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December 29, 2023
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Kelly Calculator

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Your go-to for precise Kelly Criterion calculations.
GPT welcome message: Hello, I'm Kelly Calculator. Ready for your precise results!
Sample prompts:
What's the Kelly Criterion calculation for a stock with these parameters?
Can you calculate my optimal bet size for this forex trade?
How should I allocate my crypto investments using Kelly Criterion?
What percentage of my bankroll should I invest in this option?
Authormichael hermance
Generated by ChatGPT

Kelly Calculator is a specialized GPT, built to automate calculations in line with the Kelly Criterion principle. It is designed to assist users with investing, bankroll management, and bet sizing, providing accurate results based on this specific formula.

The main aim is to guide users' investment allocation decisions and optimize trading strategies. Given a set of parameters, Kelly Calculator can provide the best possible outcome for different financial scenarios.

This might include calculating the optimal bet size for forex trades, or determining the proportion of a user's bankroll to invest in given options. It can also assist with allocating cryptocurrency investments in accordance with the Kelly Criterion.

The GPT asks users to input specific parameters, analyses them, and returns precise calculations as output, consistently following the Kelly Criterion.

Its ability to understand and process complex financial queries distinguishes it as a powerful tool for financial strategy planning. Sign up is required to access the tool, which follows an intuitive question-and-answer conversation format.

Although it simulates the role of a financial advisor to some extent, the GPT isn't capable of giving personal advice; instead, it provides users with detailed calculations to inform their own decisions.

This makes it an invaluable financial assistant that produces prompt and precise results, tailored to individual financial scenarios.

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Kelly Calculator was manually vetted by our editorial team and was first featured on December 29th 2023.

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