Lyehopper's Roundup....

[skiracer]

I've always figured it that if you start the year on Jan. 1 with $100,000 in your trading account and you end the year with $125,000 in that account then you made $25,000 profit or $25,000 / $100,000 = 25 % gain. I like to keep it simple an if you have more than what you started with then you made a gain an if you have less than you started with then you made a loss for the year. I think alot of people make it to complicated by trying to make it look better by fooling around with the numbers.

[IIC]

Wouldn't this work : TDY/TDH X %Gain or loss = annualized gain (or loss)

TDY= trading days in the year

TDH= trading days held

billyjoe

Well...IMO it would...But Rob's post really enlightened me...Now I know how IBD comes up with all those wild-ass Percentage claims.

I'll give Rob the Short thing...but "componding" is not the actual annualized gain...it is a projected annualized gain assuming the same set of circumstances.

Maybe I should go back on My IIC Top 10 thing where I tell you what you would have made if you bot all of them at Monday's open and sold at Friday's close...As of 4/28 (I don't the 5/7 figure yet) it was +23% YTD...But if I assume you compounded each week it would be 1 million percent...LOL

[IIC]

I've always figured it that if you start the year on Jan. 1 with $100,000 in your trading account and you end the year with $125,000 in that account then you made $25,000 profit or $25,000 / $100,000 = 25 % gain. I like to keep it simple an if you have more than what you started with then you made a gain an if you have less than you started with then you made a loss for the year. I think alot of people make it to complicated by trying to make it look better by fooling around with the numbers.

I don't want Rob to take this personally...Because now I understand what he's doing...And it's not directed at him...But your post reminds me of one thing that my Dad always told me: "Liar's figure...But figures never lye"

[Lyehopper]

I don't want Rob to take this personally...Because now I understand what he's doing...And it's not directed at him...But your post reminds me of one thing that my Dad always told me: "Liar's figure...But figures never lye"

Figures never lye?.... You daddy's old saying is very strange....


Lye is a caustic solution used for glass and soap making. It may be:

• sodium hydroxide (soda lye) or
• less commonly, potassium hydroxide (potash lye).

Lye is a caustic solution used for glass sodium hydroxide (soda lye) or

• less commonly, potassium hydroxide (potash lye).

[IIC]

Well...IMO it would...But Rob's post really enlightened me...Now I know how IBD comes up with all those wild-ass Percentage claims.

I'll give Rob the Short thing...but "componding" is not the actual annualized gain...it is a projected annualized gain assuming the same set of circumstances.

Maybe I should go back on My IIC Top 10 thing where I tell you what you would have made if you bot all of them at Monday's open and sold at Friday's close...As of 4/28 (I don't the 5/7 figure yet) it was +23% YTD...But if I assume you compounded each week it would be 1 million percent...LOL

Well...I just looked...the 23% is compounded...I don't personally do the math...So I didn't notice before.

[Rob]

More About Figuring

I did a little searching around on the net, and I found a few items of interest.

Calculating annualized returns:
Investopedia.com (This one shows the formula like the one I used.)
invest-faq.com (So does this one.)
gummy-stuff.org (This one has a cool calculator you can use.)
If you want to see more, click here.

Now, with regard to calculating the return on a short position, according to this page on Investopedia.com you're supposed to figure the return on the short using the PROCEEDS of the initial sale as the denominator, which is not the way I have it on Lye's Roundup spreadsheet. I kind of disagree with the logic, but I can switch it to work that way if that's the way it's conventionally figured.

[IIC]

Figures never lye?.... You daddy's old saying is very strange....


Lye is a caustic solution used for glass and soap making. It may be:

• sodium hydroxide (soda lye) or
• less commonly, potassium hydroxide (potash lye).

Lye is a caustic solution used for glass sodium hydroxide (soda lye) or

• less commonly, potassium hydroxide (potash lye).

Oop's...Guess I made a spelling error...LOL

But I looked up caustic at Dictionary.com and it also means:

Corrosive and bitingly trenchant; cutting. See Synonyms at sarcastic.

BTW...Who gave you your nickname???

[Rob]

... By The Way

. . . you're supposed to figure the return on the short using the PROCEEDS of the initial sale as the denominator . . .

By the way, that's the we HAVE been doing it on the POTW.

[Lyehopper]

Oop's...Guess I made a spelling error...LOL

But I looked up caustic at Dictionary.com and it also means:

Corrosive and bitingly trenchant; cutting. See Synonyms at sarcastic.

BTW...Who gave you your nickname???

Your Mama.....






























JUST KIDDING DOUG-E-FRESH!!!!JEJEJEJEEEEEEEE....errrrrrrrrrr....caustic

Actually last year I posted a little story here about that somewhere.

Lyehopper Hollow is an actual place on my farm. And I call my farm Lyehopper Hollow farm. I took up the handle Lyehopper several years ago on Yahoo.

[Rob]

Lyehopper Holler

Lyehopper Hollow is an actual place on my farm.

And the correct pronunciation is "Lyehopper Holler."

[IIC]

UNBELIEVABLE!!!

I put in Lyehopper Hollow in Google...And My thread comes up as the 1st Listing:

[billyjoe]

Lye,
If Gehl made a lyehopper, what material would they use to prevent corrosion ?

billyjoe

[billyjoe]

Doug,
Lots of you guys are becoming famous. Spikefader and Mr.Market also come up #1 in google. Who else ?

billyjoe


p.s. Quasi-Ernie has already skyrocketed to #1 on google , amazing !

[Lyehopper]

Lye,
If Gehl made a lyehopper, what material would they use to prevent corrosion ?

billyjoe

316 stainless steel....

[Websman]

Doug,
Lots of you guys are becoming famous. Spikefader and Mr.Market also come up #1 in google. Who else ?

billyjoe


p.s. Quasi-Ernie has already skyrocketed to #1 on google , amazing !

Vulcantraders .com comes up if you put in Vulcan traders, and if you put in Websman, I come up first...