What is the CIPP Statistic? Another one of the statistics we publish is the CIPP statistic. It stands for Closed Inside Previous Period. This statistic identifies how often a 30-Minute period or a 30-minute bar has closed inside the previous 30-minute period. This time in… Read More »How to use the CIPP Statistic to improve your day trading
What is the EPP Statistic? One of the statistics we publish is the EPP statistic or Encompass Previous Period statistic. This statistic identifies how often a 30-Minute period or a 30-Minute bar is an encompassing bar? Just what is an Encompassing Bar? Perhaps you have… Read More »How to use the EPP statistic to improve your day trading
What is the InsidePP Statistic? One of the statistics we publish is the InsidePP or Inside Previous Period statistic. This is essentially answering the question: “What are the odds that the current bar will be an Inside Bar?” or, more accurately, “How often has the… Read More »How to use the InsidePP Statistic to make better trading decisions?
We are pleased to announce our new free training course: Statistics for Trading.
It is designed to help day traders use statistics in their trading and help them to think in probabilities.
Why the 30 Minute Bar Statistics Should be the cornerstone of your trading!
When you are trading, what is the most important thing you wish you knew? If you could make a wish, what would you wish for? Think about it for a moment. Answer: Where is the market headed next! If you knew that, all your financial worries would be gone!
Statistics for Trading – Small and Large Datasets I would like to share my opinion on small and large datasets. Are there and benefits of a small dataset? When day trading using statistics, how can a trader use small datasets and large datasets? Many may… Read More »Using Small and Large Datasets to Improve Your Trading
How to Understand Statistics and Probabilities Let’s talk for a minute about understanding statistics and probabilities. Let’s use the framework of the statistics I publish on statsfortrading.com. Statistics We have our range statistics. For instance, I take a period of time and I create statistics… Read More »How to Understand Statistics and Probabilities
Why Day Trading Crude Oil (CL) Gets Better With Statistics In my opinion, Crude Oil is an excellent market to apply statistics. Day trading Crude Oil using statistics add to a trader’s profitability. Why is Crude Oil an excellent day trader’s choice? Let’s consider a… Read More »Why You Should Use Statistics When Day Trading Crude Oil
How to use the 30-Minute Range Statistics Reports In my opinion, there is great value in knowing the statistics of each 30-minute period in its relation to the previous 30 minute period. Of course, I would say that. I sell 30-minute statistics. All kidding aside,… Read More »How to use 30-Minute Range Statistics Reports
