Compound interest in trading: how to use it to increase your deposit
Introduction
People often treat trading as a sprint. However, like most everything in life, trading is more like a marathon where victory depends on patience, strategy, and endurance.
Some people make chaotic trades and try to “beat the market.” They may sometimes earn tens of thousands in a single day. Simultaneously, others work hard to evaluate each trade and gradually build up their capital. The difference between these approaches distinguishes a successful trader from a “gambler.”
While a trader works according to their strategy, a gambler tries to make “all the money in the world” but loses most of the time and has nothing left.
This article will discuss a trading strategy that will help you win this marathon and change your overall understanding of trading in the financial markets.