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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 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 (4666)
Umar Ashraf (2 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 :)
shadaa samuel (4 days ago)
Beautifully said!
Kay Nun (4 days ago)
Thank you for writing this because the interviewer was dry and asking unnecessary questions !!!
Jason Watts (5 days ago)
You called that correction. All these stacks of funny money will topple over even more. I'm stacking fiat as well.
Ammon Watene (5 days ago)
Umar Ashraf ?..
doubil troubil (12 hours ago)
You need to understand technicals & fundementals......but most importantly you need to understand sentiment.
sanketjariwala (16 hours ago)
The interviewer is a fucking asshat.
Daniel Bedford (1 day ago)
You are sure a brilliant contributor to the world, hopefully I guess you can tell I'm being sarcastic.
Charisma Adu Gyamfi (1 day ago)
what are some of the best books to read on stocks and are there online trading courses that i could learn from.
Brian Byrne (2 days ago)
How high is this interviewer?
Jonny Styles (2 days ago)
I really dig how this guy does his interviews.
saad ali (2 days ago)
Video is excellent and very useful to know the project and follow a very good plan in the explanation and success
Marc Jones (2 days ago)
I went into the market with, alas, a fund manger. This guy was arrested for willful mismanagement and I or we got raped (with no recourse in my case). If I recall, I think this happened Twice (two different opportunists)!! What I noted soon off was that my portfolio would Closely reflect the nasdaq when it dropped...yet when it climbed my fund clung to where it dropped. As far as reselling I think people are out of their minds for all the ridiculous crap they buy.
angelica scuderi (2 days ago)
he single lol
Hammas Ahsan (2 days ago)
Wtf is up with the hosts sarcastic expressions all throughout the interview?
Random Tube (2 days ago)
Worst interviewer I've seen in at LEAST 2 hours
Night Howl (2 days ago)
says Bitcoin is worth it in the long run says Bitcoin isn't worth it in the long run. :thonk:
Jros2 (3 days ago)
Maybe if you did some research before an interview you wouldn't be sweating so much.
Kee Fam (3 days ago)
Good ass interview
Ben Doherty (3 days ago)
Well Done. I wish I had a spare penny to try and do something and let my family have an easier life
Pat B (3 days ago)
ATTENTION: Ugly men should NOT study MBBS abroad. FEMALES do NOT want to marrry an ugly man who bought his MBBS degree. It is embarassing to be both ugly and have a purchased MBBS degree. It means you are ugly AND dumb. If you are ugly looking, I recommend you try your best to earn everything and cheat onnothing or pursue different career. This is because people forever judge ugly people that go abroad to become a doctor- solely to boost their match rate in marriage proposal. I have seen some super ugly srilankans who go to abroad to get mbbs, they marry someone so ugly and black and they become depressed. Nothing can make up for ugliness except earning everything yourself!
stockmann9914 (3 days ago)
Real traders don't follow this guy. He makes money by getting clicks here. That's his real job. I've followed the market for forty years and it's a tough place to make money. Lots of patience required.
murphy caro (4 days ago)
All thanks to mr wilson since i started trading with him have been winning
tinker lucy (4 days ago)
Yes, since i started trading with him have been also winning and have made money from the trade with out a bit stress
murphy caro (4 days ago)
yes dear .Do you trade with him ?
tinker lucy (4 days ago)
Do you mean mr wilson peter ?
Thoeid (4 days ago)
At 4:49 he says that in the stock market there is always a winner and always a loser, Thats just not true. The stock market is not a win-loose game like poker or betting.
Grand Prix (4 days ago)
Interesting he said he thinms the market will crash and here we are in november and the market ks correcting. He was right
Birk Johnsen (4 days ago)
Well this guy knowsnothing. He says at 04:58 that it is a zero sum game, well its not.
King Henry (4 days ago)
Dude the host is an idiot
Mais Alhamad (4 days ago)
He's right the market did crash
Keepit Wunhunnah (4 days ago)
dude looks like hes in his 30s stocks
David Wong (5 days ago)
Yoni can't make money trading stocks. Only long term investment works. Bitcoin has no value, will head to zero.
Thumper Nats (5 days ago)
He expects a major market pullback/collapse and says he is accumulating cash for buying later, how about shorting it on the way down... I don't believe he is a trader, I've seen traders and this guy is not one.
1stwmost Forrest (5 days ago)
Read comment by Bruce Wayne Trades first and forget all the negatives! The interviewer is a little “slow” but asking simple questions can get real answers as in this case by not knowing much about stock trading. The kid learned by putting his money on the line that resulted in losing money and realizing he better learn the fundamentals of trading.
Big B (5 days ago)
This guy appears to not believe a word he’s saying. Strange as hell!!
SANDEEP SANGHA (5 days ago)
Looking for million dollar at 10% interest . Please contact me at 702-373-1591 .
Moledro Bond (5 days ago)
Allahu akbaaaaar
GAS (5 days ago)
Jeeze this stonebag on the left
Yauzz OG (5 days ago)
This interviewer has a way of sounding condescending and ignorant at the same time...weird. Also, this guy just got lucky with a few big trades...doesn't sound that wise.
Jean-Francois Simard (5 days ago)
This guy is very smart to avoid bitcoin. Alts are the future.
Reaction Therapy (6 days ago)
I’m sorry, did you say.. Harold & Kumar?
Jayjs20 (6 days ago)
DO NOT open up a credit card and use a cash advance to put on the stock market. That's an incredibly stupid thing and he would have been screwed for life if he didn't get lucky.
Andrew Junk (6 days ago)
He obviously played Runescape.
OKTAU (6 days ago)
He looks like an arabic version on Big Sean
Mike honer (6 days ago)
Dumb & Dumber
Shashank Kolekar (6 days ago)
Warren sir should meet this guy... people really make money from trading?
Louis Hibbs (6 days ago)
buy stock @ .0002 and hold for a breakout..if the company does a reverse split sell immediately..stay away..it's [email protected] 100,000 shares cost 20usd plus commission. i use TDAmeritrade and they charge 7usd per side..
R Cabreezy (6 days ago)
Dear 20 years. Don't listen to this advice.
SaltyFish (6 days ago)
I’m rich because KNOWLEDGE… If you want my KNOWLEDGE… then you must buy my courses. ;) (google the meme Tai Lopez if you don’t get it)
Romac Mi (6 days ago)
Great guy. Enjoyed his simple explanation on how to trade. Only small thing is that i think he has the cypto market backwards. Bitcoin is the revolution.
rmg (6 days ago)
Ive never seen so much bullshit come out of someone's mouth before.
Matt Danielson (6 days ago)
iNTERVIEWER CRACKS ME UP
Besides, it's a Muslim fucker. I hate them.
Both of them don't know a bloody thing about stocks!!!
Lorenzo Luiz De Souza (4 days ago)
He's talking to someone who doesn't know about stocks. It would be silly for him to just tell him all the complex theories
What’s his Twitter?
T Welsh (6 days ago)
My first stock was LVS. I only had $100..., but I sold it for $500. It just felt like a good chart. Beginners luck for sure.
Ikääntynyt lapsi (6 days ago)
realize 15.03 that the interviewer has his glass on his dick wtf
Channi Richardi (7 days ago)
Because of your channel... I am rich! Thank you
Diamond life (7 days ago)
What a BS
Holger Muller (7 days ago)
Lots of bollocks.
Ikääntynyt lapsi (7 days ago)
This white guy is fucking retarded "i think bitcoin is going to make it"
If a person invests $80k (in good companies) the yearly yield might be around $5k (inclusive of dividends)! I'm a trader as well. $5k is already a good yield nowadays!
+Dex4Sure I said invested this year and not over the past three years. The peak was end of January 2018. End of story.
Dex4Sure (14 hours ago)
No it isn't. AMD, NVDA, MU etc have ran hundreds of % in last 3 years. In fact AMD is up over 1000% in that time.
Ankita Mishra (7 days ago)
I am a stock trader as well 😊
Space (7 days ago)
Is that Jake Paul ?
Rob R (7 days ago)
wow, interviewer is super weird and dude is full of it.
Two fucking idiots in this footage. End of story.
Mr. T (7 days ago)
Lost my respect when he picked altcoins over Bitcoin because he does not understand the real value of Bitcoin.
max power (7 days ago)
is the interviewer handycaped?
Master Freezer (7 days ago)
Everyone can be a millionaire in a bull market. Let's see how you do in a bear market, happening soon btw
Millionaire in a bull market? With an investment of at least $ 20 million!!
Truth Teller (8 days ago)
A testimonial that starts with what he admits is beginner's luck is not instructional or helpful, and in fact, is misleading to the audience.
David Reyes (8 days ago)
This host as to be on something, tell me what it is please.
arun m (8 days ago)
The interviewer's homework for this interview is entirely based on the content that he could learn from 'Wolf of Wall Street'. He has no idea about stock market.
I AM SURE (8 days ago)
The real interview on .75 speed LOOOOOOOOOOOOOOOOOOL
I AM SURE (8 days ago)
The host does not give a fuck about this guy or his story .. it is almost he is trolling him in a gentle way .. it is funnier on .75 lol
Rider on the Storm (8 days ago)
Tagus and scammers all around.
Guess 123 (8 days ago)
Yeah , dads money he ment , I had to edit after I saw all the interview 😂 ok so i guess it was not dada money 🤓
Adam Gruds (8 days ago)
anyone believes this dude is a 23 year old millionaire from day trading is a straight sucker.
Gunga Din (8 days ago)
Indicator set for sale for Ninja Trader for $1695...trade the Nasdaq daily make $500 net. with a few thousand investment. PM me
Bollocks!
sanatc2 (8 days ago)
This guy is paid by brokers to bring more young investor & try their fortune
Julian Goodman (9 days ago)
This guy is not a self made millionaire. This guy obviously seeks validation through gross exaggeration.
stockmann9914 (9 days ago)
This guy is a delivery driver, take heed.
stockmann9914 (9 days ago)
Stocks is a form of gambling, you need to take a edge . Buffet is right, be greedy when others are fearful and be fearful when everyone is greedy. Lots of manipulation in stocks.
Tanvee Choudhary (9 days ago)
Wow, he actually successful transition his channel from awkward pranks to awkward and genuinely informational interviews. Kudos man!
Forex Mindset 101 (9 days ago)
Wow i love LAHWF, He is the best there is. He has inspired me to open my own channel where i share my own trading experience using only price action without any indicators. it is actually working out very well.
why does the interviewer seem..sarcastic? lol
Stuff Backwards (9 days ago)
dude, you keep asking him questions he has already answered. You gotta listen to him.
TnZ ShuZZ (9 days ago)
Are u high
MrGiggity890 (9 days ago)
“I just feel like the market is extended” Typical trader talk. There are always deals in any market.
Debojyoti Sarker (9 days ago)
Don't know why the interviewer seemed so sarcastic and negative. Get a new job buddy if you don't like your current one
FarryEntertainment (9 days ago)
These guys who were lucky 3 years ago buying bitcoin now think they are pro at stocks.
Zion Johnson (9 days ago)
Ayeee lit I just turned 18 and just got into the stock market too awesome!
revolution586 (9 days ago)
IDC GIVE A FLYING FAT FUCK ABOUT UR MONEY.... GO SUCK A DICK
Marlon Holland (10 days ago)
This guy interviewing is horrible
duckie231 (10 days ago)
Your listening skills are horrible
Klipsy (10 days ago)
This is the biggest load of shit I've ever heard, please don't listen to this guy and start trading because of him.
discordant dancers (10 days ago)
8:00
Bryan Murphy (10 days ago)
"I don't see anything special in bitcoin." Lol
Matthew Schwenker (10 days ago)
One main thing: luck. Go talk to a 20 something year old online poker player millionaire and you’ll get a similar guy
Matthew Schwenker (10 days ago)
The way he describes long term odds are identical to any type of pro gambling lok
Great Video!
Will Gainey (10 days ago)
Very interesting story what are your thoughts on $TREP $TREP $XNNHQ $CLOK $AXIM $ABWN $SRUP $RNVA $GGII
H Bang (10 days ago)
Trump has made the economy boom because he has removed all the restrictions Obama introduced to hinder a new 2008. Trump removed all the restrictions of the housing-market and the ban of provision for giving out loans to employees of banks - making everyone giving out loans to everyone. The next financial crisis will obliterate the economy of the US...
Ricky (10 days ago)
Please tell me the trades so I can do the exact opposite. Take advice from a guy who makes NO fking sense?
Patrick D (10 days ago)
stock trading is a form of gambling don't try and BS people , its pure gambling.
Derya Ozkaynak (10 days ago)
congratulations you're an another youtuber clown rising above the stufidty of the herd
Manj Singh (10 days ago)
The interviewer seems really interested
Jordan Purcell (10 days ago)
How do you have so many subscribers? You have as much emotion as a wet paper bag.
Rajan Timilsina (10 days ago)
felt like less than 10 mins...interesting and became so curious to watch...

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