Hi all...
Just finnished the course Statistic Mathematics... is there anyone else that has any knowledge about probabilitys?
My question is, can't you see the price as as a discrete stochastic variable?
The days opening price can be seen as the wait value... and the daily range can be seen as the standard deviation?
Isn't there a way to use some binominial, exponential, hypergeometric formula that is used to calculate probabilitys to calculate where the price is probably is heading for?
Hope that you get my point, I can't all the english words for that math stuff...
I bet there are some mathgenius here to help...
Just finnished the course Statistic Mathematics... is there anyone else that has any knowledge about probabilitys?
My question is, can't you see the price as as a discrete stochastic variable?
The days opening price can be seen as the wait value... and the daily range can be seen as the standard deviation?
Isn't there a way to use some binominial, exponential, hypergeometric formula that is used to calculate probabilitys to calculate where the price is probably is heading for?
Hope that you get my point, I can't all the english words for that math stuff...
I bet there are some mathgenius here to help...