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

MAY 17, 2026170 MIN
Words of Rizdom - Trading Podcast

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

MAY 17, 2026170 MIN

Description

<p>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! </p><p>____________________________________</p><p>Join the Wait-list For The World&#39;s First All-in-One Platform for FREE Trading Education πŸ‘‰ https://www.chartacademy.com/</p><p>____________________________________</p><p>Apply to be on the next 15v1 HERE πŸ‘‰ https://forms.gle/7KRdszyq26V586759</p><p>____________________________________</p><p>Join The Chart Fanatics FREE Discord Community for Exclusive Discounts, Giveaways, Live Events &amp; More πŸ‘‰ https://discord.gg/chartfanatics</p><p>SUBSCRIBE to Chart Fanatics Live NOW πŸ‘‰ https://www.youtube.com/@chartfanaticslive?sub_confirmation=1</p><p>____________________________________</p><p>SUBSCRIBE NOW &amp; 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.</p><p>____________________________________</p><p>Use Code &quot;RIZ&quot; for 20% OFF ALL Challenges πŸ‘‰ https://link.alpha-futures.com/k9V5Az</p><p>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</p><p>Use Code &quot;RIZ&quot; for 20% OFF ALL Challenges πŸ‘‰ https://link.alphacapitalgroup.uk/eq7m8X</p><p>Use Code &quot;PFT&quot; for the BEST Discounts on ALL Prop Firms Listed πŸ‘‰ https://propfirmtrader.com/ </p><p>Join the Market Journal community for weekly direct market insights for FREE πŸ‘‰ https://www.market-journal.com</p><p>Free Telegram Community! πŸ‘‰πŸ½ https://t.me/pocketsofrizdom</p><p>____________________________________</p><p>Connect with our guests:</p><p>https://youtube.com/@UmarAshraf28 </p><p>https://instagram.com/umarashraf</p><p>https://twitter.com/umarashraf</p><p>____________________________________</p><p>Connect with Words of Rizdom: </p><p>https://instagram.com/wordsofrizdom</p><p>https://twitter.com/wordsofrizdom </p><p>https://www.instagram.com/realriziqbal</p><p>___________________________________ </p><p>Timestamps:</p><p>0:00 - $30+ Million Verified Trader vs 15 Unprofitable Traders </p><p>1:50 - Topic #1 - Lack of Consistency and Strategy Switching</p><p>14:25 - Proving Your Strategy And Only Taking A+ Setups</p><p>27:27 - Outside Noise, Live Trading Rooms And Macro Bias</p><p>35:31 - Topic #2 - Overtrading &amp; FOMO</p><p>39:54 - Accepting Losses And Walking Away</p><p>50:44 - Choppy Market Days And When Not To Trade</p><p>1:01:56 - Topic #3 - Cutting Winners Early &amp; Letting Losers Run</p><p>1:12:08 - Knowing When You Have Really Arrived</p><p>1:18:25 - Topic #4 - Over-Leveraging &amp; Revenge Trading</p><p>1:22:47 - Revenge Trading Around Key Levels</p><p>1:31:59 - Topic #5 - Struggling to Perform Once Funded</p><p>1:32:02 - Prop Firm Payout Pressure</p><p>1:42:01 - Prop Firms vs Personal Capital</p><p>1:51:03 - Options, Futures And Old Trading Mistakes</p><p>1:57:32 - Topic #6 - Unsure if Bias, Strategy or Market Choice is Even Correct</p><p>2:03:19 - Feeling Stupid Around More Technical Traders</p><p>2:17:33 - When Green P&amp;L Rewards Bad Trading</p><p>2:31:03 - Trading The Open And Waiting For Confirmation</p><p>2:43:05 - What Traders Changed After Umar’s Feedback</p><p>___________________________________</p>