The beginning of another day, another week, another month, another quarter and another half… These are some of the time cycles for us to watch to find the market trends to play.
Play? Yep…
We can call it a game but please remember that a game can be very serious. Think about “War Games”. Can’t get much more serious than that. Or think about the study of “Game Theory”. After people study advanced math subjects in college for years, they can then go on to the advanced study courses such as “Game Theory”. They can spend their entire lives studying the complexities of the games that we all must play every day…
I don’t play war games anymore. I don’t have to choose my senior college electives anymore but every day when I wake up, I have to play this game of living life. I can look for trends and cycles to help me pick stocks and maybe I can pick good stocks and make a lot of money. Maybe I can sell my stock picks to make even more money. Not a bad way to make a living but to win at this game, you need more than money. Making money and making a living can be very different things…
Money is just one way to keep score and it is only one of the tools for success.
New stock market “players” will often focus on making money and keeping score that way, but there is so much more to life and “The Game”. Watch all those new lottery winners as they become multimillionaires overnight. Watch what they do with the money. Look to see if you consider them successful over the long term. If you are keeping score money wise, you might score it as a win for them. However if you look deeper, over time, you may not see the long term success you would expect. There is much more to success than just money in the bank. Money is only one tool…
If I learn to spot trends and cycles, I can go on to pick the stocks that fit in with who I am and where I am in this life. If I do well, maybe I can buy low and sell high and make some money. Maybe, instead, I can buy high and sell higher. Then what? Make more money? Buy more toys? Want more money? Execute and repeat… It will pass the hours of the day, put money in the bank and increase my score. Is a big money score success? Not for me. There is more to success than just money…
While I am indeed working to score points on the money scorecard, it is not my highest priority. I am going to the next level as well. If I can learn the lessons of the market and the trends and cycles, I can learn how to choose a good company. Not just to make money in their stock but maybe to get a good job and maybe find a good career. Maybe I can spot a trend and start a new business or a website or both! Maybe I can find a good place to live, one that is good now and will get even better over time. I can choose a course of study to improve my life and the lives of others, whether I am going for another college degree or looking for a second career in retirement. I can choose who to do business with and try to help them succeed and I can choose who not to do business with when I believe they are traveling the wrong path.
Maybe I will never figure out the big stuff but maybe I will figure out some of the small stuff. Should I fill my gas tank this week? Or should I wait and save a few bucks because I know the price will go down soon? Can I see that trend toward the next fad, so that I can buy that great new Christmas Toy early, before the crowd empties the selves. The possibilities are endless, when you learn the ways of the stock market and then look to the markets beyond…
It is all about so much more than just money. Money is a success tool for sure but it is only one of many…
I will be watching the trends that I believe will lead to long term success. My goal is to pass my success secrets on to others, so they can improve their lives and pass it on. Repeating the cycle of success. Achieving this goal is worth much more to me than just money.
If you only keep score with money, then you can focus on stock picks. Pick the winners yourself or pay someone to pick them for you. There are lots of people out there who will claim to help you pick the winners, for a price. Books, classes, internet, TV, radio and more. Maybe they can help you pick winning stocks and maybe even get rich. If money is your only goal, pick the resource that makes you money and enjoy doing business with them.
I don’t sell stock picks and I don’t offer financial advice. What I do is work a day job. When possible, I moonlight, working this second job. I watch the markets and participate in order to learn how to be successful in life. Some of the lessons I have learned, will be found here, to help you.
If you are interested in learning the life lessons of the market and you are willing to work to achieve true success. You are in the right place. I will show you what I have done and why. You will see what I get right, what I get wrong and I will tell you how and why I did it. So you can learn the decision making process. The process is the key to progress. Progress is the key to success.
So lets begin our study of the market and learn the ways of true success together…