Assuming we don't worry about taxes, how many different trades will this user have to make assuming he goes all in and the stock goes up exactly 20% before he reaches $1,000,000?
>log1,2(1.000.000/1.000) only 80 times, eh? thank you user, very cool!
Hunter Perez
=log(1.000)/(log1,2)
Ayden Wilson
38 i think
John James
>log(1.000)/(log1,2) very cool, 38, not 80
Carter Taylor
38 times
Benjamin Roberts
>>log1,2(1.000.000/1.000) i trust you user, can someone else confirm this tho?
Carter Carter
fibonaccis and fractals
How's your first day in class
Easton Flores
pretty shit
Colton Stewart
HAHAHAHA user DOENST HAVE 1k NICE JOKE
Anthony Lee
he does tho senpai
Liam Hill
log1.2(1000) or
Jackson Scott
>log1.2(1000)
I'm assuming the 1.2 = 1,200?
Yes, i am retarded when it comes to math
John Sanchez
Has anyone tried this in crypto - since its volatile, and succeeded? how do you set stop losses and how tight are they?
Michael Rogers
i'd like to know too
Ryan Richardson
$1,000 * 1.20^t = 1,000,000
1.2^t = 1000
t = log base 1.2 of 1000
So that’s 37.887 which is 38 times to get at least a million.
Now you understand why 20% is such a big deal. You’ve just turned $1,000 (the amount that a 12 year old has in his savings) to one million dollars (which is a pretty nice car).
Chase Scott
>=log(1.000)/(log1,2) Thank you
Let's say this user put in $3,000
would it be 13 times then?
Jaxson Morales
>$1,000 (the amount that a 12 year old has in his savings) maybe if you're a 1%er in a top tier country
Matthew Scott
Just type this:
1000*1.2^x
Where x = number of times compounded. Try 38 to see if user was telling truth.
Kevin Cooper
Holy fuck you must be poor
My gf is from a third world country and even she had that
Andrew Bailey
plz respond
Jose Hernandez
Only because she took it out of your wallet when you weren't looking.
Jesus fucking Christ user, you stupid sack of retard flesh incarnate. Have you given no consideration to liquidity? How many fucking people/investors do you think there are in the world that are willing to drop such significant sums of money as you progress up your logarithmic value chain on your portfolio? You’re the biggest fucking retard I’ve ever seen post on the internet. More than the redditor who asked if he could return his stocks on robinhood within a “grace period”
Look into optimal liquidity and averaged out volatility in the market you want to trade. Backtest using historical data, see if your numbers hold up on average. Holy fuck, the fact I know I’m trading against morons like you makes my gains all the sweeter
it's what you multiply a number by to increase it by 20%
0.2 of a number is 20%, so x + 0.2x = 1.2x
Brayden Gray
plz respond
Jacob Wood
it would take 32 times
Lincoln Sullivan
This. What fucking use could a 12 year old have for a grand?
Mason Sanders
I remember when I made my first 1000 in my teens and felt rich as fuck... lmao
Hudson Lopez
can you show the math plz
Logan Cruz
The correct answer is 38.
Good luck doing that though. In reality what will happen is you'll become a bag holder when whatever you buy goes below your buy price. Maybe you'll get lucky once a year with a 10% gain on something, but to produce 38 20% wins will take longer than the time you have on this planet. You're fucked.
Jace Allen
Fucking europoors using commas and decimals backwards jesus fuck.
But yea it's ln(1000) / ln(1.2) ~= 38
Joshua Sullivan
Jesus christ nobody once said they were actually going to do this you fucking retard