Forum: Psychology and Money Management
November 3rd, 2013, 02:54 AM
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Replies: 946
Views: 338,004
Expectancy in terms of R Multples
The form of expectancy that I believe that most people are familiar with seems to be:
Classic Exp = [Pr W ] x [Avg W] - [Pr L] x [Avg L], where Pr L = 1 - Pr W
To get expectancy in terms of R...
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Forum: Psychology and Money Management
October 28th, 2013, 05:58 PM
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Replies: 946
Views: 338,004
R Multiple Implementation
Hi Mike,
My thoughts on Van Tharp's R multiple concept are:
1 - establish or choose your risk tolerance (RT), say 1% of account size (AS)
2- calculate the max risk amount, RT x AS; this will be...
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