Comment on Mr Consistent returning incredible returns
Excellent comment Dharan.
Just 125 points and right MM, one can get 300% returns. Other way to explain is: Consider if someone is trading 1L per lot in NF and makes consistently 125 points on an average. So points made= 12*125=1500. Now 1500*50 = 75000 that is 75% returns on 1 L capital.
Now as Madan explained about MM fixed ratio & fixed fraction; initially we will use more aggressive technique and add after every 20 K profits.
So after 3 months, one will be trading 2 lots and after again 3 months one will be trading 4 lots and so on. So if we can do simple calculation, its easily 300% …..
But again how many are going to do this in next one year. Very few , why? So thats where mindset comes in picture….
just my 2cents….
regards,
Mak_T