The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#651 - "Burn The Ships" Or Quit Now
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:10
- More information
Informações:
Synopsis
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 you should burn the ships or quit now. Many of you guys have heard the old Cortez (I believe it was) quote where he talked about burning the ships and never going back, this idea that when he landed in the Americas, he gave his men the order to burn the ships and basically, that forced them to do the things they needed to do to be successful in the Americas or wherever they landed and ultimately gave them a reason for sticking with it because they knew that the ships were gone and there was no way to go back. Well, the same thing has to be said about options trading. I’ve seen way too many people over the last couple of months tiptoe and kind of dance their way into this market and into this business, but it’s not how it works. You either have to commit to going full steam ahead and committing to options trading as a viable systematic approach to investing or you just have to