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To: Paul Senior who wrote (42180)6/10/2007 5:11:39 PM
From: E. Charters  Read Replies (1) | Respond to of 78421
 
There are variations on the kelly theme of proportional investment. One I found on investor's hub loads up on a point system, and deloads accordingly. A sofiscate method of money management. get link for you later.

kelly and really all risk reward bets are variations on bayesian probability which was revolutionary in statistical analysis as it began to look at value of gain against probability of loss. really partially the basis for fractal shannon analysis.