About this episode
If you enjoy these conversations, please follow the podcast and leave a rating on Spotify. It helps us reach more traders and continue bringing you the best guests in the industry.____________________________________Join the Market Journal community for weekly direct market insights for FREE ? https://www.market-journal.comUse Code “RIZ10” for 10% Off or Code “WOR” for 20% off ? https://refer.tradezella.com/rizUse Code "RIZ25" for 25% OFF ALL Challenges ? https://link.alphacapitalgroup.uk/eq7m8XUse Code "RIZ" for 20% OFF ALL Challenges ? https://link.alpha-futures.com/k9V5AzFree Telegram Community! ?? https://t.me/pocketsofrizdom____________________________________SUBSCRIBE NOW, and turn on notifications to never miss a new video, we post new episodes EVERY Monday 3pm GMT / 10am EST with verified traders.____________________________________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".____________________________________ Connect with Words of Rizdom: https://instagram.com/wordsofrizdomhttps://x.com/wordsofrizdom https://www.instagram.com/realriziqbalConnect with our guest:https://www.youtube.com/garyseconomicshttps://www.instagram.com/garyseconomics/https://x.com/garyseconomicsGary's No1 Bestselling Book 'The Trading Game' Is Out Now In Paperback! UK - https://tinyurl.com/thetradinggame-paperbackUS - https://tinyurl.com/thetradinggamepaperback-us___________________________________ Timestamps:00:00:00 Introduction To Gary Stevenson00:13:50 The Truth About Most Trading Advice On The Internet00:18:41 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 Trading00:56:54 Elon Musk and Trading Volatility 01:05:57 Political Power and Economic Inequality01:15:18 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