Market Report: SUCCESS IN THE STOCK MARKET
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 22 May 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Market Report Ian discusses investment strategy ideas that can lead to success in any market condition.
Link to Full Episode: https://youtu.be/zhyDN_VqYFk
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Transcript
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| 0:00.0 | Last week, US employers added 266,000 to payroll when 1 million were expected. |
| 0:08.4 | And it was one of the worst job reports in 23 years. |
| 0:12.9 | Now, this is an interesting part with all that bad economic data. |
| 0:17.3 | We're seeing now the city is launching a crypto service. |
| 0:21.2 | Did you guys see this? |
| 0:21.9 | Put the S and Chattano if you did and know if you didn't. |
| 0:25.6 | And the big boys, the big cajonas, kudos to Mike, who was on a show a couple. |
| 0:29.8 | A week ago, one of the legacy traders there. |
| 0:36.6 | Quiz for you really quick. |
| 0:38.1 | Who are the top 10 traders to come out of Goldman? |
| 0:42.3 | Goldman is kind of like the Harvard for investors. |
| 0:45.4 | One of them runs a fund called Appalooza. |
| 0:51.0 | But tell me the top 10 traders there that came out of Goldman. |
| 0:54.1 | But they are now launching a crypto desk and they're really starting the cryptocurrency. |
| 0:59.3 | Trading era. |
| 1:00.7 | And here's what makes this really interesting. |
| 1:03.5 | I want you to go to Google real quick and tell me what is the win rate of Goldman |
| 1:09.0 | Saks's trading desk. |
| 1:10.8 | So for those of you who say, I want to trade, I want to speculate. |
| 1:14.0 | I want to put money into the market without a strategy without any conviction, |
| 1:17.7 | without any competitive advantage or edge. |
| 1:21.6 | Look what you're facing and look what you're up against. |
... |
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