The quickest example of money being compunded on this site was a commodity options trader who went from $3,000 to $15,000 in six months selling premium. I don't think he had the guts to continue though!
Wow, 500% six months compounded. What was his average monthly return? I thought it was impossible for traders to maintain even above 10-15%
Average monthly return is 30.77% (3,000*1,3077^6=15,000) That's the whole point, you cannot sustain these kind of returns into infinity.
I believe that Warren Buffet has averaged 20% returns for the last 50 years ... the result is a portfolio worth billions. Not everyone can be Warren Buffet though
It reminds me tons of emails I am getting from some ,,Zamundaâ from South Africa offering similar deals .I just delete them. How did you get in to it?
Choad , I hope you are joking here, if not you are well and truly fooked, that 10 grand is long gone.