4 ms·
If there is no shift in expectations, then you should reduce your position as the price goes up, per Kelly, i.e. "take profits". It's a great heuristic. If you
by ikeboy 5y ago
If there is no shift in expectations, then you should reduce your position as the price goes up, per Kelly, i.e. "take profits". It's a great heuristic. If you wouldn't buy something at the current price, why hold it?