Syed Muhammad Faraz

Sarmaya vice president and trainer

Compiled from 1 recorded interview. Every statement below is drawn from the passage cited beside it.

Syed Muhammad Faraz is a director at Syed Faraz Equities Private Limited. Faraz got a start at a Huawei subcontractor in the telecom industry and worked there for six months. In that job he escalated trouble tickets and forwarded them to Huawei's team.

Early life and background

Faraz was born in the UAE and lived there until he was in fifth class. His family then moved to Islamabad. He completed his basic schooling and college in Islamabad. [1]

Education

Faraz studied engineering at Air University. His engineering major was electrical engineering, with electronics. He graduated in 2010. He was told that Cisco certifications could earn him $10,000 per month, and he completed the CCNA and CCNP networking certifications. [1]

Career in telecom

Faraz got a start at a Huawei subcontractor in the telecom industry and worked there for six months. In that job he escalated trouble tickets and forwarded them to Huawei's team. He took a job in Islamabad on a Telenor project. He went to Faisalabad. He worked for about a month and a half and gained hands-on experience. [1]

He resigned and took a flight in order to sit an exam. He sat the exam and failed. He passed the exam about three months later. [1]

Faraz worked at a Lebanese-owned company. He said he had four job offers within the first week. He chose Huawei because it paid well and offered strong experience. He started at Huawei as a network solutions manager. He worked on a large Ufone and PTCL project. [1]

Investing and losses

Faraz said he invested 1 million in his first month. He said his equity reached about 1.4 to 1.5 million after a month. He said he borrowed from a broker on leverage. He said he suffered a double loss. He said that about 15 days later his 14 lakh rupees had become 2.5 lakh rupees. [1]

He said he invested a further provident fund payout of about 15 to 16 lakh rupees. He said he carried a diary and asked older men what mistakes they had made. He said a portfolio of about 3 million grew to about 6 million. He also said his holdings were wiped out to zero. [1]

Time in the UAE

Faraz said he reasoned that little happens here because it is a small market, and decided to go to the UAE. He said a company had filed an absconding case against him. He took the trading license of a company that had been lying dormant. He said that when someone told the other party he had an absconding case, that party became afraid. He said the project was cancelled. [1]

Trading contest and technical analysis

Faraz said he was bound to the UAE for seven months. He said he was reading a book on technical analysis in trading. He said he would build a trading bot. [1]

A friend told him to participate in a contest and offered him the money. The contest had a $100 registration fee. Faraz said he turned $100 into $8,452, and he said his win ratio was 85 to 90 percent. He won the two-week trading contest. [1]

He said he made about 11 BTC for another person within 14 days. He said he was given 3.5 BTC. He began working as a freelancer doing technical analysis for two UK-based brokers. He also worked as a technical analyst for a UAE broker. [1]

Pearl Securities

Faraz went to see Faisal of Pearl Securities. He was kept on trial for one to two months. He was then hired on a modest salary. [1]

He created a Facebook page called Trade with Faraz. He said followers grew to about 4,000. He ran technical analysis on the Pearl Securities YouTube channel. He said he called the market bottom at about 27,000 on the index. He said his analyses of stocks were correct in 44 out of 44 cases. [1]

Sarmaya and training

Faraz has been described as Vice President of Sarmaya and a trainer. He said he first planned to train 60 students. He said the first batch changed people's lives. He said he runs live sessions on real accounts from 6:30 pm to 2 am. He said live sessions are held every week and run for five to six hours. [1]

Views

Faraz said 95 percent in this market are failures. He said his talk was only about risk management and not engaging in revenge trading. He said short-term traders who want quick money will not succeed. He said brokers are driven by commissions. [1]

He said he thought 45 to 50 percent of the population was youth. He said trading is a game of nerves. He said technical analysts were regarded very badly. [1]

Personal life

Faraz said he took personal loans and fell into debt. He also said he could not leave his parents again. [1]

Appearances

DateTitleWhere
2022-05-20 How to save money when the economy is dying Thought Behind Things

Frequently asked questions

Where did Syed Muhammad Faraz study?

Syed Muhammad Faraz studied engineering at Air University, with electrical engineering and electronics as his majors. He graduated in 2010. He also completed the CCNA and CCNP networking certifications.[1]

Where is Syed Muhammad Faraz from?

Syed Muhammad Faraz was born in the UAE and lived there until he was in fifth class. His family then moved to Islamabad. He completed his basic schooling and college in Islamabad.[1]

What is Trade with Faraz?

Trade with Faraz is a Facebook page created by Syed Muhammad Faraz. He said followers grew to about 4,000.[1]

Did Syed Muhammad Faraz win a trading contest?

Syed Muhammad Faraz won a two-week trading contest. The contest had a $100 registration fee. He said he turned $100 into $8,452.[1]

What did Syed Muhammad Faraz do at Huawei?

Syed Muhammad Faraz said he started at Huawei as a network solutions manager. He also worked on a large Ufone and PTCL project. He said he chose Huawei because it paid well and offered strong experience.[1]

References

  1. How to save money when the economy is dying . Thought Behind Things , 2022-05-20.
Show the source passages (69 statements)
  1. He was born in the UAE and lived there until he was in fifth class. Yaar, I born in UAE aur brought up mera wahin pe hi tha till 5th of jab tak main 5th class mein tha.
  2. After that his family moved to Islamabad. Uske baad hamari family move kar gayi idhar Islamabad
  3. He completed his basic schooling and college in Islamabad. phir basic schooling yahan ki thi, college bhi yahin pe tha.
  4. He studied engineering at Air University. Air University se engineering ki aur phir wohi typical ek engineers ki jo life hoti hai
  5. His engineering major was electrical engineering, with electronics. Majors electronics tha, electrical engineering thi.
  6. He graduated in 2010. Nahi, 10 mein graduate hue, 6 ka batch tha.
  7. He got a start at a Huawei subcontractor in telecom and worked there for six months. So ek Subcon mein break through mila, theek hai, telecom industry mein. Huawei ki Subcon thi, start liya. 6 mahine wahan pe job ki.
  8. In that job he escalated trouble tickets and forwarded them to Huawei's team. Toh hum woh escalate karte the, forward karte the Huawei ki team ko
  9. He was told that Cisco certifications could earn him $10,000 per month. agar tumne Cisco ki certs kar li, so you can make $10,000 per month.
  10. He completed the CCNA and CCNP networking certifications. So maine certs karna start kar di, CCNA kiya, CCNP kiya.
  11. He took a job in Islamabad on a Telenor project. Islamabad mein ZT mein, theek hai. Telenor project tha, Swap project tha
  12. He went to Faisalabad. main chala gaya, Faisalabad chala gaya.
  13. He worked for about a month and a half and gained hands-on experience. Dedh mahina maine kaam kiya, theek hai, hands-on experience liya, sab kuch hua.
  14. He resigned and took a flight in order to sit an exam. toh main CCI karta hoon. Maine kya kiya, maine resign kiya, wahin se flight pakdi
  15. He sat the exam and failed. Exam test diya, fail ho gaya.
  16. He passed the exam about three months later. Toh teen mahine ke baad maine jaake exam diya, main phir se pass ho gaya.
  17. He worked at a Lebanese-owned company. jis company mein main job kar raha tha, basically woh Lebanese ki company thi
  18. He said he had four job offers within the first week. mere paas pehle hi hafte char job offers thi
  19. He chose Huawei because it paid well and offered strong experience. So maine Huawei ko prefer kiya kyunki highly paid thi aur ek zabardast experience milna tha.
  20. He started at Huawei as a network solutions manager. Toh ab maine woh kaam shuru kar diya, as a network solution manager.
  21. He worked on a large Ufone and PTCL project. achhe bade synergy ka ek project tha, Ufone, PTCL ka.
  22. He said he invested 1 million in his first month. Toh mujhe yaad padta hai ke pehle mahine maine 1 million ki investment kar di thi, first month hi.
  23. He said his equity reached about 1.4 to 1.5 million after a month. Woh ek mahine ke baad 1.4 million, 1.5 million ke kareeb hamari equity touch kar gayi
  24. He said he borrowed from a broker on leverage. broker house se borrow karke, leverage ke upar, aasaan lafzon mein, udhaar le liya.
  25. He said he suffered a double loss. Toh isliye double loss ho gaya.
  26. He said about 15 days later his 14 lakh rupees had become 2.5 lakh rupees. kuch 15 din ke baad hi woh 1.4 jo paise bane the, 14 lakh, woh ho gaye 2.5 lakh rupees.
  27. He said he invested a further provident fund payout of about 15 to 16 lakh rupees. woh jo provident fund aaya, 15-16 lakh rupees ka tha, woh aur invest kar diye.
  28. He said he carried a diary and asked older men what mistakes they had made. main apni diary leke jaata tha, main kehta tha uncle aapne ghalti kahan-kahan ki?
  29. He said a portfolio of about 3 million grew to about 6 million. toh 3 million ke kareeb tha, woh portfolio ho gaya 6 million ke kareeb.
  30. He said his holdings were wiped out to zero. Sab khatam, zero ho gaye, wash out ho gaye, theek hai.
  31. He said he took personal loans and fell into debt. Toh karza-warza chadh gaya, personal loans le liye, theek hai
  32. He said he reasoned that little happens here because it is a small market, and decided to go to the UAE. Phir maine kaha yaar yahan kuch nahi hota, yeh chhoti market hai, kaam karte hain, UAE jaate hain
  33. He said a company had filed an absconding case against him. us company ne mujhe absconding ka case kiya hua tha.
  34. He took the trading license of a company that had been lying dormant. maine company ka trading license liya, jo band padi hui thi
  35. He said that when someone told the other party he had an absconding case, that party became afraid. usne usko call kar di, usne kaha yaar Faraz ko absconding ka case hai, uske upar woh dar gaya
  36. He said the project was cancelled. usne project hi cancel kar diya
  37. He said he was bound to the UAE for seven months. main 7 mahine tak UAE mein bound ho gaya
  38. He said he was reading a book on technical analysis in trading. mein ek kitab parh raha tha technical analysis ki trading ke hawalay se
  39. He said he would build a trading bot. mein bot banata hoon trading ka
  40. A friend told him to participate in a contest and offered him the money. Ab usne mujhe kaha tum participate karo, mere dost ne, mein tumhein paisay deta hoon.
  41. The contest had a $100 registration fee. 100 dollars ka contest tha, jo registration fee thi.
  42. He said he turned $100 into $8,452. woh 100 dollars ke mein ne 8,452 dollars bana diye.
  43. He said his win ratio was 85 to 90 percent. mera jo win ratio tha, woh 85 to 90 percent tha
  44. He won the two-week trading contest. contest mein do haftay ke baad jab result aaya, mein jeeta hua tha
  45. He said he made about 11 BTC for another person within 14 days. Mein ne taqreeban 11 BTC bana ke diye usko 14 din ke andar.
  46. He said he was given 3.5 BTC. Usne mujhe diye 3.5 dollar, uh, 3.5 BTC, theek hai.
  47. He began working as a freelancer doing technical analysis for two UK-based brokers. mein as a freelancer, do UK based brokers ke liye technical analysis karnay lagay.
  48. He also worked as a technical analyst for a UAE broker. UAE mein ek broker tha, uska mein technical analyst ban gaya
  49. He said he could not leave his parents again. aur mein ab apne parents ko nahi chhor sakta
  50. He went to see Faisal of Pearl Securities. Pearl Securities ke thay Faisal bhai, unke paas gaya
  51. He was kept on trial for one to two months. Ek do mahinay tak unhon ne mujhe trials pe rakh diya.
  52. He was then hired on a modest salary. Ek choti si salary ke upar unhon ne mujhe rakh diya.
  53. He created a Facebook page called Trade with Faraz. mein ne Facebook page banaya, Trade with Faraz.
  54. He said followers grew to about 4,000. thak kar ke 2,000 follower, thak kar ke 3,000 follower, 4,000
  55. He ran technical analysis on the Pearl Securities YouTube channel. Mein ne woh jo YouTube pe analysis shuru kiye Pearl Securities ke channel pe
  56. He said he called the market bottom at about 27,000 on the index. mein ne market ka bottom 27,000 ke uh, index pe pakra hua tha, stock market ka.
  57. He said his analyses of stocks were correct in 44 out of 44 cases. So itna perfect tha ke 44 out of 44, jo mere uh, scripts ke jo analysis thay woh perfect thay
  58. He first planned to train 60 students. main initially 60 logon ko train karunga
  59. He said the first batch changed people's lives. ab jab woh pehla batch hua usmein logon ki zindagi badal gayi
  60. He said he runs live sessions on real accounts from 6:30 pm to 2 am. live session real accounts ke upar shaam 6:30 baje se lekar raat 2 baje tak
  61. He said live sessions are held every week and run for five to six hours. hamara daily har week ke upar live session hota hai jo ke 5 se 6 ghante chalta hai
  62. He said 95 percent in this market are failures. is market mein 95% are failures theek hai
  63. He said his talk was only about risk management and not engaging in revenge trading. maine baat hi sirf risk management aur iski ki hai ke aapne revenge trading nahi karni
  64. He said short-term traders who want quick money will not succeed. short term trader jo jaldi paisa banana chahta hai jo kabhi nahi bana sakta
  65. He said brokers are driven by commissions. kyunke brokers jo hote hain woh commission ke chakkar mein hote hain
  66. He said he thought 45 to 50 percent of the population was youth. I think 45 50 percent youth hai hamari population
  67. He said trading is a game of nerves. trading sab nerves ki game hai
  68. He said technical analysts were regarded very badly. technical analyst ko bahut bura samjha jata tha
  69. The host introduced him as Vice President of Sarmaya and a trainer. who is the Vice President of Sarmaya and is also a trainer