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#1
12-08-2004, 03:55 PM
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stock and gambling system
Hello, I want to ask everyone about a system I read about but cannot find now that is for the stock market and gambling. it goes something like this, investing or betting a percentage of your bankroll, ie 20% or 10% as your bankroll goes up or down. Ideas please.
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#2
12-08-2004, 10:05 PM
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Re: stock and gambling system
Not sure if this is what you are looking for, the "Kelly Criterion"? Not sure how you get 10% or 20% from that though, unless that's the average rate the market has gone up in the past that you're assuming is your "edge". - Tony
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#3
12-09-2004, 12:32 PM
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Re: stock and gambling system
Yes that is it. What do U know of it? Thanks Again for the reply
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