Weekly Option Trading: Get Curious
There are kinds of intelligence that we have that are crucial to our success as weekly options traders. We have our academic intelligence which we rely on generally for trading options. This becomes our decision-making tool. But is this what makes us successful? There is no linkage between this sort of intelligence and successful option dealing. There are many smart individuals that make terrible traders and many average perceptive people who become highly successful. Nevertheless it is one special thing that makes us successful with weekly options.
The power to use our “emotional intelligence” is of similar importance” if less than educational. Emotional intelligence contains the feelings and the facility to raise questions. We don't want to spend a heap of time outlining this kind of intelligence but actually focus upon the power to pose questions. Too often we are conditioned in society to look book smart and so gravitate away from admitting we don't know something. We seem to lack curiosity. It is this curiosity that we want to succeed with weekly options trading.
If ask questions, we are worried about appearing ignorant. It is the precise opposite. When we do not raise questions, that's when we go into difficulty. Infrequently it's not our questions we are afraid of, it's the answers that we get, often they expose to us how wrong our thinking might be. As a good trader, we must be happy to admit that what we do is wrongor what we are thinking isn't right. Are you pleased to accept the truth that your options methodology may not be working properly? Will you accept the fact that you may not know all about weekly options trading like you want to?
We have been conditioned by society filling us with information and then we are anticipated to feed that info back out. We frequently wait for others to tell us what to do. We have about have lost the drive to make our own choices. Where is our curiosity? We cannot be concerned about what others think about us, we will not trade to please folks. We need fervour and curiosity to learn.
Casually reading about option trading strategies and rules is not going to offer you the hunger to trade. You have to have a deep, deep wish to win when you trade weekly options and make money. If we're going to commit to making money trading options weekly, we have to be happy to arouse our curiosity and pose questions to learn, as frequently as achievable. If we will fervently commit to be successful trading weekly options, we'll ask questions, and we'll learn the simple way to trade like we want to.
John Mylant is the editor of Weekly Options. He is in serious demand as an investment coach. Training traders all over the world the simplest way to grow their portfolio, he uses options trading strategies that are safe, conservative, and allows for quick steady expansion with little culpability. Interested in successfully growing your portfolio using options – safely, efficiently, and quickly?
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