Ton Viet Ta

Price-Forecasting Models for International Business Machines Corporation IBM Stock Ton Viet Ta

Suppose that you decide to buy/sell International Business Machines Corporation IBM Stock tomorrow after you have your own investigation about the company. How will you buy/sell the stock tomorrow? Will you make an order at the open price?This book introduces eight objective methods for buying, and the same number of methods for selling International Business Machines Corporation IBM Stock at predicted low/high prices in a day. These predicted low/high prices are of course smaller/greater than the open price. In many cases, they are approximately equal to the lowest/highest prices of the stock in the day. The author uses the theory of probability to construct formulas in the methods. Once you choose a method for your trading, its formula takes you no more than 30 seconds to obtain a predicted price. Each method has its own probability of success. For example, if a method has 90% probability of success, it means that if somebody uses this method 100 times, there are 90 times of success. The probability of success of all methods is listed in two figures from smallest number to largest one (for buying), and from largest to smallest (for selling). All methods are explained in a very easy-to-understand way. The data from 10000 consecutive trading days of International Business Machines Corporation IBM Stock are utilized. More than 40 figures or tables are given. The methods do not require any background on mathematics from readers. Furthermore, they are easy to use.