29th July 2008, 09:59 AM
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Member
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,457
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Quote:
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Originally Posted by Chrome Prince
Shaun, yes it's confusing trying to look at it in reverse.
I keep it simple, your POT is your profit divided by your total investment.
So if you outlayed $1,000 overall and your balance is $1,050 after commission, you work it out at $50/$1,000 or 5% POT.
If your loss is $50, your LOT is 5%.
Trading and arbing can also be worked out this way...
Total profit divided by total back amounts plus total lay amounts
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So what you outlay is what you paid out on winners
Eg. lay $10 @ $4.50 and it won i would lose $35.00
The $35.00 is what i would regard as outlay |