
223: How a Poor “Single Mom” Upbringing Helped Him Grow His Trading Account from $3k to Over $1M w/ Erik Smolinski
Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
The Importance of Stats in Trading
The way that I think about applying statistics to something is there needs to be a discrete problem. So if I'm looking for data, it's not even like a specific stat. I'm just looking for data to back up whatever this problem is I'm trying to solve. Using statistics to understand risk is probably one of the most slept on parts of statistics. One of the things I'm essentially an evangelist for.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.