The Power Of Compounding ft. Alejandro

In episode 219 of the Desire To Trade Podcast, I sit down with Alejandro to talk about the power of compounding. Compounding is a great tool that has been used by legendary investors and the richest people in the world to grow their fortunes. Compounding is best seen over long periods, but in trading, there are more ways to compound your returns and grow your capital.

In this live recording, we will be showing you just how much compounding can change your trading results in the long run. We will also show you ways to increase your account even faster using other people's money and we will answer your questions about trading.

Ready...?

Let's get started !!

 

>> Watch the video recording!

In This Episode, You'll Learn...

• A quick background of Alejandro, our DesireToTRADE partner 00:17
• 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 (frow 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

• Grow your Trading Capital
  • Earn up to 100K USD in Trading Capital by taking the FTMO challenge. (Use our link to get a 5% discount) 
  • The5ers (prop firm)
  • AxiSelect (a trader funding program of AxiTrader)
• Mentioned Videos:
  • How to Draw SUPPORT and RESISTANCE Zones: step-by-step approach!

Charts and Images discussed

 

BB R Algo Portfolio Backtest Results 18:30

BB R Algo Portfolio Compounding Backtest

DesireToTRADE's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • AxiTrader (use our link to get a special bonus)
  • SCM (Scandinavian Capital Markets)
• Desire To TRADE Academy

About The Desire To Trade Podcast

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Where to find Alejandro Pérez!

• Email
• Twitter
• Desire To TRADE Academy

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!