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Stocks & Commodities V. 42:01 (22–24): Z-Score: How To Use It In Trading by Andrea Unger

Stocks & Commodities V. 42:01 (22–24): Z-Score: How To Use It In Trading by Andrea Unger

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Z-Score: How To Use It In Trading by Andrea Unger

The Z-score can help to analyze sequences of trades to determine the relationship between wins and losses. You can use this statistic to refine your trading strategy to maximize profitability. Well show you how.

The Z-score discussed here is a parameter that measures how interdependent trades are, that is, in a sequence of trades, it indicates the extent to which the outcome of a trade (in terms of a profit or loss) depends on the previous trades ...
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