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Book - Product Information
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
Rating: 4.5/5 Stars
Rank: 2298
Soviet-born author and practicing psychiatrist Elder (director, Financial
Trading Seminars, Inc.) shares his learning over the years as a
professional trader and expert in technical analysis and his principle of
understanding the three Ms (Mind, Method, Money), which will strengthen
the discipline required to be successful in trading.
He explores crucial
factors in the markets that most experts overlook, including time, volume,
and open interest, and describes little-known indicators to track them
profitably.
In addition, he covers many of the more technical approaches
to investing in futures, such as factoring in the meaning from the Elliott
Wave, oscillators, moving averages, Market Logic, and point-and-figure
charting.
His unique viewpoints in this overly saturated genre explain his
particular view that most traders sabotage themselves, while offering tips
for others to avoid doing the same.
The narration by Richard Davidson
soundly guides the listener through this highly specialized work that,
although first published seven years ago, remains recommended for
university libraries supporting a finance and business curriculum.DDale
Farris, Groves, TX Copyright 2001 Reed Business Information,
Inc.--This text refers to the
Audio CD
edition.
About the AuthorALEXANDER ELDER, MD, was born in Leningrad and grew up in Estonia where he
entered medical school at the age of 16.
At 23, while working as a
ships doctor, he escaped from a Soviet ship in Africa and received
political asylum in the U.S.A.
He continued to work as a psychiatrist in
New York City, served as book editor of The Psychiatric Times, and taught
at Columbia University.
After becoming involved in financial trading, Dr.
Elder published over 50 articles, software, and book reviews, and spoke at
many conferences.
In 1988 he founded Financial Trading Seminars, Inc., an
educational firm for traders.
Editorials
Sample 3 of 6
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | From Library Journal | | Soviet-born author and practicing psychiatrist Elder (director, Financial
Trading Seminars, Inc.) shares his learning over the years as a
professional trader and expert in technical analysis and his principle... read full editorial |
![]() | | | Book Description | | Trading for a Living Successful trading is based on three Ms: Mind,
Method, and Money. Trading for a Living helps you master all of those
three areas:How to become a cool, calm, and collected
traderHow to profit from... read full editorial |
![]() | | | The publisher, John Wiley & Sons | | 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... read full editorial |
Customer Reviews
Sample 3 of 51
Trading for a Living: Psychology, Trading Tactics, Money Management
Alexander Elder
![]() | | | If you are halfway from an amateur to a pro, it's for you | | April 6, 2003 - 5.0/5 stars | | If somebody bought, read and judged the book by whether it could really
help him or her to go "trading for a living", that somebody would
definitely be disappointed. Even the author himself pointed out that the
success rate... read full review |
![]() | | | Disappointing | | (Santa Cruz, CA United States) July 30, 2004 - 3.0/5 stars | | Elder's "Trading for a Living" is a much-acclaimed tome on, well,
trading. He covers the three pillars of the trading profession- psychology
(attitude), technical analysis, and money management- adequately,... read full review |
![]() | | | BUY Market WIZARDS INSTEAD!! | | (Brooklyn, ny United States) April 22, 2003 - 2.0/5 stars | | Market Wizards are the books you want to read. I read the 2 market wizard
books 1st then read this book. The wizards books if full of the most
fascinating, hard to EVER put down reading I have ever done. They have
taught... read full review |
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