Chatting with a 23-year-old Stock Trading Millionaire
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- Опубліковано 18 жов 2024
- Umar's insta ▶ / umarashraf
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Chatting with Another Stock Trading Millionaire ▶ • Chatting with Another ...
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
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12:43: “I think the market is going to crash in 2 years”
2 years later: corona
That man is Nostradamus
haaaaa
Market crashes every 5 to 8 years. We were long overdue.
Why think negative
@@shoebkhatri9778 its an inevitability. Most things work in cycles, including the stock market.
@@dre6289 yeah we all knows , but stock market is like earn and run, don't stay for long time... It's a good way of earning small and making big by some other business ...So always think positive and avoid this negative crash.. earn and run... Best logic of life.
12:54
my dude actually predicted the market crash
Legend
was about to say!
Legend big probs he's gonna buy up right now at the perfect time!
Not to discredit him or anything but every ten years or so a recession occurs in the market, it took 12 years (so 10 years when this video was filmed) and even then it's only because of Corona virus that this particular crash happened or is this bad.
Guys please. I literally know nothing about trading. Where can I start learning about day trading? I want to put the work in I just don’t know where. Please could someone recommend books or literature or videos that aren’t trying to scam me and take my money? Thanks
probably buying like crazy recently, there was some huge discounts going on, you could flipt shitloads in the recent two weeks
This series is actually doing very well, congrats Andrew. Happy for you!
Andrew is living up to his potential. I bet the church is very proud of him.
WRITE ME DIRECTLY FOR LATEST TRADING,UPDATES AND INFO................................W.H.A.T.S.A.P.P.......+1..6..3..0..4..5..4..-7..2..9..4............................................
I'm providing Umar Ashraf's Course for cheap! contact if interesed (contact details are on my channel profile)
Crazy watching this now compared to 4 years ago. Learned so much in the markets and this guy is just absolutely killing it.
same sentiment here, lol, good times good times
The host looks like he’s low key and FBI agent trying to get the guy to confess to something illegal
Alper Cagin 😂😂😂😂
He's high 😂
"Interesting..."
🤣🤣🤣
"wow okay hold on. Why.....?"
Pretty sure Riyad Mahrez made his millions playing soccer, not trading stocks
*Riyad
extremedude1234 I won't be corrected by any dude, no matter how extreme he claims to be
football jokes in a usa channel, definetely not looking for likes xDDDDDDDD
Allan Patrick Murmann Knebel USA channel may indicate why I called it soccer.
lol
If you need a chatting with a broke college student who doesn’t know what their doing with their life and has constant anxiety let me know Andrew! Haha
Doppel Ganger909 same
@Truth Army we all are
Truth Army I bet you would watch my video if Andrew interviewed me.
BIG ROB FITNESS lol
college was your biggest mistake D:
This interview literally changed my life. When it first came out I was 20yo hating my job and life thinking what career should I learn to get out of ratrace and then YT recommended this video. It motivated me to start learning. So far I had bad times and profitable times, lot of ups and downs, mistakes, thinking about giving up or it's all scam. But after 2 years I see the progress and I see what comes in 2 more years, 4 more years and so on. This motivates me. Now I feel like I will have a future. And it's awesome. Thanks for this interview!
You’re a rapper though Rocky
Glad to hear where are you now ?
@@1i1x why are you so negative. being a douche bag won’t get you anywhere
yeah people underestimate how insightful this dude really was. I dont believe courses are his shit like those other daddys boys. Me two years later as a senior, ive learned so much since those times in 10th grade
How are you doing now?
The host is so suspicious😂😂
The host is $1 million broker than the guest...
Right?! I don’t know if I like his style or not...
He’s smugly condescending, even as it becomes clearer and clearer that he knows far less than they guy he’s interviewing.
*smugly condescending* “wait, did you say the dollar is going down in value..?”
“Yes, it’s called inflation.”
“Oh... right... yes I see.” *continues smug skepticism*
Are all you guys dumb? The interviewer doesn't have to know anything about the guy, that's why he's asking questions. It's called "Chatting With."
Bruce Wayne he can do so in a way that isn’t so damn smug and doubtful. His attitude should be genuine interest. Instead it’s almost like he’s low key making fun of dude.
20k saved at 18? You were already winning
Martin_STI that’s not hard. If your working a part time job at 14-16 and save almost your WHOLE PAYCHECK cause let’s face it you live with your parents and have no responsibilities you could save way more than 20k by 18.
Yasmin Lisette you have a point but like he said he was really frugal
Where I live the student min wage is 14 bucks an hour so you can have a saving of 70k by 18 lmao
Yasmin Lisette that’s bullshit 10k max I’d say
NutLover360 I highly doubt that ahaha
The host looks like he is stoned.
i love this guy, he almost seems like he gives a fuck at one point
Its from daily adderall use
Certainly sedated. Perhaps, it is the coffee he is drinking (if it is actually coffee). LOL
Yeah, I thought it was just me..
The host is so freaking dumb
Jobs will pay your bills, business will make you rich but investment makes and keep you wealthy , the future is inevitable
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mr Harold
He has been handling my account for years
Wow I'm just shock someone mentioned and recommended expert Mr Harold I thought I'm the only one trading with him
@@charleschan8235 You don't need to be shock because I'm also a huge beneficiary of expert Mr Harold
@@charleschan8235 He help me recover what I lost trying to trade for my self
He looks like a millionaire who started life as a billionaire.
🤣🤣🤣🤣🤣
Lol hes so young. Give him a break
Wish I had 20k in high school
where is the truth!!!
@ D.Ryan no disrespect, how can a human "look" like a billionaire ? It is possible the man's has a wealthy family , also possible he worked for it fully on his own. Either or I congratulate his success and desire to learn from his wisdom... Made me laugh LOL although I would like to share the idea or opening mind more vividly in order to help you out more. By any chance does anyone invest in Jewelry
This has become one of the great things you can possibly watch on this now over-saturated UA-cam. Keep it up and keep improving Andrew.
He looks like an arabic version on Big Sean
OKTAU That's the only reason I clicked this video lmao. I really thought I'd see more comments like this
Yep were brothers
Now I can't unsee it
LMFAAAAOOOO
Looks like an Indian version but yea
Staying calm through the daily marketprice changes isn't an easy feeling to bottle in, With the current price I will advise investors to trade and stay gallant before the bull run
You are on track I still strongly believe btc is going back
to $49kÚSD and even more record before year ending, although that's my personal opinion
if you want to be successful, have the mindset of the rich, spend less on irrelevant things and invest the rest so your money can generate more money for you even while you sleep.
How do y'all benefit from all these
@@craigpolk5890 I agree with you. A lot of my friends who are holders are currently going crazy over the sudden drop inprice.
@@scarlettjohansson5967 It's quite easy, you may choose to venture into the financial market and specialize on either Stocks, kryptocurrency (b!t coin ) or real estate
How many times did he have to explain to this guy that he took 20 k and put it in to one stock. That stock was JCPenney. This guy is a little slow
jersey boy its the epitome of “my family had a lot of money and I got lucky by blindly investing in one single stock.”
There’s nothing to be learned here.
MapleLeafAce his family didn’t have a lot of money he saved that himself
@@MapleLeafAce to be fair he did say that was luck and that's why he lost it all.
I was a little confused too because 20 hundred is $2000 then he would say 20k which is 20,000 so i think thats what confused Andrew because thats what i was a little confused about as well.
Interviewing style for entertainment
I like the host, it makes me feel less stupid about the topic 😂 he's just an everyday 9-5 person asking questions
everyday 9-5 with a 2mil yt channel thats probly making thousands a week off it lmao.. smh dumbass
I also like the host make the interview bearable and cool
Its just like he's having a normal conversation with a millionaire
Mista _Wo he doesn’t work a 9-5....
bet he makes twice as much as you tho
@@AmaAndZing obviously him acting like your average lower class regular person in this situation went over your head. Think before you type some shit that only 19 people will like💀
When did Riyad Mahrez leave man city to start stock trading I’m so confused blud
Lmao looks like him
I honestly clicked on this thinking it was Mahrez' interview...
@@theytookmytubetoyou so did i lol
thought hes in lester city
Lol , I like ur sense of humor
The long term are doing well while the short term trade requires precision in its execution but gosh, they do amazing when you're on the right side
Trading is very profitable with the of a seasoned broker managing your trading account
I will introduce you to my broker expert Mrs BAMBI ALEX J
Even with the covid-19, i made my profit during the covid-19 pandemic investing with expert BAMBI ALEX J I'm now on my way to financial freedom
MRS BAMBI ALEX J is legit and her methods works like magic I keep on earning every single week with her new strategy
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert BAMBI J
Pfft, well I once found $20 on the floor.
Same. But that was days after losing a $50 note.
Its not there. If there really was a 20 dollar bill, someone would have picked it up already
Lol
I was that someone.
Pfft, well I once robbed $20 from a kid that I pushed onto the floor.
Andrew seems like he is really interested in this but y’all know he is too lazy to actually get into it.
I feel like that’s almost everybody when it comes to the stock market. We see successful people that made it in the business but then realize it takes too much effort to get into and learn everything.
him and every fucking loser... talk talk talk and now you're fat and old
😂😂😂
Do “Chatting with a mute” next Andrew, would be interesting to hear their story.
Paddy Hear a mute's story?
Google Account sarcasm my friend
Mute spitta = goat
He said he expected the market to crash within a year or two and a couple of months later the downturn started and there was a big xmas dip. Smart guy.
Director: how much drugs do you want in this interview?
Host:yes
😂😂😂😂😂
loll
Umar: Hey man, you want some ludes?
Host: Sure, I'm always up for new experiences.
Umar: Cool, cool! I can't do them, because I took coke earlier. Not supposed to mix medicines.
Host: Woooah. The wooorld is so fassst.
Umar: Yeah man. I'd take you on my yacht to do the interview, but a storm swallowed it.
Host: Wooow.
DO NOT TAKE A CASH ADVANCE AND PUT IT IN THE STOCK MARKET!! He is the exception by far, not rule.
I know right. Some kid is going to see this and fuck his credit up.
Agreed
why cant you borrow to invest? Personal finance books tell you that good debt for investing is good. Bad debt is a mortgage or car loan that doesnt make you money. (unless your car is for a business, or your house is going to be rented out.) If some kid sees this, borrows 20k and throws it to the dogs, he deserves to have his credit fucked. Someone who wants to become wealthy and will take the time to learn, should absolutely consider acquiring more capital if he has a strategy that he is ready to test. Everyone who becomes riich in this world, takes on risk and fails at times. Maybe the stock market isnt for you, but dont discourage others. There is a reason you guys commenting will never be rich.
Ryan B
I have a little over $80k saved up at 20 years old(super frugal) and completely agree with his comment. Risks are necessary at times, but that is not a risk worth taking. Sure, going into debt by that method is better than going into debt over a car you can’t afford, but that doesn’t mean that it’s a good choice to make.
To add onto my comment, it is not a risk worth taking the majority of the time, for the majority of people. It has clearly worked for some.
This guy had a Lamborghini at the age of 18, less than a month after his birthday. The JCP did not move 12.5% in the month of January, yet alone in two days, it was impossible for him to make $2500 from $20000.
Here is what really happened - he comes from a rich family and is using this stocks bullshit to scam people.
I checked his insta and he seems to be one of those frauds who sell their 'lessons' that includes stuff you can find yourself on the internet. People looking to get rich quick fall into it and end up spending thousands. Doubt he's making much from just investing in stocks.
Harris Majid yeah he seems ropey.
@@GochiCity 90% of the people who day trade lose money
He doesn't sound like he knows what he's talking about
He gives me the same vibes as Tail Lopez.
The internet has created more impact in our life, financially, socially and otherwise, for the betterment of our lives.
The Bitcoin market is home to endless financial opportunities, if you are not focused you will get sucked in crowd thinking, but thanks to expert Mrs Tessy for is contribution in the crypto space without her a lot of us will be lost in a day trading.
Bitcoin is fast rising and if you are lucky to have a good broker, then i believe you have absolutely nothing to worry about because you are in for a financial upliftment.
@@anthonyparker1842 You are right my friend, a lot of people are ignorant to understand that Bitcoin is the future, in fact, i think is one of the best thing that has ever happened to our generation.
Trading has not been going well with me, I have invested a lot of time and failed, I trade on my own but each time i keep losing money.
@@angelascott2490 Self trade is too risky if you don't have the knowledge and strategies on how to trade and read margins.
This computer gen is serious making me go nuts!!! They know so much.....
50 old's are still struggling,,, at 23 a dude is a major bucks!!!
It's crazy
A lot of internet stories are false & lies. This hyper showing off and millionaire status is done to build credibility for an internet social media persona so gullible people can buy the "mentoring" courses and get-rich-quick books that these "gurus" sell.
A guy who turns 20k into 1M (50x multiplier) will be able to turn that 1M into 50M. That guy doesn't flex on instagram and sell courses.
thearcher Social media presence is important for earning money
thearcher the thing is everyone flexes on Instagram, even the richest.
What I learned.
1) "It's not a gamble"
2) "Trade on margin!"
3) "Best decision ever is to get a line of credit and use that for trading"
Noah none of which is real advice. It IS a gamble because there’s no true way to anticipate what stocks will do, you are not going to get rich fast. Most people make their money by sitting on a stock for a long time riding out the highs and lows until it hits a level they’re comfy with selling at.
And never take out loans to use to trade. If things go bad, you’ll be shit out of luck and you’ll now have debts to pay off.
all this is usury
what you shouldve learned.
Trading is one of the most valueable skills you can learn. its not easy, but it will stay with you for life and is applicable thru everything.
2) you have to take risks to win.
@@MapleLeafAce you are really clueless
More important thing is emotion and trading psychology... Because you will lose so much and you can't let it get to you.. Its a big part... At the same time if you're successful and earn a lot you can't get euphoria get to you... If you do, you wont succeed.... You also have to understand that strategies are very important.. Sticking to one is important.. but emotion is far more important. Patience... It will take months and months of demo accountw and paper trading... Maybe 1 year...Only then you should trade Real money..when you see consistency in your demo account.
Risk management is absolutely crucial... 1%... And Profit loss ratio... Crucial... You will need to risk but the risk needs to be managed.
Rule No. 1: Never lose money. Rule No. 2: Don't forget rule No. 1... This is a quote by the greatest investor of this era.. Don't go trading without first getting consistency in a demo account... Because you will lose it all.
The interview was about Umar and what he was able to accomplish. The host was great. He was able to extract a bunch of detail from Umar. He may have been high, but that added to my entertainment value; the juxtaposition of his very mellow energy...or lack thereof....to the high, so to speak, energy of Umar Ashraf's.
he completely predicted the extreme market crash we are experiencing right now :)
You can’t predict a virus but this guy is great
trust me when i say this. the people that are ACTUALLY making money in the market aren't gloating and show boasting on social media.
Yeah, because everyone knows that all wealthy people hate showing off how wealthy they are.
This guy is making money selling course rather than trading. Real traders don't sell courses. He has no credibility with no verifiable broker statements.
i met this dude, hes just as humble and chill in real life
He has shown his statements
It’s an interview.. lol!
The interviewer doesn't know much about basic economics.
Most people don't, sadly. That's part of the problem of our time
theyre chatting... lol
Brad Strongman good lol they don’t need to
Brad Strongman or maybe he’s asking basic questions so the basic viewer who has no clue what he’s talking about can have more elaboration
Never heard of the SEC, thinks he heard SCC.
I'm a full time stock and more specifically Forex trader and I thought this was a great interview. Regardless of what people think of Umar, the basic points he makes are sound and the questions were newbie enough to give a brief summary of what trading entails. Most traders don't think about 3:1 risk management or understand that a trend takes "pit stops" to "sleep" etc. More than half of trading has to do with emotions even though one spends a lot of time pouring through the why (fundamentals) and then ultimately making the decision of when (technicals). You can doubt yourself at all entry points of a trade, but over time when you have discretionary trading strategies, your confidence grows even if you lose a trade. I've already sent this video to a few friends who are interested in getting into trading. Makes for a good foundation for conversation to build from without me confusing them with too much info.
interesting username lol. Wish I was a playboy too.
I'm just getting started as well. I'm very interested in Forex trading
Thank you for that bit of positivity. Even though I only have about 4 months of full investing experience, I can tell that at least a few things he said are basically almost factual. Idk what it is with these people and negativity.
Best to make sure you have all of your ducks in a row first!
R e efv fr x
He called the Market crash idk how but he did 💯
He didn't call shit, his reasoning for the crash is completely wrong.
his dream of market crash happened due to Covid19 pandemic , he must be doubling his millions now
The most important lesson that Umar gave you: If you lose money, someone else gets them (at least in general). If Umar earns 1 million, there are probably 100 ppl that lost 10k to him. Its about as same as ppl dreaming of becoming footballstars or something, many tries, over 99% fails.
I feel sleepy every time I hear the interviewer's voice
Yo pass the joint.
🤣🤣🤣
True
🤣🤣🤣
Go sleep bro ..why r u here then... U here cause u cant sleep huh???? Chutiya
Wow, he actually successful transition his channel from awkward pranks to awkward and genuinely informational interviews. Kudos man!
“Long term I don’t see anything special in it”
August 2018 Bitcoin: 6k
Today Bitcoin: 40k
Oooof bud. You’re missing out
that is not long term at all XD. dont know the guy but he is right long term meaning when it is used and adopted mainstream as a currency it isnt AS special
He is actually holding a lot of BTC long term now lol, prob since around 20k lols
The guy actually means the long term as in 2030-40. He wanted to say BTC will be flipped by better coins like ETH.
DO NOT open up a credit card and use a cash advance to put on the stock market. That's an incredibly stupid thing and he would have been screwed for life if he didn't get lucky.
I only invest in the stock market with credit cards and other forms of unsecured debt. Your advice is why most will never make it in stocks.
@@NUCLEARARMAMENT your advice will lead to suicides
LOL@@rickmorgan1441
@@rickmorgan1441 I fail to see how he is providing any sort of advice. He was just stating how 'disregarding credit cards' may have an affect on the people starting out in the stock market. In addition, im also intrigued to see how someone may commit suicide by taking out a credit card, so could you please elaborate on that?
If you use correct risk management to and make sure you can pay what you borrow using a credit card with cash back will be benififcial
Chatting with a war veteran with PTSD.
RUST IN PEACE
Actually, chatting with anyone with PTSD.
Why do people think that only veterans have PTSD? I am diagnosed with both PTSD and ADD or ADHD. And trust me, that combo is toxic... Andrew should have contacted me for an interview lol
@Get It I was diagnosed some 5 or 6 days ago. But the psychiatrist told me that I was basically born with ADHD and that the whole PTSD story started when I was about 10 or 11 years old. The doctor was kind of angry because my parents didn't bring me to the doctor when I was a little boy. I'm 21 now.
I am not yet prescribed with any meds, though I fear that I am going to get a lot of bad side effects (all the meds come with them, though) because I naturally have an addictive personality, meaning that I tend to get addicted to stuff, such as cigarettes, alcohol, weed , games etc. It's been a tough life to me to handle (lots of depression, anxiety, being asocial), but I need to stay positive as much as I can. :)
Get It try some magic shrooms or some lsd... no seriously. It was fucking... life changing to say the least. (For the better)
I'm just going to say here, Umar seems like a very intelligent guy but also a very lucky guy. Statistically, someone with absolutely no experience can also become a millionaire but the odds are against you. There are legions of traders much smarter and more experienced than Umar is who will never make millions because they just don't get lucky enough. You really need to be the 1-in-a-million. If it was easy or even predictable , everyone would do it.
i doubt 1 in a million is right at all. I think 5/100 can become millionaires in the stock market. With information available everywhere, courses, books.
Ammon Kaopua
you sound jealous
Everyone won’t do it cause they quit and you sound like one of them
@@alexmcmillon9503 right on bro !!
This guy predicted the market crash. Well done to him! 💪
"if someone loses someone else wins" This is a great way to explain stocks.
its incorrect
That’s wrong though
Great way to explain a pump and dump for crypto
Warren buffet left the planet
Lool
@@Dimsum365 Salty because you can't do it
😂
Umar is kind of a next level in trading..
You won't understand it.!!
Day traders (experienced) knows what he is talking about..
Do learn about the market first..
I love Andrew as if he was my daughter
Forget being a millionaire guys, being financially free and having money invested and saved is the most important factor in living a good free life. 99% of Americans don't have money saved or invested and all they do is spend and live from pay check to pay check, stop chasing that millionaire status, invest wisely and it will come to you :-)
Crucial facts
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because I have no idea of how and where to invest
Chasing a millionaire status is common today among many people, living from pay checks to pay checks it's really a bad habit people get used to easily this days
@@annalogan3034 no doubt but that's should be an excuse you can make
well you are right, Can someone really come up with a positive plan. I wanna try and see how it goes.
The interviewer has so low energy. He also seems to ask questions with skepticism.
It's just the way he is, relax, zen, and sometimes awkward. plus this is not an interview it's just a chat
why wouldn't he be skeptic? lots of people are frauds in the stock market business
Watch his other videos and pranks. It is just how he is.
@@naoufaltakroumt6373 its hilarious to see all these people who dont know Andrew and are seeing him here for the first time because of this vid and roasting him. F
@@arthurwaring I was just thinking the same thing. Lots of comments from non subscribers
This guy is a total showoff. He may be a trader but he is getting his money from relatives.
In few months time or no time people will definitely kick themselves in regret for Missing the opportunity to buy or invest in cryptocurrency
Hello from UK!!! I have been investing in cryptocurrency for over 10year now.
Now is the best time to purchase Bitcoin and invest in Bitcoin
@@dylanburns1527 Investing now is not bad idea especially will the current rise in Bitcoin
It obviously a lot of people remain poor due to lack of ignorance
@@chiragmalhotra7440 It's not about ignorance but due to lack of trust and lack of unprofessional broker in the trader market
Soon after Umar left the interviewer went to sleep 😂
Chatting with a 23 year old who’s $200,000 + in debt
90% of the students in the US lol
😂😂
OMG, the interviewer is killing me, seems he is still sleeping. Also some of his questions are irrelevant.
Im a stock trader. This guys not that smart (about investing) I think he's just been mostly lucky
Say you had 5,000. How would you start investing that money? Really curious...
I have $80,000 at 21 years old(I’m super frugal and have been making $60k a year for a few years) but it’s just been sitting in a money market account. I want to invest at least half of it but I don’t know how to go about it. Help me, Kyle.
@Grey Stone How much should a poor person save up before investing in your opinion?
This guy is trying to postion himself as a Tai Lopez sort of character. Wants you to think he is good so you pay for tips, seminars, etc... If someone consistently is making 100k+ a month trading theres no real reason he'd be pushing seminars and have an instagram with only photos of him "boarding private jets" and his 50th photo of his mclaren this time in front of a barnes and noble
5k isn't a lot of money to put into the market, but I would suggest two things: Take some of that money and invest it into yourself - start a business/side hustle that will allow you to build substantial capital because 5k won't get you far in the market. If you do want to invest some of it, start reading about financial concepts and put your money into index funds.
In my opinion the easiest introduction to in vesting is the book "The Little Book of Common Sense Investing" by John Bogle. It conveys in a simple way how to succeed in the market over the long term. This book will teach you about indexing and costs that come with investing.
If you're really interested in financial markets, start reading and watching material from Ray Dalio, Robert Shiller, Mark Spitznagel, Nassim Taleb, Howard Marks, Daniel Kahneman and Richard Thaler. You'll learn everything you need to know about market cycles, macro markets, portfolio theory, and market psychology by studying these guys.
If you're looking for an introductory academic text, pick up "Foundations of Financial Markets and Insitutions" by Fabozzi, Modigliani, and Jones.
Umar ! U r the guy who literally got me interested in the markets....cheers to u man ....u deserve all success !!🚀
yeah bro, we all coming back realizing
this video has earned the title/credential/honor/distinction/recognition of "nostalgia"
anime times
All the comments mad at the host don't realize he is acting that way on purpose. He is baiting to see HOW the questions are answered.
8:16 - Risk Management
14:40 - Technical Analysis / Price action / Market Psychology
o
I'm providing Umar Ashraf's Course for cheap! contact if interesed (contact details are on my channel profile)
The stock market holds several benefits and detriment,so it is advisable for investors to be cautious with decisions. You should understand the basis of trading and do your research to acquire profitable trading results
Well said, individual stocks rise and fall daily which means there is opportunity for you to earn if you invest in a stable profitable stock. But finding the right stocks is a major advantage over the market
The stock market is unpredictable,Finding the right stocks requires lots of patience and proper education on the market
@@jamescarlson8130 absolutely right,Do you offer trading advice?
@@kobbygibbs9722 No I don’t,i allow an expert guide me on my investment so i earn while i earn, wilson’s strategies has been financially efficient and has helped me avoid huge losses
@@jamescarlson8130 Though I’m looking forward to working with an expert soon. How profitable are the strategies and how do i get in touch?
Lost his entire 35k and he still kept going. Never quit. Very inspirational!
L to the forehead
Brandon Zetina that’s not inspirational. It was foolish and it was blind luck that he made it all back.
He literally choose his first trade randomly lol
I am 23 and I am real happy when I find random money on road lmao.
And I make crap videos .
I think your videos are awesome man :)
Lol
Subbed
LMAO
nice way to click bait
Lol everyone here just roasting Andrew (the host)...they dont know thats his whole thing
he was born high.
Exactly. Nobody would know this unless you follow him on a regular basis.
“How old are you??”
“Oh wow”
“Are you a millionaire??”
“Yeah”
“That could be the title”
*And then u know what happened*
WRITE ME DIRECTLY FOR LATEST TRADING,UPDATES AND INFO................................W.H.A.T.S.A.P.P.......+1..6..3..0..4..5..4..-7..2..9..4............................................ ....
Chatting with a grown Jake Paul fan
“The best thing I ever did was open up a credit card”... Woah! Stop! Only ever trade with the money you have!!!!
He prolly had money to pay it back if the trade didn't go well
But he could still use that money, settlement on a trade is usually 3 days. So if he buys and sells before then no money comes out of his account
yeah cause businesses start everyday w personal money. wrong. borrow money and handle it responsibly.
Kevin Parsley - Those are business loans, and trading is not a business in my eyes. Sure it’s a job, but if you had the money to start a business, why get a credit card. It’s personal opinion, tho I think it’s terrible advice
The money you have and can afford to lose*
This is my 10th time watching this video, just to keep myself motivated that if he can do it , we can.
Yes bro let’s do this
"I just feel like the market's gonna crash in 1-2 years"
>COVID19 hits 😂
WRITE ME DIRECTLY FOR LATEST TRADING,UPDATES AND INFO................................W.H.A.T.S.A.P.P.......+1..6..3..0..4..5..4..-7..2..9..4............................................ ....
Chatting with a random subscriber
right lol this guy is totally not a millionare
Oh my god, the host genuinely asked "wait the dollar keeps going down?" imagine talking to someone in this day and age who doesn't know what inflation is
Inflation doesn’t sound the best for the dollar going down. Should be deflation
@@coolguy3943 he meant the value of a dollar
Good for those watching that he asked
Saying that "the dollar keeps going down" is an awful way to explain inflation since it more so refers to exchange rates. When you say "the dollar goes down" we assume that you mean that it goes down in comparison to another currency, and that doesn't necessarily happen in inflation, unless that inflation is happening in the U.S. only, and even then it's unlikely other currencies won't be affected.
I call BS. He said he started when he was 18 with 20k. Yet, on his insta you can see he bought a lambo in 2013 (when he was 18). Also he flies in private jets regularly, you need a lot more than 1M to get a one of those. Guess his parents helped him out a little.
Mr Barack
Wym? I can take a private jet to New York City right this for $6,500 ?? Or I can do a empty leg for $60-1,200 ....download the JetSmarter app m8
He rented that lambo for prom night
"Why did you buy jc penny?"
"I dunno i just thought it was a good idea"
"why did you think it was a good idea?"
What's wrong with asking that question?
@@pbufh HE CLEARLY SAID " *I DONNO I JUST THOUGHT IT WAS A GOOD IDEA* " and the host is askn why u thought it was a good idea ....?🤣
JC Penny went up "a few percentage" for 20k to make a $2,500 increase?
More like 12.5%.
Stopped watching there.
he could have traded derivatives
Lol...... On his first stock trade ever? Did he mention options?.... Why are you giving this shit stain the benefit of the doubt?
Leverage
Russian5 expect ur the one commenting on UA-cam about him
There is something called as leverage. Read about it.
It means ur broker provides 5x-10x(sometimes even more) on ur capital for short term trades. So on 10x leverage. U don't need stock to move 12.5%.. At 10x leverage stock needs to move 1-2%.
Please do one with someone with Asperger's :) like if you agree so he can see
No
Kross Reaper why not?
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.
so should be happening again soon. good to know.
happened in early to mid december 2018, not too major but still a significant slide
@@UnKrashable Do you think that means that correction gives us more room to go up from here; or would you expect that to be a precursor of an even bigger crash?
@@VanillaCrackerit will not crash or grow until tensions between us-china and brexit have been fully resolved. Everything now is unstable. Good time to swing trade.
ihategerman1 stocks have recovered a lot the last month or so. If it is still unstable right now I’d guess that it will come back hard once trade wars end.
I watch this channel late night so the host puts me to sleep pretty good.
Sometimes I like my own comment to get the ball rolling
Same
@@Adam-ig2vi I wonder who liked ur comment (not me)
Stop this comment from circling around....
Sometimes I copy and paste 2 year old comments because I'm 14 and cool
Boze oog would have been creative if you posted this in 2013 buddy.
I'm 26 and I don't even have $500 ... life is good 😂✌
BARON一KingX wtf do u do with ur life all day
Trust me guys .. it's more difficult to live in KSA than what you think 😅
it's never too late man, Van Gogh started painting at 27 and became the greatest. Food for thought.
BARON- KingX You either don't work, or if you do, your money is being thrown away foolishly. KSA has some extreme wealth, you just have to find a way to get a piece of it!
@@canadude6401 are you telling me about my own country? Less than 5% of the population are wealthy and 20% are average and the rest are poor just like me.
Keep in mind that our lives get wasted by studying pure shit that no human will benefit from (I'm talking about 6 to 7 years).
And here I am, like most people, 26 years old and just finished my degree + almost no jobs at all .!
Life is good my friend.. life is good 😊
He has definitely grown to become a great trader. Congrats Umar.
Crazy how much more he’s grown since then too
People don't know Andrew and it is actually hilarious. I mean Andrew in the public eye isn't the best interviewer, but that isn't necessarily what this format is about, I believe. It's still called "Chattin with" and not "Interviewing". It's not with prewritten questions, it's a conversation that builds itself.
Kinda like JRE
So for anyone watching this, the dude sitting on the right is talking nonsense. My read on this is the guy is he's fortunate enough to have come from a bit (maybe a lot) of money. He's second (or maybe more) generation rich, which is no bad thing, but a position of circumstance. The interpretations on market trends and 'trend analysis' are extremely basic concepts, and deliberately vague to minimise the risk of discrediting the story. I do admire the entrepreneurial approach to the video, it advertises the get rich scheme in a very natural manner, however I do not buy the story and advise others to avoid doing something stupid with their money. Unfortunately what's being touted here is not possible. If this guy really has made a million dollars from speculating on highly leveraged stock purchases, then good for him, but the majority of people will lose most if not all of their money. I say this as someone qualified in wealth management.
“Hmmm... interesting...” the host has absolutely no idea what the guest is talking about LOL
Chatting with a police officer
'' i personally feel like the market is going to crash '' 2020 hindsight he was so right :')
You've given a IG fraud a platform. Well done.
Cryptovestor Please enlighten those of us who don’t know what you’re talking about
David Thanks, I hope Andrew’s young audience doesn’t fall for this guy’s snake oil.
Hector Carr
I’m sure he has $1,000,000 but not from trading , he’s a fraud because he makes 80% of his money from selling courses to people on the internet that want to learn how to day trade , I’m not saying he isn’t a successful trader I’m sure he’s made 25-100k from trading but his main income is selling courses to people who want to learn!
I learned first hand not to EVER trust ANY “ guru “ on the internet they just want your money ....I learned to trade outside of those frauds and I’m pretty consistent in profits I’m still a newbie though
Aamir Basir any tips on how a beginner can start?
@@aamirbasir5464 what would you recommend for a beginner? Books, links ect...
These guys who were lucky 3 years ago buying bitcoin now think they are pro at stocks.
Chill bruh let them do what they want
haha
You just salty you didn’t buy in when you should’ve
@Th30r3t1ca1 phy51c5You just Salty😳😧😮
naw he didn't buy any.
Chatting with a MGTOW.
Chatting with a white supremacist.
That would be great.
शक्तिमान
Yep all fun and games until arabs outnumber whites in Europe, you’re probably happy about that prospect though.
BIG ROB FITNESS they are both the same thing right?
Remark
No, not in a 1000 years jesus christ it’s okay to be ignorant but don’t act condescending on top of it, dumbass.
People watching professional traders making money: "I'm gonna be like them."
Reality: you will be playing against them.
Or alongside with them.
@@I-Am-No-One this 💯
If someone says yes that fast to being asked if they are a millionaire you know they’re lying.
6:58 watch with captions. You’re welcome.
Thanks anyway
lmao
lmao wtf
Dude did he put that in on purpose? Envious much?
Lol
Wow this guy has no idea what he is talking about. He can’t even explain why his gold trade was successful or his reasoning. I work in the industry. Please don’t listen to this guy. He is extremely lucky or lying about his success.
lol and you're a classic hater. Thats why at the end of the day hes still a millionaire and its called ''success'' pal something im sure you know nothing about.
Vincent John He does have a point. While this guy does have basic stock knowledge, he is far from Wall Street stock analyst level. The main point for him to do this interview was to get unintelligent people to buy into his “stock trading seminars”. Just take a look at his Instagram lol. If you’re making millions off trading there’s no point in doing that.
Actually there is a point in doing that why not? I think its smart. Hes making more profit and selling people something hes amazing and passionate in doing. He obviously has bigger and better goals which means increasing his assets and net worth and hes doing a hell of a good job at it.
not to sound rude or anything but ''far from Wall Street stock analyst level'' yet hes making more than im pretty sure all of them which clearly means he knows his shit. If it really was that easy im pretty sure everyone would be millionaires by now.
yup and im sure you're wayyy more knowledgeable. lol people always gonna look for reasons to hate. ''got lucky'' yeah u gotta do a little better than that smh goodbye
I invested in both stocks and Crypt0 currency but I see Cryptos is doing more better and profitable
Exactly!
In few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and Investing in crypto currency
Hello I'm new to bitcoin trade and i have been making huge loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
Trading on your own is very risky, I've lost alot trading for my self
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Laura Donna she recovered the loss and made an extra profit of £4600
So... I will advice you should
stop trading on your own if you keep losing and start trading with Mrs Laura Donna trading services
I thought this was Riyad Mahrez loool
he's the man. Umar one of my fav day traders.
"tesla very tricky. Very tricky very trick. Because elon musk. Very tricky"
Muffhands Hands I read this as It happened 😂😂
Aaaaaand it crashed today
Ali Abi Nassif I can't believe people actually fall for this shit stain. He sounds like he has an elementary level education.
He was right, Elon got sued and he’s not CEO now...
Muffhands Hands the man knows what he is talking.
The interviewer was so lazy, he looks like he's having a hangover
You must have never seen this channel before lol
Ceo: "please don't tell anyone that I even called you"
This guy: said it in front of 2.3M+ viewers
Yeah but that deal is long closed so it doesnt matter at this point.
The host is the worst interviewer I've ever seen
you're gay
@@wyomingcase7457 your mother is gay. P. S. Go fuck yourself
@@dhnaidoo yar a pece of big inbred shit you now that?
He is shit interview bad shit he's the woarst
@@dxshawn532 Nice sentence and grammar.
One main thing: luck. Go talk to a 20 something year old online poker player millionaire and you’ll get a similar guy
The way he describes long term odds are identical to any type of pro gambling lok
@@matts5247 Why do you think you cant make money gambling? If you play infinite amount games with hard set rules, you need to have just a fraction of a percent more wins than losses, to make infinite amount of money. And depending on what your gambling is, it is possible to do better than someone else
Petr Novák where did I say you can’t make money gambling? I used to make thousands back in the day when you could play hold em online with anyone being able to read me where it is literally just math.
I’m sure super smart guys made algorithms that told them what the best thing to do was simply by the odds.
Just like that, the vast majority of stock option trading is done by computers.
They just look at math and probability.
But beyond everything else there is a huge luck element. You can’t. Deny that. Even if you’re a day reader you can get steamrolled.
Hedge fund and giant mutual fund holdings are just dumped into the most stable stocks you can find which right now is Facebook google Amazon where they know that those companies aren’t going to get hit enough to cause them to lose money unless their is a crash like 2008.
Sure you can say there is no luck. But that’s with hindsight and an all seeing eye. In the moment not even a supercomputer can account for the outcome of dice being rolled happening thousands of times a second.
@@matts5247 so you saying tom dwan is lucky?he was a millionaire by the time he turned 22 or 23 something..
Leonidas Isaak no lol I never said that either.
But I’ll say it now that a portion of his success is attributed to luc
Compared to the other stock traders on here this guy sounds actually quite legit . At the very least he’s actually knowledgeable