Meta-Labeling: Calibration and Position Sizing

Join our reading group! https://hudsonthames.org/reading-group/ We dive into the world of Meta-labeling and its impact on trading. Learn about this innovative tool for determining the size of your trades and how it uses a secondary model to estimate the probability of a profitable trade. We also explore the importance of probability calibration and how it helps bring the model's estimates closer to true probabilities. Join us as we evaluate six different position sizing algorithms, including established methods and a novel approach called sigmoid optimal position sizing (SOPS). Find out how these algorithms perform when compared using strategy metrics such as the Sharpe ratio and maximum drawdown. Stay ahead of the game and improve your trading strategy with the insights from this video!"