Entries & Exits takes you behind closed doors, into the trading
rooms of sixteen private traders. They live in different countries,
trade different markets, and use different methods, but all share a
dedication to trading. Your guide on this journey is Dr. Alexander
Elder, a bestselling author, professional trader, and practicing
psychiatrist.
Each visit begins with a description of each trader's background
and methods. He or she walks you through a winning and a losing
trade, showing his or her signals on the charts, and explaining the
reasoning behind them. After studying the entry, you are invited to
decide whether that trade is likely to make or lose money. After
you turn the page and see the exit, you learn how that trade worked
out. Dr. Elder then shows you his charts for every trade and
explains his analysis and decisions. At the end of each interview,
he discusses a key aspect of trading, relevant to the trades you
have just studied.
Entries & Exits provides an up-close and personal look at
how real traders select trades and make decisions. You'll benefit
from their hard-earned insights into trading psychology, analytic
techniques, money management, record-keeping, and other essential
aspects of successful trading. The book delivers a variety of
concepts and techniques that will help you become a better trader
tomorrow than you are today.
Study Guide for Entries & Exits
Be sure to work through the companion volume to Entries &
Exits before you risk a dollar in the markets. The Study Guide
contains 101 questions and answers, including twenty-five case
studies. Each of them challenges you to focus on some essential
aspect of successful trading.
There are sevenchapters in this Study Guide--Organization,
Psychology, Markets, Trading Tactics, Money Management and
Record-Keeping, Case Studies, and Traders Speak. Each covers a
major area of trading and offers you a rating scale, allowing you
to measure your competence level. Now you can discover and fill any
gaps in your knowledge without risking any money.
The answers in the back of the book provide detailed
explanations of the right and wrong answers to the multiple-choice
questions. A large number of those questions and the case histories
in this Study Guide were contributed by traders interviewed in
Entries & Exits, linking both books into a single, powerful
tool for developing trading skills.
Use Dr. Elder's Study Guide together with Entries & Exits
to make the most of your time as you learn to take advantage of
market opportunities.
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