Question: Question 7 5 pts You've been tracking your trading performance and wish to determine the expectancy from a trade you are planning. Assume you have

 Question 7 5 pts You've been tracking your trading performance and

Question 7 5 pts You've been tracking your trading performance and wish to determine the expectancy from a trade you are planning. Assume you have $360,000 and wish to risk 2% on the trade and plan to place a 10% stop loss. The security you are following is trading at $60. Assume that you win 30% of the time and have a gain of 20% each win. When you lose, you lose 8%. What is your expectancy

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!