cubtrader
14 posts
msg #77696
- Ignore cubtrader |
8/19/2009 3:27:32 PM
Lets say you invested $100 over 5 trading days and got a $10 return, thus getting $110 back (less commission of say $2). How would you compute ROI?
Thanks in advance………….
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dwiggains
441 posts
msg #77697
- Ignore dwiggains |
8/19/2009 3:47:57 PM
Hi
8% over 5 days or 584% annual
See ya
david
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cubtrader
14 posts
msg #77709
- Ignore cubtrader |
8/20/2009 8:59:18 AM
Thanks,
But I still can’t get from 5 days times .08 to 584%. I tried every combination 5/365 times .08……….ugh……..
Thanks again
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chetron
2,817 posts
msg #77711
- Ignore chetron
modified |
8/20/2009 9:44:20 AM
simple interest would be if you make 8(%) * 52 weeks(5 day periods per year) = 416%
8 * 52 = 416
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cubtrader
14 posts
msg #77719
- Ignore cubtrader |
8/20/2009 11:21:15 AM
Ok…thanks…..I see what I did wrong….the numerator and denominator for the time factor……..365/5=73….73*.08=5.84 or 584%.
Thanks again for your imput……………..
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