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Excel Question For Keeping Track Of P&l


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Calling all nerds (ok I'm one too),I have a large column in excel that I track my P&L with. I'd like to calculate my average win and average loss. Any of you have a formula for this? Basically if its a NEGATIVE number it needs to go to the loss formula and if its a POSITIVE number it needs to go to the win formula. I could separate my P&L in to separate loss/win columns but I'm sure there must be a more elegant way to do it without having to unformat the data like that.EXAMPLE of how the P&L is organized: NET-$199.00 $340.00 $420.00-$180.00 $659.00 $570.00-$150.00

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The easy way is to have two columns, one for Profits and the other for Losses then take the average of each. Keeping everything in a same column you'll probably need an IF statement within the AVERAGE command.Event Profit Loss

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Thanks for the link. I think I will! Or just copy some of their code in to mine. I spent so much time on my sheet that I don't want to murder it quite yet.

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