Risk, Ruin & the Size of the Bet — AXIOM Education Series Book 11

How much to stake — the one question that can end the experiment no matter how good your edge is. This book is about position sizing done honestly: the arithmetic of ruin, and why survival is a maths problem before it is a discipline problem.

• Multiplicative returns, and why a big loss costs more than the same-size gain
• Ruin probabilities you can actually compute for your own numbers
• Kelly sizing — and why almost nobody trades it in full
• How many independent bets you really have once positions are correlated

Instant PDF download. Educational purposes only — not trading or financial advice. Trading leveraged products carries a high level of risk; past results are not a forecast. Bacchus Analytics Limited, trading as Traderz Life.