Kuririn
@kuririn
If card counting in Blackjack works, why same can't work for stock market? Or maybe it can. The lower the stock goes, the higher the probability it will bounce back eventually. (and reverse) https://wallstreetodds.com/ could be useful for this type of trading. #thinkingoutloud
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blockdev
@blockdev
> The lower the stock goes, the higher the probability it will bounce back eventually. (and reverse) Is this actually true?
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Kuririn
@kuririn
Maybe not for every situation and depends on the timeframe, but I would say yes. In other situation it would go down to zero quickly and there is always max and avg consequtive days (and %) stock is going down. It would be interesting to dig deeper into it and do some backtesting, but it's for another time.
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