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A comment on Gambler’s Ruin Problem [pdf]. Parent comment

Re:Gambler’s Ruin Problem [pdf] by max_ on Sunday October 02, 2022 @06:09AM (#33054580)
What's the 1% risk rule?
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Re:Gambler’s Ruin Problem [pdf] by CTDOCodebases on Sunday October 02, 2022 @06:24PM (#33060961)
Never risk more than 1% of your capital. At any one time your position(s) size can be 100% of your capital but the most you can loose from the trade(s) is 1% of your capital.

So after winning a trade(s) you increase the amount you are risking and after loosing you decrease the amount you are risking.

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