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Earn Your Leisure

OVERTRADING Is A Guarantee You’ll Stay BROKE

Earn Your Leisure

iHeartPodcasts

Entrepreneurship, Education, News, Business News, Careers, Investing, Business

4.97.9K Ratings

🗓️ 5 April 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

More volatility doesn't mean you should take more trades. Learn why the most successful investors are the ones who have the discipline to do less.

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Transcript

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0:00.0

What's the trading tip of the week?

0:03.5

I was having a great conversation today.

0:07.1

And I know there's a lot of fear in the market, but just because there's more volatility

0:13.3

in the market doesn't mean it's time to take more trades.

0:17.5

Like some of you are having arguments with your business partners, your husbands, boyfriends,

0:22.8

girlfriends, girlfriends, wives before you're trading.

0:25.2

Just because there is a precipitous incline in volatility and information, don't deviate from

0:33.5

your 12 trades per year.

0:35.7

Like if you're trading futures, if you get 12 good trades,

0:38.2

you should hit a thousand to three thousand percent return. Trading has considerable risk.

0:44.0

Please consult your advisor, consult your broker statements, etc. Right. But some of you are

0:49.4

taking one great trade winning and then saying, oh, let me do this three more times to make up for the

0:55.9

misses i had before and now you're giving all your gains away or even worse for your account so

1:01.1

just because we have more volatility it does not mean to take more trades less is more i know

1:08.3

it's a thing you don't want to hear, but for those you who have

1:11.5

taken 30 to 40 trades in the month, did it work for you in your favor? Even though we have in these

1:18.0

issues week to week, we've been 30 days into the war. The people who've made the most money are

1:23.0

the ones who held their trades for the longest. Less is more just because there's more volatility don't

1:29.0

trade more you can do whatever you want but if you lose you deserve to be broke back to you

1:33.8

try to be wrong you definitely deserve to be broke it's interesting because it fits in that that same realm of overtrading I think especially

1:48.1

for us when we talk about long-term trading yeah I always say that the best the best

1:52.3

asset is time absolutely if you're trading options you're buying equities or indexes

...

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