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The Option Alpha Podcast

110: Become A Better Options Trader By NOT Watching The Market

The Option Alpha Podcast

Kirk Du Plessis

Education, Options Trading, Trading, Investing, Stock Market, Business, Finance

4.81.2K Ratings

🗓️ 21 November 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show110 Why do we still believe that magically someday we'll have some inside scoop or tip that alerts us to market tops and bottoms? As hopefully rationale adults we often get lured into a false sense of understanding in the financial markets brought on mainly by the media and talking heads. Today I want to help you become a better options trader by not watching the market, focusing and more systematic trading setups, and providing the single most important...

Transcript

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0:00.0

You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

0:06.3

smarter trades learn how the stock market really works and generate consistent monthly

0:11.2

income. Now your host and head trader at

0:15.0

option alpha.com Kirk depluses.

0:17.0

Hey everyone this Kirkier again from option alpha

0:22.0

com working every single week to make this the most popular investing podcast offer online and in iTunes because it's based on one thing and one thing only and that's helping you guys make smarter trade.

0:32.4

So again, thanks so much for tuning in today on today's show. and that's helping you guys make smarter trade.

0:32.5

So again, thanks so much for tuning in today.

0:34.3

On today's show, we are going to be talking about how you can become a better options

0:38.0

trader by not watching the market, which I think is actually really important.

0:42.3

So turn off the TV, turn off really important so turn off the TV

0:43.2

turn off the news turn off the radio any of that stuff you listen to and we'll

0:47.2

kind of talk through this I think you guys will like this because I've got a

0:49.8

really cool example using a old Ben Bernanke speech which I think you you guys will really really etceter getting ready for the Christmas season or the holiday season whatever you celebrate all very exciting and fun and I just want to tell you guys

1:06.1

That I really appreciate you the people who listen to this I don't take that for granted at all

1:10.5

I'm extremely Humbold to be able to do this all the time and I love

1:14.5

reaching out and hearing about what you guys are doing for the holidays so definitely

1:17.8

let me know shoot me an email Kirk at option alpha.com all right so today like I

1:21.9

said we're going to talk about how you can become a better trader by not watching the markets.

1:25.5

Now here's the thing.

1:26.5

I think you can become 110% better by not doing 90% of the things that you're doing right now. That's really the reality, right? So we all know

1:35.2

intuitively and let's be honest, right? Like we're all adults here, right? There's

...

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