Trading with Dr. Elder: The Encyclopedia of Stock Trading.

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


It's hard to find anyone familiar with the stock market who doesn't know Elder's name; his works have served as textbooks for generations of aspiring investors.

The author's experience as a psychologist allowed him to thoroughly study crowd behavior in the market and develop several well-known trading strategies.

The book's main sections are:

1. Trading for Beginners – will help you determine your goals and objectives when starting out in stock trading (Trader, Investor, Player). Which market is most attractive? What you need for success – technical and organizational aspects.

2. Three components of a successful game - The concept of a disciplined trader, what he should be like, and how to become one. The main points of using charts in analyzing the market situation. How to use technical analysis indicatorsCapital management is the key to successful stock trading.

3. Trader's Office – work organization, plan, and other important aspects. The importance of keeping a trade diary.

The book is quite interesting and will be useful both for professionals and for the general public just starting out as a trader.

You can download the book from one of the online stores

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