Trump in and Wall Street is Meditating

 

wall street meditating

Talk about surprised. It’s no wonder Wall Street are looking for ways to relieve stress…

And when you think that Paddy Power settled bets on Hillary Clinton early… the whole thing seems to make little sense.

Glad I considered value betting after all.

But that’s politics I suppose!

You have to wonder how it swung like it did though? I mean from being out the running to gaining complete control. He’s more powerful than Obama.

I mean, President Trump can pass bills on his own which Obama was unable to do.

The World Will Keep Spinning

However, the world will keep going. The markets will trend; business will start… some will flourish whilst others fail. Horses will run races, Chelsea will win the league and Mourinho will… will… ahhhh who cares…

The world will keep spinning as long as there’s a hole in your… um… ozone. The planet is far from revolving around the new president. It’s actually not that big a deal if he’s in or not if you think about it.

I can remember Ronald Regan as president [just] and wondered what the consensus was when a movie star became president? Or when he was running up to the elections? And that turned out OK… sort of.

Wall Street Meditating

Meditation for traders

It did make me smile when I read that Ray Dalio was still continuing to spread the word on Wall Street about meditation. I thought that Wall Street Meditating might come in really useful now that Trump is in.

Anyway, Ray Dalio is considered by many as the worlds greatest hedge fund manager [bridgewater]   and attributes his success to his forty-year practice of Transcendental Meditation

Eight years ago he introduced transcendental meditation to his 750 staff.

Since then the idea has grown, and it’s not only Wall Street Meditating but other business owners and traders are also embracing the benefits of meditation.

Somewhat ironically although not unsurprisingly, meditation and mindfulness has now become big business… raking in over a billion dollars in this last year.

I have mentioned the benefits of meditation to you before in this post

If you’re undecided on meditation as yet, then I can only urge you to look into it further… I think you’ll be surprised.

If not… maybe knowing that a man making $5 million a day and more say’s he owes it all to his practising of meditation since 1969, will give you a bit more encouragement to do so.

US Elections – It’s Almost Over

US elections

The US elections are finally coming to the finale.

It has been like watching some sort of bizarre soap opera this time round.

Instead of looking at the values of the candidates, I’ve found myself wondering what is going to happen, reveal itself and make the headlines next… to me at least, this election has a different feel.

Anyhow’s, beside the entertainment value, I’ll still be glad when it’s over.

Brexit and the US elections in the same year has seen me take time out the markets this year.

It’s been hard to trade and call the shots. It’s not a bull or a bear market. There have been winners and losers for sure, as always… but I’ve traded less and used the time to study more.

I have taken on a few of Vince’s suggestions as you know, and rolled over a few longer term trades; but I feel like a lion waiting to pounce at the moment.

I just think that once the elections are over that the markets will be moving one way or the other again with some conviction.

What the US Markets Are Doing

I remember at Vince’s seminar that he played a clip from the Wolf of Wall St.

It’s when they are in the restaurant, before Jordon has become a licensed broker and the head of the firm is explaining how being a broker all works… very funny and makes you wonder if he had something there?

Here’s the clip.

But as we all know from a traders prospective, trends DO exist in the markets; and some good profitable trends will back and easy to trade very soon.

Good time to Start Learning to Trade

If you’re a beginner and are looking to start trading, then this is the ideal time for you to start learning.

You’ll see some stability and clearer trends occurring, and generally find trading easier, at least until the next US elections.

Back to Studying.

As I mentioned earlier, being less active in the markets meant that I had a chance to study more.

This is a funny scenario actually.

When I’m more active in the markets I have been doing less of everything else regarding making money online.

This year I have concentrated far more on learning and creating other opportunities, self development… and so.

This has been a massive or maybe even my biggest result this year. Reading and learning more.

You see, trading doesn’t take long to do. But when you are doing something that works consistently, maybe you get a little complacent to other opportunities? I know I did.

So this year I have been concentrating on building a brand, making money via Amazon and developing my myself.

It’s been great and it has reminded me that trading gives you the chance to make a passive income so that you can create more passive income streams if you wish.

I’m going to start using my time to do so again.

So my One Thing is going to be building an Amazon business.

Of course I have many things going on in my life in different areas. And different areas have different goals. But my one business goal is going to be Amazon as a semi passive income stream.

I’ll still be reading loads and learning along the way. I have started buying paperbacks again, since I mentioned it here… I love books.

A quick glimpse of my Amazon sales for you… Long may they keep compounding.

Amazon sales

Not bad considering that my first stock items cost just over $300 including shipping to the UK.

It has been a learning curve on Amazon though, and I now have a much better understanding of how it all works. I’m now going to be adding products that I have researched for private labelling at a faster rate from here. This will see things grow much quicker.

Seasonal Buy Signals

Seasonal buy signals

I got the long awaited seasonal buy signals from Vince Stanzione… Yippee.

I say signals as there are a few different variations and options to take. The profits can be fantastic and it is one of the easiest systems to trade.

Please remember that you can still lose money trading these signals though… but long term it’s a winner.

Obviously I am not at liberty to tell you how to trade it, why you should trade it or reveal the other options you have of gaining exposure.

All these things I have learnt from Vince Stanzione directly and from being a member of his private website.

This is by no means a situation of me dangling a carrot in front of your noses though.

I always want to help you to learn how to trade the markets and also learn what it takes to make a living online if possible.

If you want to learn about seasonal trading then you really must buy the stock traders almanac. It is full of seasonal information, trading strategies and statistics.

I have mentioned it to you before. I also met the author or shall I say editor Jeff Hirsch at one of Vince’s seminars. He’s a great guy and full of wisdom on the financial markets.

It was Jeff’s farther that first published the Stock Traders Almanac back in 1967 so as you can see it a stood the test of time.

Since then, the information and growth of the original almanac has continued. Now you obviously have website memberships and seminars and so on that you can attend and learn from.

However, the real bonus of trading nowadays comes from being able to trade and indeed learn to trade from experts in the confines of your own home.

Anyway… back to Vince Stanzione… Vince was advising everyone to remember that this is not the be all of trading systems. The seasonal buy signals is just one of many strategies that are utilised over the year.

If you want learn more about trading from Vince, you can read more here.

Value Betting – Looks Like it’s Hillary

 

Value betting Hillary Clinton

After Paddy Power settled bets on Hillary Clinton early it looks like that result has unofficially been put to bed.

Vince Stanzione has been spot on with betting on Hillary Clinton, although I did not take it. Vince got a mention on CNN Money he had big money on it.

The main reason that I did not take this bet on was that I struggled to see the value in it.

Vince said at odds of 1.5 that it was a good value bet. I thought, yes good value if you win. In hindsight it was good value.

What is Value Betting

Well that depends how you look at it.

Vince found value in betting on Hillary Clinton because he was certain that she was going to win. A 50% return for something that is what you might call “nailed on” can be considered value.

But there are many variables that affect this definition of value.

Vince Stanzione is a professional trader. He has been trading for 30 years. He has a set of rules that repeat over and over. He has lost only 1 election or political bet in something like 15 years.

  • Lets say that there are 2 political bets a year that Vince recommends to his subscribers.
  • Lets say that the average odds are are even lower than the Hillary Clinton bet.
  • Let’s say 1.4, so for every £1000 you put on Vince’s political bets you win £400

Your results will look something like this.

2 bets a year for 15 years = 30 bets

1 losing bet in 15 years = 29 winning bets

29 winning bets x £400 = £11600

Less one losing bet £1000 = £10,600

Over £10k profit is a great return on £1000

So it seems that you can indeed find value at betting on low odds if your strike rate is high.

I repeat my previous quote “odds of 1.5 on Hillary Clinton was good value”. [I’m a bit gutted]

But they were only good odds because they came via a tip [if you like] from someone with a strike rate of 96.6%… I’ll explain.

When Betting is Not Good Value

The odds for any betting event are equal to the perceived chance of that outcome happening.

Using the table beneath you can quickly see what chance your selection has of winning.

Fractional Decimal Probability %
1/100 1.01 99.00
1/50 1.02 98.03
1/33 1.03 97.08
1/25 1.04 96.15
1/20 1.05 95.23
1/10 1.10 90.90
2/13 1.15 86.95
2/11 1.18 84.74
1/5 1.20 83.33
2/9 1.23 81.30
1/4 1.25 80.00
2/7 1.29 77.80
3/10 1.30 76.70
1/3 1.33 75.00
4/11 1.36 73.33
2/5 1.40 71.43
4/9 1.44 69.23
1/2 1.50 66.67
8/15 1.53 65.50
4/7 1.57 63.64
8/13 1.65 61.90
2/3 1.67 60.00
8/11 1.73 57.89
4/5 1.80 55.56
5/6 1.83 54.55
9/10 1.90 52.63
10/11 1.91 52.38
1/1 2.00 50.00
21/20 2.05 48.78
11/10 2.10 47.62
10/9 2.11 47.37
6/5 2.20 45.45
5/4 2.25 44.44
13/10 2.30 43.48
27/20 2.35 42.55
11/8 2.37 42.11
7/5 2.40 41.67
3/2 2.50 40.00
8/5 2.60 38.46
13/8 2.62 38.10
17/10 2.70 37.04
7/4 2.75 36.36
9/5 2.80 35.71
15/8 2.87 34.78
19/10 2.90 34.48
2/1 3.00 33.33
21/10 3.10 32.26
11/5 3.20 31.25
9/4 3.25 30.77
23/10 3.30 30.30
12/5 3.40 29.41
5/2 3.50 28.57
13/5 3.60 27.78
27/10 3.70 27.03
11/4 3.75 26.67
14/5 3.80 26.32
3/1 4.00 25.00
10/3 4.33 23.08
7/2 4.50 22.22
4/1 5.00 20.00
9/2 5.50 18.18
5/1 6.00 16.67
11/2 6.50 15.38
6/1 7.00 14.29
13/2 7.50 13.33
7/1 8.00 12.50
15/2 8.50 11.76
8/1 9.00 11.11
17/2 9.50 10.53
9/1 10.00 10.00
10/1 11.00 9.09
11/1 12.00 8.33
12/1 13.00 7.69
14/1 15.00 6.67
16/1 17.00 5.88
18/1 19.00 5.26
20/1 21.00 4.76
22/1 23.00 4.35
25/1 26.00 3.85
28/1 29.00 3.45
33/1 34.00 2.94
40/1 41.00 2.44
50/1 51.00 1.96
66/1 67.00 1.49
80/1 81.00 1.23
100/1 101.00 0.99

The problem is that the chart is only mathematically correct.

It is correct if you have no other information that can affect the percentage chance of winning. And if you do win at any of the given odds and do not know how you won then your future results can be limited.

Any selection or bet that you make will have outside variables that affect the value of that bet.

Value Betting Hillary Clinton

Let’s take a look at Vince’s Hillary Clinton bet.

Using the above table, we can see that the actual percentage chance of winning this bet was 66.67%

But because of a higher knowledge of markets, stats, selecting winning bets and all other relative information that Vince used to make his decision. The actual odds that Vince predicted this bet was going to win with was probably nearer to 90%.

Vince never saw Trump as a threat… obviously he didn’t know that Trump was going to capitulate like he did but he was already on the right tracks.

Basically Vince deduced that there was a much higher chance of this bet winning than the 66.67% chance given by the odds.

Hence this is a value bet.

Finding Value in Your betting.

Knowing your market when it comes to successful fixed odds betting is really the key to long term success.

You need to be able to consider a set of variables that you can make an informed decision on.

Spread betting the markets works differently because you are trading a trend by following the previous prices.

If you only looked at making 20% profit each month from short priced fixed odds, then after a year your bank could look like this.

Value Betting

Conclusion

There can be value in short priced fixed odds betting. It really boils down to your knowledge of the markets, and sometimes your research to predict the result more accurately that will increase your strike rate.

That said, you can still lose easily enough. Although thinking longer term and using a sensible betting bank will help keep thing profitable.

 

 

 

 

One mans loss – Samsung Stock

Samsung

One mans loss is another man’s game… very true. That also is true when it comes to trading.

You will often find that occurrence in various market sectors [often commodities] Gold could be down and corn could be up as a hypothetical example.

Samsung Saga

I have been following the samsung saga and expecting a really big slump but that hasn’t happen as yet… even though the price is down.

Sometimes though, trading a stock that has so much negative press doesn’t result in a free fall move that you are expecting.

That doesn’t mean that the benefits cant be seen elsewhere in the market.

I emailed Vince this week and asked if he was going to sell samsung ? He explained to me that in these situations it can be wise to trade the competitors stock.

That made perfect sense to me.

Stocks don’t always do what you think they are going to do, that’s for sure. All the charts, indicators and even seasons can be in place and the move you think is going to happen doesn’t. 

Trade the competition

apple

But in these scenarios where a company is facing some sort of catastrophe… as Samsung is with their mobile phone recall, you can look at trading one of their rivals as money can flow into the rival stock as it will be seen as a more stable option.

In this case we can look to trade Apple over Samsung.

I do like the look of Apple anyway, and this could be a somewhat super safe trade [if such a thing exists] so I’ll be looking to trade and profit on this.

You can actually trade some shares on binary now, even though only on the short term, it is a way to get some exposure to the markets and practice. You’ll know your total profit and loss in advance also. 

Vince Stanzione at The Business Show

Vince Stanzione at the business show

The business show is here again at the Olympia London. If you haven’t been before then it’s worth a visit.

For all that is there, I always find only a small percentage [in my opinion] will actually be worth going for. But… it is that percentage that you can take a tremendous amount from. So don’t be put of at the size of the event.

In fact you could probably apply the 80/20 rule to the show. 80% of the show not so relevant to you, 20% of the show right up your street.

Vince Stanzione at The Business Show

As you know, I have been there on a few occasions. And I am not being bias when I say that Vince Stanzione has one of the biggest audiences there.

There are people sat on the floor in there for his hour slot and at least 6 deep standing outside of the presentation area. why? Because this quiet multi-millionaire trader that you’d probably never notice if you walked past him on the street springs to life with passion and delivers an enthusiastic set on how to start making money from home.

Also, if you are thinking of learning to trade or indeed have already started then you’ll also get a chance to speak to him face to face.

In my opinion they need a few more genuine entrepreneurs like Vince there.

In saying that [my little grumble above], you can get a good idea of what is actually going on currently in the business world by walking around the stands and the show can help you create ideas for your own niche business.

Avoid the Hype

2 minute traderDon’t buy into the hype presented there though. The old hat marketing funnel guys like booking line have stands there.

They’ll be Giving away self published books that teach you how to make money doing something that they’re not doing… Giving presentations and pretending to cry all in a bid to convince you that they are genuine because they give to charity. You get my drift!

As it happens, talking about old hat marketing guys, Tim Lowe has bought out a new product called 2 minute trader. Same old, same old promising riches from horse racing trading from bets that cant lose.

Wasn’t this done like 10 years ago? YES… but marketers reinvent the wheel all the time. Last year Tim Lowe was selling football systems, the other month a programme to convert websites to mobile friendly versions, now it’s horse racing.

This is the difference from decent business men like Vince Stanzione and wobbly sales men like Tim Lowe.

Vince has been selling his system for decades. He hasn’t gone from spread betting to poker systems, racing, roulette and so on. He doesn’t offer the next new fad.

That is building proof that something works long term. He is a master of his trade [no pun intended]

2 Minute Trader

Anyway, back to 2 minute trader… the system might work for all I know, in fact I think that I’ll buy it and test it. If it works I’ll let you know, but even if it does I’d be surprised if it is anything new.

At least by doing this I’m not just slating a product because I’m not keen on the marketers behind it.

I’m going to give 2 minute trader a chance. If it is genuine and Tim Lowe can help you make profits from horse racing then you can buy it after the review.

Get Tickets to the Show

So if you fancy a day out, Vince is on at 4pm on Friday 18th November Tickets are free and you can get them here.

A Trade from Vince

I mentioned in my last post that I was going to ask Vince if I could offer my subscribers a trade from his mentorship site. Well… he said yes, so I will send that out to you Monday.

 

 

 

US Election Trading

US Election

I can’t  believe that we are only weeks away from the seasonal signal trades from Vince… Then comes Halloween, Bonfire night and Christmas.

It’s funny too, that the seasonal buy signal is now part of my yearly calendar.

A Trade for my Subscribers

I will be opening a few new trades this coming week. One is a recommendation from Vince and looking at it I can totally see where he is coming from. There’s no sure things in this game, although if ever you could be certain of a trade going in the right direction for you then this might be it. I don’t mean put your house on it, but it’s a good strong opportunity.

Vince has traded various stocks in this sector… you can spread bet them at IG.

Also, I’m going to ask if I can share the information with my list of subscribers. Now this is a long shot… I have no idea if he’ll agree… but if he does then it might be Christmas come early for those that act on the information. Also, from your profits you can buy Vince’s course so essentially you could get the course for free.

As said though, I’ll see what he says.

US Election Trading.

The US elections are almost upon us. Regardless of the outcome, it should bring a bit of steady direction back into the markets.

S&P 500

Historically, the S&P 500 has had only 3 negative years since 1928 during election years.

In fact this year we have seen the S&P up just over 5.91% to date.

So, a simple little flutter on the S&P in comparison to your returns from the bank leaves them[the banks]… well nowhere near.

If 5% a year doesn’t float your boat then you need to get your expectations in check. Although some trades can and do make far more, it’s a great return for not doing anything and having limited knowledge of trading the markets.

Realistically, if you had just half a dozen positions all returning on average a very conservative 5% each year, you could clearly see the benefits of slow steady investing over cash in the bank.

 

screen-shot-2016-09-24-at-14-48-33

Amazon Sales

I’m building my brand, slowly but surely. In fact, I will eventually have one main brand on Amazon that will then have smaller brands beneath it. So different areas and niches will be branded differently but will all be part of the same group.

The first products listed for sale have been great for getting started and learning the Amazon ropes. These first products are not consumables but they will in future help build brand recognition as we [my partner and I] will have our company logo printed on non consumable products too.

Finding consumables products to profit from is a little harder to do so than finding normal physical products, but the rewards are far greater on consumables in the long run.

Having this mentality will be key to growing the business. We are also going to start another blog that will eventually feed the sales on Amazon.

Football Trading

There are literally hundreds of offers each week for football betting from the various bookmakers.

Accumulators, flat bets, goal scorers, overs, under, correct scores… you name it, there is a no risk offer connected to it.

Arbing these offers might not make you rich but you can absolutely make an easy £20 a day doing them. £600+ a month tax free for a few minutes work each day beats working your rear off doing something else that takes far more effort and time. Think about that.

If you haven’t got it you can get profit maximiser here. It’s the most reliable form of sports betting profits around and you don’t need to rely on any tipsters to do it.

If you wan’t to start your financial spread betting journey you can get Vince Stanzione’s course here.

The One Thing Review

The One Thing Review

The One Thing Review

As you know I have been reading the book The One Thing.

As I approached the final pages yesterday evening, I really appreciated that the book had found its way to me that I knew I had to give it a separate review as I’m sure you will benefit from reading this.

 

So what’s so great about The One Thing?

It’s in a league of its own is an understatement as far as business/self-help books go. I understand that that’s a bold statement indeed but it is.

The book focuses on your one thing… the one thing that you can do that will help you achieve all that you wish to achieve.

It goes on to show you that by focusing on this one thing, that all the other areas of your life related to this one thing fall in to place.

It’s one of those eureka moments that you occasionally get in life.

Reading it you will notice your brain agreeing with the teachings with a, ahhhhhh yes it’s true, you have been trying to achieve so much that you have achieved less that you should have or could have.

When you realize this it’s like a moment of true enlightenment.

It’s like this “at last, this guy truly understands how to help me get what I want”.

 

Remember Slight edge?

I mentioned a book called slight edge a while ago. You can read the more here

Slight edge was a good read, and is very true fundamentally. But slight edge was incredibly repetitive. Slight edge did not need to be so many pages long. 75 pages were ample for that book in my opinion.

The receptiveness was boring… even though it certainly sunk in.

However, The One Thing was indeed repetitive in pressing home that you need to concentrate on one thing to achieve more, but I never became bored with the notion.

I think that because I knew before even finishing the book that this concept of The One Thing is/can be a real game changer hearing it mentioned so often only served as encouragement to finishing the book and start practicing the teachings.

 

The One Thing Review – Researched and proven

The author really knows how to use this concept of the one thing and how it will help you in creating and reaching your goals.

It’s not the same old rehashed techniques that have already be proven to work. The book is not a new take on the old theories.

The One Thing has been put to paper after being used successfully over years and years by the author.

What becomes clear about the author is that he is passionate about the idea. He truly believes in in it, proves the teachings of it and explains clearly how you can use the idea in any area of your life.

There is also a website where you can learn exactly how they researched the content for the book. This is really useful should you find the need to dig into any particular area more thoroughly.

 

Will benefit any area of your life 

As I was reading through the book, much of my imagery was focused around using the techniques for business and profits… But I also realized that I can easily use this approach in the gym, the home or even really unique personal goals like teaching my dog to do new tricks.

 

What is the concept?

Thinking BigThe One Thing focuses [very briefly] around asking yourself what the one thing is that you can do to that will make anything else you do secondary.

It is by asking this exceptional question that you will come to answer with and exceptional reply.

Thus helping you achieve extraordinary results.

It’s really very clever and brilliantly sound advice.

 

Thinking Big

Thinking big is nothing new… In fact there is the classic book titled “The Magic of Thinking Big”

However, the author offers the unique approach to thinking big as ‘Think Big, Go Small” It is in essence an easy way to achieve your goals by using the domino effect.

It’s like, once you reach your first small goal on your way to Your One Thing [big goal] that this process will start the knock on effect with your results.

But here’s the difference…

The author goes onto highlight why reaching your one thing is the start of the journey to truly extraordinary results.

It’s not like… OK you’ve reached your goal… now it’s time to set another.

It’s more like, OK you’ve arrived at your destination now you need to get to the best place in the destination.

One of my favorite quotes from the book sums up the overall idea like this. The author makes you realize that to get what you want from life you need to continually do what matters most…

“If you do what matters most then everything will make sense. If you don’t know what matters most anything will make sense”

He goes on to say that “when you clear the path to success… that’s when you consistently get there.

That’s good advice… and it’s truly concentrating on your one thing that makes all else possible.

In Summary – The One Thing Review

Amazing Book… absolutely a must read if you are serious about achieving more.

Final Quarter – Trading Volatile Markets

I’m back from a well deserved rest. Although different to other years as we stayed in the UK, it was still nice to not pressure myself with having to do things computer, blog or trading related.

Obviously I kept an eye on the markets as did I my fledgling Amazon business but that was it.

I did start to read my paperback… but as I found it so amazingly interesting it did keep the cogs of my brain turning.

So I bought myself another paperback [my favourite Science fiction and fantasy book called Magician] and relished every page.

So what’s in store for the run up to December?

Well, I will be modifying and creating some day trading strategies and will get them into an actual trading system for the start of the new year.

Vince Stanzione

As always I’ll be waiting for Vince to give the buy signals in October as that’s a staple of my trading activities. You can read more about that strategy here.

Vince also thinks that the markets will be volatile in September. whilst i have no reason to disagree with him, I still see plenty of opportunity to trade and indeed make profits.

How to Profit Trading Volatile Markets

If you factor in the predicted volatility when you are trading, you’ll see that you can still easily make money from the markets.

One way to account for this volatility is to lower you stakes by 3/4 and only use a single moving average as entry and stop loss. This will help reduce your stress levels when trading as you shouldn’t panic to much if a position goes against you sharply. 

  • So if you are trading £10 go to £2.50
  • Use a really simple strategy like trading the 200 day SMA
  • Go long when the price is above the 200 day simple moving average
  • go short when the price is below the moving average.

That may sound too easy… but don’t knock it. You’ll be following the trend, accepting of any volatility because of your smaller stakes and be on the right side of the price most of the time.

Trading volatile markets

Always opportunities to trade, but wait and try to take the best ones.

Whatever is happening in the news or world there will always be [for the foreseeable future] a price in/on the stock market.

Yes we have elections, brexit, immigration issues… but we also have growth, strength and the world of opportunities called the internet. All these factors are what makes the world go round.

Another way to look at it is, it’s these types of factors that ultimately create the market price.

Making money from the markets is all about waiting.

I’ve said it before, the money is in the waiting and it’s one of my favourite stock market quotes.

You need to wait for the right trade to present itself. And once you have found the right trade you then need to wait until you have taken as much profit as possible. And that also stands true if you are trading volatile markets.

[Just thinking about it, thats a great name for a book on trading “PLAYING THE WAITING GAME”]

Anyway, there’s always going to be up’s and downs during the waiting, in volatile conditions or not. You just need to go with it and you’ll be fine.

10 years from now.

Vince Stanzione advised all that were at his seminar that we should be planning our financial strategies for over the next 10 years.

It’s good advice.

But why is this considered to be good advice?

Well, because of time. Changing your perception of time when it comes to creating wealth [and most other goals] can become your biggest of allies.

Chipping away with a sound strategy over 10 years and reinvesting your profits will likely see a much better result than trying to make your retirement fund in a year.

Creating wealth is a journey, it takes time. And I assure you that if you don’t take action, a year from now you’d have wished you started today.

A year from now

Think Longer Term for all Business Ventures

That goes for any business that you are in or thinking about.

My new Amazon business is something that I can really get stuck into for a duration. It is in itself a trade that i can add to and build upon. I use my profits to buy more physical stock.

The value of that stock might not go up and down in price like it does trading the markets, but it is still stock I own.

With one of the products that I have started on amazon with, I have sold nearly all my first 100 units that I ordered. I used the profits from the sales to buy 200 units more.

This equates to having turned my initial investment of $300, into physical stock worth $2900 [sale price is £10.97]

How much I can turn that into will obviously be limited by demand. But once I reach that demand level I will buy other products with the profits and then rinse and repeat.

Some products I buy might not sell so well, others will sell much better. Over 10 years of doing this how many products will I have that are making money? Lots hopefully.

Amazon has been growing over the last 20 years, I truly believe it’s going to be here for at least another 10, 20 and beyond. I’m happy to use a 10 year strategy on this

If the stock market disappeared tomorrow

If the stock market ceased to exist tomorrow I’d still be in business with this approach… vice versa I’d still be in business if Amazon disappeared tomorrow.

And if they both disappeared on the same day then I think there’d be much more to worry about than making money.

So in summary

If trading, follow the trend, use 1/4 sized stakes and keep it really simple, buy over the 200 day SMA and sell below the 200 day SMA as an example.

And if building any sort of trading portfolio or physical business, remember that in 10 years time you’d of wished you had started today.

  

De Stress – Chill out with a paperback

I love reading. Always have, as my partner has too. But I can’t remember the last paperback I read. That’s sad really.

Times have changed, sure. But I do so much reading on my iPad nowadays that buying a paperback seems almost a forgotten option.

I thought just the other day that I’d buy a kindle for outside reading as the screens are better than the iPad screens in the sun.

Poor old books…no, I really mean that. So I have just ordered The One Thing in paperback.

Do you try to do too much?

I found out about this book from a guy that runs a blog about selling on amazon. His podcasts are brilliant as well. I’ve chatted to him by email and he really knows his Amazon business. All his content is free so worth checking out.

As said, I almost bought the kindle version of this book but refrained from doing so. [I’m glad I did].

The book is about concentrating on one thing [unsurprisingly] at a time and to keep going until whatever it is that you need to do is done.

It goes deeper into how to shut out everything that is irrelevant to the cause and just focus on the one objective.

It sounds like the book is about removing all the unnecessary junk out of our lives and concentrating on the most important single goal effectively.

From what I can understand it is not just about business, the strategy can be used in any area of your life, health, wealth, relationships and more.

I’m looking forward to reading this.

Take some time out to De Stress

De Stress

It’s OK; I’m not going to start to preach on to you about anything. I’m just going to give you some very interesting scientific facts about the benefits of meditation.

Stress, far more than just a headache

It’s no secret that stress is affecting us negatively. In fact some say that stress in its many forms can be fatal.

Yes we have all heard about it and know when we are really stressed, but how well are we dealing with it?

I read this article recently about the benefits of meditation; they claim that the huge rise in depression is a direct result of all the stress. They go on to claim that meditation is just as effective as some anti-depressants as a solution to depression.

Is it things like exchanging the good old paperback for the iPad and the amount of other nonstop entertainment devices that we have today that is subconsciously stressing us out?

Makes me wonder if we are dealing with stress most of the day?

My Advice

So it is my advice in this post to remember the enjoyment of reading a paperback and pick one up this summer.

Also check out meditation… there are so many benefits from doing so. Ironically there are many apps that can help you get started.

My partner is into hypnosis and meditation seriously. He always says he feels better for doing it regularly [meditate and hypnosis]. In fact he says he almost does it naturally now. He says it’s like reminding yourself to stop thinking.

Holidays

We are going to be having some holiday time now for a couple of weeks.

I’m going to try and not think too much for the next fortnight. I’m looking forward to it.

Haven’t booked anything abroad, but we shall be along the south coast at various stops. The UK has some fabulous places to visit. Plus the thought of driving to the airport, queuing, checking in and everything else is that goes with summer holidays is, well, it’s stressful.

Read some Trading Books

Also might be an idea to take some time to swot up on your trading over the summer if you are still looking to get started.

With the US elections almost upon us, I think there will be some good trading opportunities after the results. I think Hillary will get in… If so, the world is essentially being run by women… May, Merkel,Clinton. Girl power.

Anyway, have a great holiday if you are having one and I’ll update with anything super worthwhile if it can’t wait or anything amusing that I just have to share.