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@@JuicedMooseyou always start off small as a beginner or nothing at all doing paper trades. Best way to blow up your account is starting real trade with a huge amount of money
Can you please help me. My entries are great, but i am worst in exits; I end up loosing finally even though it was a profitable one.. Can you please help me with this..
turn off your p and l, watch the price action, and take profits often, most of the time your position will come back on you from being up to ending in a loosing trade. identify the range that the stock is tradeing in, to base your decision on how far the move might go. you will be suprised taking those profits often on smaller moves will add up
@@SurvivalHunting Thanks a lot for your input. The devil inside me does not let me be satisfied with small profits. As soon as it sees that the market is moving according to my strategy, it brings the calculator out and starts calculating how many points should the price go before it can recover all the losses over the years!! I keep convincing the devil that it is okay to take small profits and over a period, i can make the money that i lost earlier. It is like that person who lended the least amount but bothered the most to Jesse Livermore. !!! I dont know how to give assurances to this devil inside me who gets active as soon as i sit in front of the terminal..
Buying a option yes !!! Selling spreads you can customize your risk . Do you wanna bet 10 to make 90 with a 10% chance of profit or do you wanna make 10 with the risk of of losing 90 with a 90% chance of making money
Investing in stocks of companies that operate in compliance with Islamic principles is generally considered halal. This involves selecting companies that avoid involvement in industries such as alcohol, gambling, and pork, aligning with ethical and Sharia-compliant business practices.
WTF is he talking about lmao you can have as much leverage in stocks like you have in forex. It all depends which stockbroker you're using and how much leverage they're willing to allocate you.
@@tumorsaregood9728 The amount of leverage being used is a shitty metric. With stock leverage you can have far larger moves even though forex uses a larger leverage. That's simply because the moves in the underlying are much higher in stocks. 10% daily move in a currency pair would be world changing, with stocks 10% is just a bad earnings report.
Came in as a gambler 😂. Now I'm a disciplined and profitable trader
U do binary?? Or tradingview?? Forex?? Which one is better??
Hohoho I wanna cross to the other side eventually
Forex is all about find edge and risk management and backtested your strategy , practice
And also manage your Emotion ✅️
Thats literally every market, whether its crypto, stocks, or forex
Mean Reversion. 1:2 risk to reward. That's all you need
Having Umar as my mentor will be a prayer answered.
Indeed. I hope you get him as your mentor somehow. I hope your journey tk become a successful trader will come true.
@@felreizmeshinca7459 Amen Amen............. that somehow is what I have be figuring out till now
is it possible to start with 100$
Yes
You can start with 1$ too
Its extremely difficult but yes. If your disciplined and can handle making pennies in the beginning you'll grow it.
@@JuicedMooseyou always start off small as a beginner or nothing at all doing paper trades. Best way to blow up your account is starting real trade with a huge amount of money
Lets be reall if you did that youll be over leveraging
I need a mentor 😢
Can you please help me. My entries are great, but i am worst in exits; I end up loosing finally even though it was a profitable one.. Can you please help me with this..
turn off your p and l, watch the price action, and take profits often, most of the time your position will come back on you from being up to ending in a loosing trade. identify the range that the stock is tradeing in, to base your decision on how far the move might go. you will be suprised taking those profits often on smaller moves will add up
Take profits.. always target the recent swing high/low
Never stay in too much beyond the recent high/low
@@SurvivalHunting Thanks a lot for your input. The devil inside me does not let me be satisfied with small profits. As soon as it sees that the market is moving according to my strategy, it brings the calculator out and starts calculating how many points should the price go before it can recover all the losses over the years!! I keep convincing the devil that it is okay to take small profits and over a period, i can make the money that i lost earlier. It is like that person who lended the least amount but bothered the most to Jesse Livermore. !!! I dont know how to give assurances to this devil inside me who gets active as soon as i sit in front of the terminal..
I'm sticking with stocks, options have always looked more risky.
Buying a option yes !!! Selling spreads you can customize your risk . Do you wanna bet 10 to make 90 with a 10% chance of profit or do you wanna make 10 with the risk of of losing 90 with a 90% chance of making money
His not geniun because he do a fraud in invesment amount don't give any investment amount
Is forex Halal or haram ?
Both stocks and Forex are sin according to Islam. There’s no such thing as a bank/company with out interest. The entire trading market is interest.
Investing in stocks of companies that operate in compliance with Islamic principles is generally considered halal. This involves selecting companies that avoid involvement in industries such as alcohol, gambling, and pork, aligning with ethical and Sharia-compliant business practices.
umar is my idol ❤
WTF is he talking about lmao you can have as much leverage in stocks like you have in forex. It all depends which stockbroker you're using and how much leverage they're willing to allocate you.
Typical stock leverage is 1:3 or 1:4, typical forex leverage is 1:50 or 1:100. You will never get that kind of leverage with stocks.
That’s not true. I don’t know if it’s an European thing but we have stock leverage up to 100
@@tumorsaregood9728 The amount of leverage being used is a shitty metric. With stock leverage you can have far larger moves even though forex uses a larger leverage. That's simply because the moves in the underlying are much higher in stocks. 10% daily move in a currency pair would be world changing, with stocks 10% is just a bad earnings report.
❤❤
Nobody predicts the future, pure BS.
Alright is that a new thing?
BS
Can you show us your trades, you are youtuber or trader?
Dey play