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 why ignorance in trading is actually bliss. And don’t get me wrong and don’t start sending me a bunch of emails about this. I’m not talking about ignorance when it comes to market risk and position sizing and trying to pick tickers and strategies. What I’m talking about is once you actually have a system in place, you know what strategy you’re going to use, you know what position sizing you’re going to use, you’re using enough cash reserves, you have maybe a hedging strategy on. Once you actually start making trades, then at that point, it really is kind of interesting that ignorance into the outcome of the individual trades is really bliss. You should be focusing more on the process versus the individual outcomes. We see this all the time here at Option Alpha where people start trading, they understand it conceptually, they understand the high probability nature, lots of trades,