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

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 Introduction01:20 How Umar found his passion for trading04:10 Trading alone vs. working for a firm05:20 Teaching himself to trade & early role models07:40 Honesty, USPs & what sets Umar apart09:55 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 data21:20 How the markets will humble you23:45 Investing vs. Trading & managing risk28:35 How long does it take to profit from trading?31:40 Umar’s biggest wins & losses35:20 Strategy or luck?36:44 Coping with stress & enjoying the process40:00 Managing finances & life in Dubai45:50 Avoiding distractions & the power of networking49:00 Social media, influence & building a personal brand54:55 The #1 app for traders – TradeZella1:11:40 Umar’s 2024 vision1:14:25 Building Blackline Trading & leading a team1:21:00 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/FirstThingsThrstFollow Umar:YouTube: /@umarashraf28Instagram: @umarashrafTikTok: https://www.tiktok.com/@realumarashrafTradeZella: /@tradezellaListen to First Things THRST:https://bit.ly/3JQWR1u