Walter Peters - Small Account Big Profits
Is It Possible To Accelerate The Growth of a Tiny Trading Account Using
The little trading secret no one wants to admit:
Your Trading System Doesn't Matter...
From the stand-up desk of Walter Peters, PhD.
If you've always wondered if it's possible to ramp up a small trading account quickly, but wondered exactly how this is done, then this is the most important thing you'll read today.
I'll show you why in a minute...
But first, a warning, because most of the "get rich quickly" trading stuff out there is truly a load of crappola.
Forex robots that don't lose, Ivy League PhD's sharing their "secret sauce" formula developed with quantum computers...
As you and I know, much of what is out there is balderdash.
And I'll be the first to admit, what we're doing here is not for everyone.
Most Traders Never Understand Trade-Level Compounding (and Certainly Don't Use It)
This is aggressive trading.
This is putting it on the line.
This is compounding at the trade level... something very few traders understand, much less attempt.
But here's why I believe it's worth it:
"Some of the world's greatest feats were accomplished by people not smart enough to know they were impossible."
- Doug Larson
Plenty O' people will tell you it's a "pipe dream" or a bad idea to try to make $99,000 over 300 trades (which is exactly what I'm going to try to do, as you'll see in a minute...)
I think the naysayers are wrong.
Admittedly, I would never trade my only trading stake this way.
It makes sense to break off a little risk capital to trade hyper-aggressively.
The majority of my trading capital grows via "normal compounding" (the slow way)... it only makes sense to do this with a small sub-account.
Because Risk/Reward is the name of the trading game.
Growing an account quickly will ALWAYS have drawbacks.
It is possible to pump up the equity peaks (the lovely parts of your equity curve) without plunging too deep into terrible equity lows...
Higher Rewards Require a
Different Type of Risk Management
Take a look at the equity curve chart below: