The Complete Trading for a Living: The Legendary Approach to Trading with the Companion Study Guide (Leather Bound)

by Alexander Elder (Author)

Editorial Reviews

Product Description
Trading for a Living with Companion Study Guide (Specially Priced Leather Bound Edition)

The bestselling trading book of all time, Dr. Alexander Elder’s Trading for a Living is now bound with the companion Study Guide in a handsome leather edition no trader should be without.

Focusing on the three critical areas of Mind, Method, and Money, Dr. Elder helps professionals master new approaches to trading stocks, currencies, futures, and options. A clear understanding of the three M’s will help you discipline your Mind, master the best Methods for trading the markets, and manage Money in your trading accounts so that no string of losses can kick you out of the game.

Dr. Elder’s revolutionary Trading for a Living has won international acclaim and helped hundreds of thousands of traders bring their skills to new levels. The accompanying Study Guide for Trading for a Living adds more than 200 questions, charts, and assessments that pinpoint the reader’s strengths and weaknesses as a trader, and helps measure improvement and growth.

Now these two books are available together in one beautifully bound volume, worthy of a place of honor in every trader’s library.

Sold separately, Trading for a Living and the Study Guide retail for $120. Add them both to your business library at this special low price in this deluxe edition, available only to Amazon.com customers for a limited time.

About the Author
Alexander Elder, MD, is a professional trader, an expert in technical analysis, and a practicin g psychiatrist. He is the founder of Financial Trading Inc., a firm that provides intensive tra ding camps for traders worldwide. Dr. Elder's renowned works on trading have helped hundreds of thousands of traders around the world and been translated into nine languages. Dr. Elder's Web site is elder.com.

Product Details

• Leather Bound: 512 pages
• Publisher: Wiley (June 1, 2006)
• Language: English
• ISBN-10: 0470040947
• ISBN-13: 978-0470040942
• Product Dimensions: 9.1 x 6.4 x 1.4 inches
• Shipping Weight: 1.8 pounds
• Average Customer Review: 4.7 out of 5 stars See all reviews (18 customer reviews)
• Amazon.com Sales Rank: #74,989 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

27 of 28 people found the following review helpful:

5.0 out of 5 stars Use this book at least once a week, January 9, 2007

By	A. Kennedy "Adrian K" (USA) - See all my reviews (REAL NAME)

I am a forex trader and have been loking for a book that would give me information that not only focused on stock. Being an 80% technical analysis based trader, I really found the book to be useful. It really broke down the various technical indicators I already knew about, and introduced a few I had heard of before but wasn't really familiar with. Also I like the fact that Elder cites other trading books and a few non trading books. This is helpful if you want to know more about a certain topic. I think the books greatest strong point is the study guide. I helps you internalize how different candlestick patterns and other chart patterns, which really helps when you need to make decision quickly and accurately. I recommend this book for beginning traders or seasoned veterans alike. Its principles can be applied to any behicle you can trade with a chart (i.e. stocks, commodities, futures, and forex)

10 of 10 people found the following review helpful:

4.0 out of 5 stars A very useful step-by-step guide to trading, August 13, 2007

By	Y. D. MEDEIROS (RS, Brazil) - See all my reviews (REAL NAME)

This book is brilliant. Mr.Elder has a very clear and objective style of thinking and writing. He doesn't want to be a market guru. He reveals that there is no mistery, no magic, no secrets to become a professional trader. Everything is explained and cleared before starting the technical lessons. Individual and mass psychology, technical analysis, indicators, risk management (the best insight of the book).

I rated this 4 stars because I personally believe that Mr. Elder's book Come Into My Trading Room: A Complete Guide to Trading is better than this one. It took some years to him to write it and his on trading method has improved, althought it is still based on the triple-screen (described very deep on TRADING FOR A LIVING).

Hope it can be so useful to you as it is to me. I strongly recommend. It works for all markets.

19 of 22 people found the following review helpful:

4.0 out of 5 stars Review of:, August 14, 2007

By	Fred Hausman (Grand Rapids, MI) - See all my reviews (REAL NAME)

I generally agree with the previous reviews, however there is one major caveat I need to make, which is not necessarily a criticism of the book, but rather the information provided by the website where I purchased it. On Amazon.com, under the "Product Details" section, it lists "Publisher: Wiley (June 1, 2006)", giving one the impression it was originally published in 2006. However, the book itself shows the copyright date as 1993! There is a preface written by Dr. Elder in February 2006 included as part of the Special Edition, which may be where the confusion lies. I don't believe any other updates have been made to the main text. I purchased the book fully believing it was only a year old, and was a bit miffed to see the actual copyright date.

While I feel the technical analysis described in detail by Dr. Elder is still valid, the book shows its age in Chapter 4-Computerized Technical Analysis. One quote states: "A computer helps you process more information". (Really, tell me more about these computers, did you call them?) He also seems a bit archaic when he suggests that you can use pencil and graph paper to calculate and record your own moving averages. How quaint.

Again, this is only a minor distraction from a good, thorough review of technical analysis (and not really Dr. Elder's fault), but for those looking for current, computer-based, short-term-trading strategies, you may wish to buy something more updated, using Dr. Elder's book as more of a general reference.