The Laws of Trading

Praise for THE LAWS OF TRADING

"A fun and fascinating guide to the world of trading, ranging effortlessly from the fine details to the broad lessons we can all learn when we think like a trader."
—Tim??Harford, author of??The Undercover Economist??and??Fifty Things That Made the Modern Economy

"Do??we??need??another??book??about how to beat the stock market written by an arrogant trader? I sure don't. But, hey, wait, it turns out this is not about beating the market. Agustin Lebron is applying his experiences to actual real life, helping you with insights into how you can balance risk and reward, how to get to know yourself and your motivations. Entertainingly written as well as insightful."
—Dr. Paul Wilmott, creator of wilmott.com and the Certificate in Quantitative Finance

TRADING IS AT THE CORE OF THE MODERN WORLD, FROM FINANCE TO THE GIG ECONOMY. LEARN FROM A PROFESSIONAL TRADER HOW TO SEE YOUR DECISIONS AS TRADING EXCHANGES—DO MORE OF THE TRADES YOU WANT AND FEWER OF THE ONES YOU DON'T.

Trading is the act of buying and selling. Whenever you buy groceries, you are trading. Purchasing a car, ordering dinner, selling an item on eBay—all trades. Going to work is a trade, exchanging your labor for a wage. Trading is as old as civilization, and it's more ubiquitous today than ever. Unfortunately, accurate, reliable information on trading, particularly in financial markets, is hard to find. It's common for books on trading to try to sell you products and services.

The Laws of Trading is different. Its purpose is to teach specific mental skills that extend far beyond the trading floor to wherever rational decision-making is important.

Science tells us that human decision-making is flawed, biased, and irrational. Learn to avoid these problems in day-to-day decisions. React in real-time with the appropriate decision. Leverage your unique skills and knowledge. Make profitable trades in your personal, professional, and financial life. Think like a trader.