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.Evaluating directional, spread, option & quantitative trading strategies.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