Thanks for sharing your thought process here. Insightful. Though my own style is not that of a trader (even if I end up trading occasionally anyway when something dents my risk-reward assessment), the way you have articulated your approach is something for me to think about. I also did not know of the Kelly Criterion. It’s been a slow journey for me to build the confidence to increase my position sizes. As you put it, I have relied more on what “feels” right. A framework like the Kelly Criterion could help me be more structured about it. I will study this further. Is there some excel calculator on that available that you are aware of?
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