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<DIV><FONT color=#000000 size=2>Traders: anyone with success at adding pci video 
boards to use multiple monitors. Will the 29$ models do as well for quotes and 
charts as&nbsp; the others? Thanks</FONT></DIV>
<DIV><FONT color=#000000 size=2>Michael</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Thu Oct 29 21:50:45 1998
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Date: Thu, 29 Oct 1998 20:10:38 -0500
Reply-To: "RAY RAFFURTY" <rraff@xxxxxxxxxxx>
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From: "RAY RAFFURTY" <rraff@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Money Management: fastest way to increase your stake given a 51% edge
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Simple,  You earned 1 cent more than your broker did {;-)

                                            Good luck and good trading,
                                                        Ray Raffurty

-----Original Message-----
From: Martin Coffey <riskrewarded@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, October 29, 1998 12:03 AM
Subject: Re: Money Management: fastest way to increase your stake given a
51% edge


>Tim and Lynn,
>While I like the thinking that inspires your post, I am left wondering how
to
>define a win in as cut-and-dried a manner as occurs at the racetrack.
>Martin.
>Tim and Lynn Lee wrote:
>
>> Some time ago while reading a book on horse race handicapping (the Dr.Z
>> system)
>> I came across the Kelly formula, the method wherein one can increase
their
>> stake in the safest possible manner given a 51% edge.
>> If I recall correctly, you begin with a one unit bet if you win let the 2
>> units ride.  If you lose start again with one unit.  When you win with
the 2
>> unit bet go back to one unit again.
>>
>> This money management system might be valuable for commodity traders, it
has
>> helped my trading.
>> Tim Lee
>
>
>