MHB Finding percentage required to break even

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The discussion centers on calculating the maximum average loss needed to break even, based on a dataset showing 6 wins and 13 losses, with an average win of 14.33% and an average loss of -4.47%. Participants seek clarification on what the percentages represent, specifically the base values for the average win and loss. The original poster, Patrick, expresses difficulty in determining the maximum average loss for breaking even despite trying various methods. The conversation highlights the need for clearer definitions of the terms used in the calculations. Understanding these metrics is essential for accurately assessing break-even points in this context.
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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