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Chatting with a 23-year-old Stock Trading Millionaire

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Umar's insta ▶ https://www.instagram.com/umarashraf/ Book he recommends on Stock Trading ▶ https://amzn.to/2LwshtV Chatting with Another Stock Trading Millionaire ▶ https://www.youtube.com/watch?v=PbbsNsdwjLM&t=952s Follow my instagram ▶ http://www.instagram.com/mrhales109 Get a beautiful watch! Use code "LAHWF" for 25% OFF ▶ https://www.durden.life/ Chatting with a 23-year-old Stock Trading Millionaire interview "A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker. Such equity trading in large publicly traded companies may be through one of the major stock exchanges, such as the New York Stock Exchange or the London Stock Exchange, which serve as managed auctions for stock trades. Stock shares in smaller public companies are bought and sold in over-the-counter (OTC) markets." - wikipedia Camera i use ▶ https://amzn.to/2ruQgST Mic i use ▶ https://amzn.to/2Ka6zM7 Subscribe for Weekly Videos ▶ https://goo.gl/6HjQXE Follow My Instagram ▶ http://www.instagram.com/mrhales109 Follow My Twitter ▶ http://www.twitter.com/lahwf Like the Facebook page ▶ http://www.facebook.com/lahwf Things i Use & Love ▶ https://www.amazon.com/shop/andrewhales I am a participant/influencer in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Some more very easy ways (and free perks for you!) to support me: - Have you tried Airbnb? Sign up with my link and you’ll get $40 off your first trip ▶ https://abnb.me/e/XyfWta5TAM - Book a Cameo! I'll shoutout or say/answer anything you want ▶ http://www.bookcameo.com/lahwf - Free $5 Uber first time promotion code ▶ "UberLAHWF" - Liking the videos! - Turning notifications on with the bell by the subscribe button! - obviously subscribing! - commenting! I read them all (at least on the first day anyway) - Buying the Merch or my favorite amazon products Of course, I understand what's most important for my livelihood is to consistently upload interesting content for you that doesn't suck. It's a blessing to make videos for a living and everything you've done for me thus far, even if this is the first video of mine you've ever clicked on, (and especially if you've scrolled down this far in the description!) is much appreciated. I will always be grateful for your viewership. For these reasons, you're the goat. OT4Y OT4Y, Andrew Hales LAHWF Send Fan Mail (or anything else you'd like) to: 5419 hollywood blvd. ste. C825 Hollywood CA, 90027
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Text Comments (4645)
Umar Ashraf (4 months ago)
To answer some of the questions people have: 1) How'd I have 20K saved up at 18? I Bought and resold items off craigslist, primarily iphones. Worked two jobs and I was very smart with my money and frugal and barely had any expenses at the time. 2) How'd I have such a high credit card limit? I opened a capital one credit card at the age of 18 and used it every month and after 6 months, I requested a credit limit increase and then opened a discover account and used it every month. (Many people here need to educate themselves on credit cards and how to get a higher credit limit and ways around it) 3) "Never take a cash advance and start trading. Worst trading advice" First i didnt do a Cash Advance, I did a BALANCE TRANSFER with a 3% fee for 18 months. Basically, you pay 3% on the money you take as a one-time fee and don't get charged interest for 18 months. (look it up). Yes, I know what I did was risky, but at the end of the day, you need to take risks to get forward in life and from what I​ see most people here look at risk at a terrible thing. I believed in my trading strategy and it was working so I needed more funds to get over the PDT rule (need 25k+ in your brokerage). I took the risks I was comfortable with taking and worked out, no one needs to take the same risks. 4) "Trading is gambling" Trading in fact isn't gambling. You need to learn how to read price action and purchase stock whenever theres a lower risk and high profitability in play. For people that know trading understand, for the ones that dont, theres things called Moving Averages. MACD, RSI, Trends, Support, Resistance and so much more that help you align your trades. 5) I post all my trades on my IG story (IG: umarashraf) including losses and show transparency. 6) I never said I took my total brokerage account from 25K to a million. As I got better, I funded my account with more money through jobs I had and then eventually was involved in other businesses and always kept funding my account and kept living expenses to a minimum. This is to educate people on youtube that are starting out that anything is possible. You will need to take major risks and invest TIME into whatever you may wanna do. Don't let "youtube Trolls" discourage you by showing everyone who is "successful" is either a scam, or from a rich family. People put their own insecurities on others so don't let them bring you down. Good luck to everyone trying to get ahead in life, wish you guys nothing but the best :)
Jack McMillan (15 hours ago)
damn! you called the crash
Milz Azad (5 days ago)
can somebody or some one show me the best/right direction towards being sucessul in the market pls..... Any advice, suggestions, links or support shall be taken on board and apprectiated....also like to wish the best for everyone thats trading.
Bashar Khan (8 days ago)
He's making money and still people are like ... "It's haram " Like is it ? 🤔
Clash Gamer (8 days ago)
ppl are missing the point he made... everyone is saying it is impossible that he made continuous profit...he never said he made continuous profit...he told that if u make trades u will have both profits as well as losses but u have to make sure ur profits are greater than ur losses
O Santiago (5 hours ago)
I was motivated to start learning i even bought a couple of books, finished 3 of them, charting, stocks introduction, stocks for dummies etc, then i opened an account on ameritrade , made a deposit of $5k, started looking for what i think are good stocks .stocks like ONEOK Planet 13 ACB and CLOUDERA caught my attention because of the volume, projection revenue , recent acquisitions etc but then i was like what am i doing? i started questioning myself, how tf i am going to make any profit and compete against millionaires and pros that even own a Bloomberg terminal or whole firms that will be ahead of me all the time, like any good information i may find, some one will find it first, i dont know.. i was really motivated but then... i dont know what to do.
Lucas Norrie (6 hours ago)
What’s with the stoned interviewer? He’s hilarious!
Bruce Lee (7 hours ago)
Who tf confuses a trader with a broker?
Ken G (11 hours ago)
This could have been a much better interview. Umar is like this rare gem, open dude, willing to answer questions. It should have been longer, with way better questions being asked. And allow him to delve, instead of cut him off and ask another question right as its getting good. And plug their stuff better. I had no idea Umar teaches this stuff. It's not clear from the interview
Steve Harris (13 hours ago)
Well done mate, I'm trying to find time to learn.
Subar (17 hours ago)
Pff how you just watch the marked and watch you tube videos and you learn to trade I will believe you if I see unicorn next time looking over you shoulder
Friskers Coffee Break (18 hours ago)
I love how all the "millionaires" in the comments are giving their 2 cents. lmao
dabdab10 (18 hours ago)
Why do you give scammers a platform?
Abbas Syed (19 hours ago)
I like this guy he frfr
Kalebess Eskew (20 hours ago)
The interviewer is a monotone loser. What a joke
Only Index (1 day ago)
Bitcoin it's just a fraud ! Trade into indian index Nifty50 & BANKNIFTY Start intraday with us Follow @onlyindex at Twitter
Glen Polo (1 day ago)
the interviewer seemed soooo stupid, i felt bad this guy had to interview with such a stupid guy lol
City of Stars (1 day ago)
If you're investing in stocks, going in blind is a gamble. If we're talking about real gambling, going in blind is a MAJOR risk factor... but after understanding the combinatorics, strategies, and tricks of the trade, you can figure out what game is worth your time and how often should play your hand. Of course, you can't always beat natural disasters or a little bit of luck (that x% chance of somehow losing), but the fun is in succeeding after successive attempts.
Stan Tep (1 day ago)
The interviewer is brain dead
david volckmann (1 day ago)
*Interviewer, bro, WAKE UP!!! You seem totally stupid.
ultrapurple111 (1 day ago)
A really disappointing interview. Umar was fine and answered what was given but the interviewer asked some poor questions and failed to follow up on some interesting points Umar was making As an example, he didn't ask Umar what his specific trading methodology was. I still don't know having watched it. You can tell the interviewer does not have any form of trading background. He also lacked any sort of enthusiasm. The only insights I got were due to Umar's answers.
Jibon Ali (1 day ago)
If the value of its currency hold declines below the floor, the holding is liquidated to ensure that the business doesn’t lose value. I am with Bprimes and using stop loss order to protect my money. A stop loss order protects the value of a business’s currency holding by establishing a floor on an acceptable exchange rate. This floor represents the maximum the business is prepared to lose on the currency trade.
Harry Singh (2 days ago)
The interviewer has no idea about stocks but is trying to sound like he does. He looks and sounds weird as fuck.
rand ross (2 days ago)
FAKE
joe (2 days ago)
Bitcoin is the future
pam m (2 days ago)
@Umar Ashraf your stock went up with gold because when the economy isnt doing well, people buy gold as a backup incase everything crashes
Luck (2 days ago)
The interviewer is clueless.
Marcelo Teixeira (2 days ago)
Nice Scam !! lol
Chris Malcon (2 days ago)
I lost a lot when i tried investing myself. Maybe i wasn't smart enough but what worked for me was to allow a pro trade and i get a great percentage of profits weekly/monthly. Best decision i took all thanks to Shelby Alvani
Chris Malcon (2 days ago)
her email is [email protected] com
Chris Malcon (2 days ago)
personally i invested 8000 and i've made almost twice that after 2 months
Daniel Brandon (2 days ago)
what's her contact please
M.Tugce (2 days ago)
I'm under her program too. Great lady
FaMulan (2 days ago)
i'm new to trading please put me through
breddythewinner (3 days ago)
do a chatting with Steven Dux. Dude went from 27k to 3 mill in three years.
Mel Bailey (3 days ago)
And please dont tell anyone I called you... 1.8M views later lol.
j b (3 days ago)
$20,000 saved at 18? I’m sure the bank of mum and dad helped you out.
The Truth (3 days ago)
The stock market crashes every 9-12 years. That's why he is saying its extended. The last three stock market crashes happened in 1987, 1999-2000, and 2008. it happens almost every ten years now a days.
samarth jain (3 days ago)
Shit talk
Lewis RobotStuff (3 days ago)
Well he called the market crash, although I think we all saw it coming.
Foot Napkin (3 days ago)
Interviewer seems bored as fuck. Doesn’t seem attentive at all! 😂
Real McCoy (4 days ago)
The man is having his withdrawals really bad. Some one get him his fix. Real talk.
nick souba (4 days ago)
This interviewer is dumb as hell lol......"wait....the dollar is going down"?
omwttt (4 days ago)
Hope this guy took his own advice. Market crashing like he thought!
Mario G619 (4 days ago)
Oh yeah a the typical Senior in High School has 20k sitting around.. lol it’s nice when you already have cash to flip not when you have less than 5k 😂😂 but I get it
NP Dhamala (4 days ago)
he is indian ?
Jamal Grady (4 days ago)
The interviewer knows this guy is full of it...look at his face 15:00
incubus (4 days ago)
He should write a book I'm feeling it will be the best
bad interviewer, u look and sound like narcissist but i know you aren't .
lack of warmth
TARUN JANGID (5 days ago)
Fake fuckers
ronald robillard (5 days ago)
Ricky gutierrez is a scam artist. He targets gullible highschool kids and refuses to show his p/l report. Every professional trader that charges money and is legit shows their p/l
Theo Murugan (5 days ago)
This guy gives me david blaine vibes
BrUSomania (5 days ago)
lol, the way this guy explains his initial investments... It's literally me!
Lonnie Jerry (5 days ago)
Heavens smiled on me the day i came across Lutherangrants com .I am so happy ,i just received a grant of $24,000 from them.
Being Mr.G (6 days ago)
lol the interviewer is high asf on weed i guess
K I (6 days ago)
scam!!!!!!!!
Oliver Bellwood (6 days ago)
never seen a less charismatic interviewer. looks like hes high on tranquillisers and about to throw up all at the same time.
Love & Live (6 days ago)
Guys I got a call from Arotrade. She told me to deposit minimum 250$. So my question is Arotrade really works or it’s just scam?
Pedro Lucas (6 days ago)
Trading with Mrs Benca is the best I recommend WhatsApp (+13204925887)
Amran Mitwari (6 days ago)
This interviewer is the worst!!!
GangstaNerd 305 (7 days ago)
He does not talk like a millionaire.
Robert Papion (7 days ago)
He told
Jxvr (7 days ago)
He's done really well for himself but I would of preferred the real story
Ruut Speak (7 days ago)
No secret. Just wait for another Great Recession, buy 52 week low never higher, wait 5 years or until you double or triple and sell. Not rocket science. Now repeat. Good Luck if you believed him or me you will need it. 😜
DisarMy (7 days ago)
He was right about the market crashing, gotta give him props.
KvngRxco (8 days ago)
I'm subscribing to everyone who comments on this post after subscribing to my channel!
Tahir Alvi (8 days ago)
I AM PEER OF BITCOINS GURANTEED FRAUDLESS AND LOSSELESS CONTACT ME 1 773 507 4154 USA ONLY SEROUS TRADERS.
Lulu (8 days ago)
The interviewer looked really tired like he needed to get some sleep.
AN Green (8 days ago)
I've actively traded for years. If you've traded for years then you know this guy is a real trader. He says things that only real traders will experience. He may lose all the money he talks about, but I HIGHLY doubt it. He is very wise. Coming back to this video and seeing he called the crash that we have just experienced is proof. Great Call. (at the time this video was posted Aug 2018 DOW Jones was 26,000, it crashed to 21,700 in late December and DOW posted a 1000 point intraday drop in that time frame) keep investing Umar!
Chill Out! (8 days ago)
Who the fuck has 20k credit card. I only have 4 😂
Matilda Willow (8 days ago)
Trading binary options changed my life, are there traders here, do you want to be financially elevated contact Mr Greg Only serious traders, he will help you. feel free to contact him on his [email protected] com
Jimmy Sandhu (8 days ago)
Yeh Asians have 20k savings and live at moms house etc etc, so no risk here mate
Altaf Vlog (9 days ago)
Wow great video love to watch more,nice video thanks for sharing with us
A Z (9 days ago)
I personally thought the host was hilarious in a way lol fucking weirdo haha
Noah Hornberger (9 days ago)
use a high pass filter to remove the sub-bass rumble room sound for a cleaner listening experience. cut everything under 100hz
Justin Yung (9 days ago)
He literally said bitcoin has potential long term when first asked and then later on he says he doesn’t have it because long term it is nothing special?
Jake M (9 days ago)
The Trend is in your head
Tina Le (9 days ago)
Andrew hales is a fucking idiot! He sounds so fucking retarded
Tina Le (9 days ago)
The interviewer white guy is a fucking idiot! He sounds so stupid its unbearable
CARLA. (9 days ago)
The adam22 of important shit lol
Paul McGahuey (10 days ago)
Too have to talk all day as you setting there having time of your life now I'm down all time never won't only thing I'm hoping shell hate me but help me
Alex Jones (10 days ago)
15:48 Dumb question But the answer blew my mind... How stupid
Alex Jones (10 days ago)
Muslim fucks always pretending to be smart... All the money u have comes from oil sales...
Magnified (10 days ago)
Wild guesses dont work ALL the time.
TheWorlds Greatest (10 days ago)
He owns ripple,ethreum etc their prices are affected greatly by bitcoin so why did he buy them?
TheWorlds Greatest (10 days ago)
Chatting with a trump supporter
Jaime Romo (10 days ago)
This my second video I’ve watched. Your chollas mood and forward question keep me entertained. I love It!
John Daiwa Panagiotou (10 days ago)
Millions it not when you die you take shit with yea
aeliz_ t (10 days ago)
What about Walmart stocks? Are they good to invest for people like me with kids I'd put little money to put up?
MrSly025 (10 days ago)
That’s an Indian scammer, I know him
Rushitrades (10 days ago)
What a clown lmfaoo
Trouble Damn (10 days ago)
That’s why they don’t teach anyone the direct way they know because everyone is competition.
Jon Davis (11 days ago)
Can someone please train me how to do this. I have no career job
Pedro Lucas (6 days ago)
Whatsapp (+13204925887)
Robinx7 (11 days ago)
11:30 - 11:38 He is so FUCKING salty because he never invested in bitcoin the right time LMAO, at one point BIT COIN rose up to 19.2k a share. 50 shares = $960,000 fool.
Robin Leon (11 days ago)
20,000 in one stock? Pfftttttt
Nostro (11 days ago)
Stupid kid was born rich.
skorpyo33 (11 days ago)
Take that money and invest in cashflow real estate.
Sero Aghababayan (11 days ago)
Crypto is gambling stocks are not.
Opturan (11 days ago)
This interview with Umar seems very fishy, the way he presents himself shows that he indeed has made some trades, but he is far from talking like a real successful trader.
Irene Milla Ofosu (11 days ago)
The interviewer is interesting 😂😂😂
David Cleaves (12 days ago)
To be honest anyone, almost anyone could have made money in stocks over the past 8 years,the government ballooned the market up,and people pumped up gold after the recession,low interest rates fueled corporate growth and low fuel costs keeps it going..try making money in a year.
daft pump (13 days ago)
the interviewer has all charm of my moms taint
daft pump (13 days ago)
missed the part about crypto? get out of stocks, shits dead. come on over to cryptocurrency when youre ready for the future :)
Angel Ramos (13 days ago)
20G at age 18 🤔
The Buddha (13 days ago)
The host is a fucking idiot.
Jack Corsellis (13 days ago)
Another great video, you always make it so simple. You've motivated me to start my own YouTube channel about my Stock Trading Journey, new videos posted daily. Please check it out guys, would love your feedback and support!
in d (13 days ago)
Blur bluf
in d (13 days ago)
U don't reply Umar asraf..
The Wedge (14 days ago)
I bet this dudes parents are hella rich and thats why he was able to start with $20k... they probably own like 10 7-Elevens.
1 Dave (5 days ago)
yes, his parents are rich as fukk, go check his insta in the pinned comment....daddy bought him a lambo at age 16 or 17
Anna (14 days ago)
The interviewer looks confused nervous and sweaty at the same time lol but all of us here are seething and wishing we made better choices at this age before

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