With the year coming to an end, it’s almost time for “new” resolutions. Most of us know all too well the old age resolution “hitting the gym” / “getting back in shape” which maybe last for 1-3 months max then go back to our “normal” daily routine. The following table shows the main categories for new year’s resolution.
If you add Living healthier(23%) + Personal Improvement (21%) + Losing weight (20%) this accounts for nearly 65% of ALL resolutions across the nation. That’s a staggering number, hence why all health products are making so much cash throughout the year. It’s literally a gold mine if you are a product reseller with a trusted brand.
In 5th place stands “Financial goals” which I thought would be at least in 3rd place considering more than 80% of US population is actually in debt and living well beyond/above their means. I guess you could say money becomes secondary if you aren’t healthy enough to earn or enjoy it. However… If you don’t have the money to pay those medical bills and prescriptions, how can you get out of this situation? How can you treat yourself to the doctor in order to become healthier if you don’t have the means in the first place to go see a doctor? At the same time, the healthier you are, the less chances you are to go see a doctor…
In 9th place you have “Stop smoking” which I am now close to 2 months clean. I have to say it was much easier than I thought, minus all the random headaches which lasted for a good month. Haven’t had any headaches for a while now that I think about it. On the flip side, I go to bed much earlier. I used to stay up till 1:00-2:00 AM now I’m in bed usually by 22:30 on weekdays, or maybe I’m just getting old and loving these moments of doing nothing in my comfortable bed, just chilling and relaxing while watching some stupid comedy TV-show on Netflix.
Speaking of TV-shows, lately I have been watching re-runs of a show called The Ultimate Fighter, where 14 aspiring UFC MMA fighters get together and fight each other through several rounds until you eventually end up at the final and the champion wins a UFC contract and 250,000$. With 14 aspiring fighters, they will be split into 2 teams with both teams having their own coaches and trainers, who are usually current champions or previous champions and belt holder in their own divisions, so you know they are being trained by the best guys you can find in the sport.
I personally don’t like to see men fighting each other, it reminds me of the gladiator days where you basically fight to death for your freedom, since most gladiators were slaves, only this time you basically purposely fight another and cause tremendous amount of damage and sometime permanent damage just for money… How can you go and kick or punch someone till they drop on their knees and causing serious damage just for money… There’s gotta be another way you, as a human being, can make money without having to injure someone else… A garbage collector or city bus driver makes more than the average UFC fighter make in a year.
However, I have to give my utmost respect to these guys for the amount of dedication they put in their craft. These guys are beasts. They are always at the gym doing either cardio or training and learning new techniques, 7 days a week. It’s quite impressive to see them putting all their time into their craft. The amount of physical and mental energy required to keep up with this lifestyle is very intense. Imagine getting beat the shit outta you for 15-20min straight, broken arms, knees, shoulders, ribs, you name it, and once the fight is done, you ask for more and basically go back to the gym and hope you don’t get your ass whooped another time at your next match-up. Not to mention, most of these fighters don’t have jobs or revenue until their next match with the prize money not enough to feed a family, unless you are a famous UFC fighter with lots of publicity and endorsements. Most don’t get this far.
This brings me to my resolution, what would happen if I put the same amount of work and energy towards trading? All I have to do is wake up early, do a 1-hour daily routine before the market opens, read some news than look at potential setups for the day/week and repeat the next day. Sounds much easier and safer as a way of living and earning. The only thing which would prevent me from doing this is lack of discipline. Not many world champions become great by casually cruising when they feel like it. All world class athletes and champions are able to perform at this level because of pure discipline and dedication.
If I want to quit the corporate world within 2 years from now, I must start applying these same concepts on a daily basis. If you had the chance to make well over +200,000$/year and growing by just reading news and looking at charts rather than getting beat up with possible permanent damage, would you take the opportunity? Seems much easier…