Backtesting Strategies Properly·Lesson 23 of 38·20 min
Kelly criterion, fixed fractional, risk per trade
This lesson is for enrolled learners
The concept in plain words Knowing when to enter and exit a trade is only half the job — the other half is deciding how much to risk on it, and this decision has more effect on whether you survive long enough to realize a strategy's edge than almost anything else in this course. The simplest bad approach is risking……
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