Trading Nut

333. Trading Nut

The Psychopath Trait w/ Neil Solomon

Neil Solomon
35 mins

In this episode of Trading Nut, host Cam Hawkins sits down with Neil Solomon — mechanical-engineer-turned-entrepreneur, author of The 1% Door, and mindset expert — to unpack the psychological patterns that quietly sabotage traders long before a single bad trade shows up on the chart.

Neil shares the personal story behind his own collapse — scaling a company to 300 employees and 12 operating locations, only to lose it just as fast — and breaks down why “whatever got you to where you are will not get you to the next level.” From there, the conversation goes deep into the mechanics of trading psychology: why humans are wired to fear loss far more than they value a win, what professional poker players can teach traders about controlling their “tell,” and why peer accountability groups often outperform mentors when it comes to actually changing behavior.

They also cover the hidden downside of chasing prop firm payouts, why detaching your identity from your P&L is essential for long-term consistency, and the real (uncomfortable) work required to get from where you are now to the next level of your trading career.

Podcast Interview

Listen to the audio

Neil Solomon

0:00—:—

Key Lessons

  • [02:38] "Life's going to give you a whole bunch of good stuff and a whole bunch of bad stuff. If you try anything, you have to just keep getting up every time you get knocked down. Learn what it taught you so that the ne
  • [04:11] "You have to teach yourself all of these rules that don't work anymore."
  • [05:12] "One day when you're not trading… sit quiet and start thinking about the mistakes that you made. Why did you do it?"
  • [06:27] "You have to replace them with the good ones… those are the rules that now need to run through your brain every day."
  • [08:29] "The more you can get your system to be automated and not need you, the more free you will be in your life."
  • [13:08] "You've already cashed the check in your mind. It's not yours because you didn't trade it. Until you trade it, the money is not yours."
  • [13:48] "Humans… don't judge gain and loss the same way. It's always about the loss."
  • [14:58] "Watch a professional poker player… if you want the skill, find the person who's mastered it."
  • [21:10] "You are always the limit of your success. Period."
  • [24:17] "The peer group keeps you honest. It makes it so you can't lie to yourself."
  • [25:31] "You need somebody outside your circle to tell you about things you could never see."
  • [29:31] "This is about strategy. This is about human control. This is about being better than you were."

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