Starting 2023 with $100K Trading Account...
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- Опубліковано 30 січ 2023
- In this Video Umar Ashraf breaksdown his $6k Trading loss and his start to 2023 with a $100K Trading Account.
Umar's Socials:
✅Umar's Instagram: / umarashraf
✅Umar's Twitter: / umarashraf
I use TradeZella to track my trades.
www.tradezella.com/?via=umar
DISCLAIMER I am not a financial advisor and anything that I say on this UA-cam channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#daytrading #trading #futurestrading
Sorry took January off. Back to posting again now after the well needed break! Thank you everyone for the support always!
Bro can you tell me did you elect for mark to market ? How do you manage washed sales?pls guide what should i do cuz i like to trade spy all the time but afraid of wash sales
Keep it up !
thank you for the free education you provide. I hope you consider creating a course, i would buy.
Is it possible to "embed" your Tradezilla journal on the site somewhere we can follow ?
These videos really help man! ✔️😍
Can’t wait to see the growth on this ! 🙏🏽
Hey Umar, you have nothing to prove to anyone. Your education videos are much appreciated.
your honesty, transparency and everything on this video is much appreciated! i just subscribed!
This video explains exactly what I messed up today. Slightly biased, no confirmation. Great video brother.
Love the recaps keep going Umar thank you for your work!
Thank you for all you do, Umar! Really appreciate the time you spend to make these.
keep sharing umar. helps more thsn you know. we know youll be back on top in no time!
Love this video! Glad to see you back and look forward to seeing more :)
Thanks for the video Umar. Glad your posting videos again.
thank you, great video. I had the same mindset that day!
Great trade breakdown and journaling, the best platform in the world. Appreciate the transparency and to see your thought process. I started Jan red due to emotions (huge drawdown) for that I have learned tons to put it behind start fresh the next day and learn from mistakes. Don’t give up guys if your struggling take a step back, paper trade review strategies and bounce back harder.
Great video. Good to see the reality that all traders lose money at some point. I've done exact same thing over and over. Just found you here and started following. you. Love your transparency and experience. Looking forward to following your 2023 $100,000 account journey. Jason - Michigan
Appreciate your insights 🙏
Happy your back !
This is awesome great idea. Looking forward to learning from this . Thanks and good luck
So much value in your videos. I love it
I appreciate you posting this video. We often learn much more from our loses than our winners. Sometimes, as traders, we forget that even great traders have days like this. Thanks for your transparency and the lesson.
Awesome video Umar! 🔥 Keep the vids coming plz, futures are where it’s at 💰😮💨
thank you umar for the continued transparency within the trading community, we need more of that🤝
thank you for all the knowledge you provide in these videos as well as your interviews. tons of value, and has helped me to grow as a trader
thanks alot man to make us go through your thought process . Really helps us. Thanks for adding value in life of people. We need more humans like you.
Been mastering the Morning Rejection Set up… I feel comfortable with that set up and I. Hyped you got a bunch of videos doing that set up 📈📈📈🔥🔥
i'm looking forward to your recaps on this every day.
Let’s goooo!!! Excited to see more videos from you
Transparency 💯 More respect for you on this..
Hey Umar, thanks for the video! It would helpful to mention time zone when you say specific times as key points. Cheers
Thanks for sharing the loss trade we learn more from it...
Very informative video, thanks
love the videos please post more often
👏👏👏 well done thank you Umar
Let's hope you grow millions this year 👍
Superb video Umar Bhai! Keep these types of videos coming! I can totally relate to this video, as I had made the same mistake starting new trading account this year! Helped me alot to understand the psychology! Thank you so much!
I’m enjoying your videos every Time keep going Brother
We love you Umar!
I’ve been waiting for you to post for a month!!!! I literally searched your name every day.
Please show us the 2022 year account.
Umar, you're just talking about me. This just one of the problems i've faced i this market for ages. i'm so relieved after watching this. i never knew professionals like you do experience this too.
To be very honest you're the best guy in the UA-cam. I thank My God Jehovah for meeting you.
Thanks so much for your being insightful
the master is back!
Thanks for sharing daytrading but I wanted to see your live trading like other traders, humbled trader.
A good way to start the morning 💯
Thanks for the transparency man, and yeah...new account...there is definitely a mental hurdle you gotta jump, because you don't want to start bad...so for me at least, the pressure is on. That's how it was for me when I started futures trading a couple months ago. What helped though, Is I was good in my options account on TD Ameritrade as I had a really good 2022 with options, so I looked at that as a buffer I guess...but I still had a bad start. wanted to take up futures so stopped trading options completely. And I really fvcked that first futures deposit up lol, just now starting to get green in my futures account as of this week actually. Idk maybe I'm biased because I'm better right now at going long calls/puts...but I find futures to be really damn hard to trade, like margin for error on entries is pretty damn high...especially on NQ.
Hey why is the adjusted cost in a million? For the video I think you are familiar with the program so could help me.
Bro trade the reversal/bounce off of the VWAP control point because that support line usually has innate confirmation since it has the largest volume/orders. Thanks for the honest videos!
You are so honest sir I m a big fan of you
The GOAT! 💙
Hey Umar, I was hoping you could review your thinkorswim screen Layout and why you like to have it laid out that way? I was thinking about switching to vertical screens. Very interested to see what you keep up on each screen as far as market internals, the Vix?, Vixx?, Or anything like that
Gotta drop everything to watch when Umar posts a video lol!!
Appreciate you Daniel!! Hope you found the video valuable!
@@UmarAshraf28 thanks, I did. I trade ES as well so I know I’ll learn a lot from following your journey this year.
Thank you for sharing. Keep sharing this account and trades you going to make till whole 2023. Your all videos is inspiring for new traders like me. U always scalping on options trading. Your plans for this account will be same?
Great video,
What you use to watch order flow?
Cheers
Great re cap and look forward how u do on the 100 K account.U switched to futers??
thanks bro
Hey Umar, are you doing any in-person/online seminars any time soon? Thank you :)
I thought I was the only one that exited shorts at the top 😆 turns out the pros do it too!! Thank you for your transparency Umar. It's great for the community to see that you can make mistakes and still make millions from these markets - so don't beat yourself up!
great bro.. I don't have that much of money.. but will get a prop firm account of 100k this year.
I love this guy
These loss videos have so much value, I’d argue they have more value than the big winners. 🐐
glad to see i aint the only one taking stupid trades
Yo you're a badass trader man nothing but respect for being so transparent, you're a real trader not these fake ass gurus out here. Stay the same man, thanks for all the content you release.
he literally lost 6% on 1 trade bud, I have multiple friends that trade in firms and banks and nun of them would ever in their life risk more than 1% per entry if even that more like 0.5% , this is terrible risk management for such a small amount
@@okrican5483 funny to me you think someone else's subjective p/l swing tolerances can be an objectively true for everyone. I personally know six-seven figure traders whose strategy has higher probability win rate with wider stops, everyone trades differently, some lose some win. Stay sane man! lmao
This is what i am doing but around august. Mostly option trading.
Great content.. I also had a shitty day yesterday approaching the day with bias as well.
Just curious, do you have a trading group I can be part of? Just wanna be around like-minded individuals.
Totally get red here too , been green all month went in to bias didn't listen to my algo
TOP trading video
It doesn’t get any better then this
Made same mistakes thousands of times
Whoever wants to learn, this is IT!
Futures!! Finally yes
Futures orderflow 🔥🔥
when you trade options, if you do. do you use stops?
Inshallah you will do just as great brotha I’m only 3 months in my trading journey and I’ve learned so much from you hope to be a skilled trader like you one day!
Thumbs up bro
Do you ever trade SPX?
How to journey price action
You always talk about confirmation what kinda of confirmation you looking ? Thanks
Does he have a way to watch him trade live
were u trading cfds or options?
Bro i have only one question to ask you that what is last stage of loss making trader to profitable trader ......
what site does he use for trades?
Bigg fan sir from India
🔥
Tradestation Futures $1 in $1 out...micros 50 cents a contract vs TOS like $3 in $3 out a contract...I chart on TOS but execute through Tradestation 👍
Ninja Trader or Tradovate half that price
Genuine question.
You said you were going to do something similar last year but you didn’t. How come?
Can anyone let me know of any good funded program/company too look into?
no commission and fees?
Is trade zella free?
Umar man, when ru accepting new students for SML?
how do you avoid wash sales if you trade a handful of tickers?
Futures and crypto don’t have washsale
Can somebody tell me is this real money or like practise money?
sweet =)
Should have faded the gap, high probability play!
💯💯💯💯💯💯
Question: if you only invest in halal stocks, can you still make a full time income? How would this work in times of recessions since shorting a stock is considered haram?
Why is your rating 4 for this trading though.
4% initial risk on that trade. Shouldn't it be at most 2%? Please speak to your decision to do that.
I don’t understand why guys hide their balance . Just show the balance as you go just more transparent . But good vid man
Mate, i personally beleive it was the fomo to begin with that got you biased because u took Jan off, and it was an opportunity lost being out of the market as the Market moved up so fast.
All the Best for future.
Umar i cant believe you average down now? Im very surprised about this tbh.
Sir i m from India sir i start trading to take 5lakh Indian rupes then i have lost my all money please help me i want to die i don't know what I do.
another mistake you made was adding to a loser. you usually add to your winners when you win big. thank you for sharing this you a real one
brb let me find 100k
The worst trade I have seen in my entire 2 years of trading.
Everything was just wrong. You didn’t follow a system or a strategy. It was just whims and desires lol.
If your trade meets your entry criteria you should take it. The 2nd short also had no confirmation which you didn’t take.
Anyways praying you make it all back.
please sir , tell in hindi also. please
Why don’t you trade with your all money your ever made ??? You make more money
always helpful when people post their L's.