Here is a visual of the Towers of Truth as I call them. The 1st Standard Deviation of a stock. With the QQQs we see different heights and with the IWM we see more balanced towers. The mean is the statistical mean and we see the chance of the stock to be above the mean or below the mean. The QQQs tend to the upside while the IWM is more ranging! Where do you want to be if you like neutral markets that are not going anywhere? IWM. Statistics tell you exactly what the probability is of being above the current market price and what is the probability of being below the current market price. You can also visualize what the potential losses are.
https://www.youtube.com/watch?v=Qj3TD9cCQAU
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