Trade with Nick
@tradewithnick.bsky.social
Sharing my trading and investment path to financial freedom.
Patreon: https://www.patreon.com/c/TradewithNick
Discord: https://discord.gg/Jv6QEvsFWy
Patreon: https://www.patreon.com/c/TradewithNick
Discord: https://discord.gg/Jv6QEvsFWy
Do you have any suggestions on how I can improve?
4th week: www.patreon.com/posts/121513...
3rd: www.patreon.com/posts/121368...
2nd: www.patreon.com/posts/121364...
1st: www.patreon.com/posts/121276...
4th week: www.patreon.com/posts/121513...
3rd: www.patreon.com/posts/121368...
2nd: www.patreon.com/posts/121364...
1st: www.patreon.com/posts/121276...
Jan'25 4th week review | Trade with Nick
Get more from Trade with Nick on Patreon
www.patreon.com
February 9, 2025 at 11:50 AM
Do you have any suggestions on how I can improve?
4th week: www.patreon.com/posts/121513...
3rd: www.patreon.com/posts/121368...
2nd: www.patreon.com/posts/121364...
1st: www.patreon.com/posts/121276...
4th week: www.patreon.com/posts/121513...
3rd: www.patreon.com/posts/121368...
2nd: www.patreon.com/posts/121364...
1st: www.patreon.com/posts/121276...
Ticker: OR
Name: L'OREAL
Execution Price: 330.25
Exchange: EURONEXT Paris
Order Execution Date: 10.01.2025, 09:00
Name: L'OREAL
Execution Price: 330.25
Exchange: EURONEXT Paris
Order Execution Date: 10.01.2025, 09:00
February 2, 2025 at 9:07 PM
Ticker: OR
Name: L'OREAL
Execution Price: 330.25
Exchange: EURONEXT Paris
Order Execution Date: 10.01.2025, 09:00
Name: L'OREAL
Execution Price: 330.25
Exchange: EURONEXT Paris
Order Execution Date: 10.01.2025, 09:00
3. Overall, this seems to be another case of spurious correlations. These correlations are likely to be artifacts rather than meaningful signals
www.tylervigen.com/spurious-cor...
www.tylervigen.com/spurious-cor...
Spurious Correlations
Correlation is not causation: thousands of charts of real data showing actual correlations between ridiculous variables.
www.tylervigen.com
February 1, 2025 at 11:25 PM
3. Overall, this seems to be another case of spurious correlations. These correlations are likely to be artifacts rather than meaningful signals
www.tylervigen.com/spurious-cor...
www.tylervigen.com/spurious-cor...
2. Regarding the proposed approach, it is essentially a coin flip: either the prices will converge, or the spread will persist while moving in the same direction, leading to a loss. There is no evidence provided that the probability of convergence is higher than the probability of divergence.
February 1, 2025 at 11:24 PM
2. Regarding the proposed approach, it is essentially a coin flip: either the prices will converge, or the spread will persist while moving in the same direction, leading to a loss. There is no evidence provided that the probability of convergence is higher than the probability of divergence.
imho:
1. Having historically correlated performance does not help in deciding a trade, as it does not provide any indication of the future direction for either asset in the pair.
1. Having historically correlated performance does not help in deciding a trade, as it does not provide any indication of the future direction for either asset in the pair.
February 1, 2025 at 11:24 PM
imho:
1. Having historically correlated performance does not help in deciding a trade, as it does not provide any indication of the future direction for either asset in the pair.
1. Having historically correlated performance does not help in deciding a trade, as it does not provide any indication of the future direction for either asset in the pair.
P.S. Catching up on my Patreon posts
February 1, 2025 at 5:45 PM
P.S. Catching up on my Patreon posts