Daal, You're harping the party line, and your saying that shows that you don;t know what it is. You don't KNOW what your optimal f is in the...
Along these lines, the Kelly Criterion is not necessarily applicable trading because, contrary to what Kelly presented (p925) in his paper, it...
I believe he is referring to the Kelly formulas which give you the answer satisfying the Kelly Criterian in closed form for binomial outcomes....
Separate names with a comma.