Kelly criterion trading: the formula and why you should use less
The Kelly criterion gives the optimal bet size from your win rate and payoff. Here is the formula, a worked example, and why full Kelly ruins traders.
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Practical guides on trading journals, prop firm rules, trading psychology, and the math behind profitable trading. Written for serious traders.
The Kelly criterion gives the optimal bet size from your win rate and payoff. Here is the formula, a worked example, and why full Kelly ruins traders.
MNQ vs ES is two questions, not one: which index, and which size. Here is how the contract specs, tick values, and risk compare for prop futures traders.
How to size every trade using fixed dollar, fixed percent, and Kelly criterion sizing. The math, the tradeoffs, and what actually works on a prop account.