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Welcome back to the Trader Code. Today's episode is going to piss a lot of people off.
We are talking about why you are still not profitable and it's probably not what you think. If you have been stuck, frustrated, or wondering why am I not there yet, this episode is for you.
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Let's get right into it. Incompetence is just a result of insufficient reps.
You're not good enough because you're not doing enough. Do more.
It's the only way to become so good they can't ignore you. Now listen, incompetence is not
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permanent. It's not a life sentence.
It's not like, "Oh, I suck at trading, so trading is not for me." No, it's just a phase you're in right now because you haven't put in enough volume yet. You're not bad at trading.
You just haven't
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traded enough. You're not bad at reading the charts.
You just haven't analyzed enough charts. You're not bad at managing risk.
You just haven't taken enough trades where
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risk management was the difference between survival and blowing up. Now listen, everyone starts out incompetent.
You, me, Warren Buffett, we all start out incompetent. The only difference between someone who stays incompetent and someone who becomes a master is reps
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volume. doing the same thing over and over and over again until your brain rewires itself and the skill becomes second nature.
So, one of my students recently asked me, "Yo, Brad, why am I not profitable yet? Why haven't I
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figured the market out yet?" So, I asked him, "Yo, John, how many trades have you taken?" He said, "About 10 trades a month." And I said, "Bro, that's 60 trades in six months. You know how many trades I took in my first year?
I took
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100 trades a month. By the way, I'm not exaggerating.
I actually took that amount of trades. That's three to four trades a day.
So, in six months, I had taken 600 trades and you have taken 60. When he heard that, he didn't reply.
He
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just nodded and he said, "All right, man. I'll do more." Most traders severely underestimate the amount of data it requires to get proficient at trading.
I did 10 times more work than K did in the same period of time. Which also means that I got 10
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times more data, 10 times more feedback, 10 times more mistakes to learn from. That's the secret right there.
Volume. Insane amounts of volume.
Become so good they can't ignore you by doing more reps than everybody else. Taking 100 trades
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means nothing if you don't bother to review them. At the end of the day, the work isn't just about doing, it's about reviewing.
Like I say, taking 100 trades means nothing if you never look back and learn from them. Most traders think that the
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solution is to just trade more, is to work harder, add more stuff, take more setups, get more screen time, put in more reps. And yeah, like I said, volume matters a lot, but volume without feedback is just glorified gambling.
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Like you can take a 100 trades and learn nothing if you're not reviewing them. You can blow 10 accounts and stay incompetent if you are not extracting the lessons.
Because here's the truth. Practice
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doesn't make perfect. Practice makes permanent.
If you're practicing the wrong things, if you're cementing bad habits, then more reps just make you better at being bad. It just makes you better at losing
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money. So, here's the real formula.
Practice plus feedback equal improvement. You take the trade, then you review it.
Then you ask yourself, did I follow my trading plan? What did I do right?
What
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did I do wrong? What would I do differently next time?
That feedback loop is what turns volume into mastery. So, it's about doing and reviewing, doing and reviewing.
Because like I said, man, like if you take a 100 trades without reviewing them, you are
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just gambling a 100 times. But if you take a hundred traits and you bother to review every single one of them, you are pretty much building a database of lessons that no book, no course, no mentor could ever give you.
Because
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always remember, the market is the greatest teacher. But only if you're willing to sit down, be humble, and listen to what is trying to tell you.
And here's the other part that people don't want to hear. Anything worthwhile takes time and volume.
If it comes too
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quickly, it won't be valuable. If it takes too few reps, it won't be exceptional.
Everybody's seeking the shortcut. The hack, the holy grail, the secret strategy that will finally make them profitable overnight.
But buddy, there is no shortcut. The
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shortcut is the long way. The only way to compress time is to increase volume.
You can't skip the reps, but you can do more reps in less time. And you can extract more lessons from each rep by reviewing it religiously.
That's what I
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did. While most traders were out there taking 10 trades a month, I was taking a hundred.
While they waiting for the perfect setup, I was in the arena getting punched in the face over and over again, learning what works and what doesn't. And yeah, I made more mistakes,
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a lot more mistakes. I lost more money, blew more accounts.
I failed more times. But I also learned faster.
I adapted faster. I saw results faster.
Because the fastest way to learn isn't to avoid
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mistakes. It's to make them as quickly as humanly possible.
Review them, extract the lesson, and move on. So yeah, man.
Like don't just do more. do more and then review more because that's the only way you are going to turn
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incompetence into mastery. You know what kills most traders than bad strategies?
Princess syndrome. Amateur traders suffer from what I got princess syndrome.
Oh, I follow my trading plan for seven days. I meditated
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for 10 minutes today. I've been trading for six months.
Why am I not rich yet? Well, my friend, the market doesn't hand out participation trophies.
It only pays you when you've earned it. So, princess
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syndrome is this like entitled mindset where you think the world owes you something just because you showed up. Bro, the market doesn't give a about your effort.
It doesn't care that you tried. It doesn't care that you watch freaking 50 YouTube videos or read
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10 different trading books or journal every day for a week. The market only cares about one thing and that's results.
And results don't come from doing the bare minimum. They come from doing the boring work consistently, violently,
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relentlessly over a long enough period of time that the math starts working in your favor. So yeah, man.
Like you don't get a freaking trophy for showing up. You get paid when you have actually earned it.
When you have put in the reps, when you have made the mistakes, you learn the
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lessons and you build the skill. Because most traders are out here treating freaking trading like a participation award system.
They think that, oh, just because that they're trying, they deserve to be profitable. You don't deserve buddy.
That's
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the reality. The reality is that the market is a meritocracy.
It rewards competence, not effort. It rewards results, not intention.
Like you can meditate every single day for a year, but if you're still revenge
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trading, then you haven't earned peace yet. You can follow your trading plan for seven days, but if you break it on day eight, you haven't built discipline yet.
You can trade for six months, but if you have only taken 60 trades, then you haven't collected enough data
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yet. So stop expecting the market to reward you for doing what you are supposed to do.
Like that's the baseline. That's the entry fee that you are required to pay in order to participate in this game.
That's the cost of admission.
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The real rewards, they come when you have done the work long enough that nobody can deny that you have earned it. When you're facing an insurmountable amount of challenges, adversities, obstacles, when you're in the thick of it, you know, when you are losing money,
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when your strategy isn't working, when you have blown another account, it feels like the world is ending. It feels like you are never going to figure it out.
like maybe you're just not cut out for this. Like everybody was right when they
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said you're going to fail. But here's the thing, adversity always feels worse in the moment than it actually is.
Because when you're in it, you can't see the bigger picture. You can't see that this loss is just one data point in a
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thousand. You can't see that this struggle is building the mental toughness that you will need later on.
You can't see that everybody who has ever made it in trading went through the exact same phase. And that is why I
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always ask myself this question whenever I'm in like a difficult situation. Five years from now when I look back on this moment, will I be proud I pushed through or ashamed I folded?
And the answer is always super obvious
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when you zoom out because five years from now that blown account won't matter. That losing streak won't matter.
That moment where you almost quit won't matter. What will matter is whether you kept going.
Whether you stayed in the
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game, whether you had the courage to endure the pain long enough to see it finally pay off. So adversity isn't the end.
is just a test and the market is testing whether you have what it takes to earn your spot
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at the table. So when everything feels overwhelming, just zoom out.
Ask yourself, will I be proud that I pushed through or ashamed that I folded? And that answer will tell you exactly
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what you need to do next. And more often than not, if it's something worthwhile, then you are going to just push through and you are going to reap the fruits of your labor.
Compounding is the greatest superpower in [snorts] trading. And here's why.
1% battle every day feels
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small right now. It might feel insignificant in the short term, but it compounds massively over time.
On a $100 account, 1% is $1. On a million dollars account, that same 1% is $10,000.
You can see how compounding turns small
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gains into large fortunes. And a lot of traders dismiss small gains.
You know, they're h 1%. What is that?
That's that's like peanuts, right? That's that's nothing.
They think to themselves, uh, what's the point of making a dollars on my $100 account? I need to make thousands.
Well, my friend,
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that's the exact thinking that keeps you broke. Because 1% isn't about the dollar amount today.
It's about the trajectory that you are building over time. on a $100 account, that 1% is $1.
Like I
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said, it feels like nothing. It feels like peanuts.
But if you compound that consistently, just 1% per day. In 365 days, in one year, that $100 becomes over $3,700.
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And if you scale that up on a million dollar account, that same 1% is $10,000 per day. That's the power of compounding.
Like I said, it turns small gains into lifechanging wealth. But here's the
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catch. Most traders can't see it because they're too focused on the now, the the short term.
They want to turn $100 into $10,000 overnight. They want to hit home runs on every trade.
They want to get the 100x returns on the crypto mincoins.
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And that desperation, that's what blows accounts. And here's why that matters.
Most trading mistakes comes from chasing higher returns. And the truth is, you don't need higher returns.
You just need more capital. 5%
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on $1,000 is $50. That same 5% on $400,000 is $20,000.
So scale the capital, not the risk. Right?
Just think about it for a second. If you're making 5% per month on a
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$1,000 account, you're making $50, right? Which is like not life-changing money.
So what do most traders do? They try to make 50% per month instead every single month.
And as a result, they overlever, they force traits, they take
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stupid risks, and they blow up. And I know this so well because I used to be that exact guy.
I once flipped $500 into $9,000 in three days trading gold. I felt unstoppable.
I felt like
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Warren Buffett. I felt I had cracked the code.
I thought I was a genius. Good job, Brad.
I was already planning like what I'll buy with that money. And then I lost it all in a single trade the next day.
All of it gone.
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And that was my crash course in humility, in risk management. That one experience taught me more than any book could, right?
That trading isn't about getting rich fast. It's about surviving long enough to compound.
It's not about how much money you make. It's about how
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much money you keep. So there I was chasing the highs of like the massive returns instead of focusing on sustainable and consistent gains and the market punished me for it.
Just what the smart professional traders do instead. They keep making that same 5% a month.
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They stay consistent. They protect their capital and they focus on growing the account size, not the return percentage.
Because once you have $400,000 in your account, that same 5% is now $20,000 a
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month. Same strategy, same risk, same effort, different account size, different results.
And that's the secret that nobody tells you. The fastest way to make more money isn't to take bigger risk.
It's to scale
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your capital while keeping your risk the same. When you chase higher returns, you take bigger risk.
You overlever, you gamble, and eventually you blow up. But when you focus on consistency, on making small
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repeatable gains over a long period of time, the math does the heavy lifting for you. Compounding takes place.
So yeah, man, you don't need to be a freaking genius. You don't need to be a hero.
You don't need to try to predict every move. You just need to be
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consistent enough to let compounding work in your favor. And the beautiful part about this combounding phenomenon is that the same principle applies to skill development.
1% better at reading the charts every day. 1% better at managing your
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emotions. 1% better at following your trading plan.
Like I said, it might feel insignificant in the short term, but over months, over years, you become unrecognizable. Trading becomes muscle memory.
it
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becomes second nature. So compounding isn't just a financial strategy, it's a life strategy.
Stop chasing the big wins. Start stacking the small ones.
Scale your capital, not the risk, and let time do the rest. You
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don't need to be a jack of all trades to succeed in this market. You just need to become a master of one.
One strategy, one trading style, one asset class. You see, most traders are trying to do everything at once.
You know, they're
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sculping in the morning, they are swinging trading in the afternoon, they are investing for the long-term at night, they are trading forex, stocks, crypto, options, all in the same week. They're using five different strategies and they're wondering why none of them are working.
And bro, you're not diversifying.
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You are just confused. Because here's the truth.
You can't master what you are constantly switching between. You can't build deep pattern recognition if you are trading a different asset class every single day.
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You can't develop a trader's intuition if you are using a different strategy every single week. Mastery requires depth, not breath.
It requires going an inch wide and a mouth deep in one thing
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until you know it so well that you can trade it in your sleep. Now, if you look at Warren Buffett, who is a wowly successful investor, do you know that he only have like a 4% win rate, like only 12 of the 400 stocks
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that he invested in gave him outsized returns, but those 12 made him the richest man in the world or one of the richest men in the world. So he didn't try to be great at everything.
He mastered one approach which is value investing and he just
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stuck to it religiously for decades. Like that's what you need to do.
Pick one strategy, one trading style, one asset class and commit to it long enough to actually get good at it. Because the goal isn't to understand every market.
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The goal is to understand one market so deeply that you have an edge nobody else have. You see, just like you, when I started trading, I tried everything.
I tried ICD, smart money concepts, price action, indicators, candlestick patterns, chart patterns, and I was just
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drowning in strategies and instead of getting better, I just got more confused. So, I stripped it all down.
I found out what works for me and I just stick to my own personal approach, which became market mechanics, and I went all in on it. I tested it.
I refined it. I
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executed it over and over again for the past seven years until it become second nature. And that's when I finally became profitable.
Not because I knew more strategies, but because I mastered one. So stop trying to be a jack of all trades because you will end up becoming
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a master of none. Pick one path, one strategy, one style, and stay within your circle of competence until you have mastered it.
and just be patient because like the real money is made in the long game.
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That's how you get a competitive advantage that lasts. The bar for excellence has never been this low.
It's so easy to beat traders who obsess over optimizing every detail of their life just to focus. Back in the military, all I needed was a
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chair and a laptop and I outworked them all. Like that's what happened for the past two years.
Most traders, they spend most of their time optimizing their setup than actually trading. They need their matcha latte.
They need the perfect monitor. They need the perfect
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desk that's the perfect chair, the perfect lighting, the perfect routine, the perfect morning routine. And they convince themsel that, oh, once everything is optimized, then they will finally be able to focus and trade properly.
They will become profitable
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magically. But the day never comes because there's always one more thing to fix, one more tool to buy, one more system to perfect, one more makeup item to make to look more pretty.
Meanwhile, they're not taking trades.
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Like they're doing anything but trading. They are not putting in reps.
They're not doing the actual work itself. And that's exactly why they do this to guys like me.
Because while you're out here shopping for the perfect ergonomic chair, um complaining about why you
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didn't get eight hours of sleep, I'm out there sitting in a military bunk with a laptop on my lap analyzing the charts day and night. While they were optimizing for the morning routine, I was waking up at 5:00 a.m.
after a 20 kilometer road match with my boots still
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kicked in mud, putting up Trading View on my phone, bro. While they were waiting for the perfect conditions, I was trading in the worst conditions imaginable.
Exhausted, sore, no energy, surrounded by noise.
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But I still did it because I didn't need to be perfect. I just needed to show up.
Like for the past two years in the military, a chair and a laptop. Like those were my real friends.
Like that's all I had and that's all I needed.
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Because like I said, here's the truth. The world doesn't care about your setup.
The market doesn't care if you have three monitors or one. Your P&L is not going to automatically improve just because you bought a standing desk or you took like a freaking ice plunge.
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What matters is whether you are doing the work, whether you're taking the trades, whether you're reviewing, whether you are showing up every single day, no matter how comfortable or inconvenient it is. So, stop using optimization as an excuse
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for procrastination. Stop waiting for the perfect environment to finally get started.
All you need is a chair, a laptop, a Wi-Fi connection, and the willingness to outwork everybody else.
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That's it. That's the real edge.
If you're that rich, why can't you spare five minutes to sit in silence with yourself? If you're that profitable, why can't you take your eyes off your P&L when you're with your family?
If you're
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that free, why are you still a slave to your own mind? What's the point of winning in money if you're losing in life?
This is the question that hunts most traders when they finally make it. You know, you've been grinding for years.
You sacrifice everything, relationships,
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health, everything. You push through the pain, the losses, the doubts, and finally you became profitable.
You hit six figures, maybe even seven. You've got financial freedom.
But then you sit down at dinner with your family and you're still checking your phone, still
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watching the charts, still obsessing over every tick. You can't even enjoy the wealth that you have worked so hard to build because your mind won't let you rest.
That's not freedom.
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That's just a bigger cage. That's just a fancier prison that you have created for yourself.
Because financially freedom means nothing if you're still mentally in prison. If you can't sit in silence for five minutes without getting anxious.
If
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you can't be present with the people that you love without thinking about money. If you're still chasing the next dopamine hit, the next trade, the next win.
And I always say that like the biggest illusion about wealth is that money equals freedom.
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But in reality, a lot of traders who are uber wealthy with a lot of money, they are just rich slave. Slave to the charts, slave to money, slave to other people's opinions.
Because true freedom isn't about buying anything you want. It's being able to
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walk away from the charts and still feel complete. It's being able to sit in silence with yourself and actually enjoy it.
It's being present with your family without your mind wondering about your P&L.
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It's having peace, not just profit. Now, this is a lesson that I learned the hard way.
When I made my first million dollars at the age of 21, I thought that I'll be happy. I thought all my problems would magically disappear.
But I wasn't
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happy. Not at all.
In fact, I felt like I had lost my purpose, my meaning in life because I had spent so many years obsessed with the goal that when I finally reached it, I didn't know who I
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was anymore. And that's when it hit me.
The destination is never the reward. The million dollars wasn't the reward.
It's the journey, the struggle, the late nights, the early mornings, the person
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you become along the way. But the truth is you will only understand that after you have reached the destination.
So yes, go out there, get rich man, work hard, get rich, build wealth, secure your financial freedom, but just don't
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forget to build peace along the way. Don't forget to master your mind.
Don't forget to be present with the people who actually matter because what's the point of winning in money if you are losing in life. So if you're sitting there
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wondering why you are still not profitable, ask yourself how many reps have I actually done? Am I reviewing my trades or am I expecting participation trophies?
Am I chasing massive returns instead of compounding small gains? Am I
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trying to master everything or going deep on the one thing? And most importantly, am I building wealth and [snorts] peace or chasing money while losing myself?
It's like gaining the world but losing your soul. It's not
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worth it. And remember, the market doesn't reward effort.
It rewards competence. And competence only comes from volume, feedback, and discipline over time.
So stop waiting for the perfect conditions. Stop optimizing your
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environment. Stop expecting shortcuts.
Just do the freaking work. Review it.
Learn from it. Compound it.
Because five years from now, you're going to be proud that you push through. All right.
So before we wrap up here
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today, like I said, drop your favorite quote from this episode in the comments down below. I will personally go and read through every single comment.
And also it helps you lock in the lesson and it helps others see what resonated with you. And once again, if this episode has hit home, share it with someone who
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needs to hear it. My name is Brett Go.
This has been episode six of the Trader Code. And remember, your journey is the edge.
The setbacks are part of the story that you one day tell. Keep showing up and you'll win in the