Every ticker below carries its own real Kelly fraction (f*), derived from its actual daily return history over the last two years - the same p/q/b variables from the Kelly Criterion formula, just measured instead of assumed. Because that edge is measured per trading day rather than per discrete trade, f* is usually a modest slice of capital - so during a strong sustained run, full exposure (buy & hold) can outpace it; where the daily edge is thin or negative, Kelly's caution is exactly the point. Pick a ticker and dial the slider to see which regime you're looking at.
Backtested on real historical daily closes for the selected ticker (see the data date range above the chart). Past performance does not predict future results. This is a teaching instrument, not investment advice or a recommendation to trade this way.
