/biz/ - Business & Finance

>>23109976
>penny stocks
stop buying penny shit

>>22804293
>>22804308
... why are you buying penny stocks anon?

>>22642800
haha are you telling me GME isn't a meme and people are actually betting on it?
Good fucking lord guys they filed for bankruptcy months ago

>>16003554
>>16003600
>pennyshit

>>15511948
Kelly's criterion can be read about in his original paper (he worked for AT&T nonetheless) here:
>http://www.herrold.com/brokerage/kelly.pdf
I don't know much about beta weighting, but investopedia would probably have some good links to check out there. Maximizing returns and minimizing volatility is a well known mathematical problem in optimization, wikipedia unironically has the best sauce:
>https://en.wikipedia.org/wiki/Quadratically_constrained_quadratic_program

There's a buncha ACTUAL trading advice you can derive from maths alone. I trade on mathematical principles alone - I don't even look at a chart when I buy shit, it's all just numbers to me. Most of the "psychology" bullshit is false and/or touted by people who want to sell you a course.

>>15288877
saw this, reminded me of you <3