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Search: Posts Made By: dutchbookmaker
Forum: Psychology and Money Management January 6th, 2011, 08:10 AM
Replies: 39
Views: 11,038
Posted By dutchbookmaker
If you don't have an edge, the optimal bet size...

If you don't have an edge, the optimal bet size using Kelly is 0. Don't place the trade, don't make the bet.
Everyone here I'm sure believes that risk management is just as important as what and...
Forum: Psychology and Money Management January 2nd, 2011, 02:07 PM
Replies: 39
Views: 11,038
Posted By dutchbookmaker
Understanding the optimal bet size for a given...

Understanding the optimal bet size for a given edge does not detract from the ability to use a heuristic such as 2%.
Using only the heuristic though says absolutely nothing about the optimal bet...
Forum: Psychology and Money Management December 30th, 2010, 11:35 PM
Replies: 39
Views: 11,038
Posted By dutchbookmaker
Ralph Vince book The Leverage Space Trading Model...

Ralph Vince book The Leverage Space Trading Model deals with optimal bet size for multiple trading instruments.
The 2% "rule" is rather pointless without some kind of edge estimation. Keep in mind...
Showing results 1 to 3 of 3

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