Noise

Alex Preda

6 ratings by Goodreads

Language: English

Published by The University of Chicago Press, US, 2017

022642748X / 9780226427485

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We often think of finance as a glamorous world, a place where investment bankers amass huge profits in gleaming downtown skyscrapers. There's another side to finance, though the millions of amateurs who log on to their computers every day to make their own trades. The shocking truth, however, is that less than 2% of these amateur traders make a consistent profit. Why, then, do they do it? In Noise, Alex Preda explores the world of the people who trade even when by all measures they would be better off not trading. Based on firsthand observations, interviews with traders and brokers, and on international direct trading experience, Preda's fascinating ethnography investigates how ordinary people take up financial trading, how they form communities of their own behind their computer screens, and how electronic finance encourages them to trade more and more frequently. Along the way, Preda finds the answer to the paradox of amateur trading the traders aren't so much seeking monetary rewards in the financial markets, rather the trading itself helps them to fulfill their own personal goals and aspirations.…

Seller Inventory # LU-9780226427485

Title
Noise
Author
Alex Preda
Publisher
The University of Chicago Press, US
Publication year
2017
Condition
New
Binding
Paperback
Language
English
ISBN 10
022642748X
ISBN 13
9780226427485
Item weight
397 grams

Rarewaves.com USA

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