ARTICLE SYNOPSIS...Fixing The Flaws In Fixed-Fractional Position Sizing by Christian B. Smart, PhD Fixed-fractional position sizing is a time-tested method for money management, but in the long run, it will never achieve system expectancy. Here's how you can fix this flaw
ARTICLE SYNOPSIS...Flaws in the roulette wheel by Curtis McKallip, Jr. Few games of chance are perfectly random. To the extent they are NOT, profit may be made by betting on those states which occur with greater than random frequency and against those which occur with les