No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, at 8% interest, divide 72 by 8 and get 9 yrs..so money 💰will double in 9 yes.
At 6%, it will be 12 yrs.
Will continue.
1/n
Rule of 114
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.
For example, if you want to know how long it will take to triple your money at 12%, divide 114 by 12 and get 9.5 years
At 6% interest rate, it will take 19yrs.
2/n
Jan 27, 2019 • 10 tweets • 2 min read
I am following very simple trading plan based mainly on RSI and ADX.
Now whenever we wants to initiate trade then firstly we have to decide BIAS for direction.
BIAS based on RSI as follows-
RSI Above 55-Long.
RSI below 45-short.
RSI between 45-55—- neutral.
Continue
Momentum study guides us for exposure in our long or short trade.
Momentum based on RSI is as follows-
RSI— 55-60~mild long(25%),
RSI— 60-65~moderate long(50%)
RSI— 65-70~strong long (75%)
RSI Above 70~ very strong long (100%)