You can be free. You can live and work anywhere in the world, be independent from the routine, and not answer to anybody.This is the life of a successful trader.Many aspire to it but few succeed. Newcomers fail to prepare for the markets’ tough challenges and keep making serious mistakes that could easily be avoided. This book will help you decide whether trading is for you and teach you its essential rules.Success in trading is based on three Ms: Mind (psychology),...

A detailed look at one of the most underestimated aspects of trading-sellingIn The New Sell and Sell Short, Second Edition, Dr. Alexander Elder explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness. Often overlooked, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits and should be a part of every...

An illuminating road trip through the history, life, and attractions of one of the most beautiful countries in the southern hemisphereThe beauty and grandeur of New Zealand has captured the imagination of movie-goers over the past couple of years, and the country is a dream destination for many around the world. Straying from the Flock is an intimate and personal account of one passionate traveler's visit to this incredible country, its mountains and beaches, fjords, rainforests, vi...

Your stocks rise and drop in tune with the general trend of the market. A rising tide will lift all the boats just as surely as a falling tide will smash them against the rocks. The New High – New Low Index is the best leading indicator of market tides. Learning to read its messages will help you become a better investor and trader.The New Highs are the stocks rising to a new yearly high on any given day. These are the strongest stocks on the exchange, the leaders in strength. The ...

Two Roads Diverged: Trading DivergencesWhat you see on the surface is often deceptive, in trading, as well as in life. A trend may appear strong, while below the surface it may be weak and ready to reverse.This book will teach you to use indicators for measuring the internal power of trends. When they confirm an uptrend, they tell you it's OK to hold or add to long positions. At other times they signal that the trend is suspect: it is better to exit, take profits, and even ...

We're at the dawn of a new era: additive manufacturing allows us to create objects by programming and then printing them layer by layer.The way we make things hasn't changed much since the days of a stone axe, made by bashing two rocks against one another. We take something big and make it useful by cutting, chiseling, drilling, and otherwise reducing it. We accept a huge amount of waste and severe technical limitations: for example, it may be impossible to drill an S-shaped passag...

Come behind closed doors and see real trades made by real traders.Dr. Alexander Elder leads you into 16 trading rooms where you meet traders who open up their diaries and show you their trades. Some of them manage money, others trade for themselves; some trade for a living, others are on the semi-professional level. All are totally serious and honest in sharing their trades with those who would like to learn. You will meet American and international traders who tra...

This brief book will teach you the essentials of computerized technical trading. It will introduce you to self-organization and risk management, but zoom into technical trading tools. We’ll cover indicators, several trading systems, setting profit targets and stops, and much more.What’s unique about this book is that all of its charts, tools, indicators, and systems have been programmed and are waiting for you at www.Stockcharts.com. If you have different software, you can still us...

This brief book will teach you the essentials of computerized technical trading. It will introduce you to self-organization and risk management, but zoom into technical trading tools. We’ll cover indicators, several trading systems, setting profit targets and stops, and much more.What’s unique about this book is that all of its charts, tools, indicators, and systems have been programmed and are waiting for you at www.Stockcharts.com. If you have different software, you can still us...

SpikeTrade members participate in a friendly competition for the best stock picks. This competition is intense but very friendly, as members share trading ideas and tips. The authors answer members' trading-related questions.As a result, there is a growing wealth of knowledge in SpikeTrade. Now, for the first time, non-members may enter that treasury and see the answers by Dr Elder and Mr Lovvorn to members' questions. Reading this book will help you solve your own market puzzles a...

Test your trading knowledge and skills—without risking any moneyYou may read the best trading book, but how much of that knowledge will you retain a week later? This is why you need this Study Guide for The New Trading for a Living. It'll give you a firmer grasp of the essential trading rules and skills. This Study Guide, based on the bestselling trading book of all time, was created by its author to help you master the k...

The definitive book on adapting the classic work of Richard Wyckoff to today's marketsPrice and volume analysis is one of the most effective approaches to market analysis. It was pioneered by Richard Wyckoff, who worked on Wall Street during the golden age of technical analysis. In Trades About to Happen, veteran trader David Weis explains how to utilize the principles behind Wyckoff's work and make effective trades with this method.Page by page, W...