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Sunday, September 19, 2021

FX Compounding Calculator (Do You Want To Be A Millionaire?)

FX Compounding Calculator (Do You Want To Be A Millionaire?)


Only one way to grow a small account into a large account. That is by treating Forex trading as a marathon race not a sprint race.
Do you have 2 to 5 years?

You can use the compounding calculator to calculate profits. This allows you to understand better, how your trading account will grow over time.

One of the most interesting facts about compounding is, that even a moderate monthly gain turns your initial capital into a serious amount of money over time. A Forex compounding calculator is useful to simulate how compounding the initial equity and the profitable trades, with a set gain percentage, can make a trading account grow over time.

It works by simulating the compounding and the reinvesting of the same chosen gain percentage of the account's total equity. With this calculator traders can input the settings in order to accurately calculate the compounding results of a set of winning trades over a period of time.

The use of this calculator can demonstrate traders how powerful gains compounding can be, and, that even a moderate gain percentage of 2% (for example) per trade, can turn an account’s initial capital into a substantial amount of capital over time.

You will be surprised how powerful compounding can be.

My goal is profit at least 1% per trade and/or 1% per session/day. Look at chart: You Can Do It- by letting your account grow with compounding profits
< this is the holy grail of building your account.

Albert Einstein said,"“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”

from TradingView Ideas
via gqrds

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