the article does not say that kelly applies to a game with more than 2 outcomes or taking an average of winners or losers
Then could you point me to any source regarding the above? Thanks.
Murray is right, Kelly only applies if there are only 2 outcomes,1)win amount is the same, and so is 2) the loss which does not apply to trading....
Hi Leed, Thanks for your comments for the review on NeoTicker, its really worth considering
RedEyeFly Found this review on http://home.comcast.net/~countertrender/AI_for_the_Individual_Trader.pdf Might be a useful read to you,...
Hi LeeD Thanks for the information. I did go to TickQuest website and had a look at neoticker. It did not mention it has any portfolio/money...
Hi This is my first post here. Would be glad if any advice could be given. I am trying to backtest a few major forex currency pairs. I am a...
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