Position Sizing: The Kelly Criterion and Fixed Fractional for Traders

Chart illustrating Kelly Criterion and Fixed Fractional position sizing methods for traders.

Most traders spend months finding the right strategy and five minutes deciding how much to risk per trade. That’s the most expensive mistake in this business. The Part of Trading Nobody Talks About Ask a trader what they’re working on and they’ll tell you about their entry signals, their indicators, their backtested edge. Ask them … Leer más