Finding percentage required to break even

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    Break even
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Discussion Overview

The discussion revolves around determining the maximum average loss that allows for breaking even, based on a set of data regarding wins and losses. The context includes exploring the implications of average win and loss percentages.

Discussion Character

  • Exploratory
  • Technical explanation
  • Conceptual clarification

Main Points Raised

  • Patrick presents data on wins, losses, and their respective average percentages, seeking to understand how to calculate the maximum average loss for breaking even.
  • Some participants request clarification on what the "Average Win" and "Average Loss" percentages represent in terms of their base values.
  • There is a call for additional information from Patrick to better understand the context of the averages provided.

Areas of Agreement / Disagreement

Participants express a need for clarification on the definitions of average win and loss percentages, indicating that there is no consensus on their meanings or implications.

Contextual Notes

The discussion lacks specific definitions for the terms used, which may affect the understanding of the calculations involved. There are also unresolved questions regarding the base values for the average percentages.

tumeke
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Hello there,

I have the following set of data

Wins 6
Losses 13
Average Win 14.33%
Average Loss -4.47%

I want to know how to figure out the maximum average loss at which I can still break even. I have tried a few different things but cannot figure it out.

Thanks,
Patrick
 
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Hi Patrick and welcome to MHB. :)

What have you tried?
 
tumeke said:
Hello there,

I have the following set of data

Wins 6
Losses 13
Average Win 14.33%
Average Loss -4.47%
What does this mean? "Average Win" is 14.33% of what? "Average Loss" is -4.47% of what?

I want to know how to figure out the maximum average loss at which I can still break even. I have tried a few different things but cannot figure it out.

Thanks,
Patrick
 
Country Boy said:
What does this mean? "Average Win" is 14.33% of what? "Average Loss" is -4.47% of what?

I was hoping for additional clarification from the OP. Thanks for pointing that out.
 

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