stock fee stat | Stock Market | TORN
stock fee stat
    • Pistachio [1595823]
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    Thread created on 03:43:10 - 02/06/21 (7 months ago)
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    Last replied 12:16:36 - 04/06/21 (7 months ago)
    does stock profit count including or excluding stock fees, eg if my profit is 1 mil and my fee is 1 mil do i gain 1 mil in each stat OR 0 in profit and 1mil in fees
    • sandyloam [2370395]
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    Posted on 05:28:00 - 02/06/21 (7 months ago)
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    if profit = 1 mil and fees = 1 mil you get 0 profit
    • bitch [1565696]
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    Posted on 10:37:50 - 02/06/21 (7 months ago)
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    profit stats include the stock fees
    • firefinal2 [1425079]
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    Posted on 10:45:39 - 02/06/21 (7 months ago)
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    So just to verify:

    I have a stock investment that shows 100m profit before fees.
    I have to pay 50m in fees.
    So I have 50m profit AFTER fees.

    Will that imply that my "Profit stat" goes up:
    A) 100m
    B) 50m

    My guess is B :) But havent been able to verify yet... maybe later today if CNC rises over 590 again :D

    Edit: Turns out to be A!!!
    Last edited by firefinal2 on 16:28:40 - 03/06/21
    • 12112 [2678266]
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    Posted on 13:36:09 - 02/06/21 (7 months ago)
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    Hi, 

    I can help with this one. :)

    23:00:16 - 30/05/21 You bought 206,253x Eaglewood Mercenary shares at $242.44 each for a total of $50,003,977

    00:29:23 - 31/05/21 You sold 206,253x Eaglewood Mercenary shares at $242.5 each for a total of $49,966,336 after $50,017 in fees




    From this you can see that the profits are calculated based on your buy price vs the sell price + fee.

    Which means that to assess your true stock profits you should take away the stock fees stat from the stock profits stat.

    This means that overall I am actually around -$37,000 in stocks. Hope that helps!
    • Pistachio [1595823]
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    Posted on 01:34:57 - 03/06/21 (7 months ago)
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    12112 [2678266]

    Hi,

    I can help with this one. :)

    23:00:16 - 30/05/21 You bought 206,253x Eaglewood Mercenary shares at $242.44 each for a total of $50,003,977

    00:29:23 - 31/05/21 You sold 206,253x Eaglewood Mercenary shares at $242.5 each for a total of $49,966,336 after $50,017 in fees




    From this you can see that the profits are calculated based on your buy price vs the sell price + fee.

    Which means that to assess your true stock profits you should take away the stock fees stat from the stock profits stat.

    This means that overall I am actually around -$37,000 in stocks. Hope that helps!
    that does help, i have about 8bn in profits, 2 bn in losses and 0.5bn in fees so my overall profit must be 5.5bn
    • Amrak_Dezark [2189876]
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    Posted on 04:27:23 - 03/06/21 (7 months ago)
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    Nvm
    Last edited by Amrak_Dezark on 04:28:07 - 03/06/21
    • Amrak_Dezark [2189876]
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    Posted on 04:30:13 - 03/06/21 (7 months ago)
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    12112 [2678266]

    Hi,

    I can help with this one. :)

    23:00:16 - 30/05/21 You bought 206,253x Eaglewood Mercenary shares at $242.44 each for a total of $50,003,977

    00:29:23 - 31/05/21 You sold 206,253x Eaglewood Mercenary shares at $242.5 each for a total of $49,966,336 after $50,017 in fees




    From this you can see that the profits are calculated based on your buy price vs the sell price + fee.

    Which means that to assess your true stock profits you should take away the stock fees stat from the stock profits stat.

    This means that overall I am actually around -$37,000 in stocks. Hope that helps!
    I'm confused on here. You sold for more than you bought-.- I know it's technically a profit before the fee but I feel like this should be counted as a loss lol.
    • firefinal2 [1425079]
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    Posted on 16:28:03 - 03/06/21 (7 months ago)
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    So 

    True profit is: Total profit minus total losses minus stock fees. Gotcha
    • Sheyrak [2125456]
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    Posted on 19:20:05 - 03/06/21 (7 months ago)
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    What about a player that has:

    0$ Profit
    0$ Loss
    0$ Fee

    He makes a sell with 500k "profit" before the fee, but 1$ [Profit] after the fee.
    Which would result in:

    1$ Profit
    0$ Loss
    499,999$ Fee

    If you'd calculate [Profit] - [Loss] - [Fee], you' get = minus 499,998 [Profit] (therefore loss), which seems wrong?


    And the other way:

    0$ Profit
    0$ Loss
    0$ Fee


    He makes a sell with 500k "profit" before the fee, but 1$ [Loss] after the fee.

    0$ Profit
    1$ Loss
    500,001$ Fee

    [Profit] - [Loss] - [Fee] = minus 500,002

    Basically... your [Loss] can increase, because of the [Fee] - but your [Profit] will automatically be reduced by the [Fee]...
    Last edited by Sheyrak on 19:24:50 - 03/06/21
    • firefinal2 [1425079]
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    Posted on 20:07:01 - 03/06/21 (7 months ago)
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    Sheyrak [2125456]

    What about a player that has:

    0$ Profit
    0$ Loss
    0$ Fee

    He makes a sell with 500k "profit" before the fee, but 1$ [Profit] after the fee.
    Which would result in:

    1$ Profit
    0$ Loss
    499,999$ Fee

    If you'd calculate [Profit] - [Loss] - [Fee], you' get = minus 499,998 [Profit] (therefore loss), which seems wrong?


    And the other way:

    0$ Profit
    0$ Loss
    0$ Fee


    He makes a sell with 500k "profit" before the fee, but 1$ [Loss] after the fee.

    0$ Profit
    1$ Loss
    500,001$ Fee

    [Profit] - [Loss] - [Fee] = minus 500,002

    Basically... your [Loss] can increase, because of the [Fee] - but your [Profit] will automatically be reduced by the [Fee]...
    In case 1 het gets:

    500k profit
    0 loss
    499.999 fee

    Thats the issue.
    Profit stat is calculated without regards of the fee.
    • Amrak_Dezark [2189876]
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    Posted on 20:44:41 - 03/06/21 (7 months ago)
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    firefinal2 [1425079]

    So

    True profit is: Total profit minus total losses minus stock fees. Gotcha
    I was wrong
    Last edited by Amrak_Dezark on 15:37:05 - 04/06/21
    • firefinal2 [1425079]
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    Posted on 12:16:36 - 04/06/21 (7 months ago)
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    firefinal2 [1425079]

    So

    True profit is: Total profit minus total losses minus stock fees. Gotcha

    Amrak_Dezark [2189876]

    I was wrong
    I think you dont understand how the game works =D 


    Case 1:
    We sell the stocks for 1.500.000
    We pay a total of 1.500 on fees
    We bought for a total of 1.000.000

    The stat Profit goes up by 500.000 in torn.
    The stat Fees goes up by 1.500 in torn.

    Your actual profit is in fact 498.500. Not shown in torn directly.


    Case 2:
    We sell the stock for 1.500.000
    We pay a total of 1.500 on fees.
    We bought for a total of 2.000.000

    The stat Losses goes up by 500.000 in torn.
    The stat Fees goes up by 1.500 in torn.

    Your actual loss is in fact 501.500. Not shown in torn directly.


    So if you want to see your "lifetime profits" you need to do the following:

    Check your Total Profit stat
    Substract the losses and the fees.

    True profit = Total profit - losses - fees.

    Its that simple =D


    To refer back to the earlier screenshot:
    23:00:16 - 30/05/21 You bought 206,253x Eaglewood Mercenary shares at $242.44 each for a total of $50,003,977
    00:29:23 - 31/05/21 You sold 206,253x Eaglewood Mercenary shares at $242.5 each for a total of $49,966,336 after $50,017 in fees

    Before fees he made 12.375 profit (As is seen in the screenshot)
    But the fees were 50.017 (As is seen in the screenshot)

    So his actual profit was -37.642 (Cant be seen in stats, but is derived from True profit = Total profit - losses - fees.)
    Last edited by firefinal2 on 12:18:42 - 04/06/21
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