Trading as a Business – Alexander Elder

Book Overview

This Trading as a Business book by Alexander Elder is the culmination of almost ten years of research and hundreds of hours spent in front of a computer screen. The methods are founded on my understanding of how the market operates.

This book will begin with the fundamentals of support and resistance, but will progressively progress to more difficult themes, requiring the learner to work hard!

Book Outline

• Chapter 1: The Principles of Successful Trading
• Chapter 2: The Path to Successful Trading
• Chapter 3: Markets, Strategies & Time Frames
• Chapter 4: Profile of a Winning Strategy
• Chapter 5: The Art of Strategy Design – In Theory
• Chapter 6: The Art of Strategy Design – In Practice
• Chapter 7: Optimization, The Double-Edged Sword
• Chapter 8: The Science of Strategy Design
• Chapter 9: Trading as a Business

What Will You Learn?

• You will be able to identify and plot supply and demand zones appropriately.
• You will understand where to set your stoploss and how to select targets.
• You will learn about several sorts of entrance strategies.
• You will learn how Investment Banks and Market Makers influence the market and how to profit from them.
• You will learn the fundamentals of risk management and trading psychology.
• Price pivot zones, the BAR setup, and how it links to advanced supply and demand themes will be covered.
• Advanced supply and demand themes, such as compression and the “Engulf” pattern, will be covered.

Who Is This Book For?

• Day traders, proprietary traders, and hedge fund traders will benefit from this book. It is expected that you have a fundamental grasp of trading.