Kelly Criterion For Position Sizing Credit Spreads
Stock Market Options Trading
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Trade Less Than the Kelly Criterion
The kelly criterion was applied and popularized with fixed, sort of variable games like blackjack. What i would do is drop this to about ten %. I would do about a half kelly, not quite a third, but, you know, coni get a nice round number. As the account grows, your position side, sides would grow, but you're still adhering to that ten percent risk per trade.
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