TNA Trading Challenge

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userque said:
[PLEASE SEE MY BELOW RESPONSE(S) AS WELL]

Since so many on these boards have difficulty with percentages, I did a show-you-better-than-I-can-tell-you type of thing. I ran your daily percentage calculation in a simulation spreadsheet to simulate your figure over 365 days. Here are the results:



Final after 365 days: $365,438.64

Even using your numbers, the answer is still well over 361%:
$365,438.64 / $10,000.00 = 36.54386415
convert to percent: 3654.386415 %

Since some readers may still not understand how the "convert to percent" works, I've simplified that as well through example:

If someone goes from $100 to $400, what is the percentage increase? Well, the gain is $300 (400-100). Then, as you did in your post, divide the gain by the initial value: 300/100. Or 3. But, that's not 3%! You have to multiply by 100 to get the percentage, or 300%!

So, using your slightly off numbers, I'm doing even better: 3,654.38% :)

I've attached the actual spreadsheet for verification or educational purposes, but here are the top and bottom clips of it:

If needed, I can try to explain it further:

UPDATE: I forgot to subtract the initial $10 grand from the final sum of $300 grand, doing that, the corrected APR (That your daily percentage would have yielded) is 3,554.38%!
Click to expand...

Thank you soooooo much for coming here in Jan and finally showing all of us dumbasses that have been here for years how to actually do percentages.................I have personally been doing my APR's wrong all this time because I never realized we could trade TNA/TZA 365 days a year. DUH, how stupid am i!!!! Hey, my returns are actually better doing it that way, YEAH!!! Again, thanks for enlightening us!!
 
I'm not hostile, or angry. I was just being a smartass like you constantly are and I don't care for the way you talk down to others, whether they made a mistake or not. You are using 365 days to calculate your APR when the stock market is only open around 250 days each year so your theoretical returns are at least 30% higher than they should be, if nothing else. This is an obvious error to most and if YOU can make a mistake like that, well, I guess there is hope for the rest of us yet.................:rolleyes:

So what is that list, other "haters"?


userque said:
Why the hostilities chief? k0nkuzh0n got it wrong and I cleared it up? What should I have done? You're not one of those haters are you?

edited
Click to expand...
 
Intrepid_Timer said:
I'm not hostile, or angry. I was just being a smartass like you constantly are and I don't care for the way you talk down to others, whether they made a mistake or not. You are using 365 days to calculate your APR when the stock market is only open around 250 days each year so your theoretical returns are at least 30% higher than they should be, if nothing else. This is an obvious error to most and if YOU can make a mistake like that, well, I guess there is hope for the rest of us yet.................:rolleyes:

So what is that list, other "haters"?
Click to expand...

That extrapolated to 365 days would be 0.99077 * 365 = 361.6%, not even close to 2609%. 2609% means you're making 7% a day
Click to expand...

Yes, I used 365 without thinking about it because your customer first mentioned it. I'll repost the numbers using 250. I don't start things, but don't mind finishing things.

Your posting history shows your demeanor, even when you were the mlk_man. I'll post those too if you need proof.
 
userque said:
Using k0nkuzh0n's numbers I would make only $100 grand in the first year instead of $300:(:
Click to expand...
Why do you keep saying MY numbers? They are your numbers...
What I calculated just wasn't an annualized rate of return... which for the record isn't what APR stands for. I let it all go because you at least explained where you got your number, whether it was meaningful or not, I don't care to fight about especially considering you came off very arrogant in your initial responses; and its your spreadsheet so obviously you can do as you wish. Sure industry uses it, but not like you are... when a bank calculates an APR for a CD, its a guarantee, a known outcome... which isn't close as to what you are doing.

I used 365 days because your spreadsheet says 20 "Days in the challenge"... not "TRADING days in the challenge"
 
userque said:
Yes, I used 365 without thinking about it because your customer first mentioned it. I'll repost the numbers using 250. I don't start things, but don't mind finishing things.

Your posting history shows your demeanor, even when you were the mlk_man. I'll post those too if you need proof.
Click to expand...

I assume this is meant to be some sort of veiled threat, but I stand behind anything I've ever said here, so I don't know why you would think it would scare me. Looks like I have another stalker, great...........you weren't "greg" in another life were you?

I don't have time to play "he said, she said" with you as I have a weekly commentary to put together for my 50 "customers". Good luck with that $100 grand, you obviously aren't making that with your TSP.
 
userque said:
Why the hostilities chief? k0nkuzh0n got it wrong and I cleared it up? What should I have done? You're not one of those haters are you?



99percent, airlift, angryninja, berline, Bill3438, Boomer01, Bronco07, catak, CrabClaw, dano1001, DreamboatAnnie, drtdkidd, Dutchy, erdude, ericchappel, ExtremeWX, Firedog, Fran1775, Geaux4it, GEW, Greensboro, jb0441, JRet@50, jrwash, k0nkuzh0n, Khotso, konakathy, law87, liltommy, Lindoug, Luke, manbolt, mbg914, NativeLander, No-Hackle, not_to_shabby, oleg850, pmcint01, rdodson, RealMoneyIssues, ripper, Stoplight, sushicam, tctang75, The_General, Tinslinger, vafunkie, voirdire1st, weatherweenie, WhoDey
Click to expand...

Woah, why am I a hater? :confused:
 
k0nkuzh0n said:
Why do you keep saying MY numbers? They are your numbers...
What I calculated just wasn't an annualized rate of return... which for the record isn't what ARP stands for. I let it all go because you at least explained where you got your number, whether it was meaningful or not, I don't care to fight about especially considering you came off very arrogant in your initial responses; and its your spreadsheet so obviously you can do as you wish. Sure industry uses it, but not like you are... when a bank calculates an ARP for a CD, its a guarantee, a known outcome... which isn't close as to what you are doing.

I used 365 days because your spreadsheet says 20 "Days in the challenge"... not "TRADING days in the challenge"
Click to expand...

Regarding your numbers:
That extrapolated to 365 days would be 0.99077 * 365 = 361.6%,
Click to expand...

Regarding ARP:
on par with the accuracy of your current ARP
Click to expand...

Regarding My Initial Response (after you accused me of not calculating the number properly):
:) That's not how APR's are computed (nor compounded in reality). I'll post a reference website shortly.
Click to expand...

Regarding Guarantees:
What? I'm not selling anything...it's a contest.:blink:
 
Intrepid_Timer said:
I assume this is meant to be some sort of veiled threat, but I stand behind anything I've ever said here, so I don't know why you would think it would scare me. Looks like I have another stalker, great...........you weren't "greg" in another life were you?

I don't have time to play "he said, she said" with you as I have a weekly commentary to put together for my 50 "customers". Good luck with that $100 grand, you obviously aren't making that with your TSP.
Click to expand...

Why would you consider posting your past posts a threat?

Stalking? You can here, remember?

I'm Frank, not Greg. So you had issues with "Greg" as well?

"he said, she said" time? You had time to come here and start playing whatever you call this. Finish the game?

Thanks, good luck to you too.
 
userque said:
Intrepid said you were a hater, not me. Ask him.
Click to expand...

Always blaming the other guy. You posted a list of names after calling me a hater, soooooooo............

Can I give you some advice, get out from behind that computer and get out in public. I truly think it will help you bud...............
 
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