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发表于 2009-9-20 10:14 PM
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11# rffpgadsp
I think that story, even if true, is a outliner.
90% winning rate with leverage and no tax and an OK money management would have made him a very rich man (I am talking about JP Morgan rich or Rockefeller rich) in a few years.
Remember, even with much lower winning rate, Livermore was making over 10 million a year several times, as high as 100 millions at least one time (equal to 5-10 billions today).
And Soros is making a few billions a year with perhaps less than 60% winning ratio. |
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