There is actually a holy grail, which is so profoundly simple. Proper risk management (risking 1% or less), and following a strong trend instead of fighting it thinking it has to reverse. The market only pays you for doing what you're told to do. We are not here to predict the market, or figure out the market with economic news. We are here to make money.
Also remember to close your trade early if price is going against you instead of bouncing off a support or resistance zone. Start your trades as a 1:1 and manage them. Never let losers run. Let winners play out.
Exactly. 1% risk per trade and you got 100 tries. 3% profit target and above per trade and you’re good to go. And if you’re lucky after break even and the market just follow the trend on the bigger timeframe. 100 tries, 100 bullets, but if you lost all then you’re really a bloody idiot
Just buy even if it looks so overbought is the most important lesson to a new trend trader can learn. Set your stop below the nearest swing high and use a trailing stop is something I wish I knew a year ago
Remember kids, when they can't make enough money in the markets, they try to sell you courses. In life only take advice from the super successful people. Everyone else doesn't know how, even if they think and tell you they do.
Thanks Umar I needed to hear this..I ended up blowing my account because I had 4 wins in a row, I associated my new trades with the previous ones and thought my strategy is perfect, I over risked. The trade went in my favor and then came back to even, I doubled down, only to find the market going in opposite direction, got scared and moved my stop losses. I BLEW MY ACCOUNT. But hey there's a lesson learned there.
not true, there are strategies that work 100% of the time, however, they're so rare you won't stand to make much. They're rare, Like once every 2-3 months, while watching 150 markets rare.
That strategy is called days of studying and recognizing every candlestick, chart pattern, indicators and then years of practice and experience which will break you, make you unhappy, just like any other thing you are trying to master.
Trading is the most stressful thing I've ever done. These UA-camrs aren't making money trading; that's why they sell courses and push clickbait. They won't show you how-it’s all for views. Save your time, buy books, and teach yourself. I'm learning that the hard way.
you are absolutely correct Mr umar only the market will tell you the direction it will move to not you, all you need is patient and wait for the right time to enter and to exit
100% right. Moreover, people are too focused on strategy rather than risk management. What you do when your position is loosing? How do you make that money back?
That's the truth. With years of trading experience, i can vouch for that. People selling you shit are mostly lying, learn to read the market and trade the news if you can't then find another career.
People lay it out to those looking to learn to trade as if there is a "perfect" strategy or a "perfect" indicator for their own gain. We need more people like you homie. Transparent and honest. Learning to read a naked chart, will definitely be more beneficial in the long run, in my opinion. Keep grinding homie, God bless 🙏🏽
Imagine a trader life is a tiger 🐯 in forest, Tiger waits , analyzes , waits for time , hides in the bush and catches prey , and fights with it. This is a retailer's journey of success. Case A If the prey is stronger , the tiger quickly escapes , it compared with escaping with small SL. Case B If a tiger is fighting with prey , imagine you have not reached target nor stop loss Patience is wealth here. Case C Prey in control of the tiger means you are in a safe zone and we can trail profits here.
I think what he wasnt to say is there is not an ultimate strategy for every single trade. You need to know what kind of market you are dealing with then use a specific strategy that works with it. So the simple say is to keep searching for knowledge and learn.
Umar is really telling truth! Seen a lot of this guy's videos and frankly, he is excellent in presenting his quite substantial knowledge and experience of trading
and same time he has many mistakes inside his answers. so difficult to decide he know what he speaks about or not. often it looks like he read about and repeat only what he read, because he dont understand often simple facts and what he talks about (thats why this mistakes often inside).
True, nothing works 100%. But I made a process that suits me with a low risk low reward strategy which gets 1% on a good day and loses 2% on a bad day where I tested it 50 times with my real money and gave 47 times profit and thrice losses.
I recommend just finding what works for u such as forex stocks crypto and then have 1-2% risk management and then learn if u wonna trade based in supply and demand or candles or support and resistance
Thanks for the video! Quick question: I have USDT in my OKX wallet and the seed phrase (hollow story caught crew bargain nation crop holiday skate write blue imitate). Could you guide me on how to transfer them to Binance?
Learn to read the markets , who is in control(buyers/sellers) , look for important points on D/W chart, apply good technical analysis , fundamentals plus patience and you will see some great results.
Thanks for the breakdown! 🤔 I have a quick question: 🤷♂️ I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
What about a strategy that works for one pair really well and not another? That bothers me. For example I can do well on EUR/USD and not on GER40. Does that mean that I am bound to a temporary edge which will be shattered in the future, or indices / pairs hold their core behavioural traits over time?
Appreciate the detailed breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
I would always enter to early so nowi wait till the next day or so when i see setups or i will scalp it only at first because i know the manipulation is coming yo stop out retail and sometimes ill even take the opposing side of what i see it still isn't as easy as im alease losing to ill do the opposite to alwase win because the market can and will screw both side of the trade traders with volatility somtimes u just gotta be ok with drawdown
Thank you so much for this amazing video! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
The trend is your friend. If a market is trending up, and you buy at a good pullback level that holds nicely and rejects, chances are you'll hit take profit. It's so simple, yet my stupid brain always deviated from the obvious, or it tried to look for reversals. Humans are actually very self-destructive creatures. Trading has definitely taught me that humans try to overcomplicate everything.
@@dee23gamingye bro I enter on pull back into a fvg and target next high or low or supply demand area or fvg. But the trade is always in direction of market structure. It’s a good way to trade trend and stocks always have some sort of trend around open.
@@SacredCASHcow Depends if you are trading with the trend or doing mean reversion. The shorter the time frame the more important the entry. If your hold time is 2-10 minutes then the entry is more important. If your a swing trader the entry is far less important than the exit.
![How I Beat the Mental Game of Trading [After 5 Years of Failure]](/img/n.gif)
There is no secret ingredient… It is you/your mindset/psychology that is special. 🐼
Risk management and patience.
It is a probability business. WE have to make differents scenarios and stick to the one which respects our plan.
Now apply it instead of saying. 😂😂😂😂😂😂
@@ilovemyindia2140😂
@@ilovemyindia2140💀💀💀💀
There is a perfect trading plan. It is the strategy that makes the most sense to you. Then it is about knowing when to not trade.
Without strategy how you plan a trade please can you tell me
@@scalper_bhushanyou cant. You will lose everything if you’re not lucky and get every trade.
@@scalper_bhushanyou're basically guessing
no statergy plan is no trade
i would find a strategy that works for you first then make a plan around that and stick to it
There is actually a holy grail, which is so profoundly simple. Proper risk management (risking 1% or less), and following a strong trend instead of fighting it thinking it has to reverse. The market only pays you for doing what you're told to do. We are not here to predict the market, or figure out the market with economic news. We are here to make money.
You just changed my mindset about trading. I looked at my trading journal and only realized that I lost mostly when I was chasing trend reversal.
Also remember to close your trade early if price is going against you instead of bouncing off a support or resistance zone. Start your trades as a 1:1 and manage them. Never let losers run. Let winners play out.
Exactly. 1% risk per trade and you got 100 tries. 3% profit target and above per trade and you’re good to go. And if you’re lucky after break even and the market just follow the trend on the bigger timeframe. 100 tries, 100 bullets, but if you lost all then you’re really a bloody idiot
but how do you do it?
Just buy even if it looks so overbought is the most important lesson to a new trend trader can learn. Set your stop below the nearest swing high and use a trailing stop is something I wish I knew a year ago
100% true.
Only trend followers make money.
❤
Exactly, try to find the trend twice or thrice in a week and only those time you enter.
Great man ....that's the real truth of trading
No one telling to people... trading is a game of huge practice and discipline ❤❤❤❤
Remember kids, when they can't make enough money in the markets, they try to sell you courses. In life only take advice from the super successful people. Everyone else doesn't know how, even if they think and tell you they do.
Who are the successful ppl u talkin about ? The ones I know sell courses too 🤣
Thanks Umar I needed to hear this..I ended up blowing my account because I had 4 wins in a row, I associated my new trades with the previous ones and thought my strategy is perfect, I over risked. The trade went in my favor and then came back to even, I doubled down, only to find the market going in opposite direction, got scared and moved my stop losses. I BLEW MY ACCOUNT. But hey there's a lesson learned there.
100% Accurate and True.
Yup.. after watching this.. few fcrs will still search for signal group and indicators... 🤣🤣 You know we need those 95% lossers for our earning.
@@FibbGoddesswho “95% lossers” when u ain’t even profitable.
not true, there are strategies that work 100% of the time, however, they're so rare you won't stand to make much. They're rare, Like once every 2-3 months, while watching 150 markets rare.
That strategy is called days of studying and recognizing every candlestick, chart pattern, indicators and then years of practice and experience which will break you, make you unhappy, just like any other thing you are trying to master.
Trading is the most stressful thing I've ever done. These UA-camrs aren't making money trading; that's why they sell courses and push clickbait. They won't show you how-it’s all for views. Save your time, buy books, and teach yourself. I'm learning that the hard way.
Preach brother u sound like me talkin to my friends on daily about this
love❤ from INDIA bro.
every time u talk you talk 100% accurate and true👍
you are absolutely correct Mr umar only the market will tell you the direction it will move to not you, all you need is patient and wait for the right time to enter and to exit
i mean, there is a special indicator ... major support and resistance levels....
I still do think the best way to make the most profit trading is to trade the trend.
100% right. Moreover, people are too focused on strategy rather than risk management. What you do when your position is loosing? How do you make that money back?
That's the truth. With years of trading experience, i can vouch for that. People selling you shit are mostly lying, learn to read the market and trade the news if you can't then find another career.
Spot on
what is a good source for news ?
Bro spitting facts 🔥
2 words : medallion fund
Bro chewing facts
Yeah bro spitting on u .
U r the proof
Most honest person ❤
People lay it out to those looking to learn to trade as if there is a "perfect" strategy or a "perfect" indicator for their own gain. We need more people like you homie. Transparent and honest. Learning to read a naked chart, will definitely be more beneficial in the long run, in my opinion. Keep grinding homie, God bless 🙏🏽
@owthattickles8738I feel your pain. I was once there
I trust this trader strongly for some reason , he seems pure , new subscriber
Imagine a trader life is a tiger 🐯 in forest,
Tiger waits , analyzes , waits for time , hides in the bush and catches prey , and fights with it.
This is a retailer's journey of success.
Case A
If the prey is stronger , the tiger quickly escapes , it compared with escaping with small SL.
Case B
If a tiger is fighting with prey , imagine you have not reached target nor stop loss
Patience is wealth here.
Case C
Prey in control of the tiger means you are in a safe zone and we can trail profits here.
Risk management is all you got to stay profitable
I think what he wasnt to say is there is not an ultimate strategy for every single trade. You need to know what kind of market you are dealing with then use a specific strategy that works with it. So the simple say is to keep searching for knowledge and learn.
You are the man for being honest. You shine over the others
Umar is really telling truth! Seen a lot of this guy's videos and frankly, he is excellent in presenting his quite substantial knowledge and experience of trading
and same time he has many mistakes inside his answers. so difficult to decide he know what he speaks about or not. often it looks like he read about and repeat only what he read, because he dont understand often simple facts and what he talks about (thats why this mistakes often inside).
Very nice topic and idea.Very informative, very humble, keep up the awesome videos. I will follow you
Then market is only for great observers and quick learners. ❤ who are willing to adapt anything quickly. 💐
Yeah there is. It’s DCA. Dollar Cost Averaging but with good investments.
True, nothing works 100%. But I made a process that suits me with a low risk low reward strategy which gets 1% on a good day and loses 2% on a bad day where I tested it 50 times with my real money and gave 47 times profit and thrice losses.
can you provide the strategy
@@a2kefacts254Dont even bother homie most dudes on here have time writing their whole life but when it comes to help others they going be quiet
I'm trying to understand trading and prepare my self to start trading but the more i watch video the more it complicates.
I recommend just finding what works for u such as forex stocks crypto and then have 1-2% risk management and then learn if u wonna trade based in supply and demand or candles or support and resistance
Start with the basics like wysetrade youtube channel and once you know it move over to MentFX/Casper SMC or ICT if you are serious
That why i always follow your talk i got alot thanks for emphasizing
I believe it's just research and news awareness.
It's better than nothing, if not, i don't know what is.
This is the universal truth💪💪💪💪💪
Out of all languages he chose facts 😎
Such a honest person✅❤
Literally the eyeopener for me at the right timee
I really like your honesty 😊
👏🏻👏🏻👏🏻 finally someone said something
The best trade strategy is no trade at all
Daily challenges keep things fresh for me always up for a bonus challenge to spice up the game night 🌙
How you are being so awesome at teaching ❤❤❤
Every video worth so much value ❤️
Not yet, I've been glued to the cricket betting. There's a match bonus for new games. Did you know 🏏
Thanks for the video! Quick question: I have USDT in my OKX wallet and the seed phrase (hollow story caught crew bargain nation crop holiday skate write blue imitate). Could you guide me on how to transfer them to Binance?
Learn to read the markets , who is in control(buyers/sellers) , look for important points on D/W chart, apply good technical analysis , fundamentals plus patience and you will see some great results.
Tried one of those live game shows after reading a blog post it’s fun plus the bonus win was a nice touch 🎭
Actually there is but not for many people, it is geared for people who already have money and want a 2% to 10% guaranteed income per year.
Thanks for the breakdown! 🤔 I have a quick question: 🤷♂️ I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
You just have to be able to sense the flow and then have the drive to act at the right time. Everything else is incidental to flow.
There’s actually only that the magician never reveals his tricks
makes me laugh when i see someone trynna act smarter
Facts 🤣🤣
After 2 years i realized the secret strategy is you. Its your experience and intuition
Bro i have been watching your video about strategys for 40 Min . . .
I swear Umar ❤ thank you BOSS.
Yep, 100% all true! It takes time and discipline!
thanks bro for telling me the truth ❤❤❤
then could you please publish the order flow indicator in Tradingview ( but you don't do that)
That’s because stocks are a 50/50 short term play.
You can increase your probabilities with options.
Night slots are my secret hit it big with their midnight bonus offer free spins just when you need them 🌚
facts people think candles stick is something it’s all bear & bull buying and selling you just need to know what side to be on
you can do both!!
What about a strategy that works for one pair really well and not another? That bothers me. For example I can do well on EUR/USD and not on GER40. Does that mean that I am bound to a temporary edge which will be shattered in the future, or indices / pairs hold their core behavioural traits over time?
Appreciate the detailed breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
This is where you get the best investment advice, TikTok and utube.
U are the first person from whom i hrd his and ur right thx for telling truth
FINALLY, SOMEONE I CAN AGREE TO ABOUT TRADING
So how do you go about finding a strategy that works for you? Even coming up with your own system. Got any tips
Absolutely right ❤❤❤
I would always enter to early so nowi wait till the next day or so when i see setups or i will scalp it only at first because i know the manipulation is coming yo stop out retail and sometimes ill even take the opposing side of what i see it still isn't as easy as im alease losing to ill do the opposite to alwase win because the market can and will screw both side of the trade traders with volatility somtimes u just gotta be ok with drawdown
Thank you so much for this amazing video! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
This guy speaks facts all the time
fax, follow rules and trade with alpha futures
What's the best way for trading any training out there ?
Hi
I want to learn about trade. Will you help me on this.
What about insider trading.?
Exactly that's an example of a good strategy but it stops working when you get caught by authorities
In this strategy how do you find the stocks to trade on the scanner? Can you share the settings?
Bro chewing facts 🔥
Proper risk management and market structure that’s all you need. I trade a naked chart
The trend is your friend. If a market is trending up, and you buy at a good pullback level that holds nicely and rejects, chances are you'll hit take profit. It's so simple, yet my stupid brain always deviated from the obvious, or it tried to look for reversals. Humans are actually very self-destructive creatures. Trading has definitely taught me that humans try to overcomplicate everything.
@@dee23gamingye bro I enter on pull back into a fvg and target next high or low or supply demand area or fvg. But the trade is always in direction of market structure. It’s a good way to trade trend and stocks always have some sort of trend around open.
@@dee23gamingTrue. Trading reversals have ruined my life.
Add order flow to your charts. It makes it very easy to spot the areas you need to target
Sir, how abt following only Heiken ashi candles 1 hr time frame green n red
As mostly indicators r lagging
I agree...completely.
What’s the average percentage win that you are expecting in every trade?? I mean are you looking about a 1% win in every trade or more?
Kindly advise a forex calendar for fundamental news trading
Can you do a video on prop firm pls
it's hard to find someone who tells the truth like he does
So what to do then , how to make money. Please guide
Secret strategy is the one that you create.
Thank you for this trading truth
What program do you use for Trading?
What should I look for then
Perfect ✅
That is very True ❤
So far that you are using your own strategies
Yes there is, it's called insider trading. And all the Politicians use it.
Very well said
please which exchange do u use
Good advice I ever heard from a professional trader ❤❤❤
Finally someone says it🤝
"There is no secret ingredient, to make some thing special is believe in it" PO kung-fu panda
A profitable strategy is 80% dependent on the exit and only 20% dependent on the entry.
nah its more like 50% trend, 25% entry 25% exit
@@SacredCASHcow Depends if you are trading with the trend or doing mean reversion. The shorter the time frame the more important the entry. If your hold time is 2-10 minutes then the entry is more important. If your a swing trader the entry is far less important than the exit.
@@HateDietPepsi hmm I do both but sure I guess I'm a swing trader. my average holding time is probably 15 hours
Very nice
what about market profile and order flow
You’re 💯correct
Totally agree with you