
28th June 2013, 06:26 PM
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Banned
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Join Date: Nov 1999
Posts: 4,330
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The $10,000 is loose money I can afford to lose but the main objective is to compound over 5 years.
My risk thresh hold is quite high and have mentioned previously betting Kelly to 4 % of bank which I,m comfortable with ($400)
I note your comments in a previous post of risk threshold of 2 or 3 % and as you say one can lower it if it becomes "Hairy".
I also note your comments on reasessing over a longer bet number which I shall do.
May I say that its indeed a pleasure to get quality help from someone who has been there.
Hope you dont mind me dropping a question or 2 as I go along this path.
Cheers
darky
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