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

[@SMARTMASTER2448]

You are profitable

[@GhotFX]

you holding yourself accountable at this level is admirable as well

[@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!

[@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.

[@angelantonio3147]

Your Channel has really improved my Trading thank you Umar

[@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.

[@DonDonny01]

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

[@FxChieftain.3805]

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

[@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.

[@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

[@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.

[@parthrajpal3574]

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

[@raywill9149]

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

[@tradingjourney2]

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

[@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.

[@peterrajds7]

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

[@Soleis23]

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

[@Boiidann_fx]

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

[@neilhess2518]

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

[@ventacode]

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

[@LiorCohenOfficial]

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

[@trading_selo.]

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

[@Pepstermine1]

So real. So helpful. God bless from Thailand ❤

[@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?

[@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

[@mr.walker8700]

trading psychology is helpful for me. Thank you.

[@JackDaws0n]

W Umar You the hero for this community

[@abhishekjha2309]

I found you at the right time. Thank you.

[@carmine_rosato]

Losses are wins as long as the loss is managed, plan was followed and learned something from the trade! Great video bro 🙏🏽

[@edysupermaster1673]

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

[@georgeacquah5943]

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

[@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.🙌👊

[@Gmer00]

Keep making more videos about losing!! Love it!

[@spacegator6376]

Excellent. Thank you very much.

[@LongTu167]

Amazing video, thanks very much Umar !!!

[@janvycital6911]

love it . A lot of respect

[@arpankarmakar15]

You are exactly right there, unexpected things happen.

[@delistacks]

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

[@augustofernandezcastex7994]

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

[@baloialex1984]

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

[@IsraelArellanes]

So good Bro bro thank you for this ☝🏽

[@MGadzhi]

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

[@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?

[@bradmeltonrealtor386]

Great video, thank you!

[@GhotFX]

i will watch this every morning thank you umar

[@itsmikocruz5258]

Thank you brother

[@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.

[@livingwithlos]

Fantastic video thank you

[@kaushik935]

Hi Umar, I Thank you for building my trading Mindset

[@BahramQ]

Thank you for the video my man!

[@FactsSpeech]

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

[@RameshKumar-lp6op]

Brilliant analysis of trading psychology

[@XTRADERXNYC]

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

[@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

[@ER-vy8bs]

Thank you sir for sharing your valuable experience.

[@mmm-cake]

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

[@dumi.1637]

Great video!

[@petergideon2381]

Great video, it would really help my psychology

[@55win52]

Great video clip! Thank you.

[@B.g30.koenigU.]

Hey bro thanks for your videos!

[@Nerdwizzy]

What a Real Trader 👍🏻👍🏻

[@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.

[@themoneyteaminvesting5518]

Thank you for your words of wisdom sir

[@nirajwankhede82]

Great session sir , it was really helpful

[@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

[@rohitkumarsingh3443]

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

[@ankitagrawal988]

Love ur videos bro 😊❤love from India

[@izuddin1978]

Accept good losses. thanks for sharing

[@shuaibabdulraheemabidemi3706]

Lesson well learnt

[@bcrysinfinity7323]

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

[@akashpantha]

NOTED. Thank you sir 🫡

[@Justjn_investments]

Love from Atlanta

[@chikujena8422]

Thanks sir for your support

[@dopextraders]

Thank you Umar sir❤🙌

[@aashiqueelahi8492]

everytime I see your videos I feel a bit more motivated and disciplined. And you being realistic about the dark side of trading is just "WOW".

[@shrikrishnapanchal3136]

Informative ❤

[@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.

[@Shoemaker30]

Absolutely awesome guidance, as always. You have a way of delivering content that is good for beginners and those who are advanced and have been trading for years. Folks, I can't stress enough, this IS trading. This is how it actually looks and the things that you deal with daily. Listen listen listen. Thank you for the content and keep it up!

[@hussaindholkawala9023]

You are true inspiration with value addition advisor on forex trading by far the most reasonable person in authentic way.

[@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

[@MackMittenzTV]

The legend ! 📊🙏🏾

[@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.

[@ArielHenriquez-ro3rs]

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

[@zeinab1024]

I lost 10,5 k and 90% of my account, and this video helped me at the moment. Thank you!

[@nnamdiedeh6010]

Thank you

[@nomskie83]

Thank you sir Umar from Philippines🇵🇭🇵🇭🇵🇭 for keep us be decipline and better trader god bless

[@jeffallen8026]

Good stuff 👍🏼

[@user-sy7yu6nr8e]

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

[@johnngige6811]

i didnt take this seriously until now and i have noted i do repeat the same mistakes oftenly which results to BAD losses.A mojor growth to me if i follow this advice.

[@kemalanpillay6102]

thanks bro.

[@Ali_M22]

GREAT VIDEO THANK YOU

[@shashwatshrivastav1025]

Thank you so much mann😘🤘🏻

[@northsidesal]

Thanks for info 👍

[@C4_Markets]

Umar thank you

[@ashraz1709]

Preach brother!