Read To Trade or Not to Trade: A Beginner's Guide, 2nd Expanded Edition (Trading with Dr Elder) by Alexander Elder Online

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You can be free. You can live and work anywhere in the world, be independent from the routine, and not answer to anybody. This is the life of a successful trader.Many aspire to it but few succeed. Newcomers often fail to prepare for the markets’ tough challenges. They keep making serious mistakes that could easily be avoided.This book will help you decide whether trading iYou can be free. You can live and work anywhere in the world, be independent from the routine, and not answer to anybody. This is the life of a successful trader.Many aspire to it but few succeed. Newcomers often fail to prepare for the markets’ tough challenges. They keep making serious mistakes that could easily be avoided.This book will help you decide whether trading is for you and teach you its key essential rules.Success in trading is based on three Ms: Mind (psychology), Method (tactics), and Money (risk management). Each of these areas is covered in its own section of this ebook. The final section covers such practical topics as record-keeping, finding a broker, beginning to trade and continuing education.CONTENTSHow this book is organized / Free updates & the honor code / Is it possible to trade for a living? / Can anyone become a successful trader?MIND - Trading Psychology for BeginnersWhat you need to succeed / Who should not trade? / No illusions / A trading aptitude test / Trading psychology resourcesMETHOD: Trading Rules for BeginnersTwo ways to analyze markets / Mind the gap between price and value / Live data and day-trading / Going long, selling short, or spreading / What stocks to trade / Futures, options, and forex / Use multiple timeframes / Discretionary and systematic trading / Placing orders / Profit targets / Protective stopsMONEY MANAGEMENT for BeginnersThe three essential numbers for every trade / The 2% Rule / The 6% RuleTrade sizing - the iron triangle of risk control / What account size is good for beginners?PRACTICALITIES for BeginnersPaper trading / Record-keeping / What is your edge? / Opening a brokerage account / Taxes / Continuing education: books, software, etc.Alexander Elder, M.D. is a professional trader based in New York. He is the author of several best-selling books: Trading for a Living, Come into My Trading Room, Entries & Exits, and The New Sell and Sell Short (all with Study Guides). Dr. Elder taught psychiatry at Columbia University. His experience provides him with unique insight into the psychology of trading. Dr. Elder is a sought-after speaker at worldwide conferences....

Title : To Trade or Not to Trade: A Beginner's Guide, 2nd Expanded Edition (Trading with Dr Elder)
Author :
Rating :
ISBN : 9781452455099
Format Type : Kindle Edition
Number of Pages : 73 Pages
Status : Available For Download
Last checked : 21 Minutes ago!

To Trade or Not to Trade: A Beginner's Guide, 2nd Expanded Edition (Trading with Dr Elder) Reviews

  • Mike Oksenenko
    2019-04-30 03:10

    Best reading order:1) To Trade or Not to Trade (Alexander Elder)2) Two Roads Diverged (Alexander Elder)3) Trading for a Living (Alexander Elder)4) Entries and Exits (Alexander Elder)5) Come Into My Trading Room (Alexander Elder)6) Sell and Sell Short (Alexander Elder)

  • Timothy J Summers
    2019-05-04 04:54

    Very good intro. Makes me want to learn more.

  • Manish
    2019-05-20 01:16

    It tales about important rules and lay foundation to anyone for biginner in trading

  • Rohan
    2019-05-11 00:12

    want ot read