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Strategies & Market Trends : Ted Warren's Investolator
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To: stackedinvest who wrote (1000)4/2/2022 7:36:23 PM
From: WEagle  Read Replies (1) of 1798
 
Hi stack,

I am not answering for I2, but what I do is calculate my total gain based on the original price I paid for the stock, that is (current price - purchase price) / purchase price, and then expressed as a percent. For my gain for the week, I simply take the difference between the the total gain that I have for the current week - the total gain for the previous week. That is different from what would be obtained if I calculated the gain for the week as (the closing price for the current week - the closing price for the previous week) / the closing price for the previous week. Assuming that the stock is up from the price I paid, the second method (which I don't use) would yield a smaller percent gain for the week than the first method (which I use.) I wanted all my numbers to be based on the price I paid, not a sliding scale as the price moves up or down.

I also occasionally just simply make a mistake.

WEagle
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