Options Trader and moderator of an active trading group. I recently made several interactive online calculators to help analyze data for trading AAPL, SPX, NDX, & RUT stock / options. http://activetrader999.wix.com/online-tools
Numbers are used everyday within my scoop of work. Using calculations everyday makes technicals easier to understand. However, I feel statistics is undervalued when determining stock movement and needs to be used more so than technicals.
I post charts showing support and resistance levels on various stocks and ETF'S, but for my personal trading account I don't look at the charts. I place trades using probabilities NOT statistics. This style works for me, do what works for you...
Former OptionsXpress Chief of Technology, providing daily stock and options picks with entry and exit points. Recommended by Barron's. Picks based on a quantitative trading system built upon statistical analysis. Try us for Free today.