How do i figure my bankroll

[pawnbroker]

I am new to the game and have $3000 to start my play with.I am trying to figure my ror ,but i am not sure how to do it.I am starting with the $3000 and will be adding about five hundred a month to it.So what is my bankroll,sence i am adding to it every month.Do i figure it for a year.say $6000 plus the $3000.also i dont mind risk.i want a good rate of return.Also i know that if i wong in and out it will go up a lot.how do i figure it if i am just wong out and not woning in.I am using risk managment 2002 software.thanks

 

[twinturboguy]

Enough to cover for your loses from bad flux. It also depends on your betting spread and stragedy. I'm starting my first trip with $1000 dollars at 5$ minimum giving me 200 units to play with. This may not seem very ideal to others because of the loss I might endure in the short-run but it is enough for me to gain experience. Some believe I may have to get lucky to see a long-run profit.

As others might say, if you happen to lose half or a quarter of ur bankroll, stop and reevaluate your betting. Cut down to 1/4 kelly level bets and in the long-run you might make up for your losses.

 

[greenpsychosis]

I don't mean to steal your question, but I am really wanting to know if there is a formula of calculating the R.O.R. that one could do by hand, or would a computer program be necessary?