What does a market price really tell you-and what does it leave out?Most books about financial markets begin with what to buy, when to enter, or how much money can be made. Beyond Price begins with more fundamental questions: What are you actually buying? How is a price formed? Where does risk come from? And how can decisions remain coherent when the future is uncertain?Across 47 chapters, Paul-Adrian Rotaru builds a structured map of the financial markets, connecting the institutions, instruments, behavior, and analytical methods that are too often studied separately.
Inside this book, you will explore:. stocks, bonds, ETFs, indexes, derivatives, and other asset classes . exchanges, brokers, custodians, regulators, and the life cycle of an order . price discovery, order flow, liquidity, spreads, slippage, and market makers . financial statements, business quality, valuation, and the economic cycle . charts, market structure, technical indicators, and multi-time-frame analysis .
investing, speculation, trading, leverage, and short selling . psychology, narratives, bubbles, manipulation, and decision-making errors . probability, drawdown, position sizing, diversification, and capital management . backtesting, overfitting, robustness, and strategy validation . financial crises, market history, technology, automation, and artificial intelligenceThis is not a book of signals, secret formulas, or promises of effortless profit.
It is a book about mechanisms, evidence, probability, risk, and disciplined thinking. Beyond Price is written for beginning investors who want a serious foundation, as well as for experienced investors and traders who want to connect fragmented knowledge into a coherent framework. The objective is not to make the future certain. It is to make better decisions while uncertainty remains.
What does a market price really tell you-and what does it leave out?Most books about financial markets begin with what to buy, when to enter, or how much money can be made. Beyond Price begins with more fundamental questions: What are you actually buying? How is a price formed? Where does risk come from? And how can decisions remain coherent when the future is uncertain?Across 47 chapters, Paul-Adrian Rotaru builds a structured map of the financial markets, connecting the institutions, instruments, behavior, and analytical methods that are too often studied separately.
Inside this book, you will explore:. stocks, bonds, ETFs, indexes, derivatives, and other asset classes . exchanges, brokers, custodians, regulators, and the life cycle of an order . price discovery, order flow, liquidity, spreads, slippage, and market makers . financial statements, business quality, valuation, and the economic cycle . charts, market structure, technical indicators, and multi-time-frame analysis .
investing, speculation, trading, leverage, and short selling . psychology, narratives, bubbles, manipulation, and decision-making errors . probability, drawdown, position sizing, diversification, and capital management . backtesting, overfitting, robustness, and strategy validation . financial crises, market history, technology, automation, and artificial intelligenceThis is not a book of signals, secret formulas, or promises of effortless profit.
It is a book about mechanisms, evidence, probability, risk, and disciplined thinking. Beyond Price is written for beginning investors who want a serious foundation, as well as for experienced investors and traders who want to connect fragmented knowledge into a coherent framework. The objective is not to make the future certain. It is to make better decisions while uncertainty remains.