Compound interest is the eighth wonder of the world.
He who understands it, earns it ...
he who doesn't ... pays it.
The concept of The Experiment is to see how far in reality one can push this truism of Albert Einstein in the global FX markets. The aim is to show that the only capital required is that of knowledge, as opposed to merely financial capital.
Another aims are to examine some other accepted truisms such as:
- Needing a strike rate of more than 50% to end up with a positive result
- Decreasing bet size when going into a drawdown
- The trend is your friend
- Speculation is a suckers game
- and more.
Stay tuned as The Experiment proceeds!
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Life is meant to be a two way boulevarde as opposed to a one way street!