خرید و دانلود نسخه کامل کتاب The Laws of Trading: A Trader’s Guide to Better Decision-Making for Everyone – Original PDF

t’s Monday February 24th, 2014. A trader at this point in my life, my job is to buy and sell securities on financial markets around the world, and to do that profitably. Markets in London open at 8am, so that’s when my trading day starts. Today is going to be an interesting day, since on Saturday the Ukrainian parliament decided to remove its president from office. Trading is always busy after big news like this happens. And yet if I think carefully, I can count ten different trades that I did before markets even opened: 1. I got out of bed and went to work. 6am is early, but I traded away a bit more sleep (and a relaxing day off) in exchange for the wages I’m going to be paid for my work. 2. I wore the heavier jacket. It would have been nice to find the thinner one in this unseasonably warm weather, but the risk of rooting around in the closet and waking up my wife was too great. I traded some comfort on the way to work in exchange for a smoother home life. 3. On the walk to the Underground station, I got a notification that the old golf clubs I had put up on eBay had finally sold. I’d rather have the extra money than a backup set of old irons anyway. 4. When I saw a gap in the traffic I decided to jaywalk in the middle of the block, saving myself somewhere between 2 and 30 seconds of waiting at the corner for the light. I bought those seconds with (a) the small risk of injury or death if I had misjudged the gap, and (b) the even smaller risk of getting a ticket. 5. I swiped my Oyster card at the station, exchanging some hard-earned money for the right to board the Underground to work. It’s entirely too far to walk, and taking a cab would be more expensive and likely slower too