The Option Alpha Podcast 243: Longtermism - The New Battle Cry for Short-Term Options Traders
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Jan 26, 2026 They argue short-term options traders need a long-term mindset centered on systems and capital preservation. They examine dopamine-driven overtrading and the risks of chasing perfect setups. They recommend automation, strict risk limits, and measuring success over years. They highlight using repeatable processes, scheduled reviews, and boredom as a sign of a good system.
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Long-Termism Is A Mindset Not A Holding Period
- Long-termism means building systems, habits, and frameworks that last for decades, not holding trades longer.
- Kirk emphasizes that short-duration trading must be guided by a long-term ideology to avoid emotional pitfalls.
Dopamine Drives Dangerous Short-Term Behavior
- Short-duration trading creates rapid dopamine cycles that drive chasing, tweaking, and overtrading.
- Kirk links these emotional drivers to strategy failure, undercapitalization, and burnout.
Build Repeatable Small-Edge Strategies
- Focus on creating repeatable small-edge strategies that play out over hundreds or thousands of trades.
- Prioritize process and systems over the outcome of any single trade.