Hat Trick Unpredictable Episode 3 Full of Useful Information💣
Continued from the previous episode, please watch patiently
Continued from the previous episode:
This shows that the expected value of the overall data of this strategy is negative, and this strategy will not be profitable in the long run. It is the best choice not to bet on such a strategy. Then the betting ratio of strategy 2 is calculated. The odds of 2.2 multiplied by the probability of profit 40% minus the probability of loss 60%, and then divided by the odds of 2.2, we get 12.7%, which means that the most reasonable ratio for a single bet of this strategy is 12.7%. Assuming that the current account has 200,000, if there is an opportunity that meets strategy 2 on the styrene contract, the entry position is 9030, and the stop loss position is 8930, how many hands should be placed? First, calculate the amount of loss that can be lost according to the Kelly formula. Does it mean that if I have 200,000 in my account, and then calculate the Kelly formula to get 12.7%, I can lose 25,400 in one transaction?
