#10 - Why I Never Want To Be The The Best Options Trader

Hey everyone and welcome back. On today’s daily call, I want to talk about why I never want to be the best options trader. That might be kind of a weird topic or headline and maybe you’ve seen this and you clicked on it or you’re watching and subscribed on iTunes or Google Play or whatever, you thought to yourself like, “What in the world is Kirk going to talk about here?” But I think this concept is really important because what I often find is that people do want to be the best at what they do and no doubt, do I. I want to be very, very, very good at what I do and I want to be good at options trading, I want to be a great father, I want to be a great husband or I want to be the best at everything I do, but I never want to be number one. I’ll tell you this, for the only reason is that I actually strive to try to beat somebody else and it’s just my own thing. I don’t know if you have this or not. But if I feel like I’m number one in something, then I feel like I would quit and I would say that I’ve reached my potential. Only for the sake of psychology and for the sake of having to have somebody or something to chase keeps me motivated. I think that that’s an important topic because I often find that some people… You’ve seen this probably all over the place and you can read about it online. I’m sure there’s millions of case studies of people who reached their fullest potential and then quit. A great example of this is probably somebody trying to play in the NFL. There’s really bad teams in the National Football League and you think to yourself like, “How are these teams so bad when all of these guys are so good?” The likelihood of being an NFL player is so, so, so small. You got to be fast, you got to be strong, you got to have good game skills and awareness. There’s so much you have to do. Then they get to the NFL and it’s like these teams get rolled over like you have one team that just crushes another team. You ask yourself like, “Why is that? How do those guys get there?” It’s because in most cases, the guys who are playing on the bad team, the team that loses, their goal was just to get to the NFL. As a kid, their goal was to get to the NFL. It was to play high school, to play college and then to make it professionally. Once they got there, they stalled and put it into neutral and they didn’t keep moving forward. They didn’t have a goal of, “Okay, I want to win five championships or I want to be a hall of famer with the most passes or the most catches or whatever the case is.” I’m just using football as one analogy in probably a million that you can use. Related to whatever you think is that you like or motivates you. But it’s just this idea that I’ve always had of like – I don’t ever want to be the number one trader. I don’t want to be the number one father, the number one husband, the number one business owner. I’ve got to have somebody or something to chase because it keeps me motivated, it gives me something to aspire to and it forces me to keep learning. If I know I’m not the best and I agree that I’m probably not the best, I could always improve in every single area, then I know I can keep learning, I can keep improving myself, I can keep trying to understand how I trade better, trying to understand the markets better, trying to understand how to run this business, this Option Alpha business and help you guys better. If I thought I was the number one educator for sure, then I really wouldn’t improve. I wouldn’t try to do more content, more videos, more podcast, etcetera. I think it’s an interesting topic. I think it’s something maybe you really should think about and try actually to strive for sure. I’m not saying don’t reach for number one, but don’t ever feel like you got there. That’s really maybe the point of this, is don’t ever feel like you got there. Hopefully this helps out. As always, if you guys have any comments or questions, let me know. But until next time, happy trading!

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