Trading for a
Living
by Alexander
Elder
     
 
Trading for a Living
by Dr. Alexander Elder
From the Inside
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You have just taken a big step away from the
crowd of amateurs. By opening Trading for a Living, you’ve
resolved to become a successful trader. Dr. Alexander Elder is
a professional trader, a world-class expert in technical
analysis, and a practicing psychiatrist. He believes that
successful trading is based on three M’s: Mind, Method, and
Money. First, you will see that the key to winning is inside
your Mind. You will find out how to develop discipline and how
to avoid the traps of emotional trading. Second, you will learn
how to find good trades by using charts, computerized
indicators, and other tools. You will discover how to combine
several analytic Methods into a powerful trading system.
Finally, you will learn how to manage Money in your trading
account. The rules for limiting risks are as vital to a trader
as a safety net is to a high-wire walker. With this book, you
are on your way to mastering a new way of trading stocks,
futures, currencies, and options. Dr. Alexander Elder helps you
embark on an intense pursuit—trading for a living.
About the Author
ALEXANDER ELDER, MD, was born in Leningrad and grew up in
Estonia where he entered medical school at the age of 16. At
23, while working as a ship’s doctor, he escaped from a Soviet
ship in Africa and received political asylum in the U.S.A. He
continued to work as a psychiatrist in New York City, served as
book editor of The Psychiatric Times, and taught at Columbia
University. After becoming involved in financial trading, Dr.
Elder published over 50 articles, software, and book reviews,
and spoke at many conferences. In 1988 he founded Financial
Trading Seminars, Inc., an educational firm for
traders.
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