Pain & Profit Podcast

The Market Doesn’t Love You: Psychology Over Strategy & Keeping Traders in the Game

Pain & Profit Episode 6

In this episode of the Pain & Profit Podcast, we go deep into the psychology behind trading — and why most traders never make it. We open by breaking down our theories on why Bitcoin is tanking and how that ripples through larger markets. But the real story for us as traders isn’t about the charts…it’s about how the human mind reacts when real money is on the line.

Mike shares how he can make great returns in a combine practice account but doesn’t care about it nearly as much as his live account. Paper accounts and live accounts trigger completely different versions of a trader, because money is emotional. Mike believes fear is the #1 killer of traders.

Tony argues that risk management is the real #1 killer. It takes time to evolve from a “deer in the headlights” trader who freezes on losing trades to someone who cuts quickly, resets, and focuses on risk vs. reward — because holding and hoping is how accounts die.

We challenge each other’s methods. Mike studies everything — from economic news to data flows, gamma scalping, individual stock behavior — because his long-term goal is to manage portfolios. Tony keeps it simple as a pure day trader, taking trades that last under 15 minutes. Tony argues that more information doesn’t make you a better trader, just a more distracted one. His philosophy:

“The market does the same thing every day. I don’t need to know everything. I just need to do my simple steps 1,000 times.”


We zoom out to the bigger truth: the market wasn’t built for retail traders — it was built for banks to move money around the world. Yet we choose this game anyway. Trading isn’t just technical; it’s identity, discipline, and introspection. It tests your character. It isolates you. It exposes you to yourself.

Trading is a sport — a brutal, lonely, and deeply personal one.
We hope you don’t quit. We hope you become who you need to become to win.

Welcome to the Pain & Profit.

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If you’re tired of fake motivation and ready for the truth behind the grind — this is where it begins.

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Disclaimer:
The Pain & Profit Podcast is for educational and entertainment purposes only. We are not financial advisors. Nothing discussed in this podcast should be considered financial or investment advice. We’re just traders sharing our experiences, lessons, and perspectives on the markets and performance mindset.

Always do your own research, manage your own risk, and never trade or invest money you can’t afford to lose.