Table II. Yearly loss per initial amount...

Table II.

Yearly loss per initial amount invested for each type of portfolio over a five-year period and under an EW strategy

	Amount	Yearly loss – TC per share (%)	Yearly loss – TC per (%)	Yearly loss – TC per trade (%)
PBC	$30,000	0.85	10.02	2.75
	$100,000	0.75	2.89	0.80
	$300,000	0.73	1.18	0.26
	$1,000,000	0.73	0.71	0.08
	$3,000,000	0.73	0.65	0.03
	$10,000,000	0.73	0.64	0.01
PPS	$30,000	2.43	20.14	4.72
	$100,000	2.26	4.74	1.33
	$300,000	2.24	1.77	0.44
	$1,000,000	2.24	0.95	0.13
	$3,000,000	2.24	0.84	0.04
	$10,000,000	2.24	0.82	0.01
ABE	$30,000	0.46	15.00	3.83
	$100,000	0.15	3.92	1.09
	$300,000	0.08	1.53	0.36
	$1,000,000	0.06	0.91	0.11
	$3,000,000	0.06	0.84	0.04
	$10,000,000	0.06	0.83	0.01
APE	$30,000	1.80	6.73	1.88
	$100,000	1.74	2.26	0.55
	$300,000	1.73	1.28	0.18
	$1,000,000	1.73	1.08	0.06
	$3,000,000	1.73	1.06	0.02
	$10,000,000	1.73	1.06	0.01

	Amount	Yearly loss – TC per share (%)	Yearly loss – TC per (%)	Yearly loss – TC per trade (%)
PBC	$30,000	0.85	10.02	2.75
	$100,000	0.75	2.89	0.80
	$300,000	0.73	1.18	0.26
	$1,000,000	0.73	0.71	0.08
	$3,000,000	0.73	0.65	0.03
	$10,000,000	0.73	0.64	0.01
PPS	$30,000	2.43	20.14	4.72
	$100,000	2.26	4.74	1.33
	$300,000	2.24	1.77	0.44
	$1,000,000	2.24	0.95	0.13
	$3,000,000	2.24	0.84	0.04
	$10,000,000	2.24	0.82	0.01
ABE	$30,000	0.46	15.00	3.83
	$100,000	0.15	3.92	1.09
	$300,000	0.08	1.53	0.36
	$1,000,000	0.06	0.91	0.11
	$3,000,000	0.06	0.84	0.04
	$10,000,000	0.06	0.83	0.01
APE	$30,000	1.80	6.73	1.88
	$100,000	1.74	2.26	0.55
	$300,000	1.73	1.28	0.18
	$1,000,000	1.73	1.08	0.06
	$3,000,000	1.73	1.06	0.02
	$10,000,000	1.73	1.06	0.01

Note: The authors’ elaboration

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