This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pink sheets. Also covered are single price auctions, open outcry auctions, and brokered markets limit orders, market orders, and stop orders. The book also covers insider trading, scalping, and bluffing, and investing, speculating, and gambling.