Never disregard a 1.5% profit
DO YOU KNOW HOW COMPOUND INTEREST WORKS?
We can do a little calculation 🙂
Scenario Assumptions:
Daily Profit Rate: 1.5%
Weekly Days of Operation: 5
Weeks per Year: 50 (considering some weeks of rest)
Initial Capital: $100
Number of Years: 5
Step 1: Calculation of the Daily Increase
A 1.5% daily profit is expressed as:
1.0151.0151.015
Step 2: Calculation of the Weekly Increase
Operating 5 days a week:
1.0155≈1.0771.015^5 \approx 1.0771.0155≈1.077
This represents a weekly increase of 7.7%.
Step 3: Calculation of the Annual Increase
Operating 50 weeks a year:
A=P×(1.077)50A = P \times (1.077)^{50}A=P×(1.077)50
Step 4: Final Calculation for 1 Year
A=100×(1.077)50A = 100 \times (1.077)^{50}A=100×(1.077)50
We calculate (1.077)50(1.077)^{50}(1.077)50:
(1.077)50≈29.56(1.077)^{50} \approx 29.56(1.077)50≈29.56
Therefore:
A≈100×29.56A \approx 100 \times 29.56A≈100×29.56
A≈2.956A \approx 2.956A≈2.956
Step 5: Final Calculation for 5 Years
To calculate the amount after 5 years, we apply the annual growth for 5 years:
A=100×(29.56)5A = 100 \times (29.56)^5A=100×(29.56)5
We calculate (29.56)5(29.56)^5(29.56)5:
(29.56)5≈6.28×107(29.56)^5 \approx 6.28 \times 10^7(29.56)5≈6.28×107
Therefore:
A≈100×6.28×107A \approx 100 \times 6.28 \times 10^7A≈100×6.28×107
A≈6.28×109A \approx 6.28 \times 10^9A≈6.28×109
A≈6,280,000,000A \approx 6,280,000,000A≈6,280,000,000
Conclusion
With a strategy of earning 1.5% daily profit, trading 5 days a week for 5 years, starting with an initial capital of $100, you could have approximately 6.28 billion dollars.
This would be in a completely favorable scenario, without losing in the process, do you think you can achieve that daily profit? It's only 1.5%
Remember, nothing is impossible