An edition of Noise (2017)

Noise

living and trading in electronic finance

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Last edited by ImportBot
February 11, 2023 | History
An edition of Noise (2017)

Noise

living and trading in electronic finance

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. --

Publish Date
Language
English
Pages
271

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Edition Availability
Cover of: Noise
Noise: living and trading in electronic finance
2017, University of Chicago Press
in English

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Book Details


Table of 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.

Edition Notes

Includes bibliographical references (pages 253-265) and index.

Classifications

Dewey Decimal Class
332.640285/4678
Library of Congress
HG4621 .P74 2017, HG4621.P74 2017

The Physical Object

Pagination
271 pages
Number of pages
271

ID Numbers

Open Library
OL26964823M
ISBN 10
022642734X, 022642748X
ISBN 13
9780226427348, 9780226427485
LCCN
2016022228
OCLC/WorldCat
950202795

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
February 11, 2023 Edited by ImportBot import existing book
September 20, 2021 Edited by ImportBot import existing book
August 24, 2020 Edited by ImportBot import existing book
August 24, 2020 Edited by ImportBot import existing book
May 24, 2019 Created by MARC Bot Imported from marc_openlibraries_sanfranciscopubliclibrary MARC record