Thunder, great work as always!!
I have one question that I just don't get about your system. I would email you personally, because I know how annoying the peeps can get in here, but I don't have it so...
Let's say you have a 10k bankroll to start last week. You lost 12%. Now you have 8880 going into week 2. You make 67%. Now you have 14,829. By your calculations you are up 55% (-12% + 67%), but in reality, unless I am missing something, You should be up about 48%.
Anyone who has traded knows that once you go down, you need a greater percentage to get back to even and above. Namely, if you have 10k and lose 50% (taking you to 5k), you now need to make 100% just to get back to even!
Again, this is not meant negatively in anyway. I'm sure you know what you are doing... I'm just curious as to how and why you have always calculated it like that. What am I missing? Or do you just do it like that for simplicity sake and treat them more like units and not percentage?
Let me know. Or don't. I was just curious. Either way... keep up the great picking!
:toast:
I was just curious about the negative to positive thing. I still don't get how your calcs work in that scenario, but no worries.
And actually, you would be a lot better off not withdrawing since you always win. Leave the bankroll in and the plays are a lot bigger and thus, your 150-250% would probably be about 400%!
Again, if you have 10k and make 50% (15k), but then remove 30% (4500), you are almost back at your original bet and not really pushing your winning the way you could be. So, your way, if you make 50% after withdrawal, you are up $9750 (4500 withdrawal + 5250 new winnings). If you hadn't withdrawn, you would be up $12500. Just a thought. Carry on.
Love your plays
:toast:
Hey Jeff,
Will you have a play on the Fla/Tenn game later? I really like the Vols in this spot against a banged up defense & a huge revenge factor. Wanted to see if you had a lean first.
Thanks for all the winners & gl today
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