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You know, most traders say they want consistency, but what they really want is comfort. They want results that look consistent without living a life that actually is.
They will journal for a week and then they will skip it when the
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markets get slow. They will follow their trading rules, their trading plan when they are winning and then they will abandon them the moment fear kicks in.
And then they wonder why their equity curve looks exactly like their discipline curve. It goes up when they
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care, when they are discipline, when they are consistent and it goes down when they don't. Now listen, at some point you have to decide, do you want to feel good or do you want to get good?
Because the price of consistency is
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everything inconsistent about you. My name is Brett Gold and this is episode three of the trader code.
If you are new here, new to this series of solo podcasts that I have pretty much created. This is where I break down
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every single tweet that I've written personally, but going way deeper into the meaning behind them, the mindset, the discipline, the philosophies that actually make you profitable. So while watching these episodes, hopefully with a glass of hot green tea, I want you to
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comment down below your favorite quote of mine. This helps you remember the lesson and you also allows others to learn from your perspective as well.
So let's pay it forward. Let's share the wisdom and let's begin with the third episode.
Look, you say you want
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consistent profits, but your actions aren't consistent. You want conviction in your trade ideal, but you have never collected data.
You want confidence in yourself, [snorts] but you have never done hard things long enough to earn it.
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Listen, one is the price of the other. Conviction cost data.
Confidence costs discipline. Consistency cost sacrifice.
If you're not willing to pay that price, then stop complaining about the results
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you don't deserve. Because the market doesn't give discounts.
It only give you exactly what you have earned, what you have deserved. Now, this is a lesson that I learned the hard way.
Back when I was still working a 9-to-five job at this big real estate
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company, what I do is that I would study the charts or study my chart markups and analyze the charts during my lunch breaks and then I would go home and trade late into the night, sometimes even till like 2:00 a.m. I thought effort was enough.
You know, I was working consistently. Now, I was working
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hard, but I wasn't working consistently. So, I will follow my plan for one week, and then I'll revenge trade the next week.
I will stick to my trading rules when I'm winning, when I'm happy, and then I will abandon them the moment I hit a losing streak. Every time I
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thought I was disciplined, I will slip up. And that's when I realized that consistency isn't built when it's convenient.
It's built when it's inconvenient. The months that truly forged me weren't the ones that I won.
They were the ones
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where I lost everything and I still showed up the next day as though nothing has happened. Six brutal months of working by day, trading by night, blowing accounts, losing money, crying on the train home, and waking up the next morning and having to do it all
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over again. That was the season that built my edge.
That's when I learned that you don't get consistent results with inconsistent habits. You earn them the moment you start treating trading like a hobby and start treating it like a real profession.
Because at the end of
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the day, the market doesn't reward who tries the hardest. It only rewards who lasts the longest.
Signness and copy trading are borrowed confidence for outcomes you haven't earned. And that's why it expires fast.
Because when you
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take someone else trade, you're not just copying their entry, you are inheriting their conviction. The problem is you didn't build it.
So the moment that trade goes into draw down, they might hold it calmly because they actually believe in a trade idea, but you're
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going to panic. You're going to close that losing position early because you never saw the data.
You never felt the process. You never suffered through the losing streaks that made them trust that setup in the first place.
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And that, my friend, is the difference between confidence and borrowed confidence. One is built through thousands of repetitions and the others is rented through shortcuts.
It's like wearing someone else's armor.
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It looks strong on the outside like a bullet can't go through it. But when the first arrow hits you, boom.
That is when you realize that the armor didn't fit you at all and now you're dead. Early in my journey, I jumped from one strategy to another strategy.
I was trading smart
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money concepts and then price action strategies and then ICT concepts and then indicators and then chart patterns and then candlestick patterns trying to figure that one strategy that will finally make me consistent. But all I was really doing was outsourcing conviction.
I would see a
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trading guru post a winning setup while sitting at the back of a Rolls-Royce which he rented for a day and then I would try to replicate it. And when it didn't work for me, I would immediately move on to the next strategy, the next trading guru.
So my trading journal at
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some point looked like a graveyard of random strategies and borrow ideas. Nothing of my own, nothing I had tested, nothing I truly understood.
And that is when I decided to start over. I was like, you know what?
Since everything doesn't work, let me just create my own
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So out of frustration, I bought like a plain notebook just like this, okay? And I wrote on the cover market mechanics blueprint, the playbook.
And in here, I wrote down every single
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trading concept that I was learning, every theory, every candlestick strategy, every piece of strategy that I've came across in my entire trading career. But this time I didn't actually just write down the different strategies, right?
I didn't just note
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the different chart patterns down and the different uh concepts down. I actually tested them.
I actually practiced every single concept trade after trade. Day after day, I treated the market like a laboratory, right?
You know, just like a scientist cooking
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something, right? So slowly I started to see what actually work.
Not because someone told me it would actually work but because I had proven it myself. And over time that notebook became my foundation.
It became my conviction and it became my unique edge. And that's
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when everything changed. That's when I started to see consistent results from the market.
I started to have conviction in my trade ideas. I was no longer hesitating when I see a trading opportunity.
I could actually pull the trigger. All because conviction that's
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earned through your own pain doesn't expire. It compounds.
You don't win by borrowing confidence. You win by building it.
If you tie your self-worth to your P&L, you will never last long enough to see consistency. I used to wake up and check my account
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balance before I even brush my teeth, before I even pee. My mood depended entirely on what I saw.
If my P&L was up, I felt like a genius and I knew I was going to have a good day. If the P&L was down, I felt like a failure and I
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knew it was going to be a day. So, my emotions move exactly like my equity curve.
It goes up when I win, it goes down when I lose. And it wasn't just my capital that was fluctuating.
It was my confidence. I didn't realize it then,
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but I wasn't trading the market. I was trading my self-esteem.
You know, it's funny nowadays. People come up to me and go, "Hey, Brad, you made it.
Good for you, man. Respect for not quitting when you were losing money." And I just smile and say, "Yeah, that's me.
That's me."
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But deep down, I always felt like a fraud. Because when I started my trading journey, I wasn't this courageous guy who just refused to give up.
In fact, I was a because there were so many moments where I wanted to quit.
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moments where it felt like life was pressing my head underwater and I was just running out of air. There was one night in particular.
I logged into my bank account on my crack little iPhone and the screen showed me $24.50.
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That wasn't a typo. Like that was literally all I had left in my bank account.
This was after blowing my third trading account. After losing every dollar I had saved up for my internships and my side jobs like working as a waiter and a guy that's giving up flyers
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after working 12-hour shift trying to claw my way up only to watch it all disappear in one bad trade. I remember sitting there staring at the number on this little crack iPhone and I
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saw $24.50. It didn't even feel real because like I had never been this broke.
Like yeah, I was always broke like you know I had $1,000 in my bank account, $100 in my bank account, but never $24.50. So it wasn't that I didn't wanted to
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quit. I simply couldn't because my family's futures was lying on my shoulders.
My dad was turning 60 years old. He had no pension, no retirement plan, no investments, barely any savings.
like he had less than five
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figures in his bank account which is not enough to live comfortably in Singapore and he had spent decades working odd jobs you know he worked as a hotel housekeeper he was repairing watchers and he later he became a real estate agent who was underperforming because he
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couldn't speak English and he was just doing anything he could just to keep foot on the table and now it was my turn to put foot on his table and I think at some point of time I told myself. If I quit now, I'm condemning him to keep working till the day he die.
So when I
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look at that $24.50, something inside me snapped. Something woke up.
Like I don't know what it is. I couldn't describe the feeling.
It could be like this burning fire within me. And I remember whispering to myself, if I can't even make six figures from here, I
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don't deserve to be alive. What's the point of leaving if I can't even help the man who sacrificed everything for me?
Now, that might sound dark. Like, that might sound like some dark voodoo but that was the exact level of desperation that I needed.
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Because when your back is against the wall, when you have nothing left, you stop negotiating with your excuses. You stop negotiating with your inner There's no such thing as, "Oh, you know what?
I I'll do it tomorrow. Oh, I don't feel like I do today." No, you go all
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in. And that $24 didn't really represent limitation.
To me, it represented a countdown. A deadline for who I had to become.
So, I told myself, I would rather die trying than spending another year broke, beat,
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depressed, insecured, and regretful. So, I kept going.
You know, I deposited my next $1,000 paycheck. Failed again, tried again.
you know, deposit another $1,000 paycheck, failed again, tried it again, and then eventually I keep on
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doing this until I passed my first funding challenge on FTMO. I was so goddamn happy.
I was so goddamn proud of myself because I finally passed one after failing like freaking five. And then I got my first payout, which I remember was like a few thousand.
I can't remember the exact amount, but it
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was like a few thousand. So slowly things started to turn around, right?
I had actually gotten quite proficient at analyzing the charts and quite decent at managing risk and my emotions and then I started seeing some consistency. You know, I wasn't making like freaking 50k
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a month, but like I was seeing results and it was consistent. So, I stopped measuring myself by my profits and I started measuring myself by my process.
My focus went from chasing outcomes to
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mastering execution to getting better to becoming a skilled trader. And my sense of peace stopped coming from green numbers on Metatrader 4.
And it started coming from doing what I would say I would do, keeping the promises I made to
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myself. Because that's the paradox.
The moment you detach from the results is the moment your results start improving. I know, super duper ionic, but I think that's how the law of attraction or whatever the universe thing work.
Okay? When your self-worth no
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longer swings with your P&L, you start trading from a place of clarity, not from emotion. And that's when consistency begins.
When you finally realize that your value as a trader doesn't come from how much money you make, but from how well you manage
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who you become in the process. People think trading is an intelligence game, that the smarter you are, the faster you'll make money.
But the market doesn't give a about your IQ, your education, your degree, or how many books you have read. It only rewards consistency.
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Now, bear in mind, I've met a lot of traders. I've met traders who could break down market structure and liquidity like freaking professors, but they couldn't follow their own rules for more than seven days.
The market humbers intelligence every single day because it
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doesn't respond to theory. It responds to action.
Consistency beats intelligence in trading. You don't need to outsmart the market.
That's impossible. You just need to outdisipline yourself.
Every losing streak, every hesitation, every
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overleveraged trade, it comes from one thing, which is the failure to execute your plan the same way every time. Trust me, when you finally stop trying to be clever and stop trying to be consistent, your entire career will change.
Because
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the truth is, you don't need to predict the market to win. You just need to execute your plans so relentlessly over time that the math has no choice but to work in your favor.
A lot of traders blame their losses on emotions. They
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treat it like this big scary thing that they can't control. But I've always believed that when you define things from first principles, they stop feeling mysterious.
When you actually simplify complicated concepts, when you actually understand
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something clearly, it loses its power over you. And when that happens, you stop reacting from emotion and you start seeing objective reality, not just your version of reality, not just what you think the market should do or will do,
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which is usually like a distorted perception. So, let's start there.
What are emotions? Emotions are simply energy in motion.
They're not good. They're not bad.
They just exist. As long as you have a pulse,
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as long as you're alive, as long as you're a human, not an AI Asian, you are going to feel emotion. Every trader feels fear, gre, hesitation, frustration, doubt, regret, everything.
The difference between amateurs and
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professionals isn't emotion, it's awareness. professionals, they still feel it, but they know how to respond.
Because in trading, your action determines the market's reaction, and the market's reaction determines your results. When you act out of emotion, you're no
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longer reacting to price. You're reacting to your boss.
That's when you start closing profitable trades too early, chasing move you have missed, or doubling a lot size to make back what you have lost. It's not the chart that bit you.
It's your biology. it's
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yourself. What changed everything for me was realizing that I didn't need to eliminate emotions.
I just needed to observe them just like passing clouds. When I started journaling my emotional state before every session, you know,
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noting if I was tired, angry, distracted, feared, I began to see patterns and I realized that my biggest losses didn't come from bad trades. They come from bad emotional state.
Once I learned to regulate my emotional state,
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the market started feeling more common because it was never about controlling the market because like you can't. It was more about controlling myself.
So that's all emotion really is. Emotions are simply energy.
And when you learn to direct that energy instead of
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suppressing it, that is where you start trading from clarity, not from chaos. That's when you realize that consistency isn't about emotional neutrality, but it's about emotional mastery.
Most traders panic the moment they hit a
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losing streak. They think something's wrong with their strategy or worse with themsel.
You know, they start doubting everything they do, every single trade that they take. But here's the truth.
If you flip a coin 100 times, there's a 54% chance that you will get seven hits or
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tails in a row. This also means that stricts aren't proof that you are bad.
They are proof that you are simply playing a game of probabilities. And trading is no different.
Even with like a 60% win rate or a 90% win rate,
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you are statistically guaranteed to face losing streak. Like I said, it's baked into the math.
It's not what I think, okay? It's literally math.
And the difference between amateurs and professionals isn't who avoids those losing streaks. It's who expects them,
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plans for them, and stays emotionally neutral when they come. And this is exactly why journaling and risk management matters so much.
Because when you track your trades and you manage your risk properly, a losing streak stops becoming like a quarter
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life crisis. It actually becomes data.
Because in trading is never about avoiding the flips, avoiding the losing streaks. It's about surviving long enough for the probabilities to play out.
Most traders don't realize this, but the results actually follow a bell
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curve. Most of your trades will sit right in the middle.
Small wins, small losses, break even days. That's completely normal.
That's where 80% of trading actually happens. But every now and then, you will hit one of the tails.
a big win or a big loss. And those are
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the ones that actually shape your equity curve. The trick here is to avoid the big loss by keeping your risk per trade consistent.
1% 0.5% 0.25% or whatever your trading plan says. Because once you break that rule, that one outsiz loss is
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going to wipe out weeks of progress. And at the same time, you have to learn how to capture the big win when it comes.
That means not cutting your winners too early just because you're emotional or you are scared to give the profit back to the market because consistency in
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risk protects you from rune. Patience in profits creates exponential growth and that's how you stay alive long enough to catch the right side of the curve.
[snorts] Honestly, even after seven years of trading and now making six
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figures a month, there is still one quality I aspire to build every single day. It's not confidence.
It's not discipline. But it's courage.
Because courage is what separates the traders who dream from the ones who actually execute. The courage to let your winners
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run high even though you are scared that they will reverse. The courage to execute your plan without hesitation even after taking three losses in a row.
The courage to size up when your edge is there. Even though your mind is
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screaming for you to play it safe. And the truth is courage doesn't come from confidence.
It comes from exposure. From putting yourself in situations that stretch you again and again until fear loses its grip.
Every time you take a
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heart trade, every time you act despite fear, that's a wrap. You're training courage like a muscle.
And the more you train it, the stronger it gets. And if there's one thing I've learned is you don't become a great trader because you're fearless.
You become a great
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trader because you act despite fear. A soldier's job isn't to predict every attack.
Is to respond fast, adapt, and minimize damage. And it's the same thing with trading.
So back in the military, we had these standby periods where we had to be in uniform with our rock sack,
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our gear, and our weapon within arms reach. And then there will be this alarm that goes off and it could go off at any second, any time.
And when it did, we had to drop everything that we do. You know, if we were eating something, we have to drop it and then we have to pick our gear on.
If you were playing a game
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in the middle of a Call of Duty game, we have to drop it and we have to rush down the stairs, right? It's like we have to be going down to the stairs and report to the parade square ready for war, ready for whatever actually arise, ready for like the terrorist attack, whatever.
So basically, you don't wait to be
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surprised. You stay ready so when a duty calls, you strike.
Same thing with trading. Your job isn't to predict every move the market will make because that's playing like an impossible game.
Your job is to protect capital, respond
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quickly when you are wrong, and recover faster than anyone else. Because the best armies win before the battle even begins.
True preparation. The best traders win the exact same way.
You don't rise to the level of your
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predictions. You fall to the level of your preparation.
Amateurs obsess over entries. Professionals obsess over exits.
Most traders spend 90% of their time obsessing over entries. You know, like when to get in, what candle,
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where's the liquidity, what setup, but professionals know that the real game is in the exit. Because getting in is easy.
Anyone can press buy and sell. The hard part is deciding when to let go because price can always go higher.
And there's
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always this voice in your head saying, "What if I sell too early? What if I take profit too early and price continue going up?" But the thing is, trading isn't about catching every move.
It's about capturing your part of it cleanly,
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repeatedly, and without any emotional attachment whatsoever. Amateurs chase perfection.
Professionals execute precision. You master trading not by timing every entry perfectly but by learning to exit decisively and living with the decision.
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When I first started trading, I thought my problem was emotions. You know, I'll feel fear when price move against me.
I'll feel greed when I was up and I was winning. And I'll feel hesitation whenever I saw the setup is forming because I didn't have confidence in my
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strategy. But what I didn't realize back then was that emotions weren't the real problem.
There was just the symptom. The real problem was that I didn't have a structured system.
Because if you don't know exactly what you're looking for,
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every chart feels like noise. No You will constantly second guess yourself and ask, "H, is this a valid setup?
H, should I enter now or should I wait?" And guess what? that uncertainty breeds emotion, breeds guess work and
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emotion and guesswork breeds mistakes, human error. Like I mentioned earlier, everything changed when I built my market mechanic system.
I strip away all the fluff, all the all the unnecessary indicators and the complicated concepts with five different
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nuances to it. And I reduce my process to pure structure, clear rules for entry, exit, and risk.
And suddenly trading became boring. But boring is good.
It meant that I wasn't reacting
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anymore. I was executing.
I wasn't playing the game for the sake of adrenaline gambling. I was playing the game so I could actually make money.
And this is why I always tell traders, you don't need to fight your emotions. You
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need to remove the opportunity to exist. And you do that by building a mechanical system.
Define your process so clearly that your only job is to follow it. Because once you have structured, 99% of your problems will disappear.
The secret
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to mastering your mind isn't about suppressing emotions. It's about becoming conscious the moment they arise.
It's about becoming more mindful and more aware when they actually come. A lot of traders feel fear, greed, or
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anxiety and they immediately try to fight it. Like that's their first instinct.
But the real skill is to pause, breathe and settle the body down. Because once the body calms down, the mind will follow.
Every time you catch yourself
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acting emotionally, and you choose awareness instead of reaction, you weaken the hold emotions have over you. Like I said, it's like building a muscle.
And over time, that awareness compounds. You will start to see patterns not just in your trades but
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yourself. Because it's not about predicting price, it's about predicting yourself.
And the more conscious you become of your unconscious habits, the fewer mistakes you repeat. And fewer mistakes means fewer losses.
And this also means more
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profits. That's it.
That's the that's the secret right there. And for the longest time, the emotion that I struggled with the most is fear.
until I actually broke fear down and look at it straight in the eye and asked what the is fear and that is when I realized that fear in trading only exists before
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you click the buy and sell button it's not when you're in the trade no it's before you press the buy and sell button it's never about the trade itself it's always about your attempt to predict the future or your attachment to your past results you think that your next trade is tied
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to the last one and that illusion is what creates hesitation. Oh, I lost the last trade, so I'm going to win the next trade.
Oh, I'm going to lose the next trade. And that's what creates fear.
So, the only way out is detachment is to follow your trading plan and just let
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the positive expectancy play out over time. Because when you truly trust your edge, the fear disappears.
Once again, not because you have conquered it, but because there's simply no room for it anymore. The highest leverage skill in
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trading isn't memorizing chart patterns or chasing indicators or reading macroeconomic news or articles. No, any dumbass can do that.
It's surface level knowledge. What separates elite traders from average ones is mastering liquidity
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and timing. Liquidity tells you where the market wants to move, where the money is trapped, where stop losses sit, where smart money is hunting.
Timing tells you when the move is about to happen, when volatility compresses, when
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liquidity pools are built, and when momentum is about to release. When you learn to read both, trading stops feeling random.
You're no longer reacting. You're anticipating.
You're seeing the same chart everyone else is, but through an entirely
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different lens. You actually see the objective reality rather than the subjective version of your reality.
So liquidity shows you the destination. Timing decides when to strike.
And when you master both, you will never look at
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the market the same way again. If you want to get better at trading, stop looking for new strategies and start removing your blind spots.
Every blind spot that you uncover is one less way to blow up. And the only way to find them is through a ruthless self review.
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Reviewing every single trade that you have taken. Once again, most traders, they don't lose because their system is bad.
They lose because they never studied themsel. They keep repeating the same emotional mistakes, the same unconscious patterns, getting into early
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moving stop- losses, hesitating on valid setups once again because they have never seen those patterns clearly enough to correct them. When you actually take the time out to review your trades religiously, you will start to notice recurring patterns, recurring behaviors.
you know, you hesitate before winners,
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you get impulsive before losers. Uh, and and you get overconfidence after a winning streak.
And when you have that awareness, that's what turn chaos into data, into your alpha, into your edge. Because trading isn't about adding more tools, right?
It's not about adding
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more, adding more No, it's about subtracting the things that blind you. And the more blind spots you eliminate, the lesser mistakes you make, the closer you get to mastery.
You don't build trust in your system by studying, visualizing, or manifesting. You build
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it by gathering so much data that is unreasonable not to understand your edge. Because when you have locked hundreds of trades, reviewed every entry and exit, and analyze every variable of your trading plan, conviction stops being emotional.
It actually becomes
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mathematical. You don't hope your system works anymore.
You know it does because the data prove it because you actually have evidence to back it up. And that's how real confidence is built through evidence, not emotion.
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Every back test, every journal entry, every spreadsheet you fill out, every trade you take is a brick in that foundation of certainty. The more data you collect, the less you hesitate.
The less you hesitate, the more consistent
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your execution become. The more consistent your profits become.
And that's the turning point when confidence turns into conviction and conviction turns into consistency. All right, so that's a wrap on the trader code episode
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3. I hope you guys have really gotten a lot of value on that particular episode itself.
I'm so hungry right now. It's like lunchtime right now, but I was like, you know what?
I have to really go the extra mile with these concepts and like really like distill each one of these tweets so that it could
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potentially change your behavior. And I think that's the purpose of like this entire series.
It's not just for you to listen to these episodes and just feel like you are productive. No, that's just a form of mental masturbation.
All right? Theory knowledge is nothing if
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you don't actually practice it. if you don't actually execute on it, if you don't actually act on it.
So like yes, go down to the comment right now and write down the quote that really hits it home for you that that that is really like impactful for you because chances
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are that quote is the action that you need to take. So once you have actually memorized that quote now change your behavior, right?
Because the lateral part that is where you actually take the action that will actually get you
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results. I'm just giving you the road map to get there.
You still have to pick up the shovel, take the bloody road map and go and hunt for the treasure. Yeah.
So whatever wisdom that I impart upon you in this particular episodes, please for
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the love of God on it because this right here, this entire thing is pretty much the blueprint on how I became profitable, how I actually became consistent in trading. And I just wish somebody has told me all of this stuff back when I was blowing freaking five
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accounts and losing all my life savings in my first year of trading. And now I get a chance to tell it to you.
You know, I get a chance to actually pay it forward. I actually get the chance to pass down that wisdom to perhaps my younger self watching this or like you
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in the position that I was in six years ago, seven years ago. And if these episodes could just help one person and get one person to change their behavior and actually get results, then you'll be worth it.
Then like this weekly routine
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of me drinking tea and conversing with you will be worth it. And that's why we actually create these episodes.
That's why we create this content. All right?
It's so that we can actually impact the world. All right?
So, if you have enjoyed this, please do like what all
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all like the freaking YouTubers say, go and like and subscribe. All right?
Because we post these episodes every single week. And just make sure you click like the bell button so you don't miss a single episode.
And always remember, your journey is the edge. The setbacks are part of the story that you
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one day tell. Keep showing up and you'll win in the