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Description of Trading Sex & Dying

'Game theory is hot' says the Wall Street Journal. and many of today's most successful traders are using it to make crucial - more profitable - buying and selling decisions. Virtually every trader profiled in The New Market Wizards uses poker or blackjack strategies in their own trading. And game theory came of age in 1994, when three economists received the Nobel Prize in economics for applying techniques from games like poker as a tool for economic analysts.

What makes these Super Traders and financial experts market winners? They know there's little difference between strategies used to win poker - and those needed to win in the markets.

Now, one of the most influential books on game theory has been updated and adapted exclusively for traders, with an in-depth new foreword by options pro, Dave Caplan.

You'll learn how to boost trading profits by:

Varying your bet (position) size

Trading only when the markets 'give you a good hand', or opportunity such as a favorable trend, price disparity or option volatility level.

Evaluating your 'hand' or probability of success o a trade

Considering the risk/reward on a trade

Writing options to function like a casino operator - or 'trade like a bookie'

Title Information

ISBN:

9781883272241

Pages:

285 pages

Format:

Paperback

Product Code:

9966

Publisher:

Marketplace Books

Published:

30/11/-0001

Edition:

1st Edition

Press and Industry Reviews

'One of the most influential works I have read, providing keen insights on trading - shows that professional gamblers' philosophies are no different than those of a successful trader.'
Dave Caplan

'In poker, if you only played the hands in which the odds were in your favour and folded when they were not, you would end up winning more times than you lost. Just like poker, when you have you know which hands to bet on, in trading, you have to know when the odds are in your favour.'
'Trader Vic' Sperandeo

'The market is like a giant poker game and you have to pay very close attention to the skill level of your opponents. If your skills are only average, but you play against weak opponents, you are going to win.'
Jeff Yask, New Market Wizards

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Contents of Trading Sex & Dying

Foreword

Gamblers I've known

Welcome

Introduction

In the Beginning

The Adventurer

The Aggressive

The Co-Dependent

The Eccentric

The Emotional

The I-Dominant

The Loner

The Masochist

The Reflective

The Theatrical

The Underachiever

The Vigilant

The Worker Moralist

In the End