monthly and daily percentage
Mar 03, 2011 at 12:40
948 Views
1 Replies
forex_trader_17561
Member Since Aug 31, 2010
18 posts
Mar 03, 2011 at 12:40
(edited Mar 03, 2011 at 12:48)
Hi, I'm quite new here and have a question regarding the monthly and daily percentage. Say the monthly percentage is 10%, does this mean based on the performance, the system is expected to gain 10% per month (compounding)? So if i started with $100, in six months i should have $177, which is 77% gain. Or does it mean my gain in six months should be 60%, $160??
Member Since Jul 31, 2009
1444 posts
Mar 10, 2011 at 07:39
rsflint posted:
Hi, I'm quite new here and have a question regarding the monthly and daily percentage. Say the monthly percentage is 10%, does this mean based on the performance, the system is expected to gain 10% per month (compounding)? So if i started with $100, in six months i should have $177, which is 77% gain. Or does it mean my gain in six months should be 60%, $160??
That is an average rate of the system, following the principle of the system - ie if the system is compounding, then that is a compounding rate, otherwise not (in which case the compounding rate would be higher as you've suggested).
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
