PulseRider
Fri Oct 11 2024
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6 answers
1504
What is the rule of 72 1 point?
I'm trying to understand the concept of the rule of 72. Could someone please explain what it is and how it works in simple terms? Specifically, I'd like to know what the '1 point' refers to in this context.
Lorenzo
Fri Sep 20 2024
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7 answers
1559
What is the rule of 72 in trading?
Could you please explain what the rule of 72 is in the context of trading? I've heard it mentioned as a useful tool for estimating the time it takes for an investment to double in value, but I'm not entirely clear on how it works or how it can be applied in the trading world. Can you elaborate on its significance and provide some examples of how traders might use it to their advantage?
