219: Grow Your Money Faster With The Power Of Compounding (ft. @alexter6277)

Forex Trading: Grow Your Money Faster with compounding

Grow Your Money Faster With The Power Of Compounding

In episode 219 of the Desire To Trade Podcast, we cover aa very important tool you should use a trader: compounding.

Compounding is a  tool that has been used by legendary investors and the richest people in the world to grow their fortunes. 

In trading, there are many ways to compound your returns and grow your capital.

That's why we're focusing an entire podcast episode & video on that.

We're showing you just how much compounding can change your trading results in the long run. 

And we'll also teach you how to increase your account even faster using other people's money and we will answer your questions about trading.

Do you have any questions or thoughts on this? 

Feel free to reply to this email and I'll get back to you!

>> Watch the video recording!

In This Episode, You'll Learn…

  • What is compounding (the basics) [02:24]
  • Why you should use a growth plan or compounding [5:25]
  • Viewer questions:
    • Would you take a larger risk in a trade with more “confirmation”? [09:00]
    • How much of our trading is algo vs manual? [13:46]
    • What type of % return per month do professionals do? [15:27]
  • The difference between compounding and simple interest and money management [18:30]
  • The power of compounding [25:10]
  • Other methods of “compounding” in trading (grow your account exponentially) [27:09]
  • Etienne recaps the power of compounding in 3 points [30:05]
  • Viewer questions:
    • How to stop missing trades for your trading strategies (discretionary and systematic) [31:10]
    • How do you decide when you are ready to go live and trade for a living [34:16]
    • When trading algos should you modify or stop them for news events or let them run? [40:25]
  • And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Resources Mentioned

Charts and Images discussed

BB R Algo Portfolio Backtest Results

BB R Algo Portfolio Backtest Results [18:30]

BB R Algo Portfolio Compounding Backtest

BB R Algo Portfolio Compounding Backtest

DesireToTRADE's Top Resources

About The Desire To Trade Podcast

Where to find Alejandro Pérez!

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

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219: Grow Your Money Faster With The Power Of Compounding (ft. @alexter6277)