Online Forex Trading Course
#651: Your Health Could Be Ruining Your Trading
Your Health Could Be Ruining Your Trading Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Attend my Free Masterclass Click Here to Download Dr Joe Jacko’s Health Cheat Sheet #651: Your Health Could Be Ruining Your Trading In this video: 00:03 – The relationship between health and trading. 01:15 – Dr Joe Jacko introduction. 03:23 – Are doctors and the medical industry to blame? 05:15 – We’re not taught to think for ourselves. 07:55 – Self-educate yourself and do your own research. 13:37 – Food – the good, bad and the ugly. 17:35 – Physical work and exercise. 20:12 – People still follow and trust the mainstream media. 26:05 – Health cheat sheet – link is in the description. 30:38 – Priorities and how you spend your money and time. Andrew Mitchem Hey there traders Andrew here at The Forex Trading Coach. The relationship between health and trading. Do you know in 21 years have been a full time trader? I’ve never seen herd watched a video or a podcast or seen an e-book ever about health and how it relates to your trading. Now, a few weeks ago, I received an email from Doctor Joe Jacko, who’s been a doctor in the US for over 36 years. [Intro Jingle] His methods and his beliefs in health and well-being a massive. And they align with the way that I think as well. It’s something I think is underestimated. And as mentioned, I’ve never seen anybody talk about health and how it relates to your trading, ever. So I jumped on the opportunity to have a chat with Doctor Joe. And I think you’re going to be fascinated by it and our beliefs and how it can help you as a person with your overall health, mental fitness, well-being and how it can relate to your trading success. So let’s jump into it right now. This is weekly video and podcast number 651. It’s Andrew here at The Forex Trading Coach. And something different for you today. Dr Joe Jacko introduction. Really excited by the chat we’re going to have today with Joe Jacko from Columbus, Ohio over in the US. Joe’s a physician and medical doctor. And we’re going to be talking medicine and banking and finance and talking about the press, things that have happened over the last number of years and how we can help you to potentially think a little bit differently to help you with your, your medical and your financial situation. So welcome along, Joe. Great to have you here. Dr. Joe Jacko Yeah. Thank you Andrew, I appreciate the opportunity. Andrew Mitchem Yeah. Really looking forward to this because I think we think a line on on many things in life. Joe where. Dr. Joe Jacko Would you like to start? Like, hey, before we start, can I just acknowledge your work that you do and bring in timely financial matters to your listeners? Andrew Mitchem Yeah. Cool. Thank you. Dr. Joe Jacko I appreciate that appreciate it. I hope they continue to give you a good rating so you can continue to do that. Andrew Mitchem Yeah. Look, I mean we work hard to make it work for people. You know, we’re real people. We don’t pretend that we’re in some high rise in London or New York where I’m stood here, you know, shorts on, no shoes on, talking to you here, dressed up at the top to make it look a little bit more professional. But, you know, we’re real people doing real things. So that’s why, you know, I think it works. We’re not we’re not pretending to be something we’re not. Yeah. Joe, maybe if you could give everybody a bit of a background, over what you do, what you found, and what you’d like to discuss in this video and podcast. Dr. Joe Jacko Sure. Well, I’m starting my 37th year in clinical practice. And in addition to practicing, what I primarily do now is try to help patients navigate the medical information landscape. I think we all know that there’s some misinformation out there, and I also help patients try to regain control of their health by helping them ask questions of their doctors so they get the most complete information. Okay. And interesting enough, you know, some of this misinformation out there, it really comes from the profession itself. And people may find it surprised to hear that from a physician or a doctor. But it’s taken me about two thirds of my career to come to that conclusion that sometimes we in the profession are the problem, right? Are doctors and the medical industry to blame? Andrew Mitchem Was there any one particular time or point something happened that made you kind of change? Dr. Joe Jacko Yes, there are three. So I wrote a book that kind of goes over all this and it’s called bamboozled, duped and hoodwinked. The keys to escaping the tricks, deceptions and the half truths of the medical industry. And I point to three incidents in the in the book. So one was fairly about halfway through my career. I was given a talk on anabolic steroids. And as I researched, did I realize that a lot of what we were taught as physicians was not complete and that these steroids, although, you know, I don’t encourage their use, they weren’t nearly as dangerous as we were being taught as physicians. And we were in turn trying to scare our athletes from using it. And then the third incident was really had to do with Covid. And I just really thought we went off the rails in terms of our ethics. And I had a hard time following the crowd on that one. Yeah, yeah. Andrew Mitchem Me too. Dr. Joe Jacko And that’s that’s what prompted me to write the book. Andrew Mitchem Yeah. Interesting. That’s really interesting. You talk about book, completely different type of topic. But years ago I thought and I said to my wife, I want to write a book called The Ants and the bees. And the reason I wanted to record it, the ants and the bees, is because you get the bees ordering the hard work. The ants order in the hard work, and they’re all following that pattern, that routine. And I think within society today, more especially now than ever. And like I said, a lot of people kind of woke up during the Covid era, both on that financial and that medical side of things. Everybody just blindly follows what the press say, what the news says. And I don’t know whether it’s they don’t have time or they don’t want to know in terms of looking elsewhere. We’re not taught to think for ourselves. Dr. Joe Jacko Right. Yeah. We’re kind of taught to I think we’re all taught to just kind of blindly follow our leaders and our authorities, and we need to take some time and take a step back and really think for ourselves. And in fact, in the book, I dedicate the book to the independent thinker. And I think that’s the audience that you’re appealing to, the person who will question things and come to their own conclusions. Andrew Mitchem Yeah, that’s right. And in finances as well. Like I remember as a kid growing up on the farm, a parent’s used to get like the bank manager coming back in the day when the bank manager turned up at your place and they said, this is what you need to do to get to retirement. And, and I was thinking, even like at ten years old, I was sitting there thinking, that sounds boring. You know, you’re working and working and working in the hope that you get to 60 or now it’s probably closer to 70. And these days most people are not in a good physical condition. Time to get to 70 to actually go and enjoy that life. And I thought. Dr. Joe Jacko Yeah, we’re kind of caught between our age, our, our health and our wealth, and rarely to all three of them lined up to take advantage of the situation. Andrew Mitchem Correct. And I think there’s a mindset thing as well. You know, there’s a whole, you know, that whole rat race going on and people are just getting more and more sort of blindly following what they have to do. You know, they get up because of their llamas. They’re so to go to work for someone else, to sit in traffic, to dress really nicely, to please someone else, to come home. And it’s dark. The kids have been looked after by someone else. They’re tired, they eat rubbish, they go to sleep and repeat and it’s like, surely there’s a better way than this. Dr. Joe Jacko Yeah, we’re definitely in a rat race, and I’m sure you probably want your listeners to get their money to work for them instead of them working for their money. Andrew Mitchem Yeah, you’re right. And there is that about it. And there’s also the fact that they need to, you know, people want to become independently, you know, sort of able to do this. I think that’s one of the things it’s like, well, if you hand your money over to someone else or these days a robot or AI or something like that, and even if it makes you some money, there’s no mental stimulation. There’s no like, you know, I will say to my, my traders, you got to control your head, in your heart in trading because obviously it’s finances and emotion. But also I think the positive is if you know what you’re doing and you can invest for yourself and you get a good outcome, how good that makes you feel, because you know, you can continue to do this. Whereas if you hand your money over, you don’t know what they’re doing with it. Is it? You know what happens when results start going against you? You start getting a bit nervous. Self-educate yourself and do your own research. Dr. Joe Jacko Yeah, you want to work with expert, but at the same time, I think you really want to self educate yourself on regardless of the topic, so that you know what questions to ask your experts, whether it be your financial planner or your your physician. Absolutely. And yeah, you need to be well educated. That’s one of the things I really encourage with my patients. And in the book is everybody’s got to do their own research. Yes. So that, you know, what questions to ask your physician and make sure you’re getting all the information you need. Andrew Mitchem Yeah. I mean, I see the, you know, the supposed healthcare system as not health care system. It’s like, you know, its appeal system and it’s a money system, right? Whereas there’s so many other things that people with a little bit of simple research could go and do to go more natural or look after themselves physically and mentally. I find that with the trading point of view is that, you know, mentally you need to be alert. Obviously, to do this properly and physically you need to be in good shape because, you know, a lot of people are sitting at a desk all the time, and I think it’s really important that you don’t sit looking at like from a trading point of view at charts all the time. You make your decision. Place your trades, shut the computer off, walk away, do something else. And I think that whole work life balance can be a, you know, achieved once you know what you’re doing, right? Dr. Joe Jacko Yeah. Need some balance. Definitely got to quit sitting as much as we sit. Andrew Mitchem I’m standing right now. Yeah. Dr. Joe Jacko Well I’m sitting. Andrew Mitchem Yeah, no, I stand. I like I said to you, you know, before we started, I wear my blue light blocker glasses at the screen normally, you know, we try to do all these things to look after our health. And what would you suggest in terms of maybe some, you know, tips and tricks for information of people, what they can do to look after the health, maybe differently to what they’re doing now. Dr. Joe Jacko Well, you know, we we tend to make everything more complicated than it really is. And a lot of the best advice are things you, grandmother or great grandmother probably told you in terms of getting some exercise, eating moderate eating, a well-balanced diet, handling stress, getting adequate sleep. And so that’s those are the things I would really focus on are more lifestyle. Now there’s a role for medications and there’s a role for supplements and other types of modalities. And what you really need is a physician or a provider that has a little bit of background in, in all these things, so they can steer you in the right direction for your particular problem. Yeah. One of the problems in the healthcare industry is we’re all of us, regardless of our specialty or discipline. We’re all kind of siloed in a certain area. So if you go to a surgeon, they’re going to talk to you about surgery. If you go to an internal medicine doctor like myself, we’re going to talk to you about medications. If you go to an acupuncturist, they’re going to talk to you about putting needles in you. And so, you know, you kind of we kind of select out what what we think we want and that determines who we who we see. Andrew Mitchem Yeah. That’s interesting, isn’t it? You don’t ever really get that full all round health comment. And like you said, how many times do people go to the doctor and the doctor says, oh, here’s a pill for that. But they never say, oh, what’s your home environment like? Or what food are you eating? Or how much sleep are you getting? You know that? How much sunshine are you getting? You know, people very rarely get that. In fact, we’ve been frightened to think the sun is bad for us in most cases, right? Dr. Joe Jacko Right. So, yeah, we have to you got to get a lot of much information as you can from a wide range of people. And so what I do is try to help them ask the right questions. We have a little cheat sheet that we give our patients on like seven questions that you should ask your doctor. And these questions are designed to number one, you want a doctor that’s going to partner with you, which is at least here in the US, is pretty rare. We’ve kind of adopted this model here in the US that I’m the doctor, you’re the patient, you’re going to do what I tell you. And if you don’t, you know you’re out the door. Yeah. And I never really saw the value in that. I think the best care is when you were partnering with you, the the patient and doctor are partnering together, working towards a common goal. Yes. And you know, that requires time. You got to get to know your patient and find out what their interests are and what their needs are and what they’re hoping to get out of their health and their life. Andrew Mitchem It’s interesting. I saw a very well known, I won’t mention his name, British doctor and cardiologist who came to New Zealand a few years ago during the whole Covid times, and he did a complete flip in terms of he was very pro, you know, the medical system. And then he saw what was happening and he changed his whole opinion, and he gave a speech not too far away from me here. And we went to see him. And he said, it’s incredible the amount of there’s a lot of reasons why he thought that doctors are kind of stuck in the system. One is obviously the monetary and the incentive side of things to push certain products. But also, he said, they’re so busy that they just don’t have time to do automated research and, you know, the next person’s waiting and then the next one’s waiting. You’ve got to get numbers through the door. But also, he said that during their training, the amount of time they spend on nutrition and things like that is like a week out of 5 or 7 years. It’s such a small amount of time. Dr. Joe Jacko Yeah, you make a couple of good points. We are so busy doing clerical work, I think we don’t answer up and say, just tell me what to do and I’ll do it. Yeah. So we become these little compliant worker bees. Yes. And so some of that’s our fault though too. So that’s a big problem. So those are two good points that you made there. Food – the good, bad and the ugly. Andrew Mitchem Yeah I thought it was fascinating that he came out with those points. What can people do in terms of like food. You know I was in the States last year for a month on holiday or vacation with my wife. We had some amazing food. I’m a big, you know, barbecue meat eater. I had some great food. And then you look around at some of the packaging food and the volume of food that people have and the man of sugar. And you look at it and you think, my goodness, that’s a that’s a problem. Dr. Joe Jacko Yeah. The American diet is probably not the diet you want to follow. Andrew Mitchem Not really. No. Dr. Joe Jacko And the serving got the restaurants are huge. They’re usually enough for two people. And then you know, we had the World Cup here in the US and we had a lot of people from other countries coming here. And a lot of things they were talking about was the food. Yes. And the servings and just the wise variety of selection. Yet you can get here in the US. Yeah, but our food is pretty doctored up. It’s very tainted and highly processed and manufactured and not the healthiest. Andrew Mitchem What can like. I’m very lucky. We live on 11 acres. We grow our own food as best we can. We live kind of, you know, self-sufficient, mostly. And that includes, like, water as well with rain water and treat it and things like that, you know, grow our own food, meats, etc. but obviously not everybody can do that either time wise or available land. And what kind of things could people do who don’t have that space available to grow some food? Is there a few things. Dr. Joe Jacko In terms of the food you want to eat, things that are most natural state as as possible? Yes. So that means really avoiding the processed foods. There’s maybe 3 or 4 simple tips that I tell with most patients. Number one, chip shop the perimeter of the grocery store and don’t and try to avoid anything the box bad bad can or jar. Yes. Which is pretty difficult. And the other thing really important nowadays we’re learning more about these microplastics. Yeah. Invading like all our live our heart but even our brain, you know, many of us are walking around with a teaspoon of plastic in our brain. Andrew Mitchem Yeah, yeah. Dr. Joe Jacko And so you really want to avoid the plastic? You know, I think we need to go back to paper and glass as much as possible. Andrew Mitchem Absolutely. Glass for storage. Dr. Joe Jacko Right. Andrew Mitchem Absolutely. What about things like farmers markets and organic markets. Oh yeah. Yeah. You know those type of things as well. If you have. Dr. Joe Jacko You know, I don’t know how it is in New Zealand, but in the US, the food labels are really kind of misleading because they have a lot of leeway. So it says, you know, 20g of protein, it may only be 16. And if it says, you know, only 100 calories, it may be 120. And if you know the trans fat thing too, it could be 1%. They can get away with saying zero, those types of things. Andrew Mitchem And so you would be seeing a definite relationship, I’m guessing, between people who are healthy and they’ve got physically, and then they have the mental stimulation to be able to go and, you know, think and work at certain things. Whereas other people who are getting more and more potential beasts and, you know, they’re not thinking with clarity, would there be some kind of relationship there. Dr. Joe Jacko Right, that if if you were to take most patients complaints and distilled into one word, what they want is energy? Yes. And so people who are eating properly and exercising, they tend to have more energy and they’re just more optimistic. And they kind of get into an upward spiral. And people who aren’t exercising and eating poor food, they&#
