Strategic trading systems

Trading Systems refer to a set of rules and suggestions that help traders make their decisions as to enter or exit a market they are trading on. These systems are used in order to remove emotion from a trader‟s judgment, making their decisions as objective as possible. As with everything else in nat...

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Bibliographic Details
Main Author: Parakkal, Paul George.
Other Authors: Wong Jia Yiing, Patricia
Format: Final Year Project
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/17962
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Institution: Nanyang Technological University
Language: English
Description
Summary:Trading Systems refer to a set of rules and suggestions that help traders make their decisions as to enter or exit a market they are trading on. These systems are used in order to remove emotion from a trader‟s judgment, making their decisions as objective as possible. As with everything else in nature, this system is governed by a set of rules that seek to establish indicators on the basis of which market entry and exit can be timed and smart trading strategies can be formulated. There are two aims to this project: 1) To learn and understand the Original Turtle Trading Rules, which were so successfully applied to the commodity markets in the 1980s. 2) To formulate and develop a set of trading control rules to trade equities on the SGX based on the original Turtle Trading Rules. The results of this project may equip equity traders with smart strategies that will help them save time and indicate market entry and exit points.