Don't regret that you needed that to be where you are now.
@chinwiefongyen7162 Жыл бұрын
Yeah you're right to fail is not the problem is how you react to it
@Mbstocks20208 күн бұрын
Exactly
@zozo5065 Жыл бұрын
Man it's like you're reading a book of my first two years 😂
@piyush_4519 Жыл бұрын
🤧🤧100 percent
@shahbaaz4024 Жыл бұрын
It's probably most people.
@naimahmed3720 Жыл бұрын
Felt the same lol. I guess every trader has a similar beginning.
@mr.variety Жыл бұрын
Hey right now im in the phase that he mentioned, im in my first year, can you give me tips? And my impulse is too high while trading any tips (i risk low but still)?
@zozo5065 Жыл бұрын
@mr.variety Journaling. Journal everything during your trading day. What the market context was, what set ups you took. Most importantly, your emotions during the trading hours.
@randyallen8213 Жыл бұрын
I feel you brother. I’m a year and a half into Trading and I’m just now getting it. I didn’t take it seriously until I blew up my account a few times.
@mr.variety Жыл бұрын
Hey right now im in the phase that he mentioned, im in my first year, can you give me tips? And my impulse is too high while trading any tips (i risk low but still)?
@ecstakeen1359 Жыл бұрын
Noobs lol
@thangmm9721 Жыл бұрын
@@mr.varietybest advice I can think of is to listen to some trading psychology, especially during trading. U might know and understand it but as soon as ur at the chart, you don’t even consider it anymore. Same with me. So I think it might help to listen some psychology while trading. Listen to the bad side of stranding, making u understand while u trade.
@parasharp2810 ай бұрын
Can you share how you guys moved forward, in material sense after the realization!
@Conscious_Rap4 ай бұрын
I discovered that I suffered from this same issue 2weeks ago, and I understood that whenever I was intentional and I had a plan, my trades worked, and even if they didn't I'll still be proud, because I was engaging in the process. But when I became unintentional and not having a plan, that really had a negative impact on me, I'm presently working on myself
@JohnJohnCrusher Жыл бұрын
That was a necessary part of your journey bro. You have to go through that to develop your strategy
@teddymoore9938 Жыл бұрын
You are so right man you are so deep the knowledge that you possess. It’s unbelievable man!
@Sheedaja Жыл бұрын
Same here, you learn along the way so don't be sorry for your time
@TheOnyx3821 Жыл бұрын
You can't do that until you get experience. Once you blow through a ton of money and learn how things REALLY work, THEN you get it.
@shahbaaz4024 Жыл бұрын
@@suggondees4882If you really have that control over yourself and you implement that then you are special. Bcuz inspite of all the caution and advices, My hard head wouldn't just follow thru with it. So much that in a paper I would write down 'things never to do' and how badly it has affected me, And I had it pasted in a wall, Yet once Trading started I lose control over myself. Now after losing total capital of 3k$, Now I really understand the gravity of my mistakes and strictly am following a system.
@davidjulien236 Жыл бұрын
Because smart money is in on the game to.
@danacarney9951 Жыл бұрын
Yes, sometimes mistakes and huge losses is the best teacher
@sabarigopi172 Жыл бұрын
His contents are so so good. Keep the strategy consistent, second he said "keep the risk consistent" which is so so important without which you cannot become profitable even if your trading accuracy is at 70%. I can explain more but that'll make this the longest comment in this comment box.
@ExperienceFinancialPeace Жыл бұрын
Facts! I spent the last 4yrs on and off. Jumping from “mentor” to mentor, course to course and strategy to strategy just to find myself in a worse place and wasting 4yrs on this journey. 🤦🏻♂️
@jaylaarmani3697 Жыл бұрын
Damn… currently experiencing paralysis analysis, watching the markets for hours and doing nothing
@bisskittTV Жыл бұрын
same.. but when i take a trade, i always lose... then revenge trading starts and i will lose again and again
@carmenc3067 Жыл бұрын
glad i m not alone 😂
@maybefuture_youtuber2655 Жыл бұрын
I'm trading 1 share at a time so it's not as risky but I still hopefully learn from it
@mrask803 Жыл бұрын
We are all living same life brothers
@JohnyTurquoise Жыл бұрын
Normal, your brain will slowly start to recognize the patterns and price flow that is familiar to you..but it could take 4 months, could take 4 years. Keep the risk light b/c there will be mistakes made as market direction shifts and changes. You want to try to avoid having the mistakes be so heavy and costly. Hope you’re analysis is getting more tuned. I guess it spends on what you are trading..but when looking at SPY, I trade the Index Dow Jones..correlates with SPY. Sometimes the NY open price moves really fast..sometimes it takes 30min maybe 2 hours for the market to find clear support after all the early liquidity..at least giving you confidence/better clarity in placing good stops and letting the rest ride. What’s been helping me a lot recently is..literally..give the market time to wobble around, finding its “balanced” state. And if you are still having a hard time reading the chart flow..just keep reviewing the chart and pay close attention to how it eventually bounces of an area from NY open time, that’s if you are trading US Equites/SPY/Indices (from my experience). Just sit on your hands and observe how it likes to dance around at the open..things will begin connecting. I intentionally put all my focus and energy into understanding the US30 Index, Dow Jones..which is basically correlates with SPY. So watching Umar’s trades, I can now understand what he’s talking about..but it’s taken just over 4 years for me. Prop firms are nice too, if you have a decent trade system that works for you. Just keep the risk low..so you don’t have to ever worry about hitting your daily max loss on prop firms. I began with FTMO, but there’s many great firms out there. For example, if you’re max daily loss is $10K on a prop account. Risk like $500-1000. No need to rush..keep it light so your emotions are well balanced. It’s your personal journey. Learn from others, take bits and pieces and do what gravitates to you more. 🙏💯 Just a tip..I experienced the same thing..watching the price action for hours on each session..even during Asian/London session when there’s almost no volume..but it helped me learn sooooo much. Nice thing about Index trading is that you can easily enter a position pre market or after hours..helps me “be in line early” before the major moves begin to happen. Sometimes the pre market / after hours moves happen aggressively too before NY open. Quick example..during this most recent CPI data report..I was going long before the open, but I was rationalizing my decision based on technical price action. Market pumped right at 5:30am aggressively and then continued to go a higher during NY open. So it felt nice being able to be in early without the stress for making a decision during the open.
@frostedflakes5524 күн бұрын
You can be super intentional and always have a plan and still get smoked lol
@pipibrasci823 Жыл бұрын
Cant be better said than this. Long term - Quality over quantity. For me it was 4 years of chasing money (2018-2022) and not focusing on self mastery. Now its all about self preparedness before getting into the market then observe the market and play. Money becomes by-product.
@anuragdahiya942311 ай бұрын
so how much time have u been in the market
@kimsekalera539410 ай бұрын
process over outcome, the money is a side effect. you cant know that until you experience it.
@bemmietv471911 ай бұрын
Hours do have an impact.. good observation time do make us recognize what the market is trying to do…
@xXbatzeXx20 күн бұрын
Love the mental aspect that u put in trading! Good content
@Jdjwjdjzbsjwbb10 күн бұрын
Everyone goes through that phase so I think its not a bad thing. It made you who you are now as a trader. Good luck everyone on their trading journey
@JASHALL10 Жыл бұрын
So true. Everybody thinks that if they 5 years or 10 years, it’s supposed to mean something, but I’m reality, it all depends on what you do with that time.
@zgree Жыл бұрын
same mate, I am actually at this point after 2 years of staring at the monitor.. how did u overcome that?
@bisskittTV Жыл бұрын
i feel you bro... . im at this stage right now
@mr.variety Жыл бұрын
@@bisskittTVme too brother, 1st year lets see where god takes us
@kimsekalera539410 ай бұрын
completely disconnect from the outcome or the money, cultivate the habit of consistently showing up and doing what you're supposed to do every single day not what you want or feel. put all your effort on the process over outcome and in a years time you'll be on another level mentally.
@gurumannn2601 Жыл бұрын
Nowadays . its not scarcity of information. 😂 but its overloaded. Many which u dont even need 😊. 1 STATMENT. ONE STATEMENT FROM A WISE MAN. IS ENOUGH. ITS ALL BOU TIMING. HE SAID TO ME . 😊 IF U FEEL MARKET WILL GO DOWN. IT CAN GO UP TOO. DONT 😂😊 . JUST PRACTICE UR WAY
@samssp14 күн бұрын
Quality of trade with best intentions, so true..
@Darionix16 күн бұрын
I believe these years were really important as well.. We need experience in the market to then define and discover what we are looking for. Otherwise how can we ever know on day 1. Looking back it eas worth!
@nivia8606Ай бұрын
That's me too honestly 😊 I even wasted 3 years being that way 😢😂
@leviprentice568910 ай бұрын
Even though what he's saying CAN happen. Maybe it's a good thing as you are finding yourself, costly to donyes BUT you eventually find your ground then build from there. I'm sure we’ve all been down that path before 😎👍
@ashfaqthouker425 Жыл бұрын
100% right bro same is happening with me after 2 and half years still searching myself
@jkoresh5483 Жыл бұрын
The biggest trick I have learned is t only trade I. The direction I f the higher TF’s like weekly and monthly. Another lesson I have learned is s to enter on the deep dip and avoid breakouts at all cost.
@timmtimmtimm4 ай бұрын
After four years in Trading I'm just now starting to see results my only indicator is price action I don't need complicated chats 🚀
@undercover_trader Жыл бұрын
Market takes time so we need more time to understand if you are willing to be trader I think we need a time and we will get better result just don’t give up
@ABHI-dl4dc Жыл бұрын
I am very grateful i know these things its been 3 months *I started trading" actively i mantain my journal, plan trades, learning to manage my risk cuz its like in the video, trying to improve every day. , Also sticking to one strategy
@Nngwane10 ай бұрын
Also took me 3 years😅so glad I won't be wasting years...i stick to the same strategy and it works🎉🎉
@suhaybaadan192010 ай бұрын
Me too 5years Like this situation I feel you thats pain 😢 but the Least 1month I understand my mistakes now Iam Going To change the mind set
@yiha8523 Жыл бұрын
Well said. Always be intentional with your plan and never take short curve to succeed.
@Deonpowel7802 Жыл бұрын
The qualities of diligence you put into the time.
@wishyouwerehere360 Жыл бұрын
Totally agree I think the first years we absorb as much as we can and that’s where the anxiousness to trade comes in without having earned our stripes
@mr.variety Жыл бұрын
Hey right now im in the phase that he mentioned, im in my first year, can you give me tips? And my impulse is too high while trading any tips (i risk low but still)?
@maxminkkinen2031 Жыл бұрын
Honestly I feel like you do a great job telling people how trading is for real 🙏 if you are a new trader it’s a long journey and this man is telling the truth 👍 this man can give you the short cut if you have right mind set 🧘♂️
@prodbytwokay Жыл бұрын
I felt this. Now I only trade if it hits a support or resistance level 3 times and is over bought or oversold on the rsi but before that I’d jus wake up n see oh we bearish for the day lemme get a short position 😂
@manisholi7241 Жыл бұрын
So how did u get intentional can you please make a video addressing specifically this problem. And solutions you took … time it took you and your journey after this. I myself struggle with this alot. It would be of great help and great content as well … love what u do broda
@OldMR0226 күн бұрын
Follow you rules only, never break
@kingdavidtrades18 күн бұрын
True. My first month I didn’t even know why I was looking for. 😀
@successstepbystependyartdr4361 Жыл бұрын
That’s we’re I am at this moment losing a lot too many strategies
@yolideable11 ай бұрын
Hello Umar, I am a mother of 4 living in South Africa. I started trading in May 2022 gain a lot at first but then lost everything and more…Would you mind being a coach/mentor? I need help🙏🏾
@emaN-bk6ot Жыл бұрын
I'm having the same experience right now as a newbie to trading. I don't have any strategies and no intentions of trading. Although I chart my trades, I'm just unplanned, and there's no strategy that I can stick to for the rest of my trading career. I'm only a college student and use my extra allowance to fund my trading account. Any advice you can give?? How can I find strategies that best suit me?
@nasar233811 ай бұрын
To all new trader please watch Mark Douglas video on how to think like a professional. Long video but worth it for your trading psychology
@CorySPB Жыл бұрын
no doubt!! I have rules.. market open what rules. Money aint real. Up 15k down 7k. up 10k. down 20k. I killed it!!!
@42pratikshinde7810 ай бұрын
This reality I have leaving Actually I feel the same I am 1.5 year In market but still I will not Focus I don't know why but I can Learn a lot right now I will definitely do it..✨
@nerdsineth3711 Жыл бұрын
pivoting to influence trading seems nice
@Mr.Whites_Futures Жыл бұрын
If you go back to my early entries in my trading journal you’ll see this video relates to me 😂
@Johi00111 ай бұрын
As a beginner in the field, what advice can you give me because I am confused and do not know where to start and which lessons to choose?
@Thedarkfiles96414 күн бұрын
I won't really call that a regret per se. I'll call it a phase instead. It happens to every beginner
@bwc200021 күн бұрын
I dont think the hours wasted..that was you being new and experimenting etc .but you are actually subconsciously absorbing the behavior bof the markets and slowly gettign a sense of how it behaves.. and learn what not to do subconsciously. Everyone inthink went through that. Regardless if you focus on trading fulltiem or parttime. Noone thst started learnign trading can have a discrete plan etc because they dont know how the market does..even with a mentor, they mittht not truly experienced the dkow of the markets if they act like a robot. The best learn In science is labs which means experimentation...with or without a plan..same with trading.
@bwc200021 күн бұрын
Man, so many grammatical errors .but ain't correcting it since I have a bandage on my thumb as I'm inputting the comment on my phone.. so excuse moi.
@jonasreiter413310 ай бұрын
Man i am in my first 2 years and i also do all this stuff. I said to myself that i go away from Scalping and Switch to H1-H4( i trade smc) . But if i have my level of interest found in the higher time frame, i go back to 5min and try to catch a trade too my interest level. Dont know how to stop this
@13ElevenMusikStudio Жыл бұрын
I'm a beginner. I've been trading but...I kind of guess. I have no strategy really. How do I become like you?
@ChrisS-tr9fy Жыл бұрын
What did u discover about yourself or what would u say u need to identify in yourself to develop a plan that suits you
@Jeguia853 ай бұрын
Well you might have a plan, but the Markets might have a different one though 😅 you need to ride the waves when you see the markets
@shahbaaz4024 Жыл бұрын
I did exactly the same except, My mistakes got me kicked out of the market in 3 months. 2.5 lakh capital out.
@rhymeaddict Жыл бұрын
So what charts are those? I recognize footprint. What's the other one? Is it heiken ashi??
@mr.variety Жыл бұрын
Hey right now im in the phase that he mentioned, im in my first year, can you give me tips? And my impulse is too high while trading any tips (i risk low but still)?
@paulnyagini Жыл бұрын
Honestly I have no regrets in my trading safari.
@PAP3RMAN.732 Жыл бұрын
Quality dude right here. Thanks for the Gems.
@Tum_Tum_ Жыл бұрын
If someone survives first 2 years of trading and doesn't repeat any mistake, he's gonna earn a lot...
@khadermohiuddinmohammed3977 Жыл бұрын
Everyone goes through this. Instead, if u share your setups, that would be great.
@harsukhsingh2914 Жыл бұрын
Been doing this last 12 years nothing gonna happen if you watch screen for hours. Market has no rules , its all loss management
@logicmlgaming6362 Жыл бұрын
Thanks for advice 🇵🇭
@elouisehubert Жыл бұрын
Been 4 years in this game and all I know is small profit is still profit.
@Wealthcraft4.0 Жыл бұрын
This depict what I am facing like now, I have even blown multiple live account (small sizes over and over, now I have resulted to demo trading
@Anson-jc5yt Жыл бұрын
Anyone knows what is that chart with column of values beside the candlestick chart where he is sitting looking at his phone.
@harderwalk.606 Жыл бұрын
same here brother its ok❤
@johntooth1886 Жыл бұрын
I have made every mistake possible. But getting better.
@iluxtoday Жыл бұрын
I think you should not be regretful about those years because those years made you a better trader. It was all part of the learning process.. I would say those years were part of the growing process. i would only be regretful if i knew i can improve at something and not take action.
@Luffytoro Жыл бұрын
Same here until I got knocked out
@gwailo27 Жыл бұрын
This is me right now. Different strategies, no strategies, Win some lose more. Hours and hours starting at the monitors.
@shanghai2058 Жыл бұрын
Learn a strategy and don't change it ever. Stop looking at youtube and what not.
@VELOCITY2123 Жыл бұрын
It is the reality that 95% retailers exist
@ikramhaider7995 Жыл бұрын
Thank You Umar Bhai Its Speciall Point's
@imumairaslam Жыл бұрын
How much risk is recommended in one trade in %?
@kevinngatia8808 Жыл бұрын
Nebz hana chills haha khaiii 😂
@kevinngatia8808 Жыл бұрын
Imeisha poa though ❤
@thetraderbunny Жыл бұрын
What camera you using for this?
@auwaaccess Жыл бұрын
Thanks Respectively For Your Success
@lloyd7909 Жыл бұрын
We all saw similar videos when we started... Still thought I could wing it,
@sagevoix5873 Жыл бұрын
Is losing money all the time considered as consistent? 🤔
@AutopilottradingMarketTechTalk Жыл бұрын
Well Done!!!
@LowJackAP Жыл бұрын
2 years in been tacking it more serious I'm on the charts every day now for the past few months This is me down to a T.
@mr.variety Жыл бұрын
Hey right now im in the phase that he mentioned, im in my first year, can you give me tips? And my impulse is too high while trading any tips (i risk low but still)?
@LowJackAP Жыл бұрын
@@mr.variety well some basic tips that I use that works for me is only trade one ticker each ticker seems to have its own characteristics like I trade usd/jpy on forex only (if your stocks I would do spy) never zoom in too much I use weekly, daily, 4 hour for direction and reversal trades and use the minute for entry. but what really helped me is decreasing your position sizing to a point where you could almost care less if it wins or looses that puts your mind solely on the price action. you'd be surprised how much a couple 100pips moves will add up. but really it's just experience you need to find your balance and figure out what type of trader you are. sorry tried to keep it short hope that helps :)
@shi_ben74 Жыл бұрын
sir how I can start trading? please help mee
@kaizzeart665911 ай бұрын
I no longrr loik at the screeen i just use alerts and that really helped me
@wyattthacker3679 Жыл бұрын
The master has failed more times than the amateur, only because has tried more
@blueshik Жыл бұрын
Bro czn u tell me what is trading edge I'm a beginner
@ALMANSY95 Жыл бұрын
So what advice you give some who starting?
@Jumbotronblahblah10 ай бұрын
I have the same regret as him. Only diff is he broke free and i am still stuck in the matrix.
@churchillhubert2342 Жыл бұрын
This is the plain truth, but u didn't add thepart where said trader expects everything to go his way coz he thinks he deserves it
@advancetraderxx Жыл бұрын
What you mean by no edge at the market?
@TheBlwigg Жыл бұрын
Mine is using indicators. Indicators destroyed my trading for my first 5 years.
@joeking5215 Жыл бұрын
After 1 year of trading and blowing my account few times I learned to respect the market. Now I'm not profitable yet, but at least I'm not blowing my acc anymore 🤞
@karanN-hx1sq Жыл бұрын
Make video how to increase capital
@sophiabrown2005 Жыл бұрын
Great video. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@perezcamelia1273 Жыл бұрын
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
@erikacristina9567 Жыл бұрын
I'm amazed you mentioned Katrina susan, she is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service
@martinthomas9371 Жыл бұрын
Pls how do I reach out to herr
@perezcamelia1273 Жыл бұрын
Katrinasusan is the name to look for
@Joelgarcia47 Жыл бұрын
As a first time investor I started trading with Katrina susan with just a thousand bucks. my portfolio is worth much more than now within just weeks of trading with her
@Homeostasis8118 күн бұрын
Lack of interest 😊
@Iamfascot Жыл бұрын
Actually I have been like that for two years straight too..and its painful 💔 😢
@nevaxvirtuoso917 Жыл бұрын
This is so true, it is just like my story
@jentorninos.ballen9269 Жыл бұрын
Umangat na kayo ha sira na ninyo buhay ko happy kayng tao nakasira sa buhay ko ba pag laruan ninyo vuhay ko matalinu kc kayong tao
@zlatcrypto Жыл бұрын
However you needed this 2 years of "nothing" to learn what your edge is. It's necessary
@jleefx10 ай бұрын
and thats exactly where im trapped rn
@Mr.SarwanAliBughio-hb2uc Жыл бұрын
Will you help me I want to trading but I have not facility to trade I have not loptop and trading books