@@HumbledTraderOfficial okay I will watch it and let you know. I really like your channel and I really like learning something new. You bring very interesting people who I wanna copy from please try to get us actionable process that we take to become them. Most of us like me who inspire to become day trader but don’t have any clue. Please give us translation version of 5 year old version of these people insight.
Hi Umar thank you for sharing. You are the best and most generous, providing very valuable knowledge. Please continue making videos for generations to come. Your insights and expertise are incredibly helpful, and your dedication to educating others is truly inspiring. We appreciate your hard work… more videos on your channel please❤
3:55 Day trading and scalping, using options 15:50 Realizing luck and opportunity early on 21:00 Trading process 27:40 Indicators (VWAP) 33:00 TSLA example 35:55 Risk management 40:00 Making $2M in 2020 and $7M in 2021 44:30 Risk relative to momentum 48:35 Ideal setup (vague answer)
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations.
It has turned out to be a really wise choice to invest. Profits from cryptocurrencies continue to contribute significantly to my overall wealth growth and lessen my dependency on my pay cheque.
Excellent! I really do have a question. As a beginner interested in trading. How would you recommend we enter into trading ? I will greatly appreciate any suggestions
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...
My favorite part from what he said was coming to America, he realized how lucky he was to be here with all the possible opportunities to be successful in life. Look at all these citizens born in the US complaining that life is not fair for them and they never had the opportunity to become successful. I wonder, have those people actually tried to be successful? Or did they try for three months and then give up and blame everyone around them?
Most people born in feel entitled, they're American so things should come easy. Their immigrant forefathers who came to this country were happy for the opportunity of a new life, they workef hard. My all time favorite is Americans complaining Mexicans are taking all the jods lmao😂. I don't know of any American who would pick cabbage in the sun all day for less than minimum wage...
I got three months in profits after applying order flow concept and foot print charts to see the activity between buyers and sellers, this guy is a rock star !
My Trading Broker Centerpoint Securities: bit.ly/3LKdlID -------------- Learn How to Day Trade Live with Humbled Trader Community: bit.ly/4dfWR8b Get Free Stock Watchlist & risk calculator: bit.ly/3LCQ38Y -------------- My own stock scanner Stox.io: stox.io/? -------------- 1:55 Umar Ashraf Trader Introduction 6:25 How Umar Discovered Stock Trading 13:28 Developing a crucial trading mindset that made him successful 20:42 Umar Ashraf explained How He Trades, Trading Style & Trading Strategy 21:02 Live Trading Examples using 5-Minute Chart 26:41 Time frame and trading hours that Umar focuses on 31:50 Trading options contracts after mastering stocks and price action trading 36:37 Biggest trading losses due to profit goals 43:23 Risk management, position sizing & trading psychology 48:36 A+ Setup & Trading Playbook to size up
Umar used to offer a course call Stock Market Lab that charged folks like $3000. That’s how he really made his money, and not from this nonsense he is now spewing about his supposed trading expertise that has made him millions. Folks are so gullible to believe all baseless talks and lies from these trade “furus.”
Umar one of the trader who i really believe in, one of the trader who didn't start a course or signal group, just pure knowledge and self-focus.... He is one of the reason why i trade right now.... I manifest just few things and this include i want to meet with Umar and take a long conversation
I appreciate how Umar said that parents meet your plans with opposition out of a place of protection for you, not out of spite. That puts a lot of things in perspective and even offers framework for inner healing. Thank you!
Having this man talk openly about his mistakes and what he goes through as a trader is both a huge lesson and inspiration for me. Thank you Umar and also the team in the Humbled Trader podcast
For retail traders, it can be in a disadvantage position to trade options because there are just not many tools on the market to support options' implied volatility (IV). Think about you can have a stock scanner for 5K stocks, and then compare that to a scanner of at least 5K*10(strike)*10(expirations) = 500K options IV. On top of that, if you need to see IV history for each options, the data are overwhelming. Not saying you can't trade, but definitely there are money on the table that retail customers can't easily access.
I started using the wheel strategy 5 months ago. I started my channel to help people learn how to sell covered puts/calls. It took me 4 months to make my first $1,000 in premiums.
I completely agree on his comment about not setting a P&L target and just trade. So many times I thought: “I’m up $900 on this trade, let’s exit at $1000”… guess how many times that worked. Take some profit and let a smaller piece if you want to see how far it goes.
Umar trades like my mentor and has a similar approach because they both see it the same way. You must accept that you've already lost money before you get into a trade that hasn't worked yet, and understand that there's a directional bias that the market wants to go towards that week, but it's not guaranteed when that will happen because it's based on probabilities. When premiums are not moving as it goes towards your direction and premium's getting crushed, that means it's time to get out of your trade. If you're not in that trade, then you've already missed the setup and it wasn't for you.
I recently read an article about a man who identified AI stocks before the AI boom, highlighting the importance of information and insight. I believe AI is poised to enter a new phase, and I aim to position my $200k portfolio to capitalize on significant gains.
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
I'm celebrating a $30k stock portfolio today. started this journey with $6k. I have invested on time with Angelia and also with the right terms now I have time for my family and the life ahead of me
Really enjoyed this, my trading style is very similar to Umar and really appreciated the insight into his thought process around market context around his trade setups.
Please tell me where those insights are in this video… I’m struggling to separate them from all personal mindset Blabla and trading101 consistency blurp
I think I’m the first to recommend you to have Umar Ashraf on your pod when u asked us who we want to see on here last year @Humbled Trader Thank u for listening & having one of the best in the Game on👍🏾
2 of my favorite traders! Thanks for all you guys do. Self taught off your guys UA-cam channels, and got a long way to go, but this is like having access to multiple mentors and a plethora of information at easy access
I enjoy all the interviews. In the preview talking about increasing risk on some trades was interesting but listening to the whole interview and the journey and how to bounce back after various things was inspirational.
Im surprised he hasnt been on the channel already. Hes definitely battle tested and has the PL to back up his deep knowledge. Thx for the interview Shay and Umar.
Something I haven't heard before is to stop trading after the first couple of hours to analyze what you did and your recording. I think that's pretty cool tbh
I am intrigued by your remarkable success and would greatly appreciate any insights you could share regarding the specific assets you invested in and the key strategies that contributed to your success.
Reminds me of a saying you going to need a million dollars to make a million dollars. I’m at $3000 from $101, got to get to 25,000 first to even get into game. Trading places if you dare. . ❤
Although I'm not a successful trader yet, I do agree with the point of mindset and how some people like to blame things outside what they can control. I have started and stopped trading 4 times now. Every time, I have gotten better and technical analysis and understanding markets. The last serious attempt at trading I made, I was able to keep my trading account at break even which I felt was a victory of sorts. I do also think the point you made about all the so called "gurus" is very valid. It can be difficult navigating through the noise of people who claim they are experts when in fact they are not.
The new dudes like these don't and cannot know enough about the market and trading. You know it makes sense to find the old guys who've been trading 30-40 years. that's where the knowledge is. Tread carefully and don't believe the hype. or the pipe. Good luck out there
After the roller coaster for the past two days and thankfully coming out green, this is a great video to reflect on. Thank you! My SOXL dip buy today had no chart indicators. Just looking at the macroeconomic news and watching the price action with a sprinkle of patience.
a trader without a broker statement is a worthless trader. true for both in this video. edit: and if you see some yt-trader trying to sell you a course… RUN! (they are not profitable)
Continue to Part 2 of the interview with Umar Ashraf: ua-cam.com/video/o4bB5UsgnX4/v-deo.html
@@HumbledTraderOfficial okay I will watch it and let you know. I really like your channel and I really like learning something new. You bring very interesting people who I wanna copy from please try to get us actionable process that we take to become them. Most of us like me who inspire to become day trader but don’t have any clue. Please give us translation version of 5 year old version of these people insight.
Had a great conversation with you Shay, thank you for having me on!
It was great chatting with you!
💜💜💜
Hi Umar thank you for sharing. You are the best and most generous, providing very valuable knowledge. Please continue making videos for generations to come. Your insights and expertise are incredibly helpful, and your dedication to educating others is truly inspiring. We appreciate your hard work… more videos on your channel please❤
❤❤❤❤❤❤
Love you man
3:55 Day trading and scalping, using options
15:50 Realizing luck and opportunity early on
21:00 Trading process
27:40 Indicators (VWAP)
33:00 TSLA example
35:55 Risk management
40:00 Making $2M in 2020 and $7M in 2021
44:30 Risk relative to momentum
48:35 Ideal setup (vague answer)
thanks a ton mate.
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations.
It has turned out to be a really wise choice to invest. Profits from cryptocurrencies continue to contribute significantly to my overall wealth growth and lessen my dependency on my pay cheque.
Excellent! I really do have a question. As a beginner interested in trading. How would you recommend we enter into trading ? I will greatly appreciate any suggestions
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...
How can i get in touch with one
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
My favorite part from what he said was coming to America, he realized how lucky he was to be here with all the possible opportunities to be successful in life. Look at all these citizens born in the US complaining that life is not fair for them and they never had the opportunity to become successful. I wonder, have those people actually tried to be successful? Or did they try for three months and then give up and blame everyone around them?
Ofc .. people like us in country like pakistan and India .. lol how hard we try we still get end up on the same place
Most people born in feel entitled, they're American so things should come easy. Their immigrant forefathers who came to this country were happy for the opportunity of a new life, they workef hard. My all time favorite is Americans complaining Mexicans are taking all the jods lmao😂. I don't know of any American who would pick cabbage in the sun all day for less than minimum wage...
I got three months in profits after applying order flow concept and foot print charts to see the activity between buyers and sellers, this guy is a rock star !
what's the avg rr in ur trades
Umar is Pakistani born Trader , i know him through youtube since three years.
He is absolute Gem.
Is this guy Umar legit ?
@@MRA-bw3ucjust watch him, you'll get an answer
@MRA-bw3uc yes
Umar is a pure gem of the market, simply a great guy!!
Is this guy Umar legit ?
My Trading Broker Centerpoint Securities: bit.ly/3LKdlID
--------------
Learn How to Day Trade Live with Humbled Trader Community: bit.ly/4dfWR8b
Get Free Stock Watchlist & risk calculator: bit.ly/3LCQ38Y
--------------
My own stock scanner Stox.io: stox.io/?
--------------
1:55 Umar Ashraf Trader Introduction
6:25 How Umar Discovered Stock Trading
13:28 Developing a crucial trading mindset that made him successful
20:42 Umar Ashraf explained How He Trades, Trading Style & Trading Strategy
21:02 Live Trading Examples using 5-Minute Chart
26:41 Time frame and trading hours that Umar focuses on
31:50 Trading options contracts after mastering stocks and price action trading
36:37 Biggest trading losses due to profit goals
43:23 Risk management, position sizing & trading psychology
48:36 A+ Setup & Trading Playbook to size up
I'm talking not your digits ,I'm talking his .Where is verification ? If not , it's just bla bla bla
The best said by UMER " Learn from the market concepts not from the Courses" This make a lot of sense!!
Umar used to offer a course call Stock Market Lab that charged folks like $3000. That’s how he really made his money, and not from this nonsense he is now spewing about his supposed trading expertise that has made him millions. Folks are so gullible to believe all baseless talks and lies from these trade “furus.”
How can I make good profit as a beginner starting with $6,000 ~iq5
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Amanda Katherine Nakitare
Don't rush in rather seek expertise like Amanda Katherine. Growing a port-folio is complex
I racked up so much losses trying it on my own. Amanda really saved me from myself
Finding someone truly skillful is hard. I'm happy to see that a lot of people found Amand
Same here. Amanda managing myportfolio was my best decision. Gotten more than half a million since
Shay, another amazing interview… you nailed it as always! Umar not only is an amazing trader, but a wise man with amazing integrity!
thanks so much!
The only trader i believe he is real trader 🙌
I love this guy his trading is exactly like myself.
Umar one of the trader who i really believe in, one of the trader who didn't start a course or signal group, just pure knowledge and self-focus.... He is one of the reason why i trade right now.... I manifest just few things and this include i want to meet with Umar and take a long conversation
I appreciate how Umar said that parents meet your plans with opposition out of a place of protection for you, not out of spite. That puts a lot of things in perspective and even offers framework for inner healing. Thank you!
Tradezella! So much respect for Umar, kills it!
He owns tradezella tho….he’s sketchy that he only operates on it
36:40 Profit Goals vs. Let The Market Give You Opportunity
I learned too many good and knowledgeable things about trading and life from Umar sir
He is very honest... What he is telling i have heard same from him from his other videos....
Having this man talk openly about his mistakes and what he goes through as a trader is both a huge lesson and inspiration for me. Thank you Umar and also the team in the Humbled Trader podcast
🙌
Yes!! Umar is my hero.
Thank you Shay and Umar for sharing such a great conversation
Glad you enjoyed it!
Umar is my favourite trader out there . 🐐
For retail traders, it can be in a disadvantage position to trade options because there are just not many tools on the market to support options' implied volatility (IV). Think about you can have a stock scanner for 5K stocks, and then compare that to a scanner of at least 5K*10(strike)*10(expirations) = 500K options IV. On top of that, if you need to see IV history for each options, the data are overwhelming. Not saying you can't trade, but definitely there are money on the table that retail customers can't easily access.
I started using the wheel strategy 5 months ago. I started my channel to help people learn how to sell covered puts/calls. It took me 4 months to make my first $1,000 in premiums.
cheers! keep going
I completely agree on his comment about not setting a P&L target and just trade. So many times I thought: “I’m up $900 on this trade, let’s exit at $1000”… guess how many times that worked. Take some profit and let a smaller piece if you want to see how far it goes.
Too many times I went from green to red because of this mentality, yet I can't change it. I've tried but it's so hard when you're in a trade.
@@teewunz Try using a trailing SL, so your winning trades don't turn red. I also don't use automatic TP target.
Great conversation ❤ Thanks Umar and Shay
Umar is great trader❤
Thanks to you both! Great interview!😊
Umar trades like my mentor and has a similar approach because they both see it the same way.
You must accept that you've already lost money before you get into a trade that hasn't worked yet, and understand that there's a directional bias that the market wants to go towards that week, but it's not guaranteed when that will happen because it's based on probabilities.
When premiums are not moving as it goes towards your direction and premium's getting crushed, that means it's time to get out of your trade. If you're not in that trade, then you've already missed the setup and it wasn't for you.
Umar is a nice and best trader and followed his channel a lot in the past.. Unfortunately he doesn't teach students the last years anymore..
I love to see realistic trading content like this. His principles truly helped my psychology in becoming a profitable trader!
Thanks humbled. I'll always support your channel. Female trader and genuine evangelist of the trading world
Wait, what ? You got 1.5M subs. Kudos to the hard work. I was watching your videos when you had a few thousand subs
Nice to hear his journey. He has much more to learn and grow. God bless him.
Umar knows his stuff.
only guy i follow for trading. he is GOAT.
This guy is a real smart guy, he lost a lot of money but he learned a lot from his mistakes. I can learn a lot from him as well.
definitely 100%
Incredible wins Umar Ashraf had. Like Button Smashed. Thank's Humbled Trader.
Two great guys and traders!! Great video Shay!
Thank you Shay 😍😍😍
They become wealthy not through options, but through the provision of education for a fee and with benefits.
Great interview, excellent Q&As
I recently read an article about a man who identified AI stocks before the AI boom, highlighting the importance of information and insight. I believe AI is poised to enter a new phase, and I aim to position my $200k portfolio to capitalize on significant gains.
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
I'm celebrating a $30k stock portfolio today. started this journey with $6k. I have invested on time with Angelia and also with the right terms now I have time for my family and the life ahead of me
I’ve seen many Umar interviews and he seems to repeat himself a lot, but you managed to take the interview into new insights. Great interview!
yes :D thank you glad you appreciate it
very good interview. thank you
Really enjoyed this, my trading style is very similar to Umar and really appreciated the insight into his thought process around market context around his trade setups.
Please tell me where those insights are in this video… I’m struggling to separate them from all personal mindset Blabla and trading101 consistency blurp
maybe you should just watch again and take notes for yourself. thats the best way to learn. instead of asking for shortcuts
Just started watching the part 2 and topics they talked about is in real trading experience. 👍👍👍
I think I’m the first to recommend you to have Umar Ashraf on your pod when u asked us who we want to see on here last year @Humbled Trader Thank u for listening & having one of the best in the Game on👍🏾
Thanks for the idea! :D we finally made it happen!
Thanks for making this video
2 of my favorite traders! Thanks for all you guys do. Self taught off your guys UA-cam channels, and got a long way to go, but this is like having access to multiple mentors and a plethora of information at easy access
awesome happy to help!
As a brand new stock market enthusiast, thank you both for the valuable video with all these pearls of wisdom!
Umar always rocking, thank you Shay... ❤
Hello, great job for making steady progress - watching you for a while . I live in Vancouver now . Just moved from Toronto. Great work
Shay, thank you for bringing Umar to your podcast!
Thanks for listening!
This guy is really smart.
Enjoyed this very much, need part 2
yes coming soon!
Very valuable interview. Lots to learn from.
Great StoryTeller
I enjoy all the interviews. In the preview talking about increasing risk on some trades was interesting but listening to the whole interview and the journey and how to bounce back after various things was inspirational.
A really good guest.
Finally umar is here 🎉
Im surprised he hasnt been on the channel already. Hes definitely battle tested and has the PL to back up his deep knowledge. Thx for the interview Shay and Umar.
thanks for watching
Something I haven't heard before is to stop trading after the first couple of hours to analyze what you did and your recording. I think that's pretty cool tbh
Great video with Umar. At 52:20 what's FTMO ? Did he mean FOMC ?
he deff meant FOMC. FTMO is funding company in Europe
Following this guy since his spy loss, amazed at his comeback.
i have been following both of you quite sometime, and everytime it's something new to learn
Great advice.... thanks HT and UA!
Two legends in a single frame. I am a big fan of both of you.
@HumbeldTraderOfficial unfortunately not. Trading is illegal in NEPAL 🇳🇵.
Its legal who said illegal in nepal
@@umangabhandari-6981 Trading illegal in nepal Without any doubt. But many people doing it through prop firms.
Are profitable trader?
Love ur content def want to level up to u guys ❤
I am systematic trader ✔️💯🎯
This man is legend
GREAT INTERVIEW THANK YOU!
@HumbledTraderOfficial.8 no I’m from the MMU gang
RESPECT! (from a desi bro)
I am intrigued by your remarkable success and would greatly appreciate any insights you could share regarding the specific assets you invested in and the key strategies that contributed to your success.
Great!
SALUTE KEEP ON INSPIRING US ALL THE WAY FROM SOUTH AFRICA
Thank you Umar and Shay for providing such good information ❤
Its fire that hes a multi millionare and does an interview in a white Tee and Jeans
Reminds me of a saying you going to need a million dollars to make a million dollars. I’m at $3000 from $101, got to get to 25,000 first to even get into game.
Trading places if you dare. . ❤
Umar is the real deal!!
Been waiting years for this interview.
What broker does he use?
The classic journey... awesome. "proving people wrong". Hell yes!!
yesss!
Great episode amazing insight!
Thanks for bringing Umar Shay he is an inspiration as he understands there is hope for the small fish trying to make it in trading
Thanks you Umar and shay ..
It's really a humbled traders❤
Amazing, two masters of the game ….. oh and they are also good at trading 👀 😅
Although I'm not a successful trader yet, I do agree with the point of mindset and how some people like to blame things outside what they can control. I have started and stopped trading 4 times now. Every time, I have gotten better and technical analysis and understanding markets. The last serious attempt at trading I made, I was able to keep my trading account at break even which I felt was a victory of sorts.
I do also think the point you made about all the so called "gurus" is very valid. It can be difficult navigating through the noise of people who claim they are experts when in fact they are not.
The new dudes like these don't and cannot know enough about the market and trading. You know it makes sense to find the old guys who've been trading 30-40 years. that's where the knowledge is. Tread carefully and don't believe the hype. or the pipe. Good luck out there
ONE OF THE MOST TRUSTED TRADER
Попробовал, всё работает, спасибо!
After the roller coaster for the past two days and thankfully coming out green, this is a great video to reflect on. Thank you! My SOXL dip buy today had no chart indicators. Just looking at the macroeconomic news and watching the price action with a sprinkle of patience.
Ik im a stranger bro, but could you teach me about trades
Ik im a stranger bro, but could you teach me about trades
Very inspirational
This was so good
Umar is my trading idol.
a trader without a broker statement is a worthless trader. true for both in this video.
edit: and if you see some yt-trader trying to sell you a course… RUN! (they are not profitable)
Great interview! Been following Umar for awhile and one of the more legit traders on YT. Good stuff
Awesome! Thank you!
Good interview ❤