Category Archive: Statistics

Sep 15

Excel Macro to run trade report on DAS Trader Pro trade log

I have been mucking about with some programming lately and I only just realized that the work I had been doing to get my average price on trades so I can enter it into my trade log was easily automated. The below Excel (2010 is the version I use) macro has made my life a …

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Feb 18

We are all in this together … or not

Whenever you hear that phrase, “We’re all in this together,” be very, very cautious. That is what scammers will say to convince you to do stupid things with your money (like buying pumped stocks) and what both hucksters and even non-fraudulent trading gurus will say to try to get their hands on your money. The …

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Jan 24

Deep Springs: A lesson in randomness

Longtime readers will know that I stress the importance of randomness in investing and trading. Any investing or trading strategy will produce a number of losers. Sometimes these losing trades or investments will cluster together purely by chance; it can be difficult to distinguish these chance losing streaks from a declining in a trading system’s …

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Oct 05

2011 Super-mega-ultra pump and dump recap

I haven’t done any posts like this so far this year so I am going pretty far back. Please remind me in the comments of any big pumps I forget  and I’ll add them. See my last pump and dump recap from January to see some mailer pumps from the very beginning of the year. Mailer …

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Aug 14

Day-Trader performance measurement

Unlike a hedge fund manager or a person with a ‘real’ job, a full-time day-trader needs to consider both his own pay and the returns he earns on his capital. A trader who spends a lot of time trading but has little capital will find that his ‘hourly wage’ is so low that he would …

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Sep 30

Making money by buying stocks on my watchlist

I have netted $1,776.12 buying stocks on my watchlist since I started this blog. I have learned to buy stocks on simple breakouts by following what Tim Sykes teaches in his Pennystocking Part Deux DVD (and his other DVDs), although I do have my own style when playing these. While this is not large relative …

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Jul 27

Proper weighting of evidence in making investment decisions

This is a classic trading post from my investment blog GoodeValue.com. This article should not surprise you, but I think it important to emphasize points I have made earlier about the predictable irrationality of investors. I recently came across a paper written by Dale Griffin and Amos Tversky, entitled The Weighing Of Evidence and the …

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Jul 27

What every trader needs to know about regression to the mean

This is a classic trading post from my investment blog GoodeValue.com. Perhaps one of the most widely disseminated and most widely misunderstood statistical concepts is that of regression to the mean. It is also one of the most important concept for investors to understand. The simple definition of regression to the mean is that with …

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