011: Ralph Vince talks position sizing, the different applications of optimalf, trading horizon, diversification and his changing views over 25 years.
Better System Trader
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The Nature of the Curve
You have already touched upon the nature of the curve, but i'd just like to ask a little bit more on that. I've got a quote here that you made in the ifter journal. Whose optimal point represents the correct fraction of a stake to risk to result in the greatest geometric growth accib toptically? It is nature of thecurve whose bounding allows us to study the different phenomena of the curve and provide a context from which we pursue criteria other than mere growth maximization. So let's use the f value as a proxy for drawdown. As soon as the largest loss is hit, revens at least an uf % drawdin.
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