Compound interest is the 8th wonder of mankind, how to apply compound interest in trading appropriately? You may have seen somewhere the picture I shared, only slightly different as the poster did not specify the implementation time monthly like I did but daily, along with the goal of earning a few percent to several dozen percent each day to attract people's attention. The way these compound interest plans work is simply that if you make a profit trading today, the profit is added to the principal, and then you continue to trade to achieve the target profit of x% on the total capital. But I dare say that none of the people who posted that plan will be successful because it is unrealistic and inadvertently creates pressure for the implementer to achieve daily profit goals continuously. You may meet the targets in the first few days, but eventually, due to an unfavorable market combined with the pressure to trade profitably according to the plan, you may not be able to complete the plan or worse, end up losing everything. I myself have also set such daily plans, trading from a capital of 2000$ to 40000$ according to my daily plan at that time, but then ended up losing everything. From personal experience, I have created a trading plan based on compound interest that is a bit more realistic than the picture I shared. With a capital of $1000, trading futures with the target of earning 50% of the capital each month, adding profits to the principal, and continuing to trade. If you have ever traded futures, earning 50% in a month is not something difficult to achieve if you are not greedy, know when to stop, and are disciplined; many futures traders can multiply their accounts several times in one day, which is not rare. And this will be the plan that I will implement in the upcoming time, hoping to last for at least 1 year 👍 #Binance #BTC