RE: How do you compensate for shooting from an elevated stand?
You simply have to try it and see what it does to you and how much. My wife and I it makes different amounts of difference, neither of which is enough to worry about hunting.
For the horizontal distance folks, run the numbers, you will be within 1-2 yards unless you go very highand shoot close. With any modern bow the point of impact on a 1-2 yard distance change, at treestand hunting distances, it trivial.