын
  • Superb.. Thanks for guidance.

    @manishtiwariUK@manishtiwariUK4 ай бұрын
  • Thank you Umar! Wish you even more success in your already outstanding career!! Greetings from Cape Verde Island, Africa!

    @kukmarley@kukmarley4 ай бұрын
  • Thnx bro for all the help

    @delhiitesyashyash561@delhiitesyashyash5615 ай бұрын
  • Just watching You and Raja Sir I have Grown Nowww I have soo many Things fron you 2guysss Carzyy Growinggg Thank you for soo much learning.

    @dilipchoudhary4192@dilipchoudhary41925 ай бұрын
  • Excellent!

    @kaboragratmaycar-shop4122@kaboragratmaycar-shop41223 ай бұрын
  • Thank you friend for sharing your invaluable wisdom with us.

    @Thenarayanaclips@Thenarayanaclips4 ай бұрын
  • Great video. Thanks!!

    @munniknieuwoudt1377@munniknieuwoudt13774 ай бұрын
  • Great advice, thanks for the video!

    @tobykelley4888@tobykelley48883 ай бұрын
  • Thank u for the video❤

    @Nilotpal.Sarma007@Nilotpal.Sarma0075 ай бұрын
  • Great idea thank you sir

    @SamuelOdoro-zz4eu@SamuelOdoro-zz4eu5 ай бұрын
  • Great video! Thank you❤

    @gunjita333@gunjita3333 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🎉

    @sdct27@sdct273 ай бұрын
  • Thank u bro 🙏🏽

    @Khalifapoii@Khalifapoii4 ай бұрын
  • Great video👏🏼👏🏼

    @erkan4720@erkan47204 ай бұрын
  • Thankyou umar for a genuine knowledge. It will helps a lot❤❤

    @anmoltandan7821@anmoltandan78215 ай бұрын
  • Thank you!

    @juliafelten7945@juliafelten79455 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!

    @DrErikka@DrErikka5 ай бұрын
  • Love bro 💯 🔥

    @jroccondatrack0783@jroccondatrack07835 ай бұрын
  • We appreciate you taking time to share your knowledge and experience. I like how you lay out your process very clearly. Very focused approach.

    @JP-vu6mz@JP-vu6mz5 ай бұрын
    • Get in touch 🎉🎉🎉

      @officalumar010@officalumar0105 ай бұрын
  • Excellent advise and presentation.

    @AliAnsari-qu1ks@AliAnsari-qu1ks4 ай бұрын
  • that's an amazing video! ty for sharing

    @piercarloscalamandre5204@piercarloscalamandre52045 ай бұрын
  • You are the only guy I can listen to all day

    @sukhrajkhaira6267@sukhrajkhaira62675 ай бұрын
  • Thank you for this👍

    @ayaanlifts@ayaanlifts2 ай бұрын
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