NON-PREDICTIVE STOCK TRADE AS BASIS OF THE MASS INTERNATIONAL MARKET OF TRADING AUTOMATS
Abstract
The article justifies the use of stock trading methods at the international market based not on price forecast but on the chosen methodology of opening positions. The economic basis of the non-predictive trade on a global scale is completely objective, because the share price fluctuates up and down relatively to its value taken as a base, thus there is always a difference in prices, and only its positive or negative relation to the initial position of the dealer means that one received income or loss. In practice the non-mathematical methodology of the world stock trade allows to create trading automats (robots) representing the unity of the universal shell program and individual trading strategy, created and incorporated into the shell by the trader without help. The wide spread of robot designers will allow private traders to compete equally with the expensive trading automats,, which only large corporate merchants can afford. Thus, any market participant can trade using trading robots, and therefore in terms of the domination of automated trading the competitive foundations of the international stock market will be kept.
About the Authors
V. A. Galanov
National Research University Higher School of Economics
Russian Federation
Russian Federation
Doctor of Economics, Professor of the Department of Financial Markets of the PRUE.
36, Stremyanny Lane, Moscow, 117997
A. V. Galanova
National Research University Higher School of Economics
Russian Federation
Russian Federation
PhD, Associate Professor of the School of Finance of the HSE.
Myasnitskaya St., 20, Moscow, 101000
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Review
For citations:
Galanov V.A., Galanova A.V. NON-PREDICTIVE STOCK TRADE AS BASIS OF THE MASS INTERNATIONAL MARKET OF TRADING AUTOMATS. International Trade and Trade Policy. 2017;(3):74-94. (In Russ.)
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