📅 2024-01-12 — Session: Developed Investment and Trading System Plan
🕒 18:10–19:30
🏷️ Labels: Investment, Trading, Algorithmic Trading, Financial Planning, Python
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal
The session aimed to develop a comprehensive plan for setting up an investment and trading system with a focus on algorithmic trading and risk management.
Key Activities
- Outlined a structured five-day plan covering strategy development, market research, legal compliance, account setup, testing, and monitoring.
- Detailed the user’s investment goals, risk tolerance, and strategies of interest for Day 1 of the setup.
- Created a comprehensive investment strategy plan for 2024, focusing on goal setting, risk assessment, and strategy development.
- Provided insights into the ‘Setting Foundations’ phase, including financial position assessment and risk tolerance definition.
- Calculated total investment capital for 2024, aligning strategies with risk tolerance.
- Developed Python code for visualizing exponential and linear growth functions of investments.
- Discussed strategies for investing within a $10-15k capital range, emphasizing long-term growth.
- Outlined a Python function for projecting investment growth over a 1 to 5-year horizon.
Achievements
- Completed a detailed plan for the investment and trading system setup.
- Developed Python visualization tools for investment growth analysis.
Pending Tasks
- Implement the outlined five-day plan, focusing on each day’s specific goals and tasks.
- Test and refine the investment growth projection model in Python.
- Continue monitoring and adjusting strategies based on market research and performance.