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	<title>Nerds on Wall Street &#187; stock market trading</title>
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		<title>Part 2 &#8211; Alpha as Life</title>
		<link>http://nerdsonwallstreet.com/alpha-returns-active-investing-519/</link>
		<comments>http://nerdsonwallstreet.com/alpha-returns-active-investing-519/#comments</comments>
		<pubDate>Sun, 24 May 2009 21:20:43 +0000</pubDate>
		<dc:creator>David Leinweber</dc:creator>
				<category><![CDATA[computational finance]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[active trading]]></category>
		<category><![CDATA[alpha investments]]></category>
		<category><![CDATA[alpha performance]]></category>
		<category><![CDATA[alpha return]]></category>
		<category><![CDATA[alpha returns]]></category>
		<category><![CDATA[automated]]></category>
		<category><![CDATA[capital market efficiency]]></category>
		<category><![CDATA[hedge fund investing]]></category>
		<category><![CDATA[hedge fund investments]]></category>
		<category><![CDATA[hedge fund management]]></category>
		<category><![CDATA[hedge fund manager]]></category>
		<category><![CDATA[hedge fund managers]]></category>
		<category><![CDATA[index investing]]></category>
		<category><![CDATA[index trading]]></category>
		<category><![CDATA[investment analysis]]></category>
		<category><![CDATA[investment decision]]></category>
		<category><![CDATA[investment decisions]]></category>
		<category><![CDATA[investment information]]></category>
		<category><![CDATA[investment management]]></category>
		<category><![CDATA[money management]]></category>
		<category><![CDATA[passive management]]></category>
		<category><![CDATA[portfolio management]]></category>
		<category><![CDATA[quantative investing]]></category>
		<category><![CDATA[stock market analysis]]></category>
		<category><![CDATA[stock market investment strategy]]></category>
		<category><![CDATA[stock market investments]]></category>
		<category><![CDATA[stock market trading]]></category>
		<category><![CDATA[stock market trading strategy]]></category>
		<category><![CDATA[stock market trading system]]></category>
		<category><![CDATA[stock picking]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[wall street history]]></category>
		<category><![CDATA[wall street stock market]]></category>
		<category><![CDATA[wall street trading]]></category>

		<guid isPermaLink="false">http://nerdsonwallstreet.com/?p=519</guid>
		<description><![CDATA[Passive Investing &#8211; Active Investing &#8211; Alpha Returns
Index funds are passive investments; their goal is to deliver a return that matches a benchmark index. The Old Testament of indexing is Burton Malkiel’s classic A Random Walk Down Wall Street, first published in 1973 by W.W. Norton and now in its ninth edition. For typical individual [...]]]></description>
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		<title>Chapter 09 &#8211; The Text Frontier &#8211; AI, IA, and the New Research</title>
		<link>http://nerdsonwallstreet.com/investment-alpha-trading-alpha-wall-street-rumors-347/</link>
		<comments>http://nerdsonwallstreet.com/investment-alpha-trading-alpha-wall-street-rumors-347/#comments</comments>
		<pubDate>Sat, 23 May 2009 22:23:47 +0000</pubDate>
		<dc:creator>David Leinweber</dc:creator>
				<category><![CDATA[quantitative finance]]></category>
		<category><![CDATA[capital market efficiency]]></category>
		<category><![CDATA[capital markets]]></category>
		<category><![CDATA[computational finance]]></category>
		<category><![CDATA[day traders]]></category>
		<category><![CDATA[day trading]]></category>
		<category><![CDATA[daytrading]]></category>
		<category><![CDATA[equity trader]]></category>
		<category><![CDATA[equity trades]]></category>
		<category><![CDATA[equity trading]]></category>
		<category><![CDATA[inefficient market]]></category>
		<category><![CDATA[insider stock trading]]></category>
		<category><![CDATA[insider trading]]></category>
		<category><![CDATA[insider trading report]]></category>
		<category><![CDATA[insider trading reports]]></category>
		<category><![CDATA[investment alpha]]></category>
		<category><![CDATA[investment information]]></category>
		<category><![CDATA[market anomalies]]></category>
		<category><![CDATA[market anomaly]]></category>
		<category><![CDATA[market efficiency]]></category>
		<category><![CDATA[market manipulation]]></category>
		<category><![CDATA[market volatility]]></category>
		<category><![CDATA[pump and dump]]></category>
		<category><![CDATA[quantative investing]]></category>
		<category><![CDATA[stock manipulation]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[stock market manipulation]]></category>
		<category><![CDATA[stock market message boards]]></category>
		<category><![CDATA[stock market recommendation]]></category>
		<category><![CDATA[stock market recommendations]]></category>
		<category><![CDATA[stock market tips]]></category>
		<category><![CDATA[stock market trading]]></category>
		<category><![CDATA[stock market trading strategy]]></category>
		<category><![CDATA[stock market trading tip]]></category>
		<category><![CDATA[trading alpha]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[wall street history]]></category>
		<category><![CDATA[wall street stock market]]></category>
		<category><![CDATA[wall street stocks]]></category>
		<category><![CDATA[wall street trading]]></category>

		<guid isPermaLink="false">http://nerdsonwallstreet.com/?p=347</guid>
		<description><![CDATA[Hunting Investment Alpha and Trading Alpha from Online News, Social Media, and Rumors
Alpha hunters are always looking for new territory. When a strategy becomes known and used by too many players, the collective market impact of getting in and getting out will squeeze out all the profit juice, and only the lowest-cost transactors (large sell-side [...]]]></description>
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		<title>Chapter 05 &#8211; A Gentle Introduction to Computerized Investing</title>
		<link>http://nerdsonwallstreet.com/introduction-to-computerized-investing-and-quantitative-investments-290/</link>
		<comments>http://nerdsonwallstreet.com/introduction-to-computerized-investing-and-quantitative-investments-290/#comments</comments>
		<pubDate>Fri, 22 May 2009 23:11:07 +0000</pubDate>
		<dc:creator>David Leinweber</dc:creator>
				<category><![CDATA[quantitative finance]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[active trading]]></category>
		<category><![CDATA[algo trading]]></category>
		<category><![CDATA[computational finance]]></category>
		<category><![CDATA[equity capital markets]]></category>
		<category><![CDATA[equity fund]]></category>
		<category><![CDATA[equity funds]]></category>
		<category><![CDATA[equity risk]]></category>
		<category><![CDATA[index investing]]></category>
		<category><![CDATA[index trading]]></category>
		<category><![CDATA[investment trading]]></category>
		<category><![CDATA[market impact]]></category>
		<category><![CDATA[mathematical finance]]></category>
		<category><![CDATA[quantative investing]]></category>
		<category><![CDATA[quantitative analysis]]></category>
		<category><![CDATA[quantitative investing]]></category>
		<category><![CDATA[quantitative investment]]></category>
		<category><![CDATA[quantitative investment management]]></category>
		<category><![CDATA[quantitative management]]></category>
		<category><![CDATA[risk analysis]]></category>
		<category><![CDATA[risk and return]]></category>
		<category><![CDATA[stock market trading]]></category>
		<category><![CDATA[stock market trading software]]></category>
		<category><![CDATA[systematic trading]]></category>
		<category><![CDATA[tracking error]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[wall street history]]></category>
		<category><![CDATA[wall street stock market]]></category>
		<category><![CDATA[wall street trading]]></category>

		<guid isPermaLink="false">http://nerdsonwallstreet.com/?p=290</guid>
		<description><![CDATA[Computerized Investing, Index Funds, Quantitative Investing, and Active Management
“Life would be so much easier if we only had the source code.” —	Hacker proverb
The beginning of index investing in the 1970s was the result of a convergence of events, one of those ripe apple moments. Institutional investors began to use firms like A.G. Becker to actually [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chapter 03 &#8211; Algorithm Wars</title>
		<link>http://nerdsonwallstreet.com/algorithmic-trading-strategies-automated-stock-trading-187/</link>
		<comments>http://nerdsonwallstreet.com/algorithmic-trading-strategies-automated-stock-trading-187/#comments</comments>
		<pubDate>Fri, 22 May 2009 02:32:31 +0000</pubDate>
		<dc:creator>David Leinweber</dc:creator>
				<category><![CDATA[quantitative finance]]></category>
		<category><![CDATA[algo trading]]></category>
		<category><![CDATA[algorithm trading]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[algorithmic trading strategies]]></category>
		<category><![CDATA[automated stock trading]]></category>
		<category><![CDATA[automated trading]]></category>
		<category><![CDATA[computational finance]]></category>
		<category><![CDATA[direct market access]]></category>
		<category><![CDATA[investment trading]]></category>
		<category><![CDATA[map of the market]]></category>
		<category><![CDATA[market impact]]></category>
		<category><![CDATA[market neutral]]></category>
		<category><![CDATA[quantative investing]]></category>
		<category><![CDATA[stock market trading]]></category>
		<category><![CDATA[stock market trading software]]></category>
		<category><![CDATA[stock market trading strategy]]></category>
		<category><![CDATA[stock market trading system]]></category>
		<category><![CDATA[stock trading simulator]]></category>
		<category><![CDATA[stock trading software]]></category>
		<category><![CDATA[stock trading strategies]]></category>
		<category><![CDATA[stock trading strategy]]></category>
		<category><![CDATA[stock trading system]]></category>
		<category><![CDATA[stock trading systems]]></category>
		<category><![CDATA[systematic trading]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[wall street history]]></category>
		<category><![CDATA[wall street stock market]]></category>
		<category><![CDATA[wall street trading]]></category>

		<guid isPermaLink="false">http://nerdsonwallstreet.com/?p=187</guid>
		<description><![CDATA[Algorithmic Trading Strategies and Automated Stock Trading
“How about a nice game of chess?” — WOPR computer in &#8220;War Games&#8221;
There used to be two market structures for U.S. equity traders to contend with: the NYSE (for listed stocks) and NASDAQ. Recent counts put the number at roughly 40. Many are sources of dark liquidity, which sounds [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Chapter 02 &#8211; Greatest Hits of Computation in Finance</title>
		<link>http://nerdsonwallstreet.com/greatest-hits-computational-finance-165/</link>
		<comments>http://nerdsonwallstreet.com/greatest-hits-computational-finance-165/#comments</comments>
		<pubDate>Fri, 22 May 2009 01:04:11 +0000</pubDate>
		<dc:creator>David Leinweber</dc:creator>
				<category><![CDATA[quantitative finance]]></category>
		<category><![CDATA[automated stock trading]]></category>
		<category><![CDATA[automated trading]]></category>
		<category><![CDATA[capital market]]></category>
		<category><![CDATA[computational finance]]></category>
		<category><![CDATA[direct market access]]></category>
		<category><![CDATA[electronic market]]></category>
		<category><![CDATA[electronic markets]]></category>
		<category><![CDATA[electronic stock trading]]></category>
		<category><![CDATA[electronic trading systems]]></category>
		<category><![CDATA[execution trading]]></category>
		<category><![CDATA[financial trading]]></category>
		<category><![CDATA[investment information]]></category>
		<category><![CDATA[map of the market]]></category>
		<category><![CDATA[online trading platforms]]></category>
		<category><![CDATA[quantative investing]]></category>
		<category><![CDATA[stock market trading]]></category>
		<category><![CDATA[stock market trading software]]></category>
		<category><![CDATA[stock market trading system]]></category>
		<category><![CDATA[stock trading software]]></category>
		<category><![CDATA[stock trading strategies]]></category>
		<category><![CDATA[stock trading system]]></category>
		<category><![CDATA[stock trading systems]]></category>
		<category><![CDATA[trading analysis]]></category>
		<category><![CDATA[trading signals]]></category>
		<category><![CDATA[trading strategy]]></category>
		<category><![CDATA[trading system]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[wall street history]]></category>
		<category><![CDATA[wall street stock market]]></category>
		<category><![CDATA[wall street trading]]></category>

		<guid isPermaLink="false">http://nerdsonwallstreet.com/?p=165</guid>
		<description><![CDATA[Computational Finance, Stock Market Analysis, and Investment Trading
&#8220;A computer does not substitute for judgment any more than a pencil substitutes for literacy. But writing without a pencil is no particular advantage.&#8221; &#8211; Robert McNamara
The Journal of Portfolio Management (JPM*) is one of the more upscale investment management publications around. For $500 a year, you get [...]]]></description>
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