@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!!

@aminmino4625

never thought the thing i found most boring in school would be the most interesting thing i have discovered after i grew up, thank you sir.

@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.

@nw6091

Thanks for posting. I think I'm a standard deviant.

@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

@exsxpx1

I use standard deviation on the RSI of a stock. Works well.

@mcdawgzy

Very useful video, thanks for sharing!

@japaneseflea

What happened at 5:30? Was he edited out or just a glitch in broadcast?

@JUDDLILIHA

Thanks Doc...

@javamochafrap

Are you talking about looking at a daily or hourly chart (bollinger bands) or any kind of chart ?

@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?

@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

@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.

@dangilmore5326

Awesome video!

@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?

@gapperx9068

The "Shooter McGavin" Strat?
Lol...sign me up!

@ALEXSHUNCAI

It changes all the time, you set current price as mean, and it depends on how long it will last.

@lazy1peasant

👎Stock price movements don't follow the normal distribution.

@jackbarhillel1065

We'd have like some more about