2018 P/L year to date +40%
- Thread starter VolAlgo1
- Start date
It is free for you to choose believing or not believing.
If you cannot believe it, then tell me yours.
I can tell you're not the brightest hen in the house if you believe you can trade 5.8 trillion dollars worth of VIX products...
Do you know how much 5.8 trillion is? Last Friday, on expiry... the total volume of ES, which is one of the most heavily traded products, was 1.5 mln contracts... that amounts to about 200 bln dollars worth... that's only 3.5% of what what you would be trading with your 5.8 trillion round trip.
Sure.. add the Dow futures and Nasdaq.. some stocks seperately... maybe some Europeans as well... you can get to 5.8 trillion in a day. But in the mean time, since you would trade in one direction... you've raped the market down or up 5-10%. And since you have to reverse it as well.. you're likely to lose on the flip side.
And I'm not even mentioning that usually when people say they make 80% yearly, they are leveraged... so that 5.8 trillion should actually be 10-20 trillion... in a conservative account, not one of those x100 leverage bucket shops. That would also mean that your broker would be absolutely fine giving you that margin posibility, and nobody at that firm is having a heart attack since some dude called @jk90029 is swinging trillions of dollars worth on a day-to-day basis...
Anyway... I assume (or hope, for your own sake) you're not as stupid as you make yourself sound.... If you are, have fun paper trading trillions.
I didn't read long story below, also my English is short
What I am saying is annual 80% compounded is absurd and if one keep 20% like Buffets' 50-year record. Then it may makes sense.
Stock market began in Holland 400 years ago, if some one(family) kept 20% in average during the 400 years, then he(family) should have 1.2^400 NOW.
Is there any such single case? If you say no, then Buffets record is VERY rare.
What I am saying is annual 80% compounded is absurd and if one keep 20% like Buffets' 50-year record. Then it may makes sense.
Stock market began in Holland 400 years ago, if some one(family) kept 20% in average during the 400 years, then he(family) should have 1.2^400 NOW.
Is there any such single case? If you say no, then Buffets record is VERY rare.
Besides your English skills, you should reconsider your math skills and logic.
You think Buffet can keep making 20% yearly over 400 years... or even 50 years? Not taking any off the table?
Can you please tell me in words how much 1.2^400 amounts to? Because I'm having trouble with that... it's 47* 1mln^4th
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Ha, guys you're both saying the same thing. Only wrinkle is jk90029 learned English from Dostoevsky and Jack isn't getting his sarcasm cause he's Aussie.
I doubt he's sarcamspastic... there are a lot of guys her on ET who don't understand that you can't just keep compounding without running into scalability problems.