Hey Trader, Have you ever heard of the Rule of 72? It’s a quick, easy way to determine how long an investment will take to double. All you have to do is divide 72 by the rate of return… And you’ll get a very good idea of how long it will take for your initial investment to grow 2X. Here’s an example… Say you have a savings account that yields 2% annual interest. 72 / 2 = 36… Which means that it would take roughly 36 years for that account to double in size. (I say “roughly” because it actually takes 35 years to yield 100% return at 2% interest… But the Rule of 72 provides us a quick, rough estimate that is close enough for our purposes.) Now here’s where it gets really interesting… When most people use the Rule of 72, they’re thinking in terms of annual rate of return. But what if you took the same concept and applied it to a DAILY rate of return? I mean, if you’re a day trader, you’re in the market every day… Which means that if you could capture a 2% profit on just a single trade every single day and continued to roll those profits into the next day’s 2% trade… You’d actually double your account every 36 days. Do you think you could manage to bag a 2% gain every day? If you’re not sure, we’ve put together a free class that shows you exactly how the Hawkeye tools and methodology can help you do it… Just click right here to watch it now! To your success,
Dustin Pass |
Market Traders Daily |
Disclaimer: Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. |
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