Episode 442 Option trading podcast August 28, 2026

The topic of the week is laying perfect bricks.

Many of you have large dreams.

Those dreams may have led you to pursue option trading.

Options can allow you to do a lot with very little capital, and it's also common for people to come in with big dreams and then blow up.

That means they lose all their money.

Trust me, I am not above that.

I have lost plenty of money and have had several lessons in these markets.

I was encouraged once again by a story that Will Smith shared in an interview once.

He shared the story of his father making him and his younger brother build a brick wall in front of his new shop.

It's worth finding that video on YouTube.

But the punchline is that you don't start off trying to build the best wall ever.

You just focus on laying one brick perfectly.

As perfect as any brick has ever been laid.

And then you lay another brick as perfectly as you possibly can.

With that focus day by day, brick by brick, eventually you'll have a wall.

That is true of reaching any goal that you're pursuing, including financial goals trading.

You may have a goal of having a multi-million dollar trading account.

That goal is valid if you're starting with $1,000 or if you're starting with $500,000.

Either way, you need to get in the habit of setting up one good trade and then another and then another until you have the account and the skill set that you seek.

So keep that in mind.

Just one brick at a time.

You're almost there.

You don't have to worry about building the wall.

You just need to focus on laying the next brick as perfectly as possible and the wall will eventually show up.

That's true of all of your goals.