Author: Elder, Alexander
Brand: Wiley
Color: Multicolor
Edition: 1
Binding: Hardcover
Number Of Pages: 313
Release Date: 19-04-2002
Part Number: 9780471225348
Details: Product Description The trading bible for the new millennium In Come Into My Trading Room, 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 a Living. Shifting focus from technical analysis to the overall management of a trader's money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader--identifying new, little known indicators that can lead to huge profits. Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M's, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization—with the goal of turning anyone into a complete and successful trader. By showing traders how to combine the elements of mind, method, and money, Come Into My Trading Room gives readers the knowledge and insight to enter the market with confidence and exit with profits. Unparalleled depth and a wide range of coverage will keep all levels of traders engaged, informed, and returning to Come Into My Trading Room again and again. Dr. Alexander Elder (New York, NY) is a professional trader, technical analysis expert, and practicing psychiatrist. He is the founder of Financial Trading Inc., providing intensive trading camps to traders all over the world. Elder's first book Trading for a Living (Wiley: 0471592242) and the companion study guide have sold over 160,000 copies. 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 you split your trading capital? If these questions interest you, you picked the right book. Written by a professional trader, an expert in technical analysis, and a practicing psychiatrist, Come Into My Trading Room: A Complete Guide to Trading comes out nine years after Dr. Alexander Elder's international bestseller Trading for a Living, reflecting his latest discoveries and concepts. Come Into My Trading Room opens with a brief primeraptly named Financial Trading for Babes in the Woodsaimed at newcomers, but containing important information for experienced traders. It clarifies topics whose mastery is essential for everyone: what markets to trade, how to interpret financial theories, and how to handle common barriers to success. Moving up from the basics to the heart and soul of Dr. Elder's methods, Come Into My Trading Room teaches the three key aspects of tradingMind, Method, and Money. First, you see that the key to winning is in your minddiscipline. Then you learn how to find the best trades and make the most efficient entry and exit decisions. Dr. Elder shares his favorite analytic tools and covers system testing, day-trading, as well as longer-term swing trading, his new Impulse trading system, and a new SafeZone method for placing stops. These methods will allow you to trade with a high level of confidence in any marketstocks, futures, options, or currencies. Moving beyond technical analysis, Dr. Elder teaches you the rules of money management that are essential for your survival and success. He shows how to structure your account like a submarine, divided into many compartments, so that it won't sink if one section becomes flooded. The next section of this comprehensive trading guideThe Organized Tradertakes you where no trading book has ever gone before. It teaches you how to organize your time and effort. You learn to select markets and design a decision-maki
EAN: 9780471225348
Package Dimensions: 9.2 x 6.3 x 1.1 inches
Languages: English