Preview
  • Trading for a Living

  • Psychology, Trading Tactics, Money Management
  • By: Alexander Elder
  • Narrated by: Richard Davison
  • Length: 2 hrs and 58 mins
  • 4.5 out of 5 stars (2,426 ratings)

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Trading for a Living

By: Alexander Elder
Narrated by: Richard Davison
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Publisher's summary

A hundred-thousand investors have turned to this best-selling guide for mastering successful trading by Dr. Alexander Elder, a professional trader, a world-classs expert in technical analysis, and a practicing psychiatrist. He believes that successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps discipline your Mind, shows you the Methods for trading the markets, and show you have to manage Money in your trading accounts.

Trading for a Living will help you master:

  • Individual pyschology: How to become a disciplined trader
  • Mass psychology: Know when to join the crowd and when to leave it
  • Classical charting: Identify support and resistance, place stops
  • The neglected essentials: Read volume, open interest, and time cycles
  • Psychological indicators: Profit from contrary opinion theory
  • Trading systems: Learn about the Triple Screen trading system
  • Risk management: All about stops and profit targets
  • ©1993 Alexander Elder (P)2000 Penton Overseas, Inc.
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    Featured Article: The Best Trading Audiobooks for Improving Your Financial Savvy


    When it comes to the economy, advice from various experts and perspectives abounds—so much so that it can feel like you need advice on which advice to take. And for those who specialize in trading, general financial advice or even investment instruction is often not specific enough. When dealing with the high stakes associated with trading, either as a hobby or a career, it’s essential to seek out wisdom from those who have learned from experience.

    What listeners say about Trading for a Living

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    • 4.5 out of 5 stars
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    • Overall
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      5 out of 5 stars

    Changes my entire mindset on trading!

    I suggest anyone that wants to get serious about trading to check out this book!! It’s a life changer. Seriously

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    • Overall
      5 out of 5 stars
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      5 out of 5 stars

    Exceptional audio book!

    Undervalued audio book! Thank you for having it for us to learn and gain wisdom and correction off of.

    Cheers!

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    • Overall
      5 out of 5 stars
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      5 out of 5 stars

    Mindfulness encapsulated...Zen_ist...

    Just one excellent guide for novice to pro...on how to be chill in your trade practice. Solid narration...

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      5 out of 5 stars

    Super Narration of a great book

    Richard Davidson’s Narration is fantastic. So many times, subjects like these can be narrated very poorly with boring monotone.

    Loved the book and kudos to the narrator. Fantastic job

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    • Overall
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      5 out of 5 stars

    Very good, comprehensive

    This is an entertaining, comprehensive, and plainly written book about day trading fundamentals and theories. With HFT, you might believe that this advice is a bit outdated, but I certainly believe that most of it holds up surprisingly well. This is not a book about the personal experience of a day trading guru, but a well-written and formulated detailing of day trading and market analysis. Highly recommend. I will likely buy the print version too.

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    helpful

    finished it. you have to listen to it a few times for sure no doubts there

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      4 out of 5 stars

    Insightful

    Entering into trading, this is a must read/listen. Psychology is key to success in many areas of life, but in trading it is paramount.

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    A Must for ANY Trader!!

    If you have read Reminiscences of a Stock Operator, then this book should be right next to it in your library! Awesome!! Its exactly what you need to understand the markets and the mental side of the game. Wall Street is like no other business in the world. This book is YOUR blueprint.

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    4 people found this helpful

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      5 out of 5 stars

    Must read

    For everyone wanting to start trading, this is a must read book. It simply point out things that you won't by yourself admit. Psychology is a big part of being a successful trader...

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    • Overall
      5 out of 5 stars

    A Must Read if you are serious in Trading.

    This book will help you a lot in improving your trading Skills especially your psychology in trading.

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