1. Yield vs. ROI
I'm assuming its a personal preference, but since there is a difference in ROI and Yield, curious as to what is most commonly preferred to measure performance.
I know some may say they are the same thing...but they're not.
ROI is the %age your bankroll has increased from its initial starting bank
Yield is how many times you had to re-invest your say 100 to get to the 300, and the resulting %age profit made from re-investing.
Is one preferred over the other?
Another question, on Yield
I use a formula of [(aw - ab) / ab] x 100%
aw = amount won
ab = amount wagered/risked
But if you risked $1250 to win say $1190, is your Yield still negative?
Ex. 1190-1250 = -60
-60/1250 = -0.048 or -4.8%
So is Yield really -4.8% or did I forget something?