5th June 2006, 01:28 AM
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Member
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Join Date: Jan 1970
Posts: 4,440
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Wesmip1,
You need to determine where the profit comes from, i.e. outlying dividends.
How many of the maximum dividend make up the profit.
Did the profit come from a series of races in one month or does it show a steady progression each month for years?
It doesn't matter is the profit is haphazard, as long as it is not restricted to a single set of results.
Hope this gives you some ideas.
So in effect you could end up with monthly P/L like this:
Plus
Minus
Minus
Plus
Minus
Plus
Plus
Minus
Plus
etc
If it's like this:
Minus
Minus
Plus
Minus
Minus
Minus
Minus
Minus
Minus
Minus
Minus
Minus
Minus
Plus
Minus
Minus
Start worrying!
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