The Macro Dirt Podcast Two Strong Trader Opinions, A Cornell Lacrosse Championship, and JD's New Book
7 snips
May 29, 2025 This conversation dives into the U.S. credit crisis and bond market fluctuations, emphasizing the need for conviction in trading. The hosts dissect the breakout potential of gold and platinum while also analyzing cryptocurrency trends. Alongside market insights, they celebrate Cornell's victory in the lacrosse championship, illustrating how sports can reflect broader market sentiments. A personal story of emotional recovery is shared, highlighting mental health and its connection to past struggles, along with a new book focused on personal growth.
AI Snips
Chapters
Transcript
Episode notes
Trade Only With Conviction
- Avoid holding positions without conviction to conserve capital.
- Wait for clear signals from the market before committing resources.
The Cost of Casual Positions
- Tony Greer shared a costly experience leaving unwanted palladium on his desk.
- He emphasizes rigorous discipline to avoid unnecessary trading losses.
Patience As A Trading Virtue
- Stocks can perform well under uncertain market conditions.
- It's liberating to sit on the sidelines until a high probability opportunity emerges.