Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Some interesting values to put in are
win/loss :3
win prob: .55
The optimal bet size for what people typically say as their edge is 40% of the account per bet. Obviously, most people are probably far over estimating their true edge.
Probably more interesting to play around with than the equity curve itself is a positive kelly value is a system with positive expectancy and a negative value is one with negative expectancy.
With the winning 3 times what you risk idea, a win rate of 25% is the threshold between positive and negative expectancy per bet.
The "common trading wisdom" double whammy of searching for a completely over stated edge, then even if finding one completely under betting it.
