Description
The discussion centers around the concepts of expected value, standard deviation, and expected moves in trading, highlighting the difference between intuitive expectations and mathematical definitions. The detailed explanation clarifies how expected moves, commonly used in financial platforms, are based on standard deviation rather than literal expectations. Emphasizing Jensen's inequality, the discussion explains how expected moves can sometimes overestimate actual outcomes. This nuanced understanding aids traders in aligning intuitive and probabilistic insights for better decision-making.
The discussion, while light-hearted and informal, largely centered around sports and market insights. The hosts discussed college football coaches' records, highlighting only two active coaches with national championships. They also touched on NFL coaches' Super Bowl achievements. On the...
Published 11/27/24
The discussion, while light-hearted and informal, largely centered around sports and market insights. The hosts discussed college football coaches' records, highlighting only two active coaches with national championships. They also touched on NFL coaches' Super Bowl achievements. On the...
Published 11/27/24
The discussion centers around the concepts of expected value, standard deviation, and expected moves in trading, highlighting the difference between intuitive expectations and mathematical definitions. The detailed explanation clarifies how expected moves, commonly used in financial platforms,...
Published 11/27/24