Are 90% probability strategies a Holy Grail? High Probability or High Risk/Reward? A 90% winning ratio can still lose money. A lot of options traders consider a 90% probability strategy a Holy Grail ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

An OIP bushing failure on the 400-kV, 100-MVAR reactor caused this reactor fire. A large percentage of the power transformers in commission contain large quantities of mineral oil. While the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The times they are a changin’ … and so are the stats. The old process of judging baseball players and teams relied on simple counting stats (runs batted in, hits, wins) and basic rate stats (batting ...

Probability is a measure of the likelihood of events happening. The greater the proportion of times an event can happen the greater (or more likely) the probability. Events can be ordered by the ...

Sales probability, or sales forecasting, is a process where a company attempts to predict its sales in the future. This helps the company better plan for hiring employees, making inventory purchases, ...

Male, grey hair, green top: If you had a dice, an ordinary dice and you threw it, well the probability of getting a one would be six to one. Male, yellow and grey t-shirt: Like with a coin, flip it ...