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The Option Alpha Podcast

23: Overcoming The 3 Biggest Fears When Starting To Trade Options

The Option Alpha Podcast

Kirk Du Plessis

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

4.81.2K Ratings

🗓️ 21 March 2015

⏱️ 17 minutes

🧾️ Download transcript

Summary

Investing money can be scary (no doubt). . . In this session of The Option Alpha Podcast I want to help you overcome the 3 biggest fears that people have when they start trading options. You see, as kids we were scared of all kinds of things; monsters, our siblings, "Dad" etc. As adults now we still get scared and when we combine the "unknown" with our hard earned money it becomes a nightmare. If I were to ask most investors about options trading their default response would be things a...

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

0:06.2

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

0:10.8

monthly income. Now your your host, and head trader at option alpha.com, Kirk depluses.

0:17.0

Hey everyone, this is Kirk here again from option alpha.com, working every single week to make this the most

0:24.1

popular investing podcast offered in iTunes and online because it's based on one

0:29.1

thing and one thing only and that's helping you guys make smarter trades.

0:32.4

So thanks so much again for tuning in today we've got a really only and that's helping you guys make smarter trades.

0:33.0

So thanks so much again for tuning in today.

0:34.6

We've got a really awesome show for you guys today, covering and overcoming the three biggest

0:39.6

fears when starting to trade options.

0:42.0

So here's the deal, right?

0:43.4

Investing money can be scary.

0:44.6

There's no doubt about it.

0:45.8

We don't like to part with our money and we get fearful and scared of losing our money or

0:50.4

of making some really stupid decisions.

0:53.0

So when we're kids, we're obviously scared of all kinds of things, like monsters or siblings,

0:57.3

maybe big dad, scary dad or mom.

1:00.7

But as we become adults and grow up, it doesn't mean that we're not still scared.

1:05.0

And especially when we combine this fear of losing or fear of failure with our hard-earned money,

1:11.0

sometimes it can become a nightmare to make some different

1:14.8

changes or start trading options or trade options a little bit different than you've

1:18.7

done before. But the honest truth is that most of these things are really excuses.

...

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