$30+ Million Verified Trader vs 15 Unprofitable Traders (FT Umar Ashraf) - podcast episode cover

$30+ Million Verified Trader vs 15 Unprofitable Traders (FT Umar Ashraf)

May 17, 2026β€’2 hr 50 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

In this special Words of Rizdom episode, Umar Ashraf, a verified trader with over $30M in trading profits, breaks down the mistakes traders keep making. Overtrading, revenge trading, cutting winners early, chasing payouts, ignoring data, switching strategies, and trading without discipline.Umar goes trader by trader and shows exactly what needs to change if they want to become consistent. We hope you enjoy this episode!

____________________________________

Join the Wait-list For The World's First All-in-One Platform for FREE Trading Education πŸ‘‰ https://www.chartacademy.com/

____________________________________

Apply to be on the next 15v1 HERE πŸ‘‰ https://forms.gle/7KRdszyq26V586759

____________________________________

Join The Chart Fanatics FREE Discord Community for Exclusive Discounts, Giveaways, Live Events & More πŸ‘‰ https://discord.gg/chartfanatics

SUBSCRIBE to Chart Fanatics Live NOW πŸ‘‰ https://www.youtube.com/@chartfanaticslive?sub_confirmation=1

____________________________________

SUBSCRIBE NOW & Like this video to help us continue to bring the best verified traders in the world. turn on notifications to never miss a new video, we post new episodes EVERY Thursday 3pm GMT/ 10am EST with verified traders.

____________________________________

Use Code "RIZ" for 20% OFF ALL Challenges πŸ‘‰ https://link.alpha-futures.com/k9V5Az

Use the Best Trading Journal Use Code β€œRIZ10” for 10% Off or Code β€œWOR” for 20% off πŸ‘‰ https://refer.tradezella.com/riz

Use Code "RIZ" for 20% OFF ALL Challenges πŸ‘‰ https://link.alphacapitalgroup.uk/eq7m8X

Use Code "PFT" for the BEST Discounts on ALL Prop Firms Listed πŸ‘‰ https://propfirmtrader.com/

Join the Market Journal community for weekly direct market insights for FREE πŸ‘‰ https://www.market-journal.com

Free Telegram Community! πŸ‘‰πŸ½ https://t.me/pocketsofrizdom

____________________________________

Connect with our guests:

https://youtube.com/@UmarAshraf28

https://instagram.com/umarashraf

https://twitter.com/umarashraf

____________________________________

Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom

https://twitter.com/wordsofrizdom

https://www.instagram.com/realriziqbal

___________________________________

Timestamps:

0:00 - $30+ Million Verified Trader vs 15 Unprofitable Traders

1:50 - Topic #1 - Lack of Consistency and Strategy Switching

14:25 - Proving Your Strategy And Only Taking A+ Setups

27:27 - Outside Noise, Live Trading Rooms And Macro Bias

35:31 - Topic #2 - Overtrading & FOMO

39:54 - Accepting Losses And Walking Away

50:44 - Choppy Market Days And When Not To Trade

1:01:56 - Topic #3 - Cutting Winners Early & Letting Losers Run

1:12:08 - Knowing When You Have Really Arrived

1:18:25 - Topic #4 - Over-Leveraging & Revenge Trading

1:22:47 - Revenge Trading Around Key Levels

1:31:59 - Topic #5 - Struggling to Perform Once Funded

1:32:02 - Prop Firm Payout Pressure

1:42:01 - Prop Firms vs Personal Capital

1:51:03 - Options, Futures And Old Trading Mistakes

1:57:32 - Topic #6 - Unsure if Bias, Strategy or Market Choice is Even Correct

2:03:19 - Feeling Stupid Around More Technical Traders

2:17:33 - When Green P&L Rewards Bad Trading

2:31:03 - Trading The Open And Waiting For Confirmation

2:43:05 - What Traders Changed After Umar’s Feedback

___________________________________

For the best experience, listen in Metacast app for iOS or Android