With respect to the day trader his 9% in 48 hours equates to an annualised return of around 1642.5%
Let's not belittle someone who has firstly made a profit and secondly done it in a very short time.
Yes you would need to repeat the feat every 48 hours in order to achieve the 1642.5% "annual" return on your investment (excluding compounding) but if you can do that good luck I say
Also how long have you held for a 1325% return??? 1 year...2 years.....if it's 2years then it's a 662.5% annual return. Basic maths.
I don't mind how anyone makes their money......but good luck to all and let's make sure if we do decide to make a comparison it's apples for apples on the real return.....I won't even bother incorporating the time value of money taking into account aspects like inflation......
Cheers
AVZ Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
