The rule of 72: Divide your compounded interest rate into 72. That will give you the amount of time it will take for this account to double in size.
This is intended to be a risk discussion thread. Sharing of your own perspective is welcome, provided it's done in a respectable manner.
The ideas I share here, are my own, and are not intended to be any sort of "Rule, Law or Holy Grail", only thoughts which are here to open up discussions, in which I, or anyone else, may use to improve their own trading.
I may share some of my own trades, if I think they can expand on examples I talk about.
Darryl
This is intended to be a risk discussion thread. Sharing of your own perspective is welcome, provided it's done in a respectable manner.
The ideas I share here, are my own, and are not intended to be any sort of "Rule, Law or Holy Grail", only thoughts which are here to open up discussions, in which I, or anyone else, may use to improve their own trading.
I may share some of my own trades, if I think they can expand on examples I talk about.
Darryl