120: Option Trader Success - Why Some Traders Are Frankly Always More Profitable
The Option Alpha Podcast
Kirk Du Plessis
4.8 • 1.2K Ratings
🗓️ 26 February 2018
⏱️ 25 minutes
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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. |
| 0:19.0 | Hey everyone this Kirk here again from option alpha.com working every single week to make this the most |
| 0:24.0 | popular investing podcast offered online and in iTunes because it's based on one thing |
| 0:29.1 | and one thing only and that's helping you guys make smarter trades. So again, thank you so much for tuning into today's show. |
| 0:34.8 | On today's show, we are going to talk about why frankly some options traders are just |
| 0:40.1 | always more profitable. |
| 0:41.3 | And I think it gets back down to this mentality mindset. |
| 0:44.1 | It gets that back down to a lot of, you know, basic stuffs. |
| 0:46.9 | We're kind of trying to go through a lot more of these basics here in the first like couple |
| 0:50.9 | shows this month and really kind of you know bring things together and |
| 0:54.4 | reset everyone's trajectory after the recent down move that stocks had because I |
| 1:00.0 | think a lot of people got shook up and I don't think it's gonna stop I think it's gonna to stop. I think it's going to continue to have more |
| 1:04.4 | volatility as we've already seen even this week and so I want people to make sure |
| 1:08.8 | that we're moving in the right direction. We've got a goal or a goal post that we're working post that we can help each other improve on. |
| 1:15.4 | So when I look at a lot of people that we've coached over the last couple of years and I don't |
| 1:19.9 | even know how many people I've coached now at this point, I've probably coached |
| 1:22.4 | hundreds, I don't know, maybe close to a thousand, but I don't think we're quite there yet as far as people we've coached. And people we have in our community, we've got thousands of people in the community now and Pro and elite. |
| 1:32.7 | And so I can see a lot of similarities, you know, and a lot of threads start to come across, |
| 1:38.7 | not only with people I talk to, but just seeing comments, just reading in the forum, like oftentimes I'll just go through and just kind of read the forum and see what people are talking about good things bad things like everything their trades and I really kind of take all that stuff to heart. I try to understand what people are doing really good stuff, what people are offering great opinions, great advice, and how people are doing things differently. |
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