I think it gets easier over experience, when you're more confident and better you can trust your plan more. That's how it's been for me.
@Andrew-bb6it4 жыл бұрын
Hello mates where are you from?please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@LateNightYinzer3 жыл бұрын
@@Andrew-bb6it "Please do not be deceived by this fake person" - Fake person
@qamarmood11573 жыл бұрын
Facts
@kookokooko-xg5uo3 жыл бұрын
@@Andrew-bb6it can u help me?
@sabarigopi172 Жыл бұрын
Experience is the only thing that can help you become better which requires time and patience. I have figured what he's saying already and is 100 percent accurate for me as I tend to become emotional most of the time yet it is really difficult for me to practice this while in the live market so yes it gets easier with time when you keep at it, not afraid to make mistakes, improve yourself constantly and became a better version of yourself, more disciplined every week until you become a "trader". One who's in love with the process.
@rayb3000 Жыл бұрын
That is the best advice ever. I take half off then set a stop 2 points away (very tight) then walk away and do something else for an hour and come back. Never disappointed.
@ernestovillegas2477 Жыл бұрын
Not looking at you p&l and just focusing on the the set up is a great way to calm down your emotions
@dreamrunner46803 жыл бұрын
Who can even dislike this? This is pure gold!
@adityasethia612 жыл бұрын
i found that with experience you build enough confidence in your system that you know when to hold and when to not. Another crazy thing I found that imagine that you are long in a position, think where a seller would sell or if you were a seller where would you enter on a short side trade. I hope it helps.
@LJM2stepspain4 жыл бұрын
letting winners run is huge. Probably one of the most important parts of trading. There is no need to be right every trade. its nice to be right more often than wrong, but the key is having bigger winners than losses. Know when to cut losses and move onto another position, and also know how to ride out a winner to milk out as much as reasonably possible. Many of my trades I take profit early, but every now and again you catch a lotto ticket and you won't beat the market overall unless you know how to take advantage. Traditionally that may not be the best advice, but these days you may catch facebook on a day where its running $15 or Zoom today which dumped big time. Completely outside the normal trading range and probably over a 1 standard deviation move. Gotta be able to identify those and ride them out. This is where TA and reading the tape/chart comes in. As you said, emotions get the better of everyone in those times.
@Andrew-bb6it4 жыл бұрын
Hello mates please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@bytesizedwisdomcs3 жыл бұрын
this is so true, probably the main thing I need to work on on my trades, I take profits at 2R and then watch the trade pop to 6R before consolidating for the rest of the day
@samtavoosian30592 жыл бұрын
@@bytesizedwisdomcs what about selling partial and hold a few shares?
@imtiyas4707 Жыл бұрын
Simple explanation . It's about setting trailing stoploss . And guys following word is belongs to me 1st. It's a v3 content . V3 means verymuch valuable video .
@JOSHUAINSIGHTSКүн бұрын
This has been a real challenge for me, but I’m getting better with experience, the market always rewards the skilled and patient
@Yog_Los_Mas4 жыл бұрын
New trader here. From all the research and technical analysis learning I've gathered, I find this by far the most useful technique. I cannot believe i never thought of this, it feels so logical! Lock in your profit while you ride an uptrend/breakout while leaving room for more profit! I will definitely try this approach! I feel like my green percentage just shot went up because of you. You got a new sub!
@Vipertrades10 ай бұрын
Great video on Friday I sold TQQQ position way too early. I had nice gain but had I just let 1/2 position I woul have gained a lot more. Keep in mind I am happy with the exit. I was in the trade for over 20 days. Thanks for your input and support. We all need this because we are learning.
@ShoresOfHelll2 жыл бұрын
Excellent points in this video. Psychologically once we lock in some profit by closing some contracts it takes some emotions away.
@naydendelchev4 жыл бұрын
Great video Umar, I am really glad I watched this at this exact moment! I keep spotting the perfect opportunities in the markets, ie. symmetric triangle, go long on the confirmation of the breakout but then ending my position early when price retraces and the mind plays tricks on you, but this video really connected with me as this has been happening a lot to me lately with not holding positions long enough. You smashed it with the example of $500 profits and then when it goes down to $400/$300 the mind just asks all sort of questions and you end up making a panic move and selling and then regretting it lol... Thank you, truly appreciated.
@bryanlucas58754 жыл бұрын
I’ve been struggling with this, I’ll be up for example $500 and it goes down to $400,$300 and I keep thinking oh I’m still up it’ll go back to $500 and I end up breaking even or a loss. Thanks for the video, I will try this approach from now on.
@Andrew-bb6it4 жыл бұрын
Hello mates where are you from??please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@teddymoore9938 Жыл бұрын
Man, you are unbelievable that’s the same thing that I will do scale out and take some profit and let the rest ride. You are a great teacher. Thanks for your information!👍👍👏👏👏😂
@doge75854 жыл бұрын
Umar i like the consistency as our mentor in SML. Some so-called "mentors" out there do it differently. Your style of teaching and your modules in training are very unique it even teaches how to train our minds and emotions in and out of trading including meditation and all. Training our mind plays a very very important role in trading. It's more important than being so knowledgable about technical and fundamental analysis. Thats your difference between some "mentors" out there. Thank you very much you changed my life. Big big big credits also for Usman and the rest of the team. -from your Filipino SML student batch May 2020 :)
@irisjobs87004 жыл бұрын
Highly imperative ...i love to trade , who else does...Really frustrating for most traders esp beginners though i was lucky to meet a reliable profession at an early stage. She's the reason when i see great videos like this, i put them to great use .......she's a woman with focus, a woman with real purpose ,tutors and guides with integrity
@davidgarry34494 жыл бұрын
I love to trade though , what about her made you lucky ......am curious
@irisjobs87004 жыл бұрын
@@davidgarry3449 She made me a better trader i am today at least been proud to say i make good profits out of her skills and tactics i acquire from her ...she made me realise how to take an opportunity when i see one...
@Admin-jm4kf4 жыл бұрын
Her name is Dr Lydia virginia woodruff. My colleagues now has realised the importance of Lydia as an account manager and an advisor..my guys were shocked when i told them i made $7000 in 12days with $500 invest,now they're running to invest 😂....mrs Lydia is a Genius ❤
@irisjobs87004 жыл бұрын
@Márcia Silva + 1 ( 7 7 3 ) 7 9 6 - 3 2 2 2
@irisjobs87004 жыл бұрын
Her availability via Whats App👆👆She did it for me ....and proved herself ...she can still do it for you ....she is an ideal woman
@sommi8884 жыл бұрын
🧡💛💚💙 I scalp on 1-minute chart all day in Bitcoin, the only way I got myself to consider holding longer is to look at my 15-min chart and if I think its going to continue I will say "I will exit when this 15-min candle finishes the Close on Green" Otherwise its just too hard to sit through the up and downs on my 1m in 🧡💛💚💙
@beanhole1232 жыл бұрын
It's crazy to think i missed something so obvious yet effective thought. I'm going to try this trading with 1% of my trading account and closing half at 1% profit.
@miguelrueda49754 жыл бұрын
Great Advice. I have been doing this for the last few months and my profits have gone up considerably.
@TravelnExplore-SK4 жыл бұрын
Thank you. The most important thing in trading is psychology. I understand.
@aak483 жыл бұрын
Can’t believe this is free,,, thank you big bro
@bill.Latham Жыл бұрын
I have found it helps to know your stragety therefore going into the trade one can set a profit target thus having some idea of knowing what to do because once you are in the profit and don't know what to do the emotions will get the best of you every time.
@raydonaldson98784 жыл бұрын
Good job Umar I literally left a comment on one of your videos asking for you to do a video on this subject!! Enjoyed your video man. God Bless!
@CashmereMercenary9 ай бұрын
This idea of trimmig has made a huge difference im telling you.
@jasontaylor22374 жыл бұрын
you recently replied to one of my comments on the exact subject. the one from the new trader who took your course and was having success but I commented that if he would stay in the trade longer he would be making way more money. good to see you came back with a little insight on this matter. Great video. I'm thinking about taking your course as I'm struggling right now. keep up the good work.
@michaelsturgill736 Жыл бұрын
this video is pure gold man fr
@AlejandroGuimoye4 жыл бұрын
Love your vids man. Always to the point, no fluff and filled with golden nuggets galore! Thank you my friend!
@ZenTradeGame3 жыл бұрын
Damn this should have way more views! One piece I’m struggling with. Watching it run to the moon 🌙 while I sold days before 😂 🤦🏾♂️
@LALAKERSHOW4 жыл бұрын
If I let my winners run these last 5 months my 5k investment would be like 30k, I went up to 10k and now down to 6k, and regretting not letting all those winners run when I went up to 10k, but from now on I’m using this strategy and letting winners run because like u said with a full position it’s way to emotional holding it up and down up and down etc
@Heart2HeartBooks4 жыл бұрын
This is excellent info. Taking some of the emotion out of it! Love it! Feeling more calm...(I have 250 secured) I can relax a bit. Enjoy the ride.
@JayAbreu124 жыл бұрын
I trade based on percentages instead of the actual number. For instance, Day Trading if I will take a +10% profit. Once, I hit +10%, I will sell my entire position.
@JAYFULFILMZ3 жыл бұрын
This was the one bro! The best advice on this topic!
@yosingh74792 жыл бұрын
I have made this mistake of not booking unrealised profits and have ended up in losses in that trade only.. as option buyer remember one thing it's not like a stock which if you hold will grow.. it should be seen just as momentum weapon.. and focus on booking profits whenever you are in profits.
@AH-hz5xc3 жыл бұрын
Most important is tawakkul in ALLAH
@DonWavyy.4 жыл бұрын
Thank you so much this just happened to me with BA 🙏🏾💯
@Flow_State19914 жыл бұрын
Ba was at a nice price last week. I made good money in paper this week.
@cheskys.59102 жыл бұрын
Shout-out to this man's handwriting
@kylacrump4 жыл бұрын
This was so good. I was in a trade on Friday (OTC) I was up $324 and thought it would keep going and ramp up into the close. Boy was I wrong. I turned a winner into a loser. Thank you for this.
@thefullenergychannel28792 жыл бұрын
You didn't bring the stop loss up to break even maybe
@ganesha73164 жыл бұрын
Agreed. Most of the time my winning trade ended in loss because of holding to it and emotions.
@konkwovictor93844 жыл бұрын
If you think you've failed in forex trading I'm glad to introduce you to the most amazing manager Mr Alex Thomas. In fact all hope was lost until I met him, this amazing manager who changed my life in just one week, My friends i will forever be grateful to Mr Alex Thomas for helping me recover all my losses. Words cannot explain or express how grateful i am. If you have lost a lot in forex trade a trial is all you need to get back on your feet… you can reach him via WhatsApp
@konkwovictor93844 жыл бұрын
+ 1 9 1 4 7 2 1 0 1 7 0
@mucmac35863 ай бұрын
that was a great advice. better secure some profit and continue with less risk and stress than mess things up and lose all profit or even worse - go red big time
@crypticsailor Жыл бұрын
Great vid, thanks. I've been doing this subconsciously and just didn't realize it but this crystalizes the ideas.
@pass_gt85624 жыл бұрын
it's such a simple concept but I didnt apply it to my trades all these time?! thanks so much sadly i sold too early during elections and well the stocks just kept spiking up, if only i came across this vid earlier
@LALAKERSHOW4 жыл бұрын
It’s never to late, the market is not going anywhere, as long u have the skill and u pick the correct stock more often than the wrong ones than u could start letting ur winners run with this strategy
@fausto4123 жыл бұрын
best video i've seen from Umar.
@OkieTradez2 жыл бұрын
one must distinguish if a stock is a longer hold and which one is a scalp per say.. when you can define which patterns deserves what type of target i think well all be better off
@darwinmolina85314 жыл бұрын
Video is so clear. Thank you
@j_d1gz3 жыл бұрын
This is what i needed
@Think_Dig_Find2 жыл бұрын
Add-in structure knowledge and its game over. Because that bonus intel will give your the probabilities of where the market may end up if it went negative or positive.
@TH-cq7bj4 жыл бұрын
yup, scalping is good. gotta work on that
@nubeblanca5702 жыл бұрын
In order to feel comfortable with holding a position it is instrumental you know how to read the tape and volume indicators.
@Chuck25o4m3 жыл бұрын
Taking profit can is largely a function of position size relative to total account size. I can understand someone with a smaller account who is usually trading concentrated positions having the mindset of generally locking in profits early to free up capital for the next good trade opportunity. Someone with a larger account (say $1million or even just $100k) can easily get into a $10k position on a stock and just let it run. Since they have other capital available to trade other good trade opportunities.
@insidedianeslife24562 жыл бұрын
This is just what I needed to hear.
@shahzaibjahan1112 жыл бұрын
MashaAllah thanks brother!
@ripper2693 жыл бұрын
Scalping is the highest method on every trading strategy
@TheamazingPK4 жыл бұрын
Thanks for this. The only thing that bothers me is when I enter into a trade (I do options) I usually size in about 5000$. Now that being said if I take out half when I secure a profit, let's say 1000$, I still have the downside of about 2500$ if the stock doesn't go my way. I'm thinking maybe I should sell 3/4 of my contracts. But then again you said this is only for stocks that you see have a good upside potential. Thank you!
@Andrew-bb6it4 жыл бұрын
Hello mates please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@dancorso2344 Жыл бұрын
An even better way is to trail that first profit target tightly on a lower timeframe just in case it breaks out of that level, that way you get the best of both world.
@iso01ful8 ай бұрын
Thanks for great video . I am controlling my loose but i let market to decide my gains sometime it works great for me . Locking up the profit is best idea in my opinion because reduce to emotion gives you more patient to wait and see if you can get more some more
@2OD94 Жыл бұрын
I really love this idea I know it’ll help a lot
@megynkelly1803 жыл бұрын
as newbies we want to see you make a video on Holding a small trade until the day is over. a small 500 dollar account trades. and see how far high our profits will get. with a 500 dollars. Please do a video like this! it's very interesting.
@aXque Жыл бұрын
What makes it hard is "knowing" if this is the point the stock/index decides to go higher, if at all.
@caveyray4 ай бұрын
Perfectly explained. Great advice. Thx!
@kingdariusrocks4 жыл бұрын
Valuable strategy right here bro! 🔥🔥
@tonyburry90364 жыл бұрын
I support this guy so much, been following him since day 1! I wonder if he explains his online class just the way he explained this?? Been wanting to take his class bad just haven’t, needed to be fully committed into this trading. Umar great job explain this to us. Be safe!
@manciamusic Жыл бұрын
To make winners run a trader need to know market structure very well ...be very familiar and comfortable understanding price behavior and trader behavior
@friedpistachios10 ай бұрын
Well said, thank you. Very reasonable approach.
@hdcontents66883 жыл бұрын
Lol Rama in the back doing her own thing 😆
@tradingsuccess2132 жыл бұрын
You're a great teacher
@zeekosuave6812 Жыл бұрын
I love you Umar shukran for this free game
@streetfoodhunter70993 ай бұрын
Great Video Umar..thnx
@Piyusharman4 жыл бұрын
Great idea👍
@Thetaleswithin10 ай бұрын
Thank you so much so much friend for this amazing and helpful video.
@xNorder4 жыл бұрын
This video was perfect for me. I love these videos
@LongTu167 Жыл бұрын
Many thanks Umar for sharing !!!
@SaifAli-ou8rr4 жыл бұрын
Thankyou for the videos bro
@oj2314 Жыл бұрын
This helped me today, Thanks Ashraf.
@250milliondman Жыл бұрын
Great video!!!! Love how you break it down!!
@devshah17518 ай бұрын
Thank you so much for such great insights!
@jddlr9366 Жыл бұрын
This was beautifully put together brother. Great Job. I always knew I should've been taking partial profits but just couldn't come up with a system that convinced me lol. Got 3% to go on my phase 2 and I'm definitely implementing this in my trading from now on. Like Comment & Subscribe well deserved. Looking forward to watching more of your content for sure.
@bcetinstitute3016 Жыл бұрын
Do you move your stop when you take half off the table??
@NickEdsonBasketball4 жыл бұрын
Excellent video
@nicholasmehlert3 жыл бұрын
This is amazing Umar, thank you brother. Question for you, do you ever size up at any point and when? Or are you always scaling out?
@surisuri79034 жыл бұрын
Thanks bro !!! 👍
@txmtrader01 Жыл бұрын
HEY BRO AMAZING KNOWLEGE
@theknowerandtheknown3 жыл бұрын
Just put your SL at 250 dollars locked in profit and see where it goes from there. Lock in profits at 300 or 400 even. Or am I missing something here?
@merrickpowa58463 жыл бұрын
Hi where are you from buddy
@merrickpowa58463 жыл бұрын
Greetings and happy new year 🥳 ,I live here in Texas, I Just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Raini he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him.,he is very honest and trustworthy he will guide you to make consistent profits
@merrickpowa58463 жыл бұрын
Rainititan@gmail.com))
@915greenhornet Жыл бұрын
Just did this today great advice
@Topcat-yx3hd4 жыл бұрын
i have watched several of your videos and find them informative, therefore i subscribed. too bad it seems that many of the commentors (bots) on your videos are pushing their own agendas with crypto or recommendation services to ride on your success. stay true
@danielboyd778 ай бұрын
I think the truth is, there is no "right" way to take profits on trades. It's a very individual choice based on one's own emotional balance. You can't trade in hindsight, only in the present so going back and looking to see what you "missed out on" is a fools errand. If you can take more money out of the market than you are putting in, you are doing good. Be happy with that!
@FaisalQadeer3 жыл бұрын
Great advice and very well explained brother. I usually follow the same strategy booking the profit. Other strategies could take out your initial capital once the initial target meets and leave the free money to run.
@merrickpowa58463 жыл бұрын
Greetings ,I live here in Texas, I Just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Raini he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him.,he is very honest and trustworthy he will guide you to make consistent profits
@merrickpowa58463 жыл бұрын
Rainititan@gmail.com)
@VBVTV Жыл бұрын
Very good strategy. I tend to sell too early, too.
@marioStortuga Жыл бұрын
If it reaches my take profit. Im closing 80% hold 20% move my stop to break even. Let it run. Either way I'm not losing that way.
@darreni89934 жыл бұрын
Umar do you ever add to your position. Start with 100 shares and as the price moves up you purchase more. Using a Trailing stop to protect your downside?
@Andrew-bb6it4 жыл бұрын
Hello mates please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@jeffreywalter46964 жыл бұрын
The crypto market has proven to be profitable overtime but it all depends on your choice of of investment. Investing wrongly might have you ending up with losses and no one wants that.
@delanogary98324 жыл бұрын
Trading Crypto is very profitable especially when you trade with the right signals. More importantly an expert trader
@lylalance78444 жыл бұрын
My advice to anyone going into cryptocurrency trading is to get yourself attached to a broker who will make good returns on your investment
@brandonrussell31724 жыл бұрын
How does this whole bitcoin thing work. I'm interested in it but I am going to need help from a trusted and productive professional.
@nicholasroberts39304 жыл бұрын
I will recommend Mrs Meredith William's trading services to you. Her strategies are working for me at the moment and I am making good profits from bitcoin investments
@nicholasroberts39304 жыл бұрын
Here + 1 8 4 5 2 4 3 0 4 6 1
@ashvinb19844 жыл бұрын
Great video, awesome way to ride the winner
@rico313z4 жыл бұрын
Great video just what I needed to learn
@Andrew-bb6it4 жыл бұрын
Hello mates please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@AndresReal19984 жыл бұрын
Good stuff man. Recently started doing this and im always in the green i spread my orders out as it goes up i take and initial 25% and then 10% as i reach resistance levels typicialy by the time i reach the top the stock is worn out and makes a reversal which is where i end up selling the rest of my bag for profit if you do this enough times you become a money printer.
@AslamKhan-nj4jv2 жыл бұрын
So u always in the green whn doing this strategy
@alanowens7327 Жыл бұрын
Love the content.
@contourman66923 жыл бұрын
This will work for some traders but it won't make you rich. Small account traders should not be buying 100 shares at $100. If you only make 500 or 1,000 on trades you will more than likely have an equal number of losing trades that will offset this small gain.
@merrickpowa58463 жыл бұрын
Greetings and happy new year 🥳 ,I live here in Texas, I Just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Raini he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him.,he is very honest and trustworthy he will guide you to make consistent profits
@merrickpowa58463 жыл бұрын
Rainititan@gmail.com)
@mubasharaziz5464 Жыл бұрын
Amazing man 🎉😊
@mohammaddaher30734 жыл бұрын
good job my friend , very helpful thanks
@Andrew-bb6it4 жыл бұрын
Hello mates please do not be deceived by this fake people out there.I got scam twice before now,as a beginner it’s not really easy to know the right broker,until I met this man in the store 🏬 when he was talking to a student I head him talking about forex which got my attention to him,I told him my story and he asked me if I’m still interested again which I told him yes. and he started helping me,now at least I am not the best but I am really making a huge profit as I invest,if you are interested please contact him now. he is very honest and trustworthy,contact him now at (Andrewwilliamq1@gmail.com)Stay safe all of you
@chefstevekirsch2 жыл бұрын
Good video! Thanks for the tip!
@ThierryHenry1 Жыл бұрын
*After taking 50% of profit out, do you move your stop loss at break even or do you put a trailing stop ?*