What was YOUR New Years Resolution?

The top 2 usually have to do with weight loss and money. I can help you with both...

You might be asking how...

I have several hobbies. From being a lead guitarist that plays in a few bands, to riding my dirtbike, to having a gym in my basement and having studied 'lifting and exercize' for years, to marketing and trading the financial markets (which is what I'm known best for).

What I have found in life is Rule #1 - don't try to reinvent the wheel. You'll just spin your wheels so to speak, excuse the bad pun. Most of what you need to do has been perfected by someone else. Study from them. Learn what they did. Apply yourself in that regard and you'll take the most efficient path in achieving your goals.

Rule #2 - what you focus on grows - limit your thoughts to positive thoughts about achieving your goal. Focus on it for at least 15 minutes every day. Every little positive step you make will get you closer to your goal. There are 365 days in a year. 15 minutes a day may not sound like a lot - but that's over 91 hours focused towards education and improvement.

Compound that year over year, and you're on your way!

Rule #3 - take action! So many people think - far fewer do. I'm a big believer in the law of attraction (what you focus on grows) and that the 'action' in attraction is critical.

So applying that to your weight means simply focus on eating good healthy foods and exercizing. I'm not saying to go out and spend any money. You don't need to join a gym. You just need to take action, walk, situps, pushups, you'd be amazed at how easy it is to get in shape. It just takes time, patience, and always move forward - continuous progression.

Applying that to your finances is also important. Think about it. A friend of mine the other night said to me when I talked to them about improving their financial position - she said "I can't make any more money than I can, I'm working as many hours as I can, and I'm limited by my education as to what I can make per hour."

That is such a limiting belief. You must remove limiting beliefs from your thought process. If you tell yourself you can't - you won't.

In the world of money, there's offense and defense. Offense is what you make. Defense is what you spend. Focus on the defense first. Limit your spending, build your savings and from savings, that creates opportunity.

From savings you can increase your education. You can find other ways to produce income. So many people think a job is the only way to produce income. That's another limiting belief.

From savings, you can start investing.

After you have a sound investment portfolio, you can start trading - if it's something that interests you.

But back to my original point, don't try to reinvent the wheel. Trading hasn't changed since the beginning of time. It's all about psychology - yours and the market as a whole. Learn to understand them, and overcome them. And YOU CAN BECOME A PROFITABLE INVESTOR!

This weekend coming up, I will be teaching my Stock Trading Secrets Webinar. It's designed for newbie investors and traders to help them understand the markets, how the markets work, and also how to understand themselves. Click the following link to learn more and sign up - it's Saturday January 8th from 10am to 2pm:

Stock Trading Secrets Webinar with Jay DeVincentis

Who am I to teach you? I am a stock market timer, I am an investor, I am a professional trader, I have been advising people how to trade and invest for the past decade and have made it my goal to make people financially successful.

Give it a try. It will be your first baby step for 2011 - and a step that will help your overall financial situation for years to come.

Happy New Year!