Trading for a Living by Alexander Elder
The best-selling trade book of all time updated for the new era
The New Trading for a Living updates a modern classic, popular worldwide among private and institutional merchants. This revised and expanded edition brings time-tested concepts to today’s fast-moving markets, adding new studies and techniques for the modern merchant.
This classic guide teaches a calm and disciplined approach to markets. It emphasizes risk management along with self-management and provides clear rules for both. The new Trading for a Living includes templates to rate stock picks, create trading plans, and rate your own willingness to trade. It provides the knowledge, perspective, and tools to develop your own effective trading system.
All the charts in this book are new and in full color, with clear comments on rules and techniques. The clarity of language in this book, its practical illustrations, and the generous exchange of essential skills have made it an often-imitated but never duplicated model for the industry. Both new and experienced traders will appreciate your ideas and the calm and systematic approach to modern markets.
The new trade 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 asymmetric market areas, where the rewards are highest and the risks lowest.
Master money management as you set inputs, goals, and stops
Use a record keeping system that makes you your own teacher
Successful trading is based on knowledge, focus, and discipline. The new Trading for a Living will elevate your trading to a higher level by sharing classical wisdom alongside modern market tools.
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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