/biz/ - Business & Finance

>>1210952
>The math is literally within the risk reward. 90 + 10 = 100
>no edge
>IMA PROFESSIONAL POKER PLAYER

Playing for a few pennies with your autistic cousin on sunday afternoon doesn't exactly qualifies as PROFESSIUNAL POKER PLAYA XD but eh
In case you want to ever get serious and stop memeing

>Expectancy = (Probability of Win * Average Win) – (Probability of Loss * Average Loss)

Which tells you how much money you can make ON AVERAGE and ON A LARGE ENOUGH SAMPLE from a single trade.
This formula will be not 100% reliable if you are doing things right. Why? Because you can have from time to time a few outliers yielding outsized profits.
Now stop making shit up before people actually take you seriously and put money on the line
>>1211325
Kelly Criterion is unreliable in trading because unlike fixed odds betting, prices do not exhibit a normal distribution (aka predictable in terms of standard deviation from the mean).
But you had to pull something out of your ass to sound important on 4chinz, so hey