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Quoth the Raven

Quoth the Raven #166 - Sang Lucci & QTR: Destroying Your Trading Account And Going Broke

Quoth the Raven

Quoth the Raven

Business, Comedy, Business:investing, Investing

4.5979 Ratings

🗓️ 2 January 2020

⏱️ 112 minutes

🧾️ Download transcript

Summary

I had an idea a couple weeks ago to make a podcast for people who have just blown up their accounts or those who have done it in the past and know how bad it sucks. I knew Lucci would be the right guy to talk to about it. In this podcast, we discuss our experiences and what we've learned from them.    The QTR Podcast is a completely, 100% listener supported podcast that is always going to be free. The podcast is full time work, if you enjoy the content, please support the QTR Podcast in any, or all of the following ways: Please make a small recurring donation, which is gratefully accepted at: https://www.patreon.com/QTRResearch Join QTR's GoFundMe effort to stop social media censorship and turn the QTR podcast into a daily M-F show: https://www.gofundme.com/f/qtrpodcast One time donations can also be sent via:Bitcoin: 3G25NvNbGZsaDfoxTBzRFticKa4LDUeBpkVenmo: @chrisinphiladelphiaPaypal: [email protected] THANK YOU TO ALL OF MY KIND PATRONS   Please show love to those who support the QTR Podcast.    Biggest Patron Donors    The Trader's Path - no BS trading service - Twitter: @PLHStock RumorHound.ai - free 14 day trial - Twitter: @RumorHound Sang Lucci Trading - the 3LT playbook - also, the SL Master Course  Corvus Gold - http://www.corvusgold.com monero Investors Underground - day trading community - Twitter: @investorslive  Chris Boas  Ken R  Chris Bede - Twitter: @cbede  Nicholas Parks Matthew Zimmer J Mintzmyer - Twitter: @mintzmyer Russ Valenti - Twitter: @russellvalenti  Creighton Titus Longest Running Supporters   Max Mulvihill - Since 2/2018  Kyle Thomas - Since 4/2018  Chris Bede - Since 5/2018  Dariusz Kordonski - Since 5/2018  Chris Gerrard - Since 5/2018    All podcast content is subject to this disclaimer.    Chris is not an investment adviser. Listeners should always speak to their personal financial advisers.     You can join my e-mail list here and QTR merch is also now available here.

Transcript

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0:00.0

Oh, the stock markets at all time highs. Everybody should be celebrating. Welcome to the new year. Folks, I hope this is the year that we have 12 straight months of famine, plague, pestilence, and recession. Although, so far we got one day in the book and it doesn't look like we're going that way. By the way, also, hello, and I wish you well, and I wish you all a happy new year.

0:22.6

Hopefully, if you're bearish on everything, the entire world and the economy like I am,

0:27.5

a terrible year would lead to outsized gains for you. If you're a Keynesian and you're listening

0:32.6

to this and you're just long the stock market, I'm sorry, but I hope everything goes horribly

0:37.1

wrong for you, and I mean that in the nicest way possible. By'm sorry, but I hope everything goes horribly wrong for you.

0:38.0

And I mean that in the nicest way possible. By the way, this is the QTR podcast. Today is January

0:43.0

2nd, 2020. First podcast of the decade, motherfuckers. We come in to 2020 with 2.1 million listens.

0:51.4

We've amassed them in just like 17, 18, 19, 20 months, which is pretty

0:58.6

dope. And I appreciate you guys very much. The people that support this podcast, my patrons,

1:03.9

are people that make a monthly recurring donation to help support me, keep the podcast up and

1:09.2

running, and also to support my bourgeoisie lifestyle.

1:13.6

You know, caviar, super yachts, things of that style.

1:17.3

Actually, folks, just trying to buy a couple bottles of cheap brandy every week and make the rent.

1:22.2

All right, that's about it.

1:23.7

So I do appreciate your donations.

1:26.0

Thank you very much.

1:27.0

Let's shout out some of my patrons. Then we're

1:28.7

going to get started with today's podcast. First and foremost, my friends, over at the traderspath.com,

1:35.0

I have been talking to Pete from the trader's path for about eight months now since he's been a patron

1:39.8

supporter of the podcast. And he is making big strides over there. Pete basically started his own

1:45.9

investing day trading service when he got tired of all of the nonsense and bullshit from normal

1:51.2

day trading services where, you know, some of them front run you and a lot of them don't

...

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