Alexander Elder 
Come Into My Trading Room 
A Complete Guide to Trading

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.

Tabela de Conteúdo

Dedication iv

Introduction 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

Sobre o autor

ALEXANDER ELDER, MD, is a professional trader, an expert
in 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.