20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 20 years by 8.78% on an annualized basis.
Buying $100 In ATVI: 20 years ago, an investor could have purchased 30.75 shares of Activision Blizzard at the time with $100. This investment in ATVI would have produced an average annual return of 16.02%. Currently, Activision Blizzard has a market capitalization of $49.93 billion.
Activision Blizzard's Share Price Over Last 20 Years
This $100 investment would be worth $1,983.35 today based on a price of $64.10 for ATVI at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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