Words of Rizdom - Trading Podcast

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

May 17, 2026Β·2h 50m
Episode Description from the Publisher

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/chartfanaticsSUBSCRIBE 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/k9V5AzUse the Best Trading Journal Use Code β€œRIZ10” for 10% Off or Code β€œWOR” for 20% off πŸ‘‰ https://refer.tradezella.com/rizUse Code "RIZ" for 20% OFF ALL Challenges πŸ‘‰ https://link.alphacapitalgroup.uk/eq7m8XUse 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.comFree Telegram Community! πŸ‘‰πŸ½ https://t.me/pocketsofrizdom____________________________________Connect with our guests:https://youtube.com/@UmarAshraf28 https://instagram.com/umarashrafhttps://twitter.com/umarashraf____________________________________Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://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 Switching14:25 - Proving Your Strategy And Only Taking A+ Setups27:27 - Outside Noise, Live Trading Rooms And Macro Bias35:31 - Topic #2 - Overtrading & FOMO39:54 - Accepting Losses And Walking Away50:44 - Choppy Market Days And When Not To Trade1:01:56 - Topic #3 - Cutting Winners Early & Letting Losers Run1:12:08 - Knowing When You Have Really Arrived1:18:25 - Topic #4 - Over-Leveraging & Revenge Trading1:22:47 - Revenge Trading Around Key Levels1:31:59 - Topic #5 - Struggling to Perform Once Funded1:32:02 - Prop Firm Payout Pressure1:42:01 - Prop Firms vs Personal Capital1:51:03 - Options, Futures And Old Trading Mistakes1:57:32 - Topic #6 - Unsure if Bias, Strategy or Market Choice is Even Correct2:03:19 - Feeling Stupid Around More Technical Traders2:17:33 - When Green P&L Rewards Bad Trading2:31:03 - Trading The Open And Waiting For Confirmation2:43:05 - What Traders Changed After Umar’s Feedback___________________________________

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