Hello everyone! Wayne Crowe here. I would like to show you the power of compound leverage and give you an idea of what is truly possible with it.
I want to take, for example, let’s say you make one percent per day with day trading the way that Icoin Pro teaches you.
That one percent is probably on the low side if you’re good at this type of stuff. I don’t do day trading, but I guess that’s kind of what people should be aiming for and beyond my kind of guess. Let me share my screen. I’ve put together a spreadsheet, And I want to share my screen and show you what one percent each day can do.
One of Paul’s students done a similar sort of thing about this and I’ll show you. We’ll talk about that afterward.
But you can see that I’ve got started with ten dollars in this first column, the next day, it basically says what my profit would be if I grew just one percent per day… So day one, day two, day three, day four so on.
If you start with a hundred dollars – and you started trading with that -what that would turn into each day and a thousand dollars and what that would turn in each to each day. If you made one percent per day, because obviously, if you start with a thousand – and you add one percent the first day that turns into a thousand and ten dollars the next day, it actually turns into a thousand and twenty and ten cents.
Before long. Your a thousand dollars become eleven hundred dollars and you’re, making one percent on that. So you actually make eleven dollars per day. so that this, hopefully, that explains it.
So one percent per day is what I’ve coached on. You can change this. I can give this out at the end if you want. You can change this percentage to two or three percent that’ll all kind of happen and change the percentage.
But for now, let’s assume one percent. Let’s look at the thousand dollars after almost a year, that a thousand dollars becomes thirty-six thousand dollars. Yes, you read that right: Thirty-six thousand dollars from a thousand dollars by adding one percent per day.
Now I’ve done a clever little thing here, where we can turn that $36K or to be exact $3,950 copy that we can say right. What would that turn into in the second year? Well, wait and see, because this is where the compound interest comes in. This is what pensions are basically on. This is why it’s best to start a pension early because you get the compound interest, and that’s why they grow so much.
Now let’s take all the year one figures, so ten dollars would turn into 360
100 would turn into 3600 and a thousand into thirty-six thousand. So if I go here and paste these in here, this is just them rounded, but anyway, then you can see what happens yet at the end of the year. Two, the compound and turns all of those, so that hundred dollars in the air too, is now worth thirteen thousand dollars.
That thousand dollars is worth 129,000 and that 10,000 is so big It doesn’t fit in the graph- it’s now 1.29 million I think that is because of that one percent. I would do year three, but I think the figures will be so big that it would be ridiculous.
Can you see the power of compound interest and just earned that one percent per day guys? It’s really simple and if I’ve done this beforehand and Albert Einstein, einstein is reputed to have said “Compound interest is the eighth wonder of the world! He who understands it earns it, those that don’t understand it pays it.”
That is what all these big traders, all these big investment funds. That’s what they do. They understand compound interest right. This is a massive thing. I remember the first time I understood compound interest and I was amazed by the idea. So if that makes sense – and you’ve got a big aha moment from that. Then my mission was a success. I just wanted to put that in there.
You can apply this to anything in life. Anything bank interest. , you can apply it to obviously you’re not going to get one percent per year at the minute in a bank. I don’t even know what the bank’s interest is, to be honest, but. You know one percent per day, obviously to earn this type of thing. What is on this graph would take you two percent a year on this graph. You’d never earn that in a bank. But I just wanted to put that out there so you can earn more than one percent.
You can earn less than one percent, you could have minus, but Paul’s put together this software, Icoin Pro and Paul’s put together the software that kind of gives you the technical indicators, monitors the technical indicators, and sets out probabilities. So that when you take those coupled together with the training. We teach you how to read the graphs. How to do everything and you couple those together, then we actually feed you potential trades, that’s what it does.
It gives you the potential trades and it’s up to you to actually then pull the trigger.
Wayne: Tell us that story Paul, because this is the power of compound leverage. You have to really get the power of compound leverage and to see how powerful this stuff is.
Paul: Well I’ll put a couple of stories together because it was a girl called Lee and a friend of hers called Lily and they joined Icoin Pro.
When we first launched and between the two of them, they knew absolutely nothing about bitcoin they’d heard about it they wanted to learn a little bit more.
Lee approached her husband and she said. Listen. I want to try this trading, this trading thing, and I want to put like a hundred dollars into it. They used to do a pizza night once a week, and she said she said to her husband I’ll, tell you what if we can give up a couple of weeks of pizza nights, so I’ve got the hundred dollars. I want to give this trading thing a go.
She took that hundred dollars and in the space of about two years. She turned it into $115,000. Now the last time I spoke to her was back in probably the beginning of last year, the beginning of 2020, when she had surpassed 115 000 from then until now, she’s probably made another hundred thousand dollars.
Her biggest thing was that she always wanted to be a policewoman. She’ll probably kill me for telling me because her secret thing was that she always wanted to be a policewoman. That and she didn’t ever want to worry about money.
So now she’s in a position where she can actually chase that dream and become a policewoman, do day trading in her spare time, and still replace her previous income because she went full time.
Her friend Lily was in a similar position where she hated her job. She hated her boss and between the two of them, they mastered the system. Lily then went on to a point where she’s making upwards of two and a half to two thousand five hundred dollars a day from trading. All she wanted to do was replace her husband’s income so that she could have him at home. Lily’s husband’s name is Mike Cannon and he was wondering What is this thing that she was doing and he jumped on board and now he’s been doing three thousand dollar days.
Well, thanks very much Paul for stopping by!
Paul: It’s been a real pleasure, but yeah guys. I look forward to meeting all of you sometime in the future.
Guys that’s it, it was a shorter post today. Thanks very much for joining us and we’ll see you in the next post.
Take care,
Wayne Crowe
