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How to Design a Strategy That Works
As the P&O increases premium capture increases as you go down and then the capital efficiency ratio so this is one of those really good examples of when you're designing a strategy there isn't any one metric that's going to tell the whole story. If for some reason you just want to have a high frequency of winners you don't wants to have a big book size you know do 10% you're going to make money. The math does not lie okay now as we push past and I told you earlier I have changed to 60% for the profit target because it looks like you get a slight pop in the capture rate.