QuantitativeTrading

Recently, the name WPOne has been widely discussed in Indonesia as a platform that offers fantastic profits through a quantitative trading approach. WPOne claims to be able to generate a 2% ROI per day through compound daily returns, which, if calculated, could yield very large returns in a short time.
However, a question arises: Is this normal or is it an indication of a scam scheme?
In the trading world, quantitative trading is indeed a legitimate method, used by large hedge funds like Renaissance Technologies and Citadel. However, a consistent 2% ROI per day is a very high and unusual figure in the highly volatile financial markets. Even the best trading bots on Binance rarely reach that figure in the long term without significant risks.