TubeSum ← Transcribe a video

You Won't Get Rich with Trading! (They Never Revealed This...)

0h 14m video Published Jul 21, 2025 Transcribed Aug 5, 2026 B Berman Trader
Beginner 5 min read For: Aspiring traders and individuals interested in financial markets who need a reality check on the challenges of trading.
AI Trust Score 65/100
⚠️ Average / Some Fluff

"Delivers on the promise of revealing hard truths about trading, though it's more motivational than informational."

AI Summary

The video is a motivational and cautionary talk aimed at aspiring traders, emphasizing that trading is not a get-rich-quick scheme and that most people will fail. The speaker stresses the importance of emotional control, focusing on the process rather than outcomes, and avoiding comparisons with others. He also reveals that many successful traders have other income sources and warns against overtrading and the illusion of shortcuts.

[00:16]
Trading is not easy

Most people watching will not become consistent traders and will give up with more losses than gains.

[01:24]
Market as a life teacher

Trading teaches emotional management, discipline, and how to handle outcomes even when you do everything right.

[02:06]
Emotions override reason

When emotionally overwhelmed, traders forget their loss limits and management plans, leading to impulsive decisions.

[03:16]
Most give up after losses

99.999% of those who quit do so because they suffered losses and don't want to lose more money, often learning nothing from the experience.

[04:27]
Emotional volatility in trading

In one week of trading, you can experience emotional volatility that a person in a traditional field might experience in 10 years.

[05:35]
More trading time ≠ more profit

Trading more hours does not proportionally increase profits; it can lead to overtrading and lower quality decisions.

[06:39]
Traders have other income sources

The speaker reveals he has other sources of income besides trading, and most successful traders on the internet also earn money in other ways.

[08:14]
Stop comparing yourself

Comparing your results to others makes you focus on outcomes instead of the process, which is essential for growth.

[09:21]
Process takes time

Like gestation, results take time; there is a minimum screen time (about 4 months of daily analysis) before expecting consistent profits.

[10:17]
No shortcuts in trading

There are no shortcuts; only better strategies and methods, but you must still put in the work and follow the process.

[11:16]
Trader's cycle

Start learning, trade, realize you must improve as a person, then results align, and finally optimize strategy and management.

[12:10]
Backtesting is essential

You must backtest strategies on historical data to ensure they have worked before; otherwise, you are trading randomly.

The speaker concludes that most people will quit, but those who persist and focus on the process, emotional control, and backtesting have a chance. He encourages viewers to change their mindset and focus on the process, not just the outcome.

Study Flashcards (5)

What percentage of people who give up trading do so because of losses?

easy Click to reveal answer

99.999%

03:16

What is the minimum screen time (daily analysis and trading) recommended before expecting consistent results?

medium Click to reveal answer

At least 4 months of daily screen time (about 1 hour per day).

09:50

What is backtesting?

easy Click to reveal answer

Looking at historical charts using a specific strategy to see how much you would have profited, to ensure the strategy has worked in the past.

12:10

Why does the speaker say trading more hours does not lead to more profit?

medium Click to reveal answer

Because it leads to overtrading, and the quality of later trades decreases due to fatigue and bias.

05:35

What is the 'trader's cycle' described by the speaker?

medium Click to reveal answer

Start learning, trade, realize you must improve as a person, then results align, and finally optimize strategy and management.

11:16

💡 Key Takeaways

💡

Market as a life teacher

Reframes trading as a tool for personal development, not just profit.

01:24
📊

Emotional volatility in trading

Highlights the intense emotional experience of trading compared to traditional careers.

04:27
💡

Traders have other income sources

Reveals a common but often hidden truth about successful traders.

06:39
⚖️

Stop comparing yourself

Emphasizes focusing on the process rather than outcomes, a key principle for success.

08:14
🔧

Backtesting is essential

Provides a concrete technique for validating trading strategies.

12:10

[00:01] trading thinking you were going to get rich overnight, right? So it is. Today I'm going to tell you something you may never have heard before. I might throw a bucket of cold water on you, but if you

[00:16] can handle it, it could be the start of a new phase in your life within the market. Maybe you were just losing money, and after this video, you going to learn a strategy, not because you're going to learn management skills, or, I don't know,

[00:31] get access to some miraculous little robot, no. But that's because I'm simply going to throw a lot of truth in your face. And from these truths, transformed. With a transformed, expanded mind and a

[00:45] clearer, more defined goal, your results can begin to flow in a more interesting way, potentially even bringing profit in the coming days. First of all , trading isn't easy. Most people watching this video are not

[00:58] going to be consistent traders. Most people watching this video will give up, ending their journey with more losses than gains. Most people watching this video right now are probably

[01:11] feeling a little nervous, a strange sensation. Perhaps you're wondering, will I be able to do it? Will I make a profit? Am I one of those who will give up and lose money? And I want to tell you that

[01:24] the trading market, whether you do day trading, swing trading, regardless of the market you're going to operate in, is not just a tool for you to have profession, to achieve financial freedom, to make

[01:37] money, to multiply money. Looking at the market is a teacher for your life. You will learn how to manage your emotions. You will learn how to behave even after you do everything right and the result is still different

[01:51] 'll get really pissed off, you'll get angry, you'll get anxious, you'll get scared, and sometimes you'll even get greedy if you get a good result. But in the case of a bad result, when you're upset, your emotions are running high, and

[02:06] moment when you look at the chart, it hits a region that seems like it's a great opportunity for you to make an entry. But you're you to make an entry. But you're so emotionally overwhelmed in that very

[02:18] short-term moment that you forgot, you hit your loss limit, you forgot about your management. So you went there and had the surgery. Why did you forget? Because your emotions were overriding your reason. And if you're the kind of person

[02:33] reason, you're an animal. You're going to act like an animal. You're going to see someone person, you're going to punch that person. You won't be able to have a relationship, you won't be able to handle absolutely anything in your

[02:47] entrepreneur, you won't even be able to be an employee who gets hired permanently . So, don't act like an animal. And the market is good precisely for you to develop as a human being, to have more control over your

[03:02] people enter the market thinking only about the money, only about the cash. So that's how it is, right? Ah, if I won, if I'm winning, it's because it's worth it. If I'm . So, most people, as I said, will leave this

[03:16] video, continue trading and so on, but over time, a good portion will give up. And of those who give up, the vast majority, 99.999%, give up because they've suffered some kind of loss and don't want to lose any more money. But

[03:30] these people, if you come up to them in, say , a few months and say: " trading results? How were your trading results? Did you win or lose?" no good, I'm at a loss." Say something like: "Okay, you lost the money,

[03:43] changed in your life? Where did you develop? What emotion were you able to Not me, what does that have to do with anything? I traded, I lost money. I hate this business, I gave up on this crap, it doesn't work out ." In other words, the person wasted

[03:58] said they didn't learn anything from it. I'm critical of gambling, but even in gambling you can learn something, even if it's just what not to do. So understand that the market isn't

[04:12] money. It's much more than charts, it's much more than profit. In one day, in one week of trading, you can experience the

[04:27] traditional field goes through, but not in one week, they go through it in 10 years. That is, in one week you have this emotional volatility that a guy might only experience in 10 years. Do you think you can't learn from that? The problem is that you

[04:42] 're only focused on the money, so you can't look at yourself. You can't look at your actions, you won, great, you lost, damn. That's all. You forget to check if you followed the management plan, if you traded correctly,

[04:56] you forget to take screenshots of your trades to see if you entered correctly. You forget to write down any feelings you had while you were trading. Sometimes, on that day you went to trade, you

[05:08] were already a bit stressed about some situation in your daily life, in your personal life. And then you traded as you were trading, you saw that your emotions were running high, you made a mistake, you traded incorrectly, you hit a stop loss, you stopped, okay? You didn't

[05:21] deviate from the management plan, but if you hadn't traded, it would have been better. Sometimes not want to take this opportunity to tell you that maybe you're trading one or two hours a day and are already seeing some kind of result, you might

[05:35] when I quit my job, I'll have more time." If I have more time, I will operate more. If I trade more, I will profit more. That's a lie, it's not proportional. If you trade for 1 hour a day and earn R$1,000 a day, it doesn't

[05:49] hours a day, you will earn R$2,000 a day. It doesn't mean that if you start trading 4 hours a day, you 'll start earning R$4,000 a day. Forget about it. You might even end up losing money . Because spending a lot of time

[06:02] looking at charts and trading is one thing; studying is one thing, trading is another . This leads to something called overtrading. You're going to operate beyond what you should. The quality of your first operations will not be the same as the quality

[06:14] of your last operations. You understand that, right? Because you'll have already won, you'll have already lost, you'll already be more tired, you'll already have some bias from the chart, like, today is better for this strategy, today is better for that one. And that

[06:26] might influence you and cause you to deviate from your trading plan. So, if you 're in this market, I want to tell you something. The car in the background isn't chroma keyed here. I bought my car about two years ago.

[06:39] I bought my car about two years ago. a Mercedes Benz G63 AMG with a brand why am I talking about this? This is a car that costs almost millions of dollars more. And then you look at this car here, and you say: "Wow, Berman is a trader, an

[06:52] I want this car, I'm going to do what he does so I can get this car too." Let's suppose you are the kind of person who has this kind of thought, n't succeed, I'm not here to say that it won't work out, nor to

[07:05] discourage you, but I'm here to tell you something that most traders out there are afraid to say, and I don't know why. I could have bought this car just with the profits from my operations, yes, just with the profits from

[07:18] my investments, yes. However, the wealth I have today doesn't come solely from trading and investments. If I take my net worth as it stands today, the amount, the percentage that's from trading, investing, great, I'm a

[07:31] operating for quite a while now, right? But what I want to tell you is that I have other sources of income. I earn money in other ways. And all the traders you see on the internet make money in other ways. It doesn't

[07:45] trading, but if the person is selling courses, they also win contests. Not that I think that's wrong. If the guy is good and delivers real results, he . If there are people who will pay, dedicate themselves, learn, and have a

[07:59] chance of getting results, or at least a greater chance, that's great. So, where am I going with this ? Get rid of comparisons in your life . Stop comparing yourself, because if you look at my results, you forget about what goes on behind the scenes. If you look at the

[08:14] result, you forget the process I had to endure, and that I still endure, and that I still focus on the process. They are simply different cycles, with different objectives. If you only look at the result and compare yourself to others,

[08:26] you'll concentrate a good part of your energy and focus on the outcome and not on the process. And if there's one thing I talk about, and talk about a lot, it's focusing on the process. What does that mean? You have a goal, a destination you want to reach. Show. Are

[08:40] You're going to look at what you have to do now. You are going to plant a seed. Why would you plant a seed from a particular tree? You're going to plant an apple tree seed. Why, my friends? Because you want

[08:53] an apple tree to grow, and that apple tree will bear fruit, it will produce apples. Right? If you just keep thinking about it, throwing the seed in the ground and just thinking, "I going to produce tons of apples." To only think about the outcome. Oh, it's going to be full

[09:07] of apples. Wow, that's awesome! It won't do any good, nothing will grow, nothing will be born. You have to water it, you have to focus on the process, water it, take care of it, and wait. There are some things you just can't speed up. There's a really good example,

[09:21] A woman gives birth to a child in approximately 8 to 9 months. If you take nine women, there's no way you can get nine women together to conceive and carry a child in a single month. It's no use having nothing to do.

[09:36] This is the gestation period. And that's the end of it. And then there's the screen time you need to have. Of course, this varies from person to person, but it's at least, at the absolute minimum, at the very least, at the very least, at the very least, at the very least, at the very least, person, but it's at least, at the absolute minimum, at the very least, at the very least, at the very least, at the very least, at the very least,

[09:50] screen time. So, if we're talking about one hour a day, that's roughly three months. That's if you do it every day, for three months and a little bit more, right? That's if you spend at

[10:04] least an hour analyzing and trading every day. Now, take away the days you don't do it, and so on, so let's say at least 4 months of screen time alone . It's the bare minimum, Before that, forget it. If you win,

[10:17] thing I want to tell you is that there are no shortcuts. There are good strategies, good methods, techniques that are better than others, and even better management styles, but ultimately there are no shortcuts. You have perhaps slightly better fuel,

[10:33] which will make your car travel the route a little faster. You can also hire a GPS service to show you the fastest route, but there are no shortcuts. There are no shortcuts. When I

[10:47] say shortcut, I'm talking about, you know, those video games where you're in the car, racing, accelerating, and then there's the track, and then suddenly something happens off the track, out of the ordinary. It's a shortcut in the market, there isn't one, that doesn't exist

[11:02] . You have a faster route, you can walk faster, but there's no real shortcut. Knowing all of this, knowing that it's difficult, that most people don't succeed, that it's not just about money, that you need to

[11:16] transform yourself into a better person to achieve better results in the market, and that the better person, I believe the trader's cycle is as follows: you start know what you're doing, if you're learning the right way, right? Otherwise, if

[11:30] give up, goodbye. Now, if you're in the right circle, you start trading then you realize that you don't just make money from trading, you make money in life. Why? Because you have to improve as a human being. Skills,

[11:45] discipline, emotional control. That's how trading helps you improve your life as a become a better person, your life starts to improve, and then your trading results begin to align. And from there you will

[11:58] optimize strategy, methodology, management, and then the results can start to appear. But only if you are obviously using techniques and methods are obviously using techniques and methods that make sense and that have, at least

[12:10] you have two options: use a strategy that hasn't even worked in the past, at least has worked in the past. Then you have to do something called backtesting, which is looking at the chart in the past using a specific strategy, and seeing

[12:24] you've never done a backtest and you've watched this video this far, 're in the trading market. So you've reached this point, I mentioned backtesting, you've you have to do backtesting. I must have spent countless hours doing

[12:40] backtesting. It's about pulling out a strategy, looking at the chart, okay? How many times more would you have profited, how much would you have profited? And the backtest doesn't have to favor you; it has to be literal, it has to be faithful to the methodology, because

[12:52] will work out of nowhere? Which would you rather use: something that already worked yesterday, the day before yesterday, last week, last month, the entire last year, or even 10 years ago? It might stop working starting tomorrow, it's possible. But, hey,

[13:07] that has worked before at least, right? Rather than trying to profit from something random, non-standardized, and unoptimized. Well, maybe the things I said were a real bucket of cold water.

[13:21] But if you've made it this far, I believe that after listening to all this, if you're going to you to, because after listening to everything I've said, if you really do continue, then I have a little more hope. Most

[13:34] people who aren't going to get results from trading have already left the video within the first few minutes. So, you who have made it this far , you are already part of the minority, understand? You can be happy now, the vast majority have already dropped out, and those who dropped

[13:46] halfway through. So, congratulations, you're halfway there. And don't forget, always, always focus on the process. Did you like it? You know what to do, leave a like. But more important than your like is that you leave this video with a change in your

[14:02] mindset so that your results improve from now on.

More from Berman Trader

View all

⚡ Saved you 0h 14m reading this? Transcribe any YouTube video for free — no signup needed.