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Home > Business & Economics > Finance & Accounting > Entries & Exits: Visits to Sixteen Trading Rooms , Study Guide
Entries & Exits: Visits to Sixteen Trading Rooms , Study Guide
by Elder, Alexander
 
 
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Entries & Exits: Visits to Sixteen Trading Rooms , Study Guide
"Come behind closed doors and see real trades made by real traders.

Dr. Alexander Elder leads you into 16 trading rooms where you meet traders who open up their diaries and show you their trades. Some of them manage money, others trade for themselves; some trade for a living, others are on the semi-professional level. All are totally serious and honest in sharing their trades with those who would like to learn. You will meet American and international traders who trade stocks, futures, and options using a variety of methods. All are normally very private, but now, thanks to their relationships with Dr. Elder, you can see exactly how these traders decide to enter and exit trades. Each chapter illustrates an entry and an exit for two trades, with comments by Dr. Elder. With this book as your guide, you can get closer to mastering the key themes of trading—psychology, tactics, risk control, record keeping, and the decision-making process.

The companion Study Guide is filled with striking insights and practical advice allowing you to test your knowledge and reinforce the principles outlined in Entries & Exits. "



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Title of ebook: Entries & Exits: Visits to Sixteen Trading Rooms , Study Guide
ISBN: 9780470038901
parent-ISBN: 9780471659822
Publisher: John Wiley & Sons, Inc.
Internet download file size: 3900 kb
Pages: 165
Published: 05-2006
Released online for download: 05-11-2006
Author of eBook: Elder, Alexander
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Entries & Exits, Study Guide

Visits Tosixteen Trading Rooms

Chapter One

ORGANIZATION

When a surgeon walks into his operating room, he knows that all the equipment has been set up to help him achieve success. The life-support instruments, the surgical supplies, and the systems for dealing with emergencies are all in place before he begins. Similarly, when you begin trading, you have to prepare your trading room before placing orders. You must choose your software and learn to use it, and you must allocate capital, money, and time. You need to develop a plan of action and emergency procedures, taking care of a host of important details.

This section will help you review what you need to do to prepare yourself to trade. A mere dozen questions cannot cover every step and procedure, but they can serve as a wake-up call. If you do well, you are more likely to succeed, but if you do poorly on these tests, you should stop and do some serious studying before putting a dollar at risk.

Question 1-Learning to Trade

How long should it take to become a successful trade ... read full excerpt from Entries & Exits: Visits to Sixteen Trading Rooms , Study Guide ebook



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