A TRADER'S LIFE

Episode 30 | Cas Daamen - mechanical trader

April 07, 2021 Nicholas Penrake
A TRADER'S LIFE
Episode 30 | Cas Daamen - mechanical trader
Show Notes

In this episode I talk with 'mechanical' trader Cas Daamen

We cover some key moments in how he got started, how he overcame setbacks… but one of the most interesting areas of our discussion pivots around the distinction between discretionary trading and mechanical trading and picking a style of trading that suits best your personality. 

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BEFORE YOU HEAD OFF… as we all know, a lot can go wrong in trading. Some days you can find yourself gasping for breath and telling yourself you need a complete break from it.

Well, take a look at this. It’s a way of making passive income by taking a stake in the crypto space but doesn’t require you to trade crypto. The company in question is called Yieldnodes. And essentially, what these guys do is provide cutting edge services to the blockchain network, such as maintaining e-wallets and the like.

It’s very easy to get set up on the platform, and the returns are truly exceptional, averaging around 10% per month. Once you factor in compounding you could be looking at just north of 200% per annum. Here’s another thing I think is really important: Yieldnodes have allowed members to audit their incomings and outgoings and found them to be entirely transparent.  

I personally think this is an exciting proposition and, if you sign up through my link, instead of the usual minimum deposit of 500 Euros, you can make a start with just 50 Euros. Heck, some people put that on the lottery every weekend! So why not plant a seed today with Yieldnodes and see what grows from there?

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