Australian (ASX) Stock Market Forum

Market Statistics - Finding a statistical Edge in your market

Great posts guys....once I get back I hope to be able to contribute some more to this with some back test results as well....
 
statistic
noun
1A fact or piece of data obtained from a study of a large quantity of numerical data.

I look at the bottom line - profit/loss. The reasons why for either are in my head because in my experience the market isn't statistical and stats. tell me nothing of use.
That’s because you don’t know what to look for and what it is you need to find
And why it would be useful to you.
Open to assess any statistic you deem useful regarding trading.
 
I’m interested in any statistic you feel meaningless ( of no use )

Because I don’t think you know what to look for
What it is you need to find and how you go about finding it.

You have demonstrated over the posts I read of yours that you don’t have a structure
The only stat your interested in is profit

How do you know — without structure——
That your trading even has a chance of being profitable.
Nothing that you have demonstrated over the months indicates
That you do trade profitably.
 
What do you mean, everyone knows if you trade trends and don't double your money then you're not doing it right...
 
What do you mean, everyone knows if you trade trends and don't double your money then you're not doing it right...

Thing is that if you don’t then data analysis will tell you why and what you need to do.

So if “ Everyone knows “ enlighten me on what it would be that I’m not doing right?
 
Incredible number of stocks trending up. After the quick buck chasing novelty has blown up several times and the search for an edge has been exhausted, one eventually comes around to the time proven EOD trend following. It can be slow, it can be boring but after a year if your account hasn't doubled you're not doing it right. :laugh:
My above post is bugging you so I will put you out of your misery.

What do you mean, everyone knows if you trade trends and don't double your money then you're not doing it right...
Mate, look at the sentence end and what do you see? It is toungue-in-cheek.
"everyone knows" (reading glasses are essential).
 
I’m interested in any statistic you feel meaningless ( of no use ).

Because I don’t think you know what to look for
What it is you need to find and how you go about finding it.
All of them but willing to be shown some statistical use.
How do you know — without structure——
That your trading even has a chance of being profitable.
Nothing that you have demonstrated over the months indicates
That you do trade profitably.
As I have posted twice before, I BOUGHT A HOUSE (5 years ago now) and my earnings go into mortgage repayments and living expenses. However it is convenient to trade stocks in my superannuation account which I do so EOD using the experiences I have gathered. I can show you what stocks positions I have open at the moment and can assure you the account is profitable. Back to the statistics stuff now and if you have something useful for trading then please, enlighten us.
 

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