I've been trading since 2007. I do not sell products or services, nor am I affiliated with any groups. I do not offer public mentorship or share my specific strategies or entry criteria.
I post my trades with context, focusing on the statistics and data they involve. I also share insights, data, concepts, and statistics I've developed or sourced. Feel free to ask questions via DM or in post replies.
I am the sole owner of @NQStats. Visit the link in my bio for more information.
There are many flaws in this article, but the most important one, which kind of breaks the entire thing is this…..
“so to be clear: if price breaks above the 15-minute high, $NQ's green close rate goes from 55% on a random day to 95.7%.”
This is mathematically wrong. In your explanation prior to that statement you stated 69 days broke the upside and never came back down, single side break only, which is where the 95.7% is derived from. Simply breaking the high does not equate to a 95.7% probability of closing the day green because this probability came from a filter of single side breaks only, and did not account for dual side breaks.
@champagneszn777 Prop traders who do not maintain a personal or who have never traded a personal, are ao far detached from reality as to what real capital management is. When wide regulation hits the prop space, many traders pulling payout will go broke because they dont know how to manage risk.
@VClouette@degenincome Just pick an earlier start date… if you are connected to a personal NT account or prop account the data is there, just select the date.