Growth Trading vs. Income Trading – Which Is Best For You?

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To get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/growth-trading-vs-income-trading/

The Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq

Trading For Income:
– You have a larger account (e.g. $500,000)
– All trading profits are taken out of the account to generate income
– Example: $500,000: The Wheel
~ 30% per year = $150,000
– At the end of the month (or quarter) you transfer any amount over $500,00 into your checking account.

So what determines how much you can make?
1) Account Size
2) ROI of the Trading Strategy
– The Wheel: 30-40% per year
– PowerX Strategy: at least 60% per year

Trading For Growth:
– No withdrawals: All money stays in the account
– Start with a smaller account: $10,000 or $20,000
– Use Money Management To Grow Your Account
– Fixed Ratio Money Management Technique
– Trading Strategies that support Money Management
– Trading Strategies that generate at least 50% per year
– The PowerX Strategy
– The Wheel

Income Goal:
1) $100,000 per year and ROI = 60%
100,000 / 0.6 = $166,666
2) $100,000 per year and ROI = 30%
100,000 / 0.3 = $300,000
3) $200,000 per year and ROI = 60%
200,000 / 0.6 = $333,333

#growthtradingvsincometrading #tradingforincome #tradingforgrowth
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Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.

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Comments

Robert Smith says:

The wisest things that should be on every individuals list investment is the different stream of income and does not depend on the government to bring money especially now the predicament is hitting the economic pretty hard making money from the comfort zone of one's home will be the best and satisfied thing to do now

J. Allen says:

Helpful. Thank you.

Gabriel Malinis says:

Great explanation

bengely frangi says:

U r very good thicher
Thank you

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