How To Let Your Winners RUN When Day Trading

so drag the stop loss to breakevan, once you locked half of profits?

Sounds good but this strategy of taking 50% off the trade does not work in the long run. On your losing trades, you lose on 100%, taking only on 50% on good trades does not eventually break even. This is coz most of your trades will reverse after you take 50% and only a few will run for a longer time. The best way is to either close 100% and renter on a pullback breakout, or keep scaling out your position on pullbacks and finally close all 100%. This way your losses are covered and a profit is surely made.

where is that shirt from?

I love you Umar shukran for this free game

Great video and great information!

I have found it helps to know your stragety therefore going into the trade one can set a profit target thus having some idea of knowing what to do because once you are in the profit and don't know what to do the emotions will get the best of you every time.

this video is pure gold man fr

I agree to everything said in this video. However, in SOME markets - I am not saying all markets - if the momentum is right, it can also make sense to add to a winning position . I know CFD trading is not allowed in the USA, however when scalping e.g. stock indices via CFD´s on the short time frames, sometimes I have had great success with adding to winning positions. However, of course, this includes a somewhat higher risk.

this is my biggest problem haha

Hi! I use Tradingview software for crypto trading, and Tradingview doesn't provide footprint chart and volume imbalance etc, so where do I find them? Thanks

If it reaches my take profit. Im closing 80% hold 20% move my stop to break even. Let it run. Either way I'm not losing that way.

Or open couple positions, close one when you’re emotions turn you into a b*tch

Simple explanation . It's about setting trailing stoploss . And guys following word is belongs to me 1st. It's a v3 content . V3 means verymuch valuable video .

Very good strategy. I tend to sell too early, too.

can i use this for forex?

thank u sir

I really love this idea I know it’ll help a lot

Thank you

That is the best advice ever. I take half off then set a stop 2 points away (very tight) then walk away and do something else for an hour and come back. Never disappointed.

Agree woth him that wat i do

I approve this msg a lot. It works like very well for me. 💪

Man, you are unbelievable that’s the same thing that I will do scale out and take some profit and let the rest ride. You are a great teacher. Thanks for your information!👍👍👏👏👏😂

I like the strategy.. can you make a video in a real chart because some of the explanation I didn’t understand 😢

Hmmmm.... I think this might be very good advice :).

Great video

This helped me today, Thanks Ashraf.

♥️🇮🇳🇮🇳thx 😊

I disagree but I can see your logic… I’m a numbers guy. If you backtest enough historical data you should know your numbers. I’m a professional forex trader but that doesn’t really matter. If you are closing profits early, your backtesting numbers are going to be skewed. Therefore you’re really not going to know what your edge actually is at that point… it could be a lot worse just from taking profits early here and there rather that set and forgetting it.

Just have a stop loss duh

Plz shut up, I don't wanna know anything until u show ur 5 year pnl or trading in a live stream

Love the content.

Just did this today great advice

Fantastic advice

I love trailing stops :-)

After taking 50% of profit out, do you move your stop loss at break even or do you put a trailing stop ?

What if i am trading with one lot.

Hey Umar great video. I want to ask.Why should I sell instead of tighten my stop lose to the exist point? Is it good idea?

Not looking at you p&l and just focusing on the the set up is a great way to calm down your emotions

This was beautifully put together brother. Great Job. I always knew I should've been taking partial profits but just couldn't come up with a system that convinced me lol. Got 3% to go on my phase 2 and I'm definitely implementing this in my trading from now on. Like Comment & Subscribe well deserved. Looking forward to watching more of your content for sure.

Great video!!!! Love how you break it down!!

HEY BRO AMAZING KNOWLEGE

Good video.

To make winners run a trader need to know market structure very well ...be very familiar and comfortable understanding price behavior and trader behavior

Do you move your stop when you take half off the table??

Amazing man 🎉😊

Thank you.

Now what happens when your not trading shares, but your day trading and that +$250 profit instantly flips sideways as day trades do sometimes and now your -$250

Im gonna impliment it ra

LEGGGOO

Many thanks Umar for sharing !!!