TheSnapper's Start Bank: $198.00
Mr. Kelly's Bank: $2102,70 (+ 10413,50% profit)
Mr.Kelly's Start Bank: $20.00
Shannon's Demon Value: $1643,02 ($1610,50 capital invested)
Demonic Profits: $32,52
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Sorry about the loss of dates on my chart...I am trying to fix it in Excel, but I'm a bit stuck with this problem. Anyway, you get the idea of the progress of myself and Mr. Kelly on The Race to Florida since the blog started back at the beginning of the year.
A few comments about the chart. You will see that Mr. Kelly has more violent up and down swings, while my progress is fairly smooth. This is because I am using half-Kelly stakes, so my volatility is reduced at the cost of overall lower profits. Mr. Kelly will increase his bank dramatically from time to time, and then fall back violently, circle around for awhile and then repeat the process. Why is this so? Well, it is due to the streaks and slumps. These big winning streaks will come, but it is not possible to predict exactly when. In this sense, it is just a random walk. Mr.Kelly needs these big winning streaks, like in May when his bank grew 10 times larger, to pump up his bank like a balloon. Now he has a larger bank, you can more clearly see how much volatility Mr. Kelly has to endure day in, day out. It is certainly not for the faint-of-heart!