Page 141 - IMDR JOURNAL 2023-24
P. 141
IMDR’s Journal of Management Development & Research 2023-24
By examining different strategies, traders can gain insights into their strengths, weaknesses, and suitability
for professional trading.
Conduct an in-depth review of literature and case studies to analyze diverse trading strategies, identifying their
key features and performance metrics.
Styles of trading:
Day traders: initiate and terminate trades on the same day.
Swing trading: Keeping positions open for several days or weeks with the goal of spotting transient trends.
Position trading: Invests over periods of months or years, concentrating on fundamentals and long-term
trends.
Scalping: Performing a lot of little trades in order to profit from minute changes in price.
Impact Assessment Objective:
To assess the impact of trading strategies on the development of professional trading skills and success in the
stock market.
Understanding how trading strategies influence trader development and outcomes is crucial for aspiring
professionals.
Utilize quantitative and qualitative analysis techniques to evaluate the effectiveness of trading strategies in
enhancing trading skills and achieving desired outcomes.
Critical Analysis Objective:
To critically analyze the strengths and weaknesses of selected trading strategies and their implications for
professional trading. A critical analysis helps traders identify the most effective strategies and avoid potential
pitfalls in their trading journey.
Methodology:
Data Collection:
Historical market data, such as stock prices, trade volumes, and RSI values, are sourced from reputable
financial databases such as Bloomberg, Yahoo Finance, and NSE/BSE. This data is the basis for doing
empirical analysis and evaluating the performance of each trading strategy.
Quantitative Analysis: