Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D 4 pts Question 4 You've been tracking your trading performance and wish to determine the expectancy from a trade you are planning. Assume you

image text in transcribed
D 4 pts Question 4 You've been tracking your trading performance and wish to determine the expectancy from a trade you are planning. Assume you have $300,000 and wish to risk 0.50% on the trade and plan to place an 8% stop loss. The security you are following is trading at $50. Assume that you win 50% of the time and have a gain of 12% each win. When you lose, you lose 8%. What is your expectancy? $750 $485 $540 $375

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Bank Strategy, Governance And Ratings

Authors: P. Molyneux

3rd Edition

0230313345, 9780230313347

More Books

Students also viewed these Accounting questions

Question

Explain the purposes of managing performance.

Answered: 1 week ago

Question

List 4 methods to evaluate training.

Answered: 1 week ago