{"product_id":"study-guide-for-trading-for-a-living-psychology-trading-tactics-money-management-paperback","title":"Study Guide for Trading for a Living: Psychology, Trading Tactics, Money Management - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eAlexander Elder\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSuccessful trading is based on three M's: Mind, Method, and Money. \u003ci\u003eTrading for a Living\u003c\/i\u003e helps you master all of those three areas: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow to become a cool, calm, and collected trader\u003c\/li\u003e \u003cli\u003eHow to profit from reading the behavior of the market crowd\u003c\/li\u003e \u003cli\u003eHow to use a computer to find good trades\u003c\/li\u003e \u003cli\u003eHow to develop a powerful trading system\u003c\/li\u003e \u003cli\u003eHow to find the trades with the best odds of success\u003c\/li\u003e \u003cli\u003eHow to find entry and exit points, set stops, and take profits\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eTrading for a Living\u003c\/i\u003e 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 \u003ci\u003eTrading for a Living\u003c\/i\u003e, 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\u003c\/p\u003e \u003cul\u003e \u003cli\u003ethere are more buyers than sellers\u003c\/li\u003e \u003cli\u003ebuyers are more aggressive than sellers\u003c\/li\u003e \u003cli\u003esellers are afraid and demand a premium\u003c\/li\u003e \u003cli\u003emore shares or contracts are bought than sold\u003c\/li\u003e \u003cli\u003e \u003cul\u003e \u003cli\u003eI and II\u003c\/li\u003e \u003cli\u003eII and III\u003c\/li\u003e \u003cli\u003eII and IV\u003c\/li\u003e \u003cli\u003eIII and IV\u003c\/li\u003e \u003c\/ul\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAnswer 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.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eALEXANDER ELDER\u003c\/b\u003e, 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.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 208\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.56 x 9 x 6.05 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 16, 1993\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45343738888294,"sku":"9780471592259","price":55.88,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0599\/7255\/0758\/files\/Wm05Mm85UTJsOVY0enZkd250aGt3QT09.webp?v=1774950637","url":"https:\/\/infinitylightwa.com\/products\/study-guide-for-trading-for-a-living-psychology-trading-tactics-money-management-paperback","provider":"Infinity Light","version":"1.0","type":"link"}