Definitely a sticky in my book....excellent info to be had here.

Of important note: Bet Size (or Position Sizing)....

The optimum size is no more than 25% of your capital, free margin or equity (whichever is less).

I've always inituitively used this level - and as Ed Seykota's doc shows - it truly is the best way to maximize your profits in the long run.

Since I view Forex as a 50/50 game of chance, which can be improved upon vastly with quite a bit a time, effort, study and $$$, Seykota's charts, the Kelly formula, and the seminal Kelly paper from the Bell Labs have once again awoken the beast within.

Thanks for posting this info!