8c to 32c is 400%. what you paid at 8c is 100% of your money, at 32c you have 400% of your money. the formula is:
if 8 = 100% then 32 =x%
with a balanced equation the 8 times 4 gives 32, the 4 times 100 gives 400. so the answer is 400%
to work out the PROFIT, you have total value minus cost.
so total value is 32c. cost was 8c. 32-8 is 24. 24 cents = a threefold profit on an 8 cent buy in.
in conclusion 8c to 32c will give you:
400% of capital
300% of profit
following on 12c to 32c will give you
266% of capital
166% of profit
Charting & TA Thread, page-32
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