What is Kelly Ratio?
- Filed under: Horse Racing News, Horse Racing Results, Horse Racing Tips
- Date: Jul 20,2009
by Ahmad Hassam In one of my articles, I talked about the criteria for developing a good mechanical trading system. There are many factors to consider while testing and evaluating a mechanical trading system. The important question is how to develop a trading system, evaluate it and then apply it with real money. We need to not only know that the trading system is profitable but also whether it is profitable with limited equity swings. Does the trading system have excessive drawdown periods
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