The New Trading for a Living by Alexander Elder: 9 Minute Summary

*BOOK SUMMARY*

TITLE - The New Trading for a Living: Psychology, Trading Tactics, Risk Management, and Record-Keeping

AUTHOR - Alexander Elder

DESCRIPTION:
📖 "The New Trading for a Living" is the ultimate guide for modern traders. This revised classic emphasizes risk and self-management, with new studies and techniques. With templates for stock picks and trade plans, full-color charts, and clear rules, both new and experienced traders will gain valuable insights to master money management and rise to the top.

TIMESTAMPS:
⌚ 00:00 Introduction
⌚ 01:12 Mastering Pitfalls In Stock Trading
⌚ 02:44 Trading versus Gambling
⌚ 03:28 Trading and Independent Thinking
⌚ 04:28 Understanding Classical Chart Analysis
⌚ 05:27 Understanding the Secrets of a Bar Chart
⌚ 06:26 Trading Tips for Beginners
⌚ 06:58 Trading Tips: The 2% and 6% Rules
⌚ 07:58 Trading Discipline through Record Keeping
⌚ 08:39 Final Recap

FULL BOOK:

KEY LINKS:

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