All success stems from accumulating--20150813 compound interest effect every day a little bit of what is the point? __ Forex

Let's first understand what compounding is.

Compounding means that after each interest period, the accrued interest is added to the principal to calculate the interest for the next period. In this way, in each interest period, the last interest period will become the principal income, that is, to profit, that is, commonly known as "arbitrage."

The calculation of compound interest is calculated on the basis of the principal and the interest it produces, that is, the benefit.

Compounding is characterized by the difference in the amount of principal for each period in the calculation of the whippany of the last term and the principal for the next period. The formula for compounding is: S=p (1+r) ^n

For example:

Principal 100 yuan, interest rate 10%, deposit period of 10 years, compound interest is 100 (1+10%) ^10=259.374.

Simple words, the first year principal and interest Total 110. The second year of principal and interest in total 120.1 years after the principal and interest 200 yuan.

This will find out how much difference there is between compound interest and simple. Extended to the actual amount, 10,000, 1 million, the compounding effect will be more pronounced.

Then we often say that a little progress every day, in the end is what concept.

Suppose your ability is 1, the rate of progress of 1%, 1 years (365 days) in the end can improve how much?

One year later, your ability is 37.783.

In other words, if you devote 1% of your daily efforts to your dreams, then one year from now you have 37 steps forward to your dream.

In fact, there are not many people who can actually do this. Because this sentence itself as a slogan, it is easy to let people warm up, easy down, but the dream evenly distributed every day of the time, this sentence became today's Progress 2, tomorrow Progress 1 points, the day after tomorrow to step back 2 points, to the end still difficult to progress.

For the moment, we have to focus on compounding effects, not to mention the execution of the plan.

In particular, I am not aware of this until now. What is needed in the forex market is not a few days of profiteering, but a steady interest. Compounding をなめるなあ.

One day profit 5%

Loss 10%

you can turn off the machine and leave the field ...