[amibroker] Re: how is the profit for shorts calculated?

["amiabilityy" <amiabilityy@xxxxxxxxx>]

  Thanks chuck, this will make it harder to calculate in a spread 
sheet.

 I was hoping to just reverse the short and cover columns and use a 
long profit calculation.

 Peter.

--- In amibroker@xxxxxxxxxxxxxxx, "Chuck Rademacher" 
<chuck_rademacher@x> wrote:
> I wish you were correct about shorting at $10 and covering at $5 
giving you
> a 100% profit.  Unfortunately, it's only a 50% profit.
> 
> Let's take the long example first, buying 100 shares.
> 
> You buy a stock for $5.
> You sell it at $10.
> You invested $500 and made a $500 profit
> You have made a 100% profit.
> 
> 
> Now, let's take the short example:
> 
> You short a stock at $10.
> You cover at $5.
> You invested $1000 (not $500) and made a $500 profit.
> You have made a 50% profit.
> 
> 
> The most you can EVER make by shorting a stock is 100%.   The most 
you can
> lose is your butt!
> 
> 
>   -----Original Message-----
>   From: peter j [mailto:amiabilityy@x...]
>   Sent: Wednesday, April 30, 2003 3:42 PM
>   To: amibroker@xxxxxxxxxxxxxxx
>   Subject: [amibroker] how is the profit for shorts calculated?
> 
> 
> 
>    This is about my tenth attempt to post this, i hope the other 
posts  dont
> appear.
> 
>    Hi members.
>     I have a question about short trades.
>     Is the profit basically worked out similar to a long profit.
>    e.g. the buy to sell value
>    In a short trade could the profit be worked out in reverse
>   ( not in reference to ami, will be used for a spread sheet)
>     e.g.  If the short was $10.00 and the cover was $5,
>     could i reverse these and say that there was a %100 profit.
>    or are there oddities when working out the  profit of a short 
trade.
>     Peter.
> 
> 
> 
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