The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again at Option Alpha and welcome back to the daily call. Today, we’re going to be answering the question, “Is lack of preparation the leading cause of bankrupt investors?” Now, I would argue yes that it is. In fact, I would even argue that definitely, the leading cause of people who lose money is just absolutely a lack of understanding and preparation and just flying blind basically into this entire market and business. And so, I’ll use a quote and regardless of whether you agree on his political views or not, this is a great quote and one that my coach back in college has often referred to, although it's not exactly the same as the way that he put it, but the quarterback Colin Caepernick before he was I guess done playing in the NFL said that pressure comes from a lack of preparation. And the whole idea is that when you get into a game situation and I’ll use football as the analogy here. But when you get into a game situation, as a quarterback, you should understand everythin