--- title: 'The End of Loss: How to Flip the Switch to Consistency Today' source: 'https://youtube.com/watch?v=JlTnZGhb3ko' video_id: 'JlTnZGhb3ko' date: 2026-08-23 duration_sec: 545 channel: 'Manual do Trader' --- # The End of Loss: How to Flip the Switch to Consistency Today > Source: [The End of Loss: How to Flip the Switch to Consistency Today](https://youtube.com/watch?v=JlTnZGhb3ko) ## Summary This video presents the 'tripod' framework for trading success, based on Alexander Elder's three M's: Mind, Method, and Money (risk management). The hosts argue that traders lose money not because of bad technique, but because they fail to master a single strategy, neglect risk management, and trade with a money-focused mindset. The video emphasizes that consistency comes from deep expertise in one or two techniques, disciplined risk control, and a psychological shift toward being the best trader rather than chasing profits. ### Key Points - **The Tripod Framework** [00:02] — The video introduces a three-legged stool (tripod) representing the pillars of trading success: Method, Risk Management, and Mindset. These were created by Alexander Elder and are followed by many successful traders. - **The Real Problem: Lack of Mastery** [01:21] — Traders lose money not because their technique is bad, but because they haven't mastered any single strategy. Many chase a 'perfect plan' that guarantees daily wins, but such a plan doesn't exist. New strategies are created monthly, but without deep understanding, they fail. - **What It Means to Be an Expert** [02:18] — Being an expert means studying a technique to the point of thinking about it all day, knowing every detail, knowing when it doesn't work, and being able to teach it from scratch without notes. It's about being the best operator of that technique among your peers. - **Master One to Three Techniques** [03:11] — Traders should choose one to three techniques that match their profile and stick with them until mastery, rather than jumping between strategies. This deep understanding allows for precise entry/exit decisions and proper risk management. - **Risk Management: The #1 Reason for Going Broke** [03:26] — Risk management is the number one reason traders go broke. Traders must know their exact win/loss parameters before entering a trade, such as 'I'll win 200 points and lose up to 100.' Being unprepared leads to emotional decisions like moving stop losses or closing trades prematurely. - **Win Rate and Risk-Reward Ratio** [04:45] — Most consistent traders have a win rate of 40-50%. If your loss is equal to or greater than your gain, the math doesn't work. You're lying to yourself if you think this will be profitable. - **Shield Your Risk Management** [05:27] — Risk management must be 'shielded' and untouchable. Use automatic stop-loss orders, pre-configured strategies, or bots to remove emotion. If you're not psychologically prepared, don't trade that day. - **Mindset: Trade to Be the Best, Not to Make Money** [06:22] — Trading to make money is why you lose. Successful people like Steve Jobs and Bill Gates focused on being the best at what they did, not on getting rich. When your focus is on money, you become afraid, hesitate, and disrespect your limits. When focused on being the best trader, you follow the plan and respect stop losses. - **Remove Money from the Screen** [07:47] — A powerful tip: when trading, remove the money from the screen. Focus on the chart and the technique, not the dollar amount. This helps reduce emotional attachment and improves decision-making. - **Conclusion: Psychology is Key** [08:03] — It's good to know a little about many techniques, but you need to be an expert in one to three. Trading is much more psychological than the action itself. Train your psychology and reflect on where you need to improve: method, mindset, or risk management. ### Conclusion The video concludes that trading consistency comes from mastering a few techniques, strictly adhering to risk management, and shifting your mindset from making money to being the best trader you can be. The secret is that money naturally follows when you focus on your attitude and psychology. ## Transcript Lis. And I am Ricardo. Let's get straight to the point. You're losing money in the financial market, but we know our tripod. Hold on a minute, I'm an expert here. Beautiful. Our tripod. And this three-legged stool will show whether you'll go broke or survive in the stock market. AND . And these Ps were created by Alexander Elder, which is very important for you as a trader. If you don't know about it, followed by many successful traders out there , right? And if you'd like Alexander Elder's important influence , both on trading and personal life, then leave a comment here and we'll make a video about it, because whether you like it or not, you unconsciously follow him . And today we're going to prove to you that these feet are very important. And the problem isn't the market, the problem is you for not yet liking, commenting, or watching our other videos here about indicators and setups to help you avoid major problems in your life, whether you're a beginner trader or even an experienced trader who is consequently making very serious mistakes. And we're going to show you how to fix these serious mistakes and how you'll stop losing money very soon how you'll stop losing money very soon . which is the method. You don't lose money because your technique is bad. You any of them. Many people believe there is a perfect plan, that they will learn a perfect setup that will guarantee they always win, every day. And I'll tell you, he does keep hearing that it doesn't exist, that it does n't work, they tend to seek it out. win every day. And the truth is that every month a new strategy, a new technique is created. They will use Fibonacci, they will use top-bottom analysis, pivot points, price action, ATR stop loss, they will analyze and create new setups, new strategies that can be very important. And in fact, most of them might even work, but the problem is that you have n't mastered any of them. And the truth is, it's harsh. You can't stop studying just because you're not an expert. And can become an expert. Keep master setups and strategies. Understanding the indicators perfectly. Exactly. So, what does it mean to be an expert? It's about studying a technique to the point of thinking about it all day long, knowing every single detail of it, knowing when it doesn't work, teaching someone from scratch without even looking at any notes, in other words, you've memorized it, it's all right here in your head, being the best operator of that technique among all the people you know. . And what does Cristiano do? He keeps training, he trains every day, every hour, every moment, and with that he keeps improving. But as traders, we have to choose a technique that matches our profile and stick with it until the end, instead of jumping from one strategy to another . And when you become an techniques, at most three techniques, but you really understand your technique in detail, the strategy used, whatever it may be , you will know when to enter, when to exit, respect risk management, and start to really see the method. Second pillar, risk management. This is the number one reason why you go broke. Be honest with us here. know exactly what your game will be and what your loss will be. For example, you already know exactly, "Oh, my game will be 100 points, my loss is 100 points." To do one-on-one or not? I'm going to win 200 points and hope to lose up to 100. Or maybe you prefer to win little , for example, betting on an L of 100 and losing up to 400 points. It largely depends on your risk management and your technique, but you have to know, you have to be prepared for it. One way you might be unprepared is, for example, seeing the Instead of letting yourself be stopped out and accepting your defeat, you further down, thinking, "Oops, soon the market will return to where I and then when you are actually stopped out at that low point, you suffer an risk management goes down the drain . Or something I'm sure you've stop loss, pulling your stop loss, then the market actually turned back, you were getting close to your game, close to your game, and then when it got almost to break even, you gained 10, 20 points, you went and closed the trade because you panicked. In other words extremely absurd stop loss, but your game is extremely small. That won't work, Most consistent traders will actually have a win rate, a will actually have a win rate, a success rate of around 50, 40%. If your loss is equal to or greater than your gayness, then it's lipstick on the underwear. You're making it clear that you're doing something wrong, and there's no amount of math in the world that can make it right. You're lying to yourself if you think this will work. Your stop loss, for example, is 150 for the day, but one day you lose 200 and then you say: "Okay, no problem, I'll recover later. I'll recover next month." And then another month goes by and again you've lost your way, you haven't respected risk management and ended up with a lost another month of work, a month that could have been dedicated to something else, and you're just getting lost and tangled up you're just getting lost and tangled up without really respecting Exactly. And risk management, it has to be shielded, it can't be touched. If you've done all the math, you've practiced a lot, whether on a demo account or can happen, what can't happen, you're prepared for some negative or positive news, right? And if you're not prepared for the mouse. Why? Because if you take your hand off the mouse, you avoid making those kinds of you need to do? You need to set up an automatic stop-loss order, lock in broker, have pre-configured strategies, or even use bots, for example. And speaking of robots, you have to take all the space away from emotion. If stressful day, don't operate, because if you operate and you're not psychologically prepared, you're going to mess something up . So, risk management is shielded, you can't mess with it. Risk management isn't about avoiding losses, it's about surviving to continue operating. And the third leg of our tripod is the mindset. You trade to make money, and that's why you lose. So, let me ask you a question. What is your focus when you sit down to trade? If you tell me to make money, that's where The truth is this: think of people who have succeeded, big names and role models that you say, "I don't want to be like that person." Did they start out wanting to make money? Steve Jobs, Bill Gates, Marco Zuckerberg of Facebook, or even the owner of Google—have you ever stopped to think if they really started out saying, "I want to get rich, so I'm going to start my startup, I'm going to start my company, I'm going to start my investment, I'm going to completely mistaken. They started because they wanted to be the best in the world at what they did. In trading, it's the same thing. When your focus is strictly on money, you become afraid to trade, you hesitate to enter, you exit too early, you end up disrespecting your limits, increasing your stop loss, you end up losing control, not respecting your emotions or putting your emotions above everything else. In other words, you are operating on emotion. But when your focus is on being the best trader possible, a better person than you were you transform. You start respecting your stop-loss orders, following the plan, practicing the technique, making accurate readings, forgetting about the money, and acting like a a powerful tip. When you are trading, remove the money from the screen. Look Believe me, it will help you a lot. For sure. So the secret is not to be an expert, but to make money, and the money will naturally appear as a consequence of your own attitude as Now, to conclude, remember, it's good to know a little about each technique, a little about each indicator, but you really need to be an expert in one, two, or just three. Figa, then, those three legs of our tripod, darling, your psychology, train your psychology a lot, and trading is much more psychological than the action itself. So, if you enjoyed this video, don't forget to like, comment, share, and subscribe to our channel to get better tips and instructions so you can be better prepared and effectively become an expert, combining all the all the improve as a trader. And reflect on where you think you need to improve, in your method, your mindset, your risk management. So that's it, stay with us and see you in the next video.