Automated Trading Systems VS Manual Trading in Forex Exchange Market

Detalhes bibliográficos
Autor(a) principal: Nunes, Marli Damião Abade
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/119886
Resumo: Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management
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spelling Automated Trading Systems VS Manual Trading in Forex Exchange MarketForex Exchange Markets;Technological Edge;Manual Trading;Human Behaviour;Effectiveness and SensitivityDissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and ManagementIn the recent decades, automated trading has been widely used in Forex and Money Markets, as well as in financial markets. This auto trading provided substantial benefits to transaction efficiency. Many trading robots have been created to substitute humans, capable of simulating trading strategies and continuously making profits. Nevertheless, programs cannot reproduce all human behaviour and most robots are over-sensitive, therefore, it is difficult to have the same results as human traders. The study focuses on evaluating the trading machines sensitivity and effectiveness. The economic markets can benefit from the machine in several ways, through continuous operation, increasing diversification, short/term trading opportunities and by forecasting opportunities e. g. currency price changes. The further investigation indicates that the majority of forex trading robots are profitable, in fact, there is a great tendency for curve-fitting or data-mining. There are some impressive robots out there; of course, these systems maintain an advantage and successfully manage risk. The best ones are more about position sizing and cutting losses quickly and less about high win rates. The greater the sensitivity the greater the trading opportunities, but this decreases the performance. This research will contain interviews with experts that will validate the study.Santos, Vitor Manuel Pereira Duarte dosRUNNunes, Marli Damião Abade2021-06-24T14:56:34Z2021-06-182021-06-18T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/119886TID:202735362enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:02:30Zoai:run.unl.pt:10362/119886Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:44:13.596444Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Automated Trading Systems VS Manual Trading in Forex Exchange Market
title Automated Trading Systems VS Manual Trading in Forex Exchange Market
spellingShingle Automated Trading Systems VS Manual Trading in Forex Exchange Market
Nunes, Marli Damião Abade
Forex Exchange Markets;
Technological Edge;
Manual Trading;
Human Behaviour;
Effectiveness and Sensitivity
title_short Automated Trading Systems VS Manual Trading in Forex Exchange Market
title_full Automated Trading Systems VS Manual Trading in Forex Exchange Market
title_fullStr Automated Trading Systems VS Manual Trading in Forex Exchange Market
title_full_unstemmed Automated Trading Systems VS Manual Trading in Forex Exchange Market
title_sort Automated Trading Systems VS Manual Trading in Forex Exchange Market
author Nunes, Marli Damião Abade
author_facet Nunes, Marli Damião Abade
author_role author
dc.contributor.none.fl_str_mv Santos, Vitor Manuel Pereira Duarte dos
RUN
dc.contributor.author.fl_str_mv Nunes, Marli Damião Abade
dc.subject.por.fl_str_mv Forex Exchange Markets;
Technological Edge;
Manual Trading;
Human Behaviour;
Effectiveness and Sensitivity
topic Forex Exchange Markets;
Technological Edge;
Manual Trading;
Human Behaviour;
Effectiveness and Sensitivity
description Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Risk Analysis and Management
publishDate 2021
dc.date.none.fl_str_mv 2021-06-24T14:56:34Z
2021-06-18
2021-06-18T00:00:00Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/119886
TID:202735362
url http://hdl.handle.net/10362/119886
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