userque
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I am SHORT for 7-15-14
TNA Trading Challenge Results for 11 JULY 2014!
View attachment 29495
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.
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.
Originally Posted by k0nkuzh0n
Where did I say I chose not to do it because it was HARD?
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.
She can keep her hat on.
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.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.
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.2. I believe you said "complicated."?
oh?...3. I didn't say you accused me.
if defending myself against accusations
after you accused me of not calculating the number properly
Figured.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.
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?
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.