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    The Laws of Trading: A Trader's Guide to Better Decision-Making for Everyone
    The Laws of Trading: A Trader's Guide to Better Decision-Making for Everyone
    The Laws of Trading: A Trader's Guide to Better Decision-Making for Everyone
    Audiobook11 hours

    The Laws of Trading: A Trader's Guide to Better Decision-Making for Everyone

    Written by Agustin Lebron

    Narrated by Timothy Andrés Pabon

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    About this audiobook

    Trading books generally break down into two categories: the ones which claim to teach you how to make money trading, and the memoir-style books recounting scandals and bad behavior. But the former don't have profitable trades to teach; if they did they'd keep those trades to themselves. And the latter are frequently entertaining, but they don't leave you with much you can apply in your own life. The Laws of Trading is different.

    All of our relationships and decisions involve trading at some level. This is a book about decision-making through the lens of a professional prop trader. For years, behavioral and cognitive scientists have shown us how human decision-making is flawed and biased. But how do you learn to avoid these problems in day-to-day decisions where you have to react in real-time? What are the important things to think about and to act on? The world needs a book by a prop trader who has lived, breathed, and taught trading for a living, drawing upon years of insights on the trading floor in real markets, good and bad, whether going sideways, crashing, or bubbling over. If you can master the decision-making skills needed to profitably trade in modern markets, you can master decision-making in all walks of life. This book will teach you exactly those skills.
    LanguageEnglish
    PublisherAscent Audio
    Release dateJul 30, 2019
    ISBN9781469074733

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    Reviews for The Laws of Trading

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    • 5/5
      One the of the best books that I have read about trading- I like how the book explains moat. In essence, moat is an advantage over the marginal investor which will probably not last because the market is competitive. So you need to keep changing and adapting. Also, the more complex the moat, the less likely it will last. I also like how the book teaches you to be diligent and observant and curious. You need to look for anomalies and see if you can make money out of it. The book has increased my trading abilities- Highly recommended.

      1 person found this helpful

    • 3/5
      Few chapters in the audio were really good others you can skip