Abstract
The equity line is itself the realization of a stochastic process (not to be confused with the one that governs the prices) and the most important question is whether the different profit & loss that compose it are of a chaotic nature or not.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Not to be confused with the sequence of prices, as now the decisions of the investor play a major role.
- 2.
Assuming that we are using an instrument that has a 1 dollar-per-point value.
- 3.
For n > 21, it is inv.t ≈ 1.96.
- 4.
If we use an instrument whose value is 1 dollar-per-point.
Reference
Spiegel MR (1975) Probability and statistics. McGraw-Hill, New York
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2013 Springer-Verlag Italia
About this chapter
Cite this chapter
Di Lorenzo, R. (2013). The Equity Line. In: Trading Systems. Perspectives in Business Culture. Springer, Milano. https://doi.org/10.1007/978-88-470-2706-0_15
Download citation
DOI: https://doi.org/10.1007/978-88-470-2706-0_15
Published:
Publisher Name: Springer, Milano
Print ISBN: 978-88-470-2705-3
Online ISBN: 978-88-470-2706-0
eBook Packages: Business and EconomicsEconomics and Finance (R0)