DakC47 wrote:
My 'investment' is the total amount that I place on a particular match...if I trade several matches then it is the total amount I trade on all of those matches. When all of the trades are completed, then whatever I have won/lost is a % of the amount that I traded.
Example: bank = £1,000. Total amount placed on trades = £100. Total amount won when all trades have completed = £110.
I would classify that as a 10% ROI...but it matters not how you define it, as long as you are consistent in how you calaculate it, and know whether or not you are making a profit
By your definition, Dak, your roi is 110% - £110 from £100 invested! Your return on capital is 10%! Both would be admirable results but your post highlights how confusing the idea of a 'return' can be!