Question
Richard Dennis turned $400 into $200million in 10 years. Assuming that he traded 260 days peryear, what was his daily ROI if he traded with
a) %risk based on current capital (Dynamic Sizing)?
b) %risk based on original capital (Static Sizing)?
2. Assume you make an average of 0.2% per day. How manydays did it take to make a total of 300% ROI if you used
a) %risk based on current capital (Dynamic Sizing)?
b) %risk based on original capital (Static Sizing)?
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
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