The “Happy” Options Trading Lifestyle
So the title of this post is a bit extreme. I don’t claim to have the full answer. I don’t think anyone really does. But I have been researching this for a while and trying to figure it out. Why are some people happy and others not? And more importantly, how can I be more happy?
I have a couple resources that might help if you are also looking for answers to these same questions.
1. The book Delivering Happiness by Tony Hsieh – this book is actually the story of Zappos.com but there is a section in the end about happiness, and reading about how Tony figured out what made him happy and how he built his life and company around that, and was still able to profit was inspiring.
2. Another book, by Shawn Achor – but actually I have not read the book yet. I downloaded a brief work that was written by the author before be wrote his new book for my Kindle and then happened to find a talk given by the author. Here is the actually talk. At the very end he talks about a study he did in which they were able to successfully make people happy. Or better yet, the subjects were able to make themselves happier by performing some simple steps. I won’t ruin it for you, you’ll have to watch the video.
As an options trader, I have noticed that when I am upset, I do not trade as well. So I try not to trade when I am not thinking clearly, like after a fight with my spouse, when I am still sleepy, when I am sick, and anything else that can upset my mental balance.
What I have not tested and I want to, is if I am a better trader if I trade when I am happy or in a good mood. That is what is sugested in the video – that we work better when we are happy before we start. It is an interesting hypothesis and one I will be testing. The problem is, how do I get myself happy everyday before I trade options? I will have to figure that out first. 🙂
If you have any ideas on how or what makes you happy, please post them in the comments and be sure check out our previous blog posts for best options advisory service and awesome tips on how to do option trading for a living.
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