Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Assume that you have a $100,000 account and you are willing to risk 5% of your capital on an idea. You determine that the there

Assume that you have a $100,000 account and you are willing to risk 5% of your capital on an idea. You determine that the there is $4 of risk in your trade. What should be your maximum position size?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Infographic Guide To Personal Finance

Authors: Michele Cagan CPA, Elisabeth Lariviere

1st Edition

1507204663, 978-1507204665

More Books

Students also viewed these Finance questions

Question

★★★★★

The income statement for Wholly Bagel Company for the current year ended June 30 and balances of selected accounts at the beginning and the end of the year are as follows: Prepare the cash flows from...

Answered: 1 week ago

Question

★★★★★

66. a. Show that if X has a normal distribution with parameters m and s, then YaXb (a linear function of X) also has a normal distribution. What are the parameters of the distribution of Y [i.e.,...

Answered: 1 week ago

Question

★★★★★

Your company is deciding to expand to the following countries, and you and two other managers will have to visit these countries to set up operations. You have $1,500.00 to convert in each currency....

Answered: 1 week ago

Question

★★★★★

(Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on hand,...

Answered: 1 week ago

Question

★★★★★

In a small open economy, if the Bank of Canada allows the exchange rate to vary freely, an expansionary fiscal policy causes the dollar to appreciate and net exports to fall. the dollar to appreciate...

Answered: 1 week ago

Question

★★★★★

Explore the qualities and qualification of human resource management

Answered: 1 week ago

Question

★★★★★

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

★★★★★

Explain the process of Human Resource Planning.

Answered: 1 week ago

Question

★★★★★

Preparing Financial Statements and Closing Process Beneish Company has the following account balances at December 31, the end of its fiscal year. Debit Credit Cash . . . . . . . . . . . . . . . . . ....

Answered: 1 week ago

Question

★★★★★

Financial Statement Preparation: Prepare the income statement, balance sheet, and cash flow statement for a given company using provided trial balance data.

Answered: 1 week ago

Previous Question Next Question