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How can I double my money in 1 month?

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How can I double my money in 1 month?

Here are some best 5 ways to double your money fast.

  1. Stock Market. Investments made in the stock market have always given a high rate of returns to people.
  2. Mutual Funds (MFs)
  3. National Savings Certificates.
  4. Corporate Deposits/Non-Convertible Debentures (NCD)
  5. Kisan Vikas Patra (KVP)

How much can you earn from trading in a month?

It can go up to Rs 1 lakh a month or even higher if you are skilled enough and your strategies are in place. Does this mean all intraday traders are in profits? Not at all. In fact, some studies suggest that 95\% of Indian traders lose money in the markets.

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Is it possible to double your forex account every month?

It should be long term growth. It can happen but the odds are against it. It is far more likely you will loose half of your trading account in a month. Trading account can double in a month only if you are willing to trade in the F & O segment.

Can I double my money by trading?

Here’s how it works: Take the percentage gain you have in the stock. Divide 72 by that number. The answer tells you how many times you have to compound that gain to double your money. If you get three 24 percent gains — and re-invest your profits each time — you will nearly double your money.

How can I double my money online?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
  2. Kisan Vikas Patra (KVP)
  3. Corporate Deposits/Non-Convertible Debentures (NCD)
  4. National Savings Certificates.
  5. Bank Fixed Deposits.
  6. Public Provident Fund (PPF)
  7. Mutual Funds (MFs)
  8. Gold ETFs.
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How long does it take to double your money in Forex?

Still, it would take around 25-30 years with compound interest to double your initial investment, considering the interest rate doesn’t change over time.

How long does it take to double your money day trading?

 At 10\%, you could double your initial investment every seven years (72 divided by 10). In a less-risky investment such as bonds, which have averaged a return of about 5\% to 6\% over the same time period, you could expect to double your money in about 12 years (72 divided by 6).

How to double your trading account in trades in a month?

Trading account can double in a month only if you are willing to trade in the F & O segment. F & O segment helps you take the benefit of leveraging and thus take you closer to your objective.

Is it possible to Double Your Money in forex trading?

It is certainly possible to double your money in forex trading. But it becomes probable only with a good strategy. The strategy which we have highlighted here is the use of an indicator, Pipbreaker. But, there are other avenues as well.

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Can I double my money in the stock market in one month?

Yes, You can double your money in the stock market in one month and even in less than 1 month. Keep one thing in mind – higher the returns, higher the risk.

What is the best way to Double Your Money?

Speculative ways to double your money may include option investing, buying on margin, or using penny stocks. The best way to double your money is to take advantage of retirement and tax-advantaged…