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The New Trading for a Living

Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)

16 minAlexander Elder

What's it about

Tired of emotional decisions sabotaging your trades? What if you could master the market by mastering yourself? This updated classic gives you a complete blueprint to trade with discipline, turning psychological hurdles into your greatest advantage for consistent profits. Learn to combine powerful trading tools with strict risk control and trade management. Dr. Alexander Elder reveals his proven system—the three M's of Mind, Method, and Money—to help you develop a calm, strategic approach, identify high-probability setups, and manage your capital like a professional.

Meet the author

Dr. Alexander Elder is a professional trader and a world-renowned teacher of traders, whose bestselling books, including the classic Trading for a Living, have educated millions worldwide. Originally a psychiatrist in New York City, he discovered that his medical training gave him a unique insight into the psychology of trading. This fusion of market analysis and human psychology forms the foundation of his powerful and effective trading systems, helping traders master their minds and the markets.

The New Trading for a Living book cover

What's it about

Tired of emotional decisions sabotaging your trades? What if you could master the market by mastering yourself? This updated classic gives you a complete blueprint to trade with discipline, turning psychological hurdles into your greatest advantage for consistent profits. Learn to combine powerful trading tools with strict risk control and trade management. Dr. Alexander Elder reveals his proven system—the three M's of Mind, Method, and Money—to help you develop a calm, strategic approach, identify high-probability setups, and manage your capital like a professional.

Meet the author

Dr. Alexander Elder is a professional trader and a world-renowned teacher of traders, whose bestselling books, including the classic Trading for a Living, have educated millions worldwide. Originally a psychiatrist in New York City, he discovered that his medical training gave him a unique insight into the psychology of trading. This fusion of market analysis and human psychology forms the foundation of his powerful and effective trading systems, helping traders master their minds and the markets.