Re: Calculators...??
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May 31st, 2009, 12:51 PM
#11 (permalink)
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Quote:
Originally Posted by CarrieW
the only other thing I need to figure out now is how calculate what my true roi will be when I start making withdraws from my trading account.
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I guess if you want to be precise you'll have to calc the ROI for every intermediate period and then put the pieces together.
You start with $100
After 30 days you have $130 and you want to withdraw some $20.
So you stop at this point and have an ROI for the first 30 days of 30%.
Now you start your next period with your new investment sum of $110 (130-20).
In the end you take each ROI times the no. of days you achieved and divide it by the total no. of days of the year.
roi1 *120/365 + roi2 *50/365+..
I guess that should be sufficiently precise.
Heres a more detailed explanation:
How to calculate your return on investment