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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)

CHAPTER

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.

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