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/biz/ - Business & Finance

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>> No.53091130 [View]
File: 880 KB, 776x3713, nextSignals-on-Twitter-1-3-Trading-is-hard-work-Trying-to-guess-which-way-a-market-will-go-tomorrow-or-next-week-won-t-get-you-very-far-So-let-s-start-with-goal-setting-How-much-would-you-have-to-make-each-day-to.png [View same] [iqdb] [saucenao] [google]
53091130

>>53090224

if /biz/ ever figured out the Kelly Criterion they wouldn't be here on new years.


https://explore.paulbutler.org/bet/

>Let’s play a game. I have a coin that lands heads 60% of the time and tails 40% of the time. You have $25 and can bet on either side of the coin — every time you’re right you double your bet, and every time you are wrong you lose it.
>What would your betting strategy be?

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