Come Into My Trading Room

Subtitle:
A Complete Guide to Trading
Author:
Alexander Elder
Format:
Hardcover

Now:R566.95
eBucks:eB5670

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Come Into My Trading Room

Short description

Trader and author, Alexander Elder takes his readers beyond the three Ms (mind, method and money) of his international bestseller "Trading for a Living"; he now focuses on the overall management of a trader's money, time and strategy, covering everything from the fundamentals to new expert tools.

Long description

Come Into My Trading Room A Complete Guide to Trading You can become a successful trader. It has been done before, and it is being done right now, today, by people around the world. If you enjoy learning, if you are not scared of risk, if the rewards appeal to you, and if you are prepared to put in the work, you have a great project ahead of you. In Come Into My Trading Room: A Complete Guide to Trading, Dr. Alexander Elder takes you far beyond the three M's (Mind, Method, Money) of his international bestseller Trading for a Living. He teaches you to manage your money and time, as well as strategy, so that you can enter the markets with confidence and exit with profits. This essential book educates the novice and gives more power to the professional through expert advice, proven trading methods, and something entirely unique a visit to Dr. Elder's own trading room. You get to follow him through several actual trades, whose entries and exits illustrate many of the key concepts of this book. Come Into My Trading Room offers: A complete introduction to trading essentials An overview of trading psychology, both individual and mass psychology of the markets A practical overview of technical analysis, including new indicators and systems A step-by-step guide to risk control and money management Exact instructions for keeping records and organizing your time A visit to Dr. Elder's private trading room, reviewing several of his recent trades Be sure to work through the companion volume to this book Study Guide for Come Into My Trading Room before you risk a dollar in the markets. The Study Guide features 100 questions and answers and almost 50 charts to test your knowledge. Grade yourself to make sure you know enough about the nine key areas of trading. Work through eight case histories, select entry and exit points, and find out how well you understand what needs to be done in every trade. Use Dr. Elder's Study Guide to make sure that you can measure up to your competitors and surpass them. Come Into My Trading Room will help you master a new way of trading stocks, futures, options, and currencies. Unparalleled depth and a wide range of coverage give you the best chance to become the trader you've always wanted to be.

Product details

Publisher:
John Wiley & Sons
ISBN:
9780471225348
Publication date:
April 2002
Length:
235mm
Width:
157mm
Thickness:
27mm
Weight:
553g
Pages:
320
Illustrations:
Illustrated
Readership:
General; Tertiary education; Professional & scholarly
Illustrated:
Illustrated

Table of contents

  • Part I Financial trading for babes in the woods
  • invest? trade? gamble?
  • an intelligent investor
  • an intelligent trader
  • an intelligent gambler?
  • what markets to trade?
  • stocks
  • futures
  • options
  • the first steps the external barriers to success
  • getting your gear
  • analysis and trading
  • Part II The three Ms of successful trading
  • the disciplined trader
  • sleepwalking through the market
  • a remedy for self
  • destructiveness
  • the mature trader
  • method and technical analysis
  • basic charting
  • indicators and five bullets to a clip
  • trading
  • system testing
  • triple screen update
  • day
  • trading
  • the impulse system
  • market thermometer
  • exiting trades
  • choosing what to trade
  • money management formulas
  • no math illiterates
  • businessman's risk versus loss
  • the two per cent solution and protection from sharks
  • the six per cent rule and protection from piranhas
  • position sizing
  • money management steps
  • Part III Come into my trading room
  • the organized trader
  • trader as spreadsheet
  • the equity curve
  • trading diary
  • action plan
  • trading for a living
  • discipline and humility
  • have you got the time?
  • the decision
  • making tree
  • beginner, semi
  • pro, pro
  • going pro
  • excerpts from the diary
  • your next trade

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