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 the hidden benefit of time pressure. Many people are familiar with Parkinson’s Law. If you’re not, basically what Parkinson’s Law says is that a task will swell in perceived importance and complexity in relation to the time allotted for its completion. A good example of this would be – Let’s say you want to change your diet and you want to start going to the gym and eating healthier. You might give yourself a year to change your diet. Now, just that little act of intuitively giving yourself a year to change your diet immediately tells your brain and your subconscious that this process is way more important and way more complex than actually maybe it needs to be. Giving yourself an entire year to change your diet and change your exercise or fitness regimen does not need to be the case. You don’t need a year to change it. Maybe actually a week and you could get everything setup to d