Kardec TraderFutures Trader. Creator of The Midas Touch. Mentor

My Story on Making $11 Million in Trading Profits

1 Jul 2023 · 1 min

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0:43

YouTube video (Kardec Trader) featuring Umar Ashraf recounting his trading performance and timeline. He reports making about $2,000,000 in 2020 (including his first million-dollar month in February), losing roughly $500,000 realized (and about $900,000 unrealized) during a market rebound, finishing 2020 up $2M, earning $7.5M in 2021, and largely stepping back in 2022—trading ~60 days while focusing on building Tradezilla.

Questions this video answers

About $2,000,000.

February 2020.

$500,000 (realized loss); he also mentioned about $900,000 unrealized.

$7,500,000.

Traded about 60 days in 2022; took most of the year off to focus on building Tradezilla.

Chapters

2020, I made, I think, 2 million. 2020 is when I also had my first million dollar month in February. When I had my first million dollar month in February, followed by the next month, I lost 500 grand publicly. Like I was shorting the market when it happened, and then when it went up, I kept shorting it. So I lost 500k. Unrealized, maybe 900k. So that threw my year off, because every trade I took afterwards just kept going down for four or five months. I was just in like a bad mental state. So I picked it up and I was able to close that year out 2 million. The next year I was able to do 7 and a half million, which was 2021. And the market presented a lot of opportunities. Now, the year after 2022, I necessarily traded about 60 days. I took majority of the year off because of tradezilla. I was focused on building it.