Formiga.

Unit 3 · Level 5 · Quant Foundations

Boss: Quant final

Kelly, drag, drawdowns, pain-adjusted judgment. The numbers behind every rule you've followed since League 2, examined.

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What you get asked

  1. +50% then −50% = −25%. This single fact justifies which three Formiga rules at once?

    Volatility drag taxes wild equity curves. One line of arithmetic, three pillars of survival. The math was always on discipline's side.

  2. Estimated edges deserve ___ Kelly; the error bars are why.

    Overbetting a mis-estimated edge is ruin; underbetting is mild slowness. The asymmetry decides.

  3. Order the quant evaluation of any strategy, yours or anyone's

    Returns last. Anyone leading with returns is selling something.

  4. FINAL. The quant's one-sentence summary of trading:

    Or any edge into ruin. QUANT CLEARED! 📊🏆 Two units left: the mind, then the capstone. 🐜

The rest of this unit

Kelly, volatility drag, drawdown math: the numbers behind every rule you follow.