{"product_id":"the-laws-of-trading-9781119574217","title":"The Laws of Trading","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAcknowledgments vii\u003c\/p\u003e \u003cp\u003eForeword ix\u003cbr\u003e\u003ci\u003eAaron Brown\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Motivation 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnow why you are doing a trade before you trade 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Adverse Selection 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou’re never happy with the amount you traded 22\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Risk 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTake only the risks you’re being paid to take Hedge the others 41\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Liquidity 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePut on a risk using the most liquid instrument for that risk 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Edge 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIf you can’t explain your edge in five minutes, you don’t have a very good one 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Models 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe model expresses the edge 115\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Costs and Capacity 141\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIf you think your costs are negligible relative to your edge, you’re wrong about at least one of them 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Possibility 167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eJust because something has never happened doesn’t mean it can’t 171\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Alignment 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorking to align everyone’s interests is time well spent 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Technology 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIf you don’t master technology and data, you’re losing to someone who does 220\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Adaptation 239\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIf you’re not getting better, you’re getting worse 240\u003c\/p\u003e \u003cp\u003eNotes 261\u003c\/p\u003e \u003cp\u003eIndex 271\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":48866403483991,"sku":"9781119574217","price":21.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781119574217.jpg?v=1722278480","url":"https:\/\/bookcurl.com\/products\/the-laws-of-trading-9781119574217","provider":"Book Curl","version":"1.0","type":"link"}