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roaminoz

12,359 Posts.

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13/03/17

10:22

Post #: 23293712
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Originally posted by rick64 ↑

So has anyone got a formula I can use to tell me what percentage I need to gain back my principle? Say I lost 20% on a $1 stock,
is there a formula that tells me what % of 80c I need to get back to $1?

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Formula = Buy in divided by current price minus 1 times by 100 = %

1.00 / 0.80 = 1.25 - 1 = 0.25 x 100 = 25%
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