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Dr. Alexander Elder Books

1 book·~10 min total read

Dr. Alexander Elder is a professional trader, author, and psychiatrist.

Known for: The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

Books by Dr. Alexander Elder

The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

finance·10 min read

This comprehensive guide by Dr. Alexander Elder updates his classic work on trading psychology, technical analysis, and risk management. It provides practical tools for traders to improve discipline, develop effective trading systems, and manage risk in financial markets. The book integrates psychological insights with modern trading techniques, offering exercises and examples to help readers build consistency and confidence in their trading practice.

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Key Insights from Dr. Alexander Elder

1

The Psychological Foundations of Trading

When I sit down at my trading desk, I remind myself that markets are not battles between bulls and bears—they are battles between discipline and emotion. Every trade begins in the mind. If your internal state is clouded with anxiety, greed, or the need to be right, your decisions will follow suit. T...

From The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

2

Building Discipline and Consistency

Discipline is the bridge between method and result. A trader without discipline is like a pilot without instruments—when turbulence hits, panic takes over. I learned early on that true discipline does not begin on the trading screen. It begins the night before, with a structured plan and a commitmen...

From The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

About Dr. Alexander Elder

Dr. Alexander Elder is a professional trader, author, and psychiatrist. Born in Leningrad and later emigrating to the United States, he is known for his influential works on trading psychology and technical analysis. His books, including 'Trading for a Living' and 'Come Into My Trading Room,' have b...

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Dr. Alexander Elder is a professional trader, author, and psychiatrist. Born in Leningrad and later emigrating to the United States, he is known for his influential works on trading psychology and technical analysis. His books, including 'Trading for a Living' and 'Come Into My Trading Room,' have become classics in the field of financial education.

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Dr. Alexander Elder is a professional trader, author, and psychiatrist.

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