Trading In Uncertainty

Download or read book Uncertainty and Expectation written by Gerald Ashley and published by John Wiley & Sons. This book was released on 2005-08-05 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this entertaining and thoughtful book, Gerald Ashley sets out to explain what trading is, and lays out a modus operandi for being a trader and investor. He draws upon market anecdotes and examples from the past, seeking to debunk many myths surrounding financial markets, and to try and make the reader understand the real processes, risks and rewards that drive investment. In particular he examines ideas in market and individual investor behaviour, and questions the usefulness of many of todays standard investment techniques including benchmarks, charts, analysts and 'gurus'. He also lays out simple precepts for understanding investment risk and suggests ideas for managing your investments in today's markets.