Vivir del trading / Trading for a Living (Spanish Edition)

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By Anubhav (Mumbai, Maharastra, India) · ★★★★★ · May 17, 2014
This is one of the best books for all the beginner level traders.the whole book is based on
1) behaviour,
2) Basic technical analysis and
3) Risk and Money Management.

when I was doing MBA, my professor of Technical analysis subject recommended me this book and he said that this book has changed his... ...more
By Mark (London, The United Kingdom) · ★★★★★ · February 19, 2015
I don't think this is necessarily a book for beginners. However, it's a book that beginners should read. You will learn that it's all about hard work, and that the folks who sell you systems are selling you fool's gold. (I learnt this the hard way, and then had it demonstrated by my mentor.) You'... ...more
By Hank (The United States) · ★★☆☆☆ · January 23, 2010
This gentleman is clearly smart and I gained some good nuggets of wisdom from listening to this on CD. But I am just not wired to try to predict fluctuations in the market based on the statistics of graphed wave lengths of human behavior - I gravitate toward looking at the business's model of per... ...more
By Stephen (The United States) · ★★★☆☆ · January 15, 2010
I first read this classic in 1995, when I was more or less holding my own in commodity trading (a dangerous pasttime I eventually gave up because the modest profits I saw did not justify the emotional wringer I was going through every day). I remember being a little annoyed with Elder's way of re... ...more
By Joseph (Malaysia) · ★★★★☆ · December 02, 2012
This is a great book. It basically focuses on 3 aspects of trading:

(1) psychology
(2) Market analysis and trading system
(3) money management

..of which the concepts are crystallized into 3 Ms (mind, method and money)..

A good book on psychology and money management and a wonderful brief history on... ...more
By Matthew (Singapore, Singapore) · ★★★★☆ · January 31, 2009
Really excellent and clearly written. It's most valid point, to me, was in explaining the underlying motivation behind technical analysis, which is a better understanding of market psychology and sentiment. The point is that the market is a real-time discussion about how much assets are worth, an... ...more
By Russ (Torrington, CT) · ★★★★★ · July 24, 2013
This is the single best book for anyone who either currently invests or wants to start investing in any financial instrument. Elder addresses both the psychology of trading as well as the techniques of trading. He teaches different methods of technical analysis while avoiding fundamental analysis... ...more
By Ivan (Surrey, BC, Canada) · ★★★★★ · May 06, 2014
Even tough was wrote in 1992, yes that's right, more than 22 years old !! The information contained in this book is just invaluable , gives you the insights for the trading systems and how to prepare and take advantage of those systems. This is one of the classics books for any serious trader, it... ...more
By Jacqui (Singapore, 00, Singapore) · ★★★★☆ · February 18, 2014
Considered one of the trading bibles for beginning traders - it has taken me a very long time to get around to reading this book. After seeing Dr Elder speak in Singapore last year, I was persuaded to explore his trading ideas further.

This book is based on 3 m's - Mind, Method and Money Managemen... ...more