“The two most powerful warriors are patience and time.”
— Leo Tolstoy
Recently, I have gotten into trading stocks and options, and time has never felt so relevant in each of my decisions.
All of a sudden, I have to be mindful of the market conditions and other external factors that really, have nothing to do with me.
For the first time in my life, I have to consider what time will tell and tailor my actions; which, as much as I get a kick of the adrenaline, is a very intrusive experience of my personal life.
I never imagined I’d have to constantly monitor my accounts to check if everything is okay as if staring really hard would make a difference. What’s more alarming is the ripple effect that it has had on the rest of my life.
Specifically, my attention span has dwindled into shorter periods. Since I have gotten accustomed to constant interruption, my ability to concentrate feels subpar, at least, compared to the start of this journey.
And that’s a bit alarming.
I didn’t quite panic but I sort of felt more out of control. It felt very ironic to watch my life fall more out of control with more effort.
And just when things started to climax, I became desperate for peace of mind. I wanted to let go of the impulse to check every notification, email, or alert that crossed my path.
I wanted to adopt a philosophy that emphasized a slower pace. Something more manageable and beneficial towards my spiritual life.
There were two solutions that made sense: buying and holding stocks for the long term, or buying leap options on stocks I felt confident in.
Of the two options (no pun intended), I realized that the latter allowed me to leverage more of my capital for more returns.
And as I was pondering this strategy, I came across a youtube channel called The Come Up Series, which advocates for a more rigorous version of leap options trading.
Lo and behold, I would learn how to make the most of this strategy with a combination of ideas…
