Ep46: Feed Your Account

We thought we would sneak a half money-management/half psychology episode in where we felt it was appropriate.  But these tips can make a gigantic difference in your overall account, and your quality of life.  How much difference?  Robb says double.  VP is a bit more skeptical.

 

Follow along with Robb's example below:

 

1. Math 
   1. Trader A - Starting Account $10K, 24% yearly return, no money added
      1. 1 year - 12682
      2. 3 years - 20398
      3. 5 years - 32810
      4. 10 years - 107651
      5. 1M in 20years 9 months
   2. Trader B - Starting Account $10K, 24% yearly return, $200 mo. added
      1. 1 year - 15364
      2. 3 years - 30797
      3. 5 years - 55620
      4. 10 years - 205303
      5. 1M in 16years 11 months

 

Maverick Links

 

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

 

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

 

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

 

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

 

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

 

 

 

No Nonsense Forex Links

 

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

 

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

 

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

 

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

 

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

 

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

 

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.