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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 (4958)
Umar Ashraf (3 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 :)
Helena Waynee (11 hours ago)
getting good profit in future trading, you need to measure from the support line to the mid-peak or break line. Then take this measurement and repeat it up starting from the penetration level. To learn how to do this concept I recommend you use and learn Blended Model strategy by Dmitry vladislav.
Heresiarch (2 days ago)
cool dude it was nice to hear how you came from ignorance to a point where you can talk with such passion about the workings of the world, respect.
Manama Maaan (2 days ago)
Oman my man. Mabrook.
BindeR (5 days ago)
Spotted Sqdc (7 days ago)
Umar Ashraf whats up bro i wanna start and i need some advice !?
Eddie (3 hours ago)
Something is fishy about this whole interview. I am not buying into it. Sorry
Zulu Immortal (5 hours ago)
Bought JC PENNY ...good bye sir
Harry McRae (6 hours ago)
Clicked here by accident. Gonna watch later for some real interesting tips.
WHITE GRANITE6 (11 hours ago)
theyre always arabs .
Alfredo Perez (17 hours ago)
I never do this. However, I feel it will help more than criticize the channel. Some of the people that your interviewing are fantastic but , your tone and delivery (in my opinion) is horrific. The unrelated questions like, have you done any “shady shit” ??giggles giggles... I’m sorry this is public. But, change your monotone delivery and the interviews will simply be amazing. Some times as I watch I ask myself dam man why does he sound so down on the video?? But I also know everyone has their own personality and perception of their own output. With this being said, this is only to help you, I hope it doesn’t come across as hatred or some negative bs. In contrast, the audio and the resolution quality is fantastic !!! For real awesome job man. Hope to see more videos soon. Happy holidays and a great new year !!!!
K b (17 hours ago)
The host has 0 personality
MEDITACION 6:33AM (19 hours ago)
When you got 2.2M subscribers and even during your interview, you're reeelaaaaxed aaaassss fnnnnnck. Dang! Must be nice to have no money worries. 😔😞
Juanco_"C.E.O." (1 day ago)
This fucking interviewer is a fucking piece of shit.
onee (1 day ago)
Unfortunately these guys got lucky a couple of times, and are selling courses now. I didn't research him, so I don't know what his situation is. But that is pretty much what most of these guys do in a nutshell.
carmineglitch (1 day ago)
The cash advances on his credit card at 18 are risky, I wouldn't be able to sleep if I loaned a couple grand I didn't have indefinitely
Lee Duran (1 day ago)
I’m 23 and I have $0.35 to my name... How do I end up like him????
Gustavo d'Almeida (1 day ago)
Dude, just tell what EMA you use
james2k00 (1 day ago)
New Title - 23 Year Old becomes millionaire by LUCK !!
The Jungle (2 days ago)
As someone who recently graduated with a degree in finance and will be working for an IB, I can confidently say this guy has essentially no fucking idea what he’s talking about. Direct case of sheer dumb luck... do not trade on margin with his level of knowledge and for god sakes do not open up a credit line to fund your account lmfao
Rodri Suero (2 days ago)
This guy knows so litlle of Stocks. Just look, he didn't know why gold went up. He just got lucky when he traded.
Erik Merrill (2 days ago)
Hey, I’m Andrew Hales. I am severely depressed and hate my life! Welcome back to an episode of chatting with.
Sagar Atalatti (2 days ago)
Why not Twitter?
Katie Tutorials (2 days ago)
For best trading its take time to come with good strategy, for more info and guidance feel free to write me, and let see on how we can recover all your lost, you can write me via whatsapp +12348158423, and be careful there so many many scammers, so be very careful
Good interview. The anchor's attitude was like, thinking why I haven't got this trading idea before him.
based nerd (3 days ago)
Future boomer
Tony T (3 days ago)
well he is right, the market did just crash and lose 800 points and another 600 points, he clearly knows what he's saying.
M.A (4 days ago)
4:50 "in the stock market there's a winner and a loser. if I lose $2000, you made $2000" this is not true at all, amazed that he said this.
Edgar Montes (4 days ago)
Joseph Battley (5 days ago)
I thought you do have to show prof of income too get a car?
Tarek NSIRI (5 days ago)
You look like a blonde David Blaine
Meteor Ology (5 days ago)
23 year old millionaire who probably had rich parents with great connections.
Amrith Raj (5 days ago)
Who the fuck is the interviewer?? Pussy
reeves shooter (5 days ago)
This guy is such a fraud... Literally coming up with lies on the spot. LMAO
thabo mpala (5 days ago)
This interviewer seems high off weed
Sim Klay (6 days ago)
Is this host even listening to this guy?
sleektrader (6 days ago)
LAUWF is the next Larry King
Lee Wynn (6 days ago)
This video is a bunch of shit shit and shit talk lol ... fake af
ironhide 08 (6 days ago)
i dont know about everybody but if this guy is interviewing me with this kind of antics i would punch this guy right away.
Iker Garcia (6 days ago)
Such a bad interviewer
Waynelolz (6 days ago)
he reached first? thats weird
Sonia Rodriguez (6 days ago)
ok As I am so new to the trading business. (I am researching before starting) I have to learn what is" Insider Trading, and Penny stocks". what are those and why is it bad to do? I heard that it is illegal. So I need to understand what in fact it is.
Hugo vose (6 days ago)
The only reason the dollar has value is because countries are force to use dollars to buy OIL, now bit coin is an extension to the problem
Hugo vose (6 days ago)
This guy is smart he used comun sense about bit coin ! Bit coin is like you trading poke man cards and give a value which at the end of the day you can't do anything with it
Hugo vose (6 days ago)
How bit coin is gonna replace something that gives its value to be ?
Waynelolz (6 days ago)
"only 20k" at 18 lmao, he must came from Rich Family. Im glad for 500 Dollars
pAULEE (6 days ago)
prick interviewer
Ashley Edgar (6 days ago)
He was right about the crash
hcmcjb (7 days ago)
the fuck is this shit
Brent Mitchell (7 days ago)
Holy shit. Stock trader was cool, but this interview was unbearable. *thumbsdown*
Ash Akbari (7 days ago)
This dude 23 and the vid is 23 mins
Agricruit (7 days ago)
20k into one stock, 20k into one stock, 20k into one stock... Listen, then he wouldn't have to repeat himself
cicirunner (8 days ago)
This guy is a fraud. I know people that try and day trade and they lose overall. To get from 2k to 1 million in a few years? BULL CRAP!!! This guy doesn't even sound like he knows what he's doing. I believe he has been trading but there has to be more to the story.
werunthesestreets (8 days ago)
The interviewer had no listening skills
Joe Doe (8 days ago)
First trade story is a lame one..cmon, dont sell ur bs
Vince P (8 days ago)
This guy is a moron.
DangeloLive (8 days ago)
Jim, CEO of SunWorks said “pls don’t tell anyone I called you”. Ok no problem... announces it on YouTube... a man of his word this guy.
Freeursoul Park (8 days ago)
The fuck was I doing when I was 23.. fuking eh
Spar Bilicki (9 days ago)
The fact that he could not explain why gold went up (because interest rates are rising), was a very clear indicator he is full of shit. He may have gotten lucky but he will lose it. The only thing I agree with is an inevitable bear market in the near future. Besides that’s, fuck this guy for faking the funk, I’ve been trading for years and nothing is that easy. Also this interviewer is just as fucking stupid “hmm hmm hmm” doesn’t know shit.
Firsty Lasty (9 days ago)
He says "I know so many people who make money trading stocks: BS..Sooooo many regular people lose money. Even most so called experts lose big!
Firsty Lasty (9 days ago)
What a crock of shit! This generation is sooooooo dumb! Always thinking it is so easy! The majority know NOTHING!
4R Reel (9 days ago)
Major troll - this guy never got his 18K back.. stopped trading stops with 2K in the bank.
4R Reel (9 days ago)
He's a Day Trader. That's the right title.
Bitcore Supporter (9 days ago)
Liked this interview really a lot! Really glad, that crypto also was mentioned! I think crypto will play a huge role in the future and I also think he is right, that bitcoin wont be the "big" one at the end. Imo Bitcore will play a huge role in the future. Great project (faster than bitcoin and lower fees) combined with a great team.
Almbruzler (9 days ago)
both look like they have no money at all. destitute kids
Nigward Tentacles (9 days ago)
He's a millionaire from selling idiots like you who believe his BS his trading course 😂
jagdish m (9 days ago)
Something wrong with host ... he is suffering from piles ...
sky unknown (9 days ago)
id rather listen to a fork scrape a chalk board than listen to this guys lisp any longer
Boss Trading (10 days ago)
Well I had my suspicions, but it's clear he's not a successful trader, he just plugged his Instagram, he's willing to "help" with any questions, and he contacted the interviewer lol he is full of shit, trying to sell something . Asshole
Boss Trading (10 days ago)
A million dollars after 3 years is some nice going!
Sateurn Wolf (10 days ago)
He is so cute
Prateek Singhal (10 days ago)
*I already knew Salomondrin is a millionaire so what?*
Andrei Clear (10 days ago)
interviewer is a real idiot? or he is playing dumb?
Troll Mctrollerson (11 days ago)
9:33 I think Bitcoin has long term potential. 11:35 Bitcoin is the rock star but long term I don't see anything special in it
MrGtoriginal (11 days ago)
You can tell the interviewer clearly failed at a career in radio.
Steve Will (11 days ago)
“Greatest thing I ever did was take out a credit card” said no one ever
Asia Mazura (11 days ago)
this guy is really not my type but 18 minutes in and i am starting to feel attracted, he seems really humble, smart, present and down to earth which is not only rarely to see in a 23 year old dude, but especially in one with cash. thanks for the interview, i have been pretty interested in stocks and am hoping i can make some money from it by the time i'm 23
JimmyJames1978 (11 days ago)
The interviewer is lethargic...
Silvestre Bosch (11 days ago)
is the interviewer stoopid or somt?
serlGlent (11 days ago)
good job LAHWF !!! Omar also a great man!
Khalifa AAhmed (12 days ago)
pure lying
srithish (12 days ago)
I really appreciate the answers but the questions were really bad, I mean the guy had to answer more than what was asked every single time. Next time please have someone with the knowledge of markets to do the questioning. Thanks!
Gil J. Astudillo (12 days ago)
I follow Umar on instagram. You can make money in the market. i literally turned $200 into $900 in less than a week. i made this money because i was on the right side of the trade at the right time. There a lot of ways to make money in the market. You have to educate yourself and learn. I don't take UMAR course but i like his posts. Current status i lost all $900. I lost becuase i wasnt educated and that first trade was out of pure luck. i am currently learning on my own, i have a couple mentors, and everyday im testing out strategies on paper trade and i will return to the market when i can get my consistency on point. which i believe is the main problem with many traders. Just my 2 cent opinion, and i believe we shouldn't bash anyone hardwork if you havent done what he/she has accomplished.
Francesco A. (12 days ago)
what type of drugs is the interviewer on??
Entertainment Trendz (13 days ago)
Wow.. That's interesting...
I'm Mikey (13 days ago)
You should really do more research on the people you bring on. This guy and Ricky are both full of shit.
Jose Prescott (12 days ago)
You mean Rick Gutierrez?
Fabián Henríquez (13 days ago)
This is like kristen stewart were interviewing that guy...
Yasin Selat (13 days ago)
Ofc hes selling courses
Vinny D. (13 days ago)
There isn't such an investment now days!! Everything is a scam!! We are in the New World Order, swendling, con artist, and lies abounds, it's all bullshit. Fraud.
Pam Ward (13 days ago)
I especially like the comment this guy made about President Trump helping the economy and thus the stock market. That could not be more true!
Josh Reyes (13 days ago)
You're such a shit interviewer, if you're not smart enough to ask the right questions or know what you're talking about, then shut the fuck up and let them talk. God you're stupid.
James Love (13 days ago)
the millionaire is very active but the interviewer is like about to die
Cap1talNumbers (14 days ago)
dude looks like a middle eastern Beavis
Alok Kumar Mishra (14 days ago)
this is my story too bro.
Aaron Dobozin (14 days ago)
He says bitcoin has long term potential then 2 minutes later said he didnt buy bitcoin because it doesnt have long term potential lol
carmineglitch (1 day ago)
He's referring to a de-centralized currency as a whole is the way of the future; however, buying and selling bit coin currently isn't worth it. He said he dabbles in day trading, so he'll probably buy some shares when information comes out about it's potential rise.
Toddy Ivon (14 days ago)
I jump out the train when he said "I don't see nothing special in Bitcoin" hauhauhaah Bitcoin is the reason of the existence of the other cryptos stupid.
Eurocrypto EU (14 days ago)
Cryptocurrency may be an interesting topic for you. If you found this video interesting, then subscribe to our channel!
John Brown (14 days ago)
Nutso James x Promise listen to it on YouTube 💎
Keeping It Real (14 days ago)
YOOOOO This dude is so relatable with me it's unreal. I did the same thing, earned $20k, threw it all into stocks, now it's sitting their maturing. I was just about 18 to 19ish when I did that.
Keeping It Real (14 days ago)
Btw: I got the money buy working at this one place literally working 11hr+ days, Mon - Sat and saving for an entire year
Bradley A (14 days ago)
Has the interviewer died yet? What a fucking drip, i nearly caught cancer listening to that idiot.
Sarı P (14 days ago)
lol I am 36 I havent earned even one cent fuck this guy
Bee Chan (14 days ago)
I don't think anyone would mistake about trader & broker. Just because he is not "white" and he is so young, they think he won't be a trader. they are looking down at him. If he's mid-aged white man, no one would think he's a broker.
Name of this Millionaire
Leo Williams (14 days ago)
"When this line crosses this line....." ???
Damir Dadachov (15 days ago)
This guy knows nothingggggggg. It’s so clear to see

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