Compounding is the growth of something over time.
When trading, you need a compounding plan. Not only do you need a compounding plan, you need patience and discipline to achieve your goal.
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In the example above we have used a relatively small monthly gain, a monthly gain of 20% is NOT hard to achieve. Over 2 years, 20% each month adds up to $794,968!
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AMAZING RIGHT?
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The only reason people can’t compound their account is because of greed, people don’t feel happy with making 20% per month. They would rather try and make 1000% gain in a month when all that leads to is a -100% loss.
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REMEMBER, TRADING IS A MARATHON,NOT A SPRINT! 🏃♂️
@CryptoTrades #education #makeacompoundingplan
When trading, you need a compounding plan. Not only do you need a compounding plan, you need patience and discipline to achieve your goal.
⠀
In the example above we have used a relatively small monthly gain, a monthly gain of 20% is NOT hard to achieve. Over 2 years, 20% each month adds up to $794,968!
⠀
AMAZING RIGHT?
⠀
The only reason people can’t compound their account is because of greed, people don’t feel happy with making 20% per month. They would rather try and make 1000% gain in a month when all that leads to is a -100% loss.
⠀
REMEMBER, TRADING IS A MARATHON,NOT A SPRINT! 🏃♂️
@CryptoTrades #education #makeacompoundingplan
The power of compounding is so significant in trading it’s unbelievable.
Compounding is what allows traders to become rich!
It’s not because of the large one day wins they get, it’s long term consistent profits which build up to a point where your consistent profits are just like people’s one day wins!
It’s simple, don’t get greedy, look at trading as a long term business model, not a get rich quick scheme, protect your capital and most importantly, never give up!
@CryptoTrades #education #makeacompoundingplan #compounding
Compounding is what allows traders to become rich!
It’s not because of the large one day wins they get, it’s long term consistent profits which build up to a point where your consistent profits are just like people’s one day wins!
It’s simple, don’t get greedy, look at trading as a long term business model, not a get rich quick scheme, protect your capital and most importantly, never give up!
@CryptoTrades #education #makeacompoundingplan #compounding