@scsmith4604
This is why trading often and small is so important. Over the last 4 years of setting my strikes at 1 STD when doing Short Strangles my success rate is over 90% and as I learned to manage the trade during the trade duration I have learned to come in from 1 STD and still win the overall trade. Great information Jim!!
@wboquist
Great introductory discussion. It would be great to have Dr. Jim do a similar presentation on skew, and how it should impact the decision-making process during entry/management/exit of a trade.
@donkndave7811
Jim, or Tastylive, How is SD correlated to Delta? I have been under the impression that a 15 Delta corresponds to a 85% chance of success( or profit). Likewise, a 20 Delta is a 80% chance of success( or profit). Thanks in advance
@nw6091
Thanks for posting. I think I'm a standard deviant.
@exsxpx1
I use standard deviation on the RSI of a stock. Works well.
@mcdawgzy
Very useful video, thanks for sharing!
@JUDDLILIHA
Thanks Doc...
@roberte.bainesjr.7164
I am currently using standard deviation channels and like them. However, I'm hearing about regression channels which are similar but not the same. Is it correct to assume that you prefer standard deviation channels over regression channels?
@japaneseflea
What happened at 5:30? Was he edited out or just a glitch in broadcast?
@javamochafrap
Are you talking about looking at a daily or hourly chart (bollinger bands) or any kind of chart ?
@jeffreyjohnson7561
Should std dev (IV) be portrayed by calendar days (365) or trading days (252)? All the brokerages (I believe) use calendar days, with the idea being that information that can affect asset prices occurs just as readily over the weekend as M-F. If that's the case, then volatility on Mondays should be significantly higher than Tues-Fri -- but, empirically, it's not.
@howardchueh5781
But the financial series is not normally distributed .. but serially correlated .. prices go from 1,2,3 .. not 1 to 3 back 1 than to 2 .. 3 Bollinger band moves are the norm not the exception
@dangilmore5326
Awesome video!
@gapperx9068
The "Shooter McGavin" Strat? Lol...sign me up!
@yj677
this is literally all i use to trade lol. its hard to pinpoint sometimes and im not a gajillionaire or anything but staying green over few years now.
@nevinkuser9892
That's the most useful trading video I've ever seen.
@mehrdadaryanpour1547
Can somebody help me in this please? So if S0 is the current stock price, 1 SD is equivalent to what metrics in stock company? If it’s IV, then do we have to convert Annualized IV to weekly?
@lazy1peasant
👎Stock price movements don't follow the normal distribution.
@ALEXSHUNCAI
It changes all the time, you set current price as mean, and it depends on how long it will last.
@aminmino4625