Best answer

The Classic Way to double your money Buy a currency pair in low quantity and hold it for the long-term. Or one can trade currencies positionally with a slightly long-term perspective. If a risk-reward ratio of 1:2 is deployed, you're bound to double your money in 35 trades, assuming you don't have drawdowns or losses.

Answered by: Iłya Bursov Date created: May 14, 2022

How can I double my money in 4 years?

Asked By: Felix Too Date created: Apr 30, 2022

If you divide your expected annual rate of return into 72, you can find out how many years it will take you to double your money. Let's say, for example, that you expect to get returns of 10 percent a year. Divide 10 into 72, and you discover the number of years it takes you to double your money, which is seven years.

Answered By: Kuba hasn't forgotten Monica Date created: Apr 30, 2022

How can I double my money per year?

Asked By: Rajesh Paudel Date created: May 11, 2022

The rule states that the amount of time required to double your money can be estimated by dividing 72 by your rate of return. For example: If you invest money at a 10% return, you will double your money every 7.2 years.

Answered By: Samuel Liew Date created: May 14, 2022

How can I double my money in 6 months?

Asked By: Shady Aziza Date created: Apr 28, 2022

Here are some best 5 ways to double your money fast.Stock Market. Investments made in the stock market have always given a high rate of returns to people. ... Mutual Funds (MFs) ... National Savings Certificates. ... Corporate Deposits/Non-Convertible Debentures (NCD) ... Kisan Vikas Patra (KVP)

Answered By: Minhas Kamal Date created: Apr 28, 2022

How can I double my money in Nigeria?

Asked By: Christoph Date created: May 04, 2022

Below are some carefully selected ways you can double your money in Nigeria.Put your assets to work:Buy shares:Dividend re-investment:Federal Government of Nigeria (FGN) bonds:Forex trading:Cryptocurrency trading:Cryptocurrency investment platforms:Setting up a side hustle:More items...

Answered By: Tim Lewis Date created: May 06, 2022

How can I double my money every 3 years?

Asked By: Mathias Bynens Date created: May 01, 2022

The rule can tell you how fast you can double your money. Divide 72 by the interest rate at which you are compounding your money, and you will arrive at the number of years it will take to double in value. For instance, you money will double in 3 years if you are compounding at 24 per cent (ie 72/24 = 3 years).

Answered By: Florin Dobre Date created: May 03, 2022

How can I double my money in 1 day?

Asked By: Ed Morton Date created: May 08, 2022

Here are some best 5 ways to double your money fast.Stock Market.

Investments made in the stock market have always given a high rate of returns to people.

...

Mutual Funds (MFs) ...

National Savings Certificates.

...

Corporate Deposits/Non-Convertible Debentures (NCD) ...

Kisan Vikas Patra (KVP)Apr 29, 2019.

Answered By: Shivam Roy Date created: May 10, 2022

How can I double my money in 21 days?

Asked By: Chris Lutz Date created: Apr 27, 2022

ROI – Rs 15000/- – Rs 50000/- of investment will get 10% return per month, Rs 50000 and above of investment will get 14% return per month for 101 months.

Answered By: JohnIdol Date created: Apr 27, 2022

How can I double my money overnight?

Asked By: v-andrew Date created: May 10, 2022

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items...•Jul 22, 2020.

Answered By: Maxime Lorant Date created: May 13, 2022

How do I put money in my trading account?

Asked By: geowa4 Date created: Apr 28, 2022

You can also transfer funds into your trading account by drawing a cheque in favour of your broker.

However, that is only possible in case of an offline trading account.

If you are having an Online Trading Account, then you need to necessarily transfer funds only through payment gateway or via NEFT/RTGS..

Answered By: unutbu Date created: May 01, 2022

How much money can you make options trading?

Asked By: cantdutchthis Date created: May 11, 2022

How much money can you make trading options? It's realistic to make anywhere between 10% - $50% or more per trade. If you have at least $10,000 or more in an account, you could make $250 - $1,000 or more trading them. It's important to manage your risk properly trading them.

Answered By: Andrei Solero Date created: May 11, 2022

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