The Kelly Criterion suggests smaller bets are better than larger bets to avoid risk of ruin. The formula tells you mathematically how small a bet you should make to get an optimal return.
No, if you have $100 and you risk $50 and lose, your next bet will be $25. Using this method you always use the K value from current bankroll not from starting bankroll.
@@itslike123 walk 25% of the way across the room.... then 25% of the remaining distance... then 25% of the remaining distance... Keep going on this way .... I know you can do it
The Kelly Criterion suggests smaller bets are better than larger bets to avoid risk of ruin. The formula tells you mathematically how small a bet you should make to get an optimal return.
Very helpful video 👏
Really useful stuff, thanks.
...I feel the spread and market limit would not keep allowing 25% of capital as Lot size.
More loud, plz
25% on a 50%W/L strategy is going to be catastrophic very soon. Once you get 4 losses in a row, you are wiped out
No, if you have $100 and you risk $50 and lose, your next bet will be $25. Using this method you always use the K value from current bankroll not from starting bankroll.
@@burrellinvestments5952 still you will be wipped out lol, don't use it guys trust me
@@itslike123 walk 25% of the way across the room.... then 25% of the remaining distance... then 25% of the remaining distance... Keep going on this way .... I know you can do it
@@firestormlivingsolutions lol lol
@@burrellinvestments5952 I feel the spread and market limit would not keep allowing 25% of capital as Lot size.