It's about right. If you want a real, Manhattan attorney, you can expect to pay upwards of 1,000 / hr. And this is not a one-time cost to set up...
Keytruda, where it can be used, is pretty amazing stuff and her oncologist told us he is considering putting her on it if her cancer returns in...
Two years ago, to the exact DAY, I dropped my wife off for chemotherapy, and I went to buy the best mattress I could find for her to die on. (The...
Never, ever, EVER put yourself through the wouldda/shouldda/couldda's in this game. That negative stuff will, at best, just eat you up. You...
I've found volume analysis to be perhaps the single-biggest indicator of short-term price direction I;ve encountered in forty+ years, and despite...
I try to read most threads here and on other venues, I'm just often several days behind. If I don't respond, oftentimes it's because I jsut don't...
My apologies if going way off-topic, but I think we should really be careful with any ideas that occur in the limit. A lot of what all of us are...
Yes In the single-proposition case, the convergence (of the expected growth-optimal point) is very fast. However, the inflection point and the...
Nonlinear, the other paper along these lines (and shows as well as the calculation for the manifold of inflection points) also shows the...
Oly, the book that covers a lot of what is in this thread is the "Risk-Opportunity Analysis" book, which is also the least expensive, and covers...
True only on the first trade. After some t trades, that point beings to migrate "rightwards, and has, as its asymptote (as t->infinity) the...
This, like expectation, like risk of ruin or drawdown, like the expected growth optimal-quantity to risk itself, is a function of horizon...
Very true I think. An example is doubling down on roulette, a truly losing proposition in the long run, until you have a winner. This is an...
But expectation may NOT be what you think it is, what the generally-accepted means of determining it is (probability-weighted mean outcome)....
Tony, A number of years ago I thought you had to have a mechanical system to implement it, but I don't anymore as I primarily trade only for...
Oh thanks John I just saw this. Anything that I have has been given to me.
Yes, to trade the equity curve itself you need some sort of discernible auto-correlation of returns (and a belief that it is not a spurious...
I think it depends on what your criterion is (to the notion of trading your equity curve "working"). Let's suppose my criterion is expected growth...
Bill, Remember though that the answer to both of Zhu's equations here, the Kelly Criterion itself, is NOT a percentage (it just often...
Jim, You're absolutely right! Where you say: << The rhs of Vince Equation (1a) is identical in form to the rhs of Zhu Equation (2.1). This...
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