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:
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