🧵 Untitled Thread
Anonymous at Sat, 18 Jan 2025 20:56:11 UTC No. 16555525
Is statistics of any use for investing in the stock market?
or is it "analysis cope"? I mean
>Maybe if I just juggle around data from the past 5-10 years I will get an edge and make money
for people replying
>Go to /biz/
went there, got no replies, also I expect people here will give better answers than trying to sell me their alt shitcoin.
Anonymous at Sat, 18 Jan 2025 21:04:23 UTC No. 16555535
>>16555525
Every automated trading bot on the market now (most of which make a ton of money) use probability theory and stochastic processes to help them make purchase decisions. Yes, learning the basics of probability, statistics, stochastic processes and time-series analysis will be helpful. There's no guarantees in anything, but they will be on the whole useful for analyzing market trends and making useful short-term price predictions (assuming no major disruptive distribution changes).