Trading for a Living: Psychology, Trading Tactics, Money Management by Alexander Elder (Hardcover, 1993)

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First, you will see that the key to winning is inside your Mind. Second, you will learn how to find good trades by using charts, computerized indicators, and other tools. Finally, you will learn how to manage Money in your trading account.

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Product Information

Trading for a Living Successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps you master all of those three areas: * How to become a cool, calm, and collected trader * How to profit from reading the behavior of the market crowd * How to use a computer to find good trades * How to develop a powerful trading system * How to find the trades with the best odds of success * How to find entry and exit points, set stops, and take profits Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game. To help you profit even more from the ideas in Trading for a Living, look for the companion volume--Study Guide for Trading for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example: Question Markets rise when * there are more buyers than sellers * buyers are more aggressive than sellers * sellers are afraid and demand a premium * more shares or contracts are bought than sold * I and II * II and III * II and IV * III and IV Answer B. II and III. Every change in price reflects what happens in the battle between bulls and bears. Markets rise when bulls feel more strongly than bears. They rally when buyers are confident and sellers demand a premium for participating in the game that is going against them. There is a buyer and a seller behind every transaction. The number of stocks or futures bought and sold is equal by definition.

Product Identifiers

PublisherJohn Wiley & Sons Inc
ISBN-139780471592242
eBay Product ID (ePID)96561739

Product Key Features

Number of Pages304 Pages
LanguageEnglish
Publication NameTrading for a Living: Psychology, Trading Tactics, Money Management
Publication Year1993
SubjectFinance
TypeTextbook
AuthorAlexander Elder
FormatHardcover

Dimensions

Item Height238 mm
Item Weight554 g
Item Width169 mm

Additional Product Features

Country/Region of ManufactureUnited States
Title_AuthorAlexander Elder
Series TitleWiley Finance
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