This is for those who know more math than me

How do you calculate true return?

People always ask me about my return, but I don't really know the true return because I always add to my account. So for example if I started with $1000 and I made $500 middle of the year and also added another $1000 then I made $300 end of the year, what's my return? I know it's not 40%.

Is there a formula?

How do you calculate true return?

People always ask me about my return, but I don't really know the true return because I always add to my account. So for example if I started with $1000 and I made $500 middle of the year and also added another $1000 then I made $300 end of the year, what's my return? I know it's not 40%.

Is there a formula?

Working towards CME membership