Can statistics make you a better stock trader?

So do you wanna make money?

Ever try trading stocks?  Now, have you ever tried using statistics to help your trading and improve your buying and selling strategy?  This example is one of a 2 part video lesson.

This one focuses one two different statistics simple moving averages, and exponential moving averages.  This is a simple technique that can be used in combination with fundamental analysis for improving your portfolio’s performance.

A drawback with statistics for trading stocks, is perhaps more often trades and thus increasing trading costs.

So do you use technical analysis for trading stocks?  If so, which is your favorite technique?  Share.