| 
 | 
 
 
发表于 2009-9-20 10:14 PM
|
显示全部楼层
 
 
 
 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. |   
 
 
 
 |