Re: 11s PP: How is it possible to make a profit
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For a rookie, can anyone tell me if I am missing something.
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Heh yeh maths skills [img]/images/graemlins/wink.gif[/img].
40% ITM, say 13.33% for each of the paid placings. That's ((.133*39 + .133*19 + .133*9) - .6*11)/11 = 21.18% ROI.
That's 33.27% ROI for 44% ITM.
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