The First Dip into Quantitative Analysis
We began the third week of ISM with a peer review of each others' resume rough drafts. This was quite helpful as I was able to provide suggestions to others as well as gain insights about my own resume through the eyes of others. This week I also had the chance to look into the quantitative analysis of the Futures segment in American Markets. I have previously worked on trading software for Futures and Options in Indian markets and found the differences quite intriguing. To guide me into this segment I used the paper 'Research on futures trend trading strategy based on short term chart pattern' by Saulius Masteika and Aleksandras Vytautas Rutkauskas. The paper researched a refined analysis strategy that tried to nullify some losses. The chart pattern related to fractal formation and chaos theory they researched proved more efficient than previous methods. I plan on using multiple such optimized methods to get the highest probability possible for a specific industry's stock. What I need to dig further into would be more methods and mathematical formulas for futures movement predictions. This week we also perfected our resumes through fine adjustments for a final resume build. The only challenge I faced this week was the terminology and theories used in the paper. I will be smoothening those rough edges for a more fluid experience henceforth.