Trading for a Living: Psychology, Trading Tactics, Money Management 1st Edition

4.4 out of 5 stars 341 ratings
ISBN-13: 978-0471592242
ISBN-10: 0471592242
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Condition: Used: Good
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Editorial Reviews

From the Publisher

An eminent futures trader explores crucial factors in the markets that most experts overlook--time, volume and open interest--and describes little-known indicators to profitably track them. Covers all the popular technical approaches to futures, options and stock markets including Elliott Wave, oscillators, moving averages, Market Logic, point-and-figure charting. Explains why most traders sabotage themselves and how to avoid doing the same.

From the Inside Flap

You have just taken a big step away from the crowd of amateurs. By opening Trading for a Living, you&#146;ve resolved to become a successful trader. Dr. Alexander Elder is a professional trader, a world-class expert in technical analysis, and a practicing psychiatrist. He believes that successful trading is based on three M&#146;s: Mind, Method, and Money. First, you will see that the key to winning is inside your Mind. You will find out how to develop discipline and how to avoid the traps of emotional trading. Second, you will learn how to find good trades by using charts, computerized indicators, and other tools. You will discover how to combine several analytic Methods into a powerful trading system. Finally, you will learn how to manage Money in your trading account. The rules for limiting risks are as vital to a trader as a safety net is to a high-wire walker. With this book, you are on your way to mastering a new way of trading stocks, futures, currencies, and options. Dr. Alexander Elder helps you embark on an intense pursuit&#151;trading for a living.

Product details

  • Item Weight : 1.19 pounds
  • ISBN-10 : 0471592242
  • ISBN-13 : 978-0471592242
  • Product Dimensions : 6.3 x 1.2 x 9.1 inches
  • Publisher : Wiley; 1st Edition (March 8, 1993)
  • Language: : English
  • Customer Reviews:
    4.4 out of 5 stars 341 ratings
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