I will never work through the Kelly math. I don't think I could and I get a headache thinking of solving a math problem, or any problem that does not translate directly to income
My student days are way, way over with for sure.
It has intrigued me for a while that it tops out at 100% bankroll. That implies that leverage can only REDUCE gains over time. Or maybe it could be interpreted that your leveraged buying power should be considered your account size?
My student days are way, way over with for sure.It has intrigued me for a while that it tops out at 100% bankroll. That implies that leverage can only REDUCE gains over time. Or maybe it could be interpreted that your leveraged buying power should be considered your account size?