Trading With The Odds is about understanding the market from both an engineer’s and a trader’s points of view. It is about looking at the markets scientifically and accurately, without making the procedure for doing so too complex.
Introduction:
Trading With The Odds offers views of the market from new perspectives. The reader will learn that simultaneously viewing the markets from multiple vantage points can provide profitable insights; that definitions and relationships based upon tradition are not neces-sarily the most accurate mapmakers, for example, defined the world as flat);
That an examination of statistically de-pendent and independent relationships can provide universal views of the market that are not impeded by differing units of measure in time or volume; and that, by combining statistics with common sense, aggressive stops can be placed with confidence and without fears of missed opportunities Where many older indicators are based strictly on empirical ob-servations, we now have the tools to derive indicators from the natural structure of the market itself.
Patterns that were difficult to observe with primitive tools now emerge for examination, and the reader is thereby led through complete and detailed step-by-step trades, utilizing his intellectual capacity and application of new tools to better understand the market. Trading With The Odds is designed to explain these new state of the art indicators and techniques and to help traders use them for an increased understanding of the markets and to diminish risk and increase profits.
Contents:
- Increasing the Probability of Success with Science and Statistics
- The True Nature of the Market
- Developing a Strategy with Accurate Forecasting
- Improving the Probability of Success with Time Diversification
- Increasing the Probability of Catching Market Turns
- Using Statistics to find Optimal Stop: Kase’s Adaptive Dev-Stop
- Walking Through Trade
- Freedom from Time and Space with Universal Bars
Trading With The Odds: Using the Power of Statistics to Profit in the Futures Market By Cynthia A. Kase pdf