Newton Books Trading for a Living: Psychology, Trading Tactics, Money Management

What separates consistently profitable traders from those who blow up their accounts? The answer, according to Dr. Alexander Elder, comes down to three things: Mind, Method, and Money. Trading for a Living is the book that has guided hundreds of thousands of traders around the world toward mastering all three, and it remains one of the most respected and widely read trading books ever written. Whether you are a beginner trying to find your footing or an experienced trader looking to sharpen your edge, this book gives you a complete, practical framework for trading success.

Dr. Alexander Elder is a professional trader, psychiatrist, and teacher of traders based in New York. Born in Leningrad and trained as a medical doctor, Elder worked as a psychiatrist at Columbia University before applying his deep understanding of human psychology to the financial markets. His unique background gave him a rare insight into the emotional and psychological forces that drive trading decisions and his books, articles, and software reviews have established him as one of the world's foremost experts on trading. He is also the originator of Traders' Camps, week-long intensive training programs for serious traders.

What You'll Learn:

• How to develop the disciplined, calm, and focused mindset that separates winning traders from losing ones
• How to read market crowd behavior and use it to predict price movements with greater accuracy
• How to build and test a powerful, reliable trading system that generates consistent results
• How to identify the highest-probability trade setups and pinpoint precise entry and exit points
• How to manage your money and position sizes so that no losing streak can ever knock you out of the game

Perfect For: Beginner and intermediate traders, forex and stock market enthusiasts, investors, and anyone serious about learning to trade profitably and consistently in any market condition.

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