Day Trading

12 Pages Posted: 11 Nov 2018 Last revised: 24 Mar 2019

Date Written: October 19, 2018

Abstract

This report presents the vital role stochastic modeling (CLM) plays in designing an algorithm that automatically produces respective BUY/SELL (BS) orders for EURO and British Pound (GBP) currencies. These trades are made possible by using the online Trader Workstation (TWS) provided by Interactive Brokers. Use of the TWS provided API software in conjunction with the CLM BS software allows instantaneous BS activity.

Illustrated in this document will be the potential material gain $1867.50 over a 38.1minute time interval. This potential gain is possible provided the minimum reserve account be satisfied to allow a total of 90 trades in a time frame of approximately ½ hour. In addition, this report will illustrate the actual profit that was realized from application existing CLM BS design when the British Pound was undergoing BREXIT. During this time, the design produced $64.49 over this same 38.11minute time interval of interest – see Real Event Log.

Keywords: Currency, Brexit, Day Trading, Finance, Monetary, Modeling

JEL Classification: D01, D03, D70, D80, D86

Suggested Citation

Ternyik, Stephen I. and Fermelia, Al, Day Trading (October 19, 2018). Available at SSRN: https://ssrn.com/abstract=3269919 or http://dx.doi.org/10.2139/ssrn.3269919

Stephen I. Ternyik

Techno-Logos, Inc. ( email )

Al Fermelia (Contact Author)

CLM Associates ( email )

5760 E Caley Avenue
Centennial, CO CO 80111
United States
3038806699 (Phone)

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