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	<title>Comments on: Trading the Odds on Tuesday – November 3, 2009</title>
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	<link>http://www.tradingtheodds.com/2009/11/trading-the-odds-on-tuesday-%e2%80%93-november-3-2009/</link>
	<description>A quantitative approach to profit in the US equity and futures markets, trading the markets like professional card counters are playing Blackjack or expert poker players are playing Poker. The key is to have the odds on your side and bet accordingly, knowing what, when, where, why and how much you bet on each trade or wager.</description>
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		<title>By: TradingTheOdds</title>
		<link>http://www.tradingtheodds.com/2009/11/trading-the-odds-on-tuesday-%e2%80%93-november-3-2009/comment-page-1/#comment-2703</link>
		<dc:creator>TradingTheOdds</dc:creator>
		<pubDate>Tue, 03 Nov 2009 18:47:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.tradingtheodds.com/?p=24741#comment-2703</guid>
		<description>CarlosR (and for all readers interested in),

the reason for introducing the median was that - especially in the event of a small sample size - it is far less sensitive to the inclusion of an outlier (extraordinary gain/loss, e.g. 2 standard deviations away from the mean), and it regularly corresponds to a real value (one out of the sample size).

A median is described as the number separating the higher half of a sample from the lower half (http://en.wikipedia.org/wiki/Median).

From today onward I&#039;ll take out the &#039;Averages&#039;.

Best,
Frank</description>
		<content:encoded><![CDATA[<p>CarlosR (and for all readers interested in),</p>
<p>the reason for introducing the median was that &#8211; especially in the event of a small sample size &#8211; it is far less sensitive to the inclusion of an outlier (extraordinary gain/loss, e.g. 2 standard deviations away from the mean), and it regularly corresponds to a real value (one out of the sample size).</p>
<p>A median is described as the number separating the higher half of a sample from the lower half (<a href="http://en.wikipedia.org/wiki/Median" rel="nofollow">http://en.wikipedia.org/wiki/Median</a>).</p>
<p>From today onward I&#8217;ll take out the &#8216;Averages&#8217;.</p>
<p>Best,<br />
Frank</p>
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		<title>By: CarlosR</title>
		<link>http://www.tradingtheodds.com/2009/11/trading-the-odds-on-tuesday-%e2%80%93-november-3-2009/comment-page-1/#comment-2702</link>
		<dc:creator>CarlosR</dc:creator>
		<pubDate>Tue, 03 Nov 2009 18:32:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.tradingtheodds.com/?p=24741#comment-2702</guid>
		<description>Great job on forecasting this morning&#039;s weakness.  You trade better with the flu than I do at my healthiest!  :)

Also, just wanted to say I really like the addition of the median to the stats.  In fact, maybe the average is no longer needed?  (I&#039;m not sure if it adds significant value now)</description>
		<content:encoded><![CDATA[<p>Great job on forecasting this morning&#8217;s weakness.  You trade better with the flu than I do at my healthiest!  :)</p>
<p>Also, just wanted to say I really like the addition of the median to the stats.  In fact, maybe the average is no longer needed?  (I&#8217;m not sure if it adds significant value now)</p>
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