Study Guide for Come Into My Trading Room: A Complete Guide to Trading [Paperback]

Alexander Elder (Author)

Book Description

Publication Date: April 24, 2002 | ISBN-10: 0471225401 | ISBN-13: 978-0471225409 | Edition: Study Guide

The trading bible for the new millennium

In Come Into My Trading Room, noted trader and author Dr. Alexander Elder returns to expand far beyond the three M's (Mind, Method, and Money) of his bestselling Trading for a Living. Shifting focus from technical analysis to the overall management of a trader's money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader--identifying new, little known indicators that can lead to huge profits.

Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M's, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization—with the goal of turning anyone into a complete and successful trader.

By showing traders how to combine the elements of mind, method, and money, Come Into My Trading Room gives readers the knowledge and insight to enter the market with confidence and exit with profits. Unparalleled depth and a wide range of coverage will keep all levels of traders engaged, informed, and returning to Come Into My Trading Room again and again.

Dr. Alexander Elder (New York, NY) is a professional trader, technical analysis expert, and practicing psychiatrist. He is the founder of Financial Trading Inc., providing intensive trading camps to traders all over the world. Elder's first book Trading for a Living (Wiley: 0471592242) and the companion study guide have sold over 160,000 copies.

Editorial Reviews

From the Back Cover

STUDY GUIDE FOR Come Into My Trading Room
A Complete Guide to Trading

You can read Come Into My Trading Room: A Complete Guide to Trading in a few days, but you cannot expect to master every aspect of that invaluable book until you work through it. Study Guide for Come Into My Trading Room: A Complete Guide to Trading will help you learn the profitable methods and techniques of Come Into My Trading Room before risking a dollar in the markets.

Study Guide for Come Into My Trading Room: A Complete Guide to Trading parallels the actual book, challenging you at every step with questions that make you focus on all the important areas of trading. Some tests are pencil-and-paper, others have you work with charts, but all prepare you to make crucial decisions.

This Study Guide will:

• Quiz you on the essentials of trading–choosing the markets to trade, finding holes in the Efficient Market Theory, and overcoming common obstacles to success
• Make you aware of psychological blind spots that lead to losing
• Test your knowledge of charting and computerized indicators
• Explore trading systems, day-trading, and advanced concepts, such as Impulse trading and SafeZone stops
• Ask questions about money management, record-keeping, and managing time
• Challenge you with eight case studies where you choose entry and exit points and get graded for your performance

The best trading strategies, techniques, and tools are only as good as your understanding of them. Pick up this Study Guide for Come Into My Trading Room: A Complete Guide to Trading and convert Dr. Elder’s methods into your own powerful and profitable tools.

About the Author

ALEXANDER ELDER, MD, is a professional trader, an expert in technical analysis, and a practicing psychiatrist. He is the founder of Financial Trading Inc., a firm that provides intensive trading camps for traders worldwide. Dr. Elder's first book, Trading for a Living, and its companion Study Guide have sold over 160,000 copies. Dr. Elder's Web site is www.elder.com

Product Details

• Paperback: 208 pages
• Publisher: Wiley; Study Guide edition (April 24, 2002)
• Language: English
• ISBN-10: 0471225401
• ISBN-13: 978-0471225409
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 10.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (12 customer reviews)
• Amazon Best Sellers Rank: #62,759 in Books (See Top 100 in Books)

More About the Author

Alexander Elder, M.D., is a professional trader, based in New York. He is the author of several best-selling books: Trading for a Living, Come into My Trading Room, Entries & Exits, and Sell and Sell Short (all with Study Guides). He also wrote Straying from the Flock: Travels in New Zealand. Dr. Elder taught psychiatry at Columbia University. His experience provides him with unique insight into psychology of trading.

Dr. Elder is a sought-after speaker at conferences and the originator of Traders' Camps - week-long classes for traders. He is the founder and co-director of SpikeTrade - a trading website.

Customer Reviews

Most Helpful Customer Reviews

33 of 34 people found the following review helpful:

3.0 out of 5 stars May help some people, September 28, 2003

By 

Charles Miller (San Jose, CA USA) - See all my reviews
(REAL NAME)   

This review is from: Study Guide for Come Into My Trading Room: A Complete Guide to Trading (Paperback)

Like Elder's first study guide, whether this will help you or not depends on your learning style. If you don't trust that you know something until you've taken a test, this book can help. It does an excellent job of pulling out the key topics and quizzing you on them. There are no 'silly' questions here--only the important stuff. On the other hand, if you like to read and underline, then return to the text when you are actually 'doing' the activity, then this book is probably a waste of money. One nit complaint: some of the labeling of chart features is a bit unclear. Since it is sometimes tough to tell which letter goes with which feature, answering some questions is difficult, even when you know the material.

14 of 14 people found the following review helpful:

5.0 out of 5 stars It is time to study, February 10, 2007

By 

Steve Burns (Nashville, TN) - See all my reviews
(VINE VOICE)    (TOP 500 REVIEWER)   

This review is from: Study Guide for Come Into My Trading Room: A Complete Guide to Trading (Paperback)

If you have read "Come into my trading room" by Dr. Elder then this is a must have. It will enable you to test yourself and ensure that you understand the lessons presented in the book. I am a successful investor who aspires to trade for a living.(I have returned over 24% for the past 4 years). I have read over 40 books on trading and Dr. Elder's books are in a league of there own for being easy to understand and implement. He brings all essential disciplines that are needed together in one place. In this study guide you will be quizzed on mental discipline, basic charting, indicators, trading, day trading, advanced concepts, money management, and being organized. I have read all of his books and was shocked at how much I still didn't get. Buy it, use it, master it, you will be rewarded in the markets if you are a good student.

21 of 23 people found the following review helpful:

5.0 out of 5 stars Camp Training to Win the Battle, December 27, 2002

By 

A. Petrotchenkov (Moscow, Russia) - See all my reviews
(REAL NAME)   

This review is from: Study Guide for Come Into My Trading Room: A Complete Guide to Trading (Paperback)

"Study Guide" parallels the book "Come Into My Trading Room: A Complete Guide to Trading" by Dr Elder. This second book challenging you at every step with questions that make you focus on all the important areas of trading. The best trading strategies, techniques, and tools are only as good as you understand them and use them. So this study book is very practical. Buy this book together with "Come Into My Trading Room" and take your time as you go through the questions and exercises. Only camp-trained soldier may survive the battle and come back alive and victorious.

I highly recommend the book to those who wants to improve the quality of their trading.

Alexander Petrochenkov