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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 (4850)
Umar Ashraf (5 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 :)
Z Knowle (11 hours ago)
SCAMMER
Christian Comas (21 hours ago)
Thank you for elaborating, you are an inspiration to many. If you ever think of mentoring people, I want to be the first to know.
clugojr1 (1 day ago)
What's your user name on stock twits? I was always fascinated with trading. Just got back into it after taking a few years off.
Experience & Thoughts (3 days ago)
Hey you said you been trading for 5 yrs and you claim you’re a millionaire, so would you show all of us your 1099B from your broker for the period ending in 2017 or 2018 so we can see if you are telling truth. If this interview is conducted in 2018 than you should have the 1099B from your broker for year 2017. We all would love to see it how truthful you are because we do not believe you are what you claiming to be. You can make a video or posted it on your Instagram and please don’t use the paper account screen shot lol. Cheers!
Lisa Morgan (6 days ago)
Make much Money mining bitcoin. Atleast $526 daily or more depending on investment package. No hidden charge, Cashout within 7days. Screenshot showing some of the investors cashout. Chat me up +1-269-235-9504
vijay mishra (4 hours ago)
LOOK AT THE FAKING LOSER HOST BARELY CAN STAND IT HA HA HA
NRJA (10 hours ago)
so what happen to the market crashing
Z Knowle (11 hours ago)
SCAMMER!
Finaru Catalin (17 hours ago)
You eat a lot of shit, I could highlight a dozen of reasons to prove that you eat shit as I am a trader myself and a lot of the things you say doesn’t make sense. I will say just one as it is easier for everybody to understand. Credit card with 20k borrowing limit? You are a funny dude indeed. And again, I have one myself. At a 5 years continuous employment I have a 500 limit. Banks are not so generous, especially with low credit score 18 years old kids. So just stop fooling people around please. Your time might not be valuable but for some of us 30 minutes of looking at your crap could be replaced with something better.
Fred O'Reardon (18 hours ago)
A millionaire is someone who earns over 2 million a year not someone who has 1 million...
Experience & Thoughts (21 hours ago)
I know 6 people who took his class. He teaches RSI, MACD, AND MOVING AVERAGES indicators. you can youtube them and save the money. he's saying the next financial melt down will be because of student debt and sub prime car loans lmao this 23 year old never seen a market crash, he did get to witness the bear market we are currently in which started last year. he's 23 so when the markets crashed in 08 he was in 5 or 6th grade so wtf is he talking about I guess what ever he saw on CNBC he's yapping about it. He has no clue how strong the banks have been because of dod frank rule and CCAR. the next bubble is in bond market WHICH HE DON'T KNOW JACK ABOUT. its easy to open a TDAmeritrade paper/demo account and pick any stock you like and youtube how to use RSI, MACD, AND MOVING AVERAGES. you're all welcome. :) If this dude was real like he says he is a millionaire from trading stocks he should show his 1099b from 2018 to all his followers or put it on youtube. I bet he won't because he's lying and that's a fact
jaswinder kaur (1 day ago)
6:58 lol read the caption! 😂🤣😆
frank brown (1 day ago)
I love this video
Mark Robinson (1 day ago)
I recommend Mr Green Bickmore, his trading strategies are great
Mark Robinson (1 day ago)
I make $64,500 every week trading with Mr Green Bickmore
frank brown (1 day ago)
I have made so many winnings, no loss.
frank brown (1 day ago)
Mr Green Bickmore is the best trader so far.
EPTRotorsports (1 day ago)
Hahaha this guy.
Tsetsi (1 day ago)
sooo Umar is from Pakistan?
Mustafa Ejaz (13 hours ago)
yes
uputmeontilt (2 days ago)
At 6:58 if you have your captions on, it says "So I took fifteen thousand out of that and put it up my bumhole" LOL, which is not what he says at all but ok.
Michiel (2 days ago)
BS fictional story
Chad Alexander (3 days ago)
mmm uh mmmm mmmm huuu mmmm
Chad Alexander (3 days ago)
Great interview... only because of the interviewee
NoName (3 days ago)
Lol so he made 5000% profit on initial investment in 5 years. At this rate he’ll be the richest man in the next 15 years. Lol sure mate. These type of people always try to sell you something
Ricardo Garcia (3 days ago)
12:37 😬 Putting him on blast lol
Michael Carter (3 days ago)
Not good suggestions for new traders. Avoid.
Adam Clarke (3 days ago)
I thought it was called 'leverage' not 'margining'
Dhasen Naidoo (3 days ago)
The host is the worst interviewer I've ever seen
Experience & Thoughts (3 days ago)
Hey you said you been trading for 5 yrs and you claim you’re a millionaire, so would you show all of us your 1099B from your broker for the period ending in 2017 or 2018 so we can see if you are telling truth. If this interview is conducted in 2018 than you should have the 1099B from your broker for year 2017. We all would love to see it how truthful you are because we do not believe you are what you claiming to be. You can make a video or posted it on your Instagram and please don’t use the paper account screen shot lol. Cheers!
Scotch (4 days ago)
everybody's rich when the economy is in a bull run
Stefan Bozovic (4 days ago)
6:59, with CC captions on
Joseph Luna (4 days ago)
I have been making huge decisions lately all thank to Mr Donald Anderson unique strategy
Joseph Luna (16 hours ago)
@Martin Feierabend c0ntact Donald on email <<{[email protected],com}>>
Kendra Stafford (1 day ago)
The best way to scale through the market is to have an expert like Mr Donald Anderson manage trades for you
Martin Feierabend (3 days ago)
So much have been said about Mr Donald's strategy my colleague also works with him and she wouldn't release his c0ntact, please can I get the best way to c0ntact him am really in need of more cash to keep up with my family's expenses
Koby Wales (3 days ago)
I wouldn't have believed it all if I didn't take that bold step. Now I live a comfortably life and I don't have to work if I choose not to...life is all about taking risk
Hong Hou (4 days ago)
Donald is a great man I just completed my 4th trade with him you wouldn't believe it only if you give him a try
Cyan Blue (4 days ago)
Bad acting
Tobias Lanzo (5 days ago)
I like him! a lot of info. Thanks guys
Radosław Jakub Kiesz (5 days ago)
He actually predicted the crash that happened at the end of 2018
v ail (6 days ago)
Host has the most stupid questions. He sounds super dumb.
Wayne (6 days ago)
Another interview in which the trader equates a trade to a stock market investment. It's not an investment, it's a bet. But I can understand the tendency for a trader to want to sound more legitimate.
Dakingsnake (6 days ago)
"You know when you're young and you think you know everything", says the 23 year old.
jriden (6 days ago)
This guy knew the only way he was ever getting laid was to get rich. His genes weren’t going to do it for him. Most guys obsessed with money are like that
Super Invandrare (6 days ago)
i need help you guys i want someone to tell me how they know when the price is gonna go up or down in daytrading. been trying to learn for a year. i need help
Leol (6 days ago)
im dying at these comments lmaoooo
crazedzeen (6 days ago)
He looks like Mahrez.
ItsRauben (6 days ago)
None of this is adding up lmao
stig hogberg (6 days ago)
Forex Companies is a scam but I was lucky to get funds back I was contacted by Markets Trading, was reassured to get huge profit,so trusted and opened an account with deposit of US$ 1850. They did few losing trades and I asked not to trade my account. I traded the account myself and took it to a balance of US$ 11,700. I requested a withdrawal of US$ 5000, no response. Sent e-mails to them, support and chatted, but no response. I sent several r-mails with copy, but still no response. Finally, I requested to close the account and transfer the balance of US$ 11,700 to my account, but for weeks no response. I was finally contacted to transfer commission of 17% of my account to her and promised to transfer the balance in 20 days. MAFIA GOD Father would not have acted that way. Swedish police, neither my bank could ever help me, so I reported the broker to UK Action Fraud Police contact(at)fraudpolice(dot)co(dot)uk They asked for all the details and opened a real criminal case agains the company. Within a week they were able to find 75% of my funds on the offshore bank. And return it to me. Next week I will be going to London to witness agains the people that stand behind this in the court. The justice exists! I definitely recommend anybody who got scammed report to the FRAUD SQUAD as they seem the only trustworthy people when it comes to investment investigation. Stay away from investments! Thank you
Karim Amin (6 days ago)
He said it right. He had beginners luck
Sathees Kumar (6 days ago)
He said that he learned from youtube channels... Can you please mention whats the name of the YouTube channel?
kuldip dhuna (7 days ago)
He’s a liar 🤥
Chickon Jeffory (7 days ago)
I'm sure there's great content in this video, but the monotone and untextured host is absolutely unbearable.
Taran Singh (7 days ago)
Doesn't know shit. Trump only been in office for near about 2 years. But housing market and jobs started to bounce back in early 2014 everything takes time.
Satish Soni (8 days ago)
Don't follow his advice. Just opposite to what Warren buffet says. And yes, what you do is gambling in a way and with borrowed money. Call it balance transfer but you are borrowing money for 3% interest rate. And if you don't pay it on time the interest rate can be as high as 36%.
g p (8 days ago)
YouTube breeds these type of people who show off being successful and who can make you rich. Go talk to someone local that may be successful these online thugs are a joke!
Tri-State Freight (8 days ago)
Dumb as fuck
Tri-State Freight (8 days ago)
The dumbest host ever Why dont u f...ing learn some shit about trading if you decide to interview a trader
Tyyrant (9 days ago)
6:58 watch with captions. You’re welcome.
Jack White (5 days ago)
Thanks anyway
Jose Diaz (9 days ago)
A millionaire we a fuck dog watch. 😂😂😂😂😂.
SongsofThe Century (9 days ago)
Easiest way to lose your shirt & become an alcoholic is to do margin trading/derivatives/CFDs. You will be drinking vodka at 6AM, while trading gold & currencies(forex).
Moron, crypto market business is finished
Eileen-May Murepe (10 days ago)
That's why Robert Kiyosaki and Donald Trump emphasize on Financial Literacy. you have to be educated on the topic before getting into in.
Jeff Uhls (10 days ago)
All of Umars answers are correct in this video. everything he says is very possible i see it all the time in the markets. too many haters on here jealous of his hard work and dertermination. try harder and get on the same page and maybe all of you can be as successfull as Umar
franc garcia (10 days ago)
The guy is right about something's
Soncelia Byrd (10 days ago)
You can do it! I bought Amazon 20 years ago for my daughters college! It worked! I can judge a good stock! You can dabble back and forth with the big dogs to make small profits daily. It can be done!
Georgia Maguire (11 days ago)
oh my goodness who is this interviewer? HE SUCKS!!! Stop interrupting the guy and let him finish a sentence or though before you ask him another question, this guys questions get stupider and stupider. The day trader isn't Warren Buffet, let him tell his experience and not make judgements on things he doesn't know about. WASTE OF TIME I NEED TO SEND THIS FOOL A BILL FOR WASTING MY TIME. I can't even finish this video.
Kev D (11 days ago)
100 years ago they just set up the banks in America during the Wilson Presidency so... He exaggerates a lot
Kev D (11 days ago)
Trading is simple, the more money you have the lower the risk you take
In_Flames (11 days ago)
The interviewer is painful to watch. This seems fake.
Piotr Kilebas (11 days ago)
Great Interview !! Good luck guys!! ✌️
Nicholas Allen (11 days ago)
Piotr Kilebas I’d recommend Mr Chris WhatsApp +14145229358 He’s a great trader
Mohan Patel (11 days ago)
Whatt is the proof that he is millionaire?
Junaid Khan (12 days ago)
He is BSing. No one would give you a $20,000 credit card without at least a $50,000 annual income., which he didn't have.
thomas shallow (12 days ago)
this guy predicted the market crashing
Moeletsi Phaahla (13 days ago)
@t
icospawn (13 days ago)
14:23 trump save us from early market crash !
M (14 days ago)
Cringy interview! Too much cringeeeee
Aman Keshari Amy (14 days ago)
To Invest in safe trading whatsapp on +918299494017
Aman Keshari Amy (14 days ago)
To Invest in safe trading whatsapp on 8299494017
Bubs Sha (14 days ago)
interest rates were zero. He is full of shit, don't listen to a word he is saying
jerry esquivel (14 days ago)
Host has no understanding
T Man (14 days ago)
Interviewer is a complete mor*n.
I'm sorry About that! (14 days ago)
This is funny .., thanks for the jackanory !
The End Time News News (14 days ago)
NORTHAM PLATINUM LIMITED - NHM ,IMPALA PLATINUIM is running good.
IFCSAT (15 days ago)
why does the host seems to have an air of being a condescending know it all?
Scott Watson (15 days ago)
Blonde guy acts so stoned. puff puff pass
Gift Berlin (15 days ago)
I've always wanted to go into the forex market i just get scared, i've heard of more losses than wins.
Brooke Isabelle (15 days ago)
XRP is the way to go 👌
Matt Wallis (15 days ago)
The interviewer is such a moron, you're questioning this guy like you know more than him and arguing with his alot more experienced opinons
Michael Goldberg (15 days ago)
the blonde hair guy in the beginning was the creepiest thing i've seen all day.
aminozuur (15 days ago)
This guy is full of sh
F_1 (16 days ago)
All these salty "experienced traders" calling "BS" in the comment section LMAO!
F_1 (7 days ago)
+Jeffrey Hummer I already trade FX full time mate. I don't sell programs and you certainly don't see me chatting shit about this guy in the comments section.
Jeffrey Hummer (7 days ago)
No one is salty. They prey on less sophisticated investors and it sounds like you drank the coolaid already.
Sam Moore (11 days ago)
F_1 I noticed them too😂
colin schabel (16 days ago)
what a shitty interviewer "damnnnnnnnnnnnnnnnnnnnnnnnnnnn"
colin schabel (16 days ago)
he had no idea why gold was going up. just lucky
colin schabel (16 days ago)
nope this guys just lucky. trade on credit. dumb
bangem andleavem (16 days ago)
youtube bans you if you offend a trans, but this garbage passes
bangem andleavem (16 days ago)
this goofball was tossed out by ice on his lying butt back in pakistan
bangem andleavem (16 days ago)
2 mill views ? Guarantee 1.89999 million of them are bought from chinese slaves for $10
ramnneek singh (16 days ago)
This interviewer is retarded. Drink some coffee dude
ers5111 (16 days ago)
He got in on when the market was at a low and going up at historic levels. Great timing and a bulls mentality. Good for him but far from some financial genius
mark rossi (16 days ago)
Whats the name of that book? Trading for a living has a lot. Which author and which serie is? Thanks
Taylor Cole (16 days ago)
How right was he with Bitcoin? It's February 2019, and since this was posted in summer 2017, bitcoin price has cut in half lol
Nicholas Allen (11 days ago)
Taylor Cole what’s up with bitcoin now What’s good ? Looking to earn bitcoin ? Contact Mr Chris WhatsApp +14145229358
Elliott Rolle (16 days ago)
The hosting is so terrible
GangstaNerd 305 (16 days ago)
so you going to put $20,000 in one stock, and just make $2,500?in 2 months? bullshit.
Cesar Ocampo (17 days ago)
He’s not rich I made 30k by 18. I come from poverty and a low-income single mother.
Animesh Deep (17 days ago)
That guy had a lisp
曾成 (18 days ago)
Don’t try it at home kids.
krakken1972 (18 days ago)
This guy is a shitty interviewer. Is he even listening to the answers? He sounds half asleep.
James Easley (18 days ago)
Great video
Amit Chawla (18 days ago)
This guy sounds so dumb when he asks questions
Air Crash (13 days ago)
It’s a market bull run 😂😂make the most money you can , I wanna tell this guy :.: stop showing off. Most of his money is Stock not even capital gains .. this channel is real quick to point out fools.
Black Clover AMV (13 days ago)
*RIP Jim the CEO* xDDDD
Jale Naqura (19 days ago)
Umer is cute.😀
ZD Lifestyle (19 days ago)
This is great- I’ve always wanted to learn about this - thank you

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