Trading with Dr. Elder. Encyclopedia of stock trading.

A textbook on stock trading, written by a trader with an interesting life. Alexander Elder is a ship's doctor, psychiatrist and, as a result, one of the most famous traders.


It is difficult to find a person familiar with the stock exchange who did not know Elder’s name; his works served as teaching aids for more than one generation of novice investors.

Experience as a psychologist will allow the author to thoroughly study the behavior of the crowd in the market and create several fairly well-known trading strategies.

The main sections of the book are:

1. Trading for beginners - will allow you to determine what tasks and goals you are pursuing when starting stock trading (Trader, Investor, Player). Which market is the most attractive? What is needed for successful work – technical and organizational aspects.

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2. Three components of a successful game - The concept of a disciplined trader, what he should be and how to become one. Key points about using charts when analyzing market situations. How to use technical analysis indicators. Money management is the main component of stock trading success.

3. Trader’s office – organization of work, plan and other important points. The importance of keeping a diary of completed transactions.

The book is quite interesting and will be useful both to professionals and to a wide range of readers who are just beginning their journey as a trader.

You can download the book in one of the online stores

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