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:   Math Trader A - Starting Account $10K, 24% yearly return, no money added1 year - 12682 3 years - 20398 5 years - 32810 10 years - 107651 1M in 20years 9 months Trader B - Starting Account $10K, 24% yearly return, $200 mo. added1 year - 15364 3 years - 30797 5 years - 55620 10 years - 205303 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.