Trading Psychology Books |
Written by Alexander Elder |
Trading for a Living: Psychology, Trading Tactics, Money Management
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.
Table of Contents
Partial table of contents:
Trading--The Last Frontier.
The Odds Against You.
Fantasy Versus Reality.
Trading Lessons from AA.
Winners and Losers.
What Is the Market?.
The Market Crowd and You.
Managing Versus Forecasting.
CLASSICAL CHART ANALYSIS.
Support and Resistance.
COMPUTERIZED TECHNICAL ANALYSIS.
The Directional System.
Relative Strength Index.
THE NEGLECTED ESSENTIALS.
Herrick Payoff Index.
STOCK MARKET INDICATORS.
New High-New Low Index.
Triple Screen Trading System.
Channel Trading Systems.