If you found the episode useful and want to support the podcast for free, do consider opening your Forex trading account with the link given below.

https://one.exnesstrack.org/a/whpj9j43g5

In today's episode, we have a conversation with the one and only Umar Panjabi, a.k.a. The Alpha Trader. He is a forex trader and has more than $400k in prop firm funding. Get to know how he dealt with a rough childhood and managed to find success at such a young age, how to develop a winner's mindset, how to pass prop firm challenges, and much more from this episode.

If you liked this episode, don't forget to subscribe for more such content.

Thanks for watching. :)

YouTube-

https://www.youtube.com/@therealparaskrishnani

Instagram- https://www.instagram.com/the_optionsguy?igsh=MXBmcm45Zml6eWt5aQ==

LinkedIn- https://www.linkedin.com/in/paras-krishnani-8b4634218

Edited by Rohan Makhija ⬇

https://x.com/romakhija?s=21

Thumbnail by @tejas.flicks on Instagram ⬇

https://www.instagram.com/tejas.flicks?igsh=OWJxOW9yb2J1M3No

Timestamps-

00:00 Intro

00:36 How to transition from options to forex?

03:19 How do you find support in life?

05:20 Do traumatic experiences affect the way you trade?

06:35 Has Umar subconsciously sabotaged himself in trading?

07:35 How to overcome such self-sabotaging behaviors?

08:45 How to keep going when you're stuck?

10:47 Does having a partner help one become a better trader?

12:25 When does someone make it as a trader?

13:52 When should someone give up on trading?

16:46 Why do people hate trading courses?

19:42 What are prop firms?

20:27 Why does Umar sell such expensive courses?

25:46 How are prop firm gains taxed?

27:40 Taxation forex trading gains

31:40 Biggest reason why people lose their funding challenge

33:32 Which one is better: risk-to-reward ratio or win rate?

35:45 Best Value For Money Prop Firm

36:25 A trading memory that stands for Umar

37:56 Does Umar regret doing or not doing something in life?

38:58 How does someone develop a growth mindset?

42:31 Does believing in God help in trading?

44:00 Umar's Investments

44:42 Best cryptocurrencies according to Umar

45:42 Crypto projects Umar is optimistic about

47:12 Will India be a good place for crypto in the future?

48:49 When should someone move to Dubai?

50:24 Realization that Umar had in the last year

51:24 Will Umar ever stop trading?

53:00 How to get out of hard times in life?