Rating: 4.5/5 Stars
Rank: 1252

A lot of the material in this book was presented in Trading for a Living.

Price-MACD histogram divergences are still one of the strongest signals. The triple screen trading method was discussed (but now uses a moving average instead of weekly-histogram.) Force Index is still used to define entry points.

So, there was a lot of ground covered that appeared in Trading for a Living.

Having said that, I must also say that some new things are introduced. The Chandelier method of stops has already replaced my ATR stop method. He introduces a new way to enter a trade, the "Impulse Method." (Appears to trade a lot so one might be better of with a discount broker using this one.) And he does expand his discussion on money management from the first book --which is good.

Am I glad I bought this book? Yes. I was like revisiting an old friend. Glad to see him again and know that they are still alive.

For those who have not yet read anything from Dr. Elder, I would suggest you get Trading for a Living and its workbook.

Ton of stuff there and will teach you how to trade using multiple time frames, -- something few authors discuss.

After that, use some of your profits and buy this book to thank Dr. Elder for writing the first one.

Customer Reviews

39.	Very Good, But Not as Good as "Trading for a Living"
	(Santa Clara, CA United States) October 2, 2002 - 4.0/5 stars
	This book covers all the basics of trading, from selecting which market(s) you are going to trade, to deciding on your trading timeframe, to picking entries and exits, and finally to money management and psychology... read full review
Current Review
40.	Good, But Somewhat Disappointing
	(Eleanor, WV United States) May 7, 2002 - 3.0/5 stars
	Dr. Elders first book, "Trading for a Living" made a significant impact one me. I must have 10 "throw away" trading books for each of the 10-12 key books that have had most influence on me and that I keep close... read full review
41.	Doesn't practice what he preaches
	(London, UK) December 21, 2003 - 3.0/5 stars
	I must agree with the previous reviewer (pkrider).Mr Elder spends a lot of time laying out the seemingly robust tenets of sound trading, only to blow his credibility in the last chapter, which reviews actual trades.To spend... read full review

Editorials

	Book Description
	The trading bible for the new millennium In A Complete Book of Trading, 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... read full editorial
	Book Info
	Offers a complete introduction to trading essentials and an overview of trading psychology, both individual and mass psychology of the markets. Provides a step by step guide to risk control and money management.
	From the Inside Flap
	How long will it take you to become a competent trader and how much will it cost? What markets should you trade and how much can you expect to make? What rules should you set, what methods should you use, how should... read full editorial

Top 10 Best Selling Money-Employment Book Categories

General	Almanacs	Banks & Banking	Bonds
Budgeting	Career Guides	Commodities	Computer Industry
Corporate Finance	Entrepreneurship	Finance & Investing	Foreign Exchange
Futures	Inflation	Interest Rates	Interviewing
Investing	Job Hunting	Mutual Funds	Real Estate
Resumes	Stock Options	Stocks	Vocational Guidance
Volunteering