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Book Cover
E-book
Author Preda, Alex, 1960- author.

Title Noise : living and trading in electronic finance / Alex Preda
Published Chicago : The University of Chicago Press, 2017

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Description 1 online resource (1 volume)
Contents Introduction: the ethnography of noise in electronic finance -- Noise in financial markets -- How does one become a trader? -- Taking on the market: competitions and spectacle in trading -- Rituals and illusions of the trading screen -- Talk in trading, talk for trading, talk of trading: group communication in electronic markets -- Trading strategies -- The lives of traders -- Conclusion: bourgeois freedoms
Summary 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
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (EBSCO, viewed February 16, 2017)
Subject Online stockbrokers.
Electronic trading of securities.
Electronic trading of securities -- Psychological aspects
Investments -- Decision making
BUSINESS & ECONOMICS -- Finance.
Electronic trading of securities
Electronic trading of securities -- Psychological aspects
Investments -- Decision making
Online stockbrokers
Form Electronic book
ISBN 9780226427515
022642751X