Friday, 1 August 2008

The Martingale

Ride your winners and cut your losers; The math speaks for itself.

Loss of account (%) Gain to recover (%)
5 5.3
10 11.1
15 17.6
20 25.0
25 33.3
30 42.9
35 53.8
40 66.7
45 81.8
50 100.0
55 122.0
60 150.0

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