TNA Trading Challenge

As I indicated Thurs. I made some corrections (fees being withdrawn on the wrong day). Perhaps the original anomaly I saw is due to the numbers not being internally rounded within the sheet. I'll keep thinking about that one.

As Intrepid_Timer pointed out, the annualizing formula should be based on 250 days rather than 365 days. Made that correction here and with the S-Fund Challenge. Now that my returns are low as a result, maybe there'll be less anger in the air.:)
 
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Originally Posted by userque
1. You initially tried to correct my numbers. Rather than compute the annualized rate in your calculations, you computed a simple average. This evidences the fact that you didn't understand annualizing rates. Rather than admit that, you argue that you don't do it that way. Well, when you are trying to correct someone in what they are doing, you can't correct them by doing it another way, unless that way is the correct way. You thought you were doing it correctly. For these reasons, I find you not creditable. That is my opinion.
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Originally Posted by k0nkuzh0n
I did not try to correct, I tried to duplicate. I hope you realize there are multiple ways to compute an annualized rate. You don't HAVE to include compounding (aka reinvestment). APR and APY in the context of loans and interest-baring accounts do because it can be predicted exactly with 100% certainty. And even the equation you used I believe assumes compounding daily, as opposed to yearly, monthly, hourly, or continuously.

I stand by my findings on this point. I guess we agree to disagree.

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Originally Posted by k0nkuzh0n
Where did I say I chose not to do it because it was HARD?
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Originally Posted by userque
2. I believe you said "complicated."?
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Originally Posted by k0nkuzh0n
How is that wrong? Do you not agree that including compounding is a more complicated calculation, than ignoring it? I'd venture to say no one else on this forum explicitly uses compounding like you've used it.

Lol, you asked a question. I corrected my quote. You then took my correction as though I said something was "wrong.":blink:

And finally, you are correct regarding "accusations."
 
1. You initially tried to correct my numbers. Rather than compute the annualized rate in your calculations, you computed a simple average. This evidences the fact that you didn't understand annualizing rates. Rather than admit that, you argue that you don't do it that way. Well, when you are trying to correct someone in what they are doing, you can't correct them by doing it another way, unless that way is the correct way. You thought you were doing it correctly. For these reasons, I find you not creditable. That is my opinion.
I did not try to correct, I tried to duplicate. I hope you realize there are multiple ways to compute an annualized rate. You don't HAVE to include compounding (aka reinvestment). APR and APY in the context of loans and interest-baring accounts do because it can be predicted exactly with 100% certainty. And even the equation you used I believe assumes compounding daily, as opposed to yearly, monthly, hourly, or continuously.
2. I believe you said "complicated."?
How is that wrong? Do you not agree that including compounding is a more complicated calculation, than ignoring it? I'd venture to say no one else on this forum explicitly uses compounding like you've used it.
3. I didn't say you accused me.
oh?...
if defending myself against accusations
after you accused me of not calculating the number properly

4. The website I previously posted speaks to using the equation. Obviously, if one has less than a years' data, they can only use that amount of data. I'm not going to search the internet for an example where someone calculated a yearly rate with less than a years' data. I'm fine with you doing it your way on your spreadsheet, and me doing it my way on mine: The same way I've been doing it for the S-Fund Challenge since March, which you haven't objected to.
Figured.
 
I watched Tom Petty and Stevie on stage last night doing a concert in Gainsville. I love both of their music. I watched part of a movie today titled Springsteen and I. It was impressive. God gave us Music and College Football. Happy Saturday !!!
 
does the hat count as one?

and is it the left or the right one that has the charming personality?

i'm not sure this game is going to work out so well for me.

(god rest my soul, cougar gonna get mad).
 
See you pick and choose... and apparently put words in my mouth.

Humor me...

What error did I make and where is its corresponding denial?
Where did I say I chose not to do it because it was HARD?
What did I accuse you of? I thought I addressed this already...
Can you show me an example of industry using the equation you've used, in the manner you've used it, with < 1 year of data?

1. You initially tried to correct my numbers. Rather than compute the annualized rate in your calculations, you computed a simple average. This evidences the fact that you didn't understand annualizing rates. Rather than admit that, you argue that you don't do it that way. Well, when you are trying to correct someone in what they are doing, you can't correct them by doing it another way, unless that way is the correct way. You thought you were doing it correctly. For these reasons, I find you not creditable. That is my opinion.

2. I believe you said "complicated."?

3. I didn't say you accused me.

4. The website I previously posted speaks to using the equation. Obviously, if one has less than a years' data, they can only use that amount of data. I'm not going to search the internet for an example where someone calculated a yearly rate with less than a years' data. I'm fine with you doing it your way on your spreadsheet, and me doing it my way on mine: The same way I've been doing it for the S-Fund Challenge since March, which you haven't objected to.

Humored?:)
 
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I point out errors when one insists they are not errors. Yes, I enjoy that.

It is not my arrogance that has mucked up my thread. First, I don't mind the muck. Second, if defending myself against accusations is arrogance, then so be it.

I can't defame your intelligence, only you can do that. You and IT came here, remember? You and IT had all the answers, remember?

By the way, your point about you knowing how to compound interest, yet choosing not doing it because it was hard is well taken.

I didn't do inflation in annualizing the rate because the industry generally doesn't as well.

See you pick and choose... and apparently put words in my mouth.

Humor me...

What error did I make and where is its corresponding denial?
Where did I say I chose not to do it because it was HARD?
What did I accuse you of? I thought I addressed this already...
Can you show me an example of industry using the equation you've used, in the manner you've used it, with < 1 year of data?
 
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