The Psychology of Trading and Gambling

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On this episode of the Words of Rizdom podcast we are joined Gary Stevenson also known on Youtube as Gary Economics. A poor childhood to a top Citi Bank trader he's regarded as one of the best traders in the world with a lifetime P&L of over $60 Million. His alternative and sometimes controversial views on society, politics and the economy has generated him a huge audience after he sat down with Business Insider & LadBible for interviews that amassed millions of views. In this podcast we discuss his his views on crypto, the state of the economy and how to protect yourself financially in the future and also a secret trading strategy that from Gary's words has a "99% success rate".

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Connect with our guest:

https://www.youtube.com/garyseconomics

https://www.instagram.com/garyseconomics/

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Gary's No1 Bestselling Book 'The Trading Game' Is Out Now In Paperback!

UK - https://tinyurl.com/thetradinggame-paperback

US - https://tinyurl.com/thetradinggamepaperback-us

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Timestamps:

00:00:00 Introduction To Gary Stevenson

00:13:50 The Truth About Most Trading Advice On The Internet

00:18:41 The Illusion of Probability in Gambling

00:28:21 The Intense World of Professional Traders

00:38:06 Betting on Economic Weakness

00:49:36 Risk Management In Trading

00:56:54 Elon Musk and Trading Volatility

01:05:57 Political Power and Economic Inequality

01:15:18 The Power Dynamics: Wealth vs. Numbers

01:24:12 The Rise in Inequality and Living Standards Decline

01:33:13 Universal Basic Services vs. Basic Income Debate

01:42:20 The Experience of Writing A Bestseller

01:51:23 Episode Conclusion and Farewell

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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only. We are not personally affiliated with any of the guests featured in our episodes. Our role is solely to interview them and share their insights, experiences, and expertise. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom. Always carry out your own research and seek professional advice before making decisions based on the content shared.

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