Kelly Criterion and Optimal Position Sizing - Excel Example
Position Sizing can make or break your trading results. Use the Kelly Criterion to identify the mathematical optimum amount of capital which you should allocate to any given trade (or even a fraction of this) to ensure the maximum gain for your trading strategy. The results of this were mind blowing and just HAD to share this with you on the channel.
Blog: https://blogs.cfainstitute.org/invest...
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Excel file: https://cryptowizards.net/wizards/dow...