Sign up
Sign in
Sign up
Sign in
Follow publication
empowerment through data, knowledge, and expertise. subscribe to DDIntel at https://ddintel.datadriveninvestor.com
Follow publication
Member-only story
Ayrat Murtazin
Follow
DataDrivenInvestor
—
Share
During my undergraduate studies in Finance, I was particularly excited about the Financial Trading Strategies course. Unlike other classes that relied on textbooks and PowerPoint presentations, our professor, a former market maker, favored a hands-on approach. Throughout the semester, we were fully immersed in simulated trading scenarios, using the same software as professional traders at Citadel and similar firms. Our grades were determined not just by our profits, but also by our performance compared to our classmates. At times, the pressure felt even greater than trading with actual money.
Before we begin, I extend an invitation for you to join my dividend investing community. By joining, you won’t miss any crucial articles and can enhance your skills as an investor. As a bonus, you’ll receive a complimentary welcome gift: A 2024 Model Book With The Newest Trading Strategies (both Options and Dividends)
ayratmurtazin.beehiiv.com
Here are some key things I learned from that memorable class:
In this scenario, we acted as commodity traders using “location arbitrage” strategies. Our goal was to exploit price differences in oil across various locations by purchasing from cheaper markets and selling in more expensive ones. Although the market rewarded us for addressing supply-demand imbalances, we faced a significant risk: global oil price fluctuations. This underscored the necessity of hedging. Despite positive expected values, unmitigated exposure to the global oil market led to losses when prices declined.
As portfolio managers managing a trio of stocks, we leveraged our knowledge of their fair values. Our task was to take long positions in undervalued stocks and short positions in overvalued ones. However, we had to contend with the risk of short-term deviations from fair value. To mitigate overall market risk, I adopted…
—
—
empowerment through data, knowledge, and expertise. subscribe to DDIntel at https://ddintel.datadriveninvestor.com
DS & Finance Explorer, My Newsletter – gurufinanceinsights.com For Inquires: aamurtazin@edu.hse.ru
Help
Status
About
Careers
Press
Blog
Privacy
Rules
Terms
Text to speech
This Is What Citadel’s Training Software Taught Me | by Ayrat Murtazin – DataDrivenInvestor
