Here's a little something for all the math geeks out there. I hope you guys enjoy it as much as I do.
Note: What Weideman refers to as the odds of a bet, v, is simply the win/loss ratio in trading lingo.
Note: What Weideman refers to as the odds of a bet, v, is simply the win/loss ratio in trading lingo.
Attached File(s)
Kelly Formula Derivation.pdf
67 KB
|
1,411 downloads
Domo Arigato, Mr. Roboto!