Andrew Aziz on Resilience, Losses, and Staying Grounded in Tough Markets

Andrew Aziz on Resilience, Losses, and Staying Grounded in Tough Markets

Andrew Aziz joins Kim to talk about the mindset behind durable trading success. As the founder of Bear Bull Traders, Andrew brings the perspective of both a trader and an educator, and one of the most useful themes in this conversation is that resilience is not a slogan. It is a practical skill traders need when markets get rough, losses hit, and confidence gets tested.

Andrew is unusually direct about setbacks. He openly talks about how much paper wealth disappeared during a difficult market cycle and why that did not change how he showed up day to day. Instead of resisting the market or taking losses personally, he keeps coming back to the same ideas: respect the force of the market, stay balanced outside trading, and build rules that protect you when conditions stop being easy.

About Andrew Aziz

Andrew Aziz is a trader, author, and the founder of Bear Bull Traders. Before trading full time, he worked in research and engineering, later redirecting that same discipline into the markets. He is also known for writing practical books for traders and for building a community focused on process, accountability, and consistent improvement.

Key insights from this episode

• Resilience matters more than comfort. Andrew points out that traders need to become resilient about losses, difficult cycles, and the reality that the market does not care about individual hopes or opinions.
• Good traders talk honestly about losses. Andrew’s openness about large drawdowns makes the bigger point that pretending losses do not happen only makes traders weaker and more isolated.
• The market is a powerful force. Trying to fight it with ego or denial is costly; yielding to reality and adapting is the healthier and more profitable response.
• Community can strengthen resilience when it is built well. The right trading environment helps traders stay accountable, keep perspective, and avoid spiraling when conditions get hard.
• Balance away from the screen matters. Andrew’s relationship with the outdoors, climbing, and life outside markets supports the steadiness he brings back into trading decisions.

Episode chapters

1:02 – Introduction to Andrew Aziz

4:10 – Lessons from breathing at 20,000 feet

5:50 – What do traders need to be most resilient about?

8:26 – Andrew’s tips for increasing resilience

11:30 – So few traders honestly speak about losses. Why is Andrew so open to talking about it?

15:16 – The powerful force that is the market

18:22 – Why Andrew’s books resonate with traders

22:46 – The ‘air traffic control’ mindset + trading

26:07 – Over to Twitter Spaces + reintroduce Andrew

29:14 – How + why did Andrew start Bear Bull Traders?

31:20 – The role of resilience in community

34:30 – The impact of Andrew’s trading community on his personal trading

37:49 – Navigating the tough 2022 market

39:42 – Nature and its healing effects on the soul (and trading)

43:06 – How Andrew maintains balance in his life

47:43 – Trading success as a double-edged sword

50:30 – How to find a great trading teacher

54:02 – Tips for traders in the current market

56:24 – Andrew’s lessons from FTX

59:50 – Emotional intelligence in trading

1:04:00 – Blame in trading and life, lessons learned, and final words

1:07:00 – Upcoming Bear Bull Traders live trading event

Follow Andrew Aziz

Bear Bull Traders
Andrew on Twitter / X
Andrew on Instagram
Andrew on LinkedIn
Andrew’s books on Amazon