Hey guys how can I tell when I need to sell on etrade to get 100% return on the stock with the fees?

Like how would I do the math to figure out when to sell?

Thanks!

Take the amount you paid for the purchase, this is called your cost basis (It includes the amount you paid in commission to purchase already).

To figure out what it would take to double it after commission try this formula:

=(Cost Basis*2)+(Commission amount) = The value of your investment you can sell it at to give you 100% gain after commission, commission lowers your proceeds so you need to add it to increase the balance you need to sell it for 100% gain.

You can figure out the price per share necessary by dividing the amounts computed above by the number of shares you bought.

Hey guys how can I tell when I need to sell on etrade to get 100% return on the stock with the fees?

Like how would I do the math to figure out when to sell?

Thanks!