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<p>Dedication iv</p> <p>Introduction 1</p> <p>HOW THIS BOOK IS ORGANIZED 2</p> <p>MALE OR FEMALE? 4</p> <p><b>PART ONE FINANCIAL TRADING FOR BABES IN THE WOODS 5</b></p> <p><b>1 Invest? Trade? Gamble? 7</b></p> <p>AN INTELLIGENT INVESTOR 7</p> <p>AN INTELLIGENT TRADER 8</p> <p>AN INTELLIGENT GAMBLER? 12</p> <p><b>2 What Markets to Trade? 15</b></p> <p>STOCKS 16</p> <p>FUTURES 18</p> <p>OPTIONS 20</p> <p><b>3 The First Steps 25</b></p> <p>THE EXTERNAL BARRIERS TO SUCCESS 25</p> <p>GETTING YOUR GEAR 32</p> <p>ANALYSIS AND TRADING 39</p> <p><b>PART TWO THE THREE M'S OF SUCCESSFUL TRADING 45</b></p> <p><b>4 Mind—The Disciplined Trader 47</b></p> <p>SLEEPWALKING THROUGH THE MARKET 49</p> <p>A REMEDY FOR SELF-DESTRUCTIVENESS 54</p> <p>THE MATURE TRADER 61</p> <p><b>5 Method—Technical Analysis 67</b></p> <p>BASIC CHARTING 68</p> <p>INDICATORS—FIVE BULLETS TO A CLIP 84</p> <p><b>6 Trading 123</b></p> <p>SYSTEM TESTING 125</p> <p>TRIPLE SCREEN UPDATE 128</p> <p>DAY-TRADING 138</p> <p>THE IMPULSE SYSTEM 157</p> <p>MARKET THERMOMETER 162</p> <p>EXITING TRADES 165</p> <p>CHOOSING WHAT TO TRADE 183</p> <p><b>7 Money Management Formulas 215</b></p> <p>NO MATH ILLITERATES 217</p> <p>BUSINESSMAN'S RISK VS. LOSS. 218</p> <p>THE 2% SOLUTION—PROTECTION FROM SHARKS 220</p> <p>THE 6% RULE—PROTECTION FROM PIRANHAS 223</p> <p>POSITION SIZING 227</p> <p>MONEY MANAGEMENT STEPS 230</p> <p><b>PART THREE COME INTO MY TRADING ROOM 233</b></p> <p><b>8 The Organized Trader 235</b></p> <p>TRADER'S SPREADSHEET 236</p> <p>THE EQUITY CURVE 238</p> <p>TRADING DIARY 240</p> <p>ACTION PLAN 242</p> <p><b>9 Trading for a Living 245</b></p> <p>DISCIPLINE AND HUMILITY 247</p> <p>HAVE YOU GOT THE TIME? 251</p> <p>THE DECISION-MAKING TREE 257</p> <p>BEGINNER, SEMIPRO, PRO 264</p> <p>GOING PRO 267</p> <p><b>10 Come Into My Trading Room 271</b></p> <p>EXCERPTS FROM THE DIARY 273</p> <p>YOUR NEXT TRADE 298</p> <p>Acknowledgments 301</p> <p>Sources 303</p> <p>Index 307</p> <p>About the Author 313</p>

<p><b>ALEXANDER ELDER, MD,</b> is a professional trader, an expert in technical analysis, and a practicing psychiatrist. He is the founder of Financial Trading Inc., a firm that provides intensive trading camps for traders worldwide. Dr. Elder's first book, <i>Trading for a Living</i>, and its companion <i>Study Guide</i> have sold over 160,000 copies in English and were translated into nine languages. Dr. Elder's Web site is www.elder.com.</p>

<p>Come Into My Trading Room</p> <p>A Complete Guide to Trading</p> <p>You can become a successful trader. It has been done before, and it is being done right now, today, by people around the world. If you enjoy learning, if you are not scared of risk, if the rewards appeal to you, and if you are prepared to put in the work, you have a great project ahead of you.</p> <p>In <i>Come Into My Trading Room: A Complete Guide to Trading</i>, Dr. Alexander Elder takes you far beyond the three M's (Mind, Method, Money) of his international bestseller <i>Trading for a Living</i>. He teaches you to manage your money and time, as well as strategy, so that you can enter the markets with confidence and exit with profits. This essential book educates the novice and gives more power to the professional through expert advice, proven trading methods, and something entirely unique—a visit to Dr. Elder's own trading room. You get to follow him through several actual trades, whose entries and exits illustrate many of the key concepts of this book.</p> <p><i>Come Into My Trading Room</i> offers:</p> <ul> <li>A complete introduction to trading essentials</li> <li>An overview of trading psychology, both individual and mass psychology of the markets</li> <li>A practical overview of technical analysis, including new indicators and systems</li> <li>A step-by-step guide to risk control and money management</li> <li>Exact instructions for keeping records and organizing your time</li> <li>A visit to Dr. Elder's private trading room, reviewing several of his recent trades</li> </ul> <p>Be sure to work through the companion volume to this book—<i>Study Guide for Come Into My Trading Room—</i>before you risk a dollar in the markets. The <i>Study Guide</i> features 100 questions and answers and almost 50 charts to test your knowledge. Grade yourself to make sure you know enough about the nine key areas of trading. Work through eight case histories, select entry and exit points, and find out how well you understand what needs to be done in every trade. Use Dr. Elder's <i>Study Guide</i> to make sure that you can measure up to your competitors and surpass them.</p> <p><i>Come Into My Trading Room</i> will help you master a new way of trading stocks, futures, options, and currencies. Unparalleled depth and a wide range of coverage give you the best chance to become the trader you've always wanted to be.</p>

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