Generally speaking, you should get higher performance out of a center-shot recurve than a longbow, assuming they are otherwise comparable, for two reasons: 1.) the recurve stores more energy during the draw than the longbow due to the recurved limbs, and 2.) the recurve is generally more center-shot than the longbow, meaning the arrow doesn't have to bend as much to get around the riser, so a stiffer arrow is called for in the recurve; less bending means more energy is transferred to propelling the arrow down-range.
If you have a 29" draw with a compound, you may well find that your draw length is less with a traditional bow, since your body is compressed more at full draw. So I wouldn't be surprised if your draw length shooting the trad bow is 28" or less. I say "or less" because under some methods of trad shooting, like the Asbell method, your shoulders are more open and your draw length is even less than it would be otherwise. Under other methods of shooting, like Terry Green's or Rick Welch's, your shoulders are perpendicular to the target and your draw length is a bit longer. But when you settle on a style, you should measure your draw length again.
So what I would do if I were you is to get a 2016 bare shaft, and get some 100 grain points. With 100 grain points, you should still have (barely) a 10% FOC (front weight balance point), which is okay for a target arrow. Try the bare shaft at 30" with your 125 grain points, but start no more than 10 yards from the target, because it will probably veer right and might miss the target entirely if you are back from the target. Assuming this happens, try the 100 grain point with the bare shaft. It will probably still show nock left. Then trim a half inch at a time off the shaft and see if you can get to a length where the arrow flies straight. If you get to the point that you can't trim anymore off without running out of arrow, call it good and shoot it with the 100 grain points. A little nock left will be corrected by the fletches, and is better than a little nock right.