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.
Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 4.37% on an annualized basis producing an average annual return of 17.72%. Currently, Intercontinental Exchange has a market capitalization of $78.12 billion.
Buying $100 In ICE: If an investor had bought $100 of ICE stock 15 years ago, it would be worth $1,159.92 today based on a price of $136.43 for ICE at the time of writing.
Intercontinental Exchange's Performance Over Last 15 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!