I just had a thought that I believe could work in theory. I once monitored a few days of trading currency pairs and what I found was that within each day of trading forex, I could have potentially started with £1,000 and doubled it every day for 10 days and become a millionaire or 20 days and become a billionaire. Could this plan work in theory for some legendary trader with no feelings and a skill of forex trading art?
Your math is correct if you were lucky or fortunate enough to be able to double your investment everyday for 10 days. I wouldn’t however give a trader with no feelings the nod over an emotional but studious investor. Intuition plays it’s part in many experienced investors decisions. Nothing is certain to happen therefore all decisions have an element of chance. The only advantage a trader with no feelings or emotional attachments has over the rest of us is when he loses his money it doesn’t bother him as bad.
powered by Yahoo Answers