this is actually pretty fun to play and observe your mental reactions to winning/losinghttps://gamesfortraders.com/coin-challenge/
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holy fuck this was a grind. after almost 300 flips i 10x my money with 60% coin flip. for this i just used my intuition but i would approximate it as "half kelly" but also keeping the bets low until the nest egg "stabilizes"pic.twitter.com/Z2uQQSFDPb
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here's my first kelly attempt (w/ 60% heads kelly is 20% bet pet flip) i basically give up when i lose half the capitalpic.twitter.com/VyW7fcMVRx
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here's a kelly that succeeds. it DID take a shorter time. 129 flips vs 300 but it felt MUCH longer because of the disheartening drops.pic.twitter.com/6iL63ZOfX8
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so while kelly betting does mathematically give you the greatest return in the shortest time, this is "clock time" vs "internal time". your internal state and how well you deal with frustration is much more important than the maximally fastest path
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