Blasher's Feb/Mar Performance Revisited, Sorry for takin so long to get back to ya, Hokay, here is what I did, using your percentages of gain, I just plugged em in sequentially as shown in the spreadsheets, and ended up with significantly lower end profits.
As startin with a $10,000 account that that suffers a 50% loss requires the next trade to become a 100% winner to break even after just those two trades.
Adding percentages (wins and losses) would have given me:
Example #1 (50%) 100% ------- net 50% gain
Example #2 when actually I would have: Account value $10,000 times 0.5= $5,000 Account value $5,000 times 2.0= $10,000 = break even
or if whole account did not suffer the 50%, But,
Example #3 $10,000 times 0.5 or (50%)= $5,000 $10,000 times 2.0 or (100%)= $20,000 $20,000 invested makes $5000 profit: $5,000 divided by $20,000=.25 or 25% profit Which, is the method that I used in the spreadsheets for realistic examples.
I am looking for other ways of lookin at this, any education you can bring to me will be greatly appreciated, thanks, bobjack
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.