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There's a trader term for returns that are multiples of the original amount. I forget what the stem word is. Suppose it were "ball", tripling your money would be known as a three-ball, quadrupling it as a four-ball, and so on. What is the stem word? I've forgotten it, and failed to find it by searching.

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  • BTW, this sort of terminology can be ambiguous, in that 2x can mean 100% return or 200%. Nov 4, 2020 at 3:09

4 Answers 4

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From Investopedia - Tenbagger:

A tenbagger is an investment that appreciates to 10 times its initial purchase price. The term “tenbagger” was coined by legendary fund manager Peter Lynch in his book "One Up On Wall Street." While tenbagger can describe any investment that appreciates or has the potential to increase ten-fold, it is usually used to describe stocks with explosive growth prospects. Lynch coined the term because he is an avid baseball fan, and “bag” is a colloquial term for base; thus “tenbagger” represents two home runs and a double, or the stock equivalent of a hugely successful baseball play.

I hear/see 10-bagger frequently, rarely if ever other numbers but it works fine for other numbers. One thing that I dislike about the definition above is that it makes it sound like multiple plays/at bats. I think it's actually a grand slam homerun. With bases loaded a homerun causes the runner on 3rd to touch 1 bag, the runner on 2nd to touch 2 bags, 1st 3 bags, and the batter 4 all bags. 4+3+2+1 = 10. I haven't seen anyone offer that explanation before, but I always thought it made more sense.

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Two fold Three fold Etc..

Example of selling a share for $30 that you purchased for $10: "I earned three fold of what I put in."

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Traders can use any slang or description they like to describe their actions. Some examples could be:

  • I got a ten bagger
  • I hit a home run
  • I tripled my money
  • I got a 400% return
  • I increased my money five-fold
  • I double then redoubled my money

The phrases use could be anything that they want them to be.

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A scam.

Real investments don't return anywhere close to that much money. If it sounds too good to be true, it probably is, so call an "investment opportunity" that offers a return of tripling or quadrupling your money what it is: a scam.

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  • It's quite possible to get 10x returns on a high delta position. Day traders who work with derivatives very frequently get that kind of return on individual trades (but not overall). Nov 4, 2020 at 3:07
  • "Real investments don't return anywhere close to that much money." – That's not true. Anything that promises a tenfold return over less than about (say) 25 years is almost certainly a scam, and yet stocks go up tenfold over much shorter timespans all the time. Nov 4, 2020 at 19:43

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