CFA I Candidate – now official
Posted by Dmitry Blokhin on Mar 15, 2012 in Studying | 3 comments
I’ve finally registered to CFA I exam in London, December 1. I think the most strong motivation for hard learning is the sum paid for this exam. But there are also a good thing as I’ve read in a article a long time ago. If you have to do something hard and boring just imagine a present for yourself in case of successful finish. So I’ve imagined a week in London!
read moreCFA exam decision
Posted by Dmitry Blokhin on Feb 29, 2012 in Studying | 2 comments
I’ve made a decision to pass CFA exam in December 2012. I have two weeks till registration deadline for Juny 2012 exam but… I studied a long time ago and I don’t remember how to do it So I’ve decided to have a little more time. The Chartered Financial Analyst (CFA) Program is a graduate level self-study program offered by the CFA Institute (formerly AIMR) to investment and financial professionals. A candidate who successfully completes the program and meets other professional requirements is awarded a...
read morePrice Action
Posted by Dmitry Blokhin on Feb 22, 2012 in Trading | 0 comments
Although there are lots of trading strategy classifications, one of the root classifications answers the question whether the trading system uses technical analysis or not. You may ask how it’s possible to make trading decisions without looking into charts and indicators? Price Action implies trading based solely on price changes and totally excludes any use of indicators. Based on Price Action, trading performs only on price patterns. Price Action advantages Let’s consider some pros and cons of trading based on Price Action. No...
read moreFuzzy Logic for Indicators, part 2
Posted by Dmitry Blokhin on Feb 15, 2012 in Trading | 0 comments
Ok, in the beginning we have to determine our goals and instruments. We would draw our membership functions as lines in a subchart area. Our arithmetic average would be drawn as histogram and would be colored depending to absolute value of resulting function, from red to green. Also it’s good idea to draw our source indicators on chart in order to achieve the whole picture. cAlgo Implementation cAlgo is clean and simple but it lacks a few useful possibilities at this moment. One of them is inability to draw indicator lines...
read moreFuzzy Logic for Indicators, part 1
Posted by Dmitry Blokhin on Feb 6, 2012 in Trading | 0 comments
Since Charles Babbage’s invention of the first computer we know our electronic friends use simple binary logic based on “true/false” system. It’s quite enough for mathematical calculations and most financial indicators, but when we try to construct a complex indicator or a robot based on our human experience we may encounter a problem. How to tell a computer such simple human terms like “slightly more…”, “too fast…”, “practically nothing…”? However, it’s possible with fuzzy logic theory, or rather “membership...
read moreMoving Averages Envelope
Posted by Dmitry Blokhin on Feb 6, 2012 in Trading | 0 comments
Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average, which forms the base for this indicator, can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base, Moving Average Envelopes can be used as a trend following indicator. However, this indicator is not limited to just trend following. The envelopes can also be used to identify...
read moreAbout Me
Recent Comments
Arun on CFA exam decision
CFA is very useful but not a must. If you can have it, it is eaiser. The most important is...pablito on CFA I Candidate – now official
CFA is a good option for ER type roles, so is FRM if you are criondesing risk management in investment...Dmitry Blokhin on CFA I Candidate – now official
Hey, it's really boring :) How it was told by Barney Stinson - "Challenge accepted!" :)Leonid Mamchenkov on CFA I Candidate – now official
For me personally, the best present for doing something hard and boring is NOT doing something hard and boring. Ever!...Leonid Mamchenkov on CFA exam decision
Good luck, mate! :)