A Antonio (not verified) 4th October 2020 | 9:40pm Thank you for the article Alon. I'd like to double check my numbers with you to make sure I understand properly. My system has a winning rate of 79%. The average win is 3%. Average loss 0.8% =(0.79/0.008-(1-0.79)/0.03) The Kelly % according to your adjusted formula is 9175%. This doesn't make much sense to me. Am I making a mistake? Reply
Thank you for the article Alon.
I'd like to double check my numbers with you to make sure I understand properly.
My system has a winning rate of 79%.
The average win is 3%.
Average loss 0.8%
=(0.79/0.008-(1-0.79)/0.03)
The Kelly % according to your adjusted formula is 9175%.
This doesn't make much sense to me. Am I making a mistake?