ADN 0.00% 0.6¢ andromeda metals limited

Always quick to jump on here, professing to be a genius. Just...

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  1. 22,683 Posts.
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    Always quick to jump on here, professing to be a genius.

    Just like your calculations, the difference between 5 and 7 DOESN'T matter,

    to me, although it seems to, to you.

    Shows how little I know? I've probably FORGOTTEN more about

    numbers, profit/loss, interest than you'll ever know.

    And if I buy at 5, and it goes back to 3, what's the profit margin there????

    That'd be a 40% loss ?

    Just for interests sake, did you sell at 8, and buy back at 5?

    You could have increased your holding by 60%.

    Even better than the 52% your talking to me about.

    You've totally missed the point though, I'll feel more comfortable

    buying in the future, at 7, than what I would now, at 5.

    And if it doesn't reach 7, no LOSS for me.


    "
    WRONG!

    shows how little you know about the compounding effect and leverage... you would get 40% less shares at 7"


    If you want to come here and tell all and sundry, how to trade,


    or the difference in numbers/percentages, you need to get it RIGHT.


    Buying at 7, instead of 5, is NOT 40% less shares, but only 28.57%.


    Thanks for the maths lesson just the same.

 
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