The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about why those who sprint ahead early rarely finish or win the race. I love this analogy because it’s so true in so many disciplines. It’s not even funny. You can look at it in personal finance, in careers, in investing and definitely in trading. You get people who get really, really excited which I love the excitement, but then end up having this overexertion of energy and sprint ahead early by doing way too many trades, over-allocating everything and they rarely end up winning in the long run and it’s because they just frankly burn out or they’re doing the wrong activities in the long run that are going to lead to success. It might seem like those short-term activities and their short-term wins are getting them ahead because they’re moving faster, they have more kinetic energy, they’re actually doing something and it feels like they’re making progress, but really, they’re just spinni