Search results

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. Consider optimal f instead, (read the mathematics of money management by Ralph Vince) Did anyone test it out before discrediting it?

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, article was last updated in 2008 "A respected colleague recommended that we look into this package and I had hopes that it would be the one...

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 management interface. However i did not know that it does process tick with bid/ask input concurrently till you mention it. ( I do not know any other...

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 newbie to backtesting except on MT4 platform which has its limitations. If one can choose the most accurate timeframe of data to test, it has to be...