Usman Ashraf: From Uber Driver to 7 Figure Trader | WOR Podcast EP.105
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- Опубликовано: 2 июн 2024
- In this episode of the Words of Rizdom Podcast we are joined by Usman Ashraf. Usman is an elite trader that has made millions trading options. Having transitioned from med school, he spent years refining his strategy and managed to become consistently profitable achieving six figures months on a regular basis. The biggest trade he's ever closed was over $380,000 in profit on Amazon! In this podcast we discuss building confidence, real estate, the importance of financial foundations and so much more! I hope you guys enjoy the episode!
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Usman's Instagram: / usman.ashraff
Usman's Twitter: x.com/usmanashraff
Riz’s Instagram: / wordsofrizdom
Riz’s Twitter: / wordsof_rizdom
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Timestamps:
DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
#trading #forextrading #optionstrading #daytrading 
Развлечения
Trading doesn’t just reveal your character; it also builds it if you stay in the game long enough
Very true.
Great to see Pakistani’s like Usman and Umar Ashraf doing well in the trading space.
Also Raja bhai, they are OGs. So much to learn i look up them so much to them.
Soon taxi driver to daytrader- mark my words i will be on this podcast
Wow, that's quite a journey for Ashraf! Dropping out of medical school and then becoming an Uber driver before finding success in trading. It just goes to show that sometimes unexpected paths can lead to great things! 😄🚗💼📈
7:00 Family full of doctors
11:00 Taking out loans; driving Uber
15:55 *Implied Volatility*
21:30 Trading biotechs vs options
32:00 0DTE on META, +$15k in 10 mins
40:30 Trading psychology
45:00 Routine
46:00 SPX; day trading, scalping
49:00 Why options
52:00 Strategy hopping
1:06:40 PnL fluctuations
1:10:00 Real Estate portfolio; cars
1:12:00 No need to splurge; character is everything
1:13:40 *Biggest win AMZN*
1:19:00 Take time off after losing trades
Legend!
Thanks
Fellow Uber driver / trader here
Same, keep going brother🫡
Same here brothers 🤙🏼 keep pushing
Same ! Let’s get it fellas
Same here, almost there
@@hermannloves bruh I swear we should all link up on discord or something. Anyone trade futures?
Riz thanks for your constant communication and handling of SFT! we appreciate it
One of the best interviews! He is very humble and realistic plus his examples and stuff makes perfect sense to me. I have been following you and decided to subscribe because of this interview.
Its good to study and obverse pro traders, their experiences keeps me going.💯
Followed Usman for some time now, great to see him on pod. Solid guy and character, thank you for sharing 💎💚
Love that he's honest about the fact he still revenge trades. Lots of great insight here. Thanks
One of the best interviews I've seen and great job Riz in bringing top talent to your shows.🎉
Love to hear that! Couldn’t agree more, Usman dropped gems!
My biggest lesson is to maintain discipline and always be consistent. Don’t let your losses affect your psychology
Nice
What makes your losses affect your mental state. Find that out, shift your paradigm and maintain it
@@JThulanithis is what makes trading so hard.
Love watching your podcasts bro, bery inspiring seeing others doing and are where im going! Inspiring!❤
The car analogy Usman made is gold
Successful traders often adhere to a set of principles and rules to guide their decision-making process. Here are some common rules followed by successful traders:
**Risk Management**
**Stick to Your Strategy** **Emotional Discipline** **Continuous Learning** **Patience**
**Cut Losses, Let Profits Run**
**Keep Records** **Diversification** **Adaptability**
**Stay Disciplined**
First pod for the bro, hats off to him!
I love that you guys are doing, you guys are helping life's of traders out side hear by educating them give them an account to start up a life I have a lot to say but are will just say thank you so much may God bless you guys.
Just by reading the title, I was already in expectation❤
Usman is level headed. Good stuff
Love this guys work ethic 👍🏻 definitely not lazy! 👌
Usman is my inspiration ♥️
Amazing podcast 🔥🔥
excellent podcast man!
great interview Usman 🔥✊
Riz, you need to do interview with Vincent Desiano. Another great trader
WHAT A FRESH BREATH OF AIR! MAJORITY OTHER TRADERS TRADE FOREX, UMAR HERE IS TRADING OPTIONS! PLEASE TEACH US!
This gentleman does not want to admit that his community is funding his car rental lifestyle ,when riz asked what happens when he experiences losing streak months
Definitely , in terms of interviews - 100% great 😜👌
Great episode, got so much out of it. I just started my trading journey and this helps
Lesson learnt so far:
You mustn't follow the career you parents proposed fr you, look for what fits and suit yourself.
Lets gooooo Usman!!
Great podcast!
I have been following both of them for a long time and know people who have worked with both of them. The only reason Umar is considerably more successful is because he takes more risks in life to generate more sources of income. After listening to this, I believe the primary factor preventing Usman from achieving greater success than his brother is his reluctance to take risks. He simply follows a safe path that others taken. However, I like Usman because he appears to be a more admirable individual.
To combine Uber and trading is crazy. Imagine hitting SL and your passenger gives you one star ⭐️ 😅😅
Definitely is inspiring, I feel soo much related since I studied medicine because of my dad, and now I’m looking forward to be a great trader😊
Timestamps would take this podcast to the next level
THE GOAT TRADER!!!
Great interview by a Great Person!
Uber driver to 7 figure trader is a great inspiration.
Journey of learning and trading at the same time.
Learning each & everyday #SFT
I’ve been waiting for Usman’s episode, love Usman’s personality, demeanor and humility. He has a persona anyone can relate to. Dropped some solid advice, surprised that my man hasnt been invited to more pods. Man is a G mashAllah
Great Video....can anybody recommend the backtesting website Usman was referring to in the interview?
He is the older brother of Umar for everyone asking without watching the video 😂
I thought they were Muslim lol
@@b4rkaithey are
@@stonkx1388 ohhhhh it's coz his brother trades futures which are completely Haram, in the Muslim community there are no doubts about futures like their is forex.
Great ep
In this pod you said Riz if you backrest a strategy and you see results but when it comes to live you don’t see the results, then it’s because of your phycology? But what if it’s not? What if market environments changed, and back in let’s say 2023 a strategy worked in that market environment but it doesn’t in 2024? What I don’t see these gurus talk about is how to adapt in ever changing markets.
We're live!❤
The other GOAT🔥
Everything is temporary but Riz's 'Definitely' is permanent. 😅
Hahah, Definitely
Love this guy journey... focus on your own journey... all fingerprints are different.
from vietnam with love. hope SFT will be greater
great podcast
Gogogo, more stronger.... 🚀🚀🚀
Great mind set of the respected guest
I was wondering why Umar was so jacked all of a sudden and then I realize he was a completely different person.
You guys so crazy and hard work
Lesson :- focus on yourself and just keep grinding
How do I register for the giveaway?
He is the best.
Thought this was Umar! They low-key sound alike too. I was like when did Umar get tatted?? 😂😂
Class 👏🏻👏🏻👏🏻
the biggest problem i have(right now) is risk management in options and futures trading.. can anyone help?
Dropping out at 4th year for trading is crazy
All Ashrafs are traders 🥶
Struggles and success of these traders are the living proof of where trading can take you.
When Tradezella will add DX Trader?
Im here
Second like
Im ready to learn and get schooled
How to win the funded accounts? Can anyone help?
Trading can be an exciting journey where every decision counts, offering the potential for financial growth and personal development. Stay focused, stay disciplined, and embrace the learning process to navigate the dynamic world of trading with confidence and resilience.
Pakistani traders are the best
Umar ashraf
Usman ashraf
Raja bank
Riz viper
Shoib ghauri
Waqar asim
How to join giveaway
How do we join tbe giveaway
Divine Intervention' that 15k trade was indeed timely🤔🙏
It happens to us all in some way I believe
What is the reason the market is not going normal after juanary please tell me I lose alot of money
Very hard worker trader .,
Discipline is key
I also need to get an office. Can’t trade effectively around my family too 😂
They have no idea my brain is like Wallstreet floor. But Tommy body is a monk. They see what they see
I think Riz didnt get enough sleep the night before this podcast
is that umar ashraf brother? they also look alike
Yes Umar Ashraf brother
We can do it too!
I pray this giveaway finds me this time around 🙏
6:22 一点一点 (Yi dian) x2 meaning a little but he pronounced it as if either either 😂
43:33 I CAN RELATE!! ALL THE TIME
Umar Ashraf's brother
Looking like a clone of umar
Usman Looks like Anti Umar lol evil twin. Great podcast always wondered about Usman followed him around social media but never an interview very intelligent individual. Another great pod Riz!
Ashraf 🤯🤯🤯🤯🤯
Let's get it
Never fake it till you make it
USMAN ASHRAF ❌UMAR ASHRAF both are 🙏🙏🙏📈📉
Indeed legends!
@@wordsofrizdom one pod cast between both umar and Usman plss
@@polekranthi I was just thinking to comment the same thing!!
We need together… Usman and Umar Podcast interview
Is that twin of umar rightm? When i first the video i thought damn umar turned older??
He's smart
I have been here since
Am here
Usman👍👍
What happened with the other prop form you were apart of ?
SFT? Still here
Usman ⚡
Whaoo I was like umar has a tattoo until I checked him very well
All this time I had NO IDEA they were brothers lmao. Just thought it was a weird cool coincidence
MAMBAFX NEXT!?
Lmao I don’t think he would accept
I sense a lot of pride & ego from Usman. You can tell easily because
1.) He openly admitted it lol
2.) At the early stages when he was struggling, he could’ve easily asked Umar for help, but chose to keep drowning. IV crush is something his brother could’ve easily told him. It’s crazy he had to get that info from a random Uber passenger 😂
I imagine it wasn’t easy for him seeing his younger brother make that much money, after he had sacrificed so much for med school (I GUESS)
Ego is just horrible. Glad he got over it & got to the profitable side of the wall.
Great interview overall.
I didnt know Umar Ashraf had a brother 😂👊🏻👑
Me neither
Are they even close?
He also has 2 sisters that work with him now on Tradingzilla
Can you interview CalistoFx please