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.
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.
Inhoudsopgave
Dedication ivIntroduction 1
How This Book Is Organized 2
Male Or Female? 4
Part One Financial Trading for Babes in the Woods 5
1 Invest? Trade? Gamble? 7
An Intelligent Investor 7
An Intelligent Trader 8
An Intelligent Gambler? 12
2 What Markets to Trade? 15
Stocks 16
Futures 18
Options 20
3 The First Steps 25
The External Barriers to Success 25
Getting Your Gear 32
Analysis and Trading 39
Part Two The Three M’S of Successful Trading 45
4 Mind–The Disciplined Trader 47
Sleepwalking Through the Market 49
A Remedy for Self-destructiveness 54
The Mature Trader 61
5 Method–Technical Analysis 67
Basic Charting 68
Indicators–Five Bullets to a Clip 84
6 Trading 123
System Testing 125
Triple Screen Update 128
Day-trading 138
The Impulse System 157
Market Thermometer 162
Exiting Trades 165
Choosing What to Trade 183
7 Money Management Formulas 215
No Math Illiterates 217
Businessman’s Risk vs. Loss. 218
The 2% Solution–Protection From Sharks 220
The 6% Rule–Protection From Piranhas 223
Position Sizing 227
Money Management Steps 230
Part Three Come Into My Trading Room 233
8 The Organized Trader 235
Trader’s Spreadsheet 236
The Equity Curve 238
Trading Diary 240
Action Plan 242
9 Trading for a Living 245
Discipline and Humility 247
Have You Got the Time? 251
The Decision-making Tree 257
Beginner, Semipro, Pro 264
Going Pro 267
10 Come Into My Trading Room 271
Excerpts From the Diary 273
Your Next Trade 298
Acknowledgments 301
Sources 303
Index 307
About the Author 313
Over de auteur
ALEXANDER ELDER, MD, is a professional trader, an expertin technical analysis, and a practicing psychiatrist. He is the
founder of Financial Trading Inc., a firm that provides intensive
trading camps for traders worldwide. Dr. Elder’s first book,
Trading for a Living, and its companion Study Guide
have sold over 160, 000 copies in English and were translated into
nine languages. Dr. Elder’s Web site is www.elder.com.
Taal Engels ● Formaat PDF ● Pagina’s 320 ● ISBN 9780471273820 ● Bestandsgrootte 3.7 MB ● Uitgeverij John Wiley & Sons ● Gepubliceerd 2002 ● Editie 1 ● Downloadbare 24 maanden ● Valuta EUR ● ID 2327839 ● Kopieerbeveiliging Adobe DRM
Vereist een DRM-compatibele e-boeklezer