---
title: 'Millionaire Traders Think Differently. Here''s How...'
source: 'https://youtube.com/watch?v=93nbiqcIcb8'
video_id: '93nbiqcIcb8'
date: 2026-08-14
duration_sec: 1584
---

# Millionaire Traders Think Differently. Here's How...

> Source: [Millionaire Traders Think Differently. Here's How...](https://youtube.com/watch?v=93nbiqcIcb8)

## Summary

This video explores the psychological differences between unprofitable and professional traders. The speaker argues that the key to consistent profitability is not a secret strategy, but a shift in mindset from outcome-oriented to process-oriented thinking. The video outlines several mental models that professional traders use to maintain discipline and achieve long-term success.

### Key Points

- **Outcome vs. Process Mindset** [00:55] — Unprofitable traders focus on the money they can make (outcome-oriented), while profitable traders focus on following their trade plan and improving (process-oriented).
- **Preparation Over Prediction** [03:44] — Profitable traders prepare for the market by doing analysis and research, rather than trying to predict price movements. Luck is defined as preparation meeting opportunity.
- **Quality Over Quantity** [06:51] — Taking more trades leads to more mistakes and depleted mental energy. Profitable traders focus on quality, taking fewer, high-probability trades.
- **Survival Over Winning** [09:41] — Profitable traders prioritize capital preservation (survival) over winning. They follow Warren Buffett's rule: don't lose money.
- **Rules Over Feelings** [12:33] — Profitable traders rely on mechanical rules (if-then statements) rather than feelings or emotions, which makes their strategy scalable and profitable.
- **Environment Over Motivation** [14:55] — Profitable traders build environments that make bad decisions harder, rather than relying on fleeting motivation or willpower.
- **Judge Over Large Sample Size** [17:48] — Profitable traders judge their performance over a large sample size (100+ trades), not a single trade, to avoid recency bias.
- **Ego vs. Feedback** [19:13] — Profitable traders treat every trade as feedback, not as a personal victory or defeat. They review their behavior, not just their P&L.
- **Review Behavior, Not P&L** [20:43] — Profitable traders review their behavior, which they have 100% control over, rather than their P&L, which they cannot control.
- **Consistent Risk Management** [22:05] — Profitable traders remain neutral and risk the same amount on every trade, regardless of confidence, because they know any trade is a coin flip.

## Transcript

made millions from the market itself. And on top of that, I've also spent the past 7 years studying thousands of professional traders. And what I've an unprofitable trader and a professional trader is not just
strategy. It's how they think. Unprofitable traders think in outcomes, and professional traders think in systems. A lot of beginners think that millionaire traders have some secret trading strategy, but the real
difference is not just a setup. It's the way they think before, during, and after they trade. So, in this video, I'm going to break down the mental models that separate traders who keep on blowing their accounts from traders who can
generate consistent returns. The first difference between professional traders and unprofitable traders is their mindset. It's the way they think when they are trading. Unprofitable traders have an
outcome-oriented mindset, which means that they are only fixated on the amount of money they can potentially make on any given trade. Profitable traders have a process-oriented mindset, where they are thinking not just in P&L terms, but
whether they actually follow their trade plan or not. So, that's the first mindset shift I want you guys to adopt. So, if you want to get the results of a professional trader, which is aka consistent profits,
you need to learn how to think like one. So, you need to shift from a outcome-oriented mindset to a process-oriented mindset. So, that is how I approach my day-to-day right now. I'm not thinking about, "Oh,
did I end today positive?" I mean, if I did, that's great. But more often than not, I'm thinking about, "Did I follow my trading plan today? Did I improve myself today?" Right? I'm focusing on how can I actually get better every
single day? How can I make these tiny improvements that will compound over time that will give me massive returns in the long run. A beginner can make money on a bad trade. A professional trader can lose money on a good trade.
The difference is whether the process is repeatable. So, once again, I need you guys to shift your mindset from, you know, thinking in P&L terms like how can I make as much money as possible in the shortest amount of time while putting in
the least amount of effort possible to a process-oriented mindset. How can I actually become a skilled trader every single day? How can I get better at this skill set, right? So that eventually I can make money consistently. How can I
get a more data so I can improve my trading strategy, improve my trading plan so that in the future I can make consistent returns, right? So, this paradigm shift fundamentally changed the way that I trade and it absolutely
changed my trading results. And the funny thing is when you stop obsessing over the money, when you stop obsessing over the outcome, now you are raising your vibrational frequency and now you are more likely to attract the money,
right? Because as the saying goes, whatever you chase runs away. The reason why you are chasing it is because you don't have it right now. So, if you don't have it right now and you are chasing it, by that definition you have
literally just created a separation between you and consistency, you and the dollars, right? But when you adopt the identity that you are a professional
trader, you start to think, act, and feel like a professional trader, you professional trader every single day, then guess what? Now you are able to attract the money rather than chase it. Now, the next difference is that
unprofitable traders try to predict the market while profitable traders prepare for the market. A lot of beginners have this misconception that trading is all
about predicting what price would do next. Predicting whether the next candle is bullish or bearish, predicting when the stock market is going to crash, predicting where's the top and bottom of the market itself.
But the thing is, we ain't fortune tellers, we ain't psychic, we ain't uh magicians, right? We cannot predict with 100% certainty what's going to happen next. And the truth is, you don't need to, right? You don't need to be able to
predict what's going to happen next in order to make money in this game. All you got to do is to prepare. All you got to do is to prepare yourself so that when the opportunity do comes into the market, you are there to seize
it. And that's how I define luck. Luck is when preparation meets opportunity. markups, right? You do your analysis, you do your research, and you decide
that, "Hey, I'm going to enter for a buy according to my research." And then, later on, the trade idea turns out to be correct, turns out to be valid, the market tends to go up, and guess what? You get rewarded for it. In this case,
trying to predict the market. You got preparation, you've done your analysis, you've done your research. And yeah, that's just how the market is. Like, just think about it.
right? Let's just imagine that the market is a living, breathing and organism, which I believe it is. If you are the market, if you're like this higher power, who would you reward? Would you reward the guy who is trying
to gamble their life savings, you know, trying to predict and bet everything on buy or sell, you know, bet everything on red or black? Or would you reward the guy who have done his preparation, you know, done his hard work to do what's
necessary in order for you him to develop a trade idea, to develop a trade bias, and then to just surrender to the market, right? Surrender the outcome to the market, and get completely detached from the trade outcome. If you are the
market, who are you going to reward? Are you going to reward the unprofitable Obviously, the profitable trader, right? Like, yeah, that's just common sense. So, understand that professionals do not
need to predict every single move, okay? No, no prediction. No, you know, like betting here. No, it's not about predicting. It's about preparing, you
know, doing your chart markups, doing your analysis, you know, doing your own due diligence, checking all the high impact economic news, doing your fundamental analysis, technical analysis, sentiment analysis to figure
out where is price most likely going to go next, and then positioning yourself on the right move before it actually happens. That's what trading is about. The next difference is something that I've learned the hard way, and that is
I've learned the hard way, and that is unprofitable traders focus on quantity, while professional traders, profitable traders focus on quality. Unprofitable traders think that, "Hey, if I just take five trades in a day, I
will automatically make a lot more money compared to if I just take one trade a day. Anyways, after all, isn't it just a numbers game? So, if I take 10 trades a day, maybe nine out of those 10 trades
will win." Well, that's a flawed mindset, and believe me, because I was in that exact position in my first year of trading as well. In my first year of trading, I would take up to five to 10 trades a
day. Not a month, not a week, but a day. Right? And as a result, I would convince myself that, "Hey, the more, you know, bullets you shoot, you know, the more likely one of them is going to hit. But, that's counterproductive. Because what
I've realized is that the more trades you take, right? The more stupid mistakes you make, okay? The more stupid mistakes you make. What tends to happen is that you take one good trade at the start of the day,
and then, you know, you might win or you might lose, whatever. And you take another trade, and that second trade is Like, what I basically mean by that is that the second trade, you know, when
you take the second trade, your energy level is, let's say, at like 75%. energy level was at 100% because it requires a lot of willpower, a lot of properly. Right, so trade one, your energy level
is at 100%. Trade two, your energy level is at 75%. And trade three, your energy level will be like, let's say, 40%. And then, by your 10th trade, your energy level is like, let's say, 10%. Okay? So, what happened is that the more you
trade, the more depleted your brainpower is. Your mental capacity like just start diminishing because you are making so diminishing because you are making so many decisions. That is why nowadays I
only take trades that are worth my financial capital, my emotional capital, and my intellectual capital. This is something that I've learned from professional traders, right? They only take trades where it's worth it. So,
instead of, you know, thinking of how can I take more trades, think about how can I take more good trades, okay? How can I ensure that I'm focusing on quality rather than quantity? How can I trade like a sniper rather than like a
machine gun? Right, so yeah, just make this one shift alone, and trust me, you will take a lot less trades. And when you take a lot less trades, you lose and guess what? You make more money, right? It's just mathematics. The next
difference is that unprofitable traders focus on winning. While profitable traders focus on surviving. There's this famous quote by Warren Buffett which he said, "Rule number one
is don't lose money. Rule number two is don't forget rule number one." Now, think about what he meant by that. Notice how he didn't say, "Rule number one is to make a lot of money. Rule
one." No, he said, "Rule number one is don't lose money." So, before you can think about thriving in the market, you have to think about how to survive. Before you can think about making money in the market, you must think about how
not to lose money. Because capital preservation is the name of the game. Think about it. You need capital in order to trade. Capital is essentially oxygen to a
trader. So, if you run out of oxygen, you can't breathe, and by that definition, you will get eliminated out of the game. So, capital is really the most important thing ever. So, your job as a trader is not to make money.
as a trader is not to make money. Your job first is to stay in the game, right? Stay alive. Because when you can stay alive in this game, you will last long enough for you to actually take the setups that are actually worth it, that
will actually pay you. But, the mistake here is that a lot of traders that are so obsessed over trying to win that they allocate their capital into low probability setups. You know, they start taking trades that they
shouldn't be taking. They force trade, they over trade, they revenge trade, they chase trade. And when you You all of these mistakes, you are just wasting your capital on a setup that just doesn't pay you. Right? Rather than
actually saving that capital for you to later on deploy to setups that actually So, that's the fundamental difference between unprofitable traders and profitable traders.
Profitable traders, they ain't thinking about winning first. They are thinking about how not to lose the money they have. Because they know that every single dollar in their trading account can be allocated into an opportunity
their trading account rather than deplete their trading account. So, as a result, they are perfectly fine with not trading for the day. They are very patient and they are able to like just wait for the right opportunity. Wait for
the high probability setups. Wait for the A+ setups and then deploy their capital. That's how they trade. Now, another big difference between unprofitable traders and profitable trader is that unprofitable trader rely
trader is that unprofitable trader rely on their feelings. While profitable trader relies on rules. And a they are trading. Hmm, price is going up. So, I guess I
should buy. Oh, I feel like buying right now because, you know, the traffic light oh, I feel like, you know, it's like they always start with I feel. But then, that's a lie because it's not really a gut feeling that they should be
dependent on since they haven't played this game long enough for them to develop this gut feeling, develop this intuition that they can trust. So, as a result, their gut feeling is just their emotions, right? It's just their
emotions in disguise. So, yeah, like that is definitely not the guy that you want to listen to. While profitable traders, professional traders rely on mechanical rules, instead of asking, "What do I feel about
instead of asking, "What do I feel about the market right now?" they think about, "Is this setup aligned with my trade plan?" "Does this meet my entry criteria?" If it does, I execute. If it doesn't, I
it does, I execute. If it doesn't, I stay out. As simple as that. They have if-then statements. Like, if this happens, then Y happens. Right? So, if price creates a morning star candlestick pattern, then I will enter for a buy. If
price is situated at my point of interest and show liquidity, then I will interest and show liquidity, then I will buy. If price is not at my point of interest, then I will stay out. Right? So, having these if-then statements
allow your strategy to be mechanical, methodical, and what is simple and mechanical is scalable. And it's profitable. Right? So, having these rules in your system, having a proper
framework, just allows you to eliminate emotion from the equation. Just allows you to be grounded in logic and just trade objectively rather than trading on mental well-being, trading on emotions, trading on greed, trading on ego,
trading on fear. Right? Now, you can actually see the market for what it is. The next difference is that unprofitable traders rely on motivation, while traders rely on motivation, while profitable traders rely on environment.
So, a lot of unprofitable traders thinking that, you know, they are going to be disciplined when they feel like it. Yeah, they when they are inspired to their trading plan. And that's relying on motivation, which is very fleeting,
right? Some days we have motivation, some days you don't. And on those days disciplined and all that but on those other days where you don't have discipline, what do you do? You just be undisciplined. And when you are
inconsistent with your actions, because some days you have motivation, some day you don't, guess what? Your results are going to be inconsistent. Well, profitable traders, they do not rely on willpower or motivation. They
build environments that make bad decisions harder. So, they put themselves in situations where they cannot self-sabotage, where they have to be disciplined. Not because they want to, but because they
have to. And that's the power of environment. Because when you can trade in an environment that is conducive for you, right? That's allowing you, you know, that's forcing you to take the right actions every single day. Now,
once again, you are more likely to act like a professional trader, which means you are more likely to get the results of one. And this is the exact reason why I built Edge Flow, the world's first discipline-focused
trading super app. Like most traders know what they're supposed to do. You know, they should follow their trading plan, they should journal their trade, they should review their trades, they should, you know,
stop trading after hitting their max daily loss target. But, they just don't do it. Right? It's like they know what to do, they just don't do it. So, if you know what to do and you end up not doing it, it's the
same as not knowing at all. Right? So, just think about how true that is. If it, it's pretty much the same as being ignorant, right? Because you didn't change your behavior. And also, sometimes emotion tends to take over.
start getting involved in a losing streak or even in a winning streak, emotion like fear and greed starts taking control, and that affects your decision-making. So, Edge Flow is built to turn professional trading behavior
into a system. We've got rails, with features that allow you to plan your trade, trade with your plan, journal your trade, review your trading data, review your trading performance so that you can actually improve, so that you
can actually act on a daily basis just like a professional trader. So, you are no longer relying on willpower or motivation that is simply fading. Now, discipline is actually built into your system. You don't have to rely on this
motivation that comes in the middle of nowhere. The next difference is that unprofitable traders judge their trading performance by the outcome of one trade. While profitable traders judge their trading process, their trading
performance over a large sample size like 100 trades or even 500 trades. Right? So, it's like pretty much a very, very large sample size.
Now, how many times have you sulk over a bad How many times have you caught yourself thinking that oh, I'm a bad trader. Oh, my trading strategy sucks. It doesn't work. Oh, trading is a scam when you
have lost a trade. That's because of recency bias, right? which allows you to like just focus on what is happening recently. Right? So,
feel like If you win a trade, you feel excited. You feel bliss. You feel like you're on top of the world. It's all because of this thing right here, right? Which I call the one trade phenomenon. But that's not how you
performance. Instead, what you should be doing is to measure your trading doing is to measure your trading performance over a large sample size. Right? So, until you have taken and reviewed 100 trades, you don't have
sufficient data to prove that your trading strategy is working or is not working. Right? So, you got to do more. You got to put in more reps. That's the power of, you know, analyzing your data, analyzing your strategy based
on a large sample size. Another difference is that unprofitable traders treat their ego, while profitable traders treat every single trade as feedback. Right? Unprofitable traders take everything personally. They're
like, "Oh my god, I lose. The market must hate me." But guess what, buddy? The market doesn't give a about your opinion. It doesn't even know who you are. The market by itself is objective.
It's your belief about the market is objective. It's your perception of the objective. It's your perception of the market that is subjective. Right? So, yeah, stop thinking that, "Hey, smart money purposely move price in a certain
manner so that it can target your stop loss." No, you're not that important, all right? That's simply your ego speaking. What you want to do is to just treat every single trade, whether that's a win or a loss, as feedback. All right?
So, if it's a loss, think about what you can do to improve your strategy to prevent yourself from making the same mistake again in future. If it's a win, then you can think about you know, like, how can you repeat that
win in the future? What is the behavior that you need to reinforce to ensure that you're able to catch the same trade, right? The same quality of trade. So, yeah, ego versus feedback, right? If you treat every single trade we as
feedback, you cannot lose. Right? This is where you know that the more trades you take, the more feedback you gather, right? The more you know yourself, the easier it is for you to become profitable. Now, another big difference
is that unprofitable traders review their P&L, while profitable traders review their behavior. Because behavior is the thing that they have 100% control over. Right? They look at everything from behavior standpoint.
at everything from behavior standpoint. What is the behavior that the market has rewarded, right? I.e., you you when I follow my trading plan, when I journal my trade, when I actually take the time out to review my trade, all of these are
actions, you know, all of these are behavior that the market will reward. Compared to revenge trading, chasing trade, over trading, all of these are punish. So, if I can just do more of the
behavior that the market will reward, then by the definition, I will get more rewards from the market. I will get more profits from the market. But on the other hand, unprofitable traders is only obsessed over the one thing that they
cannot control. You know, like their emotional well-being is tied to this one thing, and that is the P&L. So, if the P&L is up, they are happy. You know, if their P&L is down, they are sad. And once again, P&L you have absolutely
no control over. What you do have control over is the set of actions that you take on a daily basis, and that is the one thing that will actually make you profitable, and that is your behavior. The last difference between
unprofitable traders and profitable traders is the way they manage their When unprofitable traders are confident, they feel this urge to size up, you know, I'm just going to size up because I have so much confident, I have balls
go up. So, I'm going to go all in, right? I'm going to bet my entire But profitable traders know that anything can happen. They know that at the end of the day, every single trade is still a coin flip. It's still 50/50.
No matter how much confluence they have, no matter how confident they are, they will never, ever size up their risk. Right? So, there are some traders who who do size up, right? For example, if it's an A+ setup, they take 2%
instead of 1%, which is what they usually allocate for normal A setups. But I'm talking about certain profitable traders like myself who is very mechanical when it comes to the way that we manage our risk because we accept the
fact that anything can happen at any given moment. So, profitable traders, they remain neutral, right? They continue risking the same amount of trade. I mean, the same amount of money on any given trade, right? They know
that anything happen, I'm just going to continue risking 1% 1% 1%. While feel like, you know, sizing up. I'm going to risk going to risk 3%. Oh, this next trade seems very good,
right? You know, all the stars in the universe is lined up for me. I'm just going to bet all my account on it." And when you do this, all it takes is one loss to wipe you out, right? All thanks to your greed, right? All thanks to your
So, those are the differences between unprofitable traders and profitable traders. I really believe that the only difference between these two group of traders is the way they think and their behavior.
So, by definition, if you're able to change the way you think, the way you act, the way you feel, you will get the results that you desire, right? So, if you can think like a professional trader, you know, having
like a process-oriented mindset rather than outcome-oriented mindset, you can act like a professional trader, uh following your trading plan, journaling, reviewing your trading performance, meditating, all of these things you can
do inside Edge Flow, wink wink. And you can feel like a professional trader, right? You do the inner work. You don't just focus on the technical analysis, but you also focus on rewiring your mind, reprogramming your belief
system, then you will change your results, you think, act, and feel, you change your identity. Now, you're no longer labeling yourself as an unprofitable trader. Now, you are a professional
like one, you act like one, you feel like one. And next thing you know, you actually become the professional trader. You actually get the results that you've been dreaming of. You're actually able to manifest the dream life that
you've been dreaming all this time round. Not by focusing on the house or the car or the money or the lifestyle or the freedom that comes with trading, but by focusing on the skill set, but by changing the inner operating system, by
changing your mindset, by changing your daily actions, by changing your subconscious belief, by changing everything that you know about trading, right? So, to me, I really believe that to become profitable at trading, it's
less about learning new stuff, it's more about deleting the information that just forgetting the stuff that don't serve you, and just, you know, start learning new stuff that actually matters. And all of these stuff
past 7 years. And after starting thousands and thousands of traders out there, professional traders as well. So, with that being said, if you guys have enjoyed this video right here, you would 100% love my free playlist right
here, where I teach you how to trade like a professional trader in 33 days, where I literally mentor you for free. And yeah, go and check that out. Because start to move like a professional trader, and start getting amazing
results. And with that being said, remember, you're just one trade away.