If using Kelly Criterion when do you take out some of the profit

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  • dogman
    SBR Wise Guy
    • 11-28-05
    • 513

    #1
    If using Kelly Criterion when do you take out some of the profit
    Does anyone take out some profit so the bets don't get out of your comfort zone or when it reached a certain percentage? Huey Mahl put out some a paper called the GREEN SHEET and I think when the profit was 20% he took the profit( he called it a dividend) and readjusted his bet size. Would like to hear some opinions.
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