
10 min

Appreciate How Far You've Come The Option Genius Podcast: Options Trading For Income and Growth
-
- Investing
Hey there, it's Allen from Option Genius and I wanted to share a thought with you that has really made a huge difference in my life. I can't take credit from this, I learned this from the guy who, well, he didn't even create it, but he's making it famous. And he wrote a book on it called the gap and the gain. So if you want to, if you want to learn more about this concept, that's the name of the book, the gap and the gaing and basically what it is, it's a simple way to change how you think about yourself, and your accomplishments and your future. And so, you know, for me, and I'm getting little personal here, I always thought growing up that I was a big deal, you know, little bit arrogant.
And I always thought, hey, I'm special, I'm above average, I'm really smart, I can do things, I have huge potential, I have an amazing potential, I can be whatever I want, I can accomplish anything I want. And it was true. And I think it's true for a lot of people now, you know, I mean, especially if you have all the advantages of growing up in the West, and, you know, there's unlimited opportunity. So if you're watching this, and if you're a trader, then you know, my God, you know we don't have too many things to complain about. Right? We could, but we shouldn't be because there's people way worse than us.
So anyway, the my thinking was that, you know, I made all these huge goals for myself first, it was, you know, by the time I graduate high school, I'm going to be a millionaire. That didn't happen. So then I was like, alright, well, I'm gonna graduate college, I would have been a millionaire. That didn't happen. Oh, by the time I turn 30, I would have been a millionaire - that didn't have any there. Okay, and then later on, you know, things out better and things have settled, but then I realized that, okay, you know, it's like, Man, I don't want to make these such big goals anymore. You know, because I started, I started getting beaten up a little bit, you know, it's taking so long my goals aren't, I'm not achieving my goals. And so I started lowering my expectations. And I remember one time I was in a mastermind group, and the idea was, you know, what's, what's your number? How much? How much do your net worth you want to be. And my goal was 2 million. I was like, you know, if I can have a $2 million net worth, and I know that I can easily make 10% on that every year, and I can live off $200,000. So that was it. That was my goal at the time. And then when I got there, the goal changed. And it got bigger, right? So then it was, you know, like 5 million. Then when I got there, I was like, Okay, now my net worth goal is even bigger, and even bigger, keeps growing. It's like a never ending thing where you get your goal. But then you always want more, because well, we're human. And that's normal. Right? I remember when, when I was first starting out trading, my goal was I want to have $100,000 trading account. When I got that, then it was oh, now I need a $250,000 trading account. Then it was like, oh my god, wouldn't it be awesome if I had a $500,000 trading account, and then a million dollar trading accoun? And I think it just keeps getting bigger and bigger. As soon as you hit your goal, you're now your your thinking is expanded, and you're like, oh, man, I want more, I want more.
And the thing is that, that goal keeps moving. Right? That end desire, that end thing that we want, it just keeps moving, moving, moving, like kinda like the horizon, like when you're walking, you know, you see, oh, I want to go there to the horizon. But then you keep walking, walking, walking in that goal, the horizon just keeps moving further and further, it is a the more you go, the further further it goes. So you never get to the horizon. And for a lot of people, especially like me and others, it can cause a lot of disappointment, and self doubt and pain, being "Oh, man, I never get my goal", you know, and then you start comparing yourself to other peop
Hey there, it's Allen from Option Genius and I wanted to share a thought with you that has really made a huge difference in my life. I can't take credit from this, I learned this from the guy who, well, he didn't even create it, but he's making it famous. And he wrote a book on it called the gap and the gain. So if you want to, if you want to learn more about this concept, that's the name of the book, the gap and the gaing and basically what it is, it's a simple way to change how you think about yourself, and your accomplishments and your future. And so, you know, for me, and I'm getting little personal here, I always thought growing up that I was a big deal, you know, little bit arrogant.
And I always thought, hey, I'm special, I'm above average, I'm really smart, I can do things, I have huge potential, I have an amazing potential, I can be whatever I want, I can accomplish anything I want. And it was true. And I think it's true for a lot of people now, you know, I mean, especially if you have all the advantages of growing up in the West, and, you know, there's unlimited opportunity. So if you're watching this, and if you're a trader, then you know, my God, you know we don't have too many things to complain about. Right? We could, but we shouldn't be because there's people way worse than us.
So anyway, the my thinking was that, you know, I made all these huge goals for myself first, it was, you know, by the time I graduate high school, I'm going to be a millionaire. That didn't happen. So then I was like, alright, well, I'm gonna graduate college, I would have been a millionaire. That didn't happen. Oh, by the time I turn 30, I would have been a millionaire - that didn't have any there. Okay, and then later on, you know, things out better and things have settled, but then I realized that, okay, you know, it's like, Man, I don't want to make these such big goals anymore. You know, because I started, I started getting beaten up a little bit, you know, it's taking so long my goals aren't, I'm not achieving my goals. And so I started lowering my expectations. And I remember one time I was in a mastermind group, and the idea was, you know, what's, what's your number? How much? How much do your net worth you want to be. And my goal was 2 million. I was like, you know, if I can have a $2 million net worth, and I know that I can easily make 10% on that every year, and I can live off $200,000. So that was it. That was my goal at the time. And then when I got there, the goal changed. And it got bigger, right? So then it was, you know, like 5 million. Then when I got there, I was like, Okay, now my net worth goal is even bigger, and even bigger, keeps growing. It's like a never ending thing where you get your goal. But then you always want more, because well, we're human. And that's normal. Right? I remember when, when I was first starting out trading, my goal was I want to have $100,000 trading account. When I got that, then it was oh, now I need a $250,000 trading account. Then it was like, oh my god, wouldn't it be awesome if I had a $500,000 trading account, and then a million dollar trading accoun? And I think it just keeps getting bigger and bigger. As soon as you hit your goal, you're now your your thinking is expanded, and you're like, oh, man, I want more, I want more.
And the thing is that, that goal keeps moving. Right? That end desire, that end thing that we want, it just keeps moving, moving, moving, like kinda like the horizon, like when you're walking, you know, you see, oh, I want to go there to the horizon. But then you keep walking, walking, walking in that goal, the horizon just keeps moving further and further, it is a the more you go, the further further it goes. So you never get to the horizon. And for a lot of people, especially like me and others, it can cause a lot of disappointment, and self doubt and pain, being "Oh, man, I never get my goal", you know, and then you start comparing yourself to other peop
10 min