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----- Original Message -----
From: "John Lynch" <kiwi_trader@xxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, August 24, 2002 8:11 PM
Subject: Geometric Capital Growth / Optimal-f
> (and is intuitively attractive as fixed fractional does have
> a negative expectancy).
Mr. Lynch:
Fixed fractional has a negative expectancy? What do you mean? Do you have
any references? I don't believe this is true, but I've got an open mind.
At Schindler Trading we use fixed fractional position sizing and believe it
is the wisest choice -- as I believe you also concluded after your Monte
Carlo testing.
Regards,
Aaron Schindler, CFA
Schindler Trading
1243 Yorkshire Lane
Barrington, IL 60010
telephone: 847-719-2846
fax: 847-719-2846
email: aaron@xxxxxxxxxxxxxxxxxxxx
www.schindlertrading.com
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