I am curious to hear about certain traders who achieved astronomical gains on their capital 10,000%+ returns. Im not talking about fund managers who manage billions and take home billions rather individual investors and traders who have turned a small sum of money into a large sum. So far on my list is: Dan Zanger - Turned an initial stake of $11,000 into $42,000,000 in 2 years - 381,818% Michael Marcus - $30,000 prop trading account to $80,000,000 in 20 years - 266,666% Richard Dennis - $400 to $200,000,000 in about 10 years - 50,000,000% Jesse Livermore - 1000$ to $100,000,000 - 10,000,000% Marty Schwartz - $100,000 to $5,000,000 annual income - 25% per month for years on end. CIS (Japanese Day Trader) $10,000 to $160,000,000 - 1,600,000% Takashi Kotegawa - $13,600 - $153,000,000 in 8 years - 1,125,000% Rakesh Jhunjhunwala - $250 to $1,900,000,000 in 29 years - 760,000,000% If you know any other please comment them below.
Some guy in Scandinavia turned $28 to over $800,000 in four years with bitcoin. He almost forgot he had it too.
Awesome post. -- I just now spent a good amount of time reading about these guys... I basically have never really heard of any of these guys, and I've been trading for a few years. The power of compounding gains...is a powerful thing, indeed. -- and luck too, to some extent.