7 Things I Learned From Making $15 Million as a Day Trader

#daytrading #trading #trader

I use TradeZella to track and journal my trades.

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Here are 7 Lessons I learned from making $15 Million Day Trading over the course of 10 years, Hope you enjoy :)

Chapters:
00:00 - Intro
0:12 Don't Trade Everyday
1:24 Adapt to the Market
3:12 Set Realistic Goals in Trading
5:30 The Importance of Managing and Accepting Risk in Trading
7:16 The Value of Journaling Trades for Every Trader
9:20 The Importance of Tracking and Playbooks in Trading
11:55 Trading Psychology and Managing Emotions
13:39 Managing Emotions in Trading for Long-Term Success
15:07 Long-Term Success in Trading

DISCLAIMER I am not a financial advisor and anything that I say on this YouTube 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 #daytrader

[UmarAshraf]

I use www.TradeZella.com to track and journal my trades :)

[ankitsanga]

"Don't get too excited and don't get too sad " is the KEY.

[kaushitwakafidi]

"Think about the next 100 trades" That's one of the best pieces of trading advice I've heard in a while.
Appreciate the value you share with us for free. Bless up!

[jdrip]

Coming up on year 3. just starting to find consistency. don't quit, this is a marathon. all the sacrifices you are making and work you are putting in will all be worth it. keep moving forward

[sharifb]

keep going, keep grinding, keep learning. adapt, survive, thrive.

[freyasourt]

One of the most impressive aspects of Michael Hugh Terpin's trading prowess is his keen understanding of market dynamics. He possesses a deep knowledge of various cryptocurrencies, their underlying technologies, and the broader economic factors influencing their value. This comprehensive understanding enables him to make well-informed investment decisions that consistently yield positive returns.

[omaraziz]

This guy is really great. Sounds like a level headed smart person. He doesn’t sensationalize things too much and really provides very useful advice. Makes sense why he has found success.

[elevana]

This is the million dollar talk man, been 2 years in trading and and unsuccessful. After watching you my mindset is changed totally. I don't know why nobody talks about these mistakes. You're a gem 👍

[kamyacarrington]

" Always think about your next 100 trades ". This is something that's going to stick with me forever.

[CliveBirse]

Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally.

[jsajeev]

Many thanks Umar for this wonderful video. Been trading for 18 years and in 2005 there were no such videos - it would have reduced my learning time drastically but then again maybe I would not have listened or learnt it without those huge losses. If you are new in your trading career my only advice is that this video is pure gold and to follow the rules presented here. I have developed a nearly identical set of rules but that cost me money!

[waheed]

This guy is legend and I personally apreciate him alot for his free content
I have been watching his videos for very long time

[srinivasdandibhotla]

Content is millions of dollars of worth. It speaks for itself.. God bless

[connorsp]

Thank you for sharing! Your generosity means so much to us. May God bless you as you continue your journey!

[UmarAshraf]

Hope you guys found value in the video and like the new format :) If so, please give the video a thumbs up

[Sonoran_Trader]

Been trading for 5 years now and you never stop learning. Great video/advice. It also helps to surround yourself with a likeminded group/individuals!

[thedenus]

I found that video at the right time... It makes me realise the importance of things that I did'nt put enough effort to go to the next level. Thank you so much for all the videos you make 🙏

[HH_Linkmusic]

Trading is really more of a psychology game. You'll be getting know yourself during the game. Thank you for sharing your philosophy. It helps a lot.

[chris-pjrk]

Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[floop]

This young man inspires me to continue persevering and learning to trade! 🙌