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by mikkom 2743 days ago
> I personally get 500-1000 percent return year over year.

Numbers like this are always quite funny to me. What does year over year mean in this context? 5 years? 10?

If you would start with $1000 then in 10 years you would be at approx. 976 million with only lower part of your profits (500%).

1 comments

Its personal investing so I pull profits to use for myself. And find something else to invest in. I usually keep around 500 invested. Not a lot of money but if I lost it all it wouldn't be the end of the world. It's been over the course of 15 years. Sometimes 10-15 trades in a year. But over a two year period with two trades it was 6800%. I'm not attempting to brag, I'm just saying the professionals are not any better than an ametuer. They are bad at their jobs.
The difference is professionals manage amounts that can buy more than chicken tendies.. some strategies don’t work at scale.
And apparently they are terrible at scaling.