Discussing the article: "Quantitative Analysis of Trends: Collecting Statistics in Python"
Very interesting work! But still, in my opinion, trading is both statistics and psychology - if only because financial markets are economic-behavioural systems. And today it is even more acute - markets react instantly to what Trump or Musk said, for example.
Aleksandr Masterskikh #:
Very interesting work! But still, in my opinion, trading is both statistics and psychology - if only because financial markets are economic-behavioural systems. And today it is even more acute - markets react instantly to what Trump or Musk said, for example.
I totally agree with this opinion, instead of having to struggle with analyzing old data - remember that past performance is not indicative of future results.
Very interesting work! But still, in my opinion, trading is both statistics and psychology - if only because financial markets are economic-behavioural systems. And today it is even more acute - markets react instantly to what Trump or Musk said, for example.
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Check out the new article: Quantitative Analysis of Trends: Collecting Statistics in Python.
Quantitative trend analysis is an approach that transforms chaotic market movements into an orderly system of numbers and patterns. In a world where most traders rely on intuition and visual assessment of charts, mathematical analysis of trend movements provides an undeniable advantage. Instead of subjective feelings, you receive precise data: the average trend duration in days, its typical value in points, and characteristic patterns of development and completion.
It is this objectivity that makes quantitative analysis the cornerstone of professional trading. William Eckhardt, a famous trader, rightly noted that trading is not a field of psychology, but a field of statistics. When you know that uptrends on the EURUSD pair statistically last longer than downtrends, or that 70% of trends on GBPUSD end before reaching 200 points, this is not just information, but a specific guide to action.
Author: Yevgeniy Koshtenko