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S E P T E M B E R 2 0 TH, 2 0 1 0
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a Teaching a set of trading skills

a Getting members on Wall Street
a Educating people about all kinds of financial
products
a Networking
a Different than every other University and club in the
United States
a Turn Pitt into a recruiting center for traders and
finance jobs
 

a Two meetings a week: General and the Trading

Course
a Visits
a Trading Competitions
a Career Path Directory / Finance Universe
a Workshops
a Speakers
a Sponsors
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a Complete Independence
a Challenging
a Instant performance feedback
a Play a part in the financial markets which affect
everything
a Always in demand if your good
a Hard Work and Preparation are part of the job
a Full Responsibility from early on.
a Your nobody·s mail clerk
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a Buy and Hold has led to terrible returns in previous
years
a Good in concept
a Traditional investment models only work if other
market players care about them
a Overall stock market prices are a function of how
much money flows to equities.
a The thought that intraday trading or even over a
week period stock price movements are random
 

 

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D AI L Y
  

R AN G E B O U N D E X AM P L E
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AU D / J P Y
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AU D / J P Y
 

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a The stock trades against you and you buy more

a The stock trades against you and you hold it
a The stock trades against you, panic, then you make
up your exit plan and sell out at the bottom.
a The stock trades against you and you make the
excuse that I am young and can deal with losses
now.
a Investing without an exit plan is dangerous.
a ´Investingµ sounds good under the premise that
stocks always go up ² Yet this isn·t true

 
S & P 5 0 0 I S S T I L L D O W N 2 8 % F R O M I T S P E AK
 35k High



S I N C E 1 9 9 0 I S D O W N 7 2 % F R O M I T S P E AK
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a Fundamental Analysis without a methodical

approach is hard to get consistent results
a With disciplined rules it becomes often becomes
quantitative investing.
a CANSLIM Method is one of the best strategies out
there for picking strong fundamental companies
and stocks
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a Pattern Recognition
a Developing your own playbook
a Making trades that make the most sense to you.
a Buying Strong Stocks and Selling Weak stocks will
improve returns substantially regardless of the overall
market.
a Independence
a Technical trading is consistent though what works today
may not necessarily work tomorrow.
a These skills will not only play a role if you want to become
a trader, but also help you do something with your
money when you get a job.
 

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a Recently the correlation between stocks in the S&P

was around .9
a Meaning that regardless of the vast difference
between stocks the majority of them moved with
the market
a Alpha is hard to produce with all the Quants and
HFT players in the market.
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a Send us an email at thetradinpitt@gmail.com or me

at steve.mcmannis@gmail.com
a Check out the website
http://www.pitt.edu/~sorc/trade/

a Trading Pitt Logo?

a Interested in Opportunities?