How to be the best trader in the world
How to Be the Best Trader: Economics, Incentives, and Societal Impact
Master the discipline of trading by understanding how it rewards identifying mainstream errors, but recognize its critical distance from solving real-world political and economic crises.
Short Summary
- Trading functions as economic forecasting, rewarding those who correctly predict market consensus errors (like rising inequality).
- The financial world's incentive structure (P&L) forces intense accountability on opinions that academia and politics often lack.
- Despite proven forecasting ability in trading, translating this expertise into influencing public policy or preventing societal collapse remains extremely difficult.
- This session explains the mechanics of high-reward trading and contrasts its merits with the frustrating realities of shaping political change.
- To excel as a trader, identify one major economic factor overlooked by most economists (like wealth distribution).
This discussion details how to approach trading as economic forecasting, emphasizing that success comes from betting boldly when you are correctly divergent from the consensus. We explore the high personal accountability trading demands via risk capital, contrasting it sharply with the public policy arena where expert foresight often goes ignored. Ultimately, the speaker seeks to leverage trading credibility toward influencing political action concerning societal collapse drivers like wealth inequality.
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Top Comments (10)
"Basically, you are being governed by and being spoken to you by third division economists pretending to be Premier League economists." Utterly brilliant and totally accurate. Thanks for all you're doing Gary.
“If you’re in trouble or hurt or need—go to poor people. They’re the only ones that’ll help—the only ones.” John Steinbeck, The Grapes of Wrath
As a retiring professor in the U.S., the only thing you can do is to control what you can control and not dwell on what you can’t. What you can control Gary is your constant and consistent voice, and how loud or soft you want it to be. You now have a platform with over 1 million people who subscribe to your channel, which is a great start. You are now asking those viewers to pay attention and hear and understand what you are arguing for on their behalf. That’s grassroots, and eventually you will convince them to vote those who won’t listen out of office and put into office those who will. Unless you get into politics, creating a vocal movement is what you can control. Keep doing it, only turn up the volume as more are listening everyday.
I think the chancellor of the exchequer should legally be required to bet their own personal money that their economic policies will work
The government ears are not listening because they benefit from the system remaining the way it is.
One huge problem with trading is called insider trading. Not only this seems impossible to eradicate, but we're now seeing it happen on an unprecedented scale under the current US administration.
I just searched for and found your first video and it's honestly eerie how accurate your predictions were. People not 100% convinced or unaware of this movement can very quickly come onboard after seeing such an accurate prediction with a very easy to understand explanation. You need to make it easier for people to find it! Link it in the descriptions of ur videos. YouTube also allows u to put 'related' videos in the middle of a video.
A stockbroker's widow said in the hairdresser, "Everyone used to ask us what shares to buy, but we didn't know any better than them".
Gary, you should be in every school and on every television programme in the world at least once a week to spread this very important message.
This guy broke down "why i love trading" segment so beautifully. Finally, a place that rewards ppl that see more than most
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Top Comments (10)
"Basically, you are being governed by and being spoken to you by third division economists pretending to be Premier League economists." Utterly brilliant and totally accurate. Thanks for all you're doing Gary.
“If you’re in trouble or hurt or need—go to poor people. They’re the only ones that’ll help—the only ones.” John Steinbeck, The Grapes of Wrath
As a retiring professor in the U.S., the only thing you can do is to control what you can control and not dwell on what you can’t. What you can control Gary is your constant and consistent voice, and how loud or soft you want it to be. You now have a platform with over 1 million people who subscribe to your channel, which is a great start. You are now asking those viewers to pay attention and hear and understand what you are arguing for on their behalf. That’s grassroots, and eventually you will convince them to vote those who won’t listen out of office and put into office those who will. Unless you get into politics, creating a vocal movement is what you can control. Keep doing it, only turn up the volume as more are listening everyday.
I think the chancellor of the exchequer should legally be required to bet their own personal money that their economic policies will work
The government ears are not listening because they benefit from the system remaining the way it is.
One huge problem with trading is called insider trading. Not only this seems impossible to eradicate, but we're now seeing it happen on an unprecedented scale under the current US administration.
I just searched for and found your first video and it's honestly eerie how accurate your predictions were. People not 100% convinced or unaware of this movement can very quickly come onboard after seeing such an accurate prediction with a very easy to understand explanation. You need to make it easier for people to find it! Link it in the descriptions of ur videos. YouTube also allows u to put 'related' videos in the middle of a video.
A stockbroker's widow said in the hairdresser, "Everyone used to ask us what shares to buy, but we didn't know any better than them".
Gary, you should be in every school and on every television programme in the world at least once a week to spread this very important message.
This guy broke down "why i love trading" segment so beautifully. Finally, a place that rewards ppl that see more than most