This ONE Rule Separates Profitable Traders From the 90% Who Lose.
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 3 May 2026
⏱️ 9 minutes
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:04.3 | So last week, myself, Troy, we went into a sand disk call. |
| 0:08.9 | And it's a weak call. |
| 0:10.3 | I don't really like weak calls because I feel like it's very risky. |
| 0:15.0 | And anything can happen, geopolitical risk, a variety of different things that can happen. |
| 0:19.2 | And like, that's out of your control |
| 0:22.0 | that can make a stock go down. That's not necessarily a great indicator of like the stock being a |
| 0:26.8 | weak stock. But it's like, you know, it just happened. But, you know, we did that, we did the sand desk. |
| 0:32.9 | No, tell me what happened. I had to call you and you told me no i think no i say that's |
| 0:41.8 | it's important because no no no no i'm saying it in in this sense what it does is it sharpens my |
| 0:48.1 | the iron right because i know when i call and i tell him i know he's thinking no but then i'm going to |
| 0:53.4 | tell him why and then he's still going to but then I'm going to tell him why. |
| 0:54.8 | And then he's still going to say no. |
| 0:56.3 | And then I'm saying, look, here's what I'm really seeing as well. And then I'm like, what do you think? Like, that makes sense. It makes. I don't know what that means, but he just says it'll make. Even that, though, that's what a great investor should. you should go in believing nothing about an asset and then you should have to make your case. |
| 1:14.0 | So when you're talking to your. that's what a great investor should you should go in believing nothing about an asset and then |
| 1:12.7 | you should have to make your case so when you're talking to your friends or your family if they're |
| 1:16.8 | giving you pushback on the idea it means you have not explained it well enough what the risk could |
| 1:21.9 | be and what the reward could be yeah yeah yeah yeah yeah that's true so the option expires next month. I think that's May 1st. Is that |
| 1:28.8 | Monday? On May 1st is this Friday. May 8th is the Friday after? No, no, no. But it expires May. I think you're in the May 8th. No, I'm in the May 4th. No, I can't be. It has to be a Friday. I mean, no, I think it's the first. |
| 1:40.4 | I want to say it's the first. |
| 1:41.7 | No, it's the first, May 1st. |
... |
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