Statistics & Probabilities

[Saver0]

Last night, I had the idea to get more granular stats for various events. I believe the signaling engine we have today can be used for very advanced trading to print money daily. The strategy that I’m working on involves Options trading.

For example, here are some interesting stats for the IWM signals that the system generates. I’m curious to know how you would trade with these stats:
Once Entry triggers, SL is hit 73.62% of the time
if not TP is hit 26.38% of the time
TP is hit within a day 98.53% of the time
SL is hit within a day 99.65% of the time
Often, SL is hit within 3.3hrs 97.16% of the time
After SL, TP is still hit 88.90% of the time
Within 3 days SL trades hit TP 87.24% of the time
After SL price can move another $1+ 52.73% of the time

Focus, Patience, Determination & Order in chaos

[lohnere]

I would reverse the trades to catch the SL as TP as it is hit 97% of the time in 3.3 hours. What does IWM means? Does these signals are available to subscribers?

[Saver0]

Hi @lohnere

Thank you for responding. You are right; SL is hit within 3.3 hours 97.16% of the time, so it makes sense to take a trade toward the SL direction first and then use a time-based exit.

I asked this question because there is a way to trade options with stats like these. I’m not an option trading expert, so I was hoping to hear from someone who stumbles upon stats like these to see if they can think of a way to do it.

IWM is the iShares Russell 2000 ETF. I have this loaded in my system now; the above stats are from production. And yes, these signals and more are available to subscribers.

Focus, Patience, Determination & Order in chaos

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