The State of The World

It doesn’t take a genius to see that the world is in a mess. Off the top of my head, a few of the major problems facing mankind right now:

  • Peak oil rapidly approaching (even faster since revelations that the middle east has massively overestimated their remaining supply)
  • Global warming
  • No feasible reliable clean cheap safe energy supply available for the foreseeable future (nuclear fusion looks like our best bet, but it’s a long way off still)
  • Large parts of the world disease ridden and hungry
  • More corrupt governments and regimes that you can count on your fingers and toes
  • Population growing out of control, and…
  • …world food shortage rapidly approaching. The planet is simply too small.
  • The entire financial system is based on a lie, and is on the brink of collapse.

I don’t mean to sound depressing, but we’re in a mess, and it’s going to get a lot worse before it gets better.

The sad thing is, any time there’s a mess, there are winners and losers. I don’t know about you, but I’d rather be a winner. Well, I’d rather there were no losers, of course, but that’s unrealistic. So better to be a winner, and be in a position where you can help out the losers.

Of all the problems above, the world money system is the most pressing. It’s close to collapse, and fortunes will be made and lost. If you understand the issues, you can position yourself to profit from the oncoming storm.

I’ve been researching this a lot, and am taking steps to protect myself, and position myself to benefit from the crisis that is going to happen sooner or later. One of the ways I’ve done that is to join a program run by a guy called Mike. I spoke about him on my Day Trading Freedom video blog, but I think it’s so important I wanted to mention it here too.

Mike made a great video that explains why the currency system has to collapse eventually. I highly recommend watching it.

Profiting from financial collapse isn’t going to solve the rest of the worlds problems, but it’s a step towards surviving, and protecting those you love. And in the end, that’s the best we can hope for. We are after all just animals, and like all other species, only the fittest can survive. Evolution has seen to that!

Stand And Deliver

The office chair is dead! For a long time, I’ve only “worked” in the traditional sense, for a few hours a day. Those hours were in the mornings, as I prepared to trade, and then traded. I was usually done by lunchtime. When trading at home, I have a room set aside, I guess you’d call it a home office or a study. Nothing special, a desk and a chair, the classic setup.

Now though, I’m trading more hours, and that means more time sat in the study. Or it did. But no more, because the chair is gone. I am now working, and trading standing up. I am standing as I type this very post. Why? Well it’s mostly to do with 3PM.

After eating a meal, the body puts a lot of energy into digesting the food it’s just taken on board. That’s why in the early afternoon, you often feel tired. For me, 3pm has always been a roadblock. I feel my eyes getting heavy, and the need for sleep. Previously, this hasn’t been a problem. The freedom of my schedule meant I simply took a “power nap” – in other words – I let myself doze off for ten or fifteen minutes.

Clearly though, this state of affairs is not ideal when trading. I can’t be napping in mid-trade! So after reading how any other people have made the switch to standing desks, I’ve done the same. And it’s been a revelation. 3pm now whizzes past entirely unnoticed. My time spent in front of the computer has become more productive.

Whereas previously I tended to answer emails from customers from the comfort of an armchair, I’m doing those standing as well. My thoughts are clearer, I have more energy, and my mind wanders less.

The first week was not easy, I’ll admit. I walk a lot, but even so, standing still for many hours uses the muscles in the legs in ways they’re not really used to. Shifting the weight from foot to foot helps, and moving around does to. But those first days were still hard.

This second week has been better. And I’m sure it will get easier from here. I’m finding already I’m sleeping better, and I feel more energised when I walk away from the computer.

My wife thinks I’m mad of course. But as I pointed out, people who work sitting down are pretty much a minority. The body isn’t made to be sat down for hours on end. Moving around helps circulation, digestion, burns calories, and keeps you awake and focussed. What’s not to like?

New Book Out

How To Day Trade Stocks For ProfitI’ve just relaunched my day trading course on Amazon’s Kindle.

There has been a version of Day Trading Freedom published through Amazon for a couple of years (which I’ve since removed from their store), but it had never been designed with that platform in mind, so it didn’t flow well. This new version has been completely reformatted to work better on the Kindle’s screen.

The Kindle is a great gadget. And now that there are free software versions available for the iPad, iPhone, Mac, PC, and I think even Android, it really makes it possible to buy a book once and read it on any kind of device.

This new version of the book is a bit of an experiment. It has a new title, How To Day Trade Stocks For Profit, a new cover, and a new price. Right now it’s a gigantic bargain at just $9.97 (the price may be slightly more outside the US as they add local VAT or sales taxes according to where you live). That is most likely to rise very soon!

For the low price, you get all the essential written elements of my Day Trading Freedom course – the two manuals and the two exercise books, fully illustrated, all rolled into a single large volume.

What you don’t get are the videos, bonus books, and access to me to ask questions. Even so, it’s a massive bargain I think.

Loving My iPad

I had to write a short post to say how much I am loving my iPad. It has completely replaced my laptop for all non-trading stuff. It’s the first computer I pick up in the morning – I can whip through emails from customers and friends alike, sending off replies with ease.

During the day, it’s never far from my side. It’s used to check the news, see what’s on TV, and to watch the odd film every now and then. It has become my radio, and has also replaced my ipod when in the house. I can manage my bank and trading accounts from the amazing browser. The Pulse application makes it a joy to scan through all sorts of websites I used to visit individually.

In the evening, I find myself reading books and magazines on it. And then it’s also perfect for showing holiday snaps to friends. I’m not  a great fan of games, but I do like a round of pinball every now and then, and Flight Control has me addicted.

But by fat the best aspects about this thing are that it switches on instantly, and I never had to think about charging it, it never seems to run out. It gets used all weekend on a single charge, and then gets charged up on the main computer on Monday morning.

When I use my iPad, I feel like I’ve been transported into the future!

Taking Things For Granted

StormI’m staying with some friends for a week or so. They live in the sticks, really in the middle of nowhere. It’s making me realise how much I take for granted – like electricity for example.

We’ve just had a major thunder storm, and the electricity went off. For hours. I get power cuts at home, but they are pretty rare. My hosts tell me that it happens here all the time several times a week!

The other thing that is striking is the effort it takes to go and buy anything, be it a loaf of break, some milk, or a beer. Being so far from civilisation means any such trip requires some major pre-planning.

On the plus side, I don’t remember feeling quite so calm and relaxed in a long time.

Steal My Articles

I have written a number of articles about day trading, that do not appear on my own blog or website. You can get these trading articles here.

The articles are available for reproduction, which means you can take them and publish them on your own website, blog, or newsletter if you wish. There are a couple of rules, including leaving an attribution to me as the author, and a link back to my website. Full details are on the article site.