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Re: Steady_T post# 152333

Tuesday, 01/03/2012 11:05:56 PM

Tuesday, January 03, 2012 11:05:56 PM

Post# of 312101
Let me see if I can make it easy for him. When you have doubled your money you are up 100%, not 200%. It's your original investment plus the 100% increase that gives you the double.

So when you're up 300% the value of your money will be your original investment plus the 3x you've made on that investment.

.70 + (3 x .70) = 2.80

Got it?

Have you figured out the reason why you can never be up 300% when you've shorted a stock, only a maximum of 100% (your original investment - assuming the share price goes to zero)?

techisbest

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