Asim Srivastava's  Instablog

Asim Srivastava
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I'm a final year undergraduate student at the University of Warwick and I have interests in Quantitative Financial Modeling, computer programming, pure and applied mathematics, statistics and financial trading. I have been working on a quant model which provides forecasts for stock prices on a... More
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Quantitative Forecasting of Stock Prices
  • Returns For 15/02/2013 0 comments
    Feb 18, 2013 8:11 AM | about stocks: GOOG, AAPL, AMZN, IBM, PCLN

    Here are the returns for 15/02:

    AMZN: Bought 269.31, Sold 266.15, Return: -1.1%

    GOOG: Bought 787.49, Sold 791.15, Return: 0.46%

    Total Daily Profit: -848

    Daily Return: -0.0848%

    Some lessons to be learned from this experience:

    1) Holding overnight positions is risky! Particularly if they are Short Positions.

    2) Trading systems can freeze up when you least expect them to, risk management is very necessary!

    3) Patience is virtue; if you wait, positions become profitable (usually).

    Feel free to leave comments/suggestions!

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