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Building Automated Trading Systems Using Automatic Code Generation

By Michael Bryant Ph.D. 2010 Abstract / Introduction: One of the biggest trends in retail trading over the past decade has been the increase in the popularity of automated trading. In this type of trading, also known as automated order execution, buy and sell signals generated by a trading system […]

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Behavioural finance – and the speculative bubble at the end of the 1990s

By Melena Johnson, Henrik Lindblom, Peter Platan January 2002 Abstract / Introduction: The late 1990s saw a speculative bubble in technology stocks. This article describes the possible reasons for a speculative bubble and the impact which all market participants play in fueling such a bubble. This article draws direct comparison […]

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Behavioral economics

By Sendhil Mullainathan, Richard H Thaler Abstract / Introduction: Behavioral Economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations and complications. We begin with a preliminary question about relevance. Does some combination of market forces, learning […]

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Are investors reluctant to realise their losses?

By Terrance Odean 1998 Abstract / Introduction: I test the disposition effect, the tendency of investors to hold losing investments too long and sell winning investments too soon, by analyzing trading records for 10,000 accounts at a large discount brokerage house. These investors demonstrate a strong preference for realizing winners […]

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