Discussion in 'Risk Management' started by ironchef, Jul 4, 2017.
It arbitrary. To me there are no significant price points.
Maybe so but for someone who has been in this game for so long and is a successful professional money manager, your instinct must mean something? I would have guessed $14-$15.
Thank you for responding, I appreciate it.
Your advice is invaluable for days like today and weeks like last week:
By trading at < 1/4 Kelly, I am also limiting my losses. So, thanks to all you folks that help me understand Kelly and the risk of ruin.
Regards to all,
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