For financial markets, Portfolio Management Formulas by Ralph Vince develops a similar strategy. It too is based on the Kelly Criterion. But it assumes you already have a profitable strategy as opposed to saying "do this system". I'm not in any way related…
一个类似（但更实用）的仓位控制（position sizing）策略是 Optimal F 公式，Ralph Vince 在其著作《Portfolio Management Formulas》中有过阐述。但它真正的价值在于向你展示你的“死亡悬崖”曲线：根据你的仓位控制，你离爆仓到底有多近。在我看来，仓位控制重要得多（而且更少……
A similar (but more useful) position sizing strategy is the Optimal F formula, described by Ralph Vince in his book Portfolio Management Formulas. But its real value is in showing you your 'cliff of death' curve: how close you can get to bankruptcy given your position sizing. In my opinion, position sizing is more way more important (and less…
针对金融市场，Ralph Vince 的《Portfolio Management Formulas》推导出了一种类似的策略。它也是基于凯利准则（Kelly Criterion）。但它是假定你已经有了一套能盈利的策略，而不是直接教你“按这个系统操作”。我跟作者没有任何关系……
For financial markets, Portfolio Management Formulas by Ralph Vince develops a similar strategy. It too is based on the Kelly Criterion. But it assumes you already have a profitable strategy as opposed to saying "do this system". I'm not in any way related…
一个类似（但更实用）的仓位控制（position sizing）策略是 Optimal F 公式，Ralph Vince 在其著作《Portfolio Management Formulas》中有过阐述。但它真正的价值在于向你展示你的“死亡悬崖”曲线：根据你的仓位控制，你离爆仓到底有多近。在我看来，仓位控制重要得多（而且更少……
A similar (but more useful) position sizing strategy is the Optimal F formula, described by Ralph Vince in his book Portfolio Management Formulas. But its real value is in showing you your 'cliff of death' curve: how close you can get to bankruptcy given your position sizing. In my opinion, position sizing is more way more important (and less…