What is Reddit's opinion of Trading and Exchanges: Market Microstructure for Practitioners (Financial Management Association Survey & Synthesis)?

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Let's say that the dev. has read

https://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708

cover to cover (like I have many years ago): then what?

which market/asset do you recommend for the quickest way to their hands "dirty"?

i am sure you would not recommend they pay USD 5000/m for the NYSE openbook ultra feed and start playing with that at home.

http://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708/ref=sr_1_1?ie=UTF8&qid=1458847184&sr=8-1&keywords=market+microstructure+tradings

Is probably a good starting point. I don't have anything like flash boys unfortunately thats an easy read.

http://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708

Although a little old (and arguably outdated), I read this casually over the summer and found it insightful for getting a better understanding of how the markets function.

He never interviewed the opposing side. Much of the "damning evidence" of "market manipulation" can be explained by Trading and Exchanges published in 2002. Even if he couldn't find an insider, there are those that publicly support HFT that could've been included.

There are bad eggs out there but characterizing an entire industry that has provided benefits is just gross negligence on Lewis' part.

http://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708

The markets are complex. I recommend this book to everyone I dislike.

The best textbook I've read about the basics is Trading and Exchanges by Harris. It addresses why markets exists, how they function, who the participants are and their respective goals. Furthermore it does a fantastic job explaining market microstructure which is a necessity for developing a profitable, execution sensitive algorithmic trading system.

If you are interested in derivatives, Hull's Options, Futures, and Other Derivatives is an excellent mathematically rigorous guide to those products.

I guess understanding of market valuation and then market microstructure.

https://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708

If you're a practitioner or academic, I recommend Trading and Exchanges by Larry Harris (USC). Joel Hasbrouck (NYU) also has a great set of lecture notes for his course, Securities Trading: Principles and Procedures. Finally, Eugene White at Rutgers has written extensively about the history of equities trading; his papers would be a great place to dive in.

For lighter reading, I don't have great recommendations for equities. On the derivatives side, I recommend The Futures by Emily Lambert and Zero-Sum Game by Erika Olson.

The keywords you're looking for are "market microstructure".

Take a glance at this: http://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708/ref=sr_1_2?ie=UTF8&qid=1444684078&sr=8-2&keywords=market+microstructure (though outdated, it probably gives a decent overview)

and this for updates:

http://www.amazon.com/Science-Algorithmic-Trading-Portfolio-Management-ebook/dp/B00FQRWQMW/ref=sr_1_12?ie=UTF8&qid=1444684261&sr=8-12&keywords=market+microstructure&refinements=p_72%3A2661618011#customerReviews

Googling around will give you a wealth of resources.

Those books but not Trading and Exchanges?

That would actually be a high frequency trader. Traders buying and selling help provide liquidity - ie the ability of others to buy and sell as they want. There are many books about how markets and trading actually work. My favourite is Trading and Exchanges.

Your snide comment is mainly a distaste for what is known as front running. It is illegal.

read this book: http://www.amazon.com/Trading-Exchanges-Market-Microstructure-Practitioners/dp/0195144708

then talk about the market.

Around 20 or so. I think Harris' Trading & Exchanges is one of the best that I read in the beginning, if that's what you're looking for.

I don't trade off candlestick patterns.