Add training workflow, datasets, and runbook

training_data/relevant/text/905bec08e1ba3df796c45fa27972fe0444c9ca27eda4a9077a14fe3910479ee1.txt

@@ -0,0 +1,25 @@
+728 Part VI: Measuring and Trading Volatility 
+FIGURE 36-1. 
+A sample chart. 
+Buy at these points. 
+So, many traders observed this pattern and have become adherents of trying to 
+predict volatility. Notice that if one is able to isolate volatility, he doesn't care where 
+the stock price goes he is just concerned with buying volatility near the bottom of 
+the range and selling it when it gets back to the middle or high end of the range, or 
+vice versa. In real life, it is nearly impossible for a public customer to be able to iso­
+late volatility so specifically. He will have to pay some attention to the stock price, but 
+he still is able to establish positions in which the direction of the stock price is irrel­
+evant to the outcome of the position. This quality is appealing to many investors, who 
+have repeatedly found it difficult to predict stock prices. Moreover, an approach such 
+as this should work in both bull and bear markets. Thus, volatility trading appeals to 
+a great number of individuals. Just remember that, for you personally to operate a 
+strategy properly, you must find that it appeals to your own philosophy of trading. 
+Trying to use a strategy that you find uncomfortable will only lead to losses and frus­
+tration. So, if this somewhat neutral approach to option trading sounds interesting to 
+you, then read on. 
+DEFINITIONS OF VOLATILITY 
+Volatility is merely the term that is used to describe how fast a stock, future, or index 
+changes in price. When one speaks of volatility in connection with options, there are 
+two types of volatility that are important. The first is historical volatility, which is a 
+measure of how fast the underlying instrument has been changing in price. The other 
+is implied volatility, which is the option market's prediction of the volatility of the