Commodity Trading Is Mega Big
The process of people trading things started back around 3000 BC in ancient Mesopotamia. Cities that had an excess of cloth or metal may have bartered for spices and jewelry. The first trading was strictly barter, item for item. Later in the course of history, gold and silver coins were used as a means of purchasing goods or services. Trade has always been about exchanging something that you possess that someone else wants with something that you want that somebody else has.
Commodities that traders have dealt in over the centuries include precious metals (gold, silver, platinum, etc.), foodstuffs (corn, wheat, soybeans, salt, coffee, etc.), meat (cattle, pork, poultry, etc.), and non-foodstuffs (cotton, petroleum, lumber, etc.). Traders today also engage in trading the money currency of one country with that of another in the hopes that the currency that they trade for will increase in value thus making them a profit.
The hottest thing these days however is the trading in cryptocurrencies. Almost all have heard about Bitcoin but it seems that every week a new cryptocurrency appears. Etherium, Litecoin, Chainlink, Tether, Dogecoin, Shiba Inu – the list goes on and on and on. In fact, there are over 12,000 cryptocurrencies today that are available for trading.
With all the traditional commodities, monetary currencies, and cryptocurrencies that are out there, a vast multitude of people are devoting their efforts to making profits through trading in said commodities. There are fabulous successes as well as soul crushing failures. Fortunes are made. Fortunes are lost.
Every Day Of Your Life, You’re A Day Trader
In keeping with the establishment of an ever growing community of investors who are looking to make money from trading, there has evolved the practice known as day trading. This is the practice of buying and selling stocks in a very short time frame, typically within a day. The goal of day trading is to earn a small profit on each trade and then compound those gains over time. If you are making good trades, you will create substantial profits. If you are making poor trades, you can lose your shirt (and pants and socks and everything else as well).
Do you realize that you are an active day trader? Every day you are trading in the most precious commodity on Earth – TIME. When you were born, your account was fully funded. You can only speculate on how much time has been placed into your account. We all have a number and when that number is ultimately called, it’s game over, no more trading. Every single day of your life, you are required to trade twenty four hours of time from your account. Replenishment is not an available option. You have what you have and when it’s gone, it’s gone. Your lifetime account may have less than twenty-four hours or it may have one hundred years. You will never know for sure until your last breath and your balance sheet reads 0.00. Listen – it is to your unmistakable benefit to recognize the precious nature of your time account and trade whatever time you have left with a sharp focus and a determined intention.
Once you became an adult, you became the sole investor for your life’s time account. Just as there are thousands of cryptocurrencies you can trade in, there are thousands of ways that you can trade your time for each day. A certain amount of time for sleep is taken out of your account by Mother Nature. Employment at a job is another big time trade during the course of a twenty-four hour time period. More trading is done for hygiene and grooming, travelling to and from your job, eating your daily meals, engaging in social relationships (family, friends, etc.), purchasing needed supplies, maintaining your lodging and your vehicle, engaging in recreational activities and pursuing your hobbies and interests. All of these various actions involve your choosing what to trade for from your time account. Your life then is one continuous day trading session. Stop and reflect. Have you traded wisely and productively thus far? Have you received a good return on your trading? If yes, good. If no, then realize that that game is not over yet. You still have a balance in your account.
Time Can Buy Riches – Riches Cannot Buy Time
A universal response to the issue of the use of your daily time is that you have no choice. You have to work in order to meet your financial obligations. This includes paying the rent or mortgage, maintaining your vehicle, buying food and other supplies, satisfying the needs and desires of your other family members, etc. Yes, most certainly these things must be attended to but, there is a big “nevertheless”. If you make the “all-in” decision to train your thoughts hour by hour. If you actually prioritize every word that comes out of your mouth. If you take such actions that match up with your manifestation goal. If you zealously nurture feelings that reflect faith. If you hold tight to the beliefs that only acknowledge the realization of your dreams. If you actually use your time to actually DO these things, you can and you will create a fulfilling life reality for yourself instead of being swept along helplessly by the river tide of random circumstances.
The wise and focused trading of your precious time creates for you the riches that you desire, however you choose to define riches. Conversely, no matter how much money that you possess, you cannot replenish your time account. You still have a designated number. When your number is called, it’s game over. Whether you are Warren Buffet or the Sultan of Brunei, you cannot purchase additional time. Treat time as your most precious possession. Let not any hour in your bank account of time go to waste. If you purchased a steak at the supermarket, if you were not ready to cook it on that day, you would put it in the freezer at home until you were ready to cook it. You would not just leave it out on the kitchen table. It would spoil. Start today treating each hour of your life with the same respect. It is the most precious possession you have. Treat it as such. Treat your time as if it were gold. You really will be amazed at the positive difference that it makes in the quality of your life.
Live free. Live fully. Trade your time wisely. The very substance of your life’s reality depends on it.
