Trading Realities teaches investors and traders the universal, basic principles that apply to every financial market: stocks, bonds, commodities, foreign exchange, futures, options, and beyond. Writing for beginners and experienced investors alike, successful trader and author Jeff Augen illuminates key issues that are often mentioned but rarely fully understood: issues such as leverage, liquidity, market trends, risk, valuation, interest rates, and the impact of news and events. Most important, he shows how to apply this knowledge to trade and invest far more profitably. Augen focuses on the massive forces that really move financial markets: the market dynamics that are fundamental to your success, regardless of your investment strategies or the asset classes you choose. You'll learn how to value markets in absolute terms (e.g. constant currency), rank investment vehicles according to risk; assess the real impact of leverage and the true meaning of trends; interpret the flow of money between markets; and much more. Augen shows how to identify and collect the information that matters most (and ignore the information that doesn't matter). Once you have the facts you need, you'll learn how to use those facts to gain a clear advantage: one that you can sustain through any market environment.

傑剋·奧格（Jefl Augen）現為個人投資者和財經類暢銷書作傢。他曾用十幾年的時間潛心研究並開發瞭一套獨特的集數據、程式買賣係統以及衍生證券定價的技術分析輔助軟件智能投資工具組閤。他開發瞭包括上百萬的計算機編碼，尤其是對股票的細微異常以及價格扭麯的研究很有造詣。

奧格先生在信息技術方麵有著超過25年的豐富經驗。作為IBM公司生命科學計算機業務的創建執行官，奧格先生確立的增長戰略曾為IBM公司帶來12億美元的新營業收入，並管理著龐大的風險資本投資組閤。在2002年到2005年期間，奧格先生曾任一傢名為TurboWorx的美國技術軟件公司的CEO，該公司是由耶魯大學計算機科學係的係主任創建的。奧格先生曾著有《每日交易期權》、《到期日期權交易》、《期權交易者的工作手冊》以及《期權交易中的波動率邊際》等書。目前他在紐約金融學院教授期權交易方麵的課程，並為《股票、期貨和期權》雜誌的周末專欄撰寫文章。