Trading Psychology: Why Most Traders Fail at Withdrawals
After a seven-month hiatus, The Forged Trader Podcast is back. In this highly anticipated return, host Gates Adams shares a raw and honest update on his trading journey, including the psychology behind scaling prop firm accounts, handling payout requests, and managing risk. With over 13 months of dedicated trading, Gates reflects on the biggest mindset shifts, key mistakes, and lessons learned from pushing toward his first major payout.
In this episode, he opens up about:
• The importance of risk management and how a single trade nearly cost him his payout request.
• How trading psychology plays a bigger role than strategy when scaling multiple funded accounts.
• Why rushing to a payout creates unnecessary pressure and how patience leads to long-term success.
• The power of coaching and mentorship in becoming a consistent, profitable trader.
• A new podcast format with deep-dive trader interviews, real-time market discussions, and high-value insights.
This episode isn’t just about one trader’s journey—it’s a roadmap for anyone serious about trading professionally. If you’ve ever struggled with payout delays, risk management, or the mental game of trading, this one is for you.
Want a personalized breakdown of your trading strategy? Click the link in the description to fill out the short trader questionnaire, and Gates will personally send you a video with insights on how to refine your trading approach! 🚀
“You don’t ‘arrive’ in trading. It’s a never-ending journey of growth and discipline.” - Gates Adams
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RISK DISCLOSURE:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLOSURE:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses is material points, which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect trading results.
