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Strategy

Type a method, such as momentum, DCA, or the Sharpe ratio. The page reads the Wikipedia lead and any passage already stored here. A description is not a promise of profit, and a return is shown only when a source states it.

Wikipedia

Kelly criterion

In finance, the Kelly criterion is a formula for risk allocation with the sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate. John Larry Kelly Jr., a researcher at Bell Labs, described the criterion in 1956.

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  • Kelly criterion

    In finance, the Kelly criterion is a formula for risk allocation with the sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate. John Larry Kelly Jr., a researcher at Bell Labs, described the criterion in 1956.

  • Kelly criterion

    Trading strategy note from Wikipedia, “Kelly criterion”: In finance, the Kelly criterion is a formula for risk allocation with the sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate. John Larry Kelly Jr., a researcher at Bell Labs, described the criterion in 1956. This describes the method. It is not a measured return.

  • Kelly

    Type a win rate as a percent and a payoff multiple. The page returns the full Kelly fraction and half of it. Full Kelly is the win rate minus the loss rate divided by the multiple. Half Kelly is half that fraction. A negative fraction means the numbers do not pay for the losses. This is a formula on the two numbers you type. It is not a measured edge, and it does not size an order.

  • Criterion Theatre (Bar Harbor, Maine)

    The Criterion Theatre is a historic performance space at 35 Cottage Street in downtown Bar Harbor, Maine. Built in 1932 when Bar Harbor's summer scene was at its height, it is one of only two Art Deco theaters in the state of Maine. The theatre has in recent years struggled for financial solvency but was purchased in 2014 by a nonprofit organization. After a major renovation, the theater reopened for business in May 2015. It was listed on the National Register of Historic Places in 1980.

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What you use it for
Type the name of a trading method and read the Wikipedia lead, plus any passage this server has already stored about it.
What the numbers are
The lead is the public summary of that page. Shelf lines are passages training stored, including strategy notes. Links below open desks that compute a DCA path, risk, volatility, or a live price.
What it leaves out
A description is not a promise of profit. This page does not invent a return, a backtest, or a price. It does not send an order.

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