Alex Elder

Dr. Elder’s revolutionary Trading for a Living has won international acclaim and helped hundreds of thousands of traders bring their skills to new levels. In this presentation he teaches his famous Triple Screen Trading. This trading strategy is worthy of a place of honor in every trader’s set of tools.

Biography: Alexander Elder, MD, is a professional trader, an expert in technical analysis, and a practicin g psychiatrist. He is the founder of Financial Trading Inc., a firm that provides intensive tra ding camps for traders worldwide. Dr. Elder’s renowned works on trading have helped hundreds of thousands of traders around the world and been translated into nine languages. Dr. Elder’s Web site is elder.com

Sell & Sell Short

The latest book from Dr. Alexander Elder, begins with buying, risk management, and record-keeping, but focuses on two essential skills – selling and selling short. There are rules for several different methods of selling and shorting. The book includes over 100 charts which illustrate dozens of trades, many of them from the author’s own diary. The book is printed in full color.

Selling is the hard part of trading. If the stock we buy rises, when do we take profits? If our stock falls, when do we bite the bullet and exit the trade? If our stock stagnates, when do we say enough is enough and move on to another opportunity? Every serious trader must make these decisions.

Stocks go down as well as up, but most market participants only go long – effectively throwing out half of their profit opportunities. Sell and Sell Short shows that stocks tend to fall twice as fast as they rise. This provides great opportunities for faster profits in selling short, but calls for different strategies than trading from the long side.