Episode Synopsis "Compounding Interest and the Power of Single Hits"

What do you think wins baseball championships? Homeruns or single hits?? If you guessed single hits, you are 100% correct. Waiting around for those grand slams can get you caught in analysis paralysis, which will make you miss a lot of opportunities that could be sitting right in front of you. My goal of today's episode is to provide you with a new way of thinking about trading and the stock market. It is so much better to be trading small and trading often and cashing in your trades once they have become winners, vs waiting around for them to be homerun winners. The probabilities just don't come up as often as you would think. The other biggest take-away from this episode is to show you that making a 2% return on your money weekly, really starts to add up quickly. I had someone comment on a facebook answer I gave where I said that my goal on investing $15,000 was to make $300 a week and they responded by saying that was too little. Well "too little" grows really fast when you can continuously produce those results week after week using the math of compounding interest! ---------- Click here to download my free Covered Call Calculator Click here to open up your own TastyWorks Trading Platform List to Kent Sanders's podcast here

Listen "Compounding Interest and the Power of Single Hits"

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