can i retire in 5 years starting with 5,000$ ?

Discussion in 'Forex' started by mr double, May 18, 2006.

  1. bvam1

    bvam1

    And compounding interest is not even taken into account.
     
    #21     May 19, 2006
  2. Absurd.
     
    #22     May 19, 2006
  3. just21

    just21

    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!
     
    #23     May 19, 2006
  4. G_Jimbo

    G_Jimbo

    Wow, 500% six months compounded.

    What was his average monthly return?

    I thought it was impossible for traders to maintain even above 10-15% :confused:
     
    #24     May 19, 2006
  5. MTE

    MTE

    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.
     
    #25     May 19, 2006
  6. DrEvil

    DrEvil

    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
     
    #26     May 19, 2006
  7. It reminds me tons of emails I am getting from some ,,Zamunda” from South Africa offering similar deals .I just delete them. How did you get in to it?
     
    #27     May 19, 2006
  8. plax

    plax

    Choad , I hope you are joking here, if not you are well and truly fooked, that 10 grand is long gone.
     
    #28     May 19, 2006
  9. just21

    just21

    Apparently the Nigerian scammers made $100 million from Americans last year with this con.
     
    #29     May 19, 2006
  10. booking

    booking

    Mr Double,

    Please post your daily account levels on this thread. I fancy a laugh.
     
    #30     May 19, 2006