I was having a talk with a friend of mine and topic was the max return a person can get from this market. While he insisted that 15%-20% P.A. is the max that the best in the industry can achieve by fully protecting their capital. I begged to differ. One thing led to the other and now, he has given me his account with 2 L capital with rider that, if i can achieve 100% profit in 6 months, then entire profit is mine. However, if the capital depreciates, then i'll reimburse him the difference. If its less than 100%, we'll split it down the middle, after deducting lax liabilities. Fair enough. The challenge is on...
I decided to post the progress here so that i can later reflect on this for future reference. It'll also help him track the current position of his money.
Question arises...is it feasible? will i end up paying him from my pocket ? will i end up touring Europe with my family with the fruit of 6 month's labour ?