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Old 11-18-2005, 07:13 PM
LearnedfromTV LearnedfromTV is offline
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Join Date: Jun 2005
Location: Van down by the river
Posts: 176
Default Re: Investing Bankroll

[ QUOTE ]
I think your looking at it the wrong way!

Bottom line: Why would you care if you are giving the broker even up to 5% of your profits, no matter how large that is in comparison to your starting year equity?

[/ QUOTE ]

You wouldn't, if it really were 5% of your profits, even if it were 50%. A winning player in poker can say the same thing. What matters is the net gain.

But I'll indulge you.

If (say) 7K in transaction costs on a 10K beginning equity is really 5% of your profit, then you are capable of turning 10K into 143K in one year. Can I sign up for your newsletter?

(Or if it's 7K on even 100K, 100K ---> 233K.)
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