Umar Ashraf is a 28-year-old entrepreneur and veteran day trader who turned $20,000 into $18 million through smart, disciplined trading. With 10+ years in the markets, Umar has built a loyal online following by sharing honest, real-world trading insights—including both his wins and losses. In this episode, he opens up about the mindset required to master day trading, how to manage risk, the biggest myths around crypto and forex, and why trading is one of the most humbling careers in the world.
00:00 Introduction 01:20 How Umar found his passion for trading 04:10 Trading alone vs. working for a firm 05:20 Teaching himself to trade & early role models 07:40 Honesty, USPs & what sets Umar apart 09:55 Beginner guide to trading (Pt. 1 – Markets, FX, influencers) 15:44 Beginner guide to trading (Pt. 2 – First trades) 18:10 Journaling, mindset & tracking your data 21:20 How the markets will humble you 23:45 Investing vs. Trading & managing risk 28:35 How long does it take to profit from trading? 31:40 Umar’s biggest wins & losses 35:20 Strategy or luck? 36:44 Coping with stress & enjoying the process 40:00 Managing finances & life in Dubai 45:50 Avoiding distractions & the power of networking 49:00 Social media, influence & building a personal brand 54:55 The #1 app for traders – TradeZella 1:11:40 Umar’s 2024 vision 1:14:25 Building Blackline Trading & leading a team 1:21:00 AI's impact on trading
» 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 » Custom Bioniq supplements – https://www.bioniq.com/mikethurston » Join @Whoop and get your first month free – join.whoop.com/FirstThingsThrst
Follow Umar: YouTube: /@umarashraf28 Instagram: @umarashraf TikTok: https://www.tiktok.com/@realumarashraf TradeZella: /@tradezella
Listen to First Things THRST: https://bit.ly/3JQWR1u
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