What am I missing? The exponential compound interest on some of these bots seems WAY too high. 1k to 172 trillio in 10 yrs? What is the limiting factor?

Ok, total newb to trading and especially auto trading.

Some of these bots are claiming upwards of 1% growth per day. 260(ish) trading days a year. If you start with $1,000 then in 10 yrs that would have over $172,000,000,000,000

There is literally no way this is possible, so what am I missing? What is the limiting factor and what is a more realistic outlook?

Obviously this is just a hole in my own knowledge. I just want to understand.

Thanks!

Submitted November 10, 2020 at 12:55PM by Chris_Herron
via https://ift.tt/2Ipfcqz

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