How I Recover From Trading Losses | Step by Step (2024)

#trading #daytrading #tradingpsychology
In this video I talk about how I deal with and recover from trading losses.
I use TradeZella to track and journal my trades.
www.tradezella.com/?via=umar
Follow my socials:
Instagram - / umarashraf
Twitter - / umarashraf
0:00 Intro
0:49 Good Losing vs Bad Losing
3:23 How Do We Become Good at Losing?
5:51 How I Deal with Trading Losses
7:59 Ask Yourself These Questions
10:00 Outro

[@UmarAshraf28]

How do you deal with trading losses? Comment down and let me know what you struggle with when it comes to taking losses.

[@Iamradheyadav]

Sir hindi video bhi baniye ❤❤❤❤

[@bohemiasaifi9580]

Asslamualaykum bhai

[@williamwiehahn7777]

Alot of things...loss of 30% my account but...

[@KARTHIK_VEERA]

I breakdown my trades and journal it by writing, i identify my mistakes too and try not do the same in next trades..new mistakes with my calculated loss is always welcome, i love the losses with good lessons than a bigprofit😅..this mindset is came from u my brother 🙏 lots of luv from India 🇮🇳

[@rockgamerz1m]

My Bad Losses Is Earlier Entry And When My Stop loss Hit I do Overtrading After market Close I see my Trades And I feel very Regret Because Of my Bad Losses I try Last Six Months but I do same Mistake again And Again 😔 Good Thing Is this I Trade Only 1 Lot 😅

[@abhishekbhoi381]

1. Risk Management 2. Mindset 3. Market

[@alliswell7834]

Love from India 🇮🇳

[@user-bm9zu1je7z]

❤ yes

[@sheikabdulsarthar1815]

Yes

[@suvendu2831]

He doesn't care bro

[@029-b-mukeshkumar6]

Also

[@georgeacquah5943]

I will one day meet Umar Ashraf and tell him how great his videos has help me and now I've also become a multi millionaire 😊❤

[@teadizzygaming]

Never met someone more relateable. I hope to see you on that pathway!

[@GhotFX]

you holding yourself accountable at this level is admirable as well

[@masculinesun]

Trading teaches me more about life than life itself. The game of chance and risk is basically life, and of course everyday can't always be a win, some days, weeks and months will be bad. Thank you for this video, it all depends on your mindset

[@jacobharvey790]

This just helped me out a lot, I had a losing day today, but I followed all of my rules and didn’t know what I should do. After watching this I reviewed my losses for the day and realized that while I was in profit, the market structure shifted and I stayed in too long until it stopped me out. I realized I need to work on being more objective while in trades instead of having a bias.

[@lorodz]

So much to unpack here! Thank you for this. It will take a lot of pain and thousands of losses to actually appreciate what you just said here. Thank you thank you thank you.

[@carmike7671]

Thank you for this video I agree losing definitely hits triggers and being unprepared is big that one lost can either be brushed off easy or snow ball to something harsh

[@abdullahal-shimri3091]

Umar, this is one of the best videos you’re ever made. Today I had a ‘good’ bad trading day - I entered according to my plan but the market was disturbed by unknown variables and I hit my SL. Good thing is I only lost $70. Thank you for the good work you’re doing and inshallah you’ll succeed in life.

[@peterrajds7]

Thank you for sharing your experience and laying out key pointers as checklist that others can follow

[@FxChieftain.3805]

This is Psychology 101, exactly it needs to be taught thank you, Umar.

[@parthrajpal3574]

Youre amazing man , you keep it simple and easy to understand market sentiments , entry and exit points .

[@tradingjourney2]

You see eh, this kind of videos is more valuable than all these circular videos right now.... Great one bro ...keep it coming ❤

[@Soleis23]

This is trading psychology master class ! Thank you Umar appreciate your work.

[@DonDonny01]

Damn this is such a high quality vid in such a short time. Bless

[@elyseejean4286]

Bro, you are an amazing person...your teaching is outstanding..my trades were really on my game plan but ending loosing anyway. you give me the motivation to get up and reevaluate my losses.

[@user-zj9hy1qq8p]

I needed this video and it came at the perfect time. because it was my bad losing day and It affected me badly and I was about to quit trading. Thanks Umar for inspiring and I will practice and will go as you said. amazing video

[@LiorCohenOfficial]

Thank you so much this is exactly what i needed to hear right now ❤

[@neilhess2518]

I LOVE that way of looking at good losses: Business Expenses. I'm hanging on to that nugget.

[@darthsiddious7469]

These psychology videos are so valuable in a platform where everyone just wants to show TA and sell courses. Even if I don't trade like you, I appreciate the content and transparency, brother.

[@JackDaws0n]

W Umar You the hero for this community

[@tammypeters749]

The reason you highlight the losses as well as wins is the main reason I consider you my favourite trader. Thanks for the nuggets.

[@Boiidann_fx]

Wow I really needed this. Thank you 🙏 🫡. Love from Jamaica 🇯🇲 ❤

[@mr.walker8700]

trading psychology is helpful for me. Thank you.

[@raywill9149]

Glad I found your channel Talk that Talk Keeps me in game mode 💯

[@ventacode]

Thank you so much..... you literally saved my mental state

[@ElonMuskDailyLife]

Thanks a lot Umar for this video, very helpful indeed as i was losing everyday so far. I wonder if you could make a video on different trading 'Set Ups' that you talk in your other videos?

[@delistacks]

Great stuff here Umar ty. Got to be aware of the bad winners also!

[@angelantonio3147]

Your Channel has really improved my Trading thank you Umar

[@augustofernandezcastex7994]

This is a very powerful stuff. No much people is talking about this.

[@mantask666]

Thank you my man for lessons,as for bigger trader its a lot useful,dont stop doing this great job.all the best Traders all around the world.🙌👊

[@arpankarmakar15]

You are exactly right there, unexpected things happen.

[@Gmer00]

Keep making more videos about losing!! Love it!

[@BahramQ]

Thank you for the video my man!

[@GhotFX]

i will watch this every morning thank you umar

[@rohitkumarsingh3443]

need more videos on full breakdown of your trades and reason behind it in full depth

[@janvycital6911]

love it . A lot of respect

[@Pepstermine1]

So real. So helpful. God bless from Thailand ❤

[@AdamBaileyMusic]

Losses are a part of learning. I’ve had pretty large losses and the biggest way to come out of that negative experience and thoughts comes from finding out how it all went wrong and reevaluating my level of risk.

[@UmarAshraf28]

Agreed. Losses are apart of the game, but not massive losses. Losses that are well defined and MANAGEABLE are okay, anything outside of that isnt good.

[@baloialex1984]

Wee all need this painful but healthy trading psihologi. Thank you!!!

[@mmm-cake]

👏👏👏 bravo. I’ll rewatch this occasionally to remind me

[@abhishekjha2309]

I found you at the right time. Thank you.

[@trading_selo.]

Umar, thank you bro. Really great and helpful content.

[@LongTu167]

Amazing video, thanks very much Umar !!!

[@shashwatshrivastav1025]

Thank you so much mann😘🤘🏻

[@kaushik935]

Hi Umar, I Thank you for building my trading Mindset

[@dopextraders]

Thank you Umar sir❤🙌

[@ashraz1709]

Preach brother!

[@FactsSpeech]

Your the most amazing person in this industry Walhi lots of respect

[@hasanal-dhabyani1950]

Hello Mr. Umar. In case nobody has told you, YOU ARE THE MOST HONEST TRADER HERE AS A KZbinR! And I have the utmost respect and appreciation for all your effort. Keep up the good work 💯

[@ajfernandez1179]

are you sure with that?

[@dumi.1637]

Great video!

[@MackMittenzTV]

The legend ! 📊🙏🏾

[@ER-vy8bs]

Thank you sir for sharing your valuable experience.

[@themoneyteaminvesting5518]

Thank you for your words of wisdom sir

[@edysupermaster1673]

I love your mental shift, I will love to adapt this with my trading strategy, Thank you @Ashraf

[@IsraelArellanes]

So good Bro bro thank you for this ☝🏽

[@saadaqcade9632]

Well said 👏🏿

[@grvvv]

i needed this perspective... to resurface..bcuz for almost 4 weeks i was trading smoothly... daily making satisfactory profits and minimal losses few days... but yesterday i just lost all that profits that i earned in last 3-4 weeks... all because of the shattered psychology. initially i was only making loss of 20% of total loss i actually lost yesterday... all bcuz of not letting go.. no stepping back and stubbornly overtrading as well big lot sizes. this all messed my mental algorithm and flow that i built in last few weeks.

[@nirajwankhede82]

Great session sir , it was really helpful

[@amanyageofrey7702]

THANKS UMAR FOR THE GREAT INSIGHT. YO THE KING OF TRADING PSYVH COZ EVERY TIME AM LOW IN THE MARKETS, I LOOK UPTO YO KZbin CHANNEL

[@Dirtbaggscotty]

I love these type of video it re ground me when i lose and refocus me because i definitely over trade and and try to revenge trade

[@padmarajsh7470]

Good video Thanks for sharing

[@55win52]

Great video clip! Thank you.

[@ArielHenriquez-ro3rs]

Thanks, needed this video, been studying for around 3 years but it has been choppy, won’t give up tho

[@petergideon2381]

Great video, it would really help my psychology

[@bhaveshchaudhary6064]

Much Love Bhai❤

[@jeffallen8026]

Good stuff 👍🏼

[@shuaibabdulraheemabidemi3706]

Lesson well learnt

[@jacobusred3619]

F*ckin love this guy.

[@akashpantha]

NOTED. Thank you sir 🫡

[@izuddin1978]

Accept good losses. thanks for sharing

[@Monastirski]

Appreciate the content

[@Somethinghavetodo]

Brother We want more informative video like this.

[@XTRADERXNYC]

The only real trader on KZbin..maybe there are more and I just haven’t seen them 😮

[@itsmikocruz5258]

Thank you brother

[@northsidesal]

Thanks for info 👍

[@trainfortrades]

Great video ❤

[@chikujena8422]

Thanks sir for your support

[@georgeacquah5943]

I always learn something new whenever I re-watch Umar's vidoes. You're a blessing to me Boss ❤

[@B.g30.koenigU.]

Hey bro thanks for your videos!

[@Ali_M22]

GREAT VIDEO THANK YOU

[@spacegator6376]

Excellent. Thank you very much.

[@rajveersingh-nw3os]

Great learning

[@dctredr]

Umar bhai big fan of you 🎉❤

[@ajaysaha5590]

sir you deserve millions subscribers, 🥰..

[@MGadzhi]

Completely honest... you are the platform´s best source of investment education.

[@Nerdwizzy]

What a Real Trader 👍🏻👍🏻

[@C4_Markets]

Umar thank you

[@7timesmmachampion]

How I deal with trading losses? Eg- if I have 10000 dollar account I'll trade with 1000dollar a d trade with small quantity and Instead of focusing on money I'll focus on my system and build confidence. 👍🏻👍🏻👍🏻 Still a beginner making losses but controlling it.

[@bradmeltonrealtor386]

Great video, thank you!

[@motiveistimotivate]

I made loss in profits yesterday and today I was in good profit but end up taking a loss was very disappointed of my self but after watching this video and reviewing my trades I feel like I have made profits such is class of umar thank u

[@user-sy7yu6nr8e]

Very Strong point Umer Brother love you from Pakistan thanks for telling us more knowledge about Trading ❤❤❤❤ Love from Pakistan

[@mbongoyanguba2071]

I really needed this... Lost - 13k aswell..

[@bcrysinfinity7323]

Thank you sir umar for this tips and video...very useful to me many loses and still breakeven

[@shrikrishnau2947]

Nice one and thanks . I also want to add, just like how you define a good loss and a bad loss, we must also define a good win and bad win. This will help us to avoid mistakes in the long run. If one wins in a trade which is not as per the game plan or strategy (by fluke) then it should be a bad win and this must also be avoided.

[@shrikrishnau2947]

Hi ... Thanks for the acknowledgment. Learned a lot from your videos.

[@sanjaydeore-hs8zn]

Tnx bro for informative content

[@syahrulminikings]

Thank you this is helpfull

[@plutonarayanan1233]

sometimes if I see small losses.. I will be happy because of warmup for the particular day to run and understand\keeping more eye chart\aggressive watch on momentum. Loss teaches me more lesseon.

[@livingwithlos]

Fantastic video thank you