10 min

Why Passive Traders Are Happier The Option Genius Podcast: Options Trading For Income and Growth

    • Investing

Did you know that passive traders are some of the happiest traders out there? That's true. I'll tell you why in this episode.
So the longer I trade, and I've been doing this, geez, it's been it's been a while. Okay. But it's been a while. And the longer I do it, the more I realize that the only thing that is holding me back, is myself. It's not the economy. It's not the stock market. It's not the Fed, it's not the government, it's not lack of money, or too much money or any of those issues. There's nothing - it's not an external issue. Because all of that stuff can be addressed. And it can be overcomed. It's not that hard. But internally, that's the stuff that takes the most work. Because most of the time, you don't even know what the issue is internally.
And so the thing that separates winning traders from losing traders, is mentality - their mentality, specifically, I mean, you can give the same trade to two different traders, and one will win and the other one will lose. I've said this over and over again. Why? Well, mentality, it's their mental state. It's the stuff that they're thinking about. That's what's holding us back. Fear, stress, doubt, lack of confidence. All of these can limit your success in trading and in life. You see it all the time, you see people walking by like, "Oh, my God, this guy should have been so successful, but he's not, why he's not taking the right actions". Why? Because of fear, or stress, or doubt, or lack of confidence. So if you are not as successful as you want to be, the fastest way to fix it, is to work on yourself.
Now, I didn't say it was easy, but it's the fastest. So how do you overcome the self-imposed limitations? How do you how do you fix this? Well, sometimes the answer that we're looking for, will not come from the stuff that we already know,right? Einstein said this, I think what they say - it's attributed, the quote is attributed to him, but nobody knows if he actually invented it or not. But the quote was that when you have a problem, you cannot use the same type of thinking, to find a solution for that problem. You have to change your thinking, you have to grow, you have to expand your mentality and look at it from a different way look at the problem in a different light, in order to see the answer, because otherwise the answer would be easier, and you just do it, you wouldn't have the problem in the first place.
So in this case, I found an answer. From studies on relationships. Totally different, right? Have nothing to do with trading. What is what is having a good relationship have to do with trading? I'll tell you.
One of the most respected experts in marital stability, his name is John Gottman. Okay. Now this guy has shown repeatedly that he can predict with 90% accuracy, which couples will stay together, and which will get divorced. So he can watch you and your spouse for a few minutes. And he'll tell you if you're going to last or not.
So not only am I going to tell you why passive traders are happier, and how to be happier. But I'm also going to share with you how to improve your marriage. Looks pretty good, right? Not bad. 2 for 1 in this podcast.
All right, you're welcome! All right, the difference between happy and unhappy couples is the balance between positive and negative interactions during conflict. So basically what this means is for every negative interaction you have with your spouse, you gotta have five or more positive interactions. Okay? So let's say your wife comes home, and she says something, maybe she asks you a question that you've already answered 100 times, and you look at her and you roll your eyes, that would be a negative interaction.
But if she's sitting down, or you're walking, you know, you go for a walk, or you're in the mall or whatever, and you reach over and you grab her hand, and you hold her hand for a few seconds, that will be a positive interaction. All right? So you have the negative and the positive, couples that stay tog

Did you know that passive traders are some of the happiest traders out there? That's true. I'll tell you why in this episode.
So the longer I trade, and I've been doing this, geez, it's been it's been a while. Okay. But it's been a while. And the longer I do it, the more I realize that the only thing that is holding me back, is myself. It's not the economy. It's not the stock market. It's not the Fed, it's not the government, it's not lack of money, or too much money or any of those issues. There's nothing - it's not an external issue. Because all of that stuff can be addressed. And it can be overcomed. It's not that hard. But internally, that's the stuff that takes the most work. Because most of the time, you don't even know what the issue is internally.
And so the thing that separates winning traders from losing traders, is mentality - their mentality, specifically, I mean, you can give the same trade to two different traders, and one will win and the other one will lose. I've said this over and over again. Why? Well, mentality, it's their mental state. It's the stuff that they're thinking about. That's what's holding us back. Fear, stress, doubt, lack of confidence. All of these can limit your success in trading and in life. You see it all the time, you see people walking by like, "Oh, my God, this guy should have been so successful, but he's not, why he's not taking the right actions". Why? Because of fear, or stress, or doubt, or lack of confidence. So if you are not as successful as you want to be, the fastest way to fix it, is to work on yourself.
Now, I didn't say it was easy, but it's the fastest. So how do you overcome the self-imposed limitations? How do you how do you fix this? Well, sometimes the answer that we're looking for, will not come from the stuff that we already know,right? Einstein said this, I think what they say - it's attributed, the quote is attributed to him, but nobody knows if he actually invented it or not. But the quote was that when you have a problem, you cannot use the same type of thinking, to find a solution for that problem. You have to change your thinking, you have to grow, you have to expand your mentality and look at it from a different way look at the problem in a different light, in order to see the answer, because otherwise the answer would be easier, and you just do it, you wouldn't have the problem in the first place.
So in this case, I found an answer. From studies on relationships. Totally different, right? Have nothing to do with trading. What is what is having a good relationship have to do with trading? I'll tell you.
One of the most respected experts in marital stability, his name is John Gottman. Okay. Now this guy has shown repeatedly that he can predict with 90% accuracy, which couples will stay together, and which will get divorced. So he can watch you and your spouse for a few minutes. And he'll tell you if you're going to last or not.
So not only am I going to tell you why passive traders are happier, and how to be happier. But I'm also going to share with you how to improve your marriage. Looks pretty good, right? Not bad. 2 for 1 in this podcast.
All right, you're welcome! All right, the difference between happy and unhappy couples is the balance between positive and negative interactions during conflict. So basically what this means is for every negative interaction you have with your spouse, you gotta have five or more positive interactions. Okay? So let's say your wife comes home, and she says something, maybe she asks you a question that you've already answered 100 times, and you look at her and you roll your eyes, that would be a negative interaction.
But if she's sitting down, or you're walking, you know, you go for a walk, or you're in the mall or whatever, and you reach over and you grab her hand, and you hold her hand for a few seconds, that will be a positive interaction. All right? So you have the negative and the positive, couples that stay tog

10 min