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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (35105)4/30/2002 10:37:40 AM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
"How can every call be over 100% correct?"

The statistics speak for themselves, Jack of All Trades.

You have to consider the correlation coefficient r between two sets of data (the winning trades and the losing trades). Also, you might have forgotten to consider statistical topology in the variational analysis of probability functions. I made that mistake at first, too, and the percentage of profitable trades was erroneously reduced to 0 percent. In one case, I even obtained a negative percentage, but I'd neglected to use generally accepted variational methods. So the calculations were useless for practical solutions.