Adrian Reid (speaker) relates a personal anecdote that it took him three years to become a profitable trader and that, had he learned systematic trading sooner (in months rather than years), he would be several million dollars better off due to extra years of compounding. He urges viewers to shorten their learning curves, adopt systematic trading and implement a portfolio so their future selves can benefit from compounding wealth.
Questions this video answers
Three years.
Months (instead of years).
"Several million dollars" worse off (spoken estimate).
Chapters
Now the great news is if you're right at the start of this journey.
You'Re exactly in the right place. Because it took me three long difficult years to get profitable. But now when I work with students and I show them exactly how to follow this path, it takes just months. And you know that time saving is time for compounding. Because in 10 years time, in 20 years time, if you don't take three years to learn, if you take three months to learn, then you've got three extra years of compounding, your future self ends up dramatically wealthier. Now, I have one of my biggest regrets in trading is that I took three years to learn and I calculated the cost of that for me. And if I had have learned about systematic trading and about how to do these things I'm going to share with you in months instead of years to today, I would be several million dollars better off. Many millions of dollars better off in fact, because of that extra time for compounding. So no matter how long you've been trying to learn, what we're going to do is bring the bring the success forward. We're going to shorten the rest of your learning curve, get you to mastery quickly so that you can spend the rest of your time trading, compounding your wealth, because your future self depends on it. You know, in 10 years time, if you waste three more years learning, then you're going to be dramatically worse off. If you finally get it and implement and you trade systematically and you implement a portfolio like we're going to share, your future self is going to be dramatically better off.
