+612 9045 4394
 
CHECKOUT
$7.95 Delivery per order to Australia and New Zealand
100% Australian owned
Over a hundred thousand in-stock titles ready to ship
Study Guide for Trading for a Living : Psychology, Trading Tactics, Money Management - Alexander Elder

Study Guide for Trading for a Living

Psychology, Trading Tactics, Money Management

Paperback Published: 8th March 1993
ISBN: 9780471592259
Number Of Pages: 208

Share This Book:

Paperback

RRP $70.95
$53.25
25%
OFF
Ships in 7 to 10 business days

Earn 107 Qantas Points
on this Book

Trading for a Living Successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps you master all of those three areas:

â How to become a cool, calm, and collected trader

â How to profit from reading the behavior of the market crowd

â How to use a computer to find good trades

â How to develop a powerful trading system

â How to find the trades with the best odds of success

â How to find entry and exit points, set stops, and take profits

Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game. To help you profit even more from the ideas in Trading for a Living, look for the companion volume--Study Guide for Trading for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example: Question Markets rise when

â there are more buyers than sellers

â buyers are more aggressive than sellers

â sellers are afraid and demand a premium

â more shares or contracts are bought than sold



â I and II

â II and III

â II and IV

â III and IV

Answer B. II and III. Every change in price reflects what happens in the battle between bulls and bears. Markets rise when bulls feel more strongly than bears. They rally when buyers are confident and sellers demand a premium for participating in the game that is going against them. There is a buyer and a seller behind every transaction. The number of stocks or futures bought and sold is equal by definition.

Partial table of contents:

Trading--The Last Frontier.

The Odds Against You.

INDIVIDUAL PSYCHOLOGY.

Fantasy Versus Reality.

Self-Destructiveness.

Trading Lessons from AA.

Winners and Losers.

MASS PSYCHOLOGY.

What Is the Market?.

The Market Crowd and You.

Managing Versus Forecasting.

CLASSICAL CHART ANALYSIS.

Support and Resistance.

Trendlines.

Chart Patterns.

COMPUTERIZED TECHNICAL ANALYSIS.

Moving Averages.

The Directional System.

Williams %R.

Relative Strength Index.

THE NEGLECTED ESSENTIALS.

Volume-Based Indicators.

Herrick Payoff Index.

STOCK MARKET INDICATORS.

New High-New Low Index.

PSYCHOLOGICAL INDICATORS.

Consensus Indicators.

NEW INDICATORS.

Elder-Ray.

TRADING SYSTEMS.

Triple Screen Trading System.

Channel Trading Systems.

RISK MANAGEMENT.

Money Management.

Afterword.

Sources.

Index.

ISBN: 9780471592259
ISBN-10: 0471592250
Series: Wiley Finance
Audience: General
Format: Paperback
Language: English
Number Of Pages: 208
Published: 8th March 1993
Publisher: John Wiley and Sons Ltd
Country of Publication: US
Dimensions (cm): 22.9 x 15.2  x 1.5
Weight (kg): 0.29
Edition Number: 1

Earn 107 Qantas Points
on this Book