Words of Rizdom

Umar Ashraf, Trader Kane & JadeCap - How To Actually Make MILLIONS From Trading

Jun 7, 2025
Umar Ashraf, an eight-figure trader and founder of TradeZella, joins Trader Kane, a seven-figure futures trader, for an enlightening discussion. They dive into the art of spotting 'A plus' trading setups and the psychological resilience needed for success. Personal stories highlight their journeys, emphasizing the importance of risk management and emotional stability. They share insights on balancing trading with life, the dangers of impulsive decisions, and the need for patience and discipline in an ever-changing market landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Umar's Big Trade Confidence

  • Umar Ashraf shares a personal story about a confident trade he scaled heavily with $5.5 million risk.
  • He considered risking $10 million but settled for less due to advice from others.
ADVICE

Start with Prop Firms Strategically

  • Start with prop firms for capital access but understand it's a stepping stone, not the final stage.
  • Build consistency and edge before moving to personal trading for sustainable life trading.
ADVICE

Avoid Early Prop Firm Challenges

  • New traders should avoid prop firms initially due to tendency to treat challenges like gambling.
  • Use a small live account to focus solely on skill development for six months before scaling.
Get the Snipd Podcast app to discover more snips from this episode
Get the app