A lot of what I'll be posting from now on will be about statistical trading.
Yes, TA is good, algo-based rifle-shots are good... but I like stat-trading best.
Why? Because I've found that as traders, we're our own worst enemies at stock-picking!
Stat-trading short-circuits this problem!!
Soon, I plan to offer a chat-based training program on this. Please stay tuned. Send me a note for a heads-up.
Featured Videos


      

More Statistical Videos
(all open in new tab- YouTube)
BLOWUP- Did you just Blow Up your account? How to do and feel better
OPTIMAL BASKET SIZE You can actually make or lose more with wrong number of stocks in your basket- How to size your basket SCIENTIFICALLY
ANALYSIS of 21 stocks, 50ma crosses above 200ma 61.9% success RESULTS of Put picks of Wed Dec 18 2019
PUT PICKS Wed Dec 18 2019
RESULTS of Tues Dec 17 2019 Put picks UNDERPERFORM for 18 stocks MACD CROSSING ABOVE SIG LINE SURVEY MA CROSSES (not price crossing MAs) 10/50, 10/200, 50/200
CLOSES on day after Close cross above 10,50,200 MAs

Gapdowns at Open Stats- To fear or not to fear? That is the question Stats answers
AMAZING SELF-ADJUSTING FIBO CODE Video (ThinkScript code is also at bottom of this page) Statistical Trading
Chat-based Course coming soon!

Learn How to Take YOURSELF
OUT of Trading Decisions
How to kill your Ego!



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#zRATfibplots2

input span1 = 144;
input span2 = 144;

input fib1 = 0.236;
input fib2 = 0.382;
input fib3 = 0.500;
input fib4 = 0.618;
input fib5 = 0.786;
input fib6 = 1.000;

def hod2 = highest(high,span2);
def lod2 = lowest(low,span2);
plot lodxa = lod2;
lodxa.setdefaultcolor(color.blue);
lodxa.setlineweight(3);

def diff1 = hod2-lod2;
def diff2 = hod2-lod2;

plot fibxa = lod2+(fib1*diff2);
plot fibxb = lod2+(fib2*diff2);
plot fibxc = lod2+(fib3*diff2);
plot fibxd = lod2+(fib4*diff2);
plot fibxe = lod2+(fib5*diff2);
plot fibxf = lod2+(fib6*diff2);

fibxa.setlineweight(2);
fibxb.setlineweight(4);
fibxc.setlineweight(2);
fibxd.setlineweight(4);
fibxe.setlineweight(2);
fibxf.setlineweight(2);

fibxa.setdefaultcolor(color.blue);
fibxb.setdefaultcolor(color.blue);
fibxc.setdefaultcolor(color.blue);
fibxd.setdefaultcolor(color.blue);
fibxe.setdefaultcolor(color.blue);
fibxf.setdefaultcolor(color.blue);

def lastbar = IsNaN(close[-1]) and !IsNaN(close);
AddChartBubble(lastbar, fibxb, "0.382", Color.white);
AddChartBubble(lastbar, fibxd, "0.618", Color.white);













Disclaimer
Stock, options, forex, and all other kinds of trading are high risk. Never risk more than you can comfortably lose. I am not compensated in any way by guest forecasters or by companies mentioned. Please do your own due diligence before trading. Guest forecasters are asked to declare whether they have or intend to acquire a position in the covered security in the next 30 days, and whether they are compensated in any way by anyone for making their post, but I cannot verify their compliance with my request. Statements and information on this site are provided as is and for educational and entertainment value only. You are strongly advised to USE STOPLOSSES if available. Statements or information on this site should not be considered an inducement to engage in trading of any kind. Use at your own risk. Neither the owner(s) of this site nor its affiliate(s) shall be held liable for any losses or failures to profit which you may experience.
All material copyrighted, all rights reserved 2018 Dennis Hudson

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