Quantitative strategies are popular among hedge funds and institutional investors. As demonstrated in this course, they are also readily accessible to individual traders. Fundamentals principles of technical analysis are incorporated into complete trading strategies during the course. Those strategies are objectively defined with an eight-step process that is used to create entry and exit rules. Less well-known aspects of system design including position sizing are also explored. Discussion of strategy implementation includes risk management, system optimization and ongoing performance evaluation. Advantages and disadvantages of multiple methods of evaluating performance and risk are covered. Strategies for equities and futures markets are developed using the design principles. While systems are based on technical analysis, a process for incorporating fundamental data is also discussed. A complete strategy combining fundamental data and technical analysis is developed and as with other systems, the rules and historical returns are detailed. In fact, complete rules for several systems are provided and detailed historic results of returns and risks are analyzed. Steps for improving performance or tailoring the strategy to suit an individual’s needs are reviewed.
An excellent online course offered by edX: how it works
edX courses consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practise the concepts from the videos. The courses often include tutorial videos that are similar to small on-campus discussion groups, an online textbook, and an online discussion forum where students can post and review questions and comments to each other and teaching assistants. Where applicable, online laboratories are incorporated into the course.
edX offers certificates of successful completion and some courses are credit-eligible. Whether or not a college or university offers credit for an online course is within the sole discretion of the school. edX offers a variety of ways to take courses, including verified courses where students have the option to audit the course (no cost) or to work toward an edX Verified Certificate (fees vary by course). edX also offers XSeries Certificates for completion of a bundled set of two to seven verified courses in a single subject (cost varies depending on the courses).
An edX learning programme under Other Experiences
