In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points before paring those losses—all apparently due to a trader error.
According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble[PG60.75-1.41(-2.27%)], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff.
My area of interest is in System based Quantitative (automated) trading, development and back testing of different trading strategies. I learnt technical analysis, quant research and system based automated trading from one of the best technical analyst of India,Mr. Ashwani Gujral and had the privilege of working with him for three years.
He is my Guru and I will forever remain indebted to him for teaching me.I have also co-authored a book with him “How to Make Money Trading with Charts”
I am an Independent Consultant. I have developed my skills in swing trading and identification of tradable chart patterns.
Please do not use this blog as an investment advisory or recommendations.
The view expressed here is for educational and learning purpose only.
This blog has been created to share and educate traders on all the aspects of trading so that they can learn & develop a deep understanding of swing trading and enhance their trading skills.
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My other skills are in CSR , Rural Livelihood Promotion , Watershed Management,Implementation, Management & Monitoring of Rural Development Projects
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