Trader Construction Kit is a comprehensive resource for undergraduate, MBA and Masters of Finance students interested in a career with a bank, hedge fund or financial institution and is a practical guide to developing the skills and techniques employed by professional traders, including:
Fundamentally and technically analyzing a market.
Assessing the volatility and risk characteristics of the market.
Developing a view, an actionable perspective on the future of price.
Weighing the inherent risk and reward in potential positions.
Efficiently executing trades and managing the resulting exposures.
Pricing and hedging structured transactions.
Additional chapters describe how:
The evolutionary state of a market shapes the activities of its inhabitants.
The role of a trader varies at different types of financial institutions.
A trader's personality forms an integral part of their approach to the market.
To survive and thrive on a trading floor.
Trader Construction Kit contains a highly detailed case study that applies the lessons learned in each chapter, providing structure and creating continuity through the text. The updated second edition includes a new 23 page appendix introducing important concepts from data science & programmin
