Trade The Journey

Trade The Journey

Seasons Greetings

It’s That Time of the year to be generous in our hearts and with our wallets/pocketbooks.


Bright lights and decorations are beginning to appear. We are encouraged to be generous by the media through commercials, movies, and tv shows.

Smiling faces gather around the Christmas tree eager to experience the benefits of someone’s generosity.


Giving gifts is a tradition among many families. I remember one year I almost went broke buying gifts for everyone in the family.

It’s not only the gifts that cost. Its the interest we pay if we use credit cards. That’s also an expense. Interest is an expense because it is the price you pay for the ability to use the money right now.

We also pay for the gas needed to drive to the various locations to purchase gifts. Finally, there’s a food expense if we eat out while completing our Christmas shopping list.

The routine of becoming an eternal optimist usually occurs around the holiday season and provides us all with a burst of energy. Spending energy also increases around this Time.

This is also a time of the year in which we reflect on the past year.


The holiday season could also be an opportunity to prepare for the year ahead by implementing your first-holiday spending plan.

Not only can this be a time of positivity and fond memories, but it can also be a time to make smart purchases.

A lot of stores are stocking inventory in preparation for the season ahead. Although the trade war has had a dampening effect on the outlook of business/retail stores, there will still be excess inventory.


Saving puts the power in your hands to get a better return for your money in the future.

Money saves means choices earned. The best way to stay profitable is always to have choices.

The number of choices of how you can spend and earn a return on your money increase as you increase your income and improve your thought process.


A potential holiday season spending strategy could be to save money in the months leading up to the holiday season.

By becoming a student of the markets, you can identify which sectors/industries of the economy are experiencing a surplus and which are in decline.

Industries in decline could be offering their products at a lower purchase price. Industries that are experiencing a surplus or profitable atmosphere may not be willing to lower the prices too much.

The price they have set is where they are receiving the most value. We have one advantage in our arsenal, Time.

We must wait for the industries/sectors to have a lot of inventory, and then we can purchase at a discount.


All of this leads to the best return for the money we earned to spend.

The holiday season can be an excellent time to make great purchases for the year ahead.


This is one of the many strategies we each should have for every purchase we make. Some will say that’s too complicated and unwarranted for the amount being spent.

While that may be true, how much money would you have to spend before you think about a purchase in those terms?

Maybe a house? A car? Something of that nature.

Would it not be better to practice that thinking every day. Strategizing for every purchase and investment in the present. These decisions add up over Time, and dollars and cents add up over Time.

Every penny contributes to your wealth. Every penny is important. If you scoff at a penny on the ground, you will scoff at an opportunity to invest because of the perceived risk.

But if you understood the principle importance of every cent counting, you’d realize that risk is relative. What is lost can be earned again.

With all that being said, I’d like to give myself a “D” for this past weeks spending. I’ve been quite lax in allowing those trial memberships to turn into monthly memberships.

I formed a more realistic budget alongside a trading journal and a trading plan for the year ahead. You can’t trade without a plan.


In the week ahead, I’d like to work on releasing frustrations without any funds dispersed.

Recently, I begin to compensate for my frustration with spending money on discretionary/unnecessary items.

It felt like the pressure/tension immediately released from my system when I made an ill-advised purchase.

So I’ll be looking to replace the action of spending with a more beneficial stress reliever.

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