Is statistics of any use for investing in the stock market?or is it "analysis cope"? I mean>Maybe if I just juggle around data from the past 5-10 years I will get an edge and make moneyfor people replying>Go to /biz/went there, got no replies, also I expect people here will give better answers than trying to sell me their alt shitcoin.
>>16555525Every automated trading bot on the market now (most of which make a ton of money) use probability theory and stochastic processes to help them make purchase decisions. Yes, learning the basics of probability, statistics, stochastic processes and time-series analysis will be helpful. There's no guarantees in anything, but they will be on the whole useful for analyzing market trends and making useful short-term price predictions (assuming no major disruptive distribution changes).