Day Trading and Leverage - The Kelly Criterion

What this episode covers

Send us a textThis weeks podcast discusses some of the lessons that can be taken from the world of gambling that might help a trader with sizing their trades. We discuss what returns a trader might reasonably expect from the market. We look at the Kelly criterion (also known as the Kelly system or Kelly formula), to see if it can provide any insights to investors.Patricks' Books:Statistics for Traders: https://amzn.to/3eerLA0Financial Derivatives: https://amzn.to/3kwsPSrCo...

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Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 19 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on February 4, 2021.

What is this episode about?

Send us a textThis weeks podcast discusses some of the lessons that can be taken from the world of gambling that might help a trader with sizing their trades. We discuss what returns a trader might reasonably expect from the market. We look at the...

Can I download this Patrick Boyle On Finance episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.