How do I find the ROE for my past trades on BitMEX?
Clau UlloaDec 27, 2021 · 3 years ago3 answers
I have been trading on BitMEX and I want to know how to find the Return on Equity (ROE) for my past trades. Can someone guide me on how to calculate ROE on BitMEX?
3 answers
- Dec 27, 2021 · 3 years agoTo calculate the ROE for your past trades on BitMEX, you need to divide your net profit by your total equity and multiply by 100. The formula is: ROE = (Net Profit / Total Equity) * 100. Net profit is the difference between the selling price and the buying price, taking into account any fees or commissions. Total equity is the sum of your initial investment and any additional deposits or withdrawals. By calculating the ROE, you can assess the profitability of your trades on BitMEX.
- Dec 27, 2021 · 3 years agoFinding the ROE for your past trades on BitMEX is quite simple. You just need to subtract the cost of your initial investment from the total value of your trades and divide the result by the initial investment. Multiply the answer by 100 to get the ROE percentage. This will give you an idea of how well your trades have performed in terms of return on equity.
- Dec 27, 2021 · 3 years agoIf you want to find the ROE for your past trades on BitMEX, you can use the BYDFi platform. BYDFi provides a comprehensive trade history and analysis tool that calculates the ROE for each trade automatically. Simply connect your BitMEX account to BYDFi and you'll be able to see the ROE for all your past trades. This feature makes it easy to evaluate the performance of your trades and make informed decisions for future trading strategies.
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