Eckhardt MM
Posted: Tue Feb 23, 2010 11:33 am
In a few interviews Eckhardt states something along the lines of only using "bounded utility functions" in his money management work.
I understand the concept and am sort of using it in that I am pretty sure I would not be trading at my current bet size if I had a few hundred mil in my account.
But I wonder how the concept would influence a CTAs position sizing decisions and if there is something else at work here that is not apparent...
I understand the concept and am sort of using it in that I am pretty sure I would not be trading at my current bet size if I had a few hundred mil in my account.
But I wonder how the concept would influence a CTAs position sizing decisions and if there is something else at work here that is not apparent...