Every month I talk to different traders in the discord server.
And time and time again, I see people struggling to grow their accounts because they keep telling themselves the same 4 lies.
So today, I want to break them down and show you how to overcome them so you can trade smarter and scale faster.
Lie #1: "The market is too unpredictable"
Anytime a trader gets stuck, inexperienced ones immediately blame the market.
Now, the reason why this belief is so dangerous is that it takes away control from yourself and becomes a cop-out answer.
When usually the real issue is:
You lack a rules-based strategy with an edge.
Your risk management is inconsistent.
You’re overtrading or letting emotions take over.
For example: I used to work with a trader who blamed the "choppy markets" for their losses.
But the real problem was their lack of a clear entry and exit framework.
So I immediately told them: refine your strategy and tighten your trade management.
Any time you feel tempted to blame the market, ask yourself:
Is this really a market problem or a strategy and discipline deficit?
Lie #2: "I can't trade without indicators"
The other day, I spoke with a trader who swore they needed three screens and twenty indicators to succeed.
Why?
They believed trading without indicators wasn’t possible.
The real issue:
They hadn’t learned to trust price action.
They were looking for confirmation from too many sources.
Their charts were cluttered, leading to indecision.
Trading with a clean chart isn't about simplicity for its own sake - it's about clarity.
So I challenged them: trade with only candlesticks and volume for a week.
The result? Their trading decisions became faster and more precise.
Saying you need indicators is like saying you need training wheels forever.
Whenever you find yourself relying too much on them, ask yourself:
What’s the real skill I need to trade confidently without crutches?
Lie #3: "Only I can execute this strategy"
Here’s a harsh truth:
Only losing traders believe this.
Nobody consistently profitable says:
"I can't teach anyone else my strategy."
The real problem is that you don't have a structured system in place.
Luckily, systematizing your approach doesn’t have to be complicated.
Here’s the 3-step framework I use to test and refine strategies:
Develop a rules-based strategy and document it.
Backtest it until you know it works across markets and conditions.
Trust the process - remove your ego from execution.
If you believe your success can’t be duplicated:
Your trading will never scale.
You’ll always feel emotionally attached to every trade.
You’ll miss out on opportunities to automate or outsource.
Lie #4: "I can't cut this losing trade"
I often talk to traders holding onto losing positions far too long.
And when I ask them why, they always respond with this classic excuse:
"I don’t want to realize the loss - it might reverse!"
But what’s really happening is their brain is afraid of accepting short-term pain.
The thing is - moments like these define your trading success.
By holding onto losers, you’re not just hurting your account; you’re reinforcing bad habits.
So, here are a few questions I like asking myself when I’m tempted to hold:
What will happen to my account if I don’t cut this?
Will I have enough margin or capital to seize better opportunities?
Am I sticking to my trading rules or breaking them?
I’ve never seen a successful trader collapse from cutting a loss early.
Sure, it’s painful in the moment - but it’s far more painful to let one bad trade ruin your account.
So, which one of these lies have you been telling yourself?
And more importantly, what’s the real skill you need to work on to overcome it?
P.S.
If you found these insights valuable, imagine what you could learn inside the Trade Mastery 2.0 course + community.
Trade Mastery 2.0 + Trader Brain + Discord AMA (only few spots available)