In this episode, Robert breaks down why the most exciting trades are often the most dangerous and how extreme leverage can quietly turn short-term wins into long-term disasters. He explains why good trading is usually boring, how risk structure matters more than intelligence, and what habits help investors survive volatile markets without blowing up their accounts.

Robert also discusses how he thinks about leverage, options sizing, and portfolio ballast, shares his perspective on recent market turbulence across tech and crypto, and answers a listener question on what a potential shift at the Federal Reserve could mean for markets. The episode closes with a look at where opportunity may be emerging after sharp corrections and why patience often pays when volatility spikes.