Michel Pireu Columnist

From Ben Carlson at a Wealth of Common Sense:

Traders often make the point that you need a 100% gain to recover from a 50% loss. What’s less often mentioned is that you need a 50% loss to break even on a 100% gain.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now