What if the trade that finally changed everything... was the one you almost didn’t take? In this episode, Gates Adams sits down with his coach-turned-friend Kevin to unpack the messy, emotional, and ultimately redemptive journey from blowing accounts to requesting his first $50K payout, all in under five months.
After a long hiatus, Gates returns to the mic with a story too powerful not to share, his own. In this episode of The Forged Trader, Gates opens up about hitting rock bottom, walking away from trading, and what made him come back. Spoiler alert: it all started with a desperate call to Kevin.
Kevin, host of Futures Fever on Benzinga and veteran trader with the Bullish Bears community, joins to share his side of the journey, how he went from learning during a medical leave to becoming a trusted trading coach and educator. Together, Gates and Kevin explore the dark emotional rollercoaster that is the trader’s life and the mindset shifts that finally led to consistent wins.
Takeaways:
You’re not alone: Every trader struggles with bad habits, emotional decisions, and self-doubt.
Bad behavior can be profitable, but it will cost you eventually.
Mentorship matters: The right coach can collapse time and accelerate learning.
Add don’t replace: Once you find something that works, build on it instead of chasing new shiny strategies.
You don’t need a finance degree to succeed, just discipline, structure, and self-awareness.
“Being rewarded for bad behavior is one of the worst types of reinforcement you can get as a trader.”
If this episode hit home, don’t keep it to yourself. Share it with a fellow trader, subscribe to The Forged Trader, and take 5 minutes to journal the one mindset shift you know you need to make. You’ll thank yourself later.
Connect with 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.
In a first-ever in-person episode of The Forged Trader Podcast, Gates Adams sits down with full-time trader Amish for a raw, honest conversation about the emotional highs, brutal lows, and real lessons behind building trading consistency. After connecting virtually on the Trader Bacon Show, Gates and Amish reunite; this time face-to-face; for a deep dive into the mindset, habits, and breakthroughs that separate dreamers from doers in prop trading.
They explore the toll of five-figure losses, the addiction-like pull of revenge trading, and the shift from chasing profits to mastering process. Amish shares how journaling, subconscious programming, and aligning with ICT strategies helped him move from early blowups to multiple-account payouts. Gates opens up about his 27-year trading journey and how success has reshaped his identity, business approach, and daily discipline.
Whether you're new to prop firms or navigating your next evolution, this episode offers real talk, real tools, and a refreshing reminder: you don’t need to be perfect; you need to be persistent.
Key Takeaways:
Success starts with emotional mastery
Process over profit; every time
Strategy must match your psychology
Trading exposes your inner world
Journaling can rewire behavior
“Winning is not profit. Winning is process. Profit is the result of process.” – Gates Adams
Connect with Gates Adams:
In this inspiring episode of The Forged Trader Podcast, host Gates Adams sits down with AB Perez, a Puerto Rican trader who transformed his life from a decade in prison to building a thriving trading career and mentorship community. AB shares his remarkable journey of self-discovery, sparked by a commitment to personal growth during his incarceration, which led him to dive into cryptocurrency and trading in 2019. With raw honesty, he discusses overcoming the challenges of a criminal record, adapting to a new technological landscape, and finding his edge in trading forex and futures. AB’s story is a testament to resilience, discipline, and the power of aligning personal values with professional ambition, offering a blueprint for traders at any stage.
AB also opens up about his mentorship program, one of the largest trading communities in Puerto Rico, where he guides students to master market cycles, emotional discipline, and technical skills. From his “do or die” mindset to his bilingual content expansion, AB provides actionable insights on avoiding impulsivity, building confidence through journaling, and learning from others’ mistakes. This episode is packed with wisdom for traders seeking to balance technical expertise with psychological strength, making it a must-listen for anyone looking to forge their own path to success in the markets.
Key Takeaways
Discipline Over Impulsivity: Overcoming impulsive trading decisions by sticking to a plan is crucial for long-term success.
Learn from Cycles: Understanding market cycles and avoiding herd mentality can uncover unique trading opportunities.
Build a Community: Surrounding yourself with mentors and a supportive trading community accelerates growth and accountability.
Step-by-Step Process: Master technical skills through paper trading and simulators before tackling real-market emotions.
Self-Respect in Trading: Following your trading plan is an act of self-respect, reinforcing discipline and confidence.
"Every time that you fail to do something that you say you’re going to do, you’re disrespecting yourself." – AB Perez
Connect with 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.
Join us for this week’s episode of the Forged Trader Podcast as we dive into the world of prop trading with a seasoned trader who has navigated the highs and lows of managing 20 proprietary accounts. With nearly 30 years of trading experience, our guest shares the pivotal moments that led to their success, including a transformative year working with mentors to master price action and market fundamentals. From securing $32,000 in payouts across nine accounts to the humbling setback of blowing 15 accounts in a single day, this episode offers an unfiltered look at the discipline, resilience, and transparency required to thrive in trading.
Through candid reflections, the trader reveals how public accountability via social media has shaped their journey, helping them avoid costly mistakes while fostering growth. Listeners will hear practical strategies, like using trade copiers to scale evaluations and maintaining a calculated risk approach, alongside personal anecdotes about rewarding milestones with life-changing decisions, such as funding a hair transplant through trading profits. Packed with actionable insights and raw honesty, this episode is a must-listen for traders seeking to balance ambition with discipline in the pursuit of financial freedom.
Key Takeaways:
Mentorship Accelerates Growth: Working with experienced coaches provided a solid foundation in price action, enabling the trader to achieve their first payout after 13 months.
Transparency Drives Discipline: Sharing daily trading recaps on social media fosters accountability, reducing the frequency of impulsive mistakes.
Calculated Risks Can Pay Off: Aggressive evaluation strategies, backed by payout funds, enabled rapid account scaling, though caution is needed to avoid overtrading.
Embrace Mistakes for Growth: Acknowledging personal responsibility for losses, like blowing 15 accounts, is crucial for identifying and correcting trading flaws.
"If it's not my fault, I can't fix it. But if it is my fault, then I have control, and I can do something about it."
Connect with 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.
In this episode of The Forged Trader Podcast, host Gates Adams reconnects with his friend and fellow trader Hamza, a world-traveling, futures-trading powerhouse with a knack for keeping it real. After a brief hiatus, Gates is back, diving into Hamza’s incredible journey—from his Berber origins in Morocco’s desert to living in Italy, the UK, France, Luxembourg, and visiting 11 countries across four continents in the past year. Hamza shares how trading fuels his nomadic lifestyle, enabled by tools like Starlink and a portable monitor, allowing him to trade from anywhere with an internet connection.
From turning $1,000 into $10,000 on Tesla during the COVID boom (and learning hard lessons when the market shifted) to finding a mentor who transformed his approach with mechanical trading, Hamza’s story is packed with insights. He and Gates discuss the pitfalls of chasing “Lambo” promises on YouTube, the power of community in overcoming trading’s loneliness, and why a part-time job can be a game-changer for new traders. Whether you’re dreaming of trading from a beach in Thailand or just want to stay consistent, this episode is a must-listen for traders seeking both profits and purpose.
Key Takeaways
Embrace the Journey: Hamza’s five-year trading path shows that persistence, not overnight wins, builds success.
Mentors Matter: A mentor (even a free one!) helped Hamza shift to mechanical trading, cutting through emotional traps.
Community Counts: Trading is lonely—find a group to share wins, losses, and lessons to accelerate growth.
Lifestyle Freedom: Trading and tools like Starlink enable a nomadic life, with costs as low as $50/day in some countries.
Stay Grounded: Avoid YouTube hype; traders showing red days are more trustworthy than those flaunting wealth.
“Find people who know the trading struggle; they’ll support you because they’ve been through it. That’s when you know you’re not alone.”
Connect with 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.
In this episode of The Forge Trader Podcast, host Gates Adams shares a look at his trading journey, blending personal triumphs with hard-learned lessons. Fresh from a travel-related break, Gates dives into his recent milestones, including a $32,000 payout across nine accounts, and the emotional rollercoaster of blowing those accounts due to overconfidence. He opens up about overcoming the psychological weight of a million-dollar loss from 27 years ago, revealing how this experience shaped his identity and fueled his determination to succeed. Gates also hints at an exciting future, announcing plans to travel the country in an RV while continuing to trade and produce content, all in pursuit of finding a forever home.
This episode is both inspiring and grounding, as Gates reflects on the mindset shifts that have propelled him forward, from embracing discipline through programs like 75 Hard to redefining himself through coaching and personal development. His candid discussion of financial struggles, resilience, and the question, "Who must I become?" resonates with traders and anyone striving to break through personal barriers. With raw honesty and practical wisdom, Gates offers a roadmap for transforming setbacks into stepping stones for success.
Key Takeaways:
Mental resilience is key to overcoming past financial setbacks.
Consistency and transparency drive trading success.
Asking "Who must I become?" unlocks personal growth.
Structured discipline, like 75 Hard, builds resilience.
Adaptability supports trading while pursuing life goals.
"The person that you are today has achieved everything that that person can achieve. If it wasn't, you would have achieved more. This is a hard truth, but if you don't embrace it, you're never going to get any further than you are now." - Gates Adams
Connect with 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.
In this solo episode of The Forged Trader Podcast, host Gates Adams steps away from the usual interviews to reflect on a pivotal chapter in his trading journey. After successfully earning just under $32,000 in payouts across multiple accounts, Gates opens up about the psychological trap of overconfidence, the consequences of being rewarded for bad behavior, and the emotional crash that came from giving it all back in a single day.
But this episode isn’t just about loss. It’s about recovery, identity, and the inner work that every trader must do to forge long-term success. Gates dives into how his subconscious programming sabotaged his growth, the dangerous comfort of performance-based identity, and the healing power of journaling, not for trades, but for self-awareness.
This episode is a must-listen for any trader who's ever questioned themselves after a loss or struggled to bounce back. Gates reveals how he’s resetting his approach, rebuilding from the ground up with smaller accounts, and using his setback as a setup for long-term mastery.
Key takeaways include:
Why journaling your emotions, not just your trades, is essential for growth
How false confidence disguises deeper patterns of self-sabotage
The difference between reacting and responding when you're in emotional territory
How to reframe failure and build a resilient trading identity
“I had to change my subconscious perception of who and what I am and what I’m capable of.” — Gates Adams
If you’ve ever wondered if you’re the only one fighting mental battles behind the charts, this episode will remind you—you’re not. You’re being forged.
Connect with 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.
In this solo episode of The Forged Trader Podcast, host Gates Adams steps away from the usual interviews to reflect on a pivotal chapter in his trading journey. After successfully earning just under $32,000 in payouts across multiple accounts, Gates opens up about the psychological trap of overconfidence, the consequences of being rewarded for bad behavior, and the emotional crash that came from giving it all back in a single day.
But this episode isn’t just about loss. It’s about recovery, identity, and the inner work that every trader must do to forge long-term success. Gates dives into how his subconscious programming sabotaged his growth, the dangerous comfort of performance-based identity, and the healing power of journaling, not for trades, but for self-awareness.
This episode is a must-listen for any trader who's ever questioned themselves after a loss or struggled to bounce back. Gates reveals how he’s resetting his approach, rebuilding from the ground up with smaller accounts, and using his setback as a setup for long-term mastery.
Key takeaways include:
Why journaling your emotions, not just your trades, is essential for growth
How false confidence disguises deeper patterns of self-sabotage
The difference between reacting and responding when you're in emotional territory
How to reframe failure and build a resilient trading identity
“I had to change my subconscious perception of who and what I am and what I’m capable of.” — Gates Adams
If you’ve ever wondered if you’re the only one fighting mental battles behind the charts, this episode will remind you—you’re not. You’re being forged.
Connect with 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.
Most traders want quick profits—but few are prepared for the real battle: mastering their mindset. In this episode, Gates Adams sits down with Jake Simmons (aka Stoic Jake), who shares his raw journey from blowing accounts and emotional meltdowns to developing the discipline that finally brought him success.
Jake breaks down how two years of losses nearly pushed him out of trading, and how a chance conversation—and a commitment to real strategy—flipped the script. From developing his ADX-based system to streaming live trades for accountability, Jake reveals the mindset shifts that helped him achieve consistency and his first funded payouts.
Key Takeaways:
Without a proven strategy, trading is just gambling.
Discipline, not desire, is what turns traders around.
Community and accountability speed up growth.
Ready to sharpen your edge? Subscribe and follow Gates and Jake for more real-talk trading wisdom.
“Success came when I finally got tired of my own BS—and started applying what I’d learned.” – Jake Simmons
Connect with 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.
In this episode of the Forged Trader Podcast, Gates Adams sits down with his friend and successful trader, Taylor; also known online as "Mr. Wilson." Taylor opens up about his remarkable journey from running an automotive business and firefighting to navigating the highs and brutal lows of trading. Together, Gates and Taylor explore what it really takes to move from gambling mindsets to building long-term trading consistency. They discuss the importance of community, the dangers of scaling too fast, and the psychological shifts that happen when real money is on the line. Taylor shares the hard-earned lessons that reshaped his approach to risk, discipline, and personal growth, offering listeners both cautionary tales and hope for a sustainable trading future. If you’ve ever battled doubt, loss, or overconfidence in your trading journey, this conversation will feel like pulling up a chair with people who truly get it.
In this episode, you'll hear:
How Taylor went from a $15,000 gamble to a $180,000 win—and what happened next
Why trading harder doesn’t always mean trading smarter
The critical role community plays in emotional resilience
How scaling improperly can destroy months of progress
Insights on balancing ambition, discipline, and self-awareness for long-term success
"Luck can put money in your account — discipline is what keeps it there."
Connect with 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.
In this episode of the Forged Trader Podcast, Gates Adams sits back down with Steve Login from Precision Trading Co. to re-record a conversation once lost.
Steve shares his origin story; from climbing the ranks in insurance to discovering the brutal beauty of trading during the 2016 crypto boom. Together, Gates and Steve explore the journey behind trading success: the emotional roller coasters, the identity crises, the days that crush your ego, and the ones that reaffirm your purpose.
This episode explores:
Why trading is the greatest mirror you’ll ever face
How losses reveal more about you than wins ever will
What it means to become the person your trading goals demand
The hidden danger of chasing a number instead of building a process
How daily habits, journaling, and pre-trade mindset rituals create long-term success
Why growth in life reflects directly in growth on the charts
“You can’t change your identity by willpower. You change it through process.”
Connect with 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.
Welcome back to the Forged Trader Podcast, where successful traders aren’t born—they’re forged! In this episode, host Gates Adams reconnects with longtime friend and fellow trader Jim McGee for an honest and insightful conversation about growth, discipline, and the lifelong journey of trading.
Jim shares his inspiring transformation from working a low-level guitar repair job to launching his own business—all while quietly grinding away at the charts and mastering a unique trading system he’s been refining for over five years. From becoming a dad to passing multiple prop firm evaluations, Jim opens up about the personal and professional shifts that helped him find consistency in an industry where most give up.
Key Highlights:
How becoming a father shifted Jim’s mindset and strengthened his discipline
Lessons learned from blowing up a personal account—and how it changed his routine forever
Why journaling and folder systems (good vs. bad trades) became game-changers for his growth
The emotional tug-of-war between discipline and dopamine—and how to flip it
The hard truth about trading: it reflects your flaws and forces your growth
Finding a groove: using simplicity, faith, and higher timeframes to make clean entries
Plus, Jim’s vision to blend music and storytelling in a future podcast project!
Whether you're still finding your way as a trader or looking for fresh ways to stay sharp and grounded, this episode is a lesson in resilience, self-awareness, and steady transformation.
This isn’t just about trading—it’s about the kind of person you become in the process.
“Trading has the greatest opportunity of anything you could possibly be doing… even though the trade-off is that it’s so hard.”
Connect with 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.
In this episode of The Forge Trader Podcast, host Gates Adams reconnects with YouTuber and veteran trader Jesse W for an honest, hilarious, and heart-hitting conversation on trading, crypto, burnout, lifestyle design, and how to actually enjoy the fruit of your trading grind.
Jesse shares his full-circle story—from trading OTC penny stocks as a teenager on Scottrade (yes, that’s aging us all), to crushing futures and growing a loyal YouTube following with “Trade with Jesse W.” But this isn’t just about setups and signals. It’s about the real emotional ride of being a trader, the trap of overworking even after hitting success, and the hard lesson Jesse learned after crashing into burnout recently despite doing better than ever financially.
They unpack:
Jesse’s first $1K gain… and the crash-and-burn that followed
Crypto nostalgia, the OG days of Bitcoin, and why LCX is Gates’ wild card
Why traders struggle to “enjoy the ride” even after they’ve made it
Burnout, anxiety, and the pressure to always produce more
The power of setting lifestyle rules—just like trading rules
Why Jesse unplugs by 11am, plays Apex Legends, and goes fishing in the Keys
Gates' plan to RV across the country and finally breathe after 20 years of nonstop hustle
Whether you're a full-time trader, an aspiring prop account warrior, or someone grinding toward freedom, this episode reminds you why you started. It’s a raw conversation on money, mental health, freedom, and how to not let the charts steal your life.
"I used to burn the candle at both ends, and guess what? My income didn’t change when I stopped."
Connect with Gates Adams:
In this episode of The Forged Trader Podcast, host Gates Adams sits down with Court Currency, a former top-35 ranked professional boxer turned full-time trader. Court’s journey from fighting in Madison Square Garden to fighting emotional battles in the markets is a powerful testament to the discipline, mindset, and commitment required to succeed in trading—and in life.
Listeners will get an inside look at Court’s early struggles in the Wild West of binary options, his transition into Forex, and ultimately finding consistency through funded accounts with Apex Trader Funding. He shares how years of boxing gave him the mental edge he needed to build discipline, how journaling transformed his results, and why his turning point came after over five years of trial, error, and hustle.
In this episode, you’ll learn:
• Why discipline in life translates into discipline in trading
• How journaling and review systems helped Court shift from random results to reliable profits
• The emotional challenges of trading and how to manage them with strategy and structure
• Why Court believes trading funded accounts is the best place to start
• How he developed his “Price Wave Theory” rooted in ICT-style concepts like liquidity and market structure
• What it takes to go from funded evaluations to consistent payouts
• The long-term vision: from building wealth for his sons to managing live capital with confidence
• Why building an empire starts with one consistent trade at a time
This isn’t just another trader interview—it’s a masterclass in resilience, self-mastery, and the power of knowing your “why.” If you’re feeling stuck in your trading journey or questioning whether consistency is even possible, this episode will reignite your belief.
Ready to start your own funded journey? Head to ApexTraderFunding.com and use coupon code FORGED for the best available discount. Court and countless others have proven—it’s not about how you start; it’s about how you finish.
“The less you do, the more you get out of trading—it’s not about doing more, it’s about doing what works.”
Connect with 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.
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.
“You don’t ‘arrive’ in trading. It’s a never-ending journey of growth and discipline.” - Gates Adams
Connect with 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.
In today's episode of The Forged Trader Podcast, host Gates Adams dives into the emotional and unpredictable journey of trading, questioning why traders persist despite the challenges. Drawing from his personal experience as a former business owner, Gates reflects on the hardships of relying on others, highlighted by his struggle during the COVID-19 pandemic when he faced business closures due to a manufacturer's deceit. He parallels this to trading, emphasizing the autonomy it offers—no need for office space, employees, or supply chains—making it a path to self-reliance. Gates shares his recent setbacks, including blowing all his accounts in a single session, and the psychological toll it took. However, he highlights the importance of personal growth, discipline, and confidence in trading, underscoring his commitment to becoming self-reliant. Gates recounts his journey of studying, hiring a coach, and improving his health, spiritual life, and relationships, all contributing to his trading success. He also discusses the necessity of backtesting and forward testing strategies to build confidence and maintain consistency.
"There's absolutely no certainty whatsoever in the world of trading."
What you will learn:
Trading and Self-Reliance
Building Confidence and Skills
Trading Strategies and Testing
Future Goals and Self-Reliance
Connect with 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.
In the latest episode of the Next Level Freedom podcast, host Gates Adams welcomes Coach Bob Turner from Summit Coaching and Consulting. Bob, an accomplished endurance athlete and a recent coaching certification graduate under Ben Newman, shares his insights on mindset and mental toughness derived from over two decades in business and his Iron Man marathon experiences. Bob discusses the significance of knowing when to take breaks, the wisdom of resilience, and the importance of maintaining balance amidst life's challenges. He highlights his own journey, emphasizing the value of surrounding oneself with supportive, goal-oriented individuals. As a coach, Bob is passionate about helping men find their edge in both business and personal life, drawing on his extensive experience and recent training. Gates and Bob dive into the five pillars of masculinity—faith, finances, fitness, family, and fun—underscoring the necessity of hard work, resilience, and continuous personal growth. The episode is a compelling blend of personal anecdotes, practical advice, and inspirational dialogue, aimed at motivating listeners to push through their challenges and reach their next level of freedom.
"When you face adversity, ask yourself, 'How can I move the needle today?' Every small step counts." - Bob Turner
Key Takeaways:
Importance of stepping away when necessary
Taking breaks to promote creativity and healing
Practical Advice and Personal Development
Understanding the value of personal growth and self-improvement
Learn more about Bob Turner through the following links:
Connect with 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.
In the latest episode of the Forged Trader Podcast, Gates Adams kicks off Season Two with a passionate recap of his trading journey and newfound commitments. Returning from overseas trips, Gates reflects on how his casual trading side hustle transformed into an all-encompassing pursuit. Despite facing setbacks, such as recently blowing up his funded accounts, his progress is undeniable—having passed funding evaluations five times since last season. Gates emphasizes the importance of investing in oneself, sharing how his growth over the past five months has eclipsed the previous 25 years. He candidly discusses the harsh realities and emotional challenges of trading, underscoring the necessity of perseverance and continuous improvement. Gates's mission for Season Two is clear: relentlessly pursuing payouts and overcoming obstacles. He encourages listeners to honestly assess their trading struggles and focus on the true roadblocks to success. With valuable insights and resources promised for the season, Gates aims to guide traders through the highs and lows, ensuring they stay committed to their trading goals. Tune in for an inspiring and educational journey with Gates Adams on the Forged Trader Podcast.
"The growth I've experienced in the last five months has been insane, 10 times what I achieved in the 25 years before that."
What you will learn:
Recognizing the inevitable setbacks that come with trading
Dealing with Setbacks
The Importance of Time and Investment
Starting Fresh with Renewed Determination
Connect with 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.
Welcome back to The Forged Trader Podcast, where successful traders aren't born, they're forged. I'm your host, Gates Adams, and today, I want to ask you a question: do you want to be right, or do you want to be rich? In this episode, we'll dive into the profound insights of Mark Douglas, the godfather of trading psychology, author of "The Disciplined Trader" and "Trading in the Zone." I'll share a personal epiphany from last week that hit home hard: the importance of sticking to your trading rules. Despite faithfully following an almost arbitrary entry system and witnessing its potential profitability, I fell victim to emotional trading, leading to significant losses. This episode highlights the critical distinction between analysis and execution, emphasizing that a sound strategy requires unwavering discipline. I'll discuss how assigning right or wrong to trades can erode confidence and lead to impulsive decisions. Trading success hinges on consistent rule-following, even when facing losses. Stay tuned as we explore how to maintain emotional control, practice disciplined trading, and prepare for the next season of The Forged Trader Podcast. Thank you for your support, and I'll see you in August for new episodes, interviews, and live trading insights.
"Without a system, trading is like flipping a coin."
What you will learn:
Looking at the markets differently
Explanation of the win rate and risk-reward ratio (2x RR)
The emotional impact and learning from mistakes
The danger of labeling trades as "right" or "wrong"
Connect with 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.
Welcome to the Forged Trader Podcast, where successful traders aren't born—they are forged. I'm Gates Adams, your host, and today's episode dives into developing trade confidence, a critical component in executing trades consistently. We'll explore various methods to build this confidence, including extensive chart analysis and backtesting strategies. I'll share my journey of enhancing my trading strategy while maintaining its foundational principles, and how I got drawn into testing a simple mechanical strategy boasting a 77% win rate. This exercise underscored the importance of discipline over complexity, revealing that even a basic strategy, if executed with consistency, can be profitable. By focusing on disciplined execution rather than constantly seeking new strategies, traders can see marked improvements in their results. Follow my daily trade recaps and updates across social media @TheForgedTrader. Join me next time as we continue to forge success together. Keep it green, stay disciplined, and tune in to the next episode of The Forged Trader Podcast.
"Stop looking for new strategy information and start working on developing discipline."
What you will learn:
Developing Confidence
Strategy Enhancement
Backtesting Challenges
Exploring a New Strategy
Connect with 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.
