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.
Autodesk (NASDAQ:ADSK) has outperformed the market over the past 10 years by 8.91% on an annualized basis producing an average annual return of 19.96%. Currently, Autodesk has a market capitalization of $42.52 billion.
Buying $100 In ADSK: If an investor had bought $100 of ADSK stock 10 years ago, it would be worth $610.96 today based on a price of $196.97 for ADSK at the time of writing.
Autodesk's Performance Over Last 10 Years
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.
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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