Audiobook2 hours
Trading for a Living
Written by Dr. Alexander Elder
Narrated by Richard Davidson
Rating: 4.5 out of 5 stars
4.5/5
()
About this audiobook
The New Trading for a Living updates a modern classic, popular worldwide among both private and institutional traders. This revised and expanded edition brings time-tested concepts in gear with today's fast-moving markets, adding new studies and techniques for the modern trader.
This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and provides clear rules for both. The New Trading for a Living includes templates for rating stock picks, creating trade plans, and rating your own readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system.
All charts in this book are new and in full color, with clear comments on rules and techniques. The clarity of this book's language, its practical illustrations and generous sharing of the essential skills have made it a model for the industry—often imitated but never duplicated. Both new and experienced traders will appreciate its insights and the calm, systematic approach to modern markets.
The New Trading for a Living will become an even more valuable resource than the author's previous books:
Overcome barriers to success and develop stronger discipline
Identify asymmetrical market zones, where rewards are higher and risks lower
Master money management as you set entries, targets and stops
Use a record-keeping system that will make you into your own teacher
Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.
This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and provides clear rules for both. The New Trading for a Living includes templates for rating stock picks, creating trade plans, and rating your own readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system.
All charts in this book are new and in full color, with clear comments on rules and techniques. The clarity of this book's language, its practical illustrations and generous sharing of the essential skills have made it a model for the industry—often imitated but never duplicated. Both new and experienced traders will appreciate its insights and the calm, systematic approach to modern markets.
The New Trading for a Living will become an even more valuable resource than the author's previous books:
Overcome barriers to success and develop stronger discipline
Identify asymmetrical market zones, where rewards are higher and risks lower
Master money management as you set entries, targets and stops
Use a record-keeping system that will make you into your own teacher
Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.
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Reviews for Trading for a Living
Rating: 4.721784776902887 out of 5 stars
4.5/5
381 ratings23 reviews
- Rating: 5 out of 5 stars5/5I would like to call this book a very focused and practical.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Every trader should read and listen this book if he wants to be successful..Such a classical wisdom ... Thanks Dr. Alexander and Scribd for this book ??.
- Rating: 5 out of 5 stars5/5i wish i have the printed version of this so i can read it and learn more. Excellent book :)
- Rating: 5 out of 5 stars5/5An excellent book. Paints a vivid picture of the realities in trading. A must read for anyone intending to become a professional.
- Rating: 4 out of 5 stars4/5great book specially the triple screen system, but it could have been more detailed
- Rating: 5 out of 5 stars5/5Concepts well explained , focuses on the mindset more than the market.
A must read for those who don’t feel very confident about trading! - Rating: 5 out of 5 stars5/5A M A Z I N G BOOK ! !
- Rating: 3 out of 5 stars3/5Useful introduction to trading. Definitely a little bit outdated, but nice as a starting point.
- Rating: 5 out of 5 stars5/5The first time I heard about trading what I thought out to be done: try to explain the market effects through the lense of people behavior and crowd behavior.
- Rating: 5 out of 5 stars5/5Such an important book for every traders. Very highly recommended
- Rating: 5 out of 5 stars5/5Highly informative. Good read. I’ve learned a lot here. A must read for whoever wants success as a trader
- Rating: 1 out of 5 stars1/5It is not complete, it just starts reading the topics first paragraph, then jumps to the next. It is great to hear, but have lost a lot of details.
- Rating: 4 out of 5 stars4/5This is my first time listening to an audiobook. Although I like the fact I can finish the just of the quickly, this book has lots of technical things that need to be seen and analyzed, which Is not possible while listening! So it is better to read the book.
- Rating: 5 out of 5 stars5/5Very details from the writer and good voice from the speaker
- Rating: 5 out of 5 stars5/5I loved the book and the narrator. Will definitely listen to it again and again.
- Rating: 5 out of 5 stars5/5This has been a great overview and introduction into trading. Will be relistening to take notes and grow from there.
- Rating: 5 out of 5 stars5/5A good book for beginners, it gives a good start and help you to clear the basics.
- Rating: 5 out of 5 stars5/5Very relevant for any time period and markets. Absolutely worth a read/listen for any beginner and even some seasoned traders.
- Rating: 5 out of 5 stars5/5In this book Dr. Elder gives us a really good outlook of what moves the markets and how to beat the odds to become a profitable trader. I really like that he urges the reader to read more books on this topic, instead of proposing that this is the only book you will ever need. His work opened up my understanding to a new dimension in the markets, for which I am eternally grateful. This is a really good book, enjoy it.
- Rating: 5 out of 5 stars5/5Excellent audio book. I wished I would listen to it a couple of days ago. It would have saved me hundreds of dollars in a bad trade.
- Rating: 3 out of 5 stars3/5I like the it, Ok book.. Basic stuff. Good for beginers.
- Rating: 3 out of 5 stars3/5Had a lot of professional experience. One part which I found missing was the lack case studies. Some actual good or bad decisions taken.
- Rating: 4 out of 5 stars4/5trading plan and money management. psychology of crowds, and indications of that psychology.