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Jan 12, 2011 at 18:18
Practically all of hype in Forex is based on compounding While Sitari is very detailed in showing you how you can build up your account there is a simple method for estimating an investment's doubling time (planned or actual) used in finance called “the rule of 72”. A detailed discussion can be found here: http://en.wikipedia.org/wiki/Rule_of_72. A simple example for a day trader would be if you could increase your account 1% per day after 72 days your account will have doubled. One percent a month 72 months and so on. It is a useful tool for mental calculations and when only...
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