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Trading for a Living

Psychology, Trading Tactics, Money Management

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Trading for a Living

By: Alexander Elder
Narrated by: Richard Davison
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Summary

 A hundred-thousand investors have turned to this best-selling guide for mastering successful trading by Dr. Alexander Elder, a professional trader, a world-classs expert in technical analysis, and a practicing psychiatrist. He believes that successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps discipline your Mind, shows you the Methods for trading the markets, and show you have to manage Money in your trading accounts.

Trading for a Living will help you master:

  • Individual pyschology: How to become a disciplined trader
  • Mass psychology: Know when to join the crowd and when to leave it
  • Classical charting: Identify support and resistance, place stops
  • The neglected essentials: Read volume, open interest, and time cycles
  • Psychological indicators: Profit from contrary opinion theory
  • Trading systems: Learn about the Triple Screen trading system
  • Risk management: All about stops and profit targets
    • ©1993 Alexander Elder (P)2000 Penton Overseas, Inc.     Investing & Trading Personal Finance Investing Money Stock Elder Trading
    All stars
    Most relevant
    This is a short and sweet intro to day trading. It covers all the important points and is very easy to listen to.

    short and sweet

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    intelligent author describes in conscience detail how to effectively develop a trading strategy. had to listen several times to fully understand what was being said, obviously not for beginners as requires a good deal of existing knowledge to understand content. but definitely recommend for traders.

    worthwhile

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    I have the hard copy of this book, which has a lot more explanation of the key points with charts and tables and so on. However, this version explains the psychology behind how markets work and the opportunities that arise in a more general way that is very useful to recap the knowledge in the book version. Also, tables of information work very badly in audible books, as they are designed to be glanced at to see patterns rather than spelled out in grinding detail as they are in some other technical audio books, so omitting them and using explanatory words instead is helpful. Although short, the information is very dense so it merits re-listening, and is reasonable value. Alexander Elder is one of the few people whose trading books are worth reading, mainly because he is an actual trader, not a theorist.

    Good solid trading psychology information.

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    Consolidated the info I learned on a recent trading seminar. Will listen to it again.

    Very good

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    I have found this audiobook to be straight to the point and easy to understand. It really opened my eyes to the world of trading for a living. I highly recommend this audiobook.

    To The Point

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