Hi, Sorry for the late reply. Noticing “Buy 0.88 LOT” in the screenshot, it looks like you did some configuration (using the gear icon at the top right). I believe you also specified the Max Drawdown (20%). That’s what makes the difference—whether ...

The Just Calculator for Optimal Money Management

It's a pleasure to hear you enjoyed the work! I’ve been diving deeper into new theories with the help of AI tools like ChatGPT, Claude, DeepSeek, and the new Grok. There’s still a long way to go with testing through simulations before I can compile ...

The Just Calculator for Optimal Money Management

You're welcome. I don't smoke, but maybe that daily local skefkef sandwich and mint tea combo zapped my memory. lol

The Just Calculator for Optimal Money Management

Hi, I’ve fixed the problem, my hosting site did some new update, so I need to manually rebuild the site for their new update. The site is accessible now: url . You can download the html page, it work for offline use too. In case the site go down ...

The Just Calculator for Optimal Money Management

Go to settings (the gear icon at the top right) and clear the ROR Log if you wish to start over. It's a log I created to track the Return on Risk of your trades. Once it logs 100 trades, it will automatically recalculate the average winning rate and ...

The Just Calculator for Optimal Money Management

You're welcome! I hope it will be beneficial for you. I have already made an Excel spreadsheet in the other thread, but that was for a simpler formula, specifically the Tax Criterion in the paper. This one is more complex, as it requires several ...

The Just Calculator for Optimal Money Management

Thank you for the feedback. Similar to the Kelly Criterion, the calculator only needs a profitable win rate and risk-reward ratio to suggest a position size. In trading, it is challenging to know these two values exactly, so I believe that the ...

The Just Calculator for Optimal Money Management

It's been a long time since I posted here. I'm back to announce that I made some great discoveries beyond the simple Just Criterion formula that I first shared (which I now call the Tax Criterion and the level after that the Just Criterion), and I ...

Using the Kelly Criterion in actual trading

Sure, I will be interested in the backtest. The formula needs only one thing, and that thing is a trading strategy with a positive expectancy. If the grid has a positive expected value, then it would work. Like Kelly, if the expectancy is negative, ...

Using the Kelly Criterion in actual trading

I find your formula really interesting. However, I'm still a bit confused about how exactly to apply the Z-score in trading strategies. The provided Excel spreadsheet is in a different language and doesn't seem to explain its usage in detail. For ...

Using the Kelly Criterion in actual trading

Hello Duke, I've been continuing to work on my Python bot since my last message in October. I've been backtesting the RSI+BB strategy and testing it on a demo account. I've recently decided to put it into action on a real account starting this ...

Using the Kelly Criterion in actual trading

There is an interesting article that talks about that volatility and maximal Drawdown : url The article demonstrated that even if you use fractional Kelly, the more you trade, the more there is a risk of a catastrophic drawdown. And for Kelly ...

Using the Kelly Criterion in actual trading