When calculating drawdown, we include swap and brokerage costs. What are your thoughts on including tax? Tax is an expense we pay when we have a profitable year. I haven't read any literature saying we should include tax, but it obviously causea a dip in our equity curve.
- Joined Jan 2010 | Status: overcaffeinated.... | 1,540 Posts
si hoc legere scis nimium eruditionis habes
- Joined Jan 2010 | Status: overcaffeinated.... | 1,540 Posts
si hoc legere scis nimium eruditionis habes