Dr. ALEXANDER ELDER
Trader and Best-Selling Author
Alexander Elder is a professional trader and a teacher of traders, based in New York. He has unique insight into the psychology of trading. Dr. Elder’s books, articles, and software reviews have established him as one of today’s leading experts on trading.
The New Trading for A Living
Psychology & Discipline. Trading Tools and Systems. Risk Control & Trade Management
The New Trading for a Living brings time-tested concepts in gear with today's fast-moving markets, adding new studies and techniques for the modern trader.
Alexander Elder teaches a calm and disciplined approach to the markets. He emphasizes risk management along with self-management and provides clear rules for both.
The New Trading for a Living includes templates for rating stock picks, creating trade plans, and rating your own readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system.
Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.
- Overcome barriers to success and develop stronger discipline
- Identify asymmetrical market zones, where rewards are higher and risks lower
- Master money management as you set entries, targets and stops
- Use a record-keeping system that will make you into your own teacher
The New Sell and Sell Short
How To Take Profits, Cut Losses, and Benefit From Price Declines

The New Sell and Sell Short, Second Edition, explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness.
Alexander Elder said, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits.
Understanding Where and When to sell is essential to successful trading. The new Sell & Sell Short 2nd edition:
- Contains new examples and insights from the 2008-2009 market meltdown
- Includes an extensive study guide with 115 questions and answers and 17 chart studies
- Discusses the selling process from a variety of angles: technical, fundamental, and psychological
- Explains how to maximize winnings in a profitable trade and how to minimize losses when a trade doesn't go as planned
- Offers detailed guidance for traders of stocks, financial futures, commodities, and currencies
- Explains how to set profit targets and stop-loss orders prior to entering any trade Other bestselling titles by Elder: Trading for a Living, Come Into My Trading Room, and Entries and Exits
Come Into My Trading Room
A Complete Guide to Trading
Dr. Alexander Elder expand far beyond the three M's (Mind, Method, and Money) of his bestselling Trading for a Living. Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading
Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization—with the goal of turning anyone into a complete and successful trader.
Entries & Exits
Visits to Sixteen Trading Room
Entries & Exits: 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.
They 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.