Study Guide for Trading for a Living: Psychology, Trading Tactics, Money Management First Edition

Excellent study guide for the intermediate trader or above. May not be for the beginner that does not already have a trading system or methodology to begin with, although it will help the beginner to recognize the importance of keeping accurate and current records.

My first book as a trader, following up a trip with the maestro himself, Dr. Elder...

Product was exactly as advertised, great quality and arrived on time.

In very good condition for the price. My husband has not put it down! Thats says a lot.

I did not like that this was advertised by the seller as very good quality (pic also states this) and what I received was not of very good quality. Pages were bent and torn at the edges. The front cover was cut up. There was dirt and black marks within the pages. Considering this was printed over 27 years ago, I was wanting to pay $5 or less for a very good quality paperback now that I received it and looking at how much I paid including taxes and shipment($10), I should not have paid more than $5 total. I’m disappointed in the seller’s advertisement that this was in very good condition and overpriced for what I received. I’ve been buying used books and this one was just disappointing.

Really a good book. Would recommend this author.

I find this book useful and an easy read, however, trading is not as easy as the book makes it sound. It's certainly not a get rich quick method, or a way to make a living. Trading is ideally for those who use other people's money, or who does not have to worry about losing their capital. Let's face it, to be successful at trading, one needs to put his or her emotions aside, and when we are dealing with our own money, it is hard to do so, no matter what the book may say. Overall still a very good reference book to have.

It is refreshing to see a common sense approach to trading for the novice trader. The author takes you into the world of trading as a business where a rational plan and no emotion make the moves, not some "gut feeling" or the roulette wheel approach. He takes the gamble pretty much out of the equation. You are steered away from "black box" type trading programs that tell you automatically when to buy and sell. that alone will save your thousands of dollars on worthless "guru" programs. You are taken into the technical analysis world and all aspects of it. Financial planning is also a key.You also get a work book as a companion volume (extra cost) to put your new found knowledge into action.The best book on trading I have seen yet. The author is a Psychologist so that may have something to do with his common sense approach.