Two Blokes Trading - Learn To Trade Online

In this podcast, Jonathan and Rory talk about the 8th wonder of the world, Compound Interest. This is a term a lot of people are familiar with but not many are able to use it to their benefit. At the beginning of the podcast, Rory tells us a story of friend who had money saved away for years which grew exponentially but one day decided it was enough and wanted to buy a car. If they had waited another 15 years the money wouldn’t have doubled to buy 2 cars, but instead would have been over half a million!Jonathan then explains how compound interest and the power of it can be used in trading. He Explains that by having a small account and achieving just 2% each week that the numbers will compound weekly. In less than a decade you could be trading with more than half a million, starting with as little as €5000. The blokes explain that Compound interest usually “doesn’t work” until the later stages as 10% of 1 isn’t much but when it’s 10% of 1 million, that’s when people think “it works” the gains have s