The Trading Expert - How To Get RICH In Your 20s *my trading method* | Umar Ashraf (E027)

Umar Ashraf is a 28 year old entrepreneur and veteran day trader who has dedicated his life to the markets. With over 10+ years in the industry, Umar has managed to grow his initial investment of $20,000 into an impressive $18 million through day trading stocks. Emerging as a trusted voice online, Umar generously shares his trading insights and occasionally reveals his earnings & losses. In today’s episode, Umar opens up about life as a full-time day trader, including the hardships, surprising truths behind forex, crypto and more.

0:00 Introduction
1:20 How Umar discovered his passion for trading
4:10 Solo trading versus working at a trading company (the differences)
5:20 Role models & how Umar taught himself how to trade
7:40 USPs, honesty & how Umar stands out from other traders
9:55 A beginners guide to trading pt.1 (markets, fx & influencer endorsement)
15:44 A beginners guide to trading pt.2 (Making your first trade)
18:10 Tracking your data, mindset & journaling
21:20 “The markets will humble you” - ego & dealing with loss
23:45 Risk management & the differences between investing & trading
28:35 The realistic timeframe for profiting with trading
31:40 Umar’s biggest win & loss
35:20 Strategic decision making or just luck?
36:44 Dealing with stress & “enjoying the game of life”
40:00 How Umar manages his finances & living in Dubai
45:50 Networking, distractions
49:00 Influence, social media & content creation
54:55 The #1 app for traders (& the behind the scenes of making an app)
1:11:40 The next steps for Umar in 2024
1:14:25 Umar’s ‘Blackline trading’ vision & building a solid team
1:21:00 The rise of AI and how it could impact trading as we know it

» Escape the 9-5 & build your dream life - https://www.digitalplaybook.net/

» Transform your physique - https://www.thrstapp.com/

» My clothing brand, THRST - https://thrstofficial.com

» Get your customised Bioniq supplements - https://shorturl.at/fRV67

» Follow Umar «
Youtube:    / @umarashraf28  
Instagram:   / umarashraf  
Tik Tok: https://www.tiktok.com/@realumarashra...
TradeZilla:   / tradezella  

Listen to First Things THRST: https://bit.ly/3JQWR1u