Incidentally, the calculation for 1 market/system is pretty straigthforward, and i have it on a spreadsheet. For multpiple, it gets considerably...
10/.196 = 51.02 So I would trade one share for every $51.02 in equity, so 100,000 / 51.02 = 1960 shares, yes
Ok, I never do this anymore, but I am in this case for the sake of clarity. Using the parameters of hte six scenario "game" you provided in this...
Then we aren't talking about being at the peak of the curve, at the expected growth-optimal point, but for "risk-adjusted rate of growth" we have...
And the over-arching issue, with anything in trading, "in the foxhole," is for simple things that work. There is an enormous disconnect between...
This is why I say to not use the Kelly Criterion in trading, even if one wants to be expected growth-optimal. The Kelly Criterion == Optimal f...
Kelly is what is not bound on the right at 1. The actual growth optimal fraction, the Optimal f calculation, IS bound on the right at 1. (The...
In a binomially-distributed outcome, such as you describe (two possible outcomes) as the ratio of what you can win to what you can loss gets ever...
Of course, you can get in trouble with it! The purpose, however, is you ONLY have an estimate of what hte futures percentage of winners is, this...
The pro way is to put in the stop before you put in the entry order. In the extremely rare case your stop is hit before your entry order comes,...
Not true, it does NOT lower your risk of ruin. Here is an easy way to calculate a "best guess" estimate of your "Kelly," and that is to use f...
Where were they 15 months ago?
Than you for your replies to this. MJX looks like the ticket., though the options are very, very thin. Is there a reliable price quote for the...
I have a need for a particular client wherein I need to find cannabis-related options to complete a certain strategy. Is anyone aware of any...
As long as your timeframe is long enough. Every Dow Jones Industrial Average Price ever visited has been visited an odd number of times.
It;s not a matter of what a market "does" on a report, but a matter of what happens with liquidity. I am ever mindful of the fact that on the...
True, for any of us. It is a hypothetical argument, for me, to tr to determine if I would have been better (or worse off) with the education, than...
Every house I've ever bought I've lost money on. I know there are people who make money trading houses for a living. I'm the worst at making money...
What "career path?" I studied the markets, traded, cut my own path. Is that NOT possible today?
I've been using volume for years, and I can tell you HFT has not affected things in the equities or commodities space in terms of the relative...
Separate names with a comma.