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The Currency Trading Strategy Of R Capital Management In Singapore

Posted on:2012-01-13Degree:MasterType:Thesis
Country:ChinaCandidate:B YunFull Text:PDF
GTID:2219330368987336Subject:Business Administration
Abstract/Summary:PDF Full Text Request
China's financial market is gradually opening up process, the internationalization of the RMB and we can confirm the trend of the future. Although the foreign exchange market is the world's largest financial market, but because of our temporary control, indirectly leading to a serious shortage of qualified personnel in this regard, the future is bound to face a lot of foreign exchange shortage of management talent. Our policy is to vigorously develop foreign exchange professionals, to further open its financial markets, international standards in preparation. Currency analysts, strategists, these professional traders will no doubt become a financial tsunami sunrise career. The financial sector, foreign companies, or related financial information services company in the desire for a high level of foreign talent. Even the author of "Nationomics", Mr. Cheng Bibo young scholars in his book "Fortune of war," also suggested that China should also pay attention to fostering private financial sniper team, directly involved in the United States, Europe and other worldwide financial speculation.However, to prevent the exchange rate risk by forecasting profitability even for almost the hardest thing in the world, one of a variety of cutting-edge theory applied here is not surprising:although originated in physics, chaos theory, to explain natural phenomena, but because of its relatively linear model, it can be given for more natural human behavior to explain the situation, especially in the financial markets behind the transactions, namely:the seemingly random phenomena, there is a more advanced order. Currently, many international funds invest in foreign exchange management concept has gradually moved from the forecast exchange rate-based investment strategy closely aligned with the market trend of turning to follow the strategy. And systematic, model-based trading strategies can be said that this time every professional investor is essential tools to improve transaction performance.In this paper, R Capital Management in Singapore currency trading strategies as a subject of systematic study, using historical data back to the test methods, their winning percentage at a certain stage, risk-benefit ratio, expectations, risk exposure positions for analysis to identify the existing design strategies, implementation issues and even the fundamental problem. To solve the above problem, in the absorption of the original strategy based on the merits, in order to better follow the trend, the introduction of the chaos, fractal structure, and mental aspects of theoretical research, create a new policy model compound:first through the drive that led to changes in exchange rates factors, psychological factors, behavioral factors, the analysis step by step, select the appropriate currency and the direction of position, followed by the quantitative risk management programbased on a reasonable position to determine the unit, select the appropriate location to establish long-term positions, based on the Gubby Multiple Moving Average (GMMA) to confirm the trend, and then use Bollinger Bands to set the initialstop, turned a profit after the band changes according to constantly change positions to adjust to "posterior appearance, "which, using ATR Ratchet technology chasing only the profit, the price fell below the pursuit of profit only open appearance.Study of this topic starting from the actual transaction, for the financial sector, small and medium sized institutional investors, foreign-related enterprises and related financial advisory services firm to establish their own currency trading strategies with a certain significance.
Keywords/Search Tags:psychology, chaos theory, risk management, trend-following, investment strategy
PDF Full Text Request
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