
In this animated video summary, I will share the top 5 takeaways from Alexander Elder’s classic on how to become a stock market magician – Trading for a Living.
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- Top 5 Takeaways from Trading in the Zone: https://bit.ly/2Y4Pbju
- Top 5 Takeaways from Trade Your Way to Financial Freedom: https://bit.ly/2JlsR1D
Support the channel by getting Trading for a Living by Alexander Elder (or any other two audiobooks) FREE by signing up here: https://amzn.to/2TgvSzU
Top 5 Takeaways:
01:27 1. The Three Pillars of Trading
02:53 2. How to Keep Your Emotions in Check
04:45 3. One Indicator to Rule Them All?
07:56 4. The Triple Screen Trading System
10:49 5. Money Management 101
Trading for a Living’s successful trading is based on three M's: Mind, Method, and Money. Trading for a Living by Alexander Elder helps you master all of those three areas:
* How to become a cool, calm, and collected trader
* How to profit from reading the behavior of the market crowd
* How to develop a powerful trading system
* How to find the trades with the best odds of success
* How to find entry and exit points, set stops, and take profits
Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game (2% equity rule).
Alexander Elder has also written a new version of his old classic: The New Trading for a Living, which you should consider as well.
- Category
- Forex Education
