So appreciative of how you break down your thought process during the session and keep it honest through the mistakes as well as the wins. Over the last couple of years you’ve shifted my view of what profitable trading looks like, which has better prepared me for the reality of trading and helped ground my journaling in psychology. Freaking awesome stuff! 🔥
I was in SPY too. Doing puts and calls. Thanks for keeping it real Umar and admit pros like you can also have some hesitation then its too late. Like how you summed up in the end about maximizing those high prob setups. Sometimes, I get impatient and cut winners early bc it can take up to an hour at times to go up 1 point.
Umar, thank you for taking the time putting these trade breakdowns together. They are priceless! I learn so much from you from very video that I watch. You really are a seasoned pro! Keep them coming. Are you still in California?
Very reassuring to see you go through the same emotions and get in a trade without confirmations at times like a newbie myself 🙂 Thank you for the video and being super transparent.
The line between bold and reckless can be thin. I realized that Investing in the market is one of the the best ways to grow our money and beat inflation over a long time horizon although some knowledge is required it's probably less than we think
People are equally losing money in the financial market in the midst of all these... I own various real estate properties but I'll always go for mutual funds/stocks and It’s quite feasible to make 6 figures trading monthly
@@miamiliving2769 Wondering why smart investors are still in ETFs? Maybe they should listen to their brokers who are paid transaction fees and don't pay taxes? Ya think?
I don't know about the ETFs, but there are definitely stocks out there that are rock solid with much better yields than bonds. Add covered calls to the dividends, and it's like a license to print money.
Financial advisory seems like a great idea these days, by generating wealth and generating envy. Perhaps they go hand in hand; wanting to surpass your peers can be the fuel of hard work. But life isn't any fun without a sense of enough. Happiness as it's said, is just results minus expectations
Thanks Umar for a great video. I traded SPY too today puts and calls. Like how you summed up at the end about maximizing high prob trades. Sometimes I am impatient and cut winners early bc a selloff can take a while. Sometimes it takes an hour for it to drop one point. I wait 20 min range bound then cover my shorts. Check bk 10 min later and the stocks finally sells off. SMH.
This is exactly the video I needed, Today I took two nice scalps on Smmt, stuck to my trading plan with good risk management for a nice modest profit on a small account. Called it a day, as I didn’t want to over trade as( I am subject to that).Hindsight 20/20 went back later in the day just to notice it had chopped up almost 100% more afterwords. So true what you are saying its hard as a trader to look back and think if only i would have taken another trade I would of made so and so. But true reality is longevity in this game just gotta keep sharpening that sword and working on the skills sticking to the plan.
Love the recaps, watch all of em and learn a bunch from them. Got a question, how do you know ur stop price? I have been using trade Zella for a while now love it, but idk how to figure out what my stop price would've been, yes I always do have a stop area on the stock price but don't know what the contracts price would be at that point.
Thanks Umar for your thoughts process. Which puts/calls you tend to buy when you are scalping? is it weekly, how do you scale in or out? Do you buy 1/3, 1/4 at a time or all at once?
Wow umar so relatable I appreciate the transparency and breakdown of your psychology something I deal with a lot as well but getting better with super-helpful thank you!
Awesome video, love the transparency and humility to share the 2 initial failed trades and then the mindset to bounce back. How did you get the options premium chart in TradingView? Is that something proprietary you have developed as part of your TradeZella offering?
Please share the symbols you are using or the trades. I see SPY long and puts in the statement. I trade futures but do not find options on futures (on SPY) which will go up or down so much even when the market moves away from near the money strike price (mostly in the money). Your genius is in the finding the right option date and strike. Can you please shed some light. Thanks
Brilliant break down and explanation of your thought process. When you refer to your setups, do you have a book or material that shows the setups you try and focus on and look for?
don't hesitate! Remember the book "Trading in the Zone". Just make yourself available. The worst that could happen is you give a little bit of an R back & still be in profit.
Umar doing the right thing and not selling a course, instead he's providing free value for traders who will improve and then go on to buy his SaaS which he continues to scale and can go on to sell for millions
@umarAshraf Great video and so enlightening and educational! What delta options are you purchasing once you pick your bias? Thanks ever so much and keep it coming!
Umar, please record your trades for a recap video, so we can watch and listen to you explain everything in real-time. I want to be able to watch you catch your mistakes as they happen.
Umar, thank you my bro for this extremely transparent video. Funny enough I took the exact same trade as you at 9:41 and caught the move down and at the exact same region when you were thinking to FOMO back I actually took that trade and got chopped out. Thankfully still ended quite green on the day, but I really appreciate these kind of videos that you put out explaining your emotions during a trading day. It really helps those learning to understand that even at a higher level traders still go through the same emotions and potentially make the same mistakes as those that are still early into their trading career. I love the way you explain how to manage these emotions and make a success of the day. Thanks again bro, much appreciate your breakdowns!
That’s crazy I bought 400P at 9:42 lol I woke up at 9:36 a lil late and wanted to get into puts as soon as I woke up and I said nah ima wait and got in at the perfect time and rode it down all the way to 393
How do you calculate how much contracts you're going to use for the the risk your getting. Let's say you're risking 1% of your account, and there is 0.5 cents of risk from your entry towards your stop. is there a formula?
Very very good analysis, in my personal experience after I experienced big gain first hour of the day and if I keep trading there will be very good chance i get it all back or a lot of it back. However I also don't want to walk away so what I do is that I keep trading, but at 1/10 or 1/20th of my normal position and yes I still lose more than I earn but I am learning valuable experience with the market and my own psychology.
i also made the mistake of trading early after the market open. i should of just waited and see how the market is running and then go with my gameplan.
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy😊I have been earning $ 60,000 returns from my $7,000 investment every 12days
Actually I trade cryptocurrency on a platform, with assistance from their top crypto expert Mr Robert is my professional assistant, I have been trading with him for 8 months now... I've really made a lot from his strategies in trading of cryptocurrencies.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Natalia I think that she is the best broker I ever seen
Hello am from Wales, my partner just approved my trading... Can I write her directly on WA I would like to work with your trader, how can I connect with her?
Even with the current dip in crypto, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs. Katherine Haley
Drifting into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Samantha Jack, her skills set is exceptional.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@aishatuabdullahmuhd1088 You are right! I diversified my 500K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.5m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@chandlerethan9567 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Allison Breward..
@@sreetar Because they are all scammers. They want to generate interest in a non existent mentor or trader that 'saved' them. So others can get scammed.
Always love your content🔥🔥🔥🔥 It’s quite difficult sometimes to trade when you have little or no time for yourself but thankfully Sharon Garcia’s copy trade service has been of huge help. Been making pretty good gains just copying her trades.
I totally agree with you! I joined Garcias Copy trade service in February. It’s one of the best decisions I’ve made this year . Her trading strategies are very impressive
Nice video friend but my problem is that the market structure keeps having fluctuations and is causing quite an issue for us investors. But I've made use of it to earn more through my expert broker
Wow!! I'm surprised you mentioned Expert Kathryn Waylen, she's a FINRA certified cryptocurrency broker and I've been trading and investing with her for quite sometime now
Give this a thumbs up if you enjoyed this video!
Love you Umar Ashraf Sir ♥♥♥ from India 😊
Sir I want to learn can you please guide me if you have any course? I am interested
Assalam alaikum sir
Umar Ashraf i am Muslim and my need your response thank you
Hey what about instead of closing a long call when wrong , adding a short leg , switching to a vertical spread ?
So appreciative of how you break down your thought process during the session and keep it honest through the mistakes as well as the wins. Over the last couple of years you’ve shifted my view of what profitable trading looks like, which has better prepared me for the reality of trading and helped ground my journaling in psychology. Freaking awesome stuff! 🔥
I was in SPY too. Doing puts and calls. Thanks for keeping it real Umar and admit pros like you can also have some hesitation then its too late. Like how you summed up in the end about maximizing those high prob setups. Sometimes, I get impatient and cut winners early bc it can take up to an hour at times to go up 1 point.
facts lol
Thanks for always keeping it real Umar. That last part of your video is vital. We don’t win, we don’t lose, we improve.
Umar, thank you for taking the time putting these trade breakdowns together. They are priceless! I learn so much from you from very video that I watch. You really are a seasoned pro! Keep them coming. Are you still in California?
Very reassuring to see you go through the same emotions and get in a trade without confirmations at times like a newbie myself 🙂
Thank you for the video and being super transparent.
Great day and analysis! Gotta trust our intuition always.
The line between bold and reckless can be thin. I realized that Investing in the market is one of the the best ways to grow our money and beat inflation over a long time horizon although some knowledge is required it's probably less than we think
People are equally losing money in the financial market in the midst of all these... I own various real estate properties but I'll always go for mutual funds/stocks and It’s quite feasible to make 6 figures trading monthly
@@miamiliving2769 Wondering why smart investors are still in ETFs? Maybe they should listen to their brokers who are paid transaction fees and don't pay taxes? Ya think?
I don't know about the ETFs, but there are definitely stocks out there that are rock solid with much better yields than bonds. Add covered calls to the dividends, and it's like a license to print money.
Financial advisory seems like a great idea these days, by generating wealth and generating envy. Perhaps they go hand in hand; wanting to surpass your peers can be the fuel of hard work.
But life isn't any fun without a sense of enough. Happiness as it's said, is just results minus expectations
In the event of a market collapse dividend stocks will go to zero. The market will close long before that happens
Thanks Umar for a great video. I traded SPY too today puts and calls. Like how you summed up at the end about maximizing high prob trades. Sometimes I am impatient and cut winners early bc a selloff can take a while. Sometimes it takes an hour for it to drop one point. I wait 20 min range bound then cover my shorts. Check bk 10 min later and the stocks finally sells off. SMH.
We need more of these videos Umar! Thank you!
Absolute fire video! Thanks for hitting on every point that I actually go through as a newer trader. I have plenty of hesitation and FOMO all day.
Am i the only one who still doesn't understand
how forex and crypto trading works, How do l
get started with trade and what's the best way?
Looks like we're on the same boati never
knew btc trade could be this challenging
kept running back to these youtube videosto
learn more about this.
Everyone thinks btc is kinda easy but they'll
nervous to start
Growing an account requires dedication and
patience
was winning in a demo before I started a
life account. All i can say is that I made
losses in different attempts.
Appreciate the vid. This exactly what I need
as a motivation.
Do you have a video of the "mechanics" of how to buy calls/puts strategy? Thanks Umar
This is exactly the video I needed, Today I took two nice scalps on Smmt, stuck to my trading plan with good risk management for a nice modest profit on a small account. Called it a day, as I didn’t want to over trade as( I am subject to that).Hindsight 20/20 went back later in the day just to notice it had chopped up almost 100% more afterwords. So true what you are saying its hard as a trader to look back and think if only i would have taken another trade I would of made so and so. But true reality is longevity in this game just gotta keep sharpening that sword and working on the skills sticking to the plan.
Love the recaps, watch all of em and learn a bunch from them. Got a question, how do you know ur stop price? I have been using trade Zella for a while now love it, but idk how to figure out what my stop price would've been, yes I always do have a stop area on the stock price but don't know what the contracts price would be at that point.
Awesome video,you’re also talking about your failures. That’s very educative thank you 👍🏻
Amazing breakdown. Probably one of the best breakdown of trade and psychology. Thanks.
Thanks G for putting these videos out, finally someone that explains it in a really easy to follow
Love your videos! Keep them coming!
Thanks Umar for your thoughts process. Which puts/calls you tend to buy when you are scalping? is it weekly, how do you scale in or out? Do you buy 1/3, 1/4 at a time or all at once?
Wow umar so relatable I appreciate the transparency and breakdown of your psychology something I deal with a lot as well but getting better with super-helpful thank you!
A lot to learn. Very informative trade recap. Great job.
Awesome video! Can you talk about how you use level 2 and tape with your trading strategy?
Awesome video, love the transparency and humility to share the 2 initial failed trades and then the mindset to bounce back. How did you get the options premium chart in TradingView? Is that something proprietary you have developed as part of your TradeZella offering?
Nice trade recap. Appreciate it!
thank you Umar for your great insight on this amazing trade breakdown
Umair, thanks for video. thats super heplpful. Qts - what the expiration did you take for Spy put 399?
Firee Umar 🙏🏾
Thank you!
Please share the symbols you are using or the trades. I see SPY long and puts in the statement. I trade futures but do not find options on futures (on SPY) which will go up or down so much even when the market moves away from near the money strike price (mostly in the money). Your genius is in the finding the right option date and strike. Can you please shed some light.
Thanks
Hello Umar,
your videos are great, but why only spy, why not other large caps? how do you escape with algo spike when it sees your positions?
Brilliant break down and explanation of your thought process. When you refer to your setups, do you have a book or material that shows the setups you try and focus on and look for?
Nice work! How do you enter and exit your trades? Do you use hotkeys or the active trader ladder like I've seen on some of your other videos?
don't hesitate! Remember the book "Trading in the Zone". Just make yourself available. The worst that could happen is you give a little bit of an R back & still be in profit.
Umar doing the right thing and not selling a course, instead he's providing free value for traders who will improve and then go on to buy his SaaS which he continues to scale and can go on to sell for millions
that's some real talk and needed stuff thanks for it bhai jan
@umarAshraf Great video and so enlightening and educational! What delta options are you purchasing once you pick your bias? Thanks ever so much and keep it coming!
Umar, please record your trades for a recap video, so we can watch and listen to you explain everything in real-time. I want to be able to watch you catch your mistakes as they happen.
Love you Umar Ashraf Sir ♥♥♥ from India 😊
Appreciate you!!
mark douglas just shed a tear of joy...
great job n control
Umar, thank you my bro for this extremely transparent video. Funny enough I took the exact same trade as you at 9:41 and caught the move down and at the exact same region when you were thinking to FOMO back I actually took that trade and got chopped out. Thankfully still ended quite green on the day, but I really appreciate these kind of videos that you put out explaining your emotions during a trading day. It really helps those learning to understand that even at a higher level traders still go through the same emotions and potentially make the same mistakes as those that are still early into their trading career. I love the way you explain how to manage these emotions and make a success of the day. Thanks again bro, much appreciate your breakdowns!
Again a great content, thank you !
Do you only trade options for large ETF , or you consider trading small caps in your trading plan
whats the reason you execute orders with tos and not ibkr? with your sizes, wouldn't you want better fills?
Hey UMAR, how are you able to pull up the option price on TradingView?
That’s crazy I bought 400P at 9:42 lol I woke up at 9:36 a lil late and wanted to get into puts as soon as I woke up and I said nah ima wait and got in at the perfect time and rode it down all the way to 393
How do you calculate how much contracts you're going to use for the the risk your getting. Let's say you're risking 1% of your account, and there is 0.5 cents of risk from your entry towards your stop. is there a formula?
Quantity = 1% of your capital/ stop loss
Let's say 100$ is 1%
Stoploss per contract is 2$
So 100/2=50
50 contacts
@@venomop614 where did you get $2
@@oninsc4764 distance between your entry and stoploss is 2$
The %’s seem off, did you input a starting balance for the account?
This is great, thank you
Very very good analysis, in my personal experience after I experienced big gain first hour of the day and if I keep trading there will be very good chance i get it all back or a lot of it back. However I also don't want to walk away so what I do is that I keep trading, but at 1/10 or 1/20th of my normal position and yes I still lose more than I earn but I am learning valuable experience with the market and my own psychology.
Thank you umar sir❤
i also made the mistake of trading early after the market open. i should of just waited and see how the market is running and then go with my gameplan.
can you tell us which weekly contract u bought?
Just wondering, why not trade SPX? You will save money on commission and the tax treatment is much better than SPY.
Amazing content ❤
What trading platforms are you using ..?
So you have a live trading room?
I'm looking for a good trading platform, new to the game but love lots of data......any recommendations from you guys in the day trading world??
Sir salute first for your work ,
please give us some lessons from entire story about Sam Bankmen freed plz so that Management could be leveled up.
You didn’t use time and sales for the trade?
Amazing video and thank you for breaking it down!!
Despite the economic downturn, I'm so happy😊I have been earning $ 60,000 returns from my $7,000 investment every 12days
An investment in knowledge pays but investing in both knowledge and passive income vields more gain
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
Even with the economic recession or downturn, I'm so happy I've been earning $30,000 returns from my $12,000 investment on Short term
Sounds good😊How do you do that? I'm interested, how do I go about getting started?
Actually I trade cryptocurrency on a platform, with assistance from their top crypto expert Mr Robert is my professional assistant, I have been trading with him for 8 months now... I've really made a lot from his strategies in trading of cryptocurrencies.
-5.46 sec: Invested $2,300.00 but showing $23,000.00🤔tradeZella error🤔???
Thanks for the explanation. 🙏🏾
Is most of your trades zero date to expiration
the real goat
lovelly sir thank you...
Umar is jacked to the tits on contracts!! I love to see it haha.
I’m a newbie, but I get nervous trading more than five
Sir I know trading but I don't have funds to trade
King tredar umar bhai🔥
Ashraf Bhai urdo me koi vedio h
Hello Mrs Natalia the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategies...
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Natalia I think that she is the best broker I ever seen
Hello am from Wales, my partner just approved my trading... Can I write her directly on WA
I would like to work with your trader, how can I connect with her?
Wow I just make my second withdraw again today
all thanks to my sister who referred to her.
@watersjoseph8308 How can I invest with her
I have really lost a lot on this
She's not like other brokers that will start telling you stories and excuses why they trade didn't go well after collecting your money
I watched and understand difference between nood or pro trader
❤ your videos.
Even with the current dip in crypto, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs. Katherine Haley
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
@Abbey Shaw You can communicate with her on telegam with the user name below
investwithhaley💯
I asked it already: how much money are you investing ?
best part of the video when Umar said "market just closed" lmao
How about "I had a loss" video? U always win? I'm skeptical when titles is always "I made xx $" . I know it's not true.
Bozo he shows his losses
Drifting into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Samantha Jack, her skills set is exceptional.
@Grace Wilson you can reach her on Tele
gram with her username
Investwithsamanthajack, that's it
Can you give me any job so I can use that funds to trade
>>>>>>>
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@aishatuabdullahmuhd1088 You are right! I diversified my 500K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.5m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@chandlerethan9567 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
@@chandlerethan9567 Please I'm very much interested. How can I get touch with this coach, i really want to give her a try.
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Allison Breward..
Mrs. Breward. changed my life because of the high profits I got from investing with her.
You can communicate with her on tele-gram with the user name below
'INVESTWITHBREWARD
Why did you post here and not in Mrs. Allison board?. You are praying wrong person at wrong place.
@@sreetar Because they are all scammers. They want to generate interest in a non existent mentor or trader that 'saved' them. So others can get scammed.
👍🏻
💪💪
Always love your content🔥🔥🔥🔥
It’s quite difficult sometimes to trade when you have little or no time for yourself but thankfully Sharon Garcia’s copy trade service has been of huge help. Been making pretty good gains just copying her trades.
I totally agree with you! I joined Garcias Copy trade service in February. It’s one of the best decisions I’ve made this year . Her trading strategies are very impressive
Does copy trade really work ?
How did you join
She’s on telegrm
SharonGfx
Nice video friend but my problem is that the market structure keeps having fluctuations and is causing quite an issue for us investors. But I've made use of it to earn more through my expert broker
How is that possible?
How can you say you've made use of the fluctuations in the crypto market to earn profits?
That's because I trade and invest with signals given by my expert broker Mrs Kathryn Waylen
Wow!! I'm surprised you mentioned Expert Kathryn Waylen, she's a FINRA certified cryptocurrency broker and I've been trading and investing with her for quite sometime now
Please how can I contact this Expert kathryn 🙏?
@@billygeorge6000
I met her through a channel here on UA-cam and we communicated through telegram
ahahahahahha thats me on 2:58
🫡 thank you for sharing!
Man took the same trade. Also wanted that second trade but was hesitant because the market has been very erratic 🥲