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Carcurating ROI?

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  1. 07-26-2008 12:26 AM #1
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    Ragnar4
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    Default Carcurating ROI?

    How? How I do dis?

    Sit and Go's specificarry.

    What is Formura?
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
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  2. 07-26-2008 10:02 AM #2
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    Formula: [(Profit-Investment)/Investment]=ROI%


    Step1: Take the amount of your total investment, including rake. For example, if you bought into $950 worth of SNG's and your rake was $50, then your total investment is $950 + $50, or $1,000.

    Step2: Then take the amount of profit or loss associated with your investment. If your $1,000 investment has grossed $1,200, then your profit is $1,200 - $1,000, or $200.

    Step3: Calculate the ROI by dividing the profit by the total investment: $200/$1000 = 0.20, or a 20 percent ROI.
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  3. 07-26-2008 11:33 AM #3
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  4. 07-26-2008 02:42 PM #4
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    awesome!

    You guys win at life!
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
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  5. 07-26-2008 09:38 PM #5
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    only way I ever did it .
    Just dipping my toes back in.
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