Sample
  • 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 (2,423 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.

    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

    Average customer ratings
    Overall
    • 4.5 out of 5 stars
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      1,696
    • 4 Stars
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    • 3 Stars
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    Story
    • 4.5 out of 5 stars
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      1,272
    • 4 Stars
      355
    • 3 Stars
      125
    • 2 Stars
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    • 1 Stars
      28

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

    AMAZING BOOK!!!

    Everything he discussed explained why I lost so many trades in my first year! A must listen for anyone that wants to become a good trader.

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    2 people found this helpful

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      5 out of 5 stars
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      4 out of 5 stars

    Enjoyable read with great investment information

    This book is not an extremely lengthy one. One down gal is that there are only 3 chapters but other than that it is a great read. Interesting mental strategies with solid factual information.

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      5 out of 5 stars
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      4 out of 5 stars

    Valuable

    Narrator was good, a little dry but so is the book, of course. My only criticism is that he doesn't do a great job of separating topics and subjects, sometimes I'd find that I'd suddenly jumped topics with little context.

    Otherwise, great book(wish we had the New version) good narrator.

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

    Great advice

    Wow that was really helpful. Helps you put a different look to how you are trading.

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

    Essential reading for traders

    Essential reading for traders. Teaches the basics I wish I started with instead of the technical stuff

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

    A different look at trading

    Great approach to trading whether it is day or swing etc must read for all

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    If I can use half of this.

    I really like Dr.E and would like to sit in on one of his classes.

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

    Practical and concise trading wisdom

    Most concise and clear book communicating the principles of trading. Don't pass this one up!

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

    Best Trading Book Ever

    As a beginner in trading, this is the best insight to trading I have read so far.

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

    One of the best trading books I have ever lessened to

    I like the philosophy and the psychology background of the author. Five stars ⭐️⭐️⭐️⭐️⭐️ Lesson to it and learn.

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