He Lost $6M on One Trade — The Psychology of Trading | Tarik Chebib

What makes a smart, experienced trader lose $6 million on a single trade?In this episode of Builders, I sit down with Tarik Chebib, CEO of Capital.com, to explore the psychology of trading, and why greed, fear, leverage and loss aversion can destroy even highly experienced traders.We discuss what separates successful traders from people who simply get lucky, why the best traders focus on hundreds of trades rather than one big win, how to manage risk and emotions, and why having a trading plan matters more than trying to predict the market.We also dive into AI and investing, including whether you should trust AI with your money, how AI can help investors find opportunities, and why there may never be a “holy grail” trading system.In this episode:• How a trader went from $1.5M in profit to a $6M loss• Why smart people can become terrible traders• The psychology of greed, fear and loss aversion• Why traders should pre-plan their trades• How leverage can amplify both gains and losses• The difference between trading, investing and gambling• Why revenge trading destroys accounts• What makes a consistently successful trader• The hidden risks of prop firms and trading challenges• Why human psychology is often the weakest link• How AI can help with investment research• Whether AI could eventually trade your money• Why there is no “holy grail” trading strategy• What beginners should learn before they start tradingChapters00:00 — The $6M Trading Loss00:48 — Why Traders Lose Control02:58 — What Successful Traders Do Differently04:27 — How to Control Your Emotions07:47 — Greed, Loss Aversion & Revenge Trading10:44 — Trading vs. Investing vs. Gambling13:17 — When Luck Looks Like Skill16:42 — The Dangers of Leverage18:52 — The $6M Brexit Trade25:00 — How Brokers Make Money27:04 — The Prop Firm Business29:01 — Why Smart People Become Bad Traders38:24 — Trading Is Psychology42:29 — Can AI Beat the Market?48:42 — What Beginners Should LearnIf you enjoy conversations about trading, investing, entrepreneurship, AI, financial markets and human psychology, subscribe to Builders for more conversations with people building and shaping the future.#Trading #TradingPsychology #Investing #StockMarket #AI #Finance #RiskManagement #Entrepreneurship #Builders #TradingStrategy