Bayesian statistics is a systematic process for describing educated guesses during uncertainty using mathematical probability. The Bayesian interpretation of probability expresses degrees of... Read more
Do you really understand what risk is? What is risk? Risk is a situation involving exposure to danger. Risk is to expose (someone or something valued) to danger, harm, or loss. – Oxfo... Read more
There is some negativity in society about being a trader, in this post I would like to explain the positive side of being a trader and why a trader should be proud of what they do. Some say... Read more
This is a guest post by Michael Dehoyos. Trading can be a daunting prospect to someone completely new to it, which is why so many people trust companies to invest and trade for them. However... Read more
The Kelly Criterion is a scientific gambling method using a formula for bet sizing that mathematically calculates the proper position size for placing a bet based on the odds. The Kelly bet... Read more
A retracement on a chart means that there is a temporary pullback on the direction of the price action against the longer term trend. A retracement can return to a previous vertical support... Read more
Here are ten of the best stock traders I have followed on Twitter over the past decade. I think these accounts are a great place to start for new traders to Twitter or if you just want to fo... Read more
Risk management is used in all industries to mitigate the probabilities of the loss of assets. Risk management identifies, evaluatates, and prioritizes the frequency and magnitude of the pot... Read more
What are some good strategies to practice as trading drills to help improve your real money trading? For ideas to enhance performance into consistent habits and practices that have an impac... Read more
What is the difference between positive skew versus negative skew? Skewness is the measurement of a a coefficient that has the ability to be positive, negative or neutral (zero). The coeffic... Read more
